Permanent IT Jobs Contract IT Jobs

The first part of the table below looks at the demand for RMDS skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited RMDS over the 3 months to 22 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 Business Applications category.

LinkReuters Market Data System (RMDS)
Location
3 months to
22 Mar 2010
Same period 2009Same period 2008
Rank357399523
Rank change year-on-year
Up+42Up+124
Matching contract IT job ads1214783
As % of all contract IT jobs located in the UK0.249 %0.118 %0.101 %
As % of the Business Applications category2.921 %1.391 %1.404 %
Daily rates quoted571237
Average daily rate£500£569£500
Average daily rate % change year-on-year
-12.08 %+13.75 %
90% of contracts offered a daily rate of more than£425£405£450
10% of contracts offered a daily rate of more than£620£650£550
UK excluding London average daily rate---
Hourly rates quoted500
Average hourly rate£21.40--
UK excluding London average hourly rate---
IT Contractor Job Market, Business Applications CategoryAll Business Applications
UK
Contract IT job ads with a match in the
Business Applications category
414233805911
As % of all contract IT jobs located in the UK8.522 %8.516 %7.208 %
Daily rates quoted167310371651
Average daily rate£450£450£475
Average daily rate % change year-on-year
--5.260 %
90% of contracts offered a daily rate of more than£278£300£325
10% of contracts offered a daily rate of more than£600£600£650
UK excluding London average daily rate£400£425£450
% change year-on-year
-5.880 %-5.550 %
Hourly rates quoted7069137
Average hourly rate£32.75£27.75£29.36
Average hourly rate % change year-on-year
+18.01 %-5.480 %
90% of contracts offered a hourly rate of more than£15.00£11.25£12.20
10% of contracts offered a hourly rate of more than£47.55£55.00£57.50
UK excluding London average hourly rate£31.50£20.75£25.00
% change year-on-year
+51.80 %-17.00 %

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.

RMDS
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing RMDS within the UK as a proportion of the total demand within the Business Applications category.

RMDS Demand Trend

RMDS
Daily Rate Trend

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

RMDS Daily Rate Trend

RMDS
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing RMDS within the UK over the 3 months to 22 March 2010.

RMDS Daily Rate Histogram

RMDS
Hourly Rate Trend

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

RMDS Hourly Rate Trend

RMDS
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing RMDS within the UK over the 3 months to 22 March 2010.

RMDS Hourly Rate Histogram

RMDS
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 RMDS within the UK over the 3 months to 22 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
EnglandUp+36121£500-12.08 %
LondonUp+2121£500-12.08 %
City of LondonDown-2075£525-7.69 %
Canary WharfNew entry-8£500-
Docklands, LondonNew entry-1£450-

RMDS
Top 30 Related IT Skills

For the 6 months to 22 March 2010, IT contractor jobs within the UK citing RMDS 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 RMDS.

1106 (57.30 %)Linux
280 (43.24 %)UNIX
280 (43.24 %)Solaris
367 (36.22 %)Reuters
465 (35.14 %)TIBCO
563 (34.05 %)Front Office
659 (31.89 %)Cisco
745 (24.32 %)Java
745 (24.32 %)Banking
839 (21.08 %)SQL
936 (19.46 %)Windows
1035 (18.92 %)Rendezvous
1133 (17.84 %)Foreign Exchange (FX)
1232 (17.30 %)Investment Banking
1331 (16.76 %)C++
1429 (15.68 %)TCP/IP
1528 (15.14 %)Bloomberg
1528 (15.14 %)Project Management
1528 (15.14 %)Finance
1627 (14.59 %)Perl
1725 (13.51 %)Business Analysis
1823 (12.43 %)Shell Script
1920 (10.81 %)Derivative
2019 (10.27 %)Electronic Trading
2116 (8.649 %)C#
2215 (8.108 %)J2EE
2215 (8.108 %)Fixed Income
2215 (8.108 %)Equities
2215 (8.108 %)FIX Protocol
2314 (7.568 %)Oracle

RMDS
Top Related IT Skills by Category

For the 6 months to 22 March 2010, IT contractor jobs within the UK citing RMDS 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 RMDS. Up to 20 skills are shown per category.

