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 20 November 2014 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
20 Nov 2014
Same period 2013 Same period 2012
Greeks
Rank 570 531 522
Rank change year-on-year
-39 -9
Contract jobs citing Greeks 27 40 44
As % of all contract IT jobs located in the UK 0.047% 0.078% 0.086%
As % of the Processes & Methodologies category 0.064% 0.11% 0.12%
Number of daily rates quoted 26 39 40
Average daily rate
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£600 £575 £650
Average daily rate % change year-on-year
+4.34% -11.53%
90% offered a daily rate of more than £494 £550 £474
10% offered a daily rate of more than £638 £620 £703
UK excluding London average daily rate - £725 -
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
42027 37747 36735
As % of all contract IT jobs located in the UK 73.66% 73.76% 71.56%
Number of daily rates quoted 27216 23426 21433
Average daily rate £420 £400 £400
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £275 £270 £270
10% offered a daily rate of more than £588 £575 £575
UK excluding London average daily rate £380 £363 £370
% change year-on-year
+4.82% -2.02%
Number of hourly rates quoted 1179 1142 1414
Average hourly rate £25.00 £26.50 £28.25
Average hourly rate % change year-on-year
-5.66% -6.19%
90% offered a hourly rate of more than £12.00 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £45.00 £46.50
UK excluding London average hourly rate £25.00 £30.00 £29.00
% change year-on-year
-16.66% +3.44%

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 20 November 2014.

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 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 20 November 2014. 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 -13 27 £600 +4.34% 1
England -35 27 £600 +4.34% 1
City of London +5 12 £600 +2.12%

Greeks
Top 30 Related IT Skills

For the 6 months to 20 November 2014, 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 (54.55%) Front Office
2 33 (50.00%) C#
3 31 (46.97%) Fixed Income
4 27 (40.91%) Foreign Exchange (FX)
4 27 (40.91%) SQL
5 24 (36.36%) Banking
6 21 (31.82%) Investment Banking
7 19 (28.79%) Risk Management
8 18 (27.27%) .NET
9 17 (25.76%) Finance
10 16 (24.24%) Derivative
10 16 (24.24%) Market Risk
11 14 (21.21%) SQL Server
11 14 (21.21%) OO
12 13 (19.70%) OOP
13 12 (18.18%) Java
14 11 (16.67%) Oracle
14 11 (16.67%) Low Latency
15 9 (13.64%) Multithreading
15 9 (13.64%) WCF
15 9 (13.64%) C++
16 8 (12.12%) VBA
16 8 (12.12%) ASP.NET
16 8 (12.12%) Grid Computing
16 8 (12.12%) Agile Software Development
16 8 (12.12%) TDD
17 7 (10.61%) MDX
17 7 (10.61%) TIBCO
18 6 (9.09%) OLAP
18 6 (9.09%) Credit Derivative

