Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the prevalence of the term Derivative in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our Miscellaneous category.

LinkDerivatives
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank234033
Rank change year-on-year
Up+17Down-7
Matching contract IT job ads277311853276
As % of all contract IT jobs located in the UK5.740 %3.004 %3.985 %
As % of the Miscellaneous category21.49 %12.46 %18.74 %
Daily rates quoted18695931695
Average daily rate£550£525£600
Average daily rate % change year-on-year
+4.760 %-12.50 %
90% of contracts offered a daily rate of more than£425£388£475
10% of contracts offered a daily rate of more than£650£650£725
UK excluding London average daily rate£475£288£450
% change year-on-year
+65.21 %-36.11 %
Hourly rates quoted1317
Average hourly rate£190.00£43.50£35.00
Average hourly rate % change year-on-year
+336.78 %+24.28 %
UK excluding London average hourly rate£190.00£66.75-
% change year-on-year
+184.64 %-
IT Contractor Job Market, Miscellaneous CategoryAll Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
12906950817483
As % of all contract IT jobs located in the UK26.72 %24.10 %21.27 %
Daily rates quoted681835476206
Average daily rate£525£425£515
Average daily rate % change year-on-year
+23.52 %-17.47 %
90% of contracts offered a daily rate of more than£285£225£275
10% of contracts offered a daily rate of more than£650£600£700
UK excluding London average daily rate£325£330£350
% change year-on-year
-1.510 %-5.710 %
Hourly rates quoted5918051511
Average hourly rate£19.50£22.50£25.00
Average hourly rate % change year-on-year
-13.33 %-10.00 %
90% of contracts offered a hourly rate of more than£10.50£12.00£10.50
10% of contracts offered a hourly rate of more than£40.00£40.00£42.00
UK excluding London average hourly rate£19.00£22.63£25.00
% change year-on-year
-16.04 %-9.480 %

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.

Derivative
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Derivative within the UK as a proportion of the total demand within the Miscellaneous category.

Derivative Demand Trend

Derivative
Daily Rate Trend

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

Derivative Daily Rate Trend

Derivative
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Derivative within the UK over the 3 months to 19 March 2010.

Derivative Daily Rate Histogram

Derivative
Hourly Rate Trend

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

Derivative Hourly Rate Trend

Derivative
Top 16 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Derivative within the UK over the 3 months to 19 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
EnglandUp+192756£550+4.76 %
LondonUp+62750£550+4.76 %
City of LondonUp+11246£550+10.00 %
Canary WharfUp+1149£600+9.09 %
Docklands, LondonDown-257£513-14.58 %
ScotlandDown-810£475+31.03 %
South EastNo change04--
EdinburghDown-163£308-38.50 %
SurreyNew entry-3--
GlasgowDown-92£369+63.88 %
North WestDown-41--
Northern IrelandNew entry-1--
MerseysideNew entry-1--
LiverpoolNew entry-1--
BelfastNew entry-1--
County AntrimNew entry-1--

Derivative
Top 30 Related IT Skills

For the 6 months to 19 March 2010, IT contractor jobs within the UK citing Derivative 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 Derivative.

12772 (53.32 %)Banking
22349 (45.18 %)Front Office
32082 (40.05 %)Investment Banking
41546 (29.74 %)Finance
51509 (29.02 %)Java
61486 (28.58 %)C#
71372 (26.39 %)Equity Derivative
81194 (22.97 %)SQL
91146 (22.04 %)Fixed Income
101008 (19.39 %)Foreign Exchange (FX)
11898 (17.27 %)Credit Derivative
12845 (16.25 %)C++
13774 (14.89 %)Interest Rate Derivative
14696 (13.39 %)Equities
15676 (13.00 %).NET
16651 (12.52 %)Oracle
17627 (12.06 %)UNIX
18614 (11.81 %)XML
19578 (11.12 %)Risk Management
20567 (10.91 %)Business Analysis
21539 (10.37 %)Sybase
22495 (9.521 %)Back Office
23477 (9.175 %)SQL Server
24461 (8.867 %)VBA
25452 (8.694 %)OO
26434 (8.348 %)Spring
27355 (6.828 %)WinForms
27355 (6.828 %)Agile Software Development
28343 (6.597 %)Windows
29328 (6.309 %)Project Management

Derivative
Top Related IT Skills by Category

For the 6 months to 19 March 2010, IT contractor jobs within the UK citing Derivative 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 Derivative. Up to 20 skills are shown per category.

