The first table below looks at the prevalence of the term Physics in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Physics over the 3 months to 23 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
23 Jul 2014
Same period 2013 Same period 2012
Physics
Rank 182 188 219
Rank change year-on-year
+6 +31
Contract jobs citing Physics 14 37 8
As % of all contract IT jobs located in the City of London 0.24% 0.52% 0.10%
As % of the Miscellaneous category 0.78% 1.58% 0.32%
Number of daily rates quoted 9 25 4
Average daily rate
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£650 £550 £613
Average daily rate % change year-on-year
+18.18% -10.20%
90% offered a daily rate of more than £475 £470 £565
10% offered a daily rate of more than £735 £650 £643
UK excluding London average daily rate £350 £293 £325
% change year-on-year
+19.65% -10.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £35.00 £37.50 £43.75
% change year-on-year
-6.66% -14.28%
Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1787 2343 2515
As % of all contract IT jobs located in the City of London 30.85% 32.96% 32.11%
Number of daily rates quoted 1293 1707 1933
Average daily rate £475 £500 £500
Average daily rate % change year-on-year
-5.00% -
90% offered a daily rate of more than £275 £301 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 38 61 50
Average hourly rate £20.19 £22.00 £20.50
Average hourly rate % change year-on-year
-8.23% +7.31%
90% offered a hourly rate of more than £12.50 £15.25 £13.08
10% offered a hourly rate of more than £45.00 £50.25 £35.00
UK excluding London average hourly rate £21.00 £20.50 £26.00
% change year-on-year
+2.43% -21.15%
Physics
London

Physics
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Physics across the City of London region as a proportion of the total demand within the Miscellaneous category.

Physics Jobs Demand Trend in the City of London

Physics
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Physics across the City of London region.

Physics Daily Rate Trend in the City of London

Physics
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Physics across the City of London region over the 3 months to 23 July 2014.

Physics Daily Rate Histogram in the City of London

Physics
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Physics across the City of London region.

Physics Hourly Rate Trend in the City of London

Physics
Top 30 Related IT Skills in the City of London

For the 6 months to 23 July 2014, IT contractor jobs across the City of London region citing Physics also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Physics.

1 17 (89.47%) Mathematics
2 10 (52.63%) Degree
2 10 (52.63%) Computer Science
3 8 (42.11%) Java
4 7 (36.84%) SQL
5 6 (31.58%) C++
6 5 (26.32%) OO
6 5 (26.32%) Front Office
6 5 (26.32%) Python
6 5 (26.32%) PhD
6 5 (26.32%) Multithreading
6 5 (26.32%) Big Data
7 4 (21.05%) Hadoop
7 4 (21.05%) Low Latency
7 4 (21.05%) Finance
7 4 (21.05%) Statistics
7 4 (21.05%) Foreign Exchange (FX)
7 4 (21.05%) JavaScript
8 3 (15.79%) VBA
8 3 (15.79%) Banking
8 3 (15.79%) Data Analysis
8 3 (15.79%) DevOps
8 3 (15.79%) Analytics
8 3 (15.79%) Apache Pig
8 3 (15.79%) Scala
8 3 (15.79%) Open Source
8 3 (15.79%) MongoDB
8 3 (15.79%) R
9 2 (10.53%) Apache Cassandra
9 2 (10.53%) Game Development

Physics
Top Related IT Skills in the City of London by Category

For the 6 months to 23 July 2014, IT contractor jobs across the City of London region citing Physics also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Physics. Up to 20 skills are shown per category.

