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 23 October 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
23 Oct 2014
Same period 2013 Same period 2012
Derivatives
Rank 89 112 88
Rank change year-on-year
+23 -24
Contract jobs citing Derivative 31 5 24
As % of all contract IT jobs located in Scotland 1.13% 0.20% 0.98%
As % of the Miscellaneous category 4.43% 0.80% 3.95%
Number of daily rates quoted 14 4 17
Average daily rate
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of your Daily Rate
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£438 £438 £375
Average daily rate % change year-on-year
- +16.66%
90% offered a daily rate of more than £400 £408 £253
10% offered a daily rate of more than £535 £450 £500
UK excluding London average daily rate £350 £450 £400
% change year-on-year
-22.22% +12.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £28.69 £90.00 -
% change year-on-year
-68.12% -
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
699 627 608
As % of all contract IT jobs located in Scotland 25.42% 25.23% 24.91%
Number of daily rates quoted 383 288 263
Average daily rate £350 £365 £325
Average daily rate % change year-on-year
-4.10% +12.30%
90% offered a daily rate of more than £176 £230 £200
10% offered a daily rate of more than £500 £500 £475
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.14% -
Number of hourly rates quoted 19 29 37
Average hourly rate £12.71 £13.22 £17.50
Average hourly rate % change year-on-year
-3.85% -24.45%
90% offered a hourly rate of more than £10.25 £9.77 £10.25
10% offered a hourly rate of more than £42.50 £21.50 £40.00
UK excluding London average hourly rate £17.50 £17.69 £21.00
% change year-on-year
-1.07% -15.76%

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 23 October 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 23 October 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 +11 14 £450 - 1
Stirling +3 10 - -
Glasgow -2 7 £425 +6.25% 3
Derivative
UK

Derivative
Top 30 Related IT Skills in Scotland

For the 6 months to 23 October 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 29 (46.03%) Front Office
2 28 (44.44%) Asset Management
3 23 (36.51%) Finance
4 20 (31.75%) Investment Management
5 16 (25.40%) Foreign Exchange (FX)
6 12 (19.05%) EMIR
7 11 (17.46%) Java
7 11 (17.46%) OO
8 10 (15.87%) XML
8 10 (15.87%) Stakeholder Management
8 10 (15.87%) Banking
9 9 (14.29%) Investment Banking
9 9 (14.29%) Fixed Income
9 9 (14.29%) Project Management
9 9 (14.29%) Back Office
10 8 (12.70%) Charles River
11 7 (11.11%) Business Analysis
12 6 (9.52%) Agile Software Development
12 6 (9.52%) Java SE
12 6 (9.52%) Clojure
12 6 (9.52%) NoSQL
12 6 (9.52%) REST
12 6 (9.52%) XSLT
12 6 (9.52%) Calypso
12 6 (9.52%) Functional Programming
12 6 (9.52%) Analytical Skills
13 5 (7.94%) UNIX
13 5 (7.94%) SQL
13 5 (7.94%) C#
13 5 (7.94%) Risk Management

Derivative
Top Related IT Skills in Scotland by Category

For the 6 months to 23 October 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.

