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 contractor rates offered in IT contracts that have cited VocaLink over the 3 months to 29 June 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.

3 months to
29 Jun 2016
Same period 2015 Same period 2014
VocaLink
Rank 426 428 -
Rank change year-on-year
+2 -
Contract jobs citing VocaLink 2 3 0
As % of all contract IT jobs located in London 0.009% 0.013% -
As % of the Vendors category 0.022% 0.029% -
Number of daily rates quoted 1 0 0
Median daily rate £488 - -
UK excluding London median daily rate £500 £500 £390
% change year-on-year
- +28.20%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
8889 10319 10095
As % of all contract IT jobs located in London 41.14% 44.16% 44.07%
Number of daily rates quoted 6120 6826 6475
Median daily rate £450 £425 £415
Median daily rate % change year-on-year
+5.88% +2.40%
90% offered a daily rate of more than £275 £250 £238
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 107 254 201
Median hourly rate £18.00 £20.00 £19.00
Median hourly rate % change year-on-year
-10.00% +5.26%
90% offered a hourly rate of more than £11.85 £12.91 £14.00
10% offered a hourly rate of more than £42.33 £52.17 £32.03
UK excluding London median hourly rate £20.83 £18.46 £17.00
% change year-on-year
+12.83% +8.58%

VocaLink
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing VocaLink as a proportion of all IT contracts with a match in 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 29 June 2016, IT contractor jobs citing VocaLink 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 VocaLink.

1 3 (75.00%) Banking
2 2 (50.00%) Retail
2 2 (50.00%) ATM
2 2 (50.00%) Retail Banking
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) PowerShell
3 1 (25.00%) TSYS
3 1 (25.00%) VeriFone
3 1 (25.00%) SWIFT
3 1 (25.00%) WorldPay
3 1 (25.00%) Sage Pay
3 1 (25.00%) Elavon
3 1 (25.00%) Ingenico
3 1 (25.00%) SEPA
3 1 (25.00%) Unix
3 1 (25.00%) AIX
3 1 (25.00%) E-Commerce
3 1 (25.00%) Sage
3 1 (25.00%) EPoS
3 1 (25.00%) EMV
3 1 (25.00%) Chip and PIN
3 1 (25.00%) EFT
3 1 (25.00%) EFTPOS
3 1 (25.00%) Smartcard
3 1 (25.00%) Mobile Commerce
3 1 (25.00%) GAP Analysis
3 1 (25.00%) BASE24
3 1 (25.00%) APACS
3 1 (25.00%) ISO 8583
3 1 (25.00%) VisionPLUS

VocaLink
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:

Business Applications
1 1 (25.00%) BASE24
1 1 (25.00%) VisionPLUS
Cloud Services
1 1 (25.00%) Sage Pay
Communications & Networking
1 2 (50.00%) ATM
General
1 3 (75.00%) Banking
2 2 (50.00%) Retail
2 2 (50.00%) Retail Banking
Job Titles
1 2 (50.00%) Analyst
2 1 (25.00%) AIX Specialist
2 1 (25.00%) Business Analyst
2 1 (25.00%) Payments Business Analyst
2 1 (25.00%) Test Analyst
2 1 (25.00%) Test Manager
Miscellaneous
1 1 (25.00%) APACS
1 1 (25.00%) Chip and PIN
1 1 (25.00%) EFT
1 1 (25.00%) EFTPOS
1 1 (25.00%) EMV
1 1 (25.00%) EPoS
1 1 (25.00%) Smartcard
1 1 (25.00%) SWIFT
Operating Systems
1 1 (25.00%) AIX
1 1 (25.00%) Unix
Processes & Methodologies
1 1 (25.00%) E-Commerce
1 1 (25.00%) GAP Analysis
1 1 (25.00%) Mobile Commerce
1 1 (25.00%) User Acceptance Testing
Programming Languages
1 1 (25.00%) PowerShell
Quality Assurance & Compliance
1 1 (25.00%) ISO 8583
1 1 (25.00%) SEPA
Vendors
1 1 (25.00%) Elavon
1 1 (25.00%) Ingenico
1 1 (25.00%) Sage
1 1 (25.00%) TSYS
1 1 (25.00%) VeriFone
1 1 (25.00%) Wincor Nixdorf
1 1 (25.00%) WorldPay