Bloomberg Contracts with Work from Home Options

Bloomberg
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for knowledge and experience of Bloomberg products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Bloomberg over the 6 months to 2 June 2024 with a comparison to the same period in the previous 2 years.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Bloomberg.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 313 417 571
Rank change year-on-year +104 +154 -89
Contract jobs citing Bloomberg 36 42 55
As % of all contract jobs with a WFH option 0.25% 0.17% 0.12%
As % of the Vendors category 0.58% 0.40% 0.31%
Number of daily rates quoted 36 34 45
10th Percentile £325 £436 £505
25th Percentile £644 £550 £638
Median daily rate (50th Percentile) £725 £600 £700
Median % change year-on-year +20.83% -14.29% +30.84%
75th Percentile £780 £713 £838
90th Percentile £850 £821 -
UK median daily rate £613 £625 £675
% change year-on-year -2.00% -7.41% +22.73%

All Vendors
Work from Home

Bloomberg is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 6,190 10,605 17,518
As % of all contract jobs with a WFH option 42.27% 43.75% 39.61%
Number of daily rates quoted 3,936 7,138 12,016
10th Percentile £325 £325 £350
25th Percentile £425 £425 £425
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +8.25%
75th Percentile £625 £650 £630
90th Percentile £725 £743 £725
UK median daily rate £514 £525 £525
% change year-on-year -2.10% - +9.38%
Number of hourly rates quoted 204 251 249
10th Percentile £13.31 £16.61 £13.50
25th Percentile £16.50 £25.00 £20.00
Median hourly rate £28.50 £52.50 £43.00
Median % change year-on-year -45.71% +22.09% +65.38%
75th Percentile £51.25 £66.00 £57.38
90th Percentile £71.75 £80.00 £73.00
UK median hourly rate £22.50 £42.50 £21.50
% change year-on-year -47.06% +97.67% +4.88%

Bloomberg
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Bloomberg as a proportion of all IT jobs advertised.

Bloomberg trend for jobs with a WFH option

Bloomberg
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Bloomberg.

Bloomberg daily rate for jobs with a WFH option

Bloomberg
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Bloomberg over the 6 months to 2 June 2024.

Bloomberg daily rate histogram for jobs with a WFH option

Bloomberg
Co-occurring Skills and Capabilities with WFH Options by Category

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

Application Platforms
1 6 (16.67%) Confluence
2 3 (8.33%) Microsoft Exchange
3 1 (2.78%) Skype for Business
Applications
1 6 (16.67%) Microsoft Excel
2 4 (11.11%) Microsoft PowerPoint
2 4 (11.11%) MS Visio
3 1 (2.78%) Microsoft Office
Business Applications
1 3 (8.33%) ION MarketView
Cloud Services
1 12 (33.33%) AWS
1 12 (33.33%) Azure
1 12 (33.33%) GCP
2 4 (11.11%) Microsoft 365
Communications & Networking
1 5 (13.89%) FIX Connectivity
2 3 (8.33%) WebEx
3 2 (5.56%) VPN
4 1 (2.78%) Skype
Database & Business Intelligence
1 2 (5.56%) Data Warehouse
1 2 (5.56%) SQL Server
Development Applications
1 6 (16.67%) JIRA
2 4 (11.11%) TeamCity
General
1 20 (55.56%) Finance
2 17 (47.22%) Front Office
3 8 (22.22%) Banking
4 7 (19.44%) Social Skills
5 4 (11.11%) Analytical Skills
6 2 (5.56%) Investment Banking
Job Titles
1 12 (33.33%) Analyst
1 12 (33.33%) Developer
1 12 (33.33%) Finance Manager
1 12 (33.33%) Python Developer
1 12 (33.33%) Quantitative Developer
2 11 (30.56%) Business Analyst
3 4 (11.11%) Consultant
3 4 (11.11%) Credit Analyst
3 4 (11.11%) Data Analyst
3 4 (11.11%) Data Business Analyst
3 4 (11.11%) Electronic Trading Business Analyst
3 4 (11.11%) Front Office Business Analyst
3 4 (11.11%) Investment Banking Business Analyst
3 4 (11.11%) Market Analyst
3 4 (11.11%) Market Data Analyst
3 4 (11.11%) Market Data Business Analyst
3 4 (11.11%) Support Engineer
4 3 (8.33%) Project Manager
5 2 (5.56%) Desktop Support
5 2 (5.56%) Service Analyst
Libraries, Frameworks & Software Standards
1 5 (13.89%) FIX Protocol
2 4 (11.11%) XML
Miscellaneous
1 21 (58.33%) Derivative
2 17 (47.22%) Fixed Income
3 14 (38.89%) Hedge funds
4 12 (33.33%) Equities
5 2 (5.56%) Foreign Exchange (FX)
5 2 (5.56%) SWIFT Messaging Network
5 2 (5.56%) Video Conferencing
Operating Systems
1 6 (16.67%) Unix
2 4 (11.11%) Windows
2 4 (11.11%) Windows 10
3 1 (2.78%) Apple iOS
Processes & Methodologies
1 14 (38.89%) Agile
1 14 (38.89%) Asset Management
1 14 (38.89%) Investment Management
2 12 (33.33%) Quantitative Research
2 12 (33.33%) Software Engineering
3 7 (19.44%) Risk Management
4 5 (13.89%) Electronic Trading
5 4 (11.11%) B2C
5 4 (11.11%) Business Analysis
5 4 (11.11%) Data Modelling
5 4 (11.11%) Project Management
5 4 (11.11%) Requirements Gathering
5 4 (11.11%) UML
6 2 (5.56%) Collaborative Culture
6 2 (5.56%) Impact Analysis
6 2 (5.56%) ITSM
6 2 (5.56%) Migration
6 2 (5.56%) User Experience
7 1 (2.78%) Business Intelligence
7 1 (2.78%) Mobile Device Management
Programming Languages
1 12 (33.33%) Python
1 12 (33.33%) R
2 8 (22.22%) SQL
3 2 (5.56%) PowerShell
Qualifications
1 4 (11.11%) Degree
Quality Assurance & Compliance
1 5 (13.89%) QA
2 4 (11.11%) EMIR
3 2 (5.56%) MiFID
3 2 (5.56%) SEPA
System Software
1 3 (8.33%) Active Directory
Systems Management
1 1 (2.78%) Thomson Reuters DACS
Vendors
1 7 (19.44%) ION Trading
1 7 (19.44%) Refinitiv
2 6 (16.67%) Reuters
3 5 (13.89%) Citrix
3 5 (13.89%) MarketAxess
3 5 (13.89%) Tradeweb
4 2 (5.56%) Charles River