The table below looks at the statistics for knowledge and experience of VocaLink 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 VocaLink over the 3 months to 13 February 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 VocaLink Limited.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
VocaLink
Rank 407 - 405
Rank change year-on-year
- 0
Contract jobs citing VocaLink 1 0 1
As % of all contract IT jobs located in London 0.005% - 0.005%
As % of the Vendors category 0.012% - 0.010%
Number of daily rates quoted 0 0 1
Average daily rate - - £425
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
VocaLink
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
8453 9457 9803
As % of all contract IT jobs located in London 40.52% 45.10% 44.65%
Number of daily rates quoted 5527 6284 6269
Average daily rate £438 £425 £420
Average daily rate % change year-on-year
+2.94% +1.19%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 144 190 218
Average hourly rate £21.70 £19.34 £18.70
Average hourly rate % change year-on-year
+12.20% +3.42%
90% offered a hourly rate of more than £11.50 £12.50 £13.50
10% offered a hourly rate of more than £50.00 £36.00 £35.00
UK excluding London average hourly rate £21.50 £17.50 £16.50
% change year-on-year
+22.85% +6.06%

VocaLink
Jobs Demand Trend in London

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

VocaLink Jobs Demand Trend in London

VocaLink
Daily Rate Trend in London

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

VocaLink Daily Rate Trend in London

VocaLink
Top 30 Related IT Skills in London

For the 6 months to 13 February 2016, IT contractor jobs across the London region citing VocaLink 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 VocaLink.

1 4 (66.67%) Banking
2 3 (50.00%) Finance
3 2 (33.33%) Project Management
3 2 (33.33%) MS Excel
3 2 (33.33%) MS PowerPoint
3 2 (33.33%) SWIFT
3 2 (33.33%) SEPA
4 1 (16.67%) WorldPay
4 1 (16.67%) Sage Pay
4 1 (16.67%) Elavon
4 1 (16.67%) Ingenico
4 1 (16.67%) Wincor Nixdorf
4 1 (16.67%) Retail Banking
4 1 (16.67%) Project Planning
4 1 (16.67%) Planview
4 1 (16.67%) User Acceptance Testing
4 1 (16.67%) TSYS
4 1 (16.67%) VeriFone
4 1 (16.67%) Stakeholder Management
4 1 (16.67%) APACS
4 1 (16.67%) ISO 8583
4 1 (16.67%) Retail
4 1 (16.67%) Document Management
4 1 (16.67%) Business Analysis
4 1 (16.67%) MS Visio
4 1 (16.67%) ATM
4 1 (16.67%) Sage
4 1 (16.67%) EPoS
4 1 (16.67%) EMV
4 1 (16.67%) Chip and PIN

VocaLink
Top Related IT Skills in London by Category

For the 6 months to 13 February 2016, IT contractor jobs across the London region citing VocaLink 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 VocaLink. Up to 20 skills are shown per category.

Applications
1 2 (33.33%) MS Excel
1 2 (33.33%) MS PowerPoint
2 1 (16.67%) MS Office
2 1 (16.67%) MS Project
2 1 (16.67%) MS Visio
Cloud Services
1 1 (16.67%) Sage Pay
Communications & Networking
1 1 (16.67%) ATM
General
1 4 (66.67%) Banking
2 3 (50.00%) Finance
3 1 (16.67%) Retail
3 1 (16.67%) Retail Banking
Job Titles
1 3 (50.00%) Analyst
2 2 (33.33%) Business Analyst
2 2 (33.33%) Project Analyst
2 2 (33.33%) Test Manager
3 1 (16.67%) EMV Tester
3 1 (16.67%) Project Support Analyst
3 1 (16.67%) Service Analyst
3 1 (16.67%) Support Analyst
3 1 (16.67%) Tester
Miscellaneous
1 2 (33.33%) SWIFT
2 1 (16.67%) APACS
2 1 (16.67%) Chip and PIN
2 1 (16.67%) EFT
2 1 (16.67%) EMV
2 1 (16.67%) EPoS
Processes & Methodologies
1 2 (33.33%) Project Management
2 1 (16.67%) Business Analysis
2 1 (16.67%) Document Management
2 1 (16.67%) Project Planning
2 1 (16.67%) Stakeholder Management
2 1 (16.67%) User Acceptance Testing
Quality Assurance & Compliance
1 2 (33.33%) SEPA
2 1 (16.67%) ISO 8583
Vendors
1 1 (16.67%) CheckPoint
1 1 (16.67%) Elavon
1 1 (16.67%) Ingenico
1 1 (16.67%) Planview
1 1 (16.67%) Sage
1 1 (16.67%) TSYS
1 1 (16.67%) VeriFone
1 1 (16.67%) Wincor Nixdorf
1 1 (16.67%) WorldPay