The table below looks at the statistics for RAD skills 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 RAD over the 3 months to 27 April 2015 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
27 Apr 2015
Same period 2014 Same period 2013
Rapid Application Development (RAD)
Rank 170 183 157
Rank change year-on-year
+13 -26
Contract jobs citing RAD 29 24 49
As % of all contract IT jobs located in the City of London 0.53% 0.39% 0.78%
As % of the Processes & Methodologies category 0.68% 0.50% 1.02%
Number of daily rates quoted 24 13 33
Average daily rate
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£544 £500 £501
Average daily rate % change year-on-year
+8.75% -0.09%
90% offered a daily rate of more than £423 £430 £400
10% offered a daily rate of more than £579 £545 £575
UK excluding London average daily rate £398 £381 £375
% change year-on-year
+4.39% +1.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £40.00 £46.00 £27.48
% change year-on-year
-13.04% +67.39%
RAD
London

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4236 4781 4794
As % of all contract IT jobs located in the City of London 77.85% 77.06% 76.37%
Number of daily rates quoted 3291 3511 3645
Average daily rate £470 £450 £450
Average daily rate % change year-on-year
+4.44% -
90% offered a daily rate of more than £325 £300 £313
10% offered a daily rate of more than £613 £625 £600
UK excluding London average daily rate £390 £375 £362
% change year-on-year
+4.00% +3.73%
Number of hourly rates quoted 36 45 51
Average hourly rate £27.37 £25.00 £72.50
Average hourly rate % change year-on-year
+9.48% -65.51%
90% offered a hourly rate of more than £13.50 £13.00 £17.50
10% offered a hourly rate of more than £92.50 £47.50 £135.00
UK excluding London average hourly rate £30.20 £31.00 £32.00
% change year-on-year
-2.58% -3.12%

RAD
Jobs Demand Trend in the City of London

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

RAD Jobs Demand Trend in the City of London

RAD
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 RAD across the City of London region.

RAD Daily Rate Trend in the City of London

RAD
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing RAD across the City of London region over the 3 months to 27 April 2015.

RAD Daily Rate Histogram in the City of London

RAD
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 RAD across the City of London region.

RAD Hourly Rate Trend in the City of London

RAD
Top 30 Related IT Skills in the City of London

For the 6 months to 27 April 2015, IT contractor jobs across the City of London region citing RAD 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 RAD.

1 37 (57.81%) VBA
2 30 (46.88%) Front Office
3 25 (39.06%) Agile Software Development
3 25 (39.06%) Banking
4 23 (35.94%) Finance
4 23 (35.94%) SQL
5 21 (32.81%) Derivative
6 19 (29.69%) Java
7 17 (26.56%) SQL Server
8 16 (25.00%) .NET
9 15 (23.44%) C#
10 14 (21.88%) Python
10 14 (21.88%) Equity Derivative
11 12 (18.75%) Degree
11 12 (18.75%) Waterfall
12 11 (17.19%) Investment Banking
13 10 (15.63%) MS Excel
13 10 (15.63%) Microsoft
14 9 (14.06%) Oracle
14 9 (14.06%) JavaScript
14 9 (14.06%) Equities
15 8 (12.50%) HTML
15 8 (12.50%) XML
16 7 (10.94%) C++
16 7 (10.94%) Analytical Skills
17 6 (9.38%) Spreadsheet
17 6 (9.38%) SQL Server 2008
17 6 (9.38%) Business Analysis
18 5 (7.81%) SQL Server 2005
18 5 (7.81%) Migration

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

For the 6 months to 27 April 2015, IT contractor jobs across the City of London region citing RAD 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 RAD. Up to 20 skills are shown per category.

