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 17 April 2014 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
17 Apr 2014
Same period 2013 Same period 2012
Greeks
Rank 555 516 520
Rank change year-on-year
-39 +4
Contract jobs citing Greeks 33 40 65
As % of all contract IT jobs located in the UK 0.059% 0.084% 0.11%
As % of the Processes & Methodologies category 0.080% 0.12% 0.15%
Number of daily rates quoted 28 35 51
Average daily rate £581 £575 £550
Average daily rate % change year-on-year
+1.08% +4.54%
90% offered a daily rate of more than £425 £525 £400
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate - £600 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
41318 34649 42090
As % of all contract IT jobs located in the UK 73.34% 72.50% 69.43%
Number of daily rates quoted 25663 20657 24013
Average daily rate £400 £405 £410
Average daily rate % change year-on-year
-1.23% -1.21%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £563 £575 £588
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1168 1064 1437
Average hourly rate £28.49 £32.00 £27.50
Average hourly rate % change year-on-year
-10.98% +16.36%
90% offered a hourly rate of more than £12.49 £13.50 £13.00
10% offered a hourly rate of more than £52.50 £54.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%

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 17 April 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 5 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 17 April 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
(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
Find
Job
Vacancies
London -39 33 £581 +1.08%
England -40 33 £581 +1.08%
City of London -7 17 £613 +8.88%
Scotland - - - -
Edinburgh - - - -

Greeks
Top 30 Related IT Skills

For the 6 months to 17 April 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 32 (66.67%) Front Office
2 25 (52.08%) Derivative
3 23 (47.92%) C#
4 20 (41.67%) SQL
4 20 (41.67%) Banking
5 16 (33.33%) Investment Banking
6 14 (29.17%) Market Risk
7 11 (22.92%) Java
8 10 (20.83%) C++
8 10 (20.83%) VBA
8 10 (20.83%) Foreign Exchange (FX)
8 10 (20.83%) Fixed Income
8 10 (20.83%) Risk Management
9 9 (18.75%) .NET
9 9 (18.75%) WCF
9 9 (18.75%) Multithreading
10 7 (14.58%) Equity Derivative
10 7 (14.58%) Degree
10 7 (14.58%) RAD
11 6 (12.50%) ClearCase
11 6 (12.50%) JMS
11 6 (12.50%) Oracle
11 6 (12.50%) Finance
11 6 (12.50%) Maven
11 6 (12.50%) Credit Risk
11 6 (12.50%) Hudson
12 5 (10.42%) SQL Server 2008
12 5 (10.42%) SQL Server 2012
12 5 (10.42%) Analytics
12 5 (10.42%) LINQ

Greeks
Top Related IT Skills by Category

For the 6 months to 17 April 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.

Applications
1 1 (2.08%) MS Excel
1 1 (2.08%) Spreadsheet
Database & Business Intelligence
1 5 (10.42%) SQL Server
1 5 (10.42%) SQL Server 2008
1 5 (10.42%) SQL Server 2012
Development Applications
1 6 (12.50%) ClearCase
1 6 (12.50%) Maven
1 6 (12.50%) Hudson
General
1 32 (66.67%) Front Office
2 20 (41.67%) Banking
3 16 (33.33%) Investment Banking
4 6 (12.50%) Finance
Job Titles
1 30 (62.50%) Developer
2 16 (33.33%) Analyst
3 11 (22.92%) Business Analyst
4 10 (20.83%) Java Developer
5 9 (18.75%) C# Developer
6 7 (14.58%) Project Manager
7 5 (10.42%) Investment Banking Business Analyst
7 5 (10.42%) RAD Developer
7 5 (10.42%) Project Analyst
7 5 (10.42%) Quantitative Analyst
7 5 (10.42%) Risk Analyst
8 4 (8.33%) Quantitative Developer
8 4 (8.33%) Analyst Developer
8 4 (8.33%) Market Risk Developer
9 2 (4.17%) Market Risk Business Analyst
9 2 (4.17%) Market Analyst
9 2 (4.17%) IT Business Analyst
9 2 (4.17%) Senior C# Developer
9 2 (4.17%) Senior Developer
9 2 (4.17%) Market Risk Analyst
Libraries, Frameworks & Software Standards
1 9 (18.75%) .NET
1 9 (18.75%) WCF
2 6 (12.50%) JMS
3 5 (10.42%) LINQ
4 3 (6.25%) WPF
4 3 (6.25%) WinForms
5 2 (4.17%) .NET Framework
6 1 (2.08%) FpML
6 1 (2.08%) XML
Miscellaneous
1 25 (52.08%) Derivative
2 14 (29.17%) Market Risk
3 10 (20.83%) Foreign Exchange (FX)
3 10 (20.83%) Fixed Income
4 7 (14.58%) Equity Derivative
5 6 (12.50%) Credit Risk
6 4 (8.33%) Statistics
6 4 (8.33%) Economics
7 3 (6.25%) Credit Derivative
8 2 (4.17%) Computer Science
9 1 (2.08%) Equities
9 1 (2.08%) Mathematics
Processes & Methodologies
1 10 (20.83%) Risk Management
2 9 (18.75%) Multithreading
3 7 (14.58%) RAD
4 5 (10.42%) Analytics
5 4 (8.33%) Stress Testing
5 4 (8.33%) Stochastic Calculus
5 4 (8.33%) Econometrics
5 4 (8.33%) Quantitative Analysis
6 2 (4.17%) Business Analysis
6 2 (4.17%) Low Latency
7 1 (2.08%) Time Management
7 1 (2.08%) Monte Carlo Method
7 1 (2.08%) Algorithmic Trading
7 1 (2.08%) User Acceptance Testing
7 1 (2.08%) Regression Testing
7 1 (2.08%) Migration
7 1 (2.08%) Stakeholder Management
Programming Languages
1 23 (47.92%) C#
2 20 (41.67%) SQL
3 11 (22.92%) Java
4 10 (20.83%) C++
4 10 (20.83%) VBA
5 4 (8.33%) Scala
6 2 (4.17%) T-SQL
7 1 (2.08%) PL/SQL
Qualifications
1 7 (14.58%) Degree
Quality Assurance & Compliance
1 2 (4.17%) QA
Vendors
1 6 (12.50%) Oracle
2 1 (2.08%) Microsoft
2 1 (2.08%) TIBCO