Permanent IT Jobs Contract IT Jobs

The first part of the 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 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all of the Processes & Methodologies category.

LinkGreeks
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank444410558
Rank change year-on-year
Down-34Up+148
Matching contract IT job ads493142
As % of all contract IT jobs located in the UK0.101 %0.079 %0.051 %
As % of the Processes & Methodologies category0.172 %0.148 %0.103 %
Daily rates quoted391723
Average daily rate£575£550£550
Average daily rate % change year-on-year
+4.540 %-
90% of contracts offered a daily rate of more than£445£396£425
10% of contracts offered a daily rate of more than£605£610£750
UK excluding London average daily rate---
Hourly rates quoted002
Average hourly rate--£40.00
UK excluding London average hourly rate---
IT Contractor Job Market, Processes & Methodologies CategoryAll Processes & Methodologies
UK
Contract IT job ads with a match in the
Processes & Methodologies category
284392091640911
As % of all contract IT jobs located in the UK58.87 %53.02 %49.77 %
Daily rates quoted13684739614067
Average daily rate£410£400£400
Average daily rate % change year-on-year
+2.500 %-
90% of contracts offered a daily rate of more than£250£235£263
10% of contracts offered a daily rate of more than£575£550£600
UK excluding London average daily rate£350£360£375
% change year-on-year
-2.770 %-4.000 %
Hourly rates quoted114812112463
Average hourly rate£25.00£27.50£30.00
Average hourly rate % change year-on-year
-9.090 %-8.330 %
90% of contracts offered a hourly rate of more than£12.21£13.00£13.50
10% of contracts offered a hourly rate of more than£42.50£42.50£44.00
UK excluding London average hourly rate£24.50£27.50£30.00
% change year-on-year
-10.90 %-8.330 %

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.

Greeks
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Greeks within the UK as a proportion of the total demand within the Processes & Methodologies category.

Greeks Demand Trend

Greeks
Daily Rate Trend

The 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

The chart provides a histogram of daily rates quoted in contract IT jobs citing Greeks within the UK over the 3 months to 19 March 2010.

Greeks Daily Rate Histogram

Greeks
Hourly Rate Trend

The 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 19 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
EnglandDown-2649£575+4.54 %
LondonDown-4649£575+4.54 %
City of LondonDown-4332£575+17.94 %

Greeks
Top 30 Related IT Skills

For the 6 months to 19 March 2010, 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.

152 (69.33 %)Front Office
251 (68.00 %)Derivative
334 (45.33 %)Java
428 (37.33 %)Banking
527 (36.00 %)C#
625 (33.33 %)SQL
625 (33.33 %)Risk Management
722 (29.33 %)Foreign Exchange (FX)
820 (26.67 %)Investment Banking
918 (24.00 %)Finance
918 (24.00 %)VBA
918 (24.00 %)Equity Derivative
1017 (22.67 %)Market Risk
1017 (22.67 %)Sybase
1114 (18.67 %)T-SQL
1114 (18.67 %).NET
1213 (17.33 %)C++
1213 (17.33 %)Fixed Income
1213 (17.33 %)Business Analysis
1312 (16.00 %)Spreadsheet
1411 (14.67 %)Interest Rate Derivative
1411 (14.67 %)Credit Derivative
159 (12.00 %)Data Analysis
159 (12.00 %)Monte Carlo Method
159 (12.00 %)Perl
168 (10.67 %)JavaScript
168 (10.67 %)UNIX
168 (10.67 %)Equities
168 (10.67 %)Credit Risk
168 (10.67 %)Multithreading

Greeks
Top Related IT Skills by Category

For the 6 months to 19 March 2010, 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.

