The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the Surrey region. Included is a guide to the average contractor rates offered in IT contracts that have cited Bloomberg over the 3 months to 29 April 2016 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Bloomberg
Rank 99 78 -
Rank change year-on-year
-21 -
Contract jobs citing Bloomberg 5 13 0
As % of all contract IT jobs located in Surrey 0.38% 0.95% -
As % of the Vendors category 0.68% 2.02% -
Number of daily rates quoted 5 0 0
Average daily rate £540 - -
UK excluding London average daily rate £520 £450 £385
% change year-on-year
+15.55% +16.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Bloomberg
South East

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

Vendors Category
Surrey
Contract IT job ads with a match in the
Vendors category
735 645 773
As % of all contract IT jobs located in Surrey 55.56% 47.18% 53.49%
Number of daily rates quoted 468 353 396
Average daily rate £425 £375 £350
Average daily rate % change year-on-year
+13.33% +7.14%
90% offered a daily rate of more than £250 £250 £140
10% offered a daily rate of more than £550 £500 £500
UK excluding London average daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 56 35 44
Average hourly rate £28.75 £15.75 £25.50
Average hourly rate % change year-on-year
+82.53% -38.23%
90% offered a hourly rate of more than £12.43 £10.75 £14.61
10% offered a hourly rate of more than £51.00 £47.00 £45.00
UK excluding London average hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

Bloomberg
Jobs Demand Trend in Surrey

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

Bloomberg Jobs Demand Trend in Surrey

Bloomberg
Daily Rate Trend in Surrey

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

Bloomberg Daily Rate Trend in Surrey

Bloomberg
Daily Rate Histogram in Surrey

This chart provides a histogram of daily rates quoted in contract IT jobs citing Bloomberg across the Surrey region over the 3 months to 29 April 2016.

Bloomberg Daily Rate Histogram in Surrey

Bloomberg
Hourly Rate Trend in Surrey

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

Bloomberg Hourly Rate Trend in Surrey

Bloomberg
Top 20 Related IT Skills in Surrey

For the 6 months to 29 April 2016, IT contractor jobs across the Surrey 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 5 (83.33%) Reuters
1 5 (83.33%) Project Management
2 4 (66.67%) Agile Software Development
2 4 (66.67%) Asset Management
2 4 (66.67%) Fund Accounting
3 3 (50.00%) Investment Management
3 3 (50.00%) Product Management
3 3 (50.00%) Finance
4 2 (33.33%) Fixed Income
4 2 (33.33%) Back Office
5 1 (16.67%) Risk Management
5 1 (16.67%) Front Office
5 1 (16.67%) MS Office
5 1 (16.67%) MS Excel
5 1 (16.67%) Microsoft
5 1 (16.67%) SmartStream
5 1 (16.67%) Portfolio Management
5 1 (16.67%) Analytical Skills
5 1 (16.67%) thinkFolio
5 1 (16.67%) Retail

Bloomberg
Top Related IT Skills in Surrey by Category

For the 6 months to 29 April 2016, IT contractor jobs across the Surrey 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.

Applications
1 1 (16.67%) MS Excel
1 1 (16.67%) MS Office
Business Applications
1 1 (16.67%) thinkFolio
General
1 3 (50.00%) Finance
2 2 (33.33%) Back Office
3 1 (16.67%) Front Office
3 1 (16.67%) Retail
Job Titles
1 5 (83.33%) Project Manager
2 2 (33.33%) Senior Manager
2 2 (33.33%) Senior Project Manager
3 1 (16.67%) Analyst
3 1 (16.67%) Asset Management Project Manager
3 1 (16.67%) IT Manager
3 1 (16.67%) IT Project Manager
3 1 (16.67%) Technical Manager
3 1 (16.67%) Technical Project Manager
Miscellaneous
1 2 (33.33%) Fixed Income
2 1 (16.67%) Analytical Skills
Processes & Methodologies
1 5 (83.33%) Project Management
2 4 (66.67%) Agile Software Development
2 4 (66.67%) Asset Management
2 4 (66.67%) Fund Accounting
3 3 (50.00%) Investment Management
3 3 (50.00%) Product Management
4 1 (16.67%) Portfolio Management
4 1 (16.67%) Risk Management
Vendors
1 5 (83.33%) Reuters
2 1 (16.67%) Microsoft
2 1 (16.67%) SmartStream