Period
to 26 July 2017

The table below provides summary statistics for contract job vacancies advertised in the City of 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 26 July 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 FactSet Research Systems, Inc.

FactSet
Central London > City of London
6 months to
26 Jul 2017
Same period 2016 Same period 2015
Rank 230 228 288
Rank change year-on-year -2 +60 +11
Contract jobs citing FactSet 11 9 14
As % of all contract IT jobs advertised in the City of London 0.17% 0.13% 0.12%
As % of the Vendors category 0.44% 0.32% 0.29%
Number of daily rates quoted 7 8 13
City of London median daily rate £350 £313 £225
Median daily rate % change year-on-year +12.00% +38.89% -52.63%
10th Percentile £258 £175 £213
90th Percentile £750 £414 £678
Central London median daily rate £350 £313 £225
% change year-on-year +12.00% +38.89% -52.63%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central 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 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 2514 2795 4829
As % of all contract IT job vacancies advertised in the City of London 38.92% 40.99% 42.52%
Number of daily rates quoted 1832 2145 3548
City of London median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £270 £288 £250
90th Percentile £650 £638 £625
Central London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 40 32 110
City of London median hourly rate £16.96 £19.00 £17.68
Median hourly rate % change year-on-year -10.75% +7.45% -11.59%
10th Percentile £12.52 £11.25 £10.00
90th Percentile £34.67 £34.73 £32.20
Central London median hourly rate £16.92 £19.00 £17.50
% change year-on-year -10.95% +8.57% -7.89%

FactSet
Job Vacancy Trend in the City of London

Job postings citing FactSet as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for FactSet in the City of London

FactSet
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 FactSet in the City of London.

Contractor daily rate trend for FactSet in the City of London

FactSet
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing FactSet in the City of London over the 6 months to 26 July 2017.

Contractor daily rate histogram for FactSet in the City of London

FactSet
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for FactSet in the City of London

For the 6 months to 26 July 2017, IT contractor jobs citing FactSet 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 FactSet.

1 11 (100.00%) Finance
2 8 (72.73%) Bloomberg
3 7 (63.64%) Windows
4 6 (54.55%) Fixed Income
4 6 (54.55%) Eikon
5 4 (36.36%) Investment Management
6 3 (27.27%) Microsoft App-V
6 3 (27.27%) Equities
6 3 (27.27%) Windows 7
6 3 (27.27%) Hedge funds
6 3 (27.27%) BISAM
6 3 (27.27%) Windows 10
6 3 (27.27%) Sylvan
6 3 (27.27%) Performance Attribution
6 3 (27.27%) Migration
6 3 (27.27%) Financial Institution
6 3 (27.27%) Front Office
6 3 (27.27%) Asset Management
6 3 (27.27%) Market Risk
6 3 (27.27%) SCCM
6 3 (27.27%) StatPro
6 3 (27.27%) CQG
6 3 (27.27%) Microsoft Office
6 3 (27.27%) Fidessa
6 3 (27.27%) Reuters
7 2 (18.18%) Office 365
8 1 (9.09%) Windows Server
8 1 (9.09%) Data Centre
8 1 (9.09%) Unix
8 1 (9.09%) Linux

FactSet
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:

Applications
1 3 (27.27%) Microsoft Office
Business Applications
1 6 (54.55%) Eikon
2 3 (27.27%) Sylvan
Cloud Services
1 2 (18.18%) Office 365
Communications & Networking
1 1 (9.09%) DHCP
1 1 (9.09%) DNS
1 1 (9.09%) TCP/IP
General
1 11 (100.00%) Finance
2 3 (27.27%) Financial Institution
2 3 (27.27%) Front Office
Job Titles
1 3 (27.27%) Business Consultant
1 3 (27.27%) Consultant
1 3 (27.27%) Software Consultant
2 2 (18.18%) Migration Engineer
2 2 (18.18%) Windows Engineer
3 1 (9.09%) Administrator
3 1 (9.09%) Analyst
3 1 (9.09%) Analyst Developer
3 1 (9.09%) Desktop Engineer
3 1 (9.09%) Desktop Migration Engineer
3 1 (9.09%) Desktop Support
3 1 (9.09%) Developer
3 1 (9.09%) IT Administrator
3 1 (9.09%) Performance Consultant
3 1 (9.09%) Risk Analyst
3 1 (9.09%) Senior Business Consultant
3 1 (9.09%) Senior Consultant
3 1 (9.09%) Senior Performance Consultant
Miscellaneous
1 6 (54.55%) Fixed Income
2 3 (27.27%) Equities
2 3 (27.27%) Hedge funds
2 3 (27.27%) Market Risk
3 1 (9.09%) Data Centre
Operating Systems
1 7 (63.64%) Windows
2 3 (27.27%) Windows 10
2 3 (27.27%) Windows 7
3 1 (9.09%) Linux
3 1 (9.09%) Unix
3 1 (9.09%) Windows Server
Processes & Methodologies
1 4 (36.36%) Investment Management
2 3 (27.27%) Asset Management
2 3 (27.27%) Migration
2 3 (27.27%) Performance Attribution
Programming Languages
1 1 (9.09%) C#
1 1 (9.09%) PL/SQL
1 1 (9.09%) Python
1 1 (9.09%) SQL
System Software
1 3 (27.27%) Microsoft App-V
Systems Management
1 3 (27.27%) SCCM
Vendors
1 8 (72.73%) Bloomberg
2 3 (27.27%) BISAM
2 3 (27.27%) CQG
2 3 (27.27%) Fidessa
2 3 (27.27%) Reuters
2 3 (27.27%) StatPro
3 1 (9.09%) Oracle