The first table below looks at the demand for Algo Collateral skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Algo Collateral 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 of the Business Applications category.

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
18 Apr 2014
Same period 2013 Same period 2012
Algorithmics Algo Collateral
Rank 586 532 569
Rank change year-on-year
-54 +37
Contract jobs citing Algo Collateral 1 12 19
As % of all contract IT jobs located in the UK 0.002% 0.025% 0.031%
As % of the Business Applications category 0.021% 0.28% 0.34%
Number of daily rates quoted 1 8 13
Average daily rate £500 £500 £525
Average daily rate % change year-on-year
- -4.76%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Business Applications Category
UK
Contract IT job ads with a match in the
Business Applications category
4825 4317 5606
As % of all contract IT jobs located in the UK 8.57% 9.05% 9.24%
Number of daily rates quoted 2739 2206 2779
Average daily rate £425 £440 £450
Average daily rate % change year-on-year
-3.40% -2.22%
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £400 £425 £433
% change year-on-year
-5.88% -1.73%
Number of hourly rates quoted 42 74 78
Average hourly rate £33.00 £37.80 £20.00
Average hourly rate % change year-on-year
-12.69% +89.00%
90% offered a hourly rate of more than £13.50 £13.50 £11.00
10% offered a hourly rate of more than £53.50 £63.50 £53.00
UK excluding London average hourly rate £33.00 £37.80 £20.00
% change year-on-year
-12.69% +89.00%

Algo Collateral
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Algo Collateral within the UK as a proportion of the total demand within the Business Applications category.

Algo Collateral Jobs Demand Trend in the UK

Algo Collateral
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Algo Collateral within the UK.

Algo Collateral Daily Rate Trend in the UK

Algo Collateral
Top 5 Related IT Skills

For the 6 months to 18 April 2014, IT contractor jobs within the UK citing Algo Collateral 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 Algo Collateral.

1 1 (100.00%) SQL
1 1 (100.00%) VB
1 1 (100.00%) Back Office
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking

Algo Collateral
Top Related IT Skills by Category

For the 6 months to 18 April 2014, IT contractor jobs within the UK citing Algo Collateral 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 Algo Collateral. Up to 20 skills are shown per category.

General
1 1 (100.00%) Back Office
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Business Analyst
1 1 (100.00%) Analyst
1 1 (100.00%) Investment Banking Business Analyst
Programming Languages
1 1 (100.00%) SQL
1 1 (100.00%) VB