The table below looks at the statistics for knowledge and experience of FactSet 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 FactSet over the 3 months to 23 July 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 FactSet Research Systems, Inc.

3 months to
23 Jul 2016
Same period 2015 Same period 2014
FactSet
Rank 423 418 397
Rank change year-on-year
-5 -21
Contract jobs citing FactSet 8 8 24
As % of all contract IT jobs located in London 0.036% 0.034% 0.10%
As % of the Vendors category 0.087% 0.078% 0.24%
Number of daily rates quoted 6 7 11
Median daily rate £288 £225 £225
Median daily rate % change year-on-year
+27.77% -
90% offered a daily rate of more than £199 £225 £160
10% offered a daily rate of more than £550 £225 £575
UK excluding London median daily rate £225 - £188
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FactSet
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
9183 10317 10120
As % of all contract IT jobs located in London 41.44% 43.71% 44.17%
Number of daily rates quoted 6235 6829 6390
Median daily rate £450 £425 £423
Median daily rate % change year-on-year
+5.88% +0.59%
90% offered a daily rate of more than £275 £250 £230
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 93 261 218
Median hourly rate £16.50 £18.00 £19.00
Median hourly rate % change year-on-year
-8.33% -5.26%
90% offered a hourly rate of more than £11.00 £11.87 £12.50
10% offered a hourly rate of more than £35.00 £52.17 £34.50
UK excluding London median hourly rate £20.50 £18.00 £17.50
% change year-on-year
+13.88% +2.85%

FactSet
Jobs Demand Trend in London

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

FactSet Jobs Demand Trend in London

FactSet
Daily Rate Trend in London

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

FactSet Daily Rate Trend in London

FactSet
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FactSet across the London region over the 3 months to 23 July 2016.

FactSet Daily Rate Histogram in London

FactSet
Hourly Rate Trend in London

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

FactSet Hourly Rate Trend in London

FactSet
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 FactSet within the London region over the 3 months to 23 July 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 +38 4 £288 +27.77% 1
Canary Wharf - 1 £240 -
FactSet
England

FactSet
Top 30 Related IT Skills in London

For the 6 months to 23 July 2016, IT contractor jobs citing FactSet 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 FactSet.

1 22 (100.00%) Bloomberg
2 18 (81.82%) Finance
3 16 (72.73%) Reuters
4 15 (68.18%) Asset Management
5 14 (63.64%) Front Office
6 10 (45.45%) Crystal Reports
6 10 (45.45%) Charles River
6 10 (45.45%) Oracle BI EE
7 9 (40.91%) Investment Management
7 9 (40.91%) VBA
8 8 (36.36%) Disaster Recovery
8 8 (36.36%) Portfolio Management
8 8 (36.36%) Problem Management
9 5 (22.73%) ITIL
9 5 (22.73%) Windows
9 5 (22.73%) Microsoft
9 5 (22.73%) Active Directory
9 5 (22.73%) Windows 7
10 4 (18.18%) Incident Management
10 4 (18.18%) MS Office
11 3 (13.64%) Fidessa
11 3 (13.64%) MS Excel
12 2 (9.09%) SharePoint
12 2 (9.09%) SQL
12 2 (9.09%) Citrix
12 2 (9.09%) Cisco
12 2 (9.09%) Blackberry
12 2 (9.09%) Blackberry Enterprise Server
12 2 (9.09%) Banking
12 2 (9.09%) IP Telephony

FactSet
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:

