Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the demand for knowledge and experience of Reuters 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 Reuters over the 3 months to 12 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all Vendors for the City of London region.

 Reuters
Location
3 months to
12 Mar 2010
Same period 2009Same period 2008
Rank11510281
Rank change year-on-year
Down-13Down-21
Matching contract IT job ads10749127
As % of all contract IT jobs located in the City of London1.292 %1.198 %1.661 %
As % of the Vendors category2.963 %2.867 %3.588 %
Daily rates quoted822841
Average daily rate£525£405£450
Average daily rate % change year-on-year
+29.62 %-10.00 %
90% of contracts offered a daily rate of more than£250£244£275
10% of contracts offered a daily rate of more than£639£613£600
UK excluding London average daily rate£358£388£400
% change year-on-year
-7.740 %-3.120 %
Hourly rates quoted435
Average hourly rate£21.50£19.50£29.00
Average hourly rate % change year-on-year
+10.25 %-32.75 %
90% of contracts offered a hourly rate of more than£18.25£17.50£26.60
10% of contracts offered a hourly rate of more than£30.00£19.90£31.60
UK excluding London average hourly rate£21.25--
City of London IT Contractor Job Market, Vendors CategoryAll Vendors
City of London
Contract IT job ads with a match in the
Vendors category
361117093540
As % of all contract IT jobs located in the City of London43.61 %41.80 %46.30 %
Daily rates quoted22518551544
Average daily rate£475£401£475
Average daily rate % change year-on-year
+18.60 %-15.68 %
90% of contracts offered a daily rate of more than£300£265£275
10% of contracts offered a daily rate of more than£600£550£600
UK excluding London average daily rate£338£350£357
% change year-on-year
-3.570 %-2.000 %
Hourly rates quoted10152148
Average hourly rate£22.00£18.00£21.00
Average hourly rate % change year-on-year
+22.22 %-14.28 %
90% of contracts offered a hourly rate of more than£13.50£14.50£14.15
10% of contracts offered a hourly rate of more than£50.00£35.00£35.00
UK excluding London average hourly rate£18.88£21.50£20.00
% change year-on-year
-12.20 %+7.500 %
Reuters LondonReuters
London

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.

These figures represent the IT job market and are NOT representative of employment within Reuters Group PLC.

Reuters
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Reuters across the City of London region as a proportion of the total demand within the Vendors category.

City of London Reuters Demand Trend

Reuters
Daily Rate Trend

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

City of London Reuters Daily Rate Trend

Reuters
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Reuters across the City of London region over the 3 months to 12 March 2010.

City of London Reuters Daily Rate Histogram

Reuters
Hourly Rate Trend

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

City of London Reuters Hourly Rate Trend

Reuters
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Reuters across the City of London region over the 3 months to 12 March 2010.

City of London Reuters Hourly Rate Histogram

Reuters
Top 30 Related IT Skills

For the 6 months to 12 March 2010, IT contractor jobs across the City of London region citing Reuters 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 Reuters.

1119 (67.23 %)Bloomberg
269 (38.98 %)Front Office
360 (33.90 %)Banking
456 (31.64 %)Finance
540 (22.60 %)Foreign Exchange (FX)
540 (22.60 %)SQL
639 (22.03 %)Investment Banking
736 (20.34 %)Java
736 (20.34 %)SQL Server
834 (19.21 %)UNIX
834 (19.21 %)MS Excel
933 (18.64 %)Windows
1032 (18.08 %)C#
1131 (17.51 %)Derivative
1229 (16.38 %)Back Office
1327 (15.25 %)Fixed Income
1327 (15.25 %)Rendezvous
1424 (13.56 %)RMDS
1523 (12.99 %)VBA
1622 (12.43 %)Linux
1720 (11.30 %)Microsoft
1720 (11.30 %)C++
1819 (10.73 %)MS Office
1819 (10.73 %)E-Commerce
1918 (10.17 %)TIBCO
1918 (10.17 %)Credit Derivative
2017 (9.605 %)Blackberry
2017 (9.605 %)Sybase
2017 (9.605 %)Oracle
2116 (9.040 %)Windows XP

Reuters
Top Related IT Skills by Category

For the 6 months to 12 March 2010, IT contractor jobs across the City of London region citing Reuters 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 Reuters. Up to 20 skills are shown per category.

