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 contractor rates offered in IT contracts that have cited Vermilion over the 3 months to 24 July 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.

3 months to
24 Jul 2016
Same period 2015 Same period 2014
Vermilion
Rank 636 638 598
Rank change year-on-year
+2 -40
Contract jobs citing Vermilion 7 8 5
As % of all contract IT jobs located in the UK 0.013% 0.014% 0.009%
As % of the Vendors category 0.029% 0.032% 0.021%
Number of daily rates quoted 2 8 4
Median daily rate £625 £575 £625
Median daily rate % change year-on-year
+8.69% -8.00%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
24318 25098 23933
As % of all contract IT jobs located in the UK 44.94% 44.07% 45.04%
Number of daily rates quoted 14876 14729 13223
Median daily rate £400 £400 £375
Median daily rate % change year-on-year
- +6.66%
90% offered a daily rate of more than £250 £225 £218
10% offered a daily rate of more than £550 £550 £550
UK excluding London median daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 804 1084 1053
Median hourly rate £19.61 £18.00 £17.50
Median hourly rate % change year-on-year
+8.94% +2.85%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £43.00 £42.50 £37.50
UK excluding London median hourly rate £20.50 £18.00 £17.50
% change year-on-year
+13.88% +2.85%

Vermilion
Jobs Demand Trend

The demand trend of contract jobs citing Vermilion as a proportion of all IT contracts with a match in 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
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Vermilion within the UK over the 3 months to 24 July 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -16 7 £625 +8.69% 1
South West - 4 - -
Street - 4 - -
Somerset - 4 - -
London -4 3 £625 +8.69% 1

Vermilion
Top 23 Related IT Skills

For the 6 months to 24 July 2016, IT contractor jobs citing Vermilion also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Vermilion.

1 13 (76.47%) Investment Management
2 8 (47.06%) Business Analysis
3 7 (41.18%) Asset Management
4 4 (23.53%) Business Intelligence
4 4 (23.53%) SunGard
4 4 (23.53%) TIBCO
4 4 (23.53%) Hi Portfolio
4 4 (23.53%) Windows
4 4 (23.53%) Data Warehouse
4 4 (23.53%) Finance
4 4 (23.53%) Windows Vista
4 4 (23.53%) Spotfire
4 4 (23.53%) Wealth Management
4 4 (23.53%) Time Management
4 4 (23.53%) Fund Accounting
4 4 (23.53%) IntelliMatch
4 4 (23.53%) Analytical Skills
4 4 (23.53%) People Management
4 4 (23.53%) Translating Business Requirements
5 3 (17.65%) Back Office
6 2 (11.76%) E-Commerce
6 2 (11.76%) Agile Software Development
7 1 (5.88%) C

Vermilion
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 4 (23.53%) Hi Portfolio
1 4 (23.53%) IntelliMatch
Database & Business Intelligence
1 4 (23.53%) Data Warehouse
1 4 (23.53%) Spotfire
General
1 4 (23.53%) Finance
2 3 (17.65%) Back Office
Job Titles
1 16 (94.12%) Analyst
1 16 (94.12%) Business Analyst
2 11 (64.71%) Report Analyst
3 6 (35.29%) Business Systems Analyst
3 6 (35.29%) Implementation Analyst
4 4 (23.53%) Fund Accounting Business Analyst
4 4 (23.53%) Investment Banking Business Analyst
4 4 (23.53%) Middle Office Analyst
4 4 (23.53%) Middle Office Business Analyst
5 2 (11.76%) Asset Management Analyst
6 1 (5.88%) Asset Management Business Analyst
6 1 (5.88%) Senior Analyst
6 1 (5.88%) Senior Business Analyst
Miscellaneous
1 4 (23.53%) Analytical Skills
Operating Systems
1 4 (23.53%) Windows
1 4 (23.53%) Windows Vista
Processes & Methodologies
1 13 (76.47%) Investment Management
2 8 (47.06%) Business Analysis
3 7 (41.18%) Asset Management
4 4 (23.53%) Business Intelligence
4 4 (23.53%) Fund Accounting
4 4 (23.53%) People Management
4 4 (23.53%) Time Management
4 4 (23.53%) Translating Business Requirements
4 4 (23.53%) Wealth Management
5 2 (11.76%) Agile Software Development
5 2 (11.76%) E-Commerce
Programming Languages
1 1 (5.88%) C
Vendors
1 4 (23.53%) SunGard
1 4 (23.53%) TIBCO