The table below looks at the statistics for Ultra-Low Latency skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Ultra-Low Latency over the 3 months to 22 August 2014 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
22 Aug 2014
Same period 2013 Same period 2012
Ultra-Low Latency
Rank 574 559 587
Rank change year-on-year
-15 +28
Contract jobs citing Ultra-Low Latency 21 19 10
As % of all contract IT jobs located in the UK 0.037% 0.036% 0.017%
As % of the Processes & Methodologies category 0.050% 0.049% 0.024%
Number of daily rates quoted 14 15 9
Average daily rate
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£575 £575 £650
Average daily rate % change year-on-year
- -11.53%
90% offered a daily rate of more than £448 £355 £573
10% offered a daily rate of more than £693 £720 £660
UK excluding London average daily rate £350 £275 -
% change year-on-year
+27.27% -
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
41835 39073 41091
As % of all contract IT jobs located in the UK 74.23% 73.30% 70.94%
Number of daily rates quoted 25909 24001 23803
Average daily rate £410 £400 £400
Average daily rate % change year-on-year
+2.50% -
90% offered a daily rate of more than £275 £270 £265
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £370 £363
% change year-on-year
+1.35% +2.06%
Number of hourly rates quoted 1148 1055 1460
Average hourly rate £23.00 £27.97 £31.00
Average hourly rate % change year-on-year
-17.76% -9.77%
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £50.00 £46.00 £45.00
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

Ultra-Low Latency
Jobs Demand Trend

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

Ultra-Low Latency Jobs Demand Trend in the UK

Ultra-Low Latency
Daily Rate Trend

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

Ultra-Low Latency Daily Rate Trend in the UK

Ultra-Low Latency
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Ultra-Low Latency within the UK over the 3 months to 22 August 2014.

Ultra-Low Latency Daily Rate Histogram in the UK

Ultra-Low Latency
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 Ultra-Low Latency within the UK over the 3 months to 22 August 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
(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
England -21 21 £575 - 5
London +18 17 £600 +4.34% 5
City of London +27 8 £550 -4.34% 4
West Midlands - 4 £350 -
Birmingham - 4 £350 -

Ultra-Low Latency
Top 30 Related IT Skills

For the 6 months to 22 August 2014, IT contractor jobs within the UK citing Ultra-Low Latency 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 Ultra-Low Latency.

1 38 (100.00%) Low Latency
2 18 (47.37%) UNIX
3 15 (39.47%) Linux
4 14 (36.84%) C++
4 14 (36.84%) Foreign Exchange (FX)
4 14 (36.84%) Banking
5 13 (34.21%) Front Office
5 13 (34.21%) Java
6 12 (31.58%) Finance
7 10 (26.32%) Multithreading
7 10 (26.32%) 29West
7 10 (26.32%) Firewall
7 10 (26.32%) Solaris
8 9 (23.68%) BGP
9 8 (21.05%) Cisco Certification
10 7 (18.42%) Cisco
10 7 (18.42%) C
10 7 (18.42%) OSPF
10 7 (18.42%) Risk Management
10 7 (18.42%) Hedge funds
10 7 (18.42%) Investment Banking
11 6 (15.79%) Multicast
11 6 (15.79%) Internet
12 5 (13.16%) Juniper
12 5 (13.16%) Shell Script
12 5 (13.16%) TIBCO
12 5 (13.16%) Financial Institution
12 5 (13.16%) SQL
12 5 (13.16%) JMS
12 5 (13.16%) CCIE

Ultra-Low Latency
Top Related IT Skills by Category

For the 6 months to 22 August 2014, IT contractor jobs within the UK citing Ultra-Low Latency 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 Ultra-Low Latency. Up to 20 skills are shown per category.

