The table below looks at the prevalence of the term Derivative in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 31 May 2016 with a comparison to the same period over 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.

3 months to
31 May 2016
Same period 2015 Same period 2014
Derivatives
Rank 140 - 117
Rank change year-on-year
- 0
Contract jobs citing Derivative 2 0 1
As % of all contract IT jobs located in the West Midlands 0.070% - 0.043%
As % of the Miscellaneous category 0.27% - 0.16%
Number of daily rates quoted 2 0 1
Median daily rate £425 - £600
UK excluding London median daily rate £320 £425 £385
% change year-on-year
-24.70% +10.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £42.00
Derivative
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the West Midlands region.

Miscellaneous Category
West Midlands
Contract IT job ads with a match in the
Miscellaneous category
751 700 645
As % of all contract IT jobs located in the West Midlands 26.37% 28.07% 27.66%
Number of daily rates quoted 435 435 298
Median daily rate £375 £350 £320
Median daily rate % change year-on-year
+7.14% +9.37%
90% offered a daily rate of more than £240 £200 £164
10% offered a daily rate of more than £525 £475 £489
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 33 54 62
Median hourly rate £13.50 £22.25 £31.25
Median hourly rate % change year-on-year
-39.32% -28.80%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £35.00 £41.75 £37.80
UK excluding London median hourly rate £21.50 £18.50 £20.00
% change year-on-year
+16.21% -7.50%

Derivative
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in the West Midlands

Derivative
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the West Midlands region.

Derivative Daily Rate Trend in the West Midlands

Derivative
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the West Midlands region over the 3 months to 31 May 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
Worcestershire - 2 £425 -
Derivative
England

Derivative
Top 30 Related IT Skills in the West Midlands

For the 6 months to 31 May 2016, IT contractor jobs citing Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Derivative.

1 6 (75.00%) Perl
1 6 (75.00%) Finance
2 5 (62.50%) Banking
2 5 (62.50%) SQL
2 5 (62.50%) Unix
3 4 (50.00%) Python
3 4 (50.00%) Data Management
3 4 (50.00%) Investment Banking
3 4 (50.00%) Electronic Trading
3 4 (50.00%) Fintech
4 3 (37.50%) Front Office
4 3 (37.50%) Fixed Income
4 3 (37.50%) Equities
4 3 (37.50%) Linux
4 3 (37.50%) Foreign Exchange (FX)
5 2 (25.00%) Red Hat
5 2 (25.00%) Shell Script
5 2 (25.00%) Nagios
5 2 (25.00%) Configuration Management
5 2 (25.00%) Java
5 2 (25.00%) RHCE
5 2 (25.00%) MS Excel
5 2 (25.00%) MS Visio
5 2 (25.00%) Kerberos
5 2 (25.00%) Microsoft
5 2 (25.00%) MS Office
5 2 (25.00%) ITIL
5 2 (25.00%) SSH
5 2 (25.00%) Subversion
5 2 (25.00%) Back Office

Derivative
Top Related IT Skills in the West Midlands 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:

Applications
1 2 (25.00%) MS Excel
1 2 (25.00%) MS Office
1 2 (25.00%) MS Visio
Business Applications
1 1 (12.50%) SunGard GMI
Communications & Networking
1 2 (25.00%) Kerberos
1 2 (25.00%) SSH
Development Applications
1 2 (25.00%) Subversion
General
1 6 (75.00%) Finance
2 5 (62.50%) Banking
3 4 (50.00%) Investment Banking
4 3 (37.50%) Front Office
5 2 (25.00%) Back Office
5 2 (25.00%) Financial Institution
Job Titles
1 5 (62.50%) Analyst
2 4 (50.00%) Banking Analyst
2 4 (50.00%) Support Analyst
3 3 (37.50%) Unix Analyst
3 3 (37.50%) Unix Support
3 3 (37.50%) Unix Support Analyst
4 2 (25.00%) Junior
4 2 (25.00%) Linux Engineer
5 1 (12.50%) Junior Analyst
5 1 (12.50%) Junior Support Engineer
5 1 (12.50%) Support Engineer
Miscellaneous
1 4 (50.00%) Fintech
2 3 (37.50%) Equities
2 3 (37.50%) Fixed Income
2 3 (37.50%) Foreign Exchange (FX)
3 1 (12.50%) Computer Science
Operating Systems
1 5 (62.50%) Unix
2 3 (37.50%) Linux
3 2 (25.00%) CentOS
3 2 (25.00%) Red Hat Enterprise Linux
Processes & Methodologies
1 4 (50.00%) Data Management
1 4 (50.00%) Electronic Trading
2 2 (25.00%) Configuration Management
2 2 (25.00%) ITIL
2 2 (25.00%) ITIL V3
2 2 (25.00%) System Testing
3 1 (12.50%) Continuous Improvement
3 1 (12.50%) Incident Management
3 1 (12.50%) Knowledge Management
3 1 (12.50%) Problem Management
Programming Languages
1 6 (75.00%) Perl
2 5 (62.50%) SQL
3 4 (50.00%) Python
4 2 (25.00%) Java
4 2 (25.00%) Shell Script
Qualifications
1 2 (25.00%) RHCE
1 2 (25.00%) SC Cleared
1 2 (25.00%) Security Cleared
2 1 (12.50%) Degree
Quality Assurance & Compliance
1 2 (25.00%) ISO/IEC 27001
System Software
1 2 (25.00%) iptables
1 2 (25.00%) Postfix
Systems Management
1 2 (25.00%) Nagios
1 2 (25.00%) Puppet
1 2 (25.00%) Red Hat Spacewalk
Vendors
1 2 (25.00%) Microsoft
1 2 (25.00%) Red Hat
2 1 (12.50%) SunGard