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 contractor rates offered in IT contracts that have cited Derivative over the 3 months to 29 May 2016 with a comparison to the same period over 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.

3 months to
29 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 145 112 92
Rank change year-on-year
-33 -20
Contract jobs citing Derivative 6 19 38
As % of all contract IT jobs located in Scotland 0.21% 0.64% 1.46%
As % of the Miscellaneous category 0.58% 2.38% 5.31%
Number of daily rates quoted 1 10 18
Median daily rate £400 £394 £400
Median daily rate % change year-on-year
+1.58% -1.56%
UK excluding London median daily rate £335 £425 £385
% change year-on-year
-21.17% +10.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £42.00
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
1031 797 716
As % of all contract IT jobs located in Scotland 35.55% 26.65% 27.48%
Number of daily rates quoted 561 382 395
Median daily rate £350 £350 £375
Median daily rate % change year-on-year
- -6.66%
90% offered a daily rate of more than £225 £213 £225
10% offered a daily rate of more than £500 £463 £475
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 32 43 23
Median hourly rate £40.00 £27.44 £25.00
Median hourly rate % change year-on-year
+45.77% +9.76%
90% offered a hourly rate of more than £14.19 £13.00 £12.85
10% offered a hourly rate of more than £46.60 £55.00 £27.50
UK excluding London median hourly rate £22.00 £18.24 £20.00
% change year-on-year
+20.64% -8.82%

Derivative
Jobs Demand Trend in Scotland

The demand trend of contract jobs across the Scotland region citing Derivative as a proportion of all IT contracts with a match in 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
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 median contractor rates quoted in IT jobs citing Derivative within the Scotland region over the 3 months to 29 May 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Glasgow -7 6 £400 +4.91% 1
Derivative
UK

Derivative
Top 30 Related IT Skills in Scotland

For the 6 months to 29 May 2016, IT contractor jobs citing Derivative 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 Scotland region with a requirement for Derivative.

1 7 (70.00%) Finance
2 6 (60.00%) Banking
2 6 (60.00%) Java
2 6 (60.00%) SQL
2 6 (60.00%) Linux
2 6 (60.00%) Equity Derivative
3 5 (50.00%) Unix
3 5 (50.00%) Stakeholder Management
3 5 (50.00%) Equities
4 4 (40.00%) Asset Management
4 4 (40.00%) Sybase
4 4 (40.00%) Perl
5 3 (30.00%) C++
5 3 (30.00%) DB2
5 3 (30.00%) OO
5 3 (30.00%) J2SE
5 3 (30.00%) Investment Banking
5 3 (30.00%) Agile Software Development
5 3 (30.00%) Multithreading
5 3 (30.00%) SDLC
5 3 (30.00%) Analytical Skills
6 2 (20.00%) Relational Database
6 2 (20.00%) Translating Business Requirements
6 2 (20.00%) System Testing
6 2 (20.00%) Market Risk
6 2 (20.00%) Front Office
6 2 (20.00%) Software Engineering
6 2 (20.00%) Data Analysis
6 2 (20.00%) Spring
6 2 (20.00%) Data Warehouse

Derivative
Top Related IT Skills in Scotland 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:

Database & Business Intelligence
1 3 (30.00%) DB2
2 2 (20.00%) Data Warehouse
2 2 (20.00%) RDBMS
2 2 (20.00%) Relational Database
Development Applications
1 2 (20.00%) JUnit
General
1 7 (70.00%) Finance
2 6 (60.00%) Banking
3 3 (30.00%) Investment Banking
4 2 (20.00%) Front Office
Job Titles
1 6 (60.00%) Developer
2 4 (40.00%) Analyst
2 4 (40.00%) Business Analyst
3 3 (30.00%) C++ Developer
4 2 (20.00%) Business Data Analyst
4 2 (20.00%) Data Analyst
4 2 (20.00%) Data Business Analyst
4 2 (20.00%) Market Risk Developer
4 2 (20.00%) SQL Analyst
4 2 (20.00%) SQL Data Analyst
4 2 (20.00%) SQL Developer
5 1 (10.00%) Asset Management Analyst
5 1 (10.00%) Asset Management Business Analyst
5 1 (10.00%) Business Change Analyst
5 1 (10.00%) Business Change Business Analyst
5 1 (10.00%) Change Management Business Analyst
5 1 (10.00%) Derivatives Business Analyst
5 1 (10.00%) Insurance Business Analyst
5 1 (10.00%) Java Developer
5 1 (10.00%) Wealth Management Business Analyst
Libraries, Frameworks & Software Standards
1 3 (30.00%) J2SE
2 2 (20.00%) Spring
3 1 (10.00%) Boost C++ Libraries
3 1 (10.00%) JMS
Miscellaneous
1 6 (60.00%) Equity Derivative
2 5 (50.00%) Equities
3 3 (30.00%) Analytical Skills
4 2 (20.00%) Market Risk
Operating Systems
1 6 (60.00%) Linux
2 5 (50.00%) Unix
Processes & Methodologies
1 5 (50.00%) Stakeholder Management
2 4 (40.00%) Asset Management
3 3 (30.00%) Agile Software Development
3 3 (30.00%) Multithreading
3 3 (30.00%) OO
3 3 (30.00%) SDLC
4 2 (20.00%) Data Analysis
4 2 (20.00%) Data Modelling
4 2 (20.00%) OOD
4 2 (20.00%) Software Engineering
4 2 (20.00%) System Testing
4 2 (20.00%) Translating Business Requirements
5 1 (10.00%) Business Analysis
5 1 (10.00%) Change Management
5 1 (10.00%) Database Tuning
5 1 (10.00%) Investment Management
5 1 (10.00%) Performance Tuning
5 1 (10.00%) Unit Testing
5 1 (10.00%) Wealth Management
Programming Languages
1 6 (60.00%) Java
1 6 (60.00%) SQL
2 4 (40.00%) Perl
3 3 (30.00%) C++
4 2 (20.00%) C#
4 2 (20.00%) Python
Vendors
1 4 (40.00%) Sybase