The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of Charles River products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Charles River over the 3 months to 23 March 2017 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 Charles River Systems, Inc.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Charles River
London / City of London
Rank 145 144 184
Rank change year-on-year -1 +40  
Contract jobs citing Charles River 8 17 12
As % of all contract IT jobs advertised in the City of London 0.27% 0.52% 0.24%
As % of the Vendors category 0.67% 1.28% 0.56%
Number of daily rates quoted 4 17 11
Median daily rate £600 £488 £550
Median daily rate % change year-on-year +23.07% -11.36%  
90% offered a daily rate of more than £550 £330 £450
10% offered a daily rate of more than £790 £585 £650
UK excluding London median daily rate £638 £525 £550
% change year-on-year +21.42% -4.54%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Charles River is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in the City of London.

Contract Vendor Product & Service Skills
City of London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 1188 1326 2137
As % of all contract IT job vacancies advertised in the City of London 39.67% 40.33% 42.50%
Number of daily rates quoted 871 1001 1548
Median daily rate £468 £450 £425
Median daily rate % change year-on-year +3.88% +5.88%  
90% offered a daily rate of more than £288 £280 £250
10% offered a daily rate of more than £625 £600 £580
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 16 16 45
Median hourly rate £14.15 £19.00 £20.45
Median hourly rate % change year-on-year -25.55% -7.06%  
90% offered a hourly rate of more than £12.19 £10.80 £13.46
10% offered a hourly rate of more than £22.34 £43.66 £25.30
UK excluding London median hourly rate £16.25 £19.50 £17.22
% change year-on-year -16.64% +13.21%  

Charles River
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Charles River as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for Charles River in the City of London

Charles River
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Charles River in the City of London.

Contractor daily rate trend for Charles River in the City of London

Charles River
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Charles River in the City of London over the 3 months to 23 March 2017.

Contractor daily rate histogram for Charles River in the City of London

Charles River
Top 30 Related IT Skills in the City of London

For the 6 months to 23 March 2017, IT contractor jobs citing Charles River also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Charles River.

1 17 (80.95%) Asset Management
2 14 (66.67%) Investment Management
3 10 (47.62%) Finance
3 10 (47.62%) SQL
4 7 (33.33%) Front Office
5 6 (28.57%) Agile Software Development
6 4 (19.05%) Waterfall
6 4 (19.05%) Markit EDM
6 4 (19.05%) System Integration Testing
6 4 (19.05%) Business Analysis
6 4 (19.05%) SimCorp
6 4 (19.05%) Derivative
6 4 (19.05%) Fund Management
6 4 (19.05%) User Acceptance Testing
6 4 (19.05%) Migration
6 4 (19.05%) Fixed Income
6 4 (19.05%) Regression Testing
7 3 (14.29%) Scrum
7 3 (14.29%) Client/Server
7 3 (14.29%) HP
7 3 (14.29%) Test Scripting
7 3 (14.29%) Software Testing
7 3 (14.29%) JIRA
7 3 (14.29%) QA
7 3 (14.29%) Electronic Trading
7 3 (14.29%) thinkFolio
7 3 (14.29%) Test Automation
7 3 (14.29%) HP Quality Center
7 3 (14.29%) Hedge funds
7 3 (14.29%) Data Management

Charles River
Top Related 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:

Business Applications
1 4 (19.05%) Markit EDM
2 3 (14.29%) thinkFolio
3 2 (9.52%) SimCorp Dimension
Database & Business Intelligence
1 2 (9.52%) SQL Server
1 2 (9.52%) SQL Server Integration Services
Development Applications
1 3 (14.29%) JIRA
2 2 (9.52%) Subversion
General
1 10 (47.62%) Finance
2 7 (33.33%) Front Office
3 1 (4.76%) Advertising
3 1 (4.76%) Financial Institution
Job Titles
1 15 (71.43%) Analyst
2 10 (47.62%) Business Analyst
3 5 (23.81%) Charles River Business Analyst
4 4 (19.05%) Asset Management Analyst
4 4 (19.05%) Front Office Business Analyst
5 3 (14.29%) Asset Management Business Analyst
5 3 (14.29%) Data Analyst
6 2 (9.52%) Compliance Analyst
6 2 (9.52%) Compliance Business Analyst
6 2 (9.52%) Developer
6 2 (9.52%) MiFID Business Analyst
6 2 (9.52%) Programme Manager
6 2 (9.52%) Senior Analyst
6 2 (9.52%) Senior Business Analyst
6 2 (9.52%) SQL Developer
7 1 (4.76%) Asset Management Project Manager
7 1 (4.76%) Charles River Support Analyst
7 1 (4.76%) Investment Management Business Analyst
7 1 (4.76%) Systems Manager
7 1 (4.76%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (14.29%) Gherkin
2 2 (9.52%) .NET
2 2 (9.52%) .NET Framework
2 2 (9.52%) Entity Framework
Miscellaneous
1 4 (19.05%) Derivative
1 4 (19.05%) Fixed Income
2 3 (14.29%) Analytical Skills
2 3 (14.29%) Client/Server
2 3 (14.29%) Hedge funds
3 1 (4.76%) Foreign Exchange (FX)
Operating Systems
1 1 (4.76%) Unix
Processes & Methodologies
1 17 (80.95%) Asset Management
2 14 (66.67%) Investment Management
3 6 (28.57%) Agile Software Development
4 4 (19.05%) Business Analysis
4 4 (19.05%) Fund Management
4 4 (19.05%) Migration
4 4 (19.05%) Regression Testing
4 4 (19.05%) System Integration Testing
4 4 (19.05%) User Acceptance Testing
4 4 (19.05%) Waterfall
5 3 (14.29%) Data Governance
5 3 (14.29%) Data Management
5 3 (14.29%) Electronic Trading
5 3 (14.29%) Scrum
5 3 (14.29%) SDLC
5 3 (14.29%) Software Testing
5 3 (14.29%) Test Automation
5 3 (14.29%) Test Scripting
6 2 (9.52%) Continuous Integration
6 2 (9.52%) Requirements Analysis
Programming Languages
1 10 (47.62%) SQL
2 2 (9.52%) C#
2 2 (9.52%) PowerShell
2 2 (9.52%) Shell Script
2 2 (9.52%) T-SQL
Qualifications
1 2 (9.52%) CFA
Quality Assurance & Compliance
1 3 (14.29%) QA
2 2 (9.52%) MiFID
3 1 (4.76%) EMIR
Systems Management
1 3 (14.29%) HP Quality Center
Vendors
1 4 (19.05%) SimCorp
2 3 (14.29%) HP
3 2 (9.52%) Bloomberg
4 1 (4.76%) Fidessa