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 25 May 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
25 May 2016
Same period 2015 Same period 2014
FactSet
Rank 625 626 613
Rank change year-on-year
+1 -13
Contract jobs citing FactSet 16 12 13
As % of all contract IT jobs located in the UK 0.030% 0.022% 0.025%
As % of the Vendors category 0.067% 0.049% 0.055%
Number of daily rates quoted 15 7 12
Median daily rate £330 £475 £475
Median daily rate % change year-on-year
-30.52% -
90% offered a daily rate of more than £225 £380 £354
10% offered a daily rate of more than £353 £700 £600
UK excluding London median daily rate £288 £550 -
% change year-on-year
-47.72% -
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
23972 24303 23493
As % of all contract IT jobs located in the UK 44.63% 44.84% 44.57%
Number of daily rates quoted 14771 14032 13325
Median daily rate £405 £400 £388
Median daily rate % change year-on-year
+1.25% +3.22%
90% offered a daily rate of more than £253 £225 £220
10% offered a daily rate of more than £563 £550 £550
UK excluding London median daily rate £383 £370 £350
% change year-on-year
+3.37% +5.71%
Number of hourly rates quoted 800 1130 1053
Median hourly rate £20.00 £18.46 £18.00
Median hourly rate % change year-on-year
+8.34% +2.55%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £43.00 £40.00 £37.80
UK excluding London median hourly rate £20.10 £18.00 £17.81
% change year-on-year
+11.68% +1.09%

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 25 May 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 25 May 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 -7 15 £328 -29.18% 4
London +7 14 £330 -28.64% 4
City of London +44 4 £328 -31.05% 3
Surrey - 1 £225 -
South East - 1 £225 -
Canary Wharf - 1 £240 -

FactSet
Top 30 Related IT Skills

For the 6 months to 25 May 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 24 (96.00%) Bloomberg
2 21 (84.00%) Finance
3 20 (80.00%) Reuters
4 17 (68.00%) Front Office
5 16 (64.00%) Asset Management
6 11 (44.00%) Investment Management
7 10 (40.00%) Oracle BI EE
7 10 (40.00%) Charles River
7 10 (40.00%) Crystal Reports
8 9 (36.00%) VBA
8 9 (36.00%) Windows
9 8 (32.00%) Disaster Recovery
9 8 (32.00%) Problem Management
9 8 (32.00%) Windows 7
9 8 (32.00%) Portfolio Management
10 7 (28.00%) MS Office
11 6 (24.00%) MS Excel
12 5 (20.00%) Microsoft
12 5 (20.00%) Eikon
13 4 (16.00%) Windows 8
13 4 (16.00%) Banking
13 4 (16.00%) Incident Management
13 4 (16.00%) Fund Management
13 4 (16.00%) Active Directory
13 4 (16.00%) Fidessa
13 4 (16.00%) SQL
13 4 (16.00%) Equities
14 3 (12.00%) Fixed Income
14 3 (12.00%) ITIL
14 3 (12.00%) Hedge funds

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 1 (4.00%) SharePoint
Applications
1 7 (28.00%) MS Office
2 6 (24.00%) MS Excel
3 2 (8.00%) MS PowerPoint
Business Applications
1 5 (20.00%) Eikon
Communications & Networking
1 2 (8.00%) TCP/IP
2 1 (4.00%) Cisco IOS
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 21 (84.00%) Finance
2 17 (68.00%) Front Office
3 4 (16.00%) Banking
4 2 (8.00%) Financial Institution
4 2 (8.00%) Investment Banking
Job Titles
1 15 (60.00%) Analyst
2 9 (36.00%) Support Analyst
3 6 (24.00%) Applications Support
4 4 (16.00%) Business Analyst
5 3 (12.00%) Desktop Support
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 Analyst
6 2 (8.00%) Desktop Manager
6 2 (8.00%) Desktop Support Manager
6 2 (8.00%) Investment Management Business Analyst
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%) Regulatory Business Analyst
Libraries, Frameworks & Software Standards
1 1 (4.00%) .NET
Miscellaneous
1 4 (16.00%) Equities
2 3 (12.00%) BYOD
2 3 (12.00%) Fixed Income
2 3 (12.00%) Hedge funds
3 2 (8.00%) Blackberry
3 2 (8.00%) Mobile App
3 2 (8.00%) Smartphone
4 1 (4.00%) Credit Derivative
4 1 (4.00%) Derivative
4 1 (4.00%) Foreign Exchange (FX)
Operating Systems
1 9 (36.00%) Windows
2 8 (32.00%) Windows 7
3 4 (16.00%) Windows 8
4 2 (8.00%) Android
4 2 (8.00%) Apple iOS
5 1 (4.00%) Mac OS X
5 1 (4.00%) Windows 10
5 1 (4.00%) Windows Server
5 1 (4.00%) Windows Server 2012
Processes & Methodologies
1 16 (64.00%) Asset Management
2 11 (44.00%) Investment Management
3 8 (32.00%) Disaster Recovery
3 8 (32.00%) Portfolio Management
3 8 (32.00%) Problem Management
4 4 (16.00%) Fund Management
4 4 (16.00%) Incident Management
5 3 (12.00%) ITIL
6 2 (8.00%) Process Improvement
7 1 (4.00%) Business Continuity
7 1 (4.00%) Business Continuity Management
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 Reconciliation
7 1 (4.00%) Project Management
7 1 (4.00%) Server Monitoring
7 1 (4.00%) Service Delivery
7 1 (4.00%) Service Management
Programming Languages
1 9 (36.00%) VBA
2 4 (16.00%) SQL
3 2 (8.00%) PowerShell
4 1 (4.00%) C#
4 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%) AIFMD
1 1 (4.00%) EMIR
1 1 (4.00%) MiFID
1 1 (4.00%) Solvency II
System Software
1 4 (16.00%) Active Directory
2 1 (4.00%) VMware Infrastructure
Vendors
1 24 (96.00%) Bloomberg
2 20 (80.00%) Reuters
3 10 (40.00%) Charles River
4 5 (20.00%) Microsoft
5 4 (16.00%) Fidessa
6 2 (8.00%) Cisco
6 2 (8.00%) Citrix
6 2 (8.00%) CQG
6 2 (8.00%) HP
7 1 (4.00%) Apple
7 1 (4.00%) Oracle
7 1 (4.00%) ServiceNow
7 1 (4.00%) StatPro
7 1 (4.00%) Sybase
7 1 (4.00%) VMware