Period
to 26 November 2021

The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of Bloomberg products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Bloomberg over the 6 months to 26 November 2021 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 Bloomberg.

Bloomberg
Central London > City of London
6 months to
26 Nov 2021
Same period 2020 Same period 2019
Rank 175 118 188
Rank change year-on-year -57 +70 +17
Contract jobs citing Bloomberg 14 10 32
As % of all contract jobs advertised in the City of London 0.35% 0.51% 0.55%
As % of the Vendors category 1.06% 1.43% 1.37%
Number of daily rates quoted 10 8 20
10th Percentile £225 £400 £206
25th Percentile £261 £588 £208
Median daily rate (50th Percentile) £543 £700 £383
Median % change year-on-year -22.43% +83.01% +21.43%
75th Percentile £628 £813 £650
90th Percentile £718 " £728
Central London median daily rate £325 £650 £375
% change year-on-year -50.00% +73.33% -18.92%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £22.93
Central London median hourly rate - - £22.93

Bloomberg 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 the City of London.

All Vendors
City of London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 1,321 698 2,334
As % of all contract IT jobs advertised in the City of London 32.93% 35.59% 40.26%
Number of daily rates quoted 1,000 510 1,825
10th Percentile £350 £306 £261
25th Percentile £450 £413 £400
Median daily rate (50th Percentile) £543 £513 £500
Median % change year-on-year +5.90% +2.50% +2.56%
75th Percentile £638 £588 £588
90th Percentile £725 £675 £650
Central London median daily rate £535 £510 £495
% change year-on-year +4.90% +3.03% +1.54%
Number of hourly rates quoted 15 9 41
10th Percentile £13.35 £12.75 £12.04
25th Percentile £13.88 £13.54 £13.75
Median hourly rate £14.25 £20.00 £20.00
Median % change year-on-year -28.75% - +6.95%
75th Percentile £23.38 £22.50 £22.00
90th Percentile £31.75 £23.00 £27.00
Central London median hourly rate £16.38 £19.00 £20.50
% change year-on-year -13.82% -7.32% +9.63%

Bloomberg
Job Vacancy Trend in the City of London

Job postings citing Bloomberg as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Bloomberg in the City of London

Bloomberg
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Bloomberg in the City of London.

Daily rate trend for Bloomberg in the City of London

Bloomberg
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Bloomberg in the City of London over the 6 months to 26 November 2021.

Daily rate histogram for Bloomberg in the City of London

Bloomberg
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Bloomberg in the City of London.

Hourly rate trend for Bloomberg in the City of London

For the 6 months to 26 November 2021, IT contractor jobs citing Bloomberg 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 City of London region with a requirement for Bloomberg.

1 9 (64.29%) Finance
2 8 (57.14%) Banking
3 7 (50.00%) Fixed Income
4 6 (42.86%) Front Office
4 6 (42.86%) Windows
5 5 (35.71%) JIRA
6 4 (28.57%) Windows 10
6 4 (28.57%) Investment Banking
6 4 (28.57%) Active Directory
7 3 (21.43%) HP
7 3 (21.43%) SQL
7 3 (21.43%) Cisco
7 3 (21.43%) Asset Management
7 3 (21.43%) Agile Software Development
7 3 (21.43%) Legal
7 3 (21.43%) Windows 7
7 3 (21.43%) Social Skills
7 3 (21.43%) QA
7 3 (21.43%) SCCM
7 3 (21.43%) Bloomberg TOMS
7 3 (21.43%) Windows Server 2012
8 2 (14.29%) Jenkins
8 2 (14.29%) Test Strategy
8 2 (14.29%) Microsoft 365
8 2 (14.29%) Straight-Through Processing
8 2 (14.29%) Functional Testing
8 2 (14.29%) Confluence
8 2 (14.29%) Financial Analysis
8 2 (14.29%) Git (software)
8 2 (14.29%) Test Automation

