The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Bloomberg over the 3 months to 19 December 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 Bloomberg.

Location
3 months to
19 Dec 2014
Same period 2013 Same period 2012
Bloomberg
Rank 121 121 106
Rank change year-on-year
0 -15
Contract jobs citing Bloomberg 3 1 2
As % of all contract IT jobs located in Scotland 0.11% 0.040% 0.091%
As % of the Vendors category 0.29% 0.095% 0.20%
Number of daily rates quoted 2 1 0
Average daily rate
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of your Daily Rate
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£413 £500 -
Average daily rate % change year-on-year
-17.50% -
UK excluding London average daily rate £425 £475 £300
% change year-on-year
-10.52% +58.33%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £16.72
UK excluding London average hourly rate - £10.00 £16.72
% change year-on-year
- -40.19%
Bloomberg
UK

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Scotland region.

Vendors Category
Scotland
Contract IT job ads with a match in the
Vendors category
1045 1050 992
As % of all contract IT jobs located in Scotland 37.52% 42.51% 45.26%
Number of daily rates quoted 530 498 478
Average daily rate £359 £350 £330
Average daily rate % change year-on-year
+2.57% +6.06%
90% offered a daily rate of more than £250 £228 £140
10% offered a daily rate of more than £475 £496 £450
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 23 45 40
Average hourly rate £15.77 £17.00 £17.25
Average hourly rate % change year-on-year
-7.23% -1.44%
90% offered a hourly rate of more than £11.20 £9.50 £12.00
10% offered a hourly rate of more than £33.60 £63.75 £40.00
UK excluding London average hourly rate £17.40 £17.00 £19.00
% change year-on-year
+2.35% -10.52%

Bloomberg
Jobs Demand Trend in Scotland

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

Bloomberg Jobs Demand Trend in Scotland

Bloomberg
Daily Rate Trend in Scotland

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

Bloomberg Daily Rate Trend in Scotland

Bloomberg
Hourly Rate Trend in Scotland

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

Bloomberg Hourly Rate Trend in Scotland

Bloomberg
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Bloomberg within the Scotland region over the 3 months to 19 December 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
Edinburgh -8 2 £413 -17.50%
Stirling - 1 - -
Bloomberg
UK

Bloomberg
Top 30 Related IT Skills in Scotland

For the 6 months to 19 December 2014, IT contractor jobs across the Scotland region citing Bloomberg 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 Bloomberg.

1 6 (60.00%) Front Office
1 6 (60.00%) Fixed Income
2 5 (50.00%) Finance
2 5 (50.00%) SQL
3 4 (40.00%) MS Excel
3 4 (40.00%) Agile Software Development
3 4 (40.00%) Asset Management
3 4 (40.00%) Business Analysis
4 3 (30.00%) MS PowerPoint
4 3 (30.00%) Banking
4 3 (30.00%) RIMES
4 3 (30.00%) Reference Data
4 3 (30.00%) Markit EDM
4 3 (30.00%) Relational Database
4 3 (30.00%) Legal
4 3 (30.00%) Migration
4 3 (30.00%) Sybase
4 3 (30.00%) Oracle
4 3 (30.00%) Project Management
4 3 (30.00%) MS Visio
5 2 (20.00%) Reuters
5 2 (20.00%) Charles River
5 2 (20.00%) Data Warehouse
5 2 (20.00%) Back Office
5 2 (20.00%) Risk Management
5 2 (20.00%) Service Delivery
5 2 (20.00%) Analytical Skills
5 2 (20.00%) Investment Management
5 2 (20.00%) Enterprise Data Management
5 2 (20.00%) Derivative

Bloomberg
Top Related IT Skills in Scotland by Category

For the 6 months to 19 December 2014, IT contractor jobs across the Scotland region citing Bloomberg 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 Bloomberg. Up to 20 skills are shown per category.

Applications
1 4 (40.00%) MS Excel
2 3 (30.00%) MS PowerPoint
2 3 (30.00%) MS Visio
Business Applications
1 3 (30.00%) Markit EDM
2 1 (10.00%) FINCAD Analytics
Database & Business Intelligence
1 3 (30.00%) Relational Database
2 2 (20.00%) Data Warehouse
3 1 (10.00%) SQL Server 2008
3 1 (10.00%) SQL Server
Development Applications
1 1 (10.00%) MSTest
1 1 (10.00%) Moq
1 1 (10.00%) Visual Studio
General
1 6 (60.00%) Front Office
2 5 (50.00%) Finance
3 3 (30.00%) Banking
3 3 (30.00%) Legal
4 2 (20.00%) Back Office
Job Titles
1 8 (80.00%) Analyst
2 5 (50.00%) Business Analyst
3 3 (30.00%) Data Analyst
4 2 (20.00%) Project Manager
4 2 (20.00%) Business Project Manager
4 2 (20.00%) Business Manager
5 1 (10.00%) IT Business Analyst
5 1 (10.00%) Market Data Analyst
5 1 (10.00%) Market Analyst
5 1 (10.00%) Service Analyst
5 1 (10.00%) Senior Business Analyst
5 1 (10.00%) Administrator
5 1 (10.00%) Senior Analyst
5 1 (10.00%) .NET Developer
5 1 (10.00%) Services Delivery Analyst
5 1 (10.00%) Developer
Libraries, Frameworks & Software Standards
1 1 (10.00%) Unity DI Container
1 1 (10.00%) .NET
Miscellaneous
1 6 (60.00%) Fixed Income
2 3 (30.00%) Reference Data
3 2 (20.00%) Analytical Skills
3 2 (20.00%) Derivative
3 2 (20.00%) Equity Derivative
4 1 (10.00%) Kindle
Processes & Methodologies
1 4 (40.00%) Agile Software Development
1 4 (40.00%) Asset Management
1 4 (40.00%) Business Analysis
2 3 (30.00%) Migration
2 3 (30.00%) Project Management
3 2 (20.00%) Risk Management
3 2 (20.00%) Service Delivery
3 2 (20.00%) Investment Management
3 2 (20.00%) Enterprise Data Management
3 2 (20.00%) Data Management
4 1 (10.00%) Data Analysis
4 1 (10.00%) Fund Management
4 1 (10.00%) Technical Analysis
4 1 (10.00%) TDD
Programming Languages
1 5 (50.00%) SQL
2 1 (10.00%) C#
2 1 (10.00%) VBA
Qualifications
1 1 (10.00%) Degree
1 1 (10.00%) ISEB
Quality Assurance & Compliance
1 1 (10.00%) ISO 9001
Vendors
1 3 (30.00%) RIMES
1 3 (30.00%) Sybase
1 3 (30.00%) Oracle
2 2 (20.00%) Reuters
2 2 (20.00%) Charles River