The following table provides summary statistics for contract job vacancies advertised in Canary Wharf with a requirement for Waterfall skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Waterfall over the 3 months to 27 June 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.

Waterfall Model
London / Canary Wharf
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank - 23 24
Contract jobs citing Waterfall 0 2 5
As % of all contract IT jobs advertised in Canary Wharf - 1.61% 2.92%
As % of the Processes & Methodologies category - 1.94% 3.21%
Number of daily rates quoted 0 2 3
Median daily rate - £494 £525
Median daily rate % change year-on-year - -5.95%  
UK excluding London median daily rate £425 £413 £400
% change year-on-year +3.03% +3.12%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £47.50 £42.50 £40.00
% change year-on-year +11.76% +6.25%  

Waterfall is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for process and methodology skills.

Contract Process & Methodology Skills
Canary Wharf
Contract job vacancies with a requirement for process and methodology skills 99 103 156
As % of all contract IT job vacancies advertised in Canary Wharf 87.61% 83.06% 91.23%
Number of daily rates quoted 74 77 109
Median daily rate £535 £475 £500
Median daily rate % change year-on-year +12.63% -5.00%  
90% offered a daily rate of more than £350 £325 £400
10% offered a daily rate of more than £650 £650 £574
UK excluding London median daily rate £415 £400 £385
% change year-on-year +3.75% +3.89%  
Number of hourly rates quoted 1 0 0
Median hourly rate £15.00 - -
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Waterfall
Job Vacancy Trend in Canary Wharf

The job posting trend of jobs advertised in Canary Wharf citing Waterfall as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Waterfall in Canary Wharf

Waterfall
Contractor Daily Rate Trend in Canary Wharf

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

Contractor daily rate trend for Waterfall in Canary Wharf

For the 6 months to 27 June 2017, IT contractor jobs citing Waterfall 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 Waterfall.

1 1 (100.00%) HTML
1 1 (100.00%) Java
1 1 (100.00%) SQL
1 1 (100.00%) Unix
1 1 (100.00%) Linux
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Reuters
1 1 (100.00%) Bloomberg
1 1 (100.00%) Finance
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Spring
1 1 (100.00%) Degree
1 1 (100.00%) JIRA
1 1 (100.00%) FIX Protocol
1 1 (100.00%) KDB
1 1 (100.00%) Electronic Trading
1 1 (100.00%) System Testing
1 1 (100.00%) Confluence
1 1 (100.00%) HTML5
1 1 (100.00%) REST
1 1 (100.00%) Business Analytics
1 1 (100.00%) Analytics
1 1 (100.00%) Market Making
1 1 (100.00%) SDLC
1 1 (100.00%) FXall

Waterfall
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:

Application Platforms
1 1 (100.00%) Confluence
Database & Business Intelligence
1 1 (100.00%) KDB
Development Applications
1 1 (100.00%) JIRA
General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Java Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) FIX Protocol
1 1 (100.00%) HTML
1 1 (100.00%) HTML5
1 1 (100.00%) REST
1 1 (100.00%) Spring
Miscellaneous
1 1 (100.00%) Foreign Exchange (FX)
Operating Systems
1 1 (100.00%) Linux
1 1 (100.00%) Unix
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Analytics
1 1 (100.00%) Business Analytics
1 1 (100.00%) Electronic Trading
1 1 (100.00%) Market Making
1 1 (100.00%) SDLC
1 1 (100.00%) System Testing
Programming Languages
1 1 (100.00%) Java
1 1 (100.00%) SQL
Qualifications
1 1 (100.00%) Degree
Vendors
1 1 (100.00%) Bloomberg
1 1 (100.00%) FXall
1 1 (100.00%) Reuters