Application Platforms
1 3 (15.79%) Apache Pig
2 1 (5.26%) SAS
Applications
1 1 (5.26%) S-PLUS
Cloud Services
1 2 (10.53%) PaaS
Communications & Networking
1 2 (10.53%) TCP/IP
2 1 (5.26%) Internet
Database & Business Intelligence
1 5 (26.32%) Big Data
2 4 (21.05%) Hadoop
3 3 (15.79%) MongoDB
4 2 (10.53%) Apache Cassandra
4 2 (10.53%) Apache Hive
4 2 (10.53%) PostgreSQL
5 1 (5.26%) KDB
5 1 (5.26%) HBase
5 1 (5.26%) Mahout
5 1 (5.26%) Data Mining
Development Applications
1 2 (10.53%) Git (software)
1 2 (10.53%) Grunt
General
1 5 (26.32%) Front Office
2 4 (21.05%) Finance
3 3 (15.79%) Banking
4 2 (10.53%) Investment Banking
4 2 (10.53%) Marketing
4 2 (10.53%) Games
5 1 (5.26%) Back Office
Job Titles
1 11 (57.89%) Developer
2 5 (26.32%) Analyst
2 5 (26.32%) Quantitative Analyst
3 3 (15.79%) Senior Developer
4 2 (10.53%) Java Developer
4 2 (10.53%) C++ Developer
4 2 (10.53%) Python Developer
4 2 (10.53%) Front-End Developer
4 2 (10.53%) WPF Developer
4 2 (10.53%) Data Scientist
5 1 (5.26%) C++ Quantitative Developer
5 1 (5.26%) Senior C++ Developer
5 1 (5.26%) Research Analyst
5 1 (5.26%) GUI Developer
5 1 (5.26%) Java Swing Developer
5 1 (5.26%) Analyst Developer
5 1 (5.26%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 2 (10.53%) HTML
1 2 (10.53%) XML
1 2 (10.53%) Middleware
1 2 (10.53%) WPF
1 2 (10.53%) LINQ
1 2 (10.53%) RESTful
1 2 (10.53%) HTML5
1 2 (10.53%) Reactive Extensions
1 2 (10.53%) Backbone.js
2 1 (5.26%) Sass
2 1 (5.26%) MapReduce
2 1 (5.26%) Swing
2 1 (5.26%) .NET
2 1 (5.26%) STL
Miscellaneous
1 17 (89.47%) Mathematics
2 10 (52.63%) Computer Science
3 4 (21.05%) Foreign Exchange (FX)
3 4 (21.05%) Statistics
4 3 (15.79%) Open Source
5 2 (10.53%) Fixed Income
5 2 (10.53%) Social Network
6 1 (5.26%) Market Risk
6 1 (5.26%) RIA
6 1 (5.26%) Visualisation
6 1 (5.26%) Neural Network
6 1 (5.26%) Economics
6 1 (5.26%) Hedge funds
Operating Systems
1 2 (10.53%) UNIX
1 2 (10.53%) Linux
Processes & Methodologies
1 5 (26.32%) OO
1 5 (26.32%) Multithreading
2 4 (21.05%) Low Latency
3 3 (15.79%) DevOps
3 3 (15.79%) Analytics
3 3 (15.79%) Data Analysis
4 2 (10.53%) Algorithmic Trading
4 2 (10.53%) E-Commerce
4 2 (10.53%) SOA
4 2 (10.53%) MVC
4 2 (10.53%) Risk Management
4 2 (10.53%) Electronic Trading
4 2 (10.53%) Monte Carlo Method
4 2 (10.53%) Game Development
4 2 (10.53%) Responsive Web Design
5 1 (5.26%) Customer Insight
5 1 (5.26%) Machine Learning
5 1 (5.26%) Regression Analysis
5 1 (5.26%) OOD
5 1 (5.26%) UML
Programming Languages
1 8 (42.11%) Java
2 7 (36.84%) SQL
3 6 (31.58%) C++
4 5 (26.32%) Python
5 4 (21.05%) JavaScript
6 3 (15.79%) VBA
6 3 (15.79%) Scala
6 3 (15.79%) R
7 2 (10.53%) Erlang
7 2 (10.53%) C
7 2 (10.53%) C#
8 1 (5.26%) MATLAB
Qualifications
1 10 (52.63%) Degree
2 5 (26.32%) PhD
Quality Assurance & Compliance
1 1 (5.26%) Basel II
1 1 (5.26%) QA
1 1 (5.26%) Solvency II
Systems Management
1 2 (10.53%) Vagrant
1 2 (10.53%) Opscode Chef
2 1 (5.26%) ITRS Geneos
Vendors
1 1 (5.26%) Oracle
1 1 (5.26%) Splunk