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 3 May 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
3 May 2016
Same period 2015 Same period 2014
VocaLink
Rank 442 419 -
Rank change year-on-year
-23 -
Contract jobs citing VocaLink 2 1 0
As % of all contract IT jobs located in London 0.009% 0.004% -
As % of the Vendors category 0.021% 0.010% -
Number of daily rates quoted 1 0 0
Median daily rate £325 - -
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
9412 9917 10448
As % of all contract IT jobs located in London 41.20% 44.41% 44.08%
Number of daily rates quoted 6403 6421 6824
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £600 £588 £600
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 121 222 215
Median hourly rate £19.00 £18.85 £19.00
Median hourly rate % change year-on-year
+0.79% -0.78%
90% offered a hourly rate of more than £10.00 £13.00 £14.00
10% offered a hourly rate of more than £36.38 £42.50 £33.75
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

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 3 May 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 2 (50.00%) ATM
1 2 (50.00%) Retail Banking
1 2 (50.00%) Banking
1 2 (50.00%) Retail
2 1 (25.00%) VisionPLUS
2 1 (25.00%) Document Management
2 1 (25.00%) MS PowerPoint
2 1 (25.00%) Wincor Nixdorf
2 1 (25.00%) MS Office
2 1 (25.00%) MS Excel
2 1 (25.00%) E-Commerce
2 1 (25.00%) Planview
2 1 (25.00%) User Acceptance Testing
2 1 (25.00%) TSYS
2 1 (25.00%) VeriFone
2 1 (25.00%) SWIFT
2 1 (25.00%) WorldPay
2 1 (25.00%) Sage Pay
2 1 (25.00%) Elavon
2 1 (25.00%) Ingenico
2 1 (25.00%) SEPA
2 1 (25.00%) Sage
2 1 (25.00%) EPoS
2 1 (25.00%) EMV
2 1 (25.00%) Chip and PIN
2 1 (25.00%) EFT
2 1 (25.00%) EFTPOS
2 1 (25.00%) CheckPoint
2 1 (25.00%) Smartcard
2 1 (25.00%) Mobile Commerce

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:

Applications
1 1 (25.00%) MS Excel
1 1 (25.00%) MS Office
1 1 (25.00%) MS PowerPoint
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 2 (50.00%) Banking
1 2 (50.00%) Retail
1 2 (50.00%) Retail Banking
2 1 (25.00%) Finance
Job Titles
1 3 (75.00%) Analyst
2 1 (25.00%) Business Analyst
2 1 (25.00%) Payments Business Analyst
2 1 (25.00%) Project Analyst
2 1 (25.00%) Project Support Analyst
2 1 (25.00%) Support 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
Processes & Methodologies
1 1 (25.00%) Document Management
1 1 (25.00%) E-Commerce
1 1 (25.00%) GAP Analysis
1 1 (25.00%) Mobile Commerce
1 1 (25.00%) Project Management
1 1 (25.00%) User Acceptance Testing
Quality Assurance & Compliance
1 1 (25.00%) ISO 8583
1 1 (25.00%) SEPA
Vendors
1 1 (25.00%) CheckPoint
1 1 (25.00%) Elavon
1 1 (25.00%) Ingenico
1 1 (25.00%) Planview
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