The 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 26 November 2014 with a comparison to the same period in the previous 2 years.

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
26 Nov 2014
Same period 2013 Same period 2012
Physics
Rank 196 211 198
Rank change year-on-year
+15 -13
Contract jobs citing Physics 7 17 14
As % of all contract IT jobs located in the City of London 0.12% 0.24% 0.22%
As % of the Miscellaneous category 0.35% 0.62% 0.59%
Number of daily rates quoted 7 15 13
Average daily rate
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of your Daily Rate
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£650 £600 £525
Average daily rate % change year-on-year
+8.33% +14.28%
90% offered a daily rate of more than £590 £250 £460
10% offered a daily rate of more than £675 £650 £590
UK excluding London average daily rate £368 £275 £375
% change year-on-year
+33.63% -26.66%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £34.50
UK excluding London average hourly rate £45.43 £30.00 £40.00
% change year-on-year
+51.43% -25.00%
Physics
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2027 2725 2376
As % of all contract IT jobs located in the City of London 35.56% 38.48% 36.64%
Number of daily rates quoted 1584 2039 1775
Average daily rate £450 £475 £488
Average daily rate % change year-on-year
-5.26% -2.56%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £650 £632 £650
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 34 48 61
Average hourly rate £15.00 £20.00 £22.50
Average hourly rate % change year-on-year
-25.00% -11.11%
90% offered a hourly rate of more than £11.50 £13.67 £12.50
10% offered a hourly rate of more than £22.55 £41.53 £39.50
UK excluding London average hourly rate £17.25 £19.00 £20.00
% change year-on-year
-9.21% -5.00%

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
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 26 November 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 14 (87.50%) Mathematics
2 9 (56.25%) Computer Science
3 8 (50.00%) Degree
3 8 (50.00%) Low Latency
4 6 (37.50%) Multithreading
4 6 (37.50%) C#
4 6 (37.50%) C++
5 5 (31.25%) OO
6 4 (25.00%) Foreign Exchange (FX)
6 4 (25.00%) Front Office
6 4 (25.00%) Windows
6 4 (25.00%) Linux
6 4 (25.00%) Algorithmic Trading
6 4 (25.00%) WPF
6 4 (25.00%) Risk Management
6 4 (25.00%) Finance
6 4 (25.00%) Analytical Skills
7 3 (18.75%) Analytics
7 3 (18.75%) Reactive Extensions
7 3 (18.75%) HTML5
7 3 (18.75%) LINQ
7 3 (18.75%) Banking
7 3 (18.75%) PhD
7 3 (18.75%) HTML
7 3 (18.75%) Java
7 3 (18.75%) SQL
7 3 (18.75%) .NET
7 3 (18.75%) Middleware
8 2 (12.50%) TCP/IP
8 2 (12.50%) MVC

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

For the 6 months to 26 November 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.

Applications
1 1 (6.25%) S-PLUS
Communications & Networking
1 2 (12.50%) TCP/IP
Database & Business Intelligence
1 1 (6.25%) Relational Database
1 1 (6.25%) KDB
1 1 (6.25%) Data Warehouse
1 1 (6.25%) OLAP
1 1 (6.25%) RDBMS
Development Applications
1 2 (12.50%) Git (software)
1 2 (12.50%) Grunt
2 1 (6.25%) TeamCity
General
1 4 (25.00%) Front Office
1 4 (25.00%) Finance
2 3 (18.75%) Banking
3 2 (12.50%) Games
4 1 (6.25%) Investment Banking
Job Titles
1 12 (75.00%) Developer
2 4 (25.00%) Quantitative Developer
3 3 (18.75%) WPF Developer
3 3 (18.75%) Senior Developer
4 2 (12.50%) Analyst
4 2 (12.50%) Quantitative Analyst
4 2 (12.50%) Java Developer
4 2 (12.50%) C++ Developer
4 2 (12.50%) Front-End Developer
4 2 (12.50%) C++ Quantitative Developer
4 2 (12.50%) Senior WPF Developer
5 1 (6.25%) Automation Engineer
5 1 (6.25%) C# Developer
5 1 (6.25%) C++ Software Engineer
5 1 (6.25%) Research Analyst
5 1 (6.25%) C++ Software Developer
5 1 (6.25%) Senior C++ Developer
5 1 (6.25%) GUI Developer
5 1 (6.25%) Java Swing Developer
5 1 (6.25%) Software Developer
Libraries, Frameworks & Software Standards
1 4 (25.00%) WPF
2 3 (18.75%) Reactive Extensions
2 3 (18.75%) HTML5
2 3 (18.75%) LINQ
2 3 (18.75%) HTML
2 3 (18.75%) .NET
2 3 (18.75%) Middleware
3 2 (12.50%) XML
3 2 (12.50%) FIX Protocol
3 2 (12.50%) Backbone.js
4 1 (6.25%) Sass
4 1 (6.25%) Swing
Miscellaneous
1 14 (87.50%) Mathematics
2 9 (56.25%) Computer Science
3 4 (25.00%) Foreign Exchange (FX)
3 4 (25.00%) Analytical Skills
4 2 (12.50%) Fixed Income
5 1 (6.25%) Grid Computing
5 1 (6.25%) Statistics
5 1 (6.25%) Client/Server
Operating Systems
1 4 (25.00%) Windows
1 4 (25.00%) Linux
2 2 (12.50%) UNIX
Processes & Methodologies
1 8 (50.00%) Low Latency
2 6 (37.50%) Multithreading
3 5 (31.25%) OO
4 4 (25.00%) Algorithmic Trading
4 4 (25.00%) Risk Management
5 3 (18.75%) Analytics
6 2 (12.50%) MVC
6 2 (12.50%) Software Engineering
6 2 (12.50%) Risk Assessment
6 2 (12.50%) Software Architecture
6 2 (12.50%) Game Development
6 2 (12.50%) Responsive Web Design
6 2 (12.50%) Risk Analytics
7 1 (6.25%) Probability Theory
7 1 (6.25%) Build Automation
7 1 (6.25%) Performance Tuning
7 1 (6.25%) Technical Analysis
7 1 (6.25%) Validation
7 1 (6.25%) Integration Testing
7 1 (6.25%) Continuous Integration
Programming Languages
1 6 (37.50%) C#
1 6 (37.50%) C++
2 3 (18.75%) Java
2 3 (18.75%) SQL
3 2 (12.50%) JavaScript
4 1 (6.25%) R
4 1 (6.25%) PL/SQL
4 1 (6.25%) VBA
4 1 (6.25%) Shell Script
4 1 (6.25%) Python
Qualifications
1 8 (50.00%) Degree
2 3 (18.75%) PhD
Quality Assurance & Compliance
1 1 (6.25%) Solvency II
1 1 (6.25%) Basel II
Vendors
1 1 (6.25%) DataSynapse