The first 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 19 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the England 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.

Location
3 months to
19 Jun 2013
Same period 2012 Same period 2011
Contract for Difference (CFD)
Rank 525 498 544
Rank change year-on-year
-27 +46
Contract jobs citing Contract for Difference 7 47 36
As % of all contract IT jobs located in England 0.016% 0.089% 0.063%
As % of the Miscellaneous category 0.059% 0.351% 0.218%
Number of daily rates quoted 2 29 26
Average daily rate £500 £450 £575
Average daily rate % change year-on-year
+11.11% -21.73%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
11864 13403 16520
As % of all contract IT jobs located in England 27.42% 25.31% 28.85%
Number of daily rates quoted 7322 7988 10108
Average daily rate £430 £425 £525
Average daily rate % change year-on-year
+1.17% -19.04%
90% offered a daily rate of more than £250 £251 £275
10% offered a daily rate of more than £600 £610 £650
UK excluding London average daily rate £350 £345 £328
% change year-on-year
+1.44% +5.34%
Number of hourly rates quoted 515 629 645
Average hourly rate £22.50 £22.50 £22.50
90% offered a hourly rate of more than £12.50 £11.95 £11.00
10% offered a hourly rate of more than £43.00 £45.00 £42.50
UK excluding London average hourly rate £21.63 £22.50 £25.00
% change year-on-year
-3.88% -10.00%
Contract for Difference
UK

Contract for Difference
Jobs Demand Trend

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.

England Contract for Difference Jobs Demand Trend

Contract for Difference
Daily Rate Trend

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

England Contract for Difference Daily Rate Trend

Contract for Difference
Hourly Rate Trend

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

England Contract for Difference Hourly Rate Trend

Contract for Difference
Contract Locations

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 19 June 2013. 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
(Click each for more statistics)
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
Find
Job
Vacancies
London -14 7 £500 +11.11% 8
Contract for Difference
UK

Contract for Difference
Top 30 Related IT Skills

For the 6 months to 19 June 2013, 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 15 (75.00%) Business Intelligence
2 13 (65.00%) Java
3 11 (55.00%) Finance
3 11 (55.00%) Derivative
4 10 (50.00%) TDD
4 10 (50.00%) Banking
5 9 (45.00%) Investment Banking
5 9 (45.00%) Validation
5 9 (45.00%) Fixed Income
5 9 (45.00%) ESB
5 9 (45.00%) Systems Analysis
5 9 (45.00%) Multithreading
5 9 (45.00%) SAP PI
5 9 (45.00%) .NET
5 9 (45.00%) Oracle
5 9 (45.00%) SQL Server
5 9 (45.00%) SAP
5 9 (45.00%) XML
5 9 (45.00%) VLDB
5 9 (45.00%) N-Tier
5 9 (45.00%) SOA
5 9 (45.00%) WSDL
5 9 (45.00%) XML Schema
5 9 (45.00%) BizTalk Server
5 9 (45.00%) Windows Azure
6 7 (35.00%) SQL
7 6 (30.00%) TIBCO
7 6 (30.00%) Data Mining
7 6 (30.00%) Spotfire
7 6 (30.00%) Statistical Analysis

Contract for Difference
Top Related IT Skills by Category

For the 6 months to 19 June 2013, 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 Development
1 9 (45.00%) SAP PI
1 9 (45.00%) .NET
1 9 (45.00%) XML
1 9 (45.00%) WSDL
1 9 (45.00%) XML Schema
2 1 (5.000%) Spring
2 1 (5.000%) JMS
2 1 (5.000%) Web Services
2 1 (5.000%) Spring Integration
Application Platforms
1 9 (45.00%) ESB
1 9 (45.00%) BizTalk Server
1 9 (45.00%) Windows Azure
Database & Business Intelligence
1 9 (45.00%) SQL Server
1 9 (45.00%) VLDB
2 6 (30.00%) Data Mining
2 6 (30.00%) Spotfire
3 1 (5.000%) OLAP
3 1 (5.000%) RDBMS
Development Applications
1 3 (15.00%) QuickTest Pro
1 3 (15.00%) Selenium
2 1 (5.000%) Subversion
2 1 (5.000%) Maven
2 1 (5.000%) TeamCity
General
1 11 (55.00%) Finance
2 10 (50.00%) Banking
3 9 (45.00%) Investment Banking
4 4 (20.00%) Front Office
5 3 (15.00%) Back Office
Job Titles
1 9 (45.00%) Solutions Architect
1 9 (45.00%) Architect
1 9 (45.00%) Analyst
2 6 (30.00%) Business Analyst
2 6 (30.00%) TIBCO Analyst
3 4 (20.00%) Developer
4 3 (15.00%) Test Automation Analyst
4 3 (15.00%) Automation Analyst
4 3 (15.00%) Test Analyst
4 3 (15.00%) Developer Analyst
4 3 (15.00%) Automation Test Analyst
5 1 (5.000%) Java Developer
5 1 (5.000%) Agile Project Manager
5 1 (5.000%) PRINCE2 Project Manager
5 1 (5.000%) Project Manager
Miscellaneous
1 11 (55.00%) Derivative
2 9 (45.00%) Fixed Income
2 9 (45.00%) N-Tier
3 6 (30.00%) Credit Derivative
3 6 (30.00%) Visualisation
4 3 (15.00%) Foreign Exchange (FX)
4 3 (15.00%) Equity Derivative
5 1 (5.000%) Spread Betting
Operating Systems
1 3 (15.00%) UNIX
Processes & Methodologies
1 15 (75.00%) Business Intelligence
2 10 (50.00%) TDD
3 9 (45.00%) Validation
3 9 (45.00%) Systems Analysis
3 9 (45.00%) Multithreading
3 9 (45.00%) SOA
4 6 (30.00%) Statistical Analysis
4 6 (30.00%) Data Analytics
4 6 (30.00%) Analytics
5 5 (25.00%) E-business
6 3 (15.00%) Build Automation
6 3 (15.00%) Automated Testing
6 3 (15.00%) Agile Software Development
6 3 (15.00%) Algorithmic Trading
6 3 (15.00%) Test Automation
7 1 (5.000%) Scrum
7 1 (5.000%) Continuous Integration
7 1 (5.000%) PRINCE2
7 1 (5.000%) Project Management
Programming Languages
1 13 (65.00%) Java
2 7 (35.00%) SQL
3 3 (15.00%) VB
3 3 (15.00%) VBA
3 3 (15.00%) Python
3 3 (15.00%) Perl
3 3 (15.00%) C#
3 3 (15.00%) C++
4 2 (10.00%) Jython
Quality Assurance & Compliance
1 4 (20.00%) QA
Vendors
1 9 (45.00%) Oracle
1 9 (45.00%) SAP
2 6 (30.00%) TIBCO