The first 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 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Scotland region.

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
24 May 2013
Same period 2012 Same period 2011
Derivatives
Rank 97 94 101
Rank change year-on-year
-3 +7
Contract jobs citing Derivative 21 16 10
As % of all contract IT jobs located in Scotland 0.861% 0.602% 0.362%
As % of the Miscellaneous category 3.431% 3.579% 2.551%
Number of daily rates quoted 10 5 8
Average daily rate £463 £450 £360
Average daily rate % change year-on-year
+2.77% +25.00%
90% offered a daily rate of more than £334 £338 £325
10% offered a daily rate of more than £590 £671 £456
UK excluding London average daily rate £425 £400 £390
% change year-on-year
+6.25% +2.56%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.00 - -
UK excluding London average hourly rate £17.00 £22.50 -
% change year-on-year
-24.44% -
All of the Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
612 447 392
As % of all contract IT jobs located in Scotland 25.09% 16.80% 14.19%
Number of daily rates quoted 290 188 170
Average daily rate £375 £350 £350
Average daily rate % change year-on-year
+7.14% -
90% offered a daily rate of more than £261 £197 £210
10% offered a daily rate of more than £500 £475 £525
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 21 35 19
Average hourly rate £15.77 £26.00 £30.00
Average hourly rate % change year-on-year
-39.34% -13.33%
90% offered a hourly rate of more than £12.42 £11.40 £13.95
10% offered a hourly rate of more than £36.00 £34.50 £161.50
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Derivative
UK

Derivative
Jobs Demand Trend

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.

Scotland Derivative Jobs Demand Trend

Derivative
Daily Rate Trend

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

Scotland Derivative Daily Rate Trend

Derivative
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative across the Scotland region over the 3 months to 24 May 2013.

Scotland Derivative Daily Rate Histogram

Derivative
Hourly Rate Trend

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

Scotland Derivative Hourly Rate Trend

Derivative
Contract Locations

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 24 May 2013. 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 each for more statistics)
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
Glasgow -6 12 £450 -
Stirling - 6 £375 -
Edinburgh +2 1 £725 +61.11%
Derivative
UK

Derivative
Top 30 Related IT Skills

For the 6 months to 24 May 2013, 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 26 (56.52%) Finance
2 21 (45.65%) Java
3 20 (43.48%) Equity Derivative
4 19 (41.30%) SQL
5 16 (34.78%) UNIX
6 14 (30.43%) Shell Script
7 12 (26.09%) Linux
7 12 (26.09%) C#
7 12 (26.09%) Sybase
7 12 (26.09%) Banking
8 10 (21.74%) Equities
8 10 (21.74%) Data Warehouse
9 9 (19.57%) C++
9 9 (19.57%) Investment Banking
10 8 (17.39%) Risk Management
10 8 (17.39%) Perl
11 6 (13.04%) Regression Testing
11 6 (13.04%) ETL
11 6 (13.04%) Sybase IQ
11 6 (13.04%) Data Analysis
11 6 (13.04%) Software Testing
11 6 (13.04%) QA
12 5 (10.87%) SQL Server Integration Services
12 5 (10.87%) XPath
12 5 (10.87%) Spring
12 5 (10.87%) TDD
12 5 (10.87%) SQL Server Reporting Services
12 5 (10.87%) Data Mining
12 5 (10.87%) Sun
12 5 (10.87%) SQL Server

Derivative
Top Related IT Skills by Category

For the 6 months to 24 May 2013, 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.

