The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative 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.

Location
3 months to
19 Dec 2014
Same period 2013 Same period 2012
Derivatives
Rank 110 114 96
Rank change year-on-year
+4 -18
Contract jobs citing Derivative 14 8 12
As % of all contract IT jobs located in Scotland 0.50% 0.32% 0.55%
As % of the Miscellaneous category 1.99% 1.37% 2.52%
Number of daily rates quoted 6 6 7
Average daily rate
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£413 £488 £375
Average daily rate % change year-on-year
-15.38% +30.00%
UK excluding London average daily rate £390 £425 £375
% change year-on-year
-8.23% +13.33%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £28.69 - -
Derivative
UK

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

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
705 582 477
As % of all contract IT jobs located in Scotland 25.31% 23.56% 21.76%
Number of daily rates quoted 366 268 223
Average daily rate £375 £375 £325
Average daily rate % change year-on-year
- +15.38%
90% offered a daily rate of more than £250 £250 £132
10% offered a daily rate of more than £500 £500 £450
UK excluding London average daily rate £370 £350 £340
% change year-on-year
+5.71% +2.94%
Number of hourly rates quoted 14 26 24
Average hourly rate £15.77 £15.00 £16.75
Average hourly rate % change year-on-year
+5.13% -10.44%
90% offered a hourly rate of more than £11.00 £10.86 £12.13
10% offered a hourly rate of more than £38.75 £19.00 £32.50
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

Derivative
Jobs Demand Trend in Scotland

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

Derivative Jobs Demand Trend in Scotland

Derivative
Daily Rate Trend in Scotland

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

Derivative Daily Rate Trend in Scotland

Derivative
Daily Rate Histogram in Scotland

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Scotland region over the 3 months to 19 December 2014.

Derivative Daily Rate Histogram in Scotland

Derivative
Hourly Rate Trend in Scotland

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

Derivative Hourly Rate Trend in Scotland

Derivative
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 Derivative 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 -6 9 £425 -15.00% 2
Glasgow -1 3 - -
Stirling - 2 £390 -
Derivative
UK

Derivative
Top 30 Related IT Skills in Scotland

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

1 27 (55.10%) Front Office
2 17 (34.69%) Asset Management
3 16 (32.65%) Finance
4 14 (28.57%) Foreign Exchange (FX)
4 14 (28.57%) Investment Management
5 12 (24.49%) Java
6 10 (20.41%) XML
6 10 (20.41%) Project Management
6 10 (20.41%) OO
7 9 (18.37%) Stakeholder Management
8 8 (16.33%) Banking
9 7 (14.29%) Back Office
9 7 (14.29%) SQL
9 7 (14.29%) EMIR
10 6 (12.24%) Functional Programming
10 6 (12.24%) Analytical Skills
10 6 (12.24%) Clojure
10 6 (12.24%) NoSQL
10 6 (12.24%) REST
10 6 (12.24%) Investment Banking
10 6 (12.24%) Java SE
10 6 (12.24%) XSLT
10 6 (12.24%) UNIX
10 6 (12.24%) Risk Management
11 5 (10.20%) Fixed Income
11 5 (10.20%) Agile Software Development
11 5 (10.20%) Business Analysis
12 4 (8.16%) Equity Derivative
12 4 (8.16%) Scala
12 4 (8.16%) HTML5