IT Contractor Job Market, Application Development CategoryApplication Development
114 (18.67 %).NET
27 (9.333 %)Oracle Coherence
27 (9.333 %)WinForms
36 (8.000 %)J2SE
45 (6.667 %)Java EE
45 (6.667 %)Spring
45 (6.667 %)Hibernate
54 (5.333 %)XML
54 (5.333 %)WPF
63 (4.000 %)JMS
72 (2.667 %)Web Services
81 (1.333 %)WCF
81 (1.333 %)ASP.NET
81 (1.333 %)Swing
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
12 (2.667 %)SharePoint
IT Contractor Job Market, Applications CategoryApplications
112 (16.00 %)Spreadsheet
25 (6.667 %)MS Excel
IT Contractor Job Market, Business Applications CategoryBusiness Applications
12 (2.667 %)RMDS
21 (1.333 %)Sophis VALUE
21 (1.333 %)Summit
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
11 (1.333 %)Internet
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
16 (8.000 %)SQL Server
23 (4.000 %)Sybase IQ
31 (1.333 %)Reference Data
31 (1.333 %)RDBMS
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
12 (2.667 %)QuickTest Pro
12 (2.667 %)JIRA
IT Contractor Job Market, General CategoryGeneral
152 (69.33 %)Front Office
228 (37.33 %)Banking
320 (26.67 %)Investment Banking
418 (24.00 %)Finance
58 (10.67 %)Billing
62 (2.667 %)Education
71 (1.333 %)Government
71 (1.333 %)Financial Institution
IT Contractor Job Market, Job Titles CategoryJob Titles
139 (52.00 %)Developer
228 (37.33 %)Analyst
319 (25.33 %)Business Analyst
416 (21.33 %)Java Developer
59 (12.00 %)C# Developer
59 (12.00 %)Risk Analyst
68 (10.67 %)Market Risk Analyst
77 (9.333 %)Market Analyst
84 (5.333 %)Perl Developer
84 (5.333 %)Senior Developer
93 (4.000 %)GUI Developer
93 (4.000 %)Market Risk Business Analyst
93 (4.000 %)VBA Developer
93 (4.000 %)Tester
93 (4.000 %)Front Office Developer
102 (2.667 %)Senior Analyst
102 (2.667 %)Junior
102 (2.667 %)Programmer
102 (2.667 %)Senior Business Analyst
102 (2.667 %)Junior Analyst
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
151 (68.00 %)Derivative
222 (29.33 %)Foreign Exchange (FX)
318 (24.00 %)Equity Derivative
417 (22.67 %)Market Risk
513 (17.33 %)Fixed Income
611 (14.67 %)Interest Rate Derivative
611 (14.67 %)Credit Derivative
78 (10.67 %)Equities
78 (10.67 %)Credit Risk
78 (10.67 %)Multithreading
86 (8.000 %)Equity Risk
93 (4.000 %)Mathematics
102 (2.667 %)Grid Computing
102 (2.667 %)Exotic Derivative
111 (1.333 %)Tandem
IT Contractor Job Market, Operating Systems CategoryOperating Systems
18 (10.67 %)UNIX
27 (9.333 %)Windows
33 (4.000 %)Solaris
41 (1.333 %)Linux
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
125 (33.33 %)Risk Management
213 (17.33 %)Business Analysis
39 (12.00 %)Data Analysis
39 (12.00 %)Monte Carlo Method
48 (10.67 %)Electronic Trading
55 (6.667 %)Black-Scholes
55 (6.667 %)TDD
55 (6.667 %)OO
64 (5.333 %)Data Modelling
64 (5.333 %)Software Engineering
64 (5.333 %)Stress Testing
73 (4.000 %)User Acceptance Testing
82 (2.667 %)RAD
82 (2.667 %)ITIL
82 (2.667 %)Requirements Analysis
91 (1.333 %)Algorithmic Trading
91 (1.333 %)Use Case
91 (1.333 %)Business Process Improvement
91 (1.333 %)Data Management
91 (1.333 %)Agile Software Development
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
134 (45.33 %)Java
227 (36.00 %)C#
325 (33.33 %)SQL
418 (24.00 %)VBA
514 (18.67 %)T-SQL
613 (17.33 %)C++
79 (12.00 %)Perl
88 (10.67 %)JavaScript
93 (4.000 %)Shell Script
102 (2.667 %)VB
111 (1.333 %)Bash shell
111 (1.333 %)Python
IT Contractor Job Market, Qualifications CategoryQualifications
13 (4.000 %)Degree
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
12 (2.667 %)QA
IT Contractor Job Market, System Software CategorySystem Software
11 (1.333 %)Microsoft Virtual Server
IT Contractor Job Market, Vendors CategoryVendors
117 (22.67 %)Sybase
28 (10.67 %)DataSynapse
37 (9.333 %)Oracle
45 (6.667 %)GigaSpaces
45 (6.667 %)Microsoft
53 (4.000 %)Yolus
62 (2.667 %)Murex
71 (1.333 %)Lattice Semiconductor
71 (1.333 %)TIBCO
71 (1.333 %)Sophis