The table below looks at the statistics for knowledge and experience of FactSet products and/or services in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited FactSet over the 3 months to 29 July 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 FactSet Research Systems, Inc.

3 months to
29 Jul 2016
Same period 2015 Same period 2014
FactSet
Rank 652 639 608
Rank change year-on-year
-13 -31
Contract jobs citing FactSet 9 10 25
As % of all contract IT jobs located in the UK 0.017% 0.018% 0.046%
As % of the Vendors category 0.037% 0.040% 0.10%
Number of daily rates quoted 7 8 11
Median daily rate £275 £225 £200
Median daily rate % change year-on-year
+22.22% +12.50%
90% offered a daily rate of more than £198 £225 £160
10% offered a daily rate of more than £550 £225 £575
UK excluding London median daily rate £225 - £188
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24309 25081 24678
As % of all contract IT jobs located in the UK 45.14% 43.92% 45.09%
Number of daily rates quoted 14909 14782 13627
Median daily rate £400 £400 £375
Median daily rate % change year-on-year
- +6.66%
90% offered a daily rate of more than £250 £225 £215
10% offered a daily rate of more than £550 £550 £550
UK excluding London median daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 814 1091 1074
Median hourly rate £19.44 £18.00 £18.00
Median hourly rate % change year-on-year
+7.97% -
90% offered a hourly rate of more than £11.00 £11.05 £11.00
10% offered a hourly rate of more than £43.00 £42.50 £37.50
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

FactSet
Jobs Demand Trend

The demand trend of contract jobs citing FactSet as a proportion of all IT contracts with a match in 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 29 July 2016.

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 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FactSet within the UK over the 3 months to 29 July 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -2 9 £275 +22.22% 4
London -2 8 £288 +27.77% 4
City of London +42 4 £288 +27.77% 2
Surrey - 1 £225 -
South East - 1 £225 -
Canary Wharf - 1 £240 -

FactSet
Top 30 Related IT Skills

For the 6 months to 29 July 2016, IT contractor jobs citing FactSet also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for FactSet.

1 25 (100.00%) Bloomberg
2 20 (80.00%) Finance
3 19 (76.00%) Reuters
4 16 (64.00%) Front Office
4 16 (64.00%) Asset Management
5 10 (40.00%) Charles River
5 10 (40.00%) Crystal Reports
5 10 (40.00%) Oracle BI EE
6 9 (36.00%) Investment Management
6 9 (36.00%) VBA
7 8 (32.00%) Windows
7 8 (32.00%) Disaster Recovery
7 8 (32.00%) Problem Management
7 8 (32.00%) Portfolio Management
8 7 (28.00%) Windows 7
8 7 (28.00%) Microsoft
8 7 (28.00%) Active Directory
8 7 (28.00%) ITIL
9 5 (20.00%) MS Office
9 5 (20.00%) MS Excel
10 4 (16.00%) Fidessa
10 4 (16.00%) Banking
10 4 (16.00%) Eikon
10 4 (16.00%) Incident Management
11 3 (12.00%) Windows 8
11 3 (12.00%) Blackberry
11 3 (12.00%) Cisco
11 3 (12.00%) Citrix
12 2 (8.00%) SharePoint
12 2 (8.00%) SQL

