The table below looks at the statistics 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 April 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.

Location
3 months to
24 Apr 2015
Same period 2014 Same period 2013
Greeks
Rank 568 568 517
Rank change year-on-year
0 -51
Contract jobs citing Greeks 26 32 42
As % of all contract IT jobs located in the UK 0.047% 0.058% 0.087%
As % of the Processes & Methodologies category 0.061% 0.078% 0.12%
Number of daily rates quoted 25 27 38
Average daily rate
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£588 £550 £575
Average daily rate % change year-on-year
+6.81% -4.34%
90% offered a daily rate of more than £500 £425 £518
10% offered a daily rate of more than £625 £650 £650
UK excluding London average daily rate - - £600
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 Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
42559 41264 35676
As % of all contract IT jobs located in the UK 76.38% 74.73% 73.57%
Number of daily rates quoted 26548 25722 21281
Average daily rate £415 £400 £408
Average daily rate % change year-on-year
+3.75% -1.84%
90% offered a daily rate of more than £283 £275 £275
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £393 £375 £363
% change year-on-year
+4.66% +3.44%
Number of hourly rates quoted 1225 1158 1074
Average hourly rate £29.00 £30.00 £32.00
Average hourly rate % change year-on-year
-3.33% -6.25%
90% offered a hourly rate of more than £12.10 £12.49 £13.50
10% offered a hourly rate of more than £47.50 £52.50 £54.00
UK excluding London average hourly rate £30.50 £30.50 £32.00
% change year-on-year
- -4.68%

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 in the UK

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 in the UK

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 April 2015.

Greeks Daily Rate Histogram in the UK

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 in the UK

Greeks
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 Greeks within the UK over the 3 months to 24 April 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 -1 26 £588 +6.81% 2
England -7 26 £588 +6.81% 2
City of London +19 16 £608 -4.70% 2
Canary Wharf - 1 £500 -

Greeks
Top 30 Related IT Skills

For the 6 months to 24 April 2015, 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 33 (66.00%) Front Office
2 29 (58.00%) Banking
2 29 (58.00%) SQL
3 27 (54.00%) Investment Banking
4 25 (50.00%) Java
5 19 (38.00%) C#
5 19 (38.00%) Finance
6 18 (36.00%) Derivative
7 17 (34.00%) VBA
8 16 (32.00%) Business Analysis
9 15 (30.00%) .NET
9 15 (30.00%) Risk Management
10 13 (26.00%) OO
10 13 (26.00%) Python
11 11 (22.00%) Equities
11 11 (22.00%) JavaScript
11 11 (22.00%) Market Risk
11 11 (22.00%) Multithreading
12 10 (20.00%) OOP
13 9 (18.00%) TDD
14 8 (16.00%) Fixed Income
14 8 (16.00%) Credit Derivative
14 8 (16.00%) RAD
14 8 (16.00%) Unit Testing
15 7 (14.00%) Degree
15 7 (14.00%) Foreign Exchange (FX)
16 6 (12.00%) Law
16 6 (12.00%) FpML
16 6 (12.00%) Microsoft
16 6 (12.00%) MS Excel

