Contract for Difference Contracts
 
Demand Trend Daily Rate Trend Hourly Rate Trend Job Locations Related Skills

The first table below looks at the prevalence of the term Contract for Difference in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Contract for Difference 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.

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
Contract for Difference (CFD)
Rank 521 541 554
Rank change year-on-year
+20 +13
Contract jobs citing Contract for Difference 8 43 30
As % of all contract IT jobs located in the UK 0.017% 0.074% 0.049%
As % of the Miscellaneous category 0.065% 0.301% 0.175%
Number of daily rates quoted 2 22 19
Average daily rate £500 £438 £575
Average daily rate % change year-on-year
+14.28% -23.91%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category		 12308 14298 17184
As % of all contract IT jobs located in the UK 26.53% 24.52% 28.15%
Number of daily rates quoted 7390 8376 10196
Average daily rate £425 £425 £525
Average daily rate % change year-on-year
- -19.04%
90% offered a daily rate of more than £245 £250 £275
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 536 662 725
Average hourly rate £22.50 £22.50 £23.36
Average hourly rate % change year-on-year
- -3.68%
90% offered a hourly rate of more than £12.50 £12.50 £11.25
10% offered a hourly rate of more than £44.15 £45.00 £42.10
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%

Contract for Difference
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Contract for Difference within the UK as a proportion of the total demand within the Miscellaneous category.

Contract for Difference Jobs Demand Trend

Contract for Difference
Daily Rate Trend

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

Contract for Difference Daily Rate Trend

Contract for Difference
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Contract for Difference within the UK.

Contract for Difference Hourly Rate Trend

Contract for Difference
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Contract for Difference within the UK 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
England +11 8 £500 +14.28%
London +3 8 £500 +14.28%
City of London +3 2 £500 +33.33%

Contract for Difference
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Contract for Difference 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 Contract for Difference.

1 16 (72.73%) Business Intelligence
2 15 (68.18%) Java
3 13 (59.09%) Finance
3 13 (59.09%) TDD
4 12 (54.55%) Derivative
5 10 (45.45%) ESB
5 10 (45.45%) .NET
5 10 (45.45%) Oracle
5 10 (45.45%) SQL Server
5 10 (45.45%) SAP
5 10 (45.45%) SOA
5 10 (45.45%) VLDB
5 10 (45.45%) BizTalk Server
5 10 (45.45%) SAP PI
5 10 (45.45%) Windows Azure
6 9 (40.91%) Multithreading
6 9 (40.91%) N-Tier
6 9 (40.91%) WSDL
6 9 (40.91%) XML Schema
6 9 (40.91%) SQL
6 9 (40.91%) XML
6 9 (40.91%) Validation
6 9 (40.91%) Banking
6 9 (40.91%) Systems Analysis
7 8 (36.36%) Investment Banking
7 8 (36.36%) Fixed Income
8 6 (27.27%) Credit Derivative
8 6 (27.27%) Statistical Analysis
8 6 (27.27%) Spotfire
8 6 (27.27%) Data Mining

Contract for Difference
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Contract for Difference 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 Contract for Difference. Up to 20 skills are shown per category.

Application Development
1 10 (45.45%) .NET
1 10 (45.45%) SAP PI
2 9 (40.91%) WSDL
2 9 (40.91%) XML Schema
2 9 (40.91%) XML
3 3 (13.64%) Spring
3 3 (13.64%) JMS
3 3 (13.64%) Web Services
3 3 (13.64%) Spring Integration
Application Platforms
1 10 (45.45%) ESB
1 10 (45.45%) BizTalk Server
1 10 (45.45%) Windows Azure
Database & Business Intelligence
1 10 (45.45%) SQL Server
1 10 (45.45%) VLDB
2 6 (27.27%) Spotfire
2 6 (27.27%) Data Mining
3 3 (13.64%) RDBMS
3 3 (13.64%) OLAP
4 1 (4.545%) dBASE
Development Applications
1 3 (13.64%) Maven
1 3 (13.64%) Subversion
1 3 (13.64%) TeamCity
2 2 (9.091%) QuickTest Pro
2 2 (9.091%) Selenium
General
1 13 (59.09%) Finance
2 9 (40.91%) Banking
3 8 (36.36%) Investment Banking
4 5 (22.73%) Front Office
5 2 (9.091%) Back Office
Job Titles
1 10 (45.45%) Solutions Architect
1 10 (45.45%) Architect
2 8 (36.36%) Analyst
3 6 (27.27%) TIBCO Analyst
3 6 (27.27%) Business Analyst
4 5 (22.73%) Developer
5 3 (13.64%) Java Developer
6 2 (9.091%) Test Automation Analyst
6 2 (9.091%) Automation Analyst
6 2 (9.091%) Automation Test Analyst
6 2 (9.091%) Developer Analyst
6 2 (9.091%) Test Analyst
7 1 (4.545%) PRINCE2 Project Manager
7 1 (4.545%) Project Manager
7 1 (4.545%) Agile Project Manager
Miscellaneous
1 12 (54.55%) Derivative
2 9 (40.91%) N-Tier
3 8 (36.36%) Fixed Income
4 6 (27.27%) Credit Derivative
4 6 (27.27%) Visualisation
5 2 (9.091%) Foreign Exchange (FX)
5 2 (9.091%) Equity Derivative
6 1 (4.545%) Spread Betting
Operating Systems
1 2 (9.091%) UNIX
Processes & Methodologies
1 16 (72.73%) Business Intelligence
2 13 (59.09%) TDD
3 10 (45.45%) SOA
4 9 (40.91%) Multithreading
4 9 (40.91%) Validation
4 9 (40.91%) Systems Analysis
5 6 (27.27%) Statistical Analysis
5 6 (27.27%) Data Analytics
5 6 (27.27%) Analytics
6 5 (22.73%) E-business
7 3 (13.64%) Continuous Integration
8 2 (9.091%) Test Automation
8 2 (9.091%) Build Automation
8 2 (9.091%) Algorithmic Trading
8 2 (9.091%) Automated Testing
8 2 (9.091%) Agile Software Development
9 1 (4.545%) Scrum
9 1 (4.545%) SAP Implementation
9 1 (4.545%) Project Management
9 1 (4.545%) PRINCE2
Programming Languages
1 15 (68.18%) Java
2 9 (40.91%) SQL
3 2 (9.091%) Perl
3 2 (9.091%) C#
3 2 (9.091%) C++
3 2 (9.091%) VB
3 2 (9.091%) VBA
3 2 (9.091%) Python
3 2 (9.091%) Jython
Quality Assurance & Compliance
1 3 (13.64%) QA
Vendors
1 10 (45.45%) Oracle
1 10 (45.45%) SAP
2 6 (27.27%) TIBCO
3 1 (4.545%) Microsoft
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Last Updated Friday 24 May 2013
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