City of London IT Contractor Job Market, Application Development CategoryApplication Development
115 (8.475 %).NET
28 (4.520 %)ASP.NET
37 (3.955 %)Web Services
46 (3.390 %)Middleware
46 (3.390 %)XML
46 (3.390 %)Spring
54 (2.260 %)J2SE
54 (2.260 %).NET Framework
63 (1.695 %)FIX Protocol
63 (1.695 %)Hibernate
63 (1.695 %)XSLT
63 (1.695 %)JMX
72 (1.130 %)HTML
72 (1.130 %)MFC
72 (1.130 %)AJAX
72 (1.130 %)WCF
72 (1.130 %)Velocity
81 (0.565 %)Application Packaging
81 (0.565 %)ASP.NET 2.0
81 (0.565 %)GWT
City of London IT Contractor Job Market, Application Platforms CategoryApplication Platforms
127 (15.25 %)Rendezvous
211 (6.215 %)MQSeries
36 (3.390 %)Lotus Notes
44 (2.260 %)SonicMQ
53 (1.695 %)Blackberry Enterprise Server
62 (1.130 %)MS Exchange
62 (1.130 %)Jetty
71 (0.565 %)MTS
71 (0.565 %)Site Server
City of London IT Contractor Job Market, Applications CategoryApplications
134 (19.21 %)MS Excel
219 (10.73 %)MS Office
37 (3.955 %)MS PowerPoint
37 (3.955 %)Spreadsheet
43 (1.695 %)MS Project
52 (1.130 %)MS Visio
City of London IT Contractor Job Market, Business Applications CategoryBusiness Applications
124 (13.56 %)RMDS
211 (6.215 %)3000 Xtra
34 (2.260 %)Kondor+
43 (1.695 %)FENICS FX
52 (1.130 %)Findur
52 (1.130 %)SAP CFM
52 (1.130 %)SunGard AvantGard
61 (0.565 %)Loan IQ
61 (0.565 %)Capstone
61 (0.565 %)Summit
61 (0.565 %)LongView
61 (0.565 %)ION MarketView
City of London IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
113 (7.345 %)Internet
27 (3.955 %)SSL
36 (3.390 %)LAN
36 (3.390 %)WAN
36 (3.390 %)TCP/IP
45 (2.825 %)DNS
45 (2.825 %)DHCP
54 (2.260 %)VoIP
63 (1.695 %)Firewall
63 (1.695 %)VPN
72 (1.130 %)Cisco ASA
72 (1.130 %)EIGRP
72 (1.130 %)PPP
72 (1.130 %)Cisco IOS
81 (0.565 %)Network Security
81 (0.565 %)Wireless
81 (0.565 %)IP Telephony
81 (0.565 %)SMS
City of London IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
136 (20.34 %)SQL Server
210 (5.650 %)SQL Server Integration Services
38 (4.520 %)SQL Server 2005
46 (3.390 %)SQL Server 2000
54 (2.260 %)DTS
62 (1.130 %)Reference Data
71 (0.565 %)Data Cleansing
City of London IT Contractor Job Market, Development Applications CategoryDevelopment Applications
16 (3.390 %)Team Foundation Server
16 (3.390 %)Log4Net
22 (1.130 %)JUnit
31 (0.565 %)FitNesse
31 (0.565 %)Ant
31 (0.565 %)Visual Studio
31 (0.565 %)InstallShield
31 (0.565 %)AdminStudio
City of London IT Contractor Job Market, General CategoryGeneral
169 (38.98 %)Front Office
260 (33.90 %)Banking
356 (31.64 %)Finance
439 (22.03 %)Investment Banking
529 (16.38 %)Back Office
616 (9.040 %)Publishing
75 (2.825 %)Education
84 (2.260 %)Financial Institution
92 (1.130 %)Electric
92 (1.130 %)Government
101 (0.565 %)Advertising
101 (0.565 %)Telecoms
City of London IT Contractor Job Market, Job Titles CategoryJob Titles
182 (46.33 %)Analyst
250 (28.25 %)Developer
333 (18.64 %)Support Analyst
427 (15.25 %)Business Analyst
517 (9.605 %)Java Developer
616 (9.040 %)C# Developer
715 (8.475 %)Data Analyst
715 (8.475 %)Desktop Support
813 (7.345 %)Market Analyst
912 (6.780 %)Market Data Analyst
109 (5.085 %)Project Manager
117 (3.955 %)Excel Developer
117 (3.955 %)Technical Analyst
117 (3.955 %)Support Engineer
117 (3.955 %)Audit Analyst
