Period
to 19 October 2019

The table below provides summary statistics for contract job vacancies advertised in Central London with a requirement for knowledge and experience of FactSet products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FactSet over the 6 months to 19 October 2019 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 FactSet Research Systems, Inc.

FactSet
London > Central London
6 months to
19 Oct 2019
Same period 2018 Same period 2017
Rank 243 279 257
Rank change year-on-year +36 -22 +13
Contract jobs citing FactSet 5 18 13
As % of all contract IT jobs advertised in Central London 0.066% 0.20% 0.16%
As % of the Vendors category 0.17% 0.52% 0.42%
Number of daily rates quoted 3 10 8
Central London median daily rate £558 £331 £288
Median daily rate % change year-on-year +68.30% +15.22% -4.17%
10th Percentile £255 £253 £178
90th Percentile £693 £584 £490
London median daily rate £550 £475 £225
% change year-on-year +15.79% +111.11% -18.18%
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London median hourly rate - - -

FactSet 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 Central London.

All Vendors
Central London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 3,013 3,447 3,109
As % of all contract IT jobs advertised in Central London 39.84% 37.97% 38.46%
Number of daily rates quoted 2,306 2,492 2,298
Central London median daily rate £500 £488 £475
Median daily rate % change year-on-year +2.56% +2.63% +5.56%
10th Percentile £263 £225 £263
90th Percentile £644 £650 £675
London median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 62 81 64
Central London median hourly rate £20.50 £19.00 £18.35
Median hourly rate % change year-on-year +7.89% +3.57% +3.35%
10th Percentile £11.78 £13.31 £11.81
90th Percentile £46.64 £25.50 £31.28
London median hourly rate £20.50 £19.00 £19.50
% change year-on-year +7.89% -2.56% +11.43%

FactSet
Job Vacancy Trend in Central London

Job postings citing FactSet as a percentage of all IT jobs advertised in Central London.

Job vacancy trend for FactSet in Central London

FactSet
Contractor Daily Rate Trend in Central London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FactSet in Central London.

Contractor daily rate trend for FactSet in Central London

FactSet
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing FactSet in Central London over the 6 months to 19 October 2019.

Contractor daily rate histogram for FactSet in Central London

FactSet
Contractor Hourly Rate Trend in Central London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing FactSet in Central London.

Contractor hourly rate trend for FactSet in Central London

FactSet
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FactSet within the Central London region over the 6 months to 19 October 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +19 5 £558 +68.30% 1
FactSet
London

For the 6 months to 19 October 2019, IT contractor jobs citing FactSet also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for FactSet.

1 4 (80.00%) Bloomberg
1 4 (80.00%) Finance
2 3 (60.00%) Microsoft
3 2 (40.00%) SQL
3 2 (40.00%) Microsoft Office
3 2 (40.00%) Windows
3 2 (40.00%) Business Analysis
3 2 (40.00%) Reuters
3 2 (40.00%) Windows 10
3 2 (40.00%) Agile Software Development
3 2 (40.00%) Asset Management
4 1 (20.00%) RMDS
4 1 (20.00%) Prototyping
4 1 (20.00%) Performance Attribution
4 1 (20.00%) Break/Fix
4 1 (20.00%) Performance Measurement
4 1 (20.00%) Scaled Agile Framework
4 1 (20.00%) Decision-Making
4 1 (20.00%) Self-Motivation
4 1 (20.00%) Problem-Solving
4 1 (20.00%) Contract Negotiation
4 1 (20.00%) Process Management
4 1 (20.00%) Front Office
4 1 (20.00%) C#
4 1 (20.00%) Fixed Income
4 1 (20.00%) Equities
4 1 (20.00%) Supplier Management
4 1 (20.00%) Smartphone
4 1 (20.00%) Derivative
4 1 (20.00%) Time Management

FactSet
Co-occurring IT Skills in Central London 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 (40.00%) Microsoft Office
2 1 (20.00%) Microsoft Excel
2 1 (20.00%) Spreadsheet
Business Applications
1 1 (20.00%) Eikon
1 1 (20.00%) RMDS
Cloud Services
1 1 (20.00%) Office 365
Database & Business Intelligence
1 1 (20.00%) MS Access
1 1 (20.00%) SQL Server
Development Applications
1 1 (20.00%) Team Foundation Server
General
1 4 (80.00%) Finance
2 1 (20.00%) Front Office
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Desktop Engineer
2 1 (20.00%) Analyst Developer
2 1 (20.00%) Business Analyst
2 1 (20.00%) Data Manager
2 1 (20.00%) Developer
2 1 (20.00%) Market Data Manager
2 1 (20.00%) VBA Developer
2 1 (20.00%) Windows Engineer
Libraries, Frameworks & Software Standards
1 1 (20.00%) XML
Miscellaneous
1 1 (20.00%) Analytical Skills
1 1 (20.00%) BYOD
1 1 (20.00%) Derivative
1 1 (20.00%) Equities
1 1 (20.00%) Fixed Income
1 1 (20.00%) Self-Motivation
1 1 (20.00%) Smartphone
Operating Systems
1 2 (40.00%) Windows
1 2 (40.00%) Windows 10
2 1 (20.00%) Android
2 1 (20.00%) Apple iOS
2 1 (20.00%) Mac OS X
Processes & Methodologies
1 2 (40.00%) Agile Software Development
1 2 (40.00%) Asset Management
1 2 (40.00%) Business Analysis
2 1 (20.00%) Break/Fix
2 1 (20.00%) Contract Negotiation
2 1 (20.00%) Data Governance
2 1 (20.00%) Decision-Making
2 1 (20.00%) ITIL
2 1 (20.00%) Performance Attribution
2 1 (20.00%) Performance Measurement
2 1 (20.00%) Problem-Solving
2 1 (20.00%) Process Management
2 1 (20.00%) Prototyping
2 1 (20.00%) Scaled Agile Framework
2 1 (20.00%) Six Sigma
2 1 (20.00%) Supplier Management
2 1 (20.00%) Time Management
Programming Languages
1 2 (40.00%) SQL
2 1 (20.00%) C#
2 1 (20.00%) PowerShell
2 1 (20.00%) Python
2 1 (20.00%) R
2 1 (20.00%) VBA
Qualifications
1 1 (20.00%) ITIL Certification
System Software
1 1 (20.00%) Active Directory
Vendors
1 4 (80.00%) Bloomberg
2 3 (60.00%) Microsoft
3 2 (40.00%) Reuters
4 1 (20.00%) Apple
4 1 (20.00%) Fidessa
4 1 (20.00%) Tableau