The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Bloomberg 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Bloomberg.

Location
3 months to
23 Oct 2014
Same period 2013 Same period 2012
Bloomberg
Rank 143 107 -
Rank change year-on-year
-36 -
Contract jobs citing Bloomberg 1 1 0
As % of all contract IT jobs located in the South West 0.030% 0.047% -
As % of the Vendors category 0.071% 0.12% -
Number of daily rates quoted 1 1 0
Average daily rate
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£500 £150 -
Average daily rate % change year-on-year
+233.33% -
UK excluding London average daily rate £450 £350 £245
% change year-on-year
+28.57% +42.85%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £16.72
Bloomberg
England

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

Vendors Category
South West
Contract IT job ads with a match in the
Vendors category
1415 850 1241
As % of all contract IT jobs located in the South West 41.91% 40.08% 41.52%
Number of daily rates quoted 925 508 651
Average daily rate £375 £330 £350
Average daily rate % change year-on-year
+13.63% -5.71%
90% offered a daily rate of more than £190 £165 £225
10% offered a daily rate of more than £550 £475 £475
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 99 84 108
Average hourly rate £20.00 £19.00 £15.75
Average hourly rate % change year-on-year
+5.26% +20.63%
90% offered a hourly rate of more than £12.42 £12.50 £11.49
10% offered a hourly rate of more than £43.00 £30.15 £42.10
UK excluding London average hourly rate £18.00 £18.03 £19.00
% change year-on-year
-0.16% -5.10%

Bloomberg
Jobs Demand Trend in the South West

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

Bloomberg Jobs Demand Trend in the South West

Bloomberg
Daily Rate Trend in the South West

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

Bloomberg Daily Rate Trend in the South West

Bloomberg
Top 17 Related IT Skills in the South West

For the 6 months to 23 October 2014, IT contractor jobs across the South West region citing Bloomberg 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 Bloomberg.

1 2 (100.00%) Finance
1 2 (100.00%) Data Management
2 1 (50.00%) Data Analysis
2 1 (50.00%) Fund Management
2 1 (50.00%) Eagle PACE
2 1 (50.00%) FactSet
2 1 (50.00%) Teradata
2 1 (50.00%) SQL
2 1 (50.00%) VBA
2 1 (50.00%) Business Objects
2 1 (50.00%) MS Office
2 1 (50.00%) MS Excel
2 1 (50.00%) SAS
2 1 (50.00%) WAN
2 1 (50.00%) Reuters
2 1 (50.00%) Financial Institution
2 1 (50.00%) Front Office

Bloomberg
Top Related IT Skills in the South West by Category

For the 6 months to 23 October 2014, IT contractor jobs across the South West region citing Bloomberg 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 Bloomberg. Up to 20 skills are shown per category.

Application Platforms
1 1 (50.00%) SAS
Applications
1 1 (50.00%) MS Office
1 1 (50.00%) MS Excel
Business Applications
1 1 (50.00%) Eagle PACE
Communications & Networking
1 1 (50.00%) WAN
General
1 2 (100.00%) Finance
2 1 (50.00%) Financial Institution
2 1 (50.00%) Front Office
Job Titles
1 1 (50.00%) Developer
1 1 (50.00%) Analyst
1 1 (50.00%) Report Analyst
1 1 (50.00%) Data Analyst
1 1 (50.00%) VBA Developer
Processes & Methodologies
1 2 (100.00%) Data Management
2 1 (50.00%) Data Analysis
2 1 (50.00%) Fund Management
Programming Languages
1 1 (50.00%) SQL
1 1 (50.00%) VBA
Vendors
1 1 (50.00%) Business Objects
1 1 (50.00%) Reuters
1 1 (50.00%) Teradata
1 1 (50.00%) FactSet