126 (3.390 %)VBA Developer
126 (3.390 %)Excel VBA Developer
135 (2.825 %)Applications Support
135 (2.825 %)Service Analyst
135 (2.825 %)Service Desk Analyst
City of London IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
140 (22.60 %)Foreign Exchange (FX)
231 (17.51 %)Derivative
327 (15.25 %)Fixed Income
418 (10.17 %)Credit Derivative
517 (9.605 %)Blackberry
66 (3.390 %)PDA
75 (2.825 %)Interest Rate Derivative
75 (2.825 %)Mathematics
84 (2.260 %)Data Extraction
84 (2.260 %)Client/Server
93 (1.695 %)Multithreading
93 (1.695 %)Market Risk
93 (1.695 %)DTCC
93 (1.695 %)Open Source
101 (0.565 %)Grid Computing
101 (0.565 %)Equities
101 (0.565 %)Handset
101 (0.565 %)Management Information System
City of London IT Contractor Job Market, Operating Systems CategoryOperating Systems
134 (19.21 %)UNIX
233 (18.64 %)Windows
322 (12.43 %)Linux
416 (9.040 %)Windows XP
59 (5.085 %)Solaris
65 (2.825 %)Windows 2000
74 (2.260 %)Windows Server 2003
74 (2.260 %)Windows Vista
82 (1.130 %)HPUX
91 (0.565 %)Windows NT
City of London IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
119 (10.73 %)E-Commerce
214 (7.910 %)Project Management
313 (7.345 %)Electronic Trading
412 (6.780 %)Migration
412 (6.780 %)Risk Management
412 (6.780 %)OO
510 (5.650 %)ITIL
68 (4.520 %)Business Analysis
77 (3.955 %)RAD
77 (3.955 %)Data Modelling
86 (3.390 %)Workflow
94 (2.260 %)Data Validation
94 (2.260 %)TDD
94 (2.260 %)Validation
94 (2.260 %)Data Analysis
103 (1.695 %)Continuous Integration
103 (1.695 %)Algorithmic Trading
103 (1.695 %)Release Management
103 (1.695 %)Asset Management
103 (1.695 %)PRINCE2
City of London IT Contractor Job Market, Programming Languages CategoryProgramming Languages
140 (22.60 %)SQL
236 (20.34 %)Java
332 (18.08 %)C#
423 (12.99 %)VBA
520 (11.30 %)C++
613 (7.345 %)Shell Script
79 (5.085 %)VB
88 (4.520 %)C
96 (3.390 %)Perl
103 (1.695 %)Tcl
112 (1.130 %)C-shell
112 (1.130 %)VC++
112 (1.130 %)JavaScript
112 (1.130 %)Korn
121 (0.565 %)PL/SQL
121 (0.565 %)VBScript
City of London IT Contractor Job Market, Qualifications CategoryQualifications
16 (3.390 %)Degree
25 (2.825 %)Microsoft Certification
34 (2.260 %)MCP
42 (1.130 %)Cisco Certification
42 (1.130 %)CCNP
42 (1.130 %)CCNA
42 (1.130 %)MCSE
42 (1.130 %)MOS
City of London IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
13 (1.695 %)SLA
21 (0.565 %)Sarbanes-Oxley
City of London IT Contractor Job Market, System Software CategorySystem Software
115 (8.475 %)Active Directory
22 (1.130 %)Citrix Presentation Server
31 (0.565 %)MetaFrame
City of London IT Contractor Job Market, Systems Management CategorySystems Management
12 (1.130 %)Systems Management Server (SMS)
12 (1.130 %)TIBCO Hawk
21 (0.565 %)MSI
City of London IT Contractor Job Market, Vendors CategoryVendors
1119 (67.23 %)Bloomberg
220 (11.30 %)Microsoft
318 (10.17 %)TIBCO
417 (9.605 %)Sybase
417 (9.605 %)Oracle
59 (5.085 %)Tradeweb
68 (4.520 %)Citrix
76 (3.390 %)HP
76 (3.390 %)Lotus
76 (3.390 %)ComponentOne
85 (2.825 %)Sun
85 (2.825 %)Charles River
94 (2.260 %)eSpeed
94 (2.260 %)Cisco
94 (2.260 %)Fidessa
103 (1.695 %)Portware
103 (1.695 %)Thomson Financial
103 (1.695 %)NYFIX
103 (1.695 %)Remedy
112 (1.130 %)IT2