IT Contractor Job Market, Application Development CategoryApplication Development
1676 (13.00 %).NET
2614 (11.81 %)XML
3434 (8.348 %)Spring
4355 (6.828 %)WinForms
5327 (6.290 %)Hibernate
6277 (5.328 %)WPF
7190 (3.655 %)J2EE
8133 (2.558 %)Oracle Coherence
9128 (2.462 %)Web Services
10119 (2.289 %)J2SE
11106 (2.039 %)Middleware
12103 (1.981 %)Swing
1384 (1.616 %)XSLT
1478 (1.500 %)JDBC
1572 (1.385 %)WCF
1671 (1.366 %)SOAP
1770 (1.346 %)STL
1770 (1.346 %)JMS
1863 (1.212 %)ASP.NET
1954 (1.039 %)FpML
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
192 (1.770 %)Rendezvous
249 (0.942 %)MQSeries
340 (0.769 %)WebLogic
436 (0.692 %)TIBCO EMS
522 (0.423 %)SharePoint
619 (0.365 %)Tomcat
718 (0.346 %)MS Exchange
817 (0.327 %)Confluence
914 (0.269 %)Oracle Workflow
1013 (0.250 %)WebLogic Portal
1112 (0.231 %)Apache
1210 (0.192 %)Liferay
137 (0.135 %)CMS
146 (0.115 %)MTS
146 (0.115 %)CICS
146 (0.115 %)Jetty
146 (0.115 %)AquaLogic
155 (0.096 %)Oracle Service Bus
155 (0.096 %)IIS
164 (0.077 %)Documentum
IT Contractor Job Market, Applications CategoryApplications
1171 (3.289 %)Spreadsheet
2119 (2.289 %)MS Excel
348 (0.923 %)MS Office
439 (0.750 %)MS Project
536 (0.692 %)MS Visio
611 (0.212 %)CA Clarity
77 (0.135 %)MS PowerPoint
86 (0.115 %)MATLAB
92 (0.038 %)Photoshop
92 (0.038 %)Acrobat
92 (0.038 %)Paint Shop Pro
IT Contractor Job Market, Business Applications CategoryBusiness Applications
1129 (2.481 %)Summit
247 (0.904 %)Endur
322 (0.423 %)Sophis RISQUE
420 (0.385 %)RMDS
517 (0.327 %)ION MarketView
615 (0.289 %)GL Clearvision
712 (0.231 %)Murex MxG2000
810 (0.192 %)Algo Collateral
810 (0.192 %)Sophis VALUE
810 (0.192 %)Front Arena
97 (0.135 %)SunGard GMI
97 (0.135 %)Oracle BPM
97 (0.135 %)Oracle 11i
106 (0.115 %)BusinessWorks
106 (0.115 %)SolArc RightAngle
115 (0.096 %)ADP Wilco Gloss
115 (0.096 %)AquaLogic BPM
124 (0.077 %)Remedy ITSM
133 (0.058 %)FENICS FX
133 (0.058 %)Findur
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
115 (0.289 %)TCP/IP
212 (0.231 %)Internet
37 (0.135 %)Firewall
46 (0.115 %)SAN
55 (0.096 %)SSL
55 (0.096 %)HTTP
63 (0.058 %)Intranet
72 (0.038 %)LAN
72 (0.038 %)WAN
72 (0.038 %)LDAP
81 (0.019 %)ATM
81 (0.019 %)FTP
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
1477 (9.175 %)SQL Server
2128 (2.462 %)RDBMS
390 (1.731 %)SQL Server 2005
466 (1.269 %)Datawarehouse
555 (1.058 %)SQL Server Integration Services
651 (0.981 %)Oracle 10g
743 (0.827 %)Reference Data
838 (0.731 %)ETL
933 (0.635 %)Oracle 8/8i
1028 (0.539 %)BusinessObjects
1028 (0.539 %)SQL Server Reporting Services
1120 (0.385 %)Data Mart
1219 (0.365 %)SQL Server Analysis Services
1219 (0.365 %)SQL Server 2000
1318 (0.346 %)OLAP
1415 (0.289 %)Oracle Reports
1415 (0.289 %)DB2
1513 (0.250 %)Microsoft Analysis Services
1612 (0.231 %)OLTP
1612 (0.231 %)Oracle OWB
