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 average contractor rates offered in IT contracts that have cited FactSet over the 3 months to 26 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within FactSet Research Systems, Inc.

Location
3 months to
26 Nov 2014
Same period 2013 Same period 2012
FactSet
Rank 407 423 395
Rank change year-on-year
+16 -28
Contract jobs citing FactSet 10 3 1
As % of all contract IT jobs located in London 0.043% 0.012% 0.004%
As % of the Vendors category 0.097% 0.027% 0.009%
Number of daily rates quoted 10 1 1
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£276 £325 £500
Average daily rate % change year-on-year
-15.00% -35.00%
UK excluding London average daily rate - £500 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
10324 11289 10531
As % of all contract IT jobs located in London 44.07% 45.54% 46.55%
Number of daily rates quoted 7098 7447 6548
Average daily rate £425 £425 £425
90% offered a daily rate of more than £225 £250 £240
10% offered a daily rate of more than £588 £600 £600
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 263 240 300
Average hourly rate £17.77 £18.00 £20.00
Average hourly rate % change year-on-year
-1.30% -10.00%
90% offered a hourly rate of more than £12.50 £11.57 £12.00
10% offered a hourly rate of more than £37.50 £33.15 £44.00
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

FactSet
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing FactSet across the London region as a proportion of the total demand within 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 26 November 2014.

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 average contractor rates quoted in IT jobs citing FactSet within the London region over the 3 months to 26 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 - 8 £215 - 3
Mayfair - - - -
FactSet
England

FactSet
Top 30 Related IT Skills in London

For the 6 months to 26 November 2014, IT contractor jobs across the London region citing FactSet 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 FactSet.

1 9 (64.29%) Asset Management
2 8 (57.14%) Finance
3 7 (50.00%) Reuters
3 7 (50.00%) Bloomberg
4 6 (42.86%) SQL
4 6 (42.86%) Front Office
5 5 (35.71%) Wyse
5 5 (35.71%) VMware
5 5 (35.71%) Xen
5 5 (35.71%) VMware Infrastructure
5 5 (35.71%) Windows
5 5 (35.71%) MCSE
5 5 (35.71%) MCSA
5 5 (35.71%) Cisco
5 5 (35.71%) Active Directory
5 5 (35.71%) Citrix
5 5 (35.71%) Microsoft Certification
5 5 (35.71%) Blackberry
5 5 (35.71%) Blackberry Enterprise Server
5 5 (35.71%) Hyper-V
5 5 (35.71%) XenApp
5 5 (35.71%) Windows 7
6 4 (28.57%) Investment Management
6 4 (28.57%) Sophis
7 3 (21.43%) Fund Management
7 3 (21.43%) Equities
7 3 (21.43%) StatPro
7 3 (21.43%) Charles River
7 3 (21.43%) VBA
8 2 (14.29%) Sybase

FactSet
Top Related IT Skills in London by Category

For the 6 months to 26 November 2014, IT contractor jobs across the London region citing FactSet 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 FactSet. Up to 20 skills are shown per category.

Application Platforms
1 5 (35.71%) Blackberry Enterprise Server
2 2 (14.29%) Confluence
Applications
1 1 (7.14%) MS Office
Database & Business Intelligence
1 2 (14.29%) Crystal Reports
Development Applications
1 2 (14.29%) Maven
1 2 (14.29%) JIRA
General
1 8 (57.14%) Finance
2 6 (42.86%) Front Office
3 1 (7.14%) Advertising
Job Titles
1 5 (35.71%) Desktop Support Engineer
1 5 (35.71%) Desktop Engineer
1 5 (35.71%) Desktop Support
1 5 (35.71%) Support Engineer
2 4 (28.57%) Applications Support
3 3 (21.43%) Analyst
4 2 (14.29%) Developer
4 2 (14.29%) Support Analyst
4 2 (14.29%) SQL Developer
4 2 (14.29%) Sybase Developer
4 2 (14.29%) Database Developer
4 2 (14.29%) SQL Database Developer
4 2 (14.29%) Applications Support Analyst
5 1 (7.14%) Charles River Support Analyst
5 1 (7.14%) Market Analyst
5 1 (7.14%) Market Data Administrator
5 1 (7.14%) Data Administrator
5 1 (7.14%) Market Data Analyst
5 1 (7.14%) Data Analyst
5 1 (7.14%) Consultant
Libraries, Frameworks & Software Standards
1 1 (7.14%) FIX Protocol
1 1 (7.14%) Middleware
Miscellaneous
1 5 (35.71%) Blackberry
2 3 (21.43%) Equities
3 2 (14.29%) Analytical Skills
4 1 (7.14%) Derivative
4 1 (7.14%) Statistics
Operating Systems
1 5 (35.71%) Windows
1 5 (35.71%) Windows 7
2 1 (7.14%) Linux
2 1 (7.14%) UNIX
Processes & Methodologies
1 9 (64.29%) Asset Management
2 4 (28.57%) Investment Management
3 3 (21.43%) Fund Management
4 2 (14.29%) UML
4 2 (14.29%) Disaster Recovery
4 2 (14.29%) Use Case
4 2 (14.29%) Continuous Integration
4 2 (14.29%) Performance Tuning
5 1 (7.14%) Data Architecture
5 1 (7.14%) Agile Software Development
5 1 (7.14%) Integration Testing
5 1 (7.14%) Business Analysis
5 1 (7.14%) Stakeholder Management
5 1 (7.14%) Project Management
5 1 (7.14%) RAD
Programming Languages
1 6 (42.86%) SQL
2 3 (21.43%) VBA
3 2 (14.29%) T-SQL
4 1 (7.14%) VBScript
4 1 (7.14%) VB
Qualifications
1 5 (35.71%) MCSE
1 5 (35.71%) MCSA
1 5 (35.71%) Microsoft Certification
Quality Assurance & Compliance
1 2 (14.29%) QA
System Software
1 5 (35.71%) Xen
1 5 (35.71%) VMware Infrastructure
1 5 (35.71%) Active Directory
1 5 (35.71%) Hyper-V
1 5 (35.71%) XenApp
Vendors
1 7 (50.00%) Reuters
1 7 (50.00%) Bloomberg
2 5 (35.71%) Wyse
2 5 (35.71%) VMware
2 5 (35.71%) Cisco
2 5 (35.71%) Citrix
3 4 (28.57%) Sophis
4 3 (21.43%) StatPro
4 3 (21.43%) Charles River
5 2 (14.29%) Sybase
5 2 (14.29%) BI-SAM
6 1 (7.14%) thinkFolio
6 1 (7.14%) Microsoft