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 average contractor rates offered in IT contracts that have cited FactSet over the 3 months to 6 July 2015 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.

Location
3 months to
6 Jul 2015
Same period 2014 Same period 2013
FactSet
Rank 602 585 -
Rank change year-on-year
-17 -
Contract jobs citing FactSet 7 6 0
As % of all contract IT jobs located in the UK 0.013% 0.011% -
As % of the Vendors category 0.029% 0.025% -
Number of daily rates quoted 6 6 0
Average daily rate
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of your Daily Rate
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£225 £438 -
Average daily rate % change year-on-year
-48.57% -
UK excluding London average daily rate - £188 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
24495 23893 23171
As % of all contract IT jobs located in the UK 44.64% 45.15% 47.06%
Number of daily rates quoted 14373 13388 12318
Average daily rate £390 £379 £388
Average daily rate % change year-on-year
+2.90% -2.19%
90% offered a daily rate of more than £225 £220 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 1087 1033 1237
Average hourly rate £18.75 £17.50 £19.88
Average hourly rate % change year-on-year
+7.14% -11.94%
90% offered a hourly rate of more than £11.19 £10.82 £11.15
10% offered a hourly rate of more than £41.50 £37.50 £40.00
UK excluding London average hourly rate £18.50 £17.00 £19.50
% change year-on-year
+8.82% -12.82%

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
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 3 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 6 July 2015. 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
London +6 7 £225 -50.00% 4
City of London +3 7 £225 -55.00% 1
England -11 7 £225 -48.57% 4

FactSet
Top 30 Related IT Skills

For the 6 months to 6 July 2015, 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 9 (90.00%) Reuters
1 9 (90.00%) Finance
2 6 (60.00%) Blackberry
2 6 (60.00%) Blackberry Enterprise Server
2 6 (60.00%) Windows
2 6 (60.00%) Active Directory
2 6 (60.00%) Citrix
2 6 (60.00%) XenApp
3 3 (30.00%) Investment Management
3 3 (30.00%) Bloomberg
3 3 (30.00%) Asset Management
4 2 (20.00%) Equities
4 2 (20.00%) SQL
4 2 (20.00%) Statistics
4 2 (20.00%) Fund Management
5 1 (10.00%) thinkFolio
5 1 (10.00%) jQuery
5 1 (10.00%) SQL Server Analysis Services
5 1 (10.00%) Web Development
5 1 (10.00%) JSON
5 1 (10.00%) LatentZero
5 1 (10.00%) Visual Studio Tools for Office
5 1 (10.00%) Software Architecture
5 1 (10.00%) Markit EDM
5 1 (10.00%) OLAP Cube
5 1 (10.00%) SDLC
5 1 (10.00%) T-SQL
5 1 (10.00%) VB
5 1 (10.00%) VBA
5 1 (10.00%) .NET

FactSet
Top Related IT Skills by Category

For the 6 months to 6 July 2015, 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 6 (60.00%) Blackberry Enterprise Server
Applications
1 1 (10.00%) MS Office
1 1 (10.00%) MS Excel
Business Applications
1 1 (10.00%) LatentZero
1 1 (10.00%) thinkFolio
1 1 (10.00%) Markit EDM
Database & Business Intelligence
1 1 (10.00%) SQL Server
1 1 (10.00%) OLAP
1 1 (10.00%) Data Warehouse
1 1 (10.00%) Microsoft Analysis Services
1 1 (10.00%) SQL Server Reporting Services
1 1 (10.00%) SQL Server Integration Services
1 1 (10.00%) SQL Server Analysis Services
1 1 (10.00%) OLAP Cube
Development Applications
1 1 (10.00%) Visual Studio
1 1 (10.00%) Visual Studio Tools for Office
General
1 9 (90.00%) Finance
2 1 (10.00%) Front Office
Job Titles
1 6 (60.00%) Help Desk Engineer
2 3 (30.00%) Analyst
3 2 (20.00%) Market Data Analyst
3 2 (20.00%) Market Analyst
3 2 (20.00%) Data Analyst
4 1 (10.00%) Market Data Administrator
4 1 (10.00%) Data Administrator
4 1 (10.00%) Web Developer
4 1 (10.00%) Administrator
4 1 (10.00%) Business Analyst
4 1 (10.00%) Developer
Libraries, Frameworks & Software Standards
1 1 (10.00%) HTML
1 1 (10.00%) .NET
1 1 (10.00%) XML
1 1 (10.00%) JSON
1 1 (10.00%) jQuery
Miscellaneous
1 6 (60.00%) Blackberry
2 2 (20.00%) Equities
2 2 (20.00%) Statistics
3 1 (10.00%) Derivative
Operating Systems
1 6 (60.00%) Windows
Processes & Methodologies
1 3 (30.00%) Asset Management
1 3 (30.00%) Investment Management
2 2 (20.00%) Fund Management
3 1 (10.00%) Software Architecture
3 1 (10.00%) SDLC
3 1 (10.00%) Web Development
3 1 (10.00%) CRM
3 1 (10.00%) Data Modelling
3 1 (10.00%) ETL
3 1 (10.00%) Service Delivery
Programming Languages
1 2 (20.00%) SQL
2 1 (10.00%) T-SQL
2 1 (10.00%) VB
2 1 (10.00%) VBA
2 1 (10.00%) C#
2 1 (10.00%) JavaScript
System Software
1 6 (60.00%) Active Directory
1 6 (60.00%) XenApp
Vendors
1 9 (90.00%) Reuters
2 6 (60.00%) Citrix
3 3 (30.00%) Bloomberg
4 1 (10.00%) Business Objects