The table below looks at the statistics 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 8 February 2016 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.

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
8 Feb 2016
Same period 2015 Same period 2014
Vermilion
Rank 614 600 581
Rank change year-on-year
-14 -19
Contract jobs citing Vermilion 14 9 1
As % of all contract IT jobs located in the UK 0.027% 0.017% 0.002%
As % of the Vendors category 0.063% 0.038% 0.005%
Number of daily rates quoted 14 7 1
Average daily rate £550 £575 £500
Average daily rate % change year-on-year
-4.34% +15.00%
UK excluding London average daily rate £525 - £500
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
22140 23572 22103
As % of all contract IT jobs located in the UK 43.04% 45.69% 45.51%
Number of daily rates quoted 13204 13718 12166
Average daily rate £400 £400 £388
Average daily rate % change year-on-year
- +3.22%
90% offered a daily rate of more than £233 £225 £220
10% offered a daily rate of more than £560 £550 £550
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 871 988 963
Average hourly rate £22.50 £17.50 £17.00
Average hourly rate % change year-on-year
+28.57% +2.94%
90% offered a hourly rate of more than £11.50 £11.50 £11.00
10% offered a hourly rate of more than £55.00 £39.55 £40.00
UK excluding London average hourly rate £22.50 £17.40 £16.50
% change year-on-year
+29.31% +5.45%

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 8 February 2016.

Vermilion Daily Rate Histogram in the UK

Vermilion
Top 6 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 8 February 2016. 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 -6 13 £550 -4.34% 4
London +10 8 £550 -4.34% 3
Surrey - 5 £525 -
South East - 5 £525 - 1
Scotland -8 1 £350 -
Edinburgh -10 1 £350 -

Vermilion
Top 30 Related IT Skills

For the 6 months to 8 February 2016, 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 15 (78.95%) Business Intelligence
2 13 (68.42%) Finance
3 11 (57.89%) Asset Management
4 10 (52.63%) Data Warehouse
5 9 (47.37%) SQL
5 9 (47.37%) Eagle PACE
6 8 (42.11%) Data Analysis
6 8 (42.11%) Business Analysis
6 8 (42.11%) Change Management
7 7 (36.84%) GAP Analysis
7 7 (36.84%) Agile Software Development
7 7 (36.84%) Banking
7 7 (36.84%) ISO 9000
7 7 (36.84%) PRINCE2
7 7 (36.84%) Windows
7 7 (36.84%) SSADM
7 7 (36.84%) DSDM
7 7 (36.84%) SunGard
7 7 (36.84%) TIBCO
7 7 (36.84%) Hi Portfolio
7 7 (36.84%) BPR
7 7 (36.84%) Cost-Benefit Analysis
7 7 (36.84%) Windows Vista
7 7 (36.84%) Investment Banking
7 7 (36.84%) IntelliMatch
7 7 (36.84%) People Management
7 7 (36.84%) Spotfire
7 7 (36.84%) Fund Accounting
7 7 (36.84%) Translating Business Requirements
7 7 (36.84%) Time Management

Vermilion
Top Related IT Skills by Category

For the 6 months to 8 February 2016, 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.

Business Applications
1 9 (47.37%) Eagle PACE
2 7 (36.84%) Hi Portfolio
2 7 (36.84%) IntelliMatch
3 1 (5.26%) Markit EDM
3 1 (5.26%) thinkFolio
Database & Business Intelligence
1 10 (52.63%) Data Warehouse
2 7 (36.84%) Spotfire
3 1 (5.26%) SQL Server
General
1 13 (68.42%) Finance
2 7 (36.84%) Banking
2 7 (36.84%) Investment Banking
Job Titles
1 17 (89.47%) Analyst
2 16 (84.21%) Business Analyst
3 7 (36.84%) Data Business Analyst
3 7 (36.84%) Investment Banking Business Analyst
4 6 (31.58%) Fund Accounting Business Analyst
5 3 (15.79%) Data Warehouse Analyst
5 3 (15.79%) Data Warehouse Business Analyst
5 3 (15.79%) Finance Business Analyst
5 3 (15.79%) Financial Analyst
5 3 (15.79%) Financial Business Analyst
5 3 (15.79%) Financial Services Business Analyst
5 3 (15.79%) Service Analyst
6 2 (10.53%) Business Intelligence Analyst
6 2 (10.53%) Business Intelligence Business Analyst
7 1 (5.26%) Application Development Manager
7 1 (5.26%) Application Development Project Manager
7 1 (5.26%) Asset Management Business Analyst
7 1 (5.26%) Asset Management Project Manager
7 1 (5.26%) IT Analyst
7 1 (5.26%) SQL Data Analyst
Miscellaneous
1 3 (15.79%) Management Information System
2 1 (5.26%) Analytical Skills
Operating Systems
1 7 (36.84%) Windows
1 7 (36.84%) Windows Vista
Processes & Methodologies
1 15 (78.95%) Business Intelligence
2 11 (57.89%) Asset Management
3 8 (42.11%) Business Analysis
3 8 (42.11%) Change Management
3 8 (42.11%) Data Analysis
4 7 (36.84%) Agile Software Development
4 7 (36.84%) BPR
4 7 (36.84%) Cost-Benefit Analysis
4 7 (36.84%) DSDM
4 7 (36.84%) Fund Accounting
4 7 (36.84%) GAP Analysis
4 7 (36.84%) People Management
4 7 (36.84%) PRINCE2
4 7 (36.84%) SSADM
4 7 (36.84%) Time Management
4 7 (36.84%) Translating Business Requirements
5 4 (21.05%) Data Mapping
5 4 (21.05%) Workflow
6 3 (15.79%) Data Architecture
6 3 (15.79%) Test Scripting
Programming Languages
1 9 (47.37%) SQL
2 1 (5.26%) C#
Quality Assurance & Compliance
1 7 (36.84%) ISO 9000
Vendors
1 7 (36.84%) SunGard
1 7 (36.84%) TIBCO
2 1 (5.26%) BI-SAM