The first table below looks at the demand for knowledge and experience of Thunderhead 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 Thunderhead over the 3 months to 24 July 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 Thunderhead Limited.

Location
3 months to
24 Jul 2014
Same period 2013 Same period 2012
Thunderhead
Rank 197 217 220
Rank change year-on-year
+20 +3
Contract jobs citing Thunderhead 1 5 1
As % of all contract IT jobs located in the City of London 0.017% 0.070% 0.013%
As % of the Vendors category 0.038% 0.15% 0.030%
Number of daily rates quoted 0 5 1
Average daily rate
Keep up to 90%
of your Daily Rate
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- £525 £550
Average daily rate % change year-on-year
- -4.54%
UK excluding London average daily rate £375 £525 -
% change year-on-year
-28.57% -
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
2609 3259 3368
As % of all contract IT jobs located in the City of London 44.36% 45.86% 43.12%
Number of daily rates quoted 1812 2277 2317
Average daily rate £425 £425 £425
90% offered a daily rate of more than £240 £275 £268
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 54 113 97
Average hourly rate £21.00 £22.50 £20.00
Average hourly rate % change year-on-year
-6.66% +12.50%
90% offered a hourly rate of more than £12.50 £12.00 £13.90
10% offered a hourly rate of more than £34.50 £57.00 £39.00
UK excluding London average hourly rate £17.50 £19.50 £19.21
% change year-on-year
-10.25% +1.50%
Thunderhead
London

Thunderhead
Jobs Demand Trend in the City of London

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

Thunderhead Jobs Demand Trend in the City of London

Thunderhead
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 Thunderhead across the City of London region.

Thunderhead Daily Rate Trend in the City of London

Thunderhead
Top 27 Related IT Skills in the City of London

For the 6 months to 24 July 2014, IT contractor jobs across the City of London region citing Thunderhead 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 Thunderhead.

1 5 (55.56%) Finance
1 5 (55.56%) Banking
2 4 (44.44%) Investment Banking
2 4 (44.44%) XML
3 3 (33.33%) XSL
3 3 (33.33%) Equities
3 3 (33.33%) Derivative
4 2 (22.22%) Business Analysis
4 2 (22.22%) User Acceptance Testing
4 2 (22.22%) EMIR
4 2 (22.22%) SQL
4 2 (22.22%) VBA
5 1 (11.11%) Business Objects
5 1 (11.11%) XML Schema
5 1 (11.11%) Foreign Exchange (FX)
5 1 (11.11%) Legal
5 1 (11.11%) XML Messaging
5 1 (11.11%) ISTQB Advanced Certification
5 1 (11.11%) Test Management
5 1 (11.11%) Test Scripting
5 1 (11.11%) Manual Testing
5 1 (11.11%) HP Quality Center
5 1 (11.11%) SWIFT
5 1 (11.11%) Retail
5 1 (11.11%) ISTQB
5 1 (11.11%) DTCC
5 1 (11.11%) Fund Management

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

For the 6 months to 24 July 2014, IT contractor jobs across the City of London region citing Thunderhead 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 Thunderhead. Up to 20 skills are shown per category.

General
1 5 (55.56%) Finance
1 5 (55.56%) Banking
2 4 (44.44%) Investment Banking
3 1 (11.11%) Legal
3 1 (11.11%) Retail
Job Titles
1 5 (55.56%) Business Analyst
1 5 (55.56%) Analyst
2 4 (44.44%) Developer
3 1 (11.11%) Technical Analyst
3 1 (11.11%) Analyst Developer
3 1 (11.11%) Developer Analyst
3 1 (11.11%) Test Manager
3 1 (11.11%) Business Developer
3 1 (11.11%) Test Leader
3 1 (11.11%) Technical Business Analyst
3 1 (11.11%) Banking Business Analyst
3 1 (11.11%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 4 (44.44%) XML
2 3 (33.33%) XSL
3 1 (11.11%) XML Schema
3 1 (11.11%) XML Messaging
Miscellaneous
1 3 (33.33%) Equities
1 3 (33.33%) Derivative
2 1 (11.11%) Foreign Exchange (FX)
2 1 (11.11%) SWIFT
2 1 (11.11%) DTCC
Processes & Methodologies
1 2 (22.22%) Business Analysis
1 2 (22.22%) User Acceptance Testing
2 1 (11.11%) Test Management
2 1 (11.11%) Test Scripting
2 1 (11.11%) Manual Testing
2 1 (11.11%) Fund Management
Programming Languages
1 2 (22.22%) SQL
1 2 (22.22%) VBA
Qualifications
1 1 (11.11%) ISTQB Advanced Certification
1 1 (11.11%) ISTQB
Quality Assurance & Compliance
1 2 (22.22%) EMIR
Systems Management
1 1 (11.11%) HP Quality Center
Vendors
1 1 (11.11%) Business Objects