Bloomberg
Co-occurring IT Skills in the City of 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 2 (14.29%) Confluence
1 2 (14.29%) SharePoint
2 1 (7.14%) IBM Notes
Applications
1 2 (14.29%) Microsoft Office
Business Applications
1 3 (21.43%) Bloomberg TOMS
2 1 (7.14%) Eikon
Cloud Services
1 2 (14.29%) Microsoft 365
Communications & Networking
1 2 (14.29%) Firewall
1 2 (14.29%) SAN
2 1 (7.14%) NAS
2 1 (7.14%) VoIP
2 1 (7.14%) Wireless
Database & Business Intelligence
1 2 (14.29%) RDBMS
1 2 (14.29%) Relational Database
2 1 (7.14%) Data Warehouse
Development Applications
1 5 (35.71%) JIRA
2 2 (14.29%) Git (software)
2 2 (14.29%) IntelliJ
2 2 (14.29%) Jenkins
2 2 (14.29%) Maven
General
1 9 (64.29%) Finance
2 8 (57.14%) Banking
3 6 (42.86%) Front Office
4 4 (28.57%) Investment Banking
5 3 (21.43%) Legal
5 3 (21.43%) Social Skills
6 2 (14.29%) Marketing
6 2 (14.29%) Presentation Skills
7 1 (7.14%) Analytical Skills
7 1 (7.14%) Back Office
7 1 (7.14%) Financial Institution
7 1 (7.14%) Telecoms
Job Titles
1 9 (64.29%) Analyst
2 5 (35.71%) Desktop Support
3 3 (21.43%) Banking Analyst
3 3 (21.43%) Business Analyst
3 3 (21.43%) Desktop Analyst
3 3 (21.43%) Test Analyst
4 2 (14.29%) 2nd Line Desktop Support
4 2 (14.29%) 2nd Line Support
4 2 (14.29%) Desktop Support Analyst
4 2 (14.29%) Senior Analyst
4 2 (14.29%) Senior Test Analyst
4 2 (14.29%) Server Support
4 2 (14.29%) Support Analyst
5 1 (7.14%) Desktop Engineer
5 1 (7.14%) Desktop Support Engineer
5 1 (7.14%) Development Manager
5 1 (7.14%) Market Risk Analyst
5 1 (7.14%) Product Business Analyst
5 1 (7.14%) Product Manager
5 1 (7.14%) Support Engineer
Miscellaneous
1 7 (50.00%) Fixed Income
2 2 (14.29%) Blackberry
2 2 (14.29%) Foreign Exchange (FX)
2 2 (14.29%) Market Risk
2 2 (14.29%) Video Conferencing
3 1 (7.14%) Data Centre
3 1 (7.14%) Derivative
3 1 (7.14%) Equities
3 1 (7.14%) Hedge funds
3 1 (7.14%) Management Information System
Operating Systems
1 6 (42.86%) Windows
2 4 (28.57%) Windows 10
3 3 (21.43%) Windows 7
3 3 (21.43%) Windows Server 2012
4 2 (14.29%) Unix
4 2 (14.29%) Windows Server 2016
5 1 (7.14%) Mac OS
5 1 (7.14%) Windows Server
Processes & Methodologies
1 3 (21.43%) Agile Software Development
1 3 (21.43%) Asset Management
2 2 (14.29%) Business Case
2 2 (14.29%) Business Continuity
2 2 (14.29%) Disaster Recovery
2 2 (14.29%) Economics
2 2 (14.29%) Electronic Trading
2 2 (14.29%) Financial Analysis
2 2 (14.29%) Functional Testing
2 2 (14.29%) Investment Management
2 2 (14.29%) Performance Testing
2 2 (14.29%) Regression Testing
2 2 (14.29%) SDLC
2 2 (14.29%) Service Delivery
2 2 (14.29%) Straight-Through Processing
2 2 (14.29%) Test Automation
2 2 (14.29%) Test Management
2 2 (14.29%) Test Strategy
3 1 (7.14%) Inventory Management
3 1 (7.14%) Product Management
Programming Languages
1 3 (21.43%) SQL
2 2 (14.29%) Java
2 2 (14.29%) Shell Script
3 1 (7.14%) PowerShell
3 1 (7.14%) Python
Qualifications
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 3 (21.43%) QA
2 2 (14.29%) UCITS
3 1 (7.14%) COREP
3 1 (7.14%) GDPR
3 1 (7.14%) SLA
System Software
1 4 (28.57%) Active Directory
2 1 (7.14%) Virtual Desktop
2 1 (7.14%) VMware ESXi
2 1 (7.14%) VMware Infrastructure
2 1 (7.14%) vSphere
Systems Management
1 3 (21.43%) SCCM
2 1 (7.14%) McAfee ePO
2 1 (7.14%) NetBackup
2 1 (7.14%) Norton AntiVirus
2 1 (7.14%) Symantec Enterprise Vault
2 1 (7.14%) vCenter Server
2 1 (7.14%) WSUS
Vendors
1 3 (21.43%) Cisco
1 3 (21.43%) HP
2 2 (14.29%) Avaya
2 2 (14.29%) CheckPoint
2 2 (14.29%) EMC
2 2 (14.29%) ION Trading
2 2 (14.29%) MarketAxess
2 2 (14.29%) Refinitiv
2 2 (14.29%) Reuters
2 2 (14.29%) Tradeweb
3 1 (7.14%) Altiris
3 1 (7.14%) Fidessa
3 1 (7.14%) Lotus
3 1 (7.14%) McAfee
3 1 (7.14%) RightFax
3 1 (7.14%) Symantec
3 1 (7.14%) VMware