The table below looks at the prevalence of the term Contract for Difference in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Contract for Difference (CFD)
Rank 568 554 548
Rank change year-on-year
-14 -6
Contract jobs citing Contract for Difference 18 1 7
As % of all contract IT jobs located in England 0.036% 0.002% 0.016%
As % of the Miscellaneous category 0.11% 0.006% 0.046%
Number of daily rates quoted 17 1 4
Average daily rate
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£725 £275 £500
Average daily rate % change year-on-year
+163.63% -45.00%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Contract for Difference
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the England region.

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
16131 15568 15145
As % of all contract IT jobs located in England 31.83% 32.51% 33.94%
Number of daily rates quoted 10260 9669 9171
Average daily rate £420 £411 £425
Average daily rate % change year-on-year
+2.18% -3.29%
90% offered a daily rate of more than £250 £240 £250
10% offered a daily rate of more than £615 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 594 600 658
Average hourly rate £18.71 £21.00 £22.50
Average hourly rate % change year-on-year
-10.90% -6.66%
90% offered a hourly rate of more than £12.25 £12.50 £12.80
10% offered a hourly rate of more than £45.00 £42.50 £44.60
UK excluding London average hourly rate £19.00 £22.50 £20.50
% change year-on-year
-15.55% +9.75%

Contract for Difference
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Contract for Difference across the England region as a proportion of the total demand within the Miscellaneous category.

Contract for Difference Jobs Demand Trend in England

Contract for Difference
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Contract for Difference across the England region.

Contract for Difference Daily Rate Trend in England

Contract for Difference
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Contract for Difference across the England region over the 3 months to 3 July 2015.

Contract for Difference Daily Rate Histogram in England

Contract for Difference
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Contract for Difference across the England region.

Contract for Difference Hourly Rate Trend in England

Contract for Difference
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Contract for Difference within the England region over the 3 months to 3 July 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +5 18 £725 +163.63% 7
Contract for Difference
UK

Contract for Difference
Top 30 Related IT Skills in England

For the 6 months to 3 July 2015, IT contractor jobs across the England region citing Contract for Difference 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 Contract for Difference.

1 28 (80.00%) Finance
2 26 (74.29%) Equities
3 19 (54.29%) Analytical Skills
4 18 (51.43%) Derivative
5 17 (48.57%) Banking
5 17 (48.57%) Investment Banking
6 14 (40.00%) Project Management
7 13 (37.14%) Foreign Exchange (FX)
7 13 (37.14%) Back Office
8 12 (34.29%) Fixed Income
9 11 (31.43%) Business Analysis
10 9 (25.71%) Stakeholder Management
11 8 (22.86%) Data Cleansing
11 8 (22.86%) Enterprise Data Management
11 8 (22.86%) Data Management
11 8 (22.86%) Data Governance
11 8 (22.86%) Markit EDM
11 8 (22.86%) Master Data Management
12 7 (20.00%) User Acceptance Testing
12 7 (20.00%) Equity Derivative
12 7 (20.00%) Microsoft
13 6 (17.14%) Risk Management
13 6 (17.14%) MS Excel
14 5 (14.29%) Business Objects
14 5 (14.29%) Data Warehouse
14 5 (14.29%) Workflow
14 5 (14.29%) Calypso
14 5 (14.29%) Business Intelligence
14 5 (14.29%) IT Governance
14 5 (14.29%) Degree

Contract for Difference
Top Related IT Skills in England by Category

For the 6 months to 3 July 2015, IT contractor jobs across the England region citing Contract for Difference 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 Contract for Difference. Up to 20 skills are shown per category.

Application Platforms
1 2 (5.71%) CMS
2 1 (2.86%) SharePoint
Applications
1 6 (17.14%) MS Excel
2 1 (2.86%) MS PowerPoint
2 1 (2.86%) Photoshop
2 1 (2.86%) MS Office
Business Applications
1 8 (22.86%) Markit EDM
Communications & Networking
1 1 (2.86%) DHCP
1 1 (2.86%) TCP/IP
1 1 (2.86%) DNS
1 1 (2.86%) Network Security
Database & Business Intelligence
1 5 (14.29%) Data Warehouse
2 2 (5.71%) BusinessObjects
General
1 28 (80.00%) Finance
2 17 (48.57%) Banking
2 17 (48.57%) Investment Banking
3 13 (37.14%) Back Office
4 5 (14.29%) General Ledger
Job Titles
1 25 (71.43%) Analyst
1 25 (71.43%) Business Analyst
2 9 (25.71%) Developer
2 9 (25.71%) Lead Business Analyst
3 1 (2.86%) Equity Derivatives Business Analyst
3 1 (2.86%) Front-End Developer
3 1 (2.86%) IT Support
3 1 (2.86%) Designer
3 1 (2.86%) Systems Analyst
3 1 (2.86%) Web Developer
3 1 (2.86%) Senior Business Analyst
3 1 (2.86%) Senior Analyst
3 1 (2.86%) Web Designer
3 1 (2.86%) Support Manager
3 1 (2.86%) IT Support Manager
3 1 (2.86%) Financial Business Analyst
3 1 (2.86%) Photoshop Designer
3 1 (2.86%) Investment Banking Business Analyst
3 1 (2.86%) Financial Services Business Analyst
Libraries, Frameworks & Software Standards
1 1 (2.86%) HTML
1 1 (2.86%) CSS
1 1 (2.86%) XHTML
1 1 (2.86%) jQuery
1 1 (2.86%) Twitter Bootstrap
Miscellaneous
1 26 (74.29%) Equities
2 19 (54.29%) Analytical Skills
3 18 (51.43%) Derivative
4 13 (37.14%) Foreign Exchange (FX)
5 12 (34.29%) Fixed Income
6 7 (20.00%) Equity Derivative
7 5 (14.29%) Management Information System
7 5 (14.29%) Swaptions
8 2 (5.71%) Spread Betting
8 2 (5.71%) User Experience
9 1 (2.86%) Data Centre
9 1 (2.86%) Credit Risk
Operating Systems
1 1 (2.86%) Windows
Processes & Methodologies
1 14 (40.00%) Project Management
2 11 (31.43%) Business Analysis
3 9 (25.71%) Stakeholder Management
4 8 (22.86%) Data Management
4 8 (22.86%) Enterprise Data Management
4 8 (22.86%) Data Cleansing
4 8 (22.86%) Data Governance
4 8 (22.86%) Master Data Management
5 7 (20.00%) User Acceptance Testing
6 6 (17.14%) Risk Management
7 5 (14.29%) Workflow
7 5 (14.29%) Business Intelligence
7 5 (14.29%) Data Analysis
7 5 (14.29%) Cost-Benefit Analysis
7 5 (14.29%) IT Governance
7 5 (14.29%) Technical Analysis
8 4 (11.43%) Mentoring
9 1 (2.86%) Data Centre Operations
9 1 (2.86%) Web Development
9 1 (2.86%) Business Transformation
Programming Languages
1 1 (2.86%) JavaScript
1 1 (2.86%) SQL
Qualifications
1 5 (14.29%) Degree
Quality Assurance & Compliance
1 5 (14.29%) EMIR
1 5 (14.29%) Dodd-Frank
1 5 (14.29%) COREP
2 4 (11.43%) CRD IV
3 1 (2.86%) Basel III
System Software
1 1 (2.86%) Active Directory
1 1 (2.86%) ISA Server
Vendors
1 7 (20.00%) Microsoft
2 5 (14.29%) Calypso
2 5 (14.29%) Business Objects
3 2 (5.71%) SAP
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