The table below looks at the prevalence of the term Contract for Difference in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 28 November 2014 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 Nov 2014
Same period 2013 Same period 2012
Contract for Difference (CFD)
Rank 407 420 385
Rank change year-on-year
+13 -35
Contract jobs citing Contract for Difference 8 2 3
As % of all contract IT jobs located in London 0.033% 0.008% 0.014%
As % of the Miscellaneous category 0.095% 0.022% 0.036%
Number of daily rates quoted 3 2 0
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£375 £475 -
Average daily rate % change year-on-year
-21.05% -
UK excluding London average daily rate - - £401
Number of hourly rates quoted 2 0 0
Average hourly rate £105.00 - -
UK excluding London average hourly rate - - -
Contract for Difference
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8394 9270 8235
As % of all contract IT jobs located in London 34.89% 37.41% 37.12%
Number of daily rates quoted 5984 6545 5677
Average daily rate £450 £450 £450
90% offered a daily rate of more than £265 £268 £270
10% offered a daily rate of more than £638 £625 £625
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 175 158 216
Average hourly rate £17.00 £21.50 £21.39
Average hourly rate % change year-on-year
-20.93% +0.53%
90% offered a hourly rate of more than £12.50 £13.50 £12.50
10% offered a hourly rate of more than £42.50 £42.50 £49.70
UK excluding London average hourly rate £17.48 £19.50 £20.00
% change year-on-year
-10.35% -2.50%

Contract for Difference
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Contract for Difference across the London region as a proportion of the total demand within the Miscellaneous category.

Contract for Difference Jobs Demand Trend in London

Contract for Difference
Daily Rate Trend in London

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

Contract for Difference Daily Rate Trend in London

Contract for Difference
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Contract for Difference across the London region over the 3 months to 28 November 2014.

Contract for Difference Daily Rate Histogram in London

Contract for Difference
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Contract for Difference across the London region.

Contract for Difference Hourly Rate Trend in London

Contract for Difference
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Contract for Difference within the London region over the 3 months to 28 November 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London - - - - 3
Contract for Difference
England

Contract for Difference
Top 29 Related IT Skills in London

For the 6 months to 28 November 2014, IT contractor jobs across the London region citing Contract for Difference 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 Contract for Difference.

1 7 (87.50%) Project Management
2 6 (75.00%) Finance
3 5 (62.50%) Equities
3 5 (62.50%) Foreign Exchange (FX)
3 5 (62.50%) Back Office
3 5 (62.50%) Analytical Skills
4 4 (50.00%) Data Governance
4 4 (50.00%) Markit EDM
4 4 (50.00%) Master Data Management
4 4 (50.00%) Data Management
4 4 (50.00%) Data Cleansing
5 3 (37.50%) Change Management
5 3 (37.50%) PRINCE2
6 2 (25.00%) Programme Management
6 2 (25.00%) Enterprise Data Management
7 1 (12.50%) Oracle RAC
7 1 (12.50%) Oracle Database 11g
7 1 (12.50%) Oracle Database
7 1 (12.50%) Oracle
7 1 (12.50%) Project Planning
7 1 (12.50%) Spread Betting
7 1 (12.50%) Security Cleared
7 1 (12.50%) Data Architecture
7 1 (12.50%) Red Hat Enterprise Linux
7 1 (12.50%) Red Hat
7 1 (12.50%) Linux
7 1 (12.50%) Data Warehouse
7 1 (12.50%) NetApp
7 1 (12.50%) Asset Management

Contract for Difference
Top Related IT Skills in London by Category

For the 6 months to 28 November 2014, IT contractor jobs across the London region citing Contract for Difference 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 Contract for Difference. Up to 20 skills are shown per category.

Business Applications
1 4 (50.00%) Markit EDM
Database & Business Intelligence
1 1 (12.50%) Oracle Database 11g
1 1 (12.50%) Oracle Database
1 1 (12.50%) Data Warehouse
General
1 6 (75.00%) Finance
2 5 (62.50%) Back Office
Job Titles
1 3 (37.50%) Business Analyst
1 3 (37.50%) Analyst
2 2 (25.00%) Developer
2 2 (25.00%) Project Manager
3 1 (12.50%) Master Data Analyst
3 1 (12.50%) Data Analyst
3 1 (12.50%) Senior Project Manager
3 1 (12.50%) Oracle DBA
3 1 (12.50%) DBA
3 1 (12.50%) Senior Manager
Miscellaneous
1 5 (62.50%) Equities
1 5 (62.50%) Foreign Exchange (FX)
1 5 (62.50%) Analytical Skills
2 1 (12.50%) Spread Betting
Operating Systems
1 1 (12.50%) Red Hat Enterprise Linux
1 1 (12.50%) Linux
Processes & Methodologies
1 7 (87.50%) Project Management
2 4 (50.00%) Data Governance
2 4 (50.00%) Master Data Management
2 4 (50.00%) Data Management
2 4 (50.00%) Data Cleansing
3 3 (37.50%) Change Management
3 3 (37.50%) PRINCE2
4 2 (25.00%) Programme Management
4 2 (25.00%) Enterprise Data Management
5 1 (12.50%) Project Planning
5 1 (12.50%) Data Architecture
5 1 (12.50%) Asset Management
Qualifications
1 1 (12.50%) Security Cleared
System Software
1 1 (12.50%) Oracle RAC
Vendors
1 1 (12.50%) Oracle
1 1 (12.50%) Red Hat
1 1 (12.50%) NetApp
London
Pioneer Search
Rate: £385 - £425 per day
Posted: Yesterday