The table below looks at the statistics for knowledge and experience of Cognizant products and/or services in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Cognizant over the 3 months to 30 September 2016 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Cognizant Technology Solutions.

3 months to
30 Sep 2016
Same period 2015 Same period 2014
Cognizant
Rank 422 439 429
Rank change year-on-year
+17 -10
Contract jobs citing Cognizant 8 7 8
As % of all contract IT jobs located in London 0.035% 0.030% 0.032%
As % of the Vendors category 0.082% 0.072% 0.071%
Number of daily rates quoted 5 5 5
Median daily rate £650 £725 £425
Median daily rate % change year-on-year
-10.34% +70.58%
90% offered a daily rate of more than £429 £355 £296
10% offered a daily rate of more than £800 £725 £513
UK excluding London median daily rate £535 - £431
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £34.00
Cognizant
England

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

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
9730 9744 11208
As % of all contract IT jobs located in London 42.64% 41.84% 45.41%
Number of daily rates quoted 6434 6458 7277
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £250 £238
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 148 201 252
Median hourly rate £17.98 £17.98 £19.00
Median hourly rate % change year-on-year
-0.02% -5.36%
90% offered a hourly rate of more than £12.00 £12.00 £13.09
10% offered a hourly rate of more than £50.00 £43.00 £40.00
UK excluding London median hourly rate £18.00 £18.00 £18.00

Cognizant
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Cognizant as a proportion of all IT contracts with a match in the Vendors category.

Cognizant Jobs Demand Trend in London

Cognizant
Daily Rate Trend in London

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

Cognizant Daily Rate Trend in London

Cognizant
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Cognizant across the London region over the 3 months to 30 September 2016.

Cognizant Daily Rate Histogram in London

Cognizant
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cognizant within the London region over the 3 months to 30 September 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London - 2 £650 - 5
Cognizant
England

Cognizant
Top 30 Related IT Skills in London

For the 6 months to 30 September 2016, IT contractor jobs citing Cognizant 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 London region with a requirement for Cognizant.

1 6 (66.67%) Risk Management
2 4 (44.44%) Foreign Exchange (FX)
2 4 (44.44%) Middleware
2 4 (44.44%) C++
2 4 (44.44%) SQL
2 4 (44.44%) STL
2 4 (44.44%) Unix
2 4 (44.44%) MiFID
2 4 (44.44%) Algorithmic Trading
2 4 (44.44%) Multithreading
2 4 (44.44%) Electronic Trading
2 4 (44.44%) Boost C++ Libraries
2 4 (44.44%) Low Latency
2 4 (44.44%) Algorithms
2 4 (44.44%) Solace
3 3 (33.33%) High Availability
3 3 (33.33%) Front Office
3 3 (33.33%) N-Tier
4 2 (22.22%) Linux
4 2 (22.22%) E-Commerce
4 2 (22.22%) Cadence
4 2 (22.22%) Analytical Skills
5 1 (11.11%) API Testing
5 1 (11.11%) Risk Identification and Mitigation
5 1 (11.11%) BDD
5 1 (11.11%) Continuous Improvement
5 1 (11.11%) Transition Management
5 1 (11.11%) QA
5 1 (11.11%) Selenium
5 1 (11.11%) Manual Testing

Cognizant
Top Related IT Skills in London 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:

Development Applications
1 1 (11.11%) Selenium
General
1 3 (33.33%) Front Office
2 1 (11.11%) Finance
2 1 (11.11%) Retail
Job Titles
1 4 (44.44%) C++ Developer
1 4 (44.44%) Developer
2 3 (33.33%) Electronic Trading C++ Developer
2 3 (33.33%) Electronic Trading Developer
3 2 (22.22%) E-Commerce Developer
3 2 (22.22%) Low Latency C++ Developer
3 2 (22.22%) Risk Manager
4 1 (11.11%) Analyst
4 1 (11.11%) Consultant
4 1 (11.11%) Front Office C++ Developer
4 1 (11.11%) Front Office Developer
4 1 (11.11%) Functional Consultant
4 1 (11.11%) ITIL Manager
4 1 (11.11%) Kronos Consultant
4 1 (11.11%) Test Analyst
4 1 (11.11%) Transition Manager
Libraries, Frameworks & Software Standards
1 4 (44.44%) Boost C++ Libraries
1 4 (44.44%) Middleware
1 4 (44.44%) STL
2 1 (11.11%) Web Services
Miscellaneous
1 4 (44.44%) Algorithms
1 4 (44.44%) Foreign Exchange (FX)
2 3 (33.33%) N-Tier
3 2 (22.22%) Analytical Skills
4 1 (11.11%) Fixed Income
Operating Systems
1 4 (44.44%) Unix
2 2 (22.22%) Linux
Processes & Methodologies
1 6 (66.67%) Risk Management
2 4 (44.44%) Algorithmic Trading
2 4 (44.44%) Electronic Trading
2 4 (44.44%) Low Latency
2 4 (44.44%) Multithreading
3 3 (33.33%) High Availability
4 2 (22.22%) E-Commerce
5 1 (11.11%) Agile Software Development
5 1 (11.11%) BDD
5 1 (11.11%) Continuous Improvement
5 1 (11.11%) ITIL
5 1 (11.11%) Manual Testing
5 1 (11.11%) Matrix Management
5 1 (11.11%) Project Management
5 1 (11.11%) Quality Management
5 1 (11.11%) Regression Testing
5 1 (11.11%) Scrum
5 1 (11.11%) Service Delivery
5 1 (11.11%) TDD
5 1 (11.11%) Transition Management
Programming Languages
1 4 (44.44%) C++
1 4 (44.44%) SQL
2 1 (11.11%) C
2 1 (11.11%) C#
Qualifications
1 1 (11.11%) Degree
1 1 (11.11%) ITIL Certification
Quality Assurance & Compliance
1 4 (44.44%) MiFID
2 1 (11.11%) QA
Vendors
1 4 (44.44%) Solace
2 2 (22.22%) Cadence
3 1 (11.11%) Kronos