Application Platforms
1 4 (10.53%) TIBCO EMS
2 1 (2.63%) WebSphere
2 1 (2.63%) Confluence
2 1 (2.63%) Apache
2 1 (2.63%) WebLogic
Applications
1 2 (5.26%) MS Visio
Business Applications
1 3 (7.89%) RMDS
Communications & Networking
1 10 (26.32%) Firewall
2 9 (23.68%) BGP
3 7 (18.42%) OSPF
4 6 (15.79%) Multicast
4 6 (15.79%) Internet
5 5 (13.16%) LAN
5 5 (13.16%) WAN
6 4 (10.53%) TCP/IP
6 4 (10.53%) VPN
6 4 (10.53%) Extranet
7 3 (7.89%) Junos
7 3 (7.89%) MPLS
7 3 (7.89%) Wi-Fi
7 3 (7.89%) DNS
8 2 (5.26%) LDAP
8 2 (5.26%) EIGRP
8 2 (5.26%) Cisco ASA
8 2 (5.26%) SSH
8 2 (5.26%) Network Security
9 1 (2.63%) Wireshark
Database & Business Intelligence
1 2 (5.26%) MySQL
Development Applications
1 1 (2.63%) JIRA
1 1 (2.63%) Subversion
1 1 (2.63%) Git (software)
General
1 14 (36.84%) Banking
2 13 (34.21%) Front Office
3 12 (31.58%) Finance
4 7 (18.42%) Investment Banking
5 5 (13.16%) Financial Institution
6 2 (5.26%) Telecoms
7 1 (2.63%) Games
Job Titles
1 18 (47.37%) Developer
2 11 (28.95%) Java Developer
3 7 (18.42%) C++ Developer
4 6 (15.79%) Network Engineer
5 4 (10.53%) Firewall Engineer
6 3 (7.89%) Network Architect
6 3 (7.89%) Senior Network Architect
6 3 (7.89%) Senior Network Engineer
6 3 (7.89%) Senior Architect
6 3 (7.89%) Architect
7 1 (2.63%) UNIX Support
7 1 (2.63%) Performance Analyst
7 1 (2.63%) Cisco Engineer
7 1 (2.63%) Cisco Network Engineer
7 1 (2.63%) Project Manager
7 1 (2.63%) Systems Support
7 1 (2.63%) Support Engineer
7 1 (2.63%) Analyst
7 1 (2.63%) Consultant
Libraries, Frameworks & Software Standards
1 5 (13.16%) JMS
2 4 (10.53%) Rendezvous
3 2 (5.26%) FIX Protocol
4 1 (2.63%) WCF
4 1 (2.63%) LINQ
4 1 (2.63%) Java SE
4 1 (2.63%) Java EE
4 1 (2.63%) RabbitMQ
4 1 (2.63%) Middleware
4 1 (2.63%) .NET
4 1 (2.63%) STL
4 1 (2.63%) XML
4 1 (2.63%) XSLT
Miscellaneous
1 14 (36.84%) Foreign Exchange (FX)
2 7 (18.42%) Hedge funds
3 4 (10.53%) Equities
4 2 (5.26%) Clustering
5 1 (2.63%) Spread Betting
Operating Systems
1 18 (47.37%) UNIX
2 15 (39.47%) Linux
3 10 (26.32%) Solaris
4 2 (5.26%) Windows
4 2 (5.26%) Red Hat Enterprise Linux
5 1 (2.63%) SUSE
Processes & Methodologies
1 38 (100.00%) Low Latency
2 10 (26.32%) Multithreading
3 7 (18.42%) Risk Management
4 4 (10.53%) E-Commerce
4 4 (10.53%) Electronic Trading
5 3 (7.89%) Investment Management
5 3 (7.89%) Algorithmic Trading
6 2 (5.26%) Risk Assessment
6 2 (5.26%) Load Balancing
7 1 (2.63%) Performance Testing
7 1 (2.63%) Network Design
7 1 (2.63%) Change Control
7 1 (2.63%) Kernel Tuning
7 1 (2.63%) DevOps
7 1 (2.63%) Performance Tuning
7 1 (2.63%) Performance Analysis
7 1 (2.63%) Project Management
7 1 (2.63%) PRINCE2
Programming Languages
1 14 (36.84%) C++
2 13 (34.21%) Java
3 7 (18.42%) C
4 5 (13.16%) Shell Script
4 5 (13.16%) SQL
5 3 (7.89%) Python
5 3 (7.89%) JavaScript
6 2 (5.26%) Perl
6 2 (5.26%) C#
6 2 (5.26%) Tcl
6 2 (5.26%) Bash Shell
Qualifications
1 8 (21.05%) Cisco Certification
2 5 (13.16%) CCIE
2 5 (13.16%) CCNP
3 3 (7.89%) CCSA
3 3 (7.89%) Check Point Certification
4 2 (5.26%) SC Cleared
4 2 (5.26%) Security Cleared
5 1 (2.63%) Degree
5 1 (2.63%) PRINCE2 Practitioner
5 1 (2.63%) CCNA
Quality Assurance & Compliance
1 1 (2.63%) ISO/IEC 27001
System Software
1 1 (2.63%) Squid
Systems Management
1 1 (2.63%) Puppet
1 1 (2.63%) ITRS Geneos
Vendors
1 10 (26.32%) 29West
2 7 (18.42%) Cisco
3 5 (13.16%) Juniper
3 5 (13.16%) TIBCO
4 3 (7.89%) Blue Coat
4 3 (7.89%) Red Hat
4 3 (7.89%) CheckPoint
4 3 (7.89%) Oracle
5 2 (5.26%) F5
6 1 (2.63%) JBoss
6 1 (2.63%) Sun
City, London
Evolution Recruitment Solutions
Rate: Market Rate
Posted: 2 days ago