Application Platforms
1 2 (9.09%) Blackberry Enterprise Server
1 2 (9.09%) SharePoint
2 1 (4.55%) SharePoint 2013
2 1 (4.55%) Skype for Business
Applications
1 4 (18.18%) MS Office
2 3 (13.64%) MS Excel
3 1 (4.55%) MS PowerPoint
Business Applications
1 2 (9.09%) Eikon
Communications & Networking
1 2 (9.09%) IP Telephony
2 1 (4.55%) DHCP
2 1 (4.55%) DNS
2 1 (4.55%) Internet
2 1 (4.55%) TCP/IP
Database & Business Intelligence
1 10 (45.45%) Crystal Reports
1 10 (45.45%) Oracle BI EE
2 1 (4.55%) SQL Server
2 1 (4.55%) SQL Server Integration Services
2 1 (4.55%) SQL Server Reporting Services
Development Applications
1 1 (4.55%) Visual Studio
General
1 18 (81.82%) Finance
2 14 (63.64%) Front Office
3 2 (9.09%) Banking
4 1 (4.55%) Investment Banking
4 1 (4.55%) Marketing
Job Titles
1 12 (54.55%) Analyst
2 9 (40.91%) Support Analyst
3 6 (27.27%) Applications Support
4 4 (18.18%) Desktop Support
5 3 (13.64%) Business Analyst
6 2 (9.09%) Applications Support Analyst
6 2 (9.09%) Asset Management Analyst
6 2 (9.09%) Charles River Support Analyst
6 2 (9.09%) Desktop Analyst
6 2 (9.09%) IT Analyst
6 2 (9.09%) IT Support
6 2 (9.09%) IT Support Analyst
7 1 (4.55%) Banking Analyst
7 1 (4.55%) Business Support Analyst
7 1 (4.55%) Cisco Support
7 1 (4.55%) Citrix Support
7 1 (4.55%) Desktop Support Manager
7 1 (4.55%) IT Business Analyst
7 1 (4.55%) Market Data Analyst
7 1 (4.55%) Technology Support Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) .NET
1 1 (4.55%) XMPP
Miscellaneous
1 2 (9.09%) Blackberry
1 2 (9.09%) Equities
2 1 (4.55%) Analytical Skills
2 1 (4.55%) BYOD
2 1 (4.55%) Credit Derivative
2 1 (4.55%) Derivative
2 1 (4.55%) Fat Client
2 1 (4.55%) Fixed Income
2 1 (4.55%) Foreign Exchange (FX)
2 1 (4.55%) Mobile App
2 1 (4.55%) Smartphone
2 1 (4.55%) Thin Client
Operating Systems
1 5 (22.73%) Windows
1 5 (22.73%) Windows 7
2 2 (9.09%) Windows 8
3 1 (4.55%) Android
3 1 (4.55%) Apple iOS
3 1 (4.55%) Mac OS X
3 1 (4.55%) Windows Server
3 1 (4.55%) Windows Server 2012
Processes & Methodologies
1 15 (68.18%) Asset Management
2 9 (40.91%) Investment Management
3 8 (36.36%) Disaster Recovery
3 8 (36.36%) Portfolio Management
3 8 (36.36%) Problem Management
4 5 (22.73%) ITIL
5 4 (18.18%) Incident Management
6 2 (9.09%) Fund Management
7 1 (4.55%) Business Development
7 1 (4.55%) Configuration Management
7 1 (4.55%) Data Management
7 1 (4.55%) Data Reconciliation
7 1 (4.55%) Knowledge Management
7 1 (4.55%) Line Management
7 1 (4.55%) Process Improvement
7 1 (4.55%) Project Management
7 1 (4.55%) Release Management
7 1 (4.55%) Server Monitoring
7 1 (4.55%) Service Management
7 1 (4.55%) Software Deployment
Programming Languages
1 9 (40.91%) VBA
2 2 (9.09%) PowerShell
2 2 (9.09%) SQL
3 1 (4.55%) C#
3 1 (4.55%) Java
3 1 (4.55%) VB
Qualifications
1 1 (4.55%) ITIL Certification
Quality Assurance & Compliance
1 1 (4.55%) SLA
System Software
1 5 (22.73%) Active Directory
2 1 (4.55%) Virtual Servers
2 1 (4.55%) VMware Infrastructure
Vendors
1 22 (100.00%) Bloomberg
2 16 (72.73%) Reuters
3 10 (45.45%) Charles River
4 5 (22.73%) Microsoft
5 3 (13.64%) Fidessa
6 2 (9.09%) Cisco
6 2 (9.09%) Citrix
7 1 (4.55%) Apple
7 1 (4.55%) Google
7 1 (4.55%) HP
7 1 (4.55%) Oracle
7 1 (4.55%) StatPro
7 1 (4.55%) Sybase
7 1 (4.55%) Symantec
7 1 (4.55%) VMware
London
Harrington Starr
Rate: £200 - £250 per day
Posted: 4 days ago