Derivative
Top Related IT Skills in Scotland by Category

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

Business Applications
1 2 (4.08%) Markit EDM
Communications & Networking
1 4 (8.16%) HTTP
Database & Business Intelligence
1 6 (12.24%) NoSQL
2 3 (6.12%) Data Warehouse
3 1 (2.04%) DB2
Development Applications
1 2 (4.08%) Maven
1 2 (4.08%) Ant
General
1 27 (55.10%) Front Office
2 16 (32.65%) Finance
3 8 (16.33%) Banking
4 7 (14.29%) Back Office
5 6 (12.24%) Investment Banking
6 3 (6.12%) Advertising
7 2 (4.08%) Legal
8 1 (2.04%) Marketing
Job Titles
1 19 (38.78%) Developer
2 17 (34.69%) Project Manager
3 11 (22.45%) Analyst
4 9 (18.37%) Business Analyst
4 9 (18.37%) Senior Developer
5 4 (8.16%) UI Developer
5 4 (8.16%) UI Programmer
5 4 (8.16%) Java Developer
6 3 (6.12%) Data Analyst
6 3 (6.12%) C# Developer
6 3 (6.12%) Senior Java Developer
7 2 (4.08%) Banking Business Analyst
7 2 (4.08%) Business Manager
7 2 (4.08%) Investment Banking Business Analyst
7 2 (4.08%) WPF Developer
7 2 (4.08%) Business Project Manager
7 2 (4.08%) Senior Manager
7 2 (4.08%) Senior Project Manager
8 1 (2.04%) .NET Developer
8 1 (2.04%) C++ Developer
Libraries, Frameworks & Software Standards
1 10 (20.41%) XML
2 6 (12.24%) REST
2 6 (12.24%) Java SE
2 6 (12.24%) XSLT
3 4 (8.16%) HTML5
3 4 (8.16%) WPF
3 4 (8.16%) AngularJS
3 4 (8.16%) HTML
4 3 (6.12%) Reactive Extensions
4 3 (6.12%) Spring
5 2 (4.08%) GWT
5 2 (4.08%) JMS
5 2 (4.08%) Web Services
5 2 (4.08%) Servlets
5 2 (4.08%) SOAP
6 1 (2.04%) STL
6 1 (2.04%) .NET
6 1 (2.04%) Boost C++ Libraries
Miscellaneous
1 14 (28.57%) Foreign Exchange (FX)
2 6 (12.24%) Analytical Skills
3 5 (10.20%) Fixed Income
4 4 (8.16%) Equity Derivative
5 3 (6.12%) Equities
6 2 (4.08%) Market Risk
7 1 (2.04%) Management Information System
Operating Systems
1 6 (12.24%) UNIX
2 1 (2.04%) Linux
Processes & Methodologies
1 17 (34.69%) Asset Management
2 14 (28.57%) Investment Management
3 10 (20.41%) Project Management
3 10 (20.41%) OO
4 9 (18.37%) Stakeholder Management
5 6 (12.24%) Functional Programming
5 6 (12.24%) Risk Management
6 5 (10.20%) Agile Software Development
6 5 (10.20%) Business Analysis
7 4 (8.16%) TDD
8 3 (6.12%) E-Commerce
8 3 (6.12%) Project Planning
8 3 (6.12%) Multithreading
8 3 (6.12%) Business Process Improvement
8 3 (6.12%) Fund Accounting
9 2 (4.08%) Data Management
9 2 (4.08%) Wealth Management
9 2 (4.08%) Enterprise Data Management
9 2 (4.08%) Business Transformation
9 2 (4.08%) Migration
Programming Languages
1 12 (24.49%) Java
2 7 (14.29%) SQL
3 6 (12.24%) Clojure
4 4 (8.16%) Scala
4 4 (8.16%) Haskell
4 4 (8.16%) JavaScript
4 4 (8.16%) C#
5 2 (4.08%) Lisp
5 2 (4.08%) Shell Script
6 1 (2.04%) C
6 1 (2.04%) C++
6 1 (2.04%) T-SQL
Qualifications
1 1 (2.04%) CISSP
1 1 (2.04%) CISA
1 1 (2.04%) CISM
1 1 (2.04%) CRISC
Quality Assurance & Compliance
1 7 (14.29%) EMIR
2 1 (2.04%) Sarbanes-Oxley
2 1 (2.04%) Dodd-Frank
2 1 (2.04%) ISO/IEC 27001
2 1 (2.04%) COBIT
Vendors
1 3 (6.12%) Sybase
1 3 (6.12%) Microsoft
2 2 (4.08%) RIMES
2 2 (4.08%) Bloomberg
3 1 (2.04%) Charles River
Edinburgh
Cathcart Associates
Rate: £450 - £550 per day
Posted: 23 days ago