Greeks
Top Related IT Skills by Category

For the 6 months to 20 November 2014, 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 5 (7.58%) TIBCO EMS
Applications
1 2 (3.03%) MS Office
1 2 (3.03%) MS Excel
2 1 (1.52%) MS Visio
2 1 (1.52%) Spreadsheet
Business Applications
1 1 (1.52%) Cognos TM1
1 1 (1.52%) Cognos Business Intelligence
Database & Business Intelligence
1 14 (21.21%) SQL Server
2 6 (9.09%) OLAP
2 6 (9.09%) Big Data
3 5 (7.58%) Data Mining
4 4 (6.06%) SQL Server 2005
4 4 (6.06%) SQL Server 2008
5 2 (3.03%) Relational Database
6 1 (1.52%) OLAP Cube
6 1 (1.52%) SQL Server Integration Services
6 1 (1.52%) SQL Server Analysis Services
6 1 (1.52%) Oracle Database
6 1 (1.52%) SQL Server Reporting Services
6 1 (1.52%) Data Warehouse
Development Applications
1 2 (3.03%) Ant
1 2 (3.03%) Maven
2 1 (1.52%) TeamCity
2 1 (1.52%) Team Foundation Server
2 1 (1.52%) Rhino Mocks
General
1 36 (54.55%) Front Office
2 24 (36.36%) Banking
3 21 (31.82%) Investment Banking
4 17 (25.76%) Finance
5 2 (3.03%) Law
5 2 (3.03%) Financial Institution
Job Titles
1 43 (65.15%) Developer
2 25 (37.88%) C# Developer
3 13 (19.70%) Analyst
4 11 (16.67%) Business Analyst
4 11 (16.67%) .NET Developer
5 10 (15.15%) C# .NET Developer
6 8 (12.12%) C++ Developer
6 8 (12.12%) Market Risk Analyst
6 8 (12.12%) Front Office Developer
6 8 (12.12%) Market Risk Business Analyst
7 7 (10.61%) Senior Developer
7 7 (10.61%) Java Developer
8 5 (7.58%) Development Manager
8 5 (7.58%) C# ASP.NET Developer
8 5 (7.58%) C++/C# Developer
8 5 (7.58%) Banking Business Analyst
8 5 (7.58%) Senior C# Developer
9 4 (6.06%) Excel Developer
9 4 (6.06%) Risk Analyst
9 4 (6.06%) VBA Developer
Libraries, Frameworks & Software Standards
1 18 (27.27%) .NET
2 9 (13.64%) WCF
3 8 (12.12%) ASP.NET
4 7 (10.61%) MDX
5 5 (7.58%) jQuery
5 5 (7.58%) HTML
5 5 (7.58%) Rendezvous
5 5 (7.58%) HTML5
6 4 (6.06%) ASP.NET MVC
6 4 (6.06%) XML
6 4 (6.06%) WPF
7 3 (4.55%) FpML
8 2 (3.03%) Hibernate
8 2 (3.03%) Spring
8 2 (3.03%) RESTful
8 2 (3.03%) Boost C++ Libraries
8 2 (3.03%) STL
8 2 (3.03%) Web Services
8 2 (3.03%) J2EE
8 2 (3.03%) AngularJS
Miscellaneous
1 31 (46.97%) Fixed Income
2 27 (40.91%) Foreign Exchange (FX)
3 16 (24.24%) Derivative
3 16 (24.24%) Market Risk
4 8 (12.12%) Grid Computing
5 6 (9.09%) Equities
5 6 (9.09%) Credit Derivative
6 5 (7.58%) Analytical Skills
7 4 (6.06%) Interest Rate Derivative
7 4 (6.06%) Credit Risk
8 2 (3.03%) Economics
8 2 (3.03%) Inversion of Control
8 2 (3.03%) Hedge funds
9 1 (1.52%) Visualisation
Operating Systems
1 2 (3.03%) UNIX
1 2 (3.03%) Windows
Processes & Methodologies
1 19 (28.79%) Risk Management
2 14 (21.21%) OO
3 13 (19.70%) OOP
4 11 (16.67%) Low Latency
5 9 (13.64%) Multithreading
6 8 (12.12%) Agile Software Development
6 8 (12.12%) TDD
7 6 (9.09%) Business Analysis
7 6 (9.09%) Analytics
8 5 (7.58%) Scrum
8 5 (7.58%) Use Case
8 5 (7.58%) Stress Testing
8 5 (7.58%) Business Intelligence
9 4 (6.06%) MVC
9 4 (6.06%) BDD
10 3 (4.55%) Project Management
10 3 (4.55%) RAD
10 3 (4.55%) Validation
11 2 (3.03%) Asset Management
11 2 (3.03%) Data Management
Programming Languages
1 33 (50.00%) C#
2 27 (40.91%) SQL
3 12 (18.18%) Java
4 9 (13.64%) C++
5 8 (12.12%) VBA
6 5 (7.58%) JavaScript
7 2 (3.03%) Python
7 2 (3.03%) Shell Script
7 2 (3.03%) XAML
7 2 (3.03%) Groovy
7 2 (3.03%) Scala
8 1 (1.52%) C
Qualifications
1 5 (7.58%) Degree
2 1 (1.52%) MCSD
2 1 (1.52%) MCSE
2 1 (1.52%) Microsoft Certification
2 1 (1.52%) PMP
2 1 (1.52%) PMI Certification
Quality Assurance & Compliance
1 2 (3.03%) QA
2 1 (1.52%) Basel III
Vendors
1 11 (16.67%) Oracle
2 7 (10.61%) TIBCO
3 3 (4.55%) Cognos
3 3 (4.55%) Microsoft
4 2 (3.03%) Reuters
4 2 (3.03%) DataSynapse
5 1 (1.52%) DevExpress
5 1 (1.52%) Infragistics
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