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 28 May 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
28 May 2015
Same period 2014 Same period 2013
Derivatives
Rank 56 53 69
Rank change year-on-year
-3 +16
Contract jobs citing Derivative 13 13 12
As % of all contract IT jobs located in Glasgow 1.48% 1.81% 1.27%
As % of the Miscellaneous category 5.28% 6.25% 3.72%
Number of daily rates quoted 8 8 6
Average daily rate
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£381 £375 £450
Average daily rate % change year-on-year
+1.66% -16.66%
90% offered a daily rate of more than £375 £360 £319
10% offered a daily rate of more than £465 £383 £550
UK excluding London average daily rate £425 £385 £438
% change year-on-year
+10.38% -12.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £42.00 £17.00
% change year-on-year
- +147.05%
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
246 208 323
As % of all contract IT jobs located in Glasgow 28.08% 28.89% 34.14%
Number of daily rates quoted 109 114 138
Average daily rate £375 £375 £355
Average daily rate % change year-on-year
- +5.63%
90% offered a daily rate of more than £245 £230 £270
10% offered a daily rate of more than £450 £431 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 18 1 9
Average hourly rate £20.69 £11.50 £12.44
Average hourly rate % change year-on-year
+79.91% -7.51%
90% offered a hourly rate of more than £12.10 £11.50 £9.25
10% offered a hourly rate of more than £36.00 £11.50 £14.10
UK excluding London average hourly rate £19.00 £21.00 £21.00
% change year-on-year
-9.52% -

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
Daily Rate Histogram in Glasgow

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Glasgow region over the 3 months to 28 May 2015.

Derivative Daily Rate Histogram in Glasgow

Derivative
Top 30 Related IT Skills in Glasgow

For the 6 months to 28 May 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 14 (87.50%) SQL
2 13 (81.25%) Java
3 9 (56.25%) UNIX
3 9 (56.25%) Finance
4 8 (50.00%) Linux
4 8 (50.00%) Python
4 8 (50.00%) Shell Script
4 8 (50.00%) Perl
4 8 (50.00%) Equity Derivative
5 7 (43.75%) C#
5 7 (43.75%) C++
6 6 (37.50%) Banking
7 5 (31.25%) Front Office
7 5 (31.25%) Sybase IQ
7 5 (31.25%) T-SQL
7 5 (31.25%) J2EE
7 5 (31.25%) Sybase
7 5 (31.25%) FIX Protocol
7 5 (31.25%) Sybase ASE
7 5 (31.25%) System Testing
7 5 (31.25%) Performance Tuning
8 4 (25.00%) Analytical Skills
8 4 (25.00%) Investment Banking
8 4 (25.00%) Equities
9 3 (18.75%) Foreign Exchange (FX)
9 3 (18.75%) Red Hat Enterprise Linux
9 3 (18.75%) KDB
9 3 (18.75%) Multithreading
10 2 (12.50%) Market Risk
10 2 (12.50%) Hibernate

Derivative
Top Related IT Skills in Glasgow by Category

For the 6 months to 28 May 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 5 (31.25%) Sybase IQ
1 5 (31.25%) Sybase ASE
2 3 (18.75%) KDB
3 2 (12.50%) Relational Database
General
1 9 (56.25%) Finance
2 6 (37.50%) Banking
3 5 (31.25%) Front Office
4 4 (25.00%) Investment Banking
5 1 (6.25%) Legal
Job Titles
1 8 (50.00%) Developer
2 6 (37.50%) Integration Engineer
2 6 (37.50%) Systems Integration Engineer
2 6 (37.50%) Systems Engineer
3 4 (25.00%) Java Developer
3 4 (25.00%) SQL Developer
4 2 (12.50%) Market Risk Developer
5 1 (6.25%) Sybase Developer
5 1 (6.25%) C# Developer
5 1 (6.25%) Applications Support Analyst
5 1 (6.25%) Support Analyst
5 1 (6.25%) Applications Support
5 1 (6.25%) Analyst
5 1 (6.25%) Integration Specialist
Libraries, Frameworks & Software Standards
1 5 (31.25%) J2EE
1 5 (31.25%) FIX Protocol
2 2 (12.50%) Hibernate
2 2 (12.50%) Spring
3 1 (6.25%) .NET
3 1 (6.25%) ASP.NET
3 1 (6.25%) WCF
3 1 (6.25%) WPF
3 1 (6.25%) Silverlight
Miscellaneous
1 8 (50.00%) Equity Derivative
2 4 (25.00%) Analytical Skills
2 4 (25.00%) Equities
3 3 (18.75%) Foreign Exchange (FX)
4 2 (12.50%) Market Risk
4 2 (12.50%) Computer Science
Operating Systems
1 9 (56.25%) UNIX
2 8 (50.00%) Linux
3 3 (18.75%) Red Hat Enterprise Linux
Processes & Methodologies
1 5 (31.25%) System Testing
1 5 (31.25%) Performance Tuning
2 3 (18.75%) Multithreading
3 2 (12.50%) SDLC
4 1 (6.25%) MVC
4 1 (6.25%) Low Latency
Programming Languages
1 14 (87.50%) SQL
2 13 (81.25%) Java
3 8 (50.00%) Python
3 8 (50.00%) Shell Script
3 8 (50.00%) Perl
4 7 (43.75%) C#
4 7 (43.75%) C++
5 5 (31.25%) T-SQL
Qualifications
1 2 (12.50%) Degree
Vendors
1 5 (31.25%) Sybase
2 2 (12.50%) Oracle