The first table below looks at the demand for knowledge and experience of FactSet products and/or services in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited FactSet over the 3 months to 31 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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 FactSet Research Systems, Inc.

Location
3 months to
31 Jul 2014
Same period 2013 Same period 2012
FactSet
Rank 590 564 579
Rank change year-on-year
-26 +15
Contract jobs citing FactSet 4 6 5
As % of all contract IT jobs located in the UK 0.007% 0.012% 0.009%
As % of the Vendors category 0.016% 0.025% 0.019%
Number of daily rates quoted 4 6 3
Average daily rate
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£500 £381 £375
Average daily rate % change year-on-year
+31.14% +1.66%
90% offered a daily rate of more than £281 £200 £223
10% offered a daily rate of more than £567 £471 £415
UK excluding London average daily rate £188 £150 -
% change year-on-year
+25.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
25064 24043 26887
As % of all contract IT jobs located in the UK 45.81% 47.03% 46.53%
Number of daily rates quoted 13895 13049 13618
Average daily rate £380 £388 £375
Average daily rate % change year-on-year
-1.93% +3.33%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1077 1193 1390
Average hourly rate £18.00 £19.50 £19.50
Average hourly rate % change year-on-year
-7.69% -
90% offered a hourly rate of more than £11.00 £11.00 £11.50
10% offered a hourly rate of more than £37.50 £41.50 £40.00
UK excluding London average hourly rate £17.50 £19.00 £19.50
% change year-on-year
-7.89% -2.56%

FactSet
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing FactSet within the UK as a proportion of the total demand within the Vendors category.

FactSet Jobs Demand Trend in the UK

FactSet
Daily Rate Trend

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

FactSet Daily Rate Trend in the UK

FactSet
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FactSet within the UK over the 3 months to 31 July 2014.

FactSet Daily Rate Histogram in the UK

FactSet
Hourly Rate Trend

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

FactSet Hourly Rate Trend in the UK

FactSet
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FactSet within the UK over the 3 months to 31 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
England -29 4 £500 +31.14% 4
London +17 3 £500 +8.10% 4
City of London +22 2 £500 +31.14% 4
Docklands, London - - - -

FactSet
Top 30 Related IT Skills

For the 6 months to 31 July 2014, IT contractor jobs within the UK citing FactSet 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 FactSet.

1 5 (71.43%) Bloomberg
1 5 (71.43%) Asset Management
2 4 (57.14%) Front Office
3 3 (42.86%) Finance
3 3 (42.86%) Disaster Recovery
3 3 (42.86%) Sophis
3 3 (42.86%) Charles River
3 3 (42.86%) SQL
3 3 (42.86%) VBA
3 3 (42.86%) Fund Management
3 3 (42.86%) Investment Management
4 2 (28.57%) Use Case
4 2 (28.57%) Confluence
4 2 (28.57%) BI-SAM
4 2 (28.57%) Performance Tuning
4 2 (28.57%) Continuous Integration
4 2 (28.57%) Maven
4 2 (28.57%) JIRA
4 2 (28.57%) QA
4 2 (28.57%) Sybase
4 2 (28.57%) Crystal Reports
4 2 (28.57%) T-SQL
4 2 (28.57%) StatPro
4 2 (28.57%) UML
4 2 (28.57%) Reuters
5 1 (14.29%) Legal
5 1 (14.29%) VMware
5 1 (14.29%) Fixed Income
5 1 (14.29%) Equities
5 1 (14.29%) HP

FactSet
Top Related IT Skills by Category

For the 6 months to 31 July 2014, IT contractor jobs within the UK citing FactSet 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 FactSet. Up to 20 skills are shown per category.

Application Platforms
1 2 (28.57%) Confluence
Business Applications
1 1 (14.29%) Eagle PACE
Database & Business Intelligence
1 2 (28.57%) Crystal Reports
Development Applications
1 2 (28.57%) Maven
1 2 (28.57%) JIRA
2 1 (14.29%) QuickTest Pro
General
1 4 (57.14%) Front Office
2 3 (42.86%) Finance
3 1 (14.29%) Legal
3 1 (14.29%) Marketing
Job Titles
1 3 (42.86%) Applications Support
2 2 (28.57%) Developer
2 2 (28.57%) Analyst
2 2 (28.57%) Database Developer
2 2 (28.57%) SQL Developer
2 2 (28.57%) Sybase Developer
2 2 (28.57%) SQL Database Developer
3 1 (14.29%) Report Analyst
3 1 (14.29%) Data Analyst
3 1 (14.29%) Business Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) Middleware
Miscellaneous
1 1 (14.29%) Fixed Income
1 1 (14.29%) Equities
1 1 (14.29%) Reference Data
Operating Systems
1 1 (14.29%) UNIX
1 1 (14.29%) Linux
Processes & Methodologies
1 5 (71.43%) Asset Management
2 3 (42.86%) Disaster Recovery
2 3 (42.86%) Fund Management
2 3 (42.86%) Investment Management
3 2 (28.57%) Performance Tuning
3 2 (28.57%) Continuous Integration
3 2 (28.57%) Use Case
3 2 (28.57%) UML
4 1 (14.29%) Integration Testing
4 1 (14.29%) Data Management
4 1 (14.29%) Data Analysis
4 1 (14.29%) Incident Management
Programming Languages
1 3 (42.86%) SQL
1 3 (42.86%) VBA
2 2 (28.57%) T-SQL
3 1 (14.29%) VBScript
3 1 (14.29%) VB
Quality Assurance & Compliance
1 2 (28.57%) QA
Vendors
1 5 (71.43%) Bloomberg
2 3 (42.86%) Charles River
2 3 (42.86%) Sophis
3 2 (28.57%) BI-SAM
3 2 (28.57%) StatPro
3 2 (28.57%) Sybase
3 2 (28.57%) Reuters
4 1 (14.29%) HP
4 1 (14.29%) VMware