FactSet
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (8.00%) Blackberry Enterprise Server
1 2 (8.00%) SharePoint
2 1 (4.00%) SharePoint 2013
2 1 (4.00%) Skype for Business
Applications
1 5 (20.00%) MS Excel
1 5 (20.00%) MS Office
2 2 (8.00%) MS PowerPoint
Business Applications
1 4 (16.00%) Eikon
Communications & Networking
1 2 (8.00%) IP Telephony
2 1 (4.00%) Cisco IOS
2 1 (4.00%) DHCP
2 1 (4.00%) DNS
2 1 (4.00%) Internet
2 1 (4.00%) TCP/IP
2 1 (4.00%) VPN
Database & Business Intelligence
1 10 (40.00%) Crystal Reports
1 10 (40.00%) Oracle BI EE
2 1 (4.00%) SQL Server
2 1 (4.00%) SQL Server Integration Services
2 1 (4.00%) SQL Server Reporting Services
Development Applications
1 1 (4.00%) Visual Studio
General
1 20 (80.00%) Finance
2 16 (64.00%) Front Office
3 4 (16.00%) Banking
4 2 (8.00%) Investment Banking
5 1 (4.00%) Marketing
Job Titles
1 14 (56.00%) Analyst
2 10 (40.00%) Support Analyst
3 6 (24.00%) Applications Support
4 5 (20.00%) Desktop Support
5 3 (12.00%) Business Analyst
5 3 (12.00%) Desktop Analyst
6 2 (8.00%) Applications Support Analyst
6 2 (8.00%) Asset Management Analyst
6 2 (8.00%) Charles River Support Analyst
6 2 (8.00%) Citrix Support
6 2 (8.00%) Desktop Manager
6 2 (8.00%) Desktop Support Manager
6 2 (8.00%) IT Analyst
6 2 (8.00%) IT Support
6 2 (8.00%) IT Support Analyst
6 2 (8.00%) Market Data Analyst
6 2 (8.00%) Service Analyst
6 2 (8.00%) Support Manager
7 1 (4.00%) Active Directory Support
7 1 (4.00%) Technology Support Analyst
Libraries, Frameworks & Software Standards
1 1 (4.00%) .NET
1 1 (4.00%) XMPP
Miscellaneous
1 3 (12.00%) Blackberry
2 2 (8.00%) BYOD
2 2 (8.00%) Equities
3 1 (4.00%) Analytical Skills
3 1 (4.00%) Credit Derivative
3 1 (4.00%) Derivative
3 1 (4.00%) Fat Client
3 1 (4.00%) Fixed Income
3 1 (4.00%) Foreign Exchange (FX)
3 1 (4.00%) Mobile App
3 1 (4.00%) Smartphone
3 1 (4.00%) Thin Client
Operating Systems
1 8 (32.00%) Windows
2 7 (28.00%) Windows 7
3 3 (12.00%) Windows 8
4 1 (4.00%) Android
4 1 (4.00%) Apple iOS
4 1 (4.00%) Mac OS X
4 1 (4.00%) Windows Server
4 1 (4.00%) Windows Server 2012
Processes & Methodologies
1 16 (64.00%) Asset Management
2 9 (36.00%) Investment Management
3 8 (32.00%) Disaster Recovery
3 8 (32.00%) Portfolio Management
3 8 (32.00%) Problem Management
4 7 (28.00%) ITIL
5 4 (16.00%) Incident Management
6 2 (8.00%) Fund Management
6 2 (8.00%) Service Management
7 1 (4.00%) Business Continuity
7 1 (4.00%) Business Development
7 1 (4.00%) Change Management
7 1 (4.00%) Configuration Management
7 1 (4.00%) Continuous Improvement
7 1 (4.00%) Data Management
7 1 (4.00%) Knowledge Management
7 1 (4.00%) Process Improvement
7 1 (4.00%) Project Management
7 1 (4.00%) Release Management
7 1 (4.00%) Service Delivery
Programming Languages
1 9 (36.00%) VBA
2 2 (8.00%) PowerShell
2 2 (8.00%) SQL
3 1 (4.00%) C#
3 1 (4.00%) Java
3 1 (4.00%) VB
Qualifications
1 1 (4.00%) Degree
1 1 (4.00%) ITIL Certification
1 1 (4.00%) ITIL Foundation Certificate
1 1 (4.00%) MCP
1 1 (4.00%) MCSE
1 1 (4.00%) Microsoft Certification
Quality Assurance & Compliance
1 1 (4.00%) SLA
System Software
1 7 (28.00%) Active Directory
2 1 (4.00%) Virtual Servers
2 1 (4.00%) VMware Infrastructure
Vendors
1 25 (100.00%) Bloomberg
2 19 (76.00%) Reuters
3 10 (40.00%) Charles River
4 7 (28.00%) Microsoft
5 4 (16.00%) Fidessa
6 3 (12.00%) Cisco
6 3 (12.00%) Citrix
7 1 (4.00%) Apple
7 1 (4.00%) Google
7 1 (4.00%) HP
7 1 (4.00%) Oracle
7 1 (4.00%) ServiceNow
7 1 (4.00%) StatPro
7 1 (4.00%) Sybase
7 1 (4.00%) Symantec
7 1 (4.00%) VMware