Period
to 17 November 2017

The table below provides summary statistics for contract job vacancies advertised in Canary Wharf with a requirement for knowledge and experience of Reuters products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Reuters over the 6 months to 17 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never 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 Reuters Group PLC.

Reuters
Tower Hamlets > Canary Wharf
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 44 - 44
Rank change year-on-year - +44 -11
Contract jobs citing Reuters 1 0 2
As % of all contract IT jobs advertised in Canary Wharf 0.36% - 0.51%
As % of the Vendors category 0.74% - 1.32%
Number of daily rates quoted 1 0 2
Canary Wharf median daily rate £525 - £363
10th Percentile £513 - £281
90th Percentile £538 - £434
Tower Hamlets median daily rate £525 - £363
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Reuters 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 requirement for knowledge or experience of vendor products and services advertised in Canary Wharf.

All Vendors
Canary Wharf
Contract vacancies with a requirement for knowledge or experience of vendor products and services 135 142 152
As % of all contract IT jobs advertised in Canary Wharf 49.09% 45.08% 38.68%
Number of daily rates quoted 107 110 99
Canary Wharf median daily rate £500 £450 £475
Median daily rate % change year-on-year +11.11% -5.26% +5.56%
10th Percentile £263 £310 £284
90th Percentile £638 £600 £565
Tower Hamlets median daily rate £500 £450 £500
% change year-on-year +11.11% -10.00% +11.11%
Number of hourly rates quoted 1 1 3
Canary Wharf median hourly rate £162.50 £12.00 £25.00
Median hourly rate % change year-on-year +1254.17% -52.00% +38.89%
10th Percentile £156.25 £12.00 £22.50
90th Percentile £168.75 £12.00 £30.30
Tower Hamlets median hourly rate £162.50 £12.00 £25.00
% change year-on-year +1254.17% -52.00% +38.89%

Reuters
Job Vacancy Trend in Canary Wharf

Job postings citing Reuters as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Reuters in Canary Wharf

Reuters
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Reuters in Canary Wharf.

Contractor daily rate trend for Reuters in Canary Wharf

Reuters
Contractor Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Reuters in Canary Wharf.

Contractor hourly rate trend for Reuters in Canary Wharf

For the 6 months to 17 November 2017, IT contractor jobs citing Reuters 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 Canary Wharf region with a requirement for Reuters.

1 1 (100.00%) C#
1 1 (100.00%) C++
1 1 (100.00%) VBA
1 1 (100.00%) OOP
1 1 (100.00%) OO
1 1 (100.00%) Microsoft Excel
1 1 (100.00%) Bloomberg
1 1 (100.00%) Front Office
1 1 (100.00%) Mathematics
1 1 (100.00%) R
1 1 (100.00%) Analytics

Reuters
Co-occurring IT Skills in Canary Wharf 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 1 (100.00%) Microsoft Excel
General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Front Office Developer
1 1 (100.00%) Tactical Developer
Processes & Methodologies
1 1 (100.00%) Analytics
1 1 (100.00%) Mathematics
1 1 (100.00%) OO
1 1 (100.00%) OOP
Programming Languages
1 1 (100.00%) C#
1 1 (100.00%) C++
1 1 (100.00%) R
1 1 (100.00%) VBA
Vendors
1 1 (100.00%) Bloomberg