The first table below looks at the demand for Greeks skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Greeks over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category.

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.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Greeks
Rank 499 518 490
Rank change year-on-year
+19 -28
Contract jobs citing Greeks 30 66 94
As % of all contract IT jobs located in the UK 0.065% 0.113% 0.154%
As % of the Processes & Methodologies category 0.091% 0.167% 0.228%
Number of daily rates quoted 28 53 73
Average daily rate £575 £550 £585
Average daily rate % change year-on-year
+4.54% -5.98%
90% offered a daily rate of more than £535 £400 £450
10% offered a daily rate of more than £650 £700 £725
UK excluding London average daily rate £600 - £350
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Processes & Methodologies
UK
Contract IT job ads with a match in the
Processes & Methodologies category
32941 39581 41270
As % of all contract IT jobs located in the UK 71.01% 67.87% 67.60%
Number of daily rates quoted 19678 22705 23413
Average daily rate £413 £403 £438
Average daily rate % change year-on-year
+2.48% -8.00%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £575 £580 £600
UK excluding London average daily rate £365 £365 £375
% change year-on-year
- -2.66%
Number of hourly rates quoted 976 1282 1475
Average hourly rate £30.00 £25.00 £29.00
Average hourly rate % change year-on-year
+20.00% -13.79%
90% offered a hourly rate of more than £13.50 £12.50 £13.50
10% offered a hourly rate of more than £50.00 £45.00 £45.00
UK excluding London average hourly rate £30.00 £25.00 £29.50
% change year-on-year
+20.00% -15.25%

Greeks
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Greeks within the UK as a proportion of the total demand within the Processes & Methodologies category.

Greeks Jobs Demand Trend

Greeks
Daily Rate Trend

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

Greeks Daily Rate Trend

Greeks
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks within the UK over the 3 months to 24 May 2013.

Greeks Daily Rate Histogram

Greeks
Hourly Rate Trend

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

Greeks Hourly Rate Trend

Greeks
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 Greeks within the UK over the 3 months to 24 May 2013. 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 each for more statistics)
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
England +8 28 £575 +4.54%
London 0 28 £575 +4.54%
City of London -1 12 £625 +13.63%

Greeks
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Greeks 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 Greeks.

1 36 (60.00%) SQL
2 32 (53.33%) Front Office
3 26 (43.33%) C#
4 25 (41.67%) Derivative
5 24 (40.00%) Market Risk
5 24 (40.00%) Java
6 22 (36.67%) Risk Management
7 20 (33.33%) Python
7 20 (33.33%) VBA
8 19 (31.67%) Data Analysis
9 18 (30.00%) Monte Carlo Method
9 18 (30.00%) OO
10 17 (28.33%) Fixed Income
11 15 (25.00%) Analytics
11 15 (25.00%) Jython
12 14 (23.33%) Business Analysis
12 14 (23.33%) Banking
13 13 (21.67%) Investment Banking
13 13 (21.67%) Validation
14 12 (20.00%) SQL Server
15 11 (18.33%) Basel II
15 11 (18.33%) CRM
15 11 (18.33%) Finance
15 11 (18.33%) Equity Derivative
15 11 (18.33%) Credit Derivative
16 10 (16.67%) French Language
16 10 (16.67%) Basel III
16 10 (16.67%) Oracle
16 10 (16.67%) Foreign Exchange (FX)
16 10 (16.67%) .NET

Greeks
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs within the UK citing Greeks 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 Greeks. Up to 20 skills are shown per category.