Application Platforms
1 2 (3.13%) WebLogic
2 1 (1.56%) SharePoint
2 1 (1.56%) Oracle Application Server
2 1 (1.56%) WebSphere
2 1 (1.56%) SharePoint 2010
2 1 (1.56%) Oracle SOA Suite
2 1 (1.56%) SharePoint 2013
Applications
1 10 (15.63%) MS Excel
2 6 (9.38%) Spreadsheet
3 3 (4.69%) MS Office
4 1 (1.56%) MS Project
4 1 (1.56%) MS Visio
4 1 (1.56%) InfoPath
Business Applications
1 1 (1.56%) Oracle BPM
Cloud Services
1 3 (4.69%) SaaS
Communications & Networking
1 1 (1.56%) ATM
Database & Business Intelligence
1 17 (26.56%) SQL Server
2 6 (9.38%) SQL Server 2008
3 5 (7.81%) Relational Database
3 5 (7.81%) SQL Server 2005
4 3 (4.69%) SQL Server Integration Services
4 3 (4.69%) MS Access
5 2 (3.13%) SQL Server Reporting Services
6 1 (1.56%) Oracle Database
6 1 (1.56%) Data Warehouse
6 1 (1.56%) DTS
6 1 (1.56%) RDBMS
6 1 (1.56%) Star Schema
6 1 (1.56%) Oracle Database 11g
6 1 (1.56%) DB2
Development Applications
1 2 (3.13%) Ant
1 2 (3.13%) Git (software)
2 1 (1.56%) Team Foundation Server
2 1 (1.56%) Rational Application Developer
2 1 (1.56%) CruiseControl
2 1 (1.56%) Maven
General
1 30 (46.88%) Front Office
2 25 (39.06%) Banking
3 23 (35.94%) Finance
4 11 (17.19%) Investment Banking
5 1 (1.56%) Retail Banking
5 1 (1.56%) French Language
5 1 (1.56%) Legal
5 1 (1.56%) Retail
Job Titles
1 41 (64.06%) Developer
2 15 (23.44%) RAD Developer
3 12 (18.75%) Excel Developer
3 12 (18.75%) VBA Developer
4 10 (15.63%) Senior Developer
5 7 (10.94%) Analyst
5 7 (10.94%) Senior VBA Developer
6 5 (7.81%) Excel VBA Developer
6 5 (7.81%) Project Manager
7 4 (6.25%) Front Office Developer
8 3 (4.69%) Spreadsheet Developer
8 3 (4.69%) Technical Leader
8 3 (4.69%) C# Developer
8 3 (4.69%) Business Analyst
8 3 (4.69%) Architect
8 3 (4.69%) Solutions Architect
8 3 (4.69%) Solutions Designer
8 3 (4.69%) Python Developer
8 3 (4.69%) Designer
8 3 (4.69%) SOA Architect
Libraries, Frameworks & Software Standards
1 16 (25.00%) .NET
2 8 (12.50%) XML
2 8 (12.50%) HTML
3 3 (4.69%) ASP.NET
3 3 (4.69%) CSS
4 2 (3.13%) Web Services
4 2 (3.13%) J2EE
4 2 (3.13%) WPF
4 2 (3.13%) jQuery
4 2 (3.13%) XSLT
4 2 (3.13%) AngularJS
4 2 (3.13%) HTML5
5 1 (1.56%) SciPy
5 1 (1.56%) NumPy
5 1 (1.56%) Entity Framework
5 1 (1.56%) Matplotlib
5 1 (1.56%) Pandas
5 1 (1.56%) Middleware
5 1 (1.56%) Oracle ADF
5 1 (1.56%) Hibernate
Miscellaneous
1 21 (32.81%) Derivative
2 14 (21.88%) Equity Derivative
3 9 (14.06%) Equities
4 7 (10.94%) Analytical Skills
5 4 (6.25%) Hedge funds
6 3 (4.69%) Credit Derivative
6 3 (4.69%) Economics
6 3 (4.69%) Fixed Income
7 2 (3.13%) Foreign Exchange (FX)
8 1 (1.56%) Mathematics
8 1 (1.56%) Physics
8 1 (1.56%) Computer Science
8 1 (1.56%) Enterprise Software
8 1 (1.56%) Interest Rate Derivative
8 1 (1.56%) Algorithms
Operating Systems
1 4 (6.25%) Windows
2 3 (4.69%) Linux
3 1 (1.56%) UNIX
Processes & Methodologies
1 25 (39.06%) Agile Software Development
2 12 (18.75%) Waterfall
3 6 (9.38%) Business Analysis
4 5 (7.81%) Migration
4 5 (7.81%) OO
5 4 (6.25%) RUP
5 4 (6.25%) SOA
5 4 (6.25%) PRINCE2
5 4 (6.25%) Project Management
5 4 (6.25%) Scrum
5 4 (6.25%) TDD
5 4 (6.25%) BDD
5 4 (6.25%) Data Migration
6 3 (4.69%) Technical Architecture
6 3 (4.69%) Use Case
6 3 (4.69%) MVC
6 3 (4.69%) Validation
6 3 (4.69%) Change Management
6 3 (4.69%) ETL
6 3 (4.69%) PRINCE
Programming Languages
1 37 (57.81%) VBA
2 23 (35.94%) SQL
3 19 (29.69%) Java
4 15 (23.44%) C#
5 14 (21.88%) Python
6 9 (14.06%) JavaScript
7 7 (10.94%) C++
8 5 (7.81%) T-SQL
9 3 (4.69%) VB.NET
10 2 (3.13%) PHP
10 2 (3.13%) Cython
10 2 (3.13%) Go
11 1 (1.56%) IPython
11 1 (1.56%) C
11 1 (1.56%) Ada
Qualifications
1 12 (18.75%) Degree
2 2 (3.13%) PMP
2 2 (3.13%) PMI Certification
2 2 (3.13%) Security Cleared
3 1 (1.56%) PRINCE2 Certification
3 1 (1.56%) SC Cleared
3 1 (1.56%) DV Cleared
Vendors
1 10 (15.63%) Microsoft
2 9 (14.06%) Oracle
3 3 (4.69%) SAP
4 2 (3.13%) Sybase
5 1 (1.56%) Progress
5 1 (1.56%) IBM
5 1 (1.56%) Bloomberg
5 1 (1.56%) Wall Street Systems
5 1 (1.56%) Tableau
City of London
Real Staffing
Rate: £50000 - £65000 per annum + competitive
Posted: 4 hours ago