Period
to 4 December 2020

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 4 December 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 Bloomberg.

Bloomberg
Central London > City of London
6 months to
4 Dec 2020
Same period 2019 Same period 2018
Rank 109 187 205
Rank change year-on-year +78 +18 -38
Contract jobs citing Bloomberg 10 31 53
As % of all contract jobs advertised in the City of London 0.50% 0.54% 0.75%
As % of the Vendors category 1.42% 1.34% 1.99%
Number of daily rates quoted 9 20 35
Median daily rate £650 £383 £325
Median daily rate % change year-on-year +69.93% +17.69% -38.10%
10th Percentile £225 £206 £126
90th Percentile £813 £728 £705
Central London median daily rate £650 £375 £463
% change year-on-year +73.33% -18.92% -11.90%
Number of hourly rates quoted 0 1 1
Median hourly rate - £22.93 £17.50
Median hourly rate % change year-on-year - +31.03% -
Central London median hourly rate - £19.47 £22.93
% change year-on-year - -15.11% -23.57%

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 704 2,320 2,666
As % of all contract IT jobs advertised in the City of London 35.15% 40.18% 37.48%
Number of daily rates quoted 472 1,779 2,007
Median daily rate £500 £500 £488
Median daily rate % change year-on-year - +2.56% +0.10%
10th Percentile £293 £260 £225
90th Percentile £675 £650 £650
Central London median daily rate £500 £493 £488
% change year-on-year +1.52% +1.03% +2.63%
Number of hourly rates quoted 14 42 72
Median hourly rate £22.75 £20.67 £18.70
Median hourly rate % change year-on-year +10.09% +10.51% +3.89%
10th Percentile £12.99 £12.04 £13.00
90th Percentile £65.63 £51.53 £25.50
Median hourly rate £22.75 £20.83 £18.70
% change year-on-year +9.22% +11.39% -

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 4 December 2020.

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 4 December 2020, 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 5 (50.00%) Front Office
2 3 (30.00%) SQL
2 3 (30.00%) Finance
2 3 (30.00%) Advertising
2 3 (30.00%) ION Trading
2 3 (30.00%) Electronic Trading
2 3 (30.00%) MarketAxess
2 3 (30.00%) Bloomberg TOMS
2 3 (30.00%) ION MarketView
2 3 (30.00%) Cash Management
2 3 (30.00%) Refinitiv
3 2 (20.00%) Problem-Solving
3 2 (20.00%) Data Cleansing
3 2 (20.00%) Reference Data
3 2 (20.00%) Active Directory
3 2 (20.00%) VBA
3 2 (20.00%) Windows
3 2 (20.00%) Data Modelling
3 2 (20.00%) Agile Software Development
3 2 (20.00%) Banking
3 2 (20.00%) Data Analysis
3 2 (20.00%) Degree
3 2 (20.00%) Stakeholder Management
3 2 (20.00%) Scrum
4 1 (10.00%) VMware
4 1 (10.00%) Business Continuity
4 1 (10.00%) VB.NET
4 1 (10.00%) MVC
4 1 (10.00%) Migration
4 1 (10.00%) Computer Science

