The first table below looks at the demand for knowledge and experience of PolarLake products and/or services 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 PolarLake over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within PolarLake Limited.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
PolarLake
Rank 200 217 -
Rank change year-on-year
+17 -
Contract jobs citing PolarLake 3 1 0
As % of all contract IT jobs located in the City of London 0.047% 0.013% -
As % of the Vendors category 0.104% 0.030% -
Number of daily rates quoted 1 1 0
Average daily rate £500 £400 -
Average daily rate % change year-on-year
+25.00% -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
City of London
Contract IT job ads with a match in the
Vendors category
2893 3319 4124
As % of all contract IT jobs located in the City of London 45.35% 42.20% 42.10%
Number of daily rates quoted 2051 2268 2847
Average daily rate £431 £425 £489
Average daily rate % change year-on-year
+1.47% -13.04%
90% offered a daily rate of more than £275 £285 £300
10% offered a daily rate of more than £575 £600 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 102 101 131
Average hourly rate £23.00 £20.00 £21.45
Average hourly rate % change year-on-year
+15.00% -6.75%
90% offered a hourly rate of more than £11.70 £12.50 £13.54
10% offered a hourly rate of more than £93.00 £39.00 £43.50
UK excluding London average hourly rate £19.00 £19.00 £20.00
% change year-on-year
- -5.00%
PolarLake
London

PolarLake
Jobs Demand Trend

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

City of London PolarLake Jobs Demand Trend

PolarLake
Daily Rate Trend

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

City of London PolarLake Daily Rate Trend

PolarLake
Top 8 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the City of London region citing PolarLake 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 PolarLake.

1 3 (100.00%) Oracle
1 3 (100.00%) Middleware
1 3 (100.00%) Bloomberg
1 3 (100.00%) Oracle EBS
1 3 (100.00%) Finance
1 3 (100.00%) Data Management
1 3 (100.00%) Enterprise Data Management
2 1 (33.33%) ESB

PolarLake
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the City of London region citing PolarLake 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 PolarLake. Up to 20 skills are shown per category.

Application Development
1 3 (100.00%) Middleware
Application Platforms
1 1 (33.33%) ESB
Business Applications
1 3 (100.00%) Oracle EBS
General
1 3 (100.00%) Finance
Processes & Methodologies
1 3 (100.00%) Data Management
1 3 (100.00%) Enterprise Data Management
Vendors
1 3 (100.00%) Oracle
1 3 (100.00%) Bloomberg