Greeks
Top Related IT Skills by Category

For the 6 months to 24 April 2015, 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 Platforms
1 3 (6.00%) Node.js
2 1 (2.00%) Apache Spark
Applications
1 6 (12.00%) MS Excel
1 6 (12.00%) MS Office
2 1 (2.00%) Spreadsheet
Database & Business Intelligence
1 4 (8.00%) SQL Server
2 3 (6.00%) Hadoop
2 3 (6.00%) Big Data
3 2 (4.00%) Data Warehouse
3 2 (4.00%) RDBMS
3 2 (4.00%) SQL Server 2005
3 2 (4.00%) SQL Server 2008
3 2 (4.00%) Relational Database
4 1 (2.00%) Impala
4 1 (2.00%) HBase
4 1 (2.00%) Apache Hive
4 1 (2.00%) BusinessObjects XI
4 1 (2.00%) SQL Server Analysis Services
4 1 (2.00%) QlikView
4 1 (2.00%) OLAP
Development Applications
1 3 (6.00%) Sinon.JS
1 3 (6.00%) Karma Test Runner
1 3 (6.00%) Mocha
General
1 33 (66.00%) Front Office
2 29 (58.00%) Banking
3 27 (54.00%) Investment Banking
4 19 (38.00%) Finance
5 6 (12.00%) Law
5 6 (12.00%) French Language
Job Titles
1 34 (68.00%) Developer
2 14 (28.00%) C# Developer
2 14 (28.00%) Analyst
3 13 (26.00%) Business Analyst
4 12 (24.00%) Senior Developer
4 12 (24.00%) Python Developer
4 12 (24.00%) Senior C# Developer
5 9 (18.00%) Java Developer
6 7 (14.00%) Banking Business Analyst
6 7 (14.00%) Excel Developer
7 6 (12.00%) RAD Developer
8 4 (8.00%) Web Developer
8 4 (8.00%) JavaScript Developer
9 3 (6.00%) Market Risk Analyst
9 3 (6.00%) Full Stack Developer
10 2 (4.00%) VBA Developer
10 2 (4.00%) Market Risk Business Analyst
11 1 (2.00%) Senior SQL Developer
11 1 (2.00%) Automation Analyst
11 1 (2.00%) Senior VBA Developer
Libraries, Frameworks & Software Standards
1 15 (30.00%) .NET
2 6 (12.00%) FpML
2 6 (12.00%) XML
3 5 (10.00%) AngularJS
4 4 (8.00%) ASP.NET
4 4 (8.00%) ASP.NET MVC
5 3 (6.00%) Twitter Bootstrap
5 3 (6.00%) ASP.NET Web API
5 3 (6.00%) HTML5
5 3 (6.00%) D3.js
5 3 (6.00%) HTML
6 2 (4.00%) WCF
6 2 (4.00%) WPF
7 1 (2.00%) Akka
7 1 (2.00%) Play Framework
7 1 (2.00%) REST
7 1 (2.00%) KnockoutJS
7 1 (2.00%) jQuery
7 1 (2.00%) .NET Framework
7 1 (2.00%) JMS
Miscellaneous
1 18 (36.00%) Derivative
2 11 (22.00%) Equities
2 11 (22.00%) Market Risk
3 8 (16.00%) Fixed Income
3 8 (16.00%) Credit Derivative
4 7 (14.00%) Foreign Exchange (FX)
5 4 (8.00%) Credit Risk
6 2 (4.00%) Analytical Skills
7 1 (2.00%) Equity Derivative
7 1 (2.00%) Replication
Processes & Methodologies
1 16 (32.00%) Business Analysis
2 15 (30.00%) Risk Management
3 13 (26.00%) OO
4 11 (22.00%) Multithreading
5 10 (20.00%) OOP
6 9 (18.00%) TDD
7 8 (16.00%) RAD
7 8 (16.00%) Unit Testing
8 6 (12.00%) Technical Analysis
9 5 (10.00%) Analytics
9 5 (10.00%) BDD
9 5 (10.00%) Quantitative Analysis
9 5 (10.00%) MVC
9 5 (10.00%) Agile Software Development
10 4 (8.00%) Test Scripting
10 4 (8.00%) Dependency Injection
10 4 (8.00%) Stress Testing
11 3 (6.00%) Monte Carlo Method
11 3 (6.00%) Use Case
11 3 (6.00%) Regression Testing
Programming Languages
1 29 (58.00%) SQL
2 25 (50.00%) Java
3 19 (38.00%) C#
4 17 (34.00%) VBA
5 13 (26.00%) Python
6 11 (22.00%) JavaScript
7 4 (8.00%) C
7 4 (8.00%) ECMAScript
8 2 (4.00%) PL/SQL
9 1 (2.00%) Go
9 1 (2.00%) Scala
Qualifications
1 7 (14.00%) Degree
2 1 (2.00%) Postgraduate
Quality Assurance & Compliance
1 1 (2.00%) Dodd-Frank
1 1 (2.00%) Basel III
1 1 (2.00%) QA
System Software
1 1 (2.00%) Apache Flume
Vendors
1 6 (12.00%) Microsoft
2 1 (2.00%) Actian
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