IT Contractor Job Market, Application Development CategoryApplication Development
115 (8.108 %)J2EE
115 (8.108 %)FIX Protocol
26 (3.243 %)Swing
26 (3.243 %)Web Services
26 (3.243 %)XML
26 (3.243 %)Middleware
26 (3.243 %)Oracle Coherence
34 (2.162 %)MFC
43 (1.622 %)Spring
43 (1.622 %)JMS
43 (1.622 %)Java RMI
43 (1.622 %)SOAP
43 (1.622 %)J2SE
52 (1.081 %).NET
52 (1.081 %).NET Framework
61 (0.541 %)LAMP
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
135 (18.92 %)Rendezvous
26 (3.243 %)TIBCO EMS
IT Contractor Job Market, Applications CategoryApplications
14 (2.162 %)MS Visio
22 (1.081 %)MS Project
31 (0.541 %)MS PowerPoint
31 (0.541 %)MS Excel
IT Contractor Job Market, Business Applications CategoryBusiness Applications
16 (3.243 %)3000 Xtra
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
129 (15.68 %)TCP/IP
29 (4.865 %)LAN
29 (4.865 %)WAN
33 (1.622 %)Wireless
33 (1.622 %)VoIP
33 (1.622 %)VPN
33 (1.622 %)DNS
33 (1.622 %)SSL
42 (1.081 %)Firewall
51 (0.541 %)PPP
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
16 (3.243 %)SQL Server
16 (3.243 %)KDB
23 (1.622 %)DTS
31 (0.541 %)Sybase ASE
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
12 (1.081 %)JUnit
12 (1.081 %)Visual Studio
21 (0.541 %)Maven
21 (0.541 %)Ant
IT Contractor Job Market, General CategoryGeneral
163 (34.05 %)Front Office
245 (24.32 %)Banking
332 (17.30 %)Investment Banking
428 (15.14 %)Finance
511 (5.946 %)Publishing
68 (4.324 %)Financial Institution
76 (3.243 %)Education
81 (0.541 %)Construction
IT Contractor Job Market, Job Titles CategoryJob Titles
144 (23.78 %)Developer
237 (20.00 %)Analyst
326 (14.05 %)Market Data Engineer
425 (13.51 %)Implementation Engineer
425 (13.51 %)Architect
523 (12.43 %)Java Developer
620 (10.81 %)Business Analyst
718 (9.730 %)Senior Developer
816 (8.649 %)Support Analyst
914 (7.568 %)Senior Java Developer
1013 (7.027 %)Data Architect
117 (3.784 %)Project Manager
125 (2.703 %)Market Analyst
125 (2.703 %)Data Analyst
125 (2.703 %)Front Office Developer
134 (2.162 %)Consultant
134 (2.162 %)Support Engineer
134 (2.162 %)Applications Support
134 (2.162 %)Data Consultant
134 (2.162 %)C++ Developer
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
133 (17.84 %)Foreign Exchange (FX)
220 (10.81 %)Derivative
315 (8.108 %)Fixed Income
315 (8.108 %)Equities
48 (4.324 %)Multithreading
57 (3.784 %)Client/Server
66 (3.243 %)Blackberry
66 (3.243 %)Equity Derivative
74 (2.162 %)Mathematics
83 (1.622 %)Market Risk
91 (0.541 %)Credit Derivative
IT Contractor Job Market, Operating Systems CategoryOperating Systems
1106 (57.30 %)Linux
280 (43.24 %)UNIX
280 (43.24 %)Solaris
336 (19.46 %)Windows
413 (7.027 %)Windows XP
53 (1.622 %)Windows 2000
62 (1.081 %)Red Hat Linux
71 (0.541 %)HPUX
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
128 (15.14 %)Project Management
225 (13.51 %)Business Analysis
319 (10.27 %)Electronic Trading
410 (5.405 %)E-Commerce
410 (5.405 %)RUP
56 (3.243 %)Software Testing
56 (3.243 %)TDD
65 (2.703 %)User Acceptance Testing
65 (2.703 %)OO
74 (2.162 %)Data Modelling
74 (2.162 %)Validation
74 (2.162 %)Migration
74 (2.162 %)Release Management
74 (2.162 %)Data Validation
83 (1.622 %)Data Migration
83 (1.622 %)Workflow
83 (1.622 %)RDF
92 (1.081 %)Programme Management
92 (1.081 %)Enterprise Architecture
92 (1.081 %)Greeks
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
145 (24.32 %)Java
239 (21.08 %)SQL
331 (16.76 %)C++
427 (14.59 %)Perl
523 (12.43 %)Shell Script
616 (8.649 %)C#
710 (5.405 %)C
86 (3.243 %)Tcl
94 (2.162 %)VC++
94 (2.162 %)Korn
94 (2.162 %)C-shell
103 (1.622 %)Bash shell
IT Contractor Job Market, Qualifications CategoryQualifications
112 (6.486 %)Degree
IT Contractor Job Market, Systems Management CategorySystems Management
16 (3.243 %)TIBCO Hawk
21 (0.541 %)OpenView
IT Contractor Job Market, Vendors CategoryVendors
167 (36.22 %)Reuters
265 (35.14 %)TIBCO
359 (31.89 %)Cisco
428 (15.14 %)Bloomberg
514 (7.568 %)Oracle
610 (5.405 %)Wall Street Systems
79 (4.865 %)Sybase
88 (4.324 %)Murex
97 (3.784 %)Telerate
105 (2.703 %)Sun
113 (1.622 %)Syntegra
113 (1.622 %)Microsoft
113 (1.622 %)Fidessa
122 (1.081 %)Citrix
122 (1.081 %)Red Hat
131 (0.541 %)Tradeweb
131 (0.541 %)Proquote
131 (0.541 %)Sophis
131 (0.541 %)HP
131 (0.541 %)Charles River