The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Glasgow region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 1 May 2016 with a comparison to the same period over 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 60 56 56
Rank change year-on-year
-4 0
Contract jobs citing Derivative 6 16 12
As % of all contract IT jobs located in Glasgow 0.90% 1.78% 1.69%
As % of the Miscellaneous category 3.06% 6.40% 6.32%
Number of daily rates quoted 1 11 7
Median daily rate £338 £400 £375
Median daily rate % change year-on-year
-15.62% +6.66%
UK excluding London median daily rate £338 £400 £375
% change year-on-year
-15.62% +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £42.00
Derivative
Scotland

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

Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
196 250 190
As % of all contract IT jobs located in Glasgow 29.56% 27.75% 26.84%
Number of daily rates quoted 99 118 107
Median daily rate £350 £375 £375
Median daily rate % change year-on-year
-6.66% -
90% offered a daily rate of more than £200 £221 £216
10% offered a daily rate of more than £425 £475 £425
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 0 17 1
Median hourly rate - £25.00 £15.50
Median hourly rate % change year-on-year
- +61.29%
UK excluding London median hourly rate £21.75 £18.90 £20.21
% change year-on-year
+15.07% -6.45%

Derivative
Jobs Demand Trend in Glasgow

The demand trend of contract jobs across the Glasgow region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in Glasgow

Derivative
Daily Rate Trend in Glasgow

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

Derivative Daily Rate Trend in Glasgow

Derivative
Top 30 Related IT Skills in Glasgow

For the 6 months to 1 May 2016, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Glasgow region with a requirement for Derivative.

1 6 (66.67%) Finance
2 5 (55.56%) Linux
2 5 (55.56%) Java
2 5 (55.56%) SQL
2 5 (55.56%) Banking
2 5 (55.56%) Equity Derivative
3 4 (44.44%) Equities
3 4 (44.44%) Unix
4 3 (33.33%) Stakeholder Management
4 3 (33.33%) Sybase
4 3 (33.33%) Perl
4 3 (33.33%) Investment Banking
4 3 (33.33%) Analytical Skills
5 2 (22.22%) SDLC
5 2 (22.22%) Translating Business Requirements
5 2 (22.22%) CRISC
5 2 (22.22%) Relational Database
5 2 (22.22%) Internal Audit
5 2 (22.22%) Software Engineering
5 2 (22.22%) Market Risk
5 2 (22.22%) Multithreading
5 2 (22.22%) System Testing
5 2 (22.22%) CGEIT
5 2 (22.22%) Data Analysis
5 2 (22.22%) Spring
5 2 (22.22%) Marketing
5 2 (22.22%) ISO/IEC 27001
5 2 (22.22%) Information Security
5 2 (22.22%) Asset Management
5 2 (22.22%) Agile Software Development

Derivative
Top Related IT Skills in Glasgow by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (11.11%) SharePoint
Applications
1 1 (11.11%) MS Excel
Database & Business Intelligence
1 2 (22.22%) Data Warehouse
1 2 (22.22%) DB2
1 2 (22.22%) RDBMS
1 2 (22.22%) Relational Database
Development Applications
1 2 (22.22%) JUnit
General
1 6 (66.67%) Finance
2 5 (55.56%) Banking
3 3 (33.33%) Investment Banking
4 2 (22.22%) Marketing
5 1 (11.11%) Front Office
Job Titles
1 5 (55.56%) Developer
2 3 (33.33%) Analyst
3 2 (22.22%) Business Analyst
3 2 (22.22%) Business Data Analyst
3 2 (22.22%) C++ Developer
3 2 (22.22%) Data Analyst
3 2 (22.22%) Data Business Analyst
3 2 (22.22%) Market Risk Developer
3 2 (22.22%) SQL Analyst
3 2 (22.22%) SQL Data Analyst
3 2 (22.22%) SQL Developer
4 1 (11.11%) Java Developer
4 1 (11.11%) Project Manager
4 1 (11.11%) Testing Analyst
Libraries, Frameworks & Software Standards
1 2 (22.22%) J2SE
1 2 (22.22%) Spring
2 1 (11.11%) Boost C++ Libraries
2 1 (11.11%) JMS
Miscellaneous
1 5 (55.56%) Equity Derivative
2 4 (44.44%) Equities
3 3 (33.33%) Analytical Skills
4 2 (22.22%) Management Information System
4 2 (22.22%) Market Risk
Operating Systems
1 5 (55.56%) Linux
2 4 (44.44%) Unix
Processes & Methodologies
1 3 (33.33%) Stakeholder Management
2 2 (22.22%) Agile Software Development
2 2 (22.22%) Asset Management
2 2 (22.22%) Data Analysis
2 2 (22.22%) Data Modelling
2 2 (22.22%) Information Security
2 2 (22.22%) Internal Audit
2 2 (22.22%) Multithreading
2 2 (22.22%) OO
2 2 (22.22%) OOD
2 2 (22.22%) SDLC
2 2 (22.22%) Software Engineering
2 2 (22.22%) System Testing
2 2 (22.22%) Translating Business Requirements
3 1 (11.11%) Business Analysis
3 1 (11.11%) GAP Analysis
3 1 (11.11%) PRINCE2
3 1 (11.11%) Project Management
3 1 (11.11%) Threat Management
3 1 (11.11%) Unit Testing
Programming Languages
1 5 (55.56%) Java
1 5 (55.56%) SQL
2 3 (33.33%) Perl
3 2 (22.22%) C#
3 2 (22.22%) C++
3 2 (22.22%) Python
Qualifications
1 2 (22.22%) CGEIT
1 2 (22.22%) CISA
1 2 (22.22%) CISM
1 2 (22.22%) CRISC
2 1 (11.11%) PMI Certification
2 1 (11.11%) PMP
Quality Assurance & Compliance
1 2 (22.22%) ISO/IEC 27001
2 1 (11.11%) COBIT
2 1 (11.11%) Sarbanes-Oxley
Systems Management
1 1 (11.11%) RSA Archer
Vendors
1 3 (33.33%) Sybase