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 2 March 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
2 Mar 2015
Same period 2014 Same period 2013
Contract for Difference (CFD)
Rank 555 529 506
Rank change year-on-year
-26 -23
Contract jobs citing Contract for Difference 14 10 13
As % of all contract IT jobs located in England 0.029% 0.021% 0.032%
As % of the Miscellaneous category 0.096% 0.068% 0.10%
Number of daily rates quoted 11 7 13
Average daily rate
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£700 £425 £550
Average daily rate % change year-on-year
+64.70% -22.72%
UK excluding London average daily rate - - £550
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
14509 14618 12720
As % of all contract IT jobs located in England 30.42% 31.41% 31.25%
Number of daily rates quoted 9039 9043 7775
Average daily rate £425 £413 £425
Average daily rate % change year-on-year
+3.03% -2.94%
90% offered a daily rate of more than £250 £231 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 555 596 717
Average hourly rate £19.00 £21.00 £20.25
Average hourly rate % change year-on-year
-9.52% +3.70%
90% offered a hourly rate of more than £11.50 £11.93 £11.50
10% offered a hourly rate of more than £45.00 £42.50 £40.00
UK excluding London average hourly rate £18.50 £18.32 £20.00
% change year-on-year
+0.98% -8.40%

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 2 March 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 2 March 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 +11 14 £700 +64.70% 3
Contract for Difference
UK

Contract for Difference
Top 30 Related IT Skills in England

For the 6 months to 2 March 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 16 (64.00%) Finance
2 15 (60.00%) Project Management
3 13 (52.00%) Foreign Exchange (FX)
3 13 (52.00%) Back Office
3 13 (52.00%) Equities
3 13 (52.00%) Analytical Skills
4 12 (48.00%) Data Cleansing
4 12 (48.00%) Data Governance
4 12 (48.00%) Markit EDM
4 12 (48.00%) Master Data Management
4 12 (48.00%) Data Management
5 9 (36.00%) Enterprise Data Management
6 5 (20.00%) Linux
7 4 (16.00%) PRINCE2
7 4 (16.00%) Change Management
7 4 (16.00%) Spread Betting
8 3 (12.00%) Bash Shell
8 3 (12.00%) LXC
8 3 (12.00%) Performance Monitoring
8 3 (12.00%) EMIR
8 3 (12.00%) Dodd-Frank
8 3 (12.00%) Docker
8 3 (12.00%) InfiniBand
8 3 (12.00%) Line Management
8 3 (12.00%) Management Information System
8 3 (12.00%) Workflow
8 3 (12.00%) Calypso
8 3 (12.00%) UNIX
8 3 (12.00%) Python
8 3 (12.00%) NFS

Contract for Difference
Top Related IT Skills in England by Category

For the 6 months to 2 March 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 1 (4.00%) CMS
Applications
1 1 (4.00%) Photoshop
Business Applications
1 12 (48.00%) Markit EDM
Communications & Networking
1 3 (12.00%) InfiniBand
2 1 (4.00%) DHCP
2 1 (4.00%) TCP/IP
2 1 (4.00%) DNS
2 1 (4.00%) Network Security
Database & Business Intelligence
1 2 (8.00%) Oracle Database 11g
1 2 (8.00%) Oracle Database
2 1 (4.00%) Data Warehouse
General
1 16 (64.00%) Finance
2 13 (52.00%) Back Office
3 3 (12.00%) Automotive
3 3 (12.00%) Banking
3 3 (12.00%) Investment Banking
Job Titles
1 10 (40.00%) Developer
2 7 (28.00%) Analyst
2 7 (28.00%) Business Analyst
3 3 (12.00%) Administrator
4 2 (8.00%) Data Analyst
4 2 (8.00%) DBA
4 2 (8.00%) Project Manager
4 2 (8.00%) Oracle DBA
4 2 (8.00%) Master Data Analyst
5 1 (4.00%) Web Designer
5 1 (4.00%) Support Manager
5 1 (4.00%) IT Support Manager
5 1 (4.00%) Photoshop Designer
5 1 (4.00%) Front-End Developer
5 1 (4.00%) IT Support
5 1 (4.00%) Designer
5 1 (4.00%) Web Developer
5 1 (4.00%) Senior Manager
5 1 (4.00%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 1 (4.00%) HTML
1 1 (4.00%) CSS
1 1 (4.00%) XHTML
1 1 (4.00%) jQuery
1 1 (4.00%) Twitter Bootstrap
Miscellaneous
1 13 (52.00%) Foreign Exchange (FX)
1 13 (52.00%) Equities
1 13 (52.00%) Analytical Skills
2 4 (16.00%) Spread Betting
3 3 (12.00%) Swaptions
3 3 (12.00%) Derivative
3 3 (12.00%) Equity Derivative
3 3 (12.00%) Management Information System
4 1 (4.00%) User Experience
Operating Systems
1 5 (20.00%) Linux
2 3 (12.00%) UNIX
3 2 (8.00%) Red Hat Enterprise Linux
4 1 (4.00%) Windows
Processes & Methodologies
1 15 (60.00%) Project Management
2 12 (48.00%) Data Management
2 12 (48.00%) Data Cleansing
2 12 (48.00%) Data Governance
2 12 (48.00%) Master Data Management
3 9 (36.00%) Enterprise Data Management
4 4 (16.00%) PRINCE2
4 4 (16.00%) Change Management
5 3 (12.00%) Workflow
5 3 (12.00%) Performance Monitoring
5 3 (12.00%) Line Management
6 2 (8.00%) Programme Management
7 1 (4.00%) Asset Management
7 1 (4.00%) Pay per click
7 1 (4.00%) Project Planning
7 1 (4.00%) Web Development
7 1 (4.00%) Analytics
7 1 (4.00%) Data Architecture
Programming Languages
1 3 (12.00%) Python
1 3 (12.00%) Bash Shell
2 2 (8.00%) SQL
3 1 (4.00%) JavaScript
Qualifications
1 1 (4.00%) Security Cleared
1 1 (4.00%) VCP4
Quality Assurance & Compliance
1 3 (12.00%) EMIR
1 3 (12.00%) Dodd-Frank
System Software
1 3 (12.00%) NFS
1 3 (12.00%) Docker
1 3 (12.00%) LXC
2 2 (8.00%) Oracle RAC
3 1 (4.00%) Active Directory
3 1 (4.00%) ISA Server
3 1 (4.00%) Oracle RMAN
Vendors
1 3 (12.00%) Calypso
2 2 (8.00%) NetApp
2 2 (8.00%) Red Hat
2 2 (8.00%) Oracle
3 1 (4.00%) Microsoft
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