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 1 (10.00%) SharePoint
Applications
1 1 (10.00%) Microsoft Excel
Business Applications
1 3 (30.00%) Bloomberg TOMS
1 3 (30.00%) ION MarketView
2 1 (10.00%) Refinitiv Enterprise Platform
Cloud Services
1 1 (10.00%) Azure
1 1 (10.00%) Office 365
Communications & Networking
1 1 (10.00%) Firewall
1 1 (10.00%) SAN
Database & Business Intelligence
1 1 (10.00%) BusinessObjects
Development Applications
1 1 (10.00%) Team Foundation Server
1 1 (10.00%) Visual Studio
General
1 5 (50.00%) Front Office
2 3 (30.00%) Advertising
2 3 (30.00%) Finance
3 2 (20.00%) Banking
4 1 (10.00%) Investment Banking
Job Titles
1 3 (30.00%) Analyst
1 3 (30.00%) Electronic Trading Specialist
2 2 (20.00%) Data Analyst
2 2 (20.00%) Developer
2 2 (20.00%) Full Stack Developer
2 2 (20.00%) Project Analyst
3 1 (10.00%) .NET Developer
3 1 (10.00%) 2nd Line Desktop Support
3 1 (10.00%) C# .NET Developer
3 1 (10.00%) C# Developer
3 1 (10.00%) C# VB.NET Developer
3 1 (10.00%) Desktop Support
3 1 (10.00%) Financial Analyst
3 1 (10.00%) HTML Developer
3 1 (10.00%) Java Developer
3 1 (10.00%) JavaScript Developer
3 1 (10.00%) Server Support
3 1 (10.00%) Service Desk Analyst
3 1 (10.00%) Systems Engineer
3 1 (10.00%) VB.NET Developer
Libraries, Frameworks & Software Standards
1 1 (10.00%) .NET
1 1 (10.00%) AngularJS
1 1 (10.00%) ASP.NET
1 1 (10.00%) ASP.NET MVC
1 1 (10.00%) ASP.NET Web API
1 1 (10.00%) COM
1 1 (10.00%) CSS
1 1 (10.00%) Django
1 1 (10.00%) Flask
1 1 (10.00%) HTML
1 1 (10.00%) Kafka
1 1 (10.00%) RESTful
1 1 (10.00%) Spring
1 1 (10.00%) Spring Boot
1 1 (10.00%) WCF
1 1 (10.00%) XML
Miscellaneous
1 2 (20.00%) Reference Data
2 1 (10.00%) Enterprise Software
2 1 (10.00%) iSeries
2 1 (10.00%) Management Information System
2 1 (10.00%) Reinsurance
2 1 (10.00%) Video Conferencing
Operating Systems
1 2 (20.00%) Windows
2 1 (10.00%) Windows Server
2 1 (10.00%) Windows Server 2012
2 1 (10.00%) Windows Server 2016
Processes & Methodologies
1 3 (30.00%) Cash Management
1 3 (30.00%) Electronic Trading
2 2 (20.00%) Agile Software Development
2 2 (20.00%) Data Analysis
2 2 (20.00%) Data Cleansing
2 2 (20.00%) Data Modelling
2 2 (20.00%) Problem-Solving
2 2 (20.00%) Scrum
2 2 (20.00%) Stakeholder Management
3 1 (10.00%) Business Continuity
3 1 (10.00%) Business Intelligence
3 1 (10.00%) Change Management
3 1 (10.00%) Computer Science
3 1 (10.00%) Continuous Integration
3 1 (10.00%) Disaster Recovery
3 1 (10.00%) Incident Management
3 1 (10.00%) Kanban
3 1 (10.00%) Migration
3 1 (10.00%) MVC
3 1 (10.00%) Release Management
Programming Languages
1 3 (30.00%) SQL
2 2 (20.00%) VBA
3 1 (10.00%) C#
3 1 (10.00%) C++
3 1 (10.00%) Java
3 1 (10.00%) JavaScript
3 1 (10.00%) PowerShell
3 1 (10.00%) Python
3 1 (10.00%) VB.NET
Qualifications
1 2 (20.00%) Degree
System Software
1 2 (20.00%) Active Directory
2 1 (10.00%) Docker
Systems Management
1 1 (10.00%) SCCM
Vendors
1 3 (30.00%) ION Trading
1 3 (30.00%) MarketAxess
1 3 (30.00%) Refinitiv
2 1 (10.00%) Avaya
2 1 (10.00%) CheckPoint
2 1 (10.00%) Cisco
2 1 (10.00%) EMC
2 1 (10.00%) HP
2 1 (10.00%) Microsoft
2 1 (10.00%) Reuters
2 1 (10.00%) VMware