The first table below looks at the demand for knowledge and experience of FactSet 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 FactSet over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within FactSet Research Systems, Inc.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
FactSet
Rank - - -
Contract jobs citing FactSet 0 0 0
As % of all contract IT jobs located in Scotland - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
Scotland
Contract IT job ads with a match in the
Vendors category
1119 1088 1130
As % of all contract IT jobs located in Scotland 42.23% 46.44% 40.43%
Number of daily rates quoted 533 519 537
Average daily rate £375 £350 £325
Average daily rate % change year-on-year
+7.14% +7.69%
90% offered a daily rate of more than £241 £250 £200
10% offered a daily rate of more than £494 £463 £450
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 26 34 63
Average hourly rate £22.50 £14.75 £22.50
Average hourly rate % change year-on-year
+52.54% -34.44%
90% offered a hourly rate of more than £15.00 £9.95 £10.00
10% offered a hourly rate of more than £54.40 £44.00 £35.00
UK excluding London average hourly rate £17.50 £18.90 £20.00
% change year-on-year
-7.40% -5.50%
FactSet
UK

FactSet
Jobs Demand Trend in Scotland

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

FactSet Jobs Demand Trend in Scotland

FactSet
Daily Rate Trend in Scotland

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

FactSet Daily Rate Trend in Scotland

FactSet
Top 10 Related IT Skills in Scotland

For the 6 months to 18 April 2014, IT contractor jobs across the Scotland region citing FactSet 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 FactSet.

1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Bloomberg
1 1 (100.00%) Charles River
1 1 (100.00%) Front Office
1 1 (100.00%) Fixed Income
1 1 (100.00%) Equities
1 1 (100.00%) Derivative
1 1 (100.00%) Investment Management
1 1 (100.00%) Markit EDM
1 1 (100.00%) Analytics

FactSet
Top Related IT Skills in Scotland by Category

For the 6 months to 18 April 2014, IT contractor jobs across the Scotland region citing FactSet 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 FactSet. Up to 20 skills are shown per category.

Business Applications
1 1 (100.00%) Markit EDM
General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) Consultant
1 1 (100.00%) Support Consultant
1 1 (100.00%) Charles River Consultant
Miscellaneous
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Fixed Income
1 1 (100.00%) Equities
1 1 (100.00%) Derivative
Processes & Methodologies
1 1 (100.00%) Investment Management
1 1 (100.00%) Analytics
Vendors
1 1 (100.00%) Bloomberg
1 1 (100.00%) Charles River