Period
to 15 December 2018

The table below provides summary statistics for contract job vacancies advertised in Central London 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 15 December 2018 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
London > Central London
6 months to
15 Dec 2018
Same period 2017 Same period 2016
Rank 256 214 231
Rank change year-on-year -42 +17 +5
Contract jobs citing Reuters 44 65 33
As % of all contract IT jobs advertised in Central London 0.48% 0.75% 0.42%
As % of the Vendors category 1.24% 1.95% 0.99%
Number of daily rates quoted 23 51 19
Central London median daily rate £300 £475 £550
Median daily rate % change year-on-year -36.84% -13.64% +111.54%
10th Percentile £123 £250 £189
90th Percentile £645 £645 £675
London median daily rate £500 £508 £525
% change year-on-year -1.48% -3.33% +75.00%
Number of hourly rates quoted 4 2 2
Central London median hourly rate £22.93 £30.00 £14.73
Median hourly rate % change year-on-year -23.57% +103.74% -14.14%
10th Percentile £19.13 £30.00 £11.75
90th Percentile £27.88 £30.00 £17.71
London median hourly rate £24.72 £29.00 £17.10
% change year-on-year -14.78% +69.59% -2.29%

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 Central London.

All Vendors
Central London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 3,539 3,336 3,345
As % of all contract IT jobs advertised in Central London 38.28% 38.41% 42.57%
Number of daily rates quoted 2,582 2,480 2,442
Central London median daily rate £485 £475 £450
Median daily rate % change year-on-year +2.11% +5.56% +4.65%
10th Percentile £225 £262 £275
90th Percentile £650 £675 £625
London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +2.86%
Number of hourly rates quoted 76 74 53
Central London median hourly rate £18.70 £18.35 £18.00
Median hourly rate % change year-on-year +1.91% +1.94% +2.86%
10th Percentile £13.16 £11.25 £11.25
90th Percentile £27.13 £31.35 £55.00
London median hourly rate £19.00 £20.00 £18.00
% change year-on-year -5.00% +11.11% -5.26%

Reuters
Job Vacancy Trend in Central London

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

Job vacancy trend for Reuters in Central London

Reuters
Contractor Daily Rate Trend in Central London

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

Contractor daily rate trend for Reuters in Central London

Reuters
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Reuters in Central London over the 6 months to 15 December 2018.

Contractor daily rate histogram for Reuters in Central London

Reuters
Contractor Hourly Rate Trend in Central London

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

Contractor hourly rate trend for Reuters in Central London

Reuters
Contractor Hourly Rate Histogram in Central London

The hourly rate distribution of IT jobs citing Reuters in Central London over the 6 months to 15 December 2018.

Contractor hourly rate histogram for Reuters in Central London

Reuters
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 Reuters within the Central London region over the 6 months to 15 December 2018. 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 -30 30 £288 -39.47% 7
West End of London - 8 £550 -
Camden -6 1 - -
Reuters
London

For the 6 months to 15 December 2018, IT contractor jobs citing Reuters 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 Reuters.

1 42 (95.45%) Bloomberg
2 27 (61.36%) Windows
3 25 (56.82%) Finance
4 22 (50.00%) Front Office
5 13 (29.55%) ITIL
6 12 (27.27%) Microsoft
7 11 (25.00%) Banking
7 11 (25.00%) Windows 7
7 11 (25.00%) Microsoft Office
8 10 (22.73%) Active Directory
8 10 (22.73%) ITIL Certification
8 10 (22.73%) Office 365
8 10 (22.73%) Eikon
8 10 (22.73%) Windows 10
9 9 (20.45%) ServiceNow
9 9 (20.45%) FactSet
9 9 (20.45%) Proactive Monitoring
9 9 (20.45%) Self-Motivation
9 9 (20.45%) Disaster Recovery
10 7 (15.91%) Fixed Income
11 6 (13.64%) Virtual Desktop
12 5 (11.36%) Speakerbus
12 5 (11.36%) Wallstreet Suite
12 5 (11.36%) Blackberry
12 5 (11.36%) Blackberry Enterprise Server
12 5 (11.36%) Microsoft Excel
13 4 (9.09%) DNS
13 4 (9.09%) SLA
13 4 (9.09%) SQL
13 4 (9.09%) Systems Management Server (SMS)

Reuters
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:

Application Platforms
1 5 (11.36%) Blackberry Enterprise Server
2 3 (6.82%) MS Exchange
Applications
1 11 (25.00%) Microsoft Office
2 5 (11.36%) Microsoft Excel
Business Applications
1 10 (22.73%) Eikon
2 2 (4.55%) thinkFolio
3 1 (2.27%) 3000 Xtra
3 1 (2.27%) BusinessWorks
3 1 (2.27%) Kondor
3 1 (2.27%) RMDS
Cloud Services
1 10 (22.73%) Office 365
Communications & Networking
1 4 (9.09%) DNS
2 2 (4.55%) VoIP
3 1 (2.27%) BGP
3 1 (2.27%) Internet
3 1 (2.27%) LAN
3 1 (2.27%) OSPF
3 1 (2.27%) WAN
3 1 (2.27%) Wireshark
Database & Business Intelligence
1 3 (6.82%) SQL Server
2 1 (2.27%) KDB
2 1 (2.27%) Kdb+
2 1 (2.27%) Sybase ASE
Development Applications
1 2 (4.55%) WinDbg
2 1 (2.27%) Git (software)
2 1 (2.27%) GitLab
2 1 (2.27%) Hudson
2 1 (2.27%) Maven
2 1 (2.27%) RStudio
2 1 (2.27%) Subversion
General
1 25 (56.82%) Finance
2 22 (50.00%) Front Office
3 11 (25.00%) Banking
4 4 (9.09%) Law
5 2 (4.55%) Back Office
5 2 (4.55%) Financial Institution
5 2 (4.55%) Investment Banking
6 1 (2.27%) Marketing
Job Titles
1 17 (38.64%) Analyst
2 12 (27.27%) Desktop Engineer
2 12 (27.27%) Support Analyst
3 9 (20.45%) Desktop Support
3 9 (20.45%) Trade Floor Support Analyst
4 7 (15.91%) IT Analyst
4 7 (15.91%) IT Support
4 7 (15.91%) IT Support Analyst
4 7 (15.91%) Support Engineer
5 5 (11.36%) Desktop Analyst
5 5 (11.36%) Desktop Support Analyst
6 4 (9.09%) Desktop Support Engineer
6 4 (9.09%) IT Engineer
7 3 (6.82%) Applications Support
8 2 (4.55%) 2nd Line Support
8 2 (4.55%) Applications Support Analyst
8 2 (4.55%) Data Analyst
8 2 (4.55%) Developer
8 2 (4.55%) Junior
8 2 (4.55%) Performance Analyst
Libraries, Frameworks & Software Standards
1 1 (2.27%) .NET
1 1 (2.27%) .NET Core
1 1 (2.27%) .NET Framework
1 1 (2.27%) ASP.NET
1 1 (2.27%) ASP.NET Core
1 1 (2.27%) FIX Protocol
1 1 (2.27%) JMS
1 1 (2.27%) Middleware
1 1 (2.27%) Spring
1 1 (2.27%) XML
1 1 (2.27%) XSLT
Miscellaneous
1 9 (20.45%) Self-Motivation
2 7 (15.91%) Fixed Income
3 5 (11.36%) Blackberry
4 3 (6.82%) Equities
4 3 (6.82%) Foreign Exchange (FX)
4 3 (6.82%) Hedge funds
5 1 (2.27%) Algorithms
5 1 (2.27%) Analytical Skills
5 1 (2.27%) BYOD
5 1 (2.27%) Data Structures
5 1 (2.27%) Management Information System
5 1 (2.27%) SWIFT
Operating Systems
1 27 (61.36%) Windows
2 11 (25.00%) Windows 7
3 10 (22.73%) Windows 10
4 3 (6.82%) Linux
5 2 (4.55%) Unix
5 2 (4.55%) Windows Server
6 1 (2.27%) Mac OS
6 1 (2.27%) Solaris
Processes & Methodologies
1 13 (29.55%) ITIL
2 9 (20.45%) Disaster Recovery
2 9 (20.45%) Proactive Monitoring
3 4 (9.09%) Asset Management
3 4 (9.09%) Service Management
3 4 (9.09%) Time Management
4 3 (6.82%) Analytics
4 3 (6.82%) Investment Management
5 2 (4.55%) Contract Negotiation
5 2 (4.55%) Data Strategy
5 2 (4.55%) Incident Management
5 2 (4.55%) Performance Attribution
5 2 (4.55%) Problem Management
5 2 (4.55%) Problem-Solving
5 2 (4.55%) Process Improvement
5 2 (4.55%) Risk Management
5 2 (4.55%) Service Delivery
5 2 (4.55%) Software Deployment
5 2 (4.55%) User Acceptance Testing
6 1 (2.27%) Unit Testing
Programming Languages
1 4 (9.09%) SQL
2 3 (6.82%) VBA
3 2 (4.55%) PowerShell
3 2 (4.55%) VBScript
4 1 (2.27%) AWK
4 1 (2.27%) C#
4 1 (2.27%) C++
4 1 (2.27%) Java
4 1 (2.27%) Perl
4 1 (2.27%) R
4 1 (2.27%) Shell Script
Qualifications
1 10 (22.73%) ITIL Certification
2 3 (6.82%) Degree
3 2 (4.55%) Security Cleared
4 1 (2.27%) MCSE
4 1 (2.27%) Microsoft Certification
Quality Assurance & Compliance
1 4 (9.09%) SLA
2 1 (2.27%) Data Quality
2 1 (2.27%) QA
System Software
1 10 (22.73%) Active Directory
2 6 (13.64%) Virtual Desktop
Systems Management
1 4 (9.09%) Systems Management Server (SMS)
2 3 (6.82%) SCCM
3 2 (4.55%) Perfmon
4 1 (2.27%) Jamf Pro
Vendors
1 42 (95.45%) Bloomberg
2 12 (27.27%) Microsoft
3 9 (20.45%) FactSet
3 9 (20.45%) ServiceNow
4 5 (11.36%) Speakerbus
4 5 (11.36%) Wallstreet Suite
5 4 (9.09%) Sony
6 2 (4.55%) Charles River
6 2 (4.55%) Trayport
7 1 (2.27%) Cisco
7 1 (2.27%) Misys
7 1 (2.27%) Riverbed
7 1 (2.27%) Sybase
7 1 (2.27%) TIBCO
7 1 (2.27%) Tradeweb