Applications
1 1 (1.59%) MS PowerPoint
Business Applications
1 1 (1.59%) Summit
Communications & Networking
1 4 (6.35%) HTTP
Database & Business Intelligence
1 6 (9.52%) NoSQL
2 1 (1.59%) SQL Server
2 1 (1.59%) DB2
2 1 (1.59%) Data Mining
2 1 (1.59%) Data Warehouse
2 1 (1.59%) Sybase IQ
2 1 (1.59%) KDB
Development Applications
1 2 (3.17%) Maven
1 2 (3.17%) Ant
2 1 (1.59%) ClearCase
2 1 (1.59%) Git (software)
2 1 (1.59%) Subversion
General
1 29 (46.03%) Front Office
2 23 (36.51%) Finance
3 10 (15.87%) Banking
4 9 (14.29%) Investment Banking
4 9 (14.29%) Back Office
5 4 (6.35%) Legal
5 4 (6.35%) Advertising
6 1 (1.59%) French Language
6 1 (1.59%) Marketing
Job Titles
1 20 (31.75%) Developer
2 17 (26.98%) Project Manager
3 15 (23.81%) Analyst
4 14 (22.22%) Business Analyst
5 8 (12.70%) Senior Developer
6 6 (9.52%) Delivery Manager
6 6 (9.52%) Project Delivery Manager
7 5 (7.94%) Programme Manager
8 4 (6.35%) UI Programmer
8 4 (6.35%) UI Developer
9 3 (4.76%) Java Developer
9 3 (4.76%) Senior Manager
9 3 (4.76%) C# Developer
10 2 (3.17%) Senior Java Developer
10 2 (3.17%) Senior Test Manager
10 2 (3.17%) Banking Business Analyst
10 2 (3.17%) Investment Banking Business Analyst
10 2 (3.17%) WPF Developer
10 2 (3.17%) C++ Developer
10 2 (3.17%) Test Manager
Libraries, Frameworks & Software Standards
1 10 (15.87%) XML
2 6 (9.52%) Java SE
2 6 (9.52%) REST
2 6 (9.52%) XSLT
3 4 (6.35%) WPF
3 4 (6.35%) AngularJS
3 4 (6.35%) HTML5
3 4 (6.35%) HTML
4 3 (4.76%) Reactive Extensions
5 2 (3.17%) GWT
5 2 (3.17%) Boost C++ Libraries
5 2 (3.17%) Web Services
5 2 (3.17%) .NET
5 2 (3.17%) Servlets
5 2 (3.17%) SOAP
6 1 (1.59%) STL
6 1 (1.59%) FIX Protocol
6 1 (1.59%) Spring
Miscellaneous
1 16 (25.40%) Foreign Exchange (FX)
2 9 (14.29%) Fixed Income
3 6 (9.52%) Analytical Skills
4 5 (7.94%) Equities
4 5 (7.94%) Equity Derivative
5 2 (3.17%) Market Risk
6 1 (1.59%) Management Information System
Operating Systems
1 5 (7.94%) UNIX
2 3 (4.76%) Linux
Processes & Methodologies
1 28 (44.44%) Asset Management
2 20 (31.75%) Investment Management
3 11 (17.46%) OO
4 10 (15.87%) Stakeholder Management
5 9 (14.29%) Project Management
6 7 (11.11%) Business Analysis
7 6 (9.52%) Agile Software Development
7 6 (9.52%) Functional Programming
8 5 (7.94%) Risk Management
8 5 (7.94%) TDD
9 4 (6.35%) Stakeholder Engagement
9 4 (6.35%) Multithreading
10 3 (4.76%) E-Commerce
10 3 (4.76%) PRINCE2
10 3 (4.76%) Programme Management
10 3 (4.76%) Fund Accounting
11 2 (3.17%) Data Analysis
11 2 (3.17%) Financial Analysis
11 2 (3.17%) Financial Modelling
11 2 (3.17%) User Acceptance Testing
Programming Languages
1 11 (17.46%) Java
2 6 (9.52%) Clojure
3 5 (7.94%) SQL
3 5 (7.94%) C#
4 4 (6.35%) Haskell
4 4 (6.35%) Scala
4 4 (6.35%) JavaScript
5 2 (3.17%) Shell Script
5 2 (3.17%) Python
5 2 (3.17%) Lisp
5 2 (3.17%) C++
6 1 (1.59%) C
6 1 (1.59%) Perl
6 1 (1.59%) T-SQL
Qualifications
1 3 (4.76%) Degree
2 1 (1.59%) ISEB
2 1 (1.59%) CISSP
2 1 (1.59%) CISA
2 1 (1.59%) CISM
2 1 (1.59%) IIBA
2 1 (1.59%) CRISC
Quality Assurance & Compliance
1 12 (19.05%) EMIR
2 5 (7.94%) Dodd-Frank
3 1 (1.59%) Sarbanes-Oxley
3 1 (1.59%) ISO/IEC 27001
3 1 (1.59%) COBIT
Systems Management
1 2 (3.17%) HP Quality Center
Vendors
1 8 (12.70%) Charles River
2 6 (9.52%) Calypso
3 4 (6.35%) Sybase
3 4 (6.35%) Microsoft
4 1 (1.59%) Murex