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
1151 (2.904 %)JUnit
2144 (2.770 %)Subversion
377 (1.481 %)ClearCase
470 (1.346 %)Visual Studio
567 (1.289 %)JIRA
666 (1.269 %)Maven
758 (1.116 %)NUnit
854 (1.039 %)Ant
933 (0.635 %)TeamCity
1030 (0.577 %)EasyMock
1129 (0.558 %)FitNesse
1225 (0.481 %)Eclipse
1324 (0.462 %)jMock
1423 (0.442 %)QuickTest Pro
1517 (0.327 %)TestDirector
1616 (0.308 %)ClearQuest
1616 (0.308 %)Visual Studio Tools for Office
1715 (0.289 %)CruiseControl
1813 (0.250 %)NCover
1813 (0.250 %)Rational Rose
IT Contractor Job Market, General CategoryGeneral
12772 (53.32 %)Banking
22349 (45.18 %)Front Office
32082 (40.05 %)Investment Banking
41546 (29.74 %)Finance
5495 (9.521 %)Back Office
660 (1.154 %)Financial Institution
730 (0.577 %)Retail
828 (0.539 %)Legal
927 (0.519 %)Publishing
927 (0.519 %)Education
1026 (0.500 %)General Ledger
1123 (0.442 %)Construction
1222 (0.423 %)Government
1222 (0.423 %)Health
1313 (0.250 %)Marketing
1313 (0.250 %)Insurance
1410 (0.192 %)Law
1410 (0.192 %)Home Office
156 (0.115 %)Retail Banking
156 (0.115 %)Corporate Banking
IT Contractor Job Market, Job Titles CategoryJob Titles
12537 (48.80 %)Developer
21750 (33.66 %)Analyst
31326 (25.50 %)Business Analyst
4874 (16.81 %)Java Developer
5859 (16.52 %)C# Developer
6387 (7.444 %)Senior Developer
7323 (6.213 %)Project Manager
8297 (5.713 %)C++ Developer
9219 (4.212 %)Front Office Developer
10184 (3.539 %)Excel Developer
11173 (3.328 %)Senior C# Developer
12170 (3.270 %)Investment Banking Business Analyst
13166 (3.193 %)Banking Business Analyst
14147 (2.827 %)Senior Analyst
15141 (2.712 %)Equity Derivatives Business Analyst
16128 (2.462 %)Senior Java Developer
17125 (2.404 %)Support Analyst
17125 (2.404 %)GUI Developer
18124 (2.385 %).NET Developer
19120 (2.308 %)VBA Developer
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
11372 (26.39 %)Equity Derivative
21146 (22.04 %)Fixed Income
31008 (19.39 %)Foreign Exchange (FX)
4898 (17.27 %)Credit Derivative
5774 (14.89 %)Interest Rate Derivative
6696 (13.39 %)Equities
7261 (5.020 %)Multithreading
8239 (4.597 %)Credit Risk
9171 (3.289 %)Market Risk
10131 (2.520 %)Grid Computing
1180 (1.539 %)Client/Server
1266 (1.269 %)Exotic Derivative
1365 (1.250 %)Mathematics
1455 (1.058 %)Swaptions
1534 (0.654 %)N-Tier
1534 (0.654 %)Open Source
1629 (0.558 %)DTCC
1720 (0.385 %)Cloud Computing
1819 (0.365 %)Computer Science
1915 (0.289 %)Management Information System
IT Contractor Job Market, Operating Systems CategoryOperating Systems
1627 (12.06 %)UNIX
2343 (6.597 %)Windows
3260 (5.001 %)Linux
463 (1.212 %)Solaris
521 (0.404 %)Windows Server 2003
612 (0.231 %)Windows 2000
612 (0.231 %)Windows 2000 Server
711 (0.212 %)Red Hat Linux
711 (0.212 %)Windows XP
810 (0.192 %)VMS
810 (0.192 %)OpenVMS
