The first table below looks at the demand for knowledge and experience of Vermilion products and/or services in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Vermilion over the 3 months to 22 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors currently tracked.

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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Vermilion Software.

Location
3 months to
22 Jul 2014
Same period 2013 Same period 2012
Vermilion
Rank 567 565 589
Rank change year-on-year
-2 +24
Contract jobs citing Vermilion 5 1 2
As % of all contract IT jobs located in the UK 0.009% 0.002% 0.003%
As % of the Vendors category 0.021% 0.004% 0.007%
Number of daily rates quoted 4 0 2
Average daily rate
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of your Daily Rate
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£625 - £500
90% offered a daily rate of more than £558 - £380
10% offered a daily rate of more than £710 - £620
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24237 23956 27028
As % of all contract IT jobs located in the UK 45.66% 47.11% 46.70%
Number of daily rates quoted 13465 12978 13603
Average daily rate £379 £388 £375
Average daily rate % change year-on-year
-2.19% +3.33%
90% offered a daily rate of more than £220 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1061 1209 1385
Average hourly rate £17.50 £19.88 £19.50
Average hourly rate % change year-on-year
-11.94% +1.92%
90% offered a hourly rate of more than £11.00 £11.15 £11.50
10% offered a hourly rate of more than £37.50 £40.00 £39.00
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%

Vermilion
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Vermilion within the UK as a proportion of the total demand within the Vendors category.

Vermilion Jobs Demand Trend in the UK

Vermilion
Daily Rate Trend

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

Vermilion Daily Rate Trend in the UK

Vermilion
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Vermilion within the UK over the 3 months to 22 July 2014.

Vermilion Daily Rate Histogram in the UK

Vermilion
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Vermilion within the UK over the 3 months to 22 July 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
London +20 5 £625 - 2
England -3 5 £625 - 2
City of London - 2 £575 - 2

Vermilion
Top 30 Related IT Skills

For the 6 months to 22 July 2014, IT contractor jobs within the UK citing Vermilion 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 Vermilion.

1 6 (85.71%) Asset Management
2 3 (42.86%) Banking
2 3 (42.86%) Back Office
2 3 (42.86%) Investment Banking
2 3 (42.86%) SQL
2 3 (42.86%) Data Warehouse
2 3 (42.86%) Informatica
2 3 (42.86%) Investment Management
2 3 (42.86%) Eagle PACE
3 2 (28.57%) User Acceptance Testing
3 2 (28.57%) Reference Data
3 2 (28.57%) Business Analysis
3 2 (28.57%) WebFOCUS
3 2 (28.57%) Data Management
4 1 (14.29%) Data Analysis
4 1 (14.29%) Finance
4 1 (14.29%) TDD
4 1 (14.29%) Software Testing
4 1 (14.29%) Derivative
4 1 (14.29%) Degree
4 1 (14.29%) QA
4 1 (14.29%) Fund Management
4 1 (14.29%) Wealth Management
4 1 (14.29%) TestDirector
4 1 (14.29%) BizTalk Server
4 1 (14.29%) Bloomberg
4 1 (14.29%) Charles River
4 1 (14.29%) Project Management
4 1 (14.29%) MS Visio
4 1 (14.29%) ETL

Vermilion
Top Related IT Skills by Category

For the 6 months to 22 July 2014, IT contractor jobs within the UK citing Vermilion 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 Vermilion. Up to 20 skills are shown per category.

Application Platforms
1 1 (14.29%) BizTalk Server
Applications
1 1 (14.29%) MS Visio
1 1 (14.29%) MS Project
1 1 (14.29%) MS Office
1 1 (14.29%) MS Excel
Business Applications
1 3 (42.86%) Eagle PACE
2 1 (14.29%) Markit EDM
2 1 (14.29%) Eagle STAR
Database & Business Intelligence
1 3 (42.86%) Data Warehouse
2 2 (28.57%) WebFOCUS
3 1 (14.29%) Oracle BI EE
Development Applications
1 1 (14.29%) TestDirector
1 1 (14.29%) Team Foundation Server
General
1 3 (42.86%) Banking
1 3 (42.86%) Back Office
1 3 (42.86%) Investment Banking
2 1 (14.29%) Finance
Job Titles
1 3 (42.86%) Business Analyst
1 3 (42.86%) Analyst
2 2 (28.57%) Programme Manager
3 1 (14.29%) Senior Analyst
3 1 (14.29%) Test Manager
3 1 (14.29%) Senior Business Analyst
Miscellaneous
1 2 (28.57%) Reference Data
2 1 (14.29%) Derivative
Processes & Methodologies
1 6 (85.71%) Asset Management
2 3 (42.86%) Investment Management
3 2 (28.57%) User Acceptance Testing
3 2 (28.57%) Business Analysis
3 2 (28.57%) Data Management
4 1 (14.29%) Data Analysis
4 1 (14.29%) TDD
4 1 (14.29%) Software Testing
4 1 (14.29%) Fund Management
4 1 (14.29%) Wealth Management
4 1 (14.29%) Project Management
4 1 (14.29%) ETL
4 1 (14.29%) Business Intelligence
4 1 (14.29%) Data Mapping
4 1 (14.29%) Data Architecture
4 1 (14.29%) Fund Accounting
4 1 (14.29%) Continuous Improvement
4 1 (14.29%) Test Management
Programming Languages
1 3 (42.86%) SQL
2 1 (14.29%) VBA
Qualifications
1 1 (14.29%) Degree
1 1 (14.29%) ISEB
1 1 (14.29%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 1 (14.29%) QA
Systems Management
1 1 (14.29%) HP Quality Center
Vendors
1 3 (42.86%) Informatica
2 1 (14.29%) Bloomberg
2 1 (14.29%) Charles River
2 1 (14.29%) Microsoft
2 1 (14.29%) Oracle