Period
to 1 June 2020

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 1 June 2020 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
1 Jun 2020
Same period 2019 Same period 2018
Rank - 274 287
Contract jobs citing FactSet 0 5 10
As % of all contract jobs advertised in Central London - 0.059% 0.11%
As % of the Vendors category - 0.16% 0.28%
Number of daily rates quoted 0 4 8
Median daily rate - £550 £550
London median daily rate £613 £625 £575
% change year-on-year -2.00% +8.70% +4.55%
Number of hourly rates quoted 0 0 0
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 1,370 3,223 3,522
As % of all contract IT jobs advertised in Central London 37.06% 38.04% 38.23%
Number of daily rates quoted 914 2,337 2,556
Median daily rate £475 £500 £480
Median daily rate % change year-on-year -5.00% +4.17% +4.35%
10th Percentile £252 £300 £256
90th Percentile £650 £656 £650
London median daily rate £500 £500 £488
% change year-on-year - +2.56% +2.85%
Number of hourly rates quoted 30 63 83
Median hourly rate £19.35 £20.00 £20.00
Median hourly rate % change year-on-year -3.25% - +28.45%
10th Percentile £12.42 £11.35 £11.94
90th Percentile £39.70 £44.80 £37.45
Median hourly rate £32.25 £21.00 £22.00
% change year-on-year +53.57% -4.55% +8.64%

FactSet
Job Vacancy Trend in Central London

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

Job vacancy trend for FactSet in Central London

FactSet
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing FactSet in Central London.

Daily rate trend for FactSet in Central London

FactSet
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing FactSet in Central London.

Hourly rate trend for FactSet in Central London