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 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 Thunderhead Limited.

Location
3 months to
24 Apr 2014
Same period 2013 Same period 2012
Thunderhead
Rank 196 195 219
Rank change year-on-year
-1 +24
Contract jobs citing Thunderhead 8 10 1
As % of all contract IT jobs located in the City of London 0.13% 0.16% 0.012%
As % of the Vendors category 0.29% 0.36% 0.030%
Number of daily rates quoted 8 8 1
Average daily rate £538 £438 £650
Average daily rate % change year-on-year
+22.85% -32.69%
UK excluding London average daily rate £425 - £400
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
2758 2795 3305
As % of all contract IT jobs located in the City of London 44.31% 44.53% 41.11%
Number of daily rates quoted 1951 1972 2224
Average daily rate £425 £430 £425
Average daily rate % change year-on-year
-1.16% +1.17%
90% offered a daily rate of more than £240 £265 £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 49 75 95
Average hourly rate £22.00 £22.00 £20.00
Average hourly rate % change year-on-year
- +10.00%
90% offered a hourly rate of more than £13.00 £12.00 £12.50
10% offered a hourly rate of more than £33.52 £135.00 £40.00
UK excluding London average hourly rate £17.50 £19.00 £19.00
% change year-on-year
-7.89% -
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 30 Related IT Skills in the City of London

For the 6 months to 24 April 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 6 (50.00%) Banking
2 5 (41.67%) Derivative
2 5 (41.67%) XML
3 4 (33.33%) SQL
3 4 (33.33%) Finance
3 4 (33.33%) Equities
3 4 (33.33%) Investment Banking
4 3 (25.00%) EMIR
4 3 (25.00%) Foreign Exchange (FX)
4 3 (25.00%) XSL
5 2 (16.67%) VBA
5 2 (16.67%) Business Analysis
5 2 (16.67%) DTCC
6 1 (8.33%) User Acceptance Testing
6 1 (8.33%) Manual Testing
6 1 (8.33%) SWIFT
6 1 (8.33%) Root Cause Analysis
6 1 (8.33%) Capacity Management
6 1 (8.33%) Data Analysis
6 1 (8.33%) Dodd-Frank
6 1 (8.33%) Oracle
6 1 (8.33%) Business Objects
6 1 (8.33%) Windows Server 2003
6 1 (8.33%) Tivoli
6 1 (8.33%) ITIL
6 1 (8.33%) UNIX
6 1 (8.33%) Windows
6 1 (8.33%) Solaris
6 1 (8.33%) Windows XP
6 1 (8.33%) XML Schema

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

For the 6 months to 24 April 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 6 (50.00%) Banking
2 4 (33.33%) Investment Banking
2 4 (33.33%) Finance
3 1 (8.33%) Legal
3 1 (8.33%) Back Office
Job Titles
1 8 (66.67%) Analyst
1 8 (66.67%) Business Analyst
2 4 (33.33%) Developer
3 1 (8.33%) Desktop Support
3 1 (8.33%) Test Manager
3 1 (8.33%) Business Developer
3 1 (8.33%) Applications Support
3 1 (8.33%) 3rd Line Support
3 1 (8.33%) Technical Analyst
3 1 (8.33%) Analyst Developer
3 1 (8.33%) Developer Analyst
3 1 (8.33%) Technical Business Analyst
3 1 (8.33%) Banking Business Analyst
3 1 (8.33%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 5 (41.67%) XML
2 3 (25.00%) XSL
3 1 (8.33%) XML Schema
3 1 (8.33%) XML Messaging
Miscellaneous
1 5 (41.67%) Derivative
2 4 (33.33%) Equities
3 3 (25.00%) Foreign Exchange (FX)
4 2 (16.67%) DTCC
5 1 (8.33%) SWIFT
5 1 (8.33%) Fixed Income
Operating Systems
1 1 (8.33%) UNIX
1 1 (8.33%) Windows
1 1 (8.33%) Solaris
1 1 (8.33%) Windows XP
1 1 (8.33%) Windows Server 2003
Processes & Methodologies
1 2 (16.67%) Business Analysis
2 1 (8.33%) User Acceptance Testing
2 1 (8.33%) Manual Testing
2 1 (8.33%) Root Cause Analysis
2 1 (8.33%) Capacity Management
2 1 (8.33%) ITIL
2 1 (8.33%) Service Management
2 1 (8.33%) ITSM
2 1 (8.33%) Data Analysis
Programming Languages
1 4 (33.33%) SQL
2 2 (16.67%) VBA
Quality Assurance & Compliance
1 3 (25.00%) EMIR
2 1 (8.33%) Dodd-Frank
Systems Management
1 1 (8.33%) Tivoli
Vendors
1 1 (8.33%) Oracle
1 1 (8.33%) Business Objects