Application Development
1 10 (16.67%) .NET
2 8 (13.33%) WPF
3 4 (6.667%) XML
3 4 (6.667%) WinForms
4 3 (5.000%) WCF
5 2 (3.333%) JMS
5 2 (3.333%) Servlets
5 2 (3.333%) J2EE
5 2 (3.333%) Reactive Extensions
6 1 (1.667%) LINQ
Application Platforms
1 1 (1.667%) Oracle Coherence
Business Applications
1 1 (1.667%) Bloomberg TOMS
Communications & Networking
1 4 (6.667%) HTTP
Database & Business Intelligence
1 12 (20.00%) SQL Server
2 3 (5.000%) SQL Server 2008
2 3 (5.000%) SQL Server 2005
3 1 (1.667%) SQL Server 2012
Development Applications
1 5 (8.333%) ClearCase
2 4 (6.667%) Eclipse
2 4 (6.667%) Ant
3 3 (5.000%) JIRA
4 2 (3.333%) Maven
4 2 (3.333%) Hudson
5 1 (1.667%) Rhino Mocks
5 1 (1.667%) QuickTest Pro
General
1 32 (53.33%) Front Office
2 14 (23.33%) Banking
3 13 (21.67%) Investment Banking
4 11 (18.33%) Finance
5 10 (16.67%) French Language
6 4 (6.667%) Back Office
Job Titles
1 27 (45.00%) Analyst
2 24 (40.00%) Business Analyst
3 21 (35.00%) Market Risk Analyst
4 20 (33.33%) Developer
5 19 (31.67%) Market Risk Business Analyst
6 16 (26.67%) Investment Banking Business Analyst
7 13 (21.67%) Risk Analyst
7 13 (21.67%) Market Analyst
8 9 (15.00%) Senior Developer
8 9 (15.00%) Java Developer
9 8 (13.33%) Technical Analyst
10 7 (11.67%) Technical Business Analyst
11 5 (8.333%) Project Manager
12 4 (6.667%) C# Developer
12 4 (6.667%) Quantitative Analyst
13 3 (5.000%) Senior Analyst
14 2 (3.333%) Tester
14 2 (3.333%) Test Analyst
14 2 (3.333%) Senior Test Analyst
14 2 (3.333%) Risk Manager
Miscellaneous
1 25 (41.67%) Derivative
2 24 (40.00%) Market Risk
3 17 (28.33%) Fixed Income
4 11 (18.33%) Equity Derivative
4 11 (18.33%) Credit Derivative
5 10 (16.67%) Foreign Exchange (FX)
6 5 (8.333%) Grid Computing
7 4 (6.667%) Management Information System
7 4 (6.667%) Credit Risk
8 2 (3.333%) Mathematics
Operating Systems
1 2 (3.333%) Windows
1 2 (3.333%) Linux
2 1 (1.667%) UNIX
Processes & Methodologies
1 22 (36.67%) Risk Management
2 19 (31.67%) Data Analysis
3 18 (30.00%) Monte Carlo Method
3 18 (30.00%) OO
4 15 (25.00%) Analytics
5 14 (23.33%) Business Analysis
6 13 (21.67%) Validation
7 11 (18.33%) CRM
8 8 (13.33%) Multithreading
9 6 (10.00%) Agile Software Development
10 4 (6.667%) Regression Testing
10 4 (6.667%) Stakeholder Management
11 3 (5.000%) Manual Testing
11 3 (5.000%) Time Management
11 3 (5.000%) Stress Testing
11 3 (5.000%) Root Cause Analysis
11 3 (5.000%) Software Testing
12 2 (3.333%) OOD
12 2 (3.333%) Scrum
12 2 (3.333%) TDD
Programming Languages
1 36 (60.00%) SQL
2 26 (43.33%) C#
3 24 (40.00%) Java
4 20 (33.33%) Python
4 20 (33.33%) VBA
5 15 (25.00%) Jython
6 9 (15.00%) C++
7 4 (6.667%) Perl
8 1 (1.667%) XAML
Qualifications
1 3 (5.000%) ISTQB
1 3 (5.000%) ISEB
2 2 (3.333%) Degree
Quality Assurance & Compliance
1 11 (18.33%) Basel II
2 10 (16.67%) Basel III
3 3 (5.000%) QA
Systems Management
1 3 (5.000%) HP Quality Center
Vendors
1 10 (16.67%) Oracle
2 3 (5.000%) Sybase
2 3 (5.000%) Murex
2 3 (5.000%) HP
2 3 (5.000%) Bloomberg