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 average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 3 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
3 Mar 2015
Same period 2014 Same period 2013
Derivatives
Rank 65 61 48
Rank change year-on-year
-4 -13
Contract jobs citing Derivative 3 4 22
As % of all contract IT jobs located in Glasgow 0.37% 0.63% 2.62%
As % of the Miscellaneous category 1.74% 2.50% 10.28%
Number of daily rates quoted 3 4 11
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £400 £350
Average daily rate % change year-on-year
+18.75% +14.28%
UK excluding London average daily rate £475 £413 £363
% change year-on-year
+15.15% +13.79%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £37.50
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
172 160 214
As % of all contract IT jobs located in Glasgow 21.42% 25.04% 25.51%
Number of daily rates quoted 99 84 114
Average daily rate £350 £370 £350
Average daily rate % change year-on-year
-5.27% +5.57%
90% offered a daily rate of more than £112 £250 £234
10% offered a daily rate of more than £475 £450 £421
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 9 7 6
Average hourly rate £15.77 £15.50 £10.42
Average hourly rate % change year-on-year
+1.74% +48.82%
90% offered a hourly rate of more than £12.10 £11.44 £9.90
10% offered a hourly rate of more than £68.00 £32.50 £19.69
UK excluding London average hourly rate £18.50 £18.00 £20.00
% change year-on-year
+2.77% -10.00%

Derivative
Jobs Demand Trend in Glasgow

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the Glasgow region as a proportion of the total demand within 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 3 March 2015, IT contractor jobs across the Glasgow region citing Derivative 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 Derivative.

1 5 (71.43%) SQL
1 5 (71.43%) Equity Derivative
1 5 (71.43%) Multithreading
2 4 (57.14%) Java
3 3 (42.86%) Foreign Exchange (FX)
3 3 (42.86%) Analytical Skills
3 3 (42.86%) Banking
3 3 (42.86%) Investment Banking
4 2 (28.57%) Spring
4 2 (28.57%) Maven
4 2 (28.57%) Relational Database
4 2 (28.57%) Market Risk
4 2 (28.57%) GWT
4 2 (28.57%) REST
4 2 (28.57%) Shell Script
4 2 (28.57%) Servlets
4 2 (28.57%) SOAP
4 2 (28.57%) Web Services
4 2 (28.57%) UNIX
4 2 (28.57%) Oracle
4 2 (28.57%) Sybase
4 2 (28.57%) Ant
4 2 (28.57%) Agile Software Development
4 2 (28.57%) Hibernate
4 2 (28.57%) Finance
5 1 (14.29%) CISA
5 1 (14.29%) CISM
5 1 (14.29%) Management Information System
5 1 (14.29%) MVC
5 1 (14.29%) Risk Management

Derivative
Top Related IT Skills in Glasgow by Category

For the 6 months to 3 March 2015, IT contractor jobs across the Glasgow region citing Derivative 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 Derivative. Up to 20 skills are shown per category.

Database & Business Intelligence
1 2 (28.57%) Relational Database
2 1 (14.29%) Data Warehouse
Development Applications
1 2 (28.57%) Ant
1 2 (28.57%) Maven
General
1 3 (42.86%) Banking
1 3 (42.86%) Investment Banking
2 2 (28.57%) Finance
3 1 (14.29%) Marketing
Job Titles
1 5 (71.43%) Developer
2 4 (57.14%) Java Developer
3 2 (28.57%) Senior Java Developer
3 2 (28.57%) Senior Developer
4 1 (14.29%) Data Analyst
4 1 (14.29%) Analyst
4 1 (14.29%) Business Data Analyst
4 1 (14.29%) C# Developer
4 1 (14.29%) Business Analyst
Libraries, Frameworks & Software Standards
1 2 (28.57%) Servlets
1 2 (28.57%) SOAP
1 2 (28.57%) Web Services
1 2 (28.57%) Hibernate
1 2 (28.57%) Spring
1 2 (28.57%) GWT
1 2 (28.57%) REST
2 1 (14.29%) .NET
2 1 (14.29%) ASP.NET
2 1 (14.29%) WCF
2 1 (14.29%) WPF
2 1 (14.29%) Silverlight
Miscellaneous
1 5 (71.43%) Equity Derivative
2 3 (42.86%) Foreign Exchange (FX)
2 3 (42.86%) Analytical Skills
3 2 (28.57%) Market Risk
4 1 (14.29%) Management Information System
4 1 (14.29%) Equities
Operating Systems
1 2 (28.57%) UNIX
Processes & Methodologies
1 5 (71.43%) Multithreading
2 2 (28.57%) Agile Software Development
3 1 (14.29%) Asset Management
3 1 (14.29%) Penetration Testing
3 1 (14.29%) Data Analysis
3 1 (14.29%) Business Analysis
3 1 (14.29%) Incident Management
3 1 (14.29%) Wealth Management
3 1 (14.29%) Data Mapping
3 1 (14.29%) Business Continuity Planning
3 1 (14.29%) Data Modelling
3 1 (14.29%) BCP
3 1 (14.29%) MVC
3 1 (14.29%) Risk Management
3 1 (14.29%) Stakeholder Management
3 1 (14.29%) Business Continuity
3 1 (14.29%) Risk Assessment
3 1 (14.29%) Information Security
Programming Languages
1 5 (71.43%) SQL
2 4 (57.14%) Java
3 2 (28.57%) Shell Script
4 1 (14.29%) C#
Qualifications
1 1 (14.29%) CISSP
1 1 (14.29%) CISA
1 1 (14.29%) CISM
1 1 (14.29%) VCP4
1 1 (14.29%) CRISC
Quality Assurance & Compliance
1 1 (14.29%) Sarbanes-Oxley
1 1 (14.29%) ISO/IEC 27001
1 1 (14.29%) COBIT
Vendors
1 2 (28.57%) Oracle
1 2 (28.57%) Sybase