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 8 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 Bloomberg.

Location
3 months to
8 Feb 2016
Same period 2015 Same period 2014
Bloomberg
Rank 127 121 113
Rank change year-on-year
-6 -8
Contract jobs citing Bloomberg 3 1 1
As % of all contract IT jobs located in Scotland 0.12% 0.037% 0.044%
As % of the Vendors category 0.28% 0.10% 0.11%
Number of daily rates quoted 1 1 1
Average daily rate £625 £500 £500
Average daily rate % change year-on-year
+25.00% -
UK excluding London average daily rate £738 £425 £130
% change year-on-year
+73.52% +226.92%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
1056 976 900
As % of all contract IT jobs located in Scotland 41.40% 36.16% 39.68%
Number of daily rates quoted 570 525 401
Average daily rate £368 £375 £351
Average daily rate % change year-on-year
-2.00% +6.99%
90% offered a daily rate of more than £230 £250 £225
10% offered a daily rate of more than £500 £500 £500
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 14 24 31
Average hourly rate £37.50 £22.75 £15.50
Average hourly rate % change year-on-year
+64.83% +46.77%
90% offered a hourly rate of more than £14.50 £11.00 £10.00
10% offered a hourly rate of more than £43.00 £47.50 £30.50
UK excluding London average hourly rate £22.50 £17.40 £16.50
% change year-on-year
+29.31% +5.45%

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 8 February 2016. 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 - 2 £625 - 1
Glasgow +8 1 - -
Bloomberg
UK

Bloomberg
Top 29 Related IT Skills in Scotland

For the 6 months to 8 February 2016, 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 9 (90.00%) Asset Management
2 8 (80.00%) Markit EDM
3 7 (70.00%) Investment Management
4 6 (60.00%) Finance
5 5 (50.00%) Unit4 Business World
5 5 (50.00%) Reuters
5 5 (50.00%) thinkFolio
6 4 (40.00%) .NET
7 3 (30.00%) MiFID
7 3 (30.00%) Eikon
7 3 (30.00%) FactSet
8 2 (20.00%) Analytical Skills
8 2 (20.00%) Equities
8 2 (20.00%) Data Management
8 2 (20.00%) Microsoft
8 2 (20.00%) Portfolio Management
9 1 (10.00%) Data Mapping
9 1 (10.00%) Equity Research
9 1 (10.00%) Ab Initio
9 1 (10.00%) WebSphere MQ
9 1 (10.00%) SQL
9 1 (10.00%) MS Excel
9 1 (10.00%) IBM
9 1 (10.00%) Business Analysis
9 1 (10.00%) WebSphere
9 1 (10.00%) Degree
9 1 (10.00%) Banking
9 1 (10.00%) Fund Management
9 1 (10.00%) IBM Integration Bus

Bloomberg
Top Related IT Skills in Scotland by Category

For the 6 months to 8 February 2016, 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.

Application Platforms
1 1 (10.00%) WebSphere
Applications
1 1 (10.00%) MS Excel
Business Applications
1 8 (80.00%) Markit EDM
2 5 (50.00%) thinkFolio
2 5 (50.00%) Unit4 Business World
3 3 (30.00%) Eikon
General
1 6 (60.00%) Finance
2 1 (10.00%) Banking
Job Titles
1 5 (50.00%) Architect
1 5 (50.00%) Solutions Architect
2 4 (40.00%) Analyst
3 3 (30.00%) Data Analyst
4 2 (20.00%) MiFID Architect
4 2 (20.00%) Senior Analyst
4 2 (20.00%) Senior Data Analyst
5 1 (10.00%) Business Analyst
5 1 (10.00%) Business IT Analyst
5 1 (10.00%) Database Analyst
5 1 (10.00%) IT Analyst
5 1 (10.00%) IT Business Analyst
5 1 (10.00%) Market Analyst
5 1 (10.00%) Market Data Analyst
5 1 (10.00%) Project Manager
Libraries, Frameworks & Software Standards
1 4 (40.00%) .NET
2 1 (10.00%) IBM Integration Bus
2 1 (10.00%) WebSphere MQ
Miscellaneous
1 2 (20.00%) Analytical Skills
1 2 (20.00%) Equities
Processes & Methodologies
1 9 (90.00%) Asset Management
2 7 (70.00%) Investment Management
3 2 (20.00%) Data Management
3 2 (20.00%) Portfolio Management
4 1 (10.00%) Business Analysis
4 1 (10.00%) Data Mapping
4 1 (10.00%) Equity Research
4 1 (10.00%) Fund Management
Programming Languages
1 1 (10.00%) SQL
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 3 (30.00%) MiFID
Vendors
1 5 (50.00%) Reuters
2 3 (30.00%) FactSet
3 2 (20.00%) Microsoft
4 1 (10.00%) Ab Initio
4 1 (10.00%) IBM