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 16 April 2014 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
16 Apr 2014
Same period 2013 Same period 2012
PolarLake
Rank 214 203 218
Rank change year-on-year
-11 +15
Contract jobs citing PolarLake 1 2 3
As % of all contract IT jobs located in the City of London 0.015% 0.032% 0.037%
As % of the Vendors category 0.034% 0.071% 0.091%
Number of daily rates quoted 1 0 3
Average daily rate £950 - £625
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2923 2817 3314
As % of all contract IT jobs located in the City of London 44.11% 44.64% 40.93%
Number of daily rates quoted 2056 1989 2230
Average daily rate £425 £438 £425
Average daily rate % change year-on-year
-2.85% +2.94%
90% offered a daily rate of more than £240 £263 £280
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 52 76 98
Average hourly rate £21.00 £22.00 £20.00
Average hourly rate % change year-on-year
-4.54% +10.00%
90% offered a hourly rate of more than £13.35 £12.20 £12.50
10% offered a hourly rate of more than £33.18 £135.00 £40.20
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%
PolarLake
London

PolarLake
Jobs Demand Trend in the City of London

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.

PolarLake Jobs Demand Trend in the City of London

PolarLake
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 PolarLake across the City of London region.

PolarLake Daily Rate Trend in the City of London

PolarLake
Top 9 Related IT Skills in the City of London

For the 6 months to 16 April 2014, 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 1 (100.00%) Oracle
1 1 (100.00%) PRINCE2
1 1 (100.00%) Middleware
1 1 (100.00%) Bloomberg
1 1 (100.00%) Project Management
1 1 (100.00%) Finance
1 1 (100.00%) Manufacturing
1 1 (100.00%) Logistics
1 1 (100.00%) Triple Point

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

For the 6 months to 16 April 2014, 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.

General
1 1 (100.00%) Finance
1 1 (100.00%) Manufacturing
Job Titles
1 1 (100.00%) Programme Manager
1 1 (100.00%) Change Manager
Libraries, Frameworks & Software Standards
1 1 (100.00%) Middleware
Processes & Methodologies
1 1 (100.00%) PRINCE2
1 1 (100.00%) Project Management
1 1 (100.00%) Logistics
Vendors
1 1 (100.00%) Oracle
1 1 (100.00%) Bloomberg
1 1 (100.00%) Triple Point