Permanent IT Jobs Contract IT Jobs

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

LinkSophis VALUE
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank481-589
Rank change year-on-year
New entry-No change0
Matching contract IT job ads12011
As % of all contract IT jobs located in the UK0.025 %-0.013 %
As % of the Business Applications category0.290 %-0.186 %
Daily rates quoted906
Average daily rate£650-£375
UK excluding London average daily rate--£375
Hourly rates quoted000
Average hourly rate---
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
414033635928
As % of all contract IT jobs located in the UK8.570 %8.525 %7.212 %
Daily rates quoted166510221650
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£283£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 quoted7068138
Average hourly rate£32.75£24.75£28.72
Average hourly rate % change year-on-year
+32.32 %-13.82 %
90% of contracts offered a hourly rate of more than£15.00£11.15£12.30
10% of contracts offered a hourly rate of more than£47.55£57.00£57.50
UK excluding London average hourly rate£31.50£20.50£25.00
% change year-on-year
+53.65 %-18.00 %

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.

Sophis VALUE
Demand Trend

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

Sophis VALUE Demand Trend

Sophis VALUE
Daily Rate Trend

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

Sophis VALUE Daily Rate Trend

Sophis VALUE
Daily Rate Histogram

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

Sophis VALUE Daily Rate Histogram

Sophis VALUE
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Sophis VALUE 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
EnglandNew entry-12£650-
LondonNew entry-12£650-
Canary WharfNew entry-9£650-
City of LondonNew entry-2£625-

Sophis VALUE
Top 21 Related IT Skills

For the 6 months to 19 March 2010, IT contractor jobs within the UK citing Sophis VALUE 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 Sophis VALUE.

114 (100.00 %)Sophis
210 (71.43 %)Sophis RISQUE
210 (71.43 %)Derivative
210 (71.43 %)Equity Derivative
36 (42.86 %)Calypso
36 (42.86 %)Migration
36 (42.86 %)GAP Analysis
36 (42.86 %)VBA
36 (42.86 %)Business Analysis
44 (28.57 %)Sophis Toolkit
44 (28.57 %)C++
53 (21.43 %)User Acceptance Testing
62 (14.29 %)C#
62 (14.29 %)SQL
71 (7.143 %)Perl
71 (7.143 %)UNIX
71 (7.143 %)Front Office
71 (7.143 %)Back Office
71 (7.143 %)Finance
71 (7.143 %)Financial Institution
71 (7.143 %)Greeks

Sophis VALUE
Top Related IT Skills by Category

For the 6 months to 19 March 2010, IT contractor jobs within the UK citing Sophis VALUE 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 Sophis VALUE. Up to 20 skills are shown per category.

IT Contractor Job Market, Application Development CategoryApplication Development
14 (28.57 %)Sophis Toolkit
IT Contractor Job Market, Business Applications CategoryBusiness Applications
110 (71.43 %)Sophis RISQUE
IT Contractor Job Market, General CategoryGeneral
11 (7.143 %)Front Office
11 (7.143 %)Back Office
11 (7.143 %)Finance
11 (7.143 %)Financial Institution
IT Contractor Job Market, Job Titles CategoryJob Titles
17 (50.00 %)Sophis Business Analyst
17 (50.00 %)Business Analyst
17 (50.00 %)Analyst
26 (42.86 %)Developer
26 (42.86 %)Sophis Developer
31 (7.143 %)VBA Developer
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
110 (71.43 %)Derivative
110 (71.43 %)Equity Derivative
IT Contractor Job Market, Operating Systems CategoryOperating Systems
11 (7.143 %)UNIX
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
16 (42.86 %)Migration
16 (42.86 %)GAP Analysis
16 (42.86 %)Business Analysis
23 (21.43 %)User Acceptance Testing
31 (7.143 %)Greeks
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
16 (42.86 %)VBA
24 (28.57 %)C++
32 (14.29 %)C#
32 (14.29 %)SQL
41 (7.143 %)Perl
IT Contractor Job Market, Vendors CategoryVendors
114 (100.00 %)Sophis
26 (42.86 %)Calypso