Application Development
1 5 (10.87%) Spring
1 5 (10.87%) JMS
1 5 (10.87%) XML
2 4 (8.696%) J2SE
2 4 (8.696%) .NET
3 3 (6.522%) Silverlight
4 2 (4.348%) RESTful
4 2 (4.348%) Smart GWT
4 2 (4.348%) J2EE
4 2 (4.348%) SOAP
4 2 (4.348%) WinForms
5 1 (2.174%) FIX Protocol
5 1 (2.174%) Apache Flex
5 1 (2.174%) WPF
5 1 (2.174%) JSON
5 1 (2.174%) ASP.NET
5 1 (2.174%) CSS
5 1 (2.174%) ASP.NET MVC
Application Platforms
1 2 (4.348%) Tomcat
Communications & Networking
1 2 (4.348%) FTP
2 1 (2.174%) Internet
2 1 (2.174%) HTTP
Database & Business Intelligence
1 10 (21.74%) Data Warehouse
2 6 (13.04%) Sybase IQ
3 5 (10.87%) SQL Server Integration Services
3 5 (10.87%) SQL Server Reporting Services
3 5 (10.87%) Data Mining
3 5 (10.87%) SQL Server
3 5 (10.87%) DTS
3 5 (10.87%) SQL Server 2008
4 4 (8.696%) RDBMS
5 2 (4.348%) NoSQL
6 1 (2.174%) KDB
6 1 (2.174%) Sybase ASE
6 1 (2.174%) DB2
6 1 (2.174%) MongoDB
Development Applications
1 5 (10.87%) JUnit
2 2 (4.348%) Eclipse
2 2 (4.348%) QuickTest Pro
2 2 (4.348%) Maven
2 2 (4.348%) JIRA
3 1 (2.174%) Selenium
3 1 (2.174%) ClearCase
3 1 (2.174%) Cucumber
3 1 (2.174%) TestComplete
General
1 26 (56.52%) Finance
2 12 (26.09%) Banking
3 9 (19.57%) Investment Banking
4 4 (8.696%) Front Office
5 2 (4.348%) Back Office
5 2 (4.348%) Legal
5 2 (4.348%) Retail
Job Titles
1 22 (47.83%) Developer
2 14 (30.43%) Analyst
3 8 (17.39%) Java Developer
3 8 (17.39%) Business Analyst
4 5 (10.87%) C# Developer
4 5 (10.87%) Sybase Developer
4 5 (10.87%) Senior Developer
5 4 (8.696%) C++ Developer
5 4 (8.696%) C++/Java Developer
5 4 (8.696%) C++/C# Developer
6 3 (6.522%) Senior Java Developer
6 3 (6.522%) Project Manager
6 3 (6.522%) Test Analyst
7 2 (4.348%) IT Project Manager
7 2 (4.348%) Data Analyst
7 2 (4.348%) Project Analyst
7 2 (4.348%) IT Business Analyst
8 1 (2.174%) Market Analyst
8 1 (2.174%) Excel Developer
8 1 (2.174%) Java Applications Developer
Miscellaneous
1 20 (43.48%) Equity Derivative
2 10 (21.74%) Equities
3 3 (6.522%) Credit Risk
3 3 (6.522%) Market Risk
4 2 (4.348%) Cloud Computing
4 2 (4.348%) Foreign Exchange (FX)
5 1 (2.174%) Swaptions
5 1 (2.174%) RIA
5 1 (2.174%) Fixed Income
5 1 (2.174%) FMCG
Operating Systems
1 16 (34.78%) UNIX
2 12 (26.09%) Linux
3 5 (10.87%) Solaris
4 4 (8.696%) Windows
5 1 (2.174%) Red Hat Enterprise Linux
Processes & Methodologies
1 8 (17.39%) Risk Management
2 6 (13.04%) Regression Testing
2 6 (13.04%) ETL
2 6 (13.04%) Data Analysis
2 6 (13.04%) Software Testing
3 5 (10.87%) TDD
3 5 (10.87%) OO
3 5 (10.87%) Manual Testing
3 5 (10.87%) Test Automation
3 5 (10.87%) Waterfall
3 5 (10.87%) BDD
4 4 (8.696%) Electronic Trading
4 4 (8.696%) User Acceptance Testing
5 3 (6.522%) Unit Testing
5 3 (6.522%) Agile Software Development
5 3 (6.522%) Time Management
6 2 (4.348%) System Testing
6 2 (4.348%) Code Coverage
6 2 (4.348%) Disaster Recovery
6 2 (4.348%) Data Modelling
Programming Languages
1 21 (45.65%) Java
2 19 (41.30%) SQL
3 14 (30.43%) Shell Script
4 12 (26.09%) C#
5 9 (19.57%) C++
6 8 (17.39%) Perl
7 5 (10.87%) XPath
7 5 (10.87%) VBA
7 5 (10.87%) T-SQL
7 5 (10.87%) VB
8 3 (6.522%) Korn
8 3 (6.522%) Python
9 2 (4.348%) Bash shell
9 2 (4.348%) Jython
10 1 (2.174%) ActionScript
10 1 (2.174%) JavaScript
10 1 (2.174%) Scala
Qualifications
1 3 (6.522%) Degree
Quality Assurance & Compliance
1 6 (13.04%) QA
2 1 (2.174%) FATCA
Systems Management
1 3 (6.522%) Control-M
Vendors
1 12 (26.09%) Sybase
2 5 (10.87%) Sun
2 5 (10.87%) Cadis
3 1 (2.174%) Reuters
3 1 (2.174%) Bloomberg
3 1 (2.174%) Adobe