The table below looks at the statistics for Numerical Analysis skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Numerical Analysis over the 3 months to 28 January 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
28 Jan 2015
Same period 2014 Same period 2013
Numerical Analysis
Rank 564 557 530
Rank change year-on-year
-7 -27
Contract jobs citing Numerical Analysis 7 2 1
As % of all contract IT jobs located in the UK 0.014% 0.004% 0.002%
As % of the Processes & Methodologies category 0.019% 0.006% 0.003%
Number of daily rates quoted 5 2 1
Average daily rate
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£550 £238 £250
Average daily rate % change year-on-year
+131.57% -5.00%
UK excluding London average daily rate - £225 £250
% change year-on-year
- -10.00%
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
37746 36266 32728
As % of all contract IT jobs located in the UK 75.34% 74.25% 72.06%
Number of daily rates quoted 24225 22016 19460
Average daily rate £420 £400 £400
Average daily rate % change year-on-year
+5.00% -
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £398 £375 £360
% change year-on-year
+6.00% +4.16%
Number of hourly rates quoted 992 1106 1306
Average hourly rate £25.00 £27.00 £30.00
Average hourly rate % change year-on-year
-7.40% -10.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £47.50 £46.00 £45.00
UK excluding London average hourly rate £26.00 £27.50 £31.07
% change year-on-year
-5.45% -11.49%

Numerical Analysis
Jobs Demand Trend

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

Numerical Analysis Jobs Demand Trend in the UK

Numerical Analysis
Daily Rate Trend

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

Numerical Analysis Daily Rate Trend in the UK

Numerical Analysis
Hourly Rate Trend

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

Numerical Analysis Hourly Rate Trend in the UK

Numerical Analysis
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Numerical Analysis within the UK over the 3 months to 28 January 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 +19 5 £550 +120.00% 1
England -15 5 £550 +131.57% 4
City of London - 1 £588 - 1
North Wales - - - -
South East - - - -
South West - - - - 2
Wales - - - -
Wrexham - - - -
Cambridgeshire - - - - 1
Hampshire - - - -
East of England - - - - 1
Bristol - - - - 2
Cambridge - - - - 1

Numerical Analysis
Top 30 Related IT Skills

For the 6 months to 28 January 2015, IT contractor jobs within the UK citing Numerical Analysis 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 Numerical Analysis.

1 5 (38.46%) C++
1 5 (38.46%) Algorithmic Trading
1 5 (38.46%) KDB
2 4 (30.77%) Physics
2 4 (30.77%) Chemistry
2 4 (30.77%) Biology
2 4 (30.77%) Grid Computing
2 4 (30.77%) UNIX
2 4 (30.77%) Linux
2 4 (30.77%) Software Engineering
3 3 (23.08%) Degree
3 3 (23.08%) TDD
3 3 (23.08%) TIBCO
3 3 (23.08%) Windows
3 3 (23.08%) Performance Testing
4 2 (15.38%) Analytical Skills
4 2 (15.38%) Algorithms
4 2 (15.38%) Finance
4 2 (15.38%) Banking
4 2 (15.38%) Data Analysis
5 1 (7.69%) MS PowerPoint
5 1 (7.69%) Agilent
5 1 (7.69%) C#
5 1 (7.69%) Retail
5 1 (7.69%) Management Information System
5 1 (7.69%) Manufacturing
5 1 (7.69%) Scrum
5 1 (7.69%) Java
5 1 (7.69%) MS Office
5 1 (7.69%) Project Management

Numerical Analysis
Top Related IT Skills by Category

For the 6 months to 28 January 2015, IT contractor jobs within the UK citing Numerical Analysis 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 Numerical Analysis. Up to 20 skills are shown per category.

Applications
1 1 (7.69%) MS PowerPoint
1 1 (7.69%) MS Office
1 1 (7.69%) MS Excel
Database & Business Intelligence
1 5 (38.46%) KDB
General
1 2 (15.38%) Finance
1 2 (15.38%) Banking
2 1 (7.69%) Retail
2 1 (7.69%) Manufacturing
Job Titles
1 5 (38.46%) Developer
2 4 (30.77%) Systems Administrator
2 4 (30.77%) Administrator
2 4 (30.77%) Linux Systems Administrator
2 4 (30.77%) Linux Administrator
3 2 (15.38%) Analyst
3 2 (15.38%) Data Analyst
3 2 (15.38%) MI Analyst
4 1 (7.69%) IT Project Manager
4 1 (7.69%) Hardware Engineer
4 1 (7.69%) RF Engineer
4 1 (7.69%) RF Design Engineer
4 1 (7.69%) Hardware Design Engineer
4 1 (7.69%) Design Engineer
4 1 (7.69%) Project Manager
Miscellaneous
1 4 (30.77%) Physics
1 4 (30.77%) Chemistry
1 4 (30.77%) Biology
1 4 (30.77%) Grid Computing
2 2 (15.38%) Analytical Skills
2 2 (15.38%) Algorithms
3 1 (7.69%) Management Information System
3 1 (7.69%) EPoS
Operating Systems
1 4 (30.77%) UNIX
1 4 (30.77%) Linux
2 3 (23.08%) Windows
Processes & Methodologies
1 5 (38.46%) Algorithmic Trading
2 4 (30.77%) Software Engineering
3 3 (23.08%) TDD
3 3 (23.08%) Performance Testing
4 2 (15.38%) Data Analysis
5 1 (7.69%) Scrum
5 1 (7.69%) Project Management
5 1 (7.69%) Electronic Trading
5 1 (7.69%) Continuous Improvement
5 1 (7.69%) Low Latency
Programming Languages
1 5 (38.46%) C++
2 1 (7.69%) C#
2 1 (7.69%) Java
Qualifications
1 3 (23.08%) Degree
Vendors
1 3 (23.08%) TIBCO
2 1 (7.69%) Agilent