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 30 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
30 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 58 58 53
Rank change year-on-year
0 -5
Contract jobs citing Derivative 6 13 13
As % of all contract IT jobs located in Glasgow 0.93% 1.48% 1.81%
As % of the Miscellaneous category 2.84% 5.20% 6.25%
Number of daily rates quoted 1 8 8
Median daily rate £400 £381 £375
Median daily rate % change year-on-year
+4.91% +1.66%
UK excluding London median daily rate £335 £425 £385
% change year-on-year
-21.17% +10.38%
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
211 250 208
As % of all contract IT jobs located in Glasgow 32.76% 28.54% 28.89%
Number of daily rates quoted 111 112 114
Median daily rate £350 £375 £375
Median daily rate % change year-on-year
-6.66% -
90% offered a daily rate of more than £215 £245 £229
10% offered a daily rate of more than £424 £450 £431
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 0 18 1
Median hourly rate - £20.69 £11.50
Median hourly rate % change year-on-year
- +79.91%
UK excluding London median hourly rate £22.00 £18.47 £20.00
% change year-on-year
+19.11% -7.65%

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 30 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 (75.00%) Java
1 6 (75.00%) SQL
1 6 (75.00%) Linux
1 6 (75.00%) Equity Derivative
2 5 (62.50%) Finance
2 5 (62.50%) Equities
2 5 (62.50%) Banking
2 5 (62.50%) Unix
3 4 (50.00%) Sybase
3 4 (50.00%) Perl
4 3 (37.50%) C++
4 3 (37.50%) DB2
4 3 (37.50%) OO
4 3 (37.50%) J2SE
4 3 (37.50%) Agile Software Development
4 3 (37.50%) Investment Banking
4 3 (37.50%) Stakeholder Management
4 3 (37.50%) Multithreading
4 3 (37.50%) Analytical Skills
4 3 (37.50%) SDLC
5 2 (25.00%) Translating Business Requirements
5 2 (25.00%) Relational Database
5 2 (25.00%) System Testing
5 2 (25.00%) Market Risk
5 2 (25.00%) Front Office
5 2 (25.00%) Software Engineering
5 2 (25.00%) Asset Management
5 2 (25.00%) Data Analysis
5 2 (25.00%) Spring
5 2 (25.00%) Data Warehouse

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:

Database & Business Intelligence
1 3 (37.50%) DB2
2 2 (25.00%) Data Warehouse
2 2 (25.00%) RDBMS
2 2 (25.00%) Relational Database
Development Applications
1 2 (25.00%) JUnit
General
1 5 (62.50%) Banking
1 5 (62.50%) Finance
2 3 (37.50%) Investment Banking
3 2 (25.00%) Front Office
Job Titles
1 6 (75.00%) Developer
2 3 (37.50%) C++ Developer
3 2 (25.00%) Analyst
3 2 (25.00%) Business Analyst
3 2 (25.00%) Business Data Analyst
3 2 (25.00%) Data Analyst
3 2 (25.00%) Data Business Analyst
3 2 (25.00%) Market Risk Developer
3 2 (25.00%) SQL Analyst
3 2 (25.00%) SQL Data Analyst
3 2 (25.00%) SQL Developer
4 1 (12.50%) Java Developer
Libraries, Frameworks & Software Standards
1 3 (37.50%) J2SE
2 2 (25.00%) Spring
3 1 (12.50%) Boost C++ Libraries
3 1 (12.50%) JMS
Miscellaneous
1 6 (75.00%) Equity Derivative
2 5 (62.50%) Equities
3 3 (37.50%) Analytical Skills
4 2 (25.00%) Market Risk
Operating Systems
1 6 (75.00%) Linux
2 5 (62.50%) Unix
Processes & Methodologies
1 3 (37.50%) Agile Software Development
1 3 (37.50%) Multithreading
1 3 (37.50%) OO
1 3 (37.50%) SDLC
1 3 (37.50%) Stakeholder Management
2 2 (25.00%) Asset Management
2 2 (25.00%) Data Analysis
2 2 (25.00%) Data Modelling
2 2 (25.00%) OOD
2 2 (25.00%) Software Engineering
2 2 (25.00%) System Testing
2 2 (25.00%) Translating Business Requirements
3 1 (12.50%) Database Tuning
3 1 (12.50%) Performance Tuning
3 1 (12.50%) Unit Testing
Programming Languages
1 6 (75.00%) Java
1 6 (75.00%) SQL
2 4 (50.00%) Perl
3 3 (37.50%) C++
4 2 (25.00%) C#
4 2 (25.00%) Python
Vendors
1 4 (50.00%) Sybase