94 (0.077 %)Windows NT
102 (0.038 %)SUSE
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
1578 (11.12 %)Risk Management
2567 (10.91 %)Business Analysis
3452 (8.694 %)OO
4355 (6.828 %)Agile Software Development
5328 (6.309 %)Project Management
6233 (4.482 %)Migration
7219 (4.212 %)User Acceptance Testing
8151 (2.904 %)OOD
9144 (2.770 %)Workflow
10142 (2.731 %)E-Commerce
11139 (2.674 %)Change Management
12129 (2.481 %)Electronic Trading
13125 (2.404 %)TDD
14120 (2.308 %)RAD
15113 (2.173 %)PRINCE2
16110 (2.116 %)Data Modelling
17105 (2.020 %)OOA/OOD
1898 (1.885 %)UML
1989 (1.712 %)Monte Carlo Method
2085 (1.635 %)Asset Management
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
11509 (29.02 %)Java
21486 (28.58 %)C#
31194 (22.97 %)SQL
4845 (16.25 %)C++
5461 (8.867 %)VBA
6131 (2.520 %)Perl
7120 (2.308 %)C
8108 (2.077 %)Shell Script
998 (1.885 %)VC++
1097 (1.866 %)VB
1189 (1.712 %)PL/SQL
1260 (1.154 %)Python
1357 (1.096 %)T-SQL
1436 (0.692 %)Korn
1532 (0.616 %)JavaScript
1615 (0.289 %)VB.NET
1711 (0.212 %)XAML
1711 (0.212 %)PHP
188 (0.154 %)Bash shell
188 (0.154 %)Ruby
IT Contractor Job Market, Qualifications CategoryQualifications
1227 (4.366 %)Degree
222 (0.423 %)ISEB
321 (0.404 %)PhD
418 (0.346 %)PRINCE2 Certification
418 (0.346 %)PMI Certification
517 (0.327 %)Microsoft Certification
517 (0.327 %)MCSE
614 (0.269 %)PMP
710 (0.192 %)CIMA
86 (0.115 %)ACCA
94 (0.077 %)ISEB Practitioner
94 (0.077 %)ISTQB
103 (0.058 %)CFA
103 (0.058 %)MBA
111 (0.019 %)Brainbench
111 (0.019 %)MOS
111 (0.019 %)ITIL Certification
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
1158 (3.039 %)QA
224 (0.462 %)Basel II
317 (0.327 %)Sarbanes-Oxley
416 (0.308 %)GAAP
416 (0.308 %)MiFID
57 (0.135 %)ISO9001
65 (0.096 %)SLA
71 (0.019 %)IAS 39
IT Contractor Job Market, System Software CategorySystem Software
110 (0.192 %)OpenSSO
26 (0.115 %)Oracle RAC
34 (0.077 %)Tivoli Workload Scheduler
34 (0.077 %)Oracle RMAN
41 (0.019 %)Microsoft Virtual Server
41 (0.019 %)Veritas Volume Manager
41 (0.019 %)Samba
41 (0.019 %)NFS
IT Contractor Job Market, Systems Management CategorySystems Management
138 (0.731 %)AutoSys
217 (0.327 %)CONTROL-M
312 (0.231 %)HP Quality Center
411 (0.212 %)BMC PATROL
57 (0.135 %)Data Guard
57 (0.135 %)Tivoli
62 (0.038 %)NetBackup
71 (0.019 %)OpenView
IT Contractor Job Market, Vendors CategoryVendors
1651 (12.52 %)Oracle
2539 (10.37 %)Sybase
3183 (3.520 %)TIBCO
3183 (3.520 %)Murex
4164 (3.154 %)Calypso
5112 (2.154 %)Microsoft
6103 (1.981 %)DataSynapse
796 (1.847 %)Sophis
869 (1.327 %)Bloomberg
955 (1.058 %)Reuters
1047 (0.904 %)OpenLink
1128 (0.539 %)Business Objects
1224 (0.462 %)Remedy
1320 (0.385 %)IBM
1320 (0.385 %)Microgen
1419 (0.365 %)Fidessa
1419 (0.365 %)Citrix
1518 (0.346 %)Tangosol
1518 (0.346 %)Infragistics
1518 (0.346 %)thinkFolio