The table below looks at the statistics for Greeks skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Greeks over the 3 months to 1 July 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
1 Jul 2015
Same period 2014 Same period 2013
Greeks
Rank 390 377 369
Rank change year-on-year
-13 -8
Contract jobs citing Greeks 21 29 31
As % of all contract IT jobs located in London 0.090% 0.12% 0.13%
As % of the Processes & Methodologies category 0.11% 0.16% 0.17%
Number of daily rates quoted 19 24 28
Average daily rate
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£600 £575 £550
Average daily rate % change year-on-year
+4.34% +4.54%
90% offered a daily rate of more than £562 £500 £487
10% offered a daily rate of more than £625 £650 £633
UK excluding London average daily rate - - £600
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Greeks
England

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

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18421 18351 18406
As % of all contract IT jobs located in London 78.78% 78.90% 78.56%
Number of daily rates quoted 13094 12989 12700
Average daily rate £450 £440 £450
Average daily rate % change year-on-year
+2.27% -2.22%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £388 £375 £365
% change year-on-year
+3.33% +2.73%
Number of hourly rates quoted 227 230 281
Average hourly rate £22.00 £20.00 £28.00
Average hourly rate % change year-on-year
+10.00% -28.57%
90% offered a hourly rate of more than £11.00 £12.82 £15.00
10% offered a hourly rate of more than £55.00 £53.00 £55.00
UK excluding London average hourly rate £30.00 £28.99 £30.50
% change year-on-year
+3.48% -4.95%

Greeks
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Greeks across the London region as a proportion of the total demand within the Processes & Methodologies category.

Greeks Jobs Demand Trend in London

Greeks
Daily Rate Trend in London

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

Greeks Daily Rate Trend in London

Greeks
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks across the London region over the 3 months to 1 July 2015.

Greeks Daily Rate Histogram in London

Greeks
Hourly Rate Trend in London

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

Greeks Hourly Rate Trend in London

Greeks
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 Greeks within the London region over the 3 months to 1 July 2015. 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 +1 17 £603 -3.60% 1
Greeks
England

Greeks
Top 30 Related IT Skills in London

For the 6 months to 1 July 2015, IT contractor jobs across the London region citing Greeks 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 Greeks.

1 39 (84.78%) Front Office
2 25 (54.35%) SQL
3 24 (52.17%) C#
4 23 (50.00%) Banking
4 23 (50.00%) Derivative
5 21 (45.65%) Investment Banking
6 20 (43.48%) Finance
7 17 (36.96%) .NET
7 17 (36.96%) Multithreading
8 14 (30.43%) Java
9 10 (21.74%) Credit Derivative
9 10 (21.74%) Garbage Collection
10 9 (19.57%) Business Analysis
10 9 (19.57%) Risk Management
10 9 (19.57%) Equities
10 9 (19.57%) Market Risk
11 8 (17.39%) VBA
11 8 (17.39%) Unit Testing
12 7 (15.22%) SQL Server
12 7 (15.22%) OO
12 7 (15.22%) RAD
12 7 (15.22%) Python
12 7 (15.22%) Credit Risk
13 6 (13.04%) Degree
13 6 (13.04%) French Language
13 6 (13.04%) JavaScript
13 6 (13.04%) Migration
13 6 (13.04%) Data Migration
14 5 (10.87%) Quantitative Analysis
15 4 (8.70%) Regression Testing

Greeks
Top Related IT Skills in London by Category

For the 6 months to 1 July 2015, IT contractor jobs across the London region citing Greeks 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 Greeks. Up to 20 skills are shown per category.

Applications
1 2 (4.35%) Spreadsheet
Database & Business Intelligence
1 7 (15.22%) SQL Server
2 1 (2.17%) Data Warehouse
2 1 (2.17%) Hadoop
2 1 (2.17%) Big Data
2 1 (2.17%) Oracle Database
General
1 39 (84.78%) Front Office
2 23 (50.00%) Banking
3 21 (45.65%) Investment Banking
4 20 (43.48%) Finance
5 6 (13.04%) French Language
Job Titles
1 31 (67.39%) Developer
2 23 (50.00%) C# Developer
3 22 (47.83%) Senior C# Developer
3 22 (47.83%) Senior Developer
4 13 (28.26%) Analyst
5 12 (26.09%) Business Analyst
6 7 (15.22%) Java Developer
7 6 (13.04%) Python Developer
7 6 (13.04%) Excel Developer
8 5 (10.87%) RAD Developer
9 4 (8.70%) Banking Business Analyst
10 3 (6.52%) Risk Analyst
11 2 (4.35%) Market Risk Analyst
11 2 (4.35%) Front Office Developer
11 2 (4.35%) Investment Banking Business Analyst
12 1 (2.17%) Functional Tester
12 1 (2.17%) Market Analyst
12 1 (2.17%) Market Risk Business Analyst
12 1 (2.17%) Automation Test Analyst
12 1 (2.17%) Automation Analyst
Libraries, Frameworks & Software Standards
1 17 (36.96%) .NET
2 4 (8.70%) XML
2 4 (8.70%) FpML
3 2 (4.35%) WPF
4 1 (2.17%) WCF
Miscellaneous
1 23 (50.00%) Derivative
2 10 (21.74%) Credit Derivative
3 9 (19.57%) Equities
3 9 (19.57%) Market Risk
4 7 (15.22%) Credit Risk
5 3 (6.52%) Foreign Exchange (FX)
6 2 (4.35%) Fixed Income
7 1 (2.17%) Analytical Skills
7 1 (2.17%) Equity Derivative
Processes & Methodologies
1 17 (36.96%) Multithreading
2 10 (21.74%) Garbage Collection
3 9 (19.57%) Business Analysis
3 9 (19.57%) Risk Management
4 8 (17.39%) Unit Testing
5 7 (15.22%) OO
5 7 (15.22%) RAD
6 6 (13.04%) Migration
6 6 (13.04%) Data Migration
7 5 (10.87%) Quantitative Analysis
8 4 (8.70%) Test Scripting
8 4 (8.70%) Regression Testing
8 4 (8.70%) Monte Carlo Method
8 4 (8.70%) Stress Testing
9 3 (6.52%) Analytics
10 2 (4.35%) SDLC
10 2 (4.35%) Use Case
10 2 (4.35%) User Acceptance Testing
11 1 (2.17%) Continuous Integration
11 1 (2.17%) Time Management
Programming Languages
1 25 (54.35%) SQL
2 24 (52.17%) C#
3 14 (30.43%) Java
4 8 (17.39%) VBA
5 7 (15.22%) Python
6 6 (13.04%) JavaScript
7 3 (6.52%) C
8 1 (2.17%) PL/SQL
8 1 (2.17%) Go
8 1 (2.17%) T-SQL
Qualifications
1 6 (13.04%) Degree
Quality Assurance & Compliance
1 2 (4.35%) QA
Vendors
1 1 (2.17%) Oracle
City of London
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