The table below looks at the statistics 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 26 May 2015 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 VocaLink Limited.

Location
3 months to
26 May 2015
Same period 2014 Same period 2013
VocaLink
Rank 599 576 547
Rank change year-on-year
-23 -29
Contract jobs citing VocaLink 6 5 1
As % of all contract IT jobs located in the UK 0.011% 0.009% 0.002%
As % of the Vendors category 0.025% 0.021% 0.005%
Number of daily rates quoted 4 5 0
Average daily rate
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of your Daily Rate
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£500 £390 -
Average daily rate % change year-on-year
+28.20% -
UK excluding London average daily rate £500 £390 -
% change year-on-year
+28.20% -
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
24465 23714 21743
As % of all contract IT jobs located in the UK 44.99% 45.02% 46.91%
Number of daily rates quoted 14167 13478 11566
Average daily rate £400 £388 £400
Average daily rate % change year-on-year
+3.22% -3.12%
90% offered a daily rate of more than £225 £220 £237
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.21% -
Number of hourly rates quoted 1119 1048 1173
Average hourly rate £18.14 £17.50 £19.00
Average hourly rate % change year-on-year
+3.65% -7.89%
90% offered a hourly rate of more than £11.17 £11.00 £11.20
10% offered a hourly rate of more than £40.00 £37.50 £40.00
UK excluding London average hourly rate £18.00 £17.50 £19.00
% change year-on-year
+2.85% -7.89%

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 9 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 26 May 2015. 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 +2 6 £500 +28.20%
Yorkshire - 3 £500 -
West Yorkshire - 2 £500 -
Leeds - 2 £500 -
London - 2 - -
Sheffield - 1 £500 -
South Yorkshire - 1 £500 -
Birmingham - 1 £475 -
West Midlands - 1 £475 -

VocaLink
Top 30 Related IT Skills

For the 6 months to 26 May 2015, 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 4 (44.44%) Sage
1 4 (44.44%) EPoS
1 4 (44.44%) EMV
1 4 (44.44%) Chip and PIN
1 4 (44.44%) EFT
1 4 (44.44%) ATM
1 4 (44.44%) APACS
1 4 (44.44%) ISO 8583
1 4 (44.44%) Wincor Nixdorf
1 4 (44.44%) WorldPay
1 4 (44.44%) Sage Pay
1 4 (44.44%) Elavon
1 4 (44.44%) Ingenico
1 4 (44.44%) TSYS
1 4 (44.44%) VeriFone
2 3 (33.33%) Banking
3 2 (22.22%) EFTPOS
3 2 (22.22%) Smartcard
3 2 (22.22%) Mobile Commerce
3 2 (22.22%) Project Management
3 2 (22.22%) E-Commerce
3 2 (22.22%) Business Analysis
4 1 (11.11%) SDLC
4 1 (11.11%) Requirements Management
4 1 (11.11%) Use Case
4 1 (11.11%) Smart Meter
4 1 (11.11%) Requirements Engineering
4 1 (11.11%) GAP Analysis
4 1 (11.11%) Finance
4 1 (11.11%) Stakeholder Management

VocaLink
Top Related IT Skills by Category

For the 6 months to 26 May 2015, 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.

Cloud Services
1 4 (44.44%) Sage Pay
Communications & Networking
1 4 (44.44%) ATM
General
1 3 (33.33%) Banking
2 1 (11.11%) Finance
Job Titles
1 3 (33.33%) Payments Business Analyst
1 3 (33.33%) Business Analyst
1 3 (33.33%) Analyst
2 2 (22.22%) Project Manager
2 2 (22.22%) Tester
3 1 (11.11%) UML Business Analyst
3 1 (11.11%) Test Leader
3 1 (11.11%) Test Manager
Miscellaneous
1 4 (44.44%) EPoS
1 4 (44.44%) EMV
1 4 (44.44%) Chip and PIN
1 4 (44.44%) EFT
1 4 (44.44%) APACS
2 2 (22.22%) EFTPOS
2 2 (22.22%) Smartcard
3 1 (11.11%) Smart Meter
Processes & Methodologies
1 2 (22.22%) Mobile Commerce
1 2 (22.22%) Project Management
1 2 (22.22%) E-Commerce
1 2 (22.22%) Business Analysis
2 1 (11.11%) SDLC
2 1 (11.11%) Requirements Management
2 1 (11.11%) Use Case
2 1 (11.11%) Requirements Engineering
2 1 (11.11%) GAP Analysis
2 1 (11.11%) Stakeholder Management
2 1 (11.11%) UML
2 1 (11.11%) RUP
Qualifications
1 1 (11.11%) ISEB
Quality Assurance & Compliance
1 4 (44.44%) ISO 8583
Vendors
1 4 (44.44%) Sage
1 4 (44.44%) Wincor Nixdorf
1 4 (44.44%) WorldPay
1 4 (44.44%) Elavon
1 4 (44.44%) Ingenico
1 4 (44.44%) TSYS
1 4 (44.44%) VeriFone