The first table below looks at the demand for knowledge and experience of VocaLink 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 VocaLink over the 3 months to 18 April 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 VocaLink Limited.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
VocaLink
Rank 584 537 586
Rank change year-on-year
-47 +49
Contract jobs citing VocaLink 3 7 2
As % of all contract IT jobs located in the UK 0.005% 0.015% 0.003%
As % of the Vendors category 0.012% 0.031% 0.007%
Number of daily rates quoted 2 0 0
Average daily rate £390 - -
UK excluding London average daily rate £390 - -
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
25818 22455 27837
As % of all contract IT jobs located in the UK 45.86% 47.05% 45.90%
Number of daily rates quoted 14474 11940 14191
Average daily rate £400 £400 £400
90% offered a daily rate of more than £225 £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 1103 1186 1344
Average hourly rate £17.50 £19.00 £20.00
Average hourly rate % change year-on-year
-7.89% -5.00%
90% offered a hourly rate of more than £11.00 £11.00 £12.00
10% offered a hourly rate of more than £41.00 £40.00 £41.50
UK excluding London average hourly rate £17.50 £18.90 £20.00
% change year-on-year
-7.40% -5.50%

VocaLink
Jobs Demand Trend

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

VocaLink Jobs Demand Trend in the UK

VocaLink
Daily Rate Trend

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

VocaLink Daily Rate Trend in the UK

VocaLink
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing VocaLink within the UK over the 3 months to 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England -91 2 £390 -
East of England - - - -
London - - - -
Rickmansworth - - - -
Hertfordshire - - - -
City of London - - - -
South East - - - -

VocaLink
Top 30 Related IT Skills

For the 6 months to 18 April 2014, IT contractor jobs within the UK citing VocaLink 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 VocaLink.

1 3 (75.00%) Finance
2 2 (50.00%) SQL Server
2 2 (50.00%) Validation
2 2 (50.00%) Migration
2 2 (50.00%) Banking
2 2 (50.00%) SQL Server Integration Services
2 2 (50.00%) Data Migration
2 2 (50.00%) Data Cleansing
2 2 (50.00%) Telecoms
3 1 (25.00%) Waterfall
3 1 (25.00%) TSYS
3 1 (25.00%) Mobile Payment
3 1 (25.00%) Mobile Marketing
3 1 (25.00%) Marketing
3 1 (25.00%) Use Case
3 1 (25.00%) Software Engineering
3 1 (25.00%) Wincor Nixdorf
3 1 (25.00%) Device Driver
3 1 (25.00%) BASE24
3 1 (25.00%) APACS
3 1 (25.00%) ISO 8583
3 1 (25.00%) Tandem
3 1 (25.00%) E-Commerce
3 1 (25.00%) ATM
3 1 (25.00%) Cognizant
3 1 (25.00%) Sage
3 1 (25.00%) EPoS
3 1 (25.00%) EMV
3 1 (25.00%) Chip and PIN
3 1 (25.00%) EFT

VocaLink
Top Related IT Skills by Category

For the 6 months to 18 April 2014, IT contractor jobs within the UK citing VocaLink 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 VocaLink. Up to 20 skills are shown per category.

Business Applications
1 1 (25.00%) BASE24
Communications & Networking
1 1 (25.00%) ATM
Database & Business Intelligence
1 2 (50.00%) SQL Server
1 2 (50.00%) SQL Server Integration Services
General
1 3 (75.00%) Finance
2 2 (50.00%) Banking
2 2 (50.00%) Telecoms
3 1 (25.00%) Marketing
3 1 (25.00%) Advertising
Job Titles
1 2 (50.00%) Analyst
2 1 (25.00%) Architect
2 1 (25.00%) Business Analyst
2 1 (25.00%) Systems Analyst
2 1 (25.00%) Solutions Architect
Miscellaneous
1 1 (25.00%) Mobile Payment
1 1 (25.00%) Device Driver
1 1 (25.00%) APACS
1 1 (25.00%) Tandem
1 1 (25.00%) EPoS
1 1 (25.00%) EMV
1 1 (25.00%) Chip and PIN
1 1 (25.00%) EFT
1 1 (25.00%) EFTPOS
1 1 (25.00%) Smartcard
Processes & Methodologies
1 2 (50.00%) Validation
1 2 (50.00%) Migration
1 2 (50.00%) Data Migration
1 2 (50.00%) Data Cleansing
2 1 (25.00%) Waterfall
2 1 (25.00%) Mobile Marketing
2 1 (25.00%) Use Case
2 1 (25.00%) Software Engineering
2 1 (25.00%) E-Commerce
2 1 (25.00%) Mobile Commerce
2 1 (25.00%) Change Management
Programming Languages
1 1 (25.00%) C++
1 1 (25.00%) Java
Quality Assurance & Compliance
1 1 (25.00%) ISO 8583
Vendors
1 1 (25.00%) TSYS
1 1 (25.00%) Wincor Nixdorf
1 1 (25.00%) Cognizant
1 1 (25.00%) Sage