The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Market Research skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Research over the 3 months to 28 June 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.

Market Research
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 165 160 198
Rank change year-on-year -5 +38  
Contract jobs citing Market Research 1 5 7
As % of all contract IT jobs advertised in the City of London 0.031% 0.15% 0.12%
As % of the Processes & Methodologies category 0.035% 0.17% 0.15%
Number of daily rates quoted 1 5 6
Median daily rate £400 £425 £383
Median daily rate % change year-on-year -5.88% +11.11%  
90% offered a daily rate of more than £390 £356 £243
10% offered a daily rate of more than £410 £558 £488
UK excluding London median daily rate £440 £413 £400
% change year-on-year +6.66% +3.12%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £55.00 -

Market Research is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2879 2886 4657
As % of all contract IT job vacancies advertised in the City of London 88.23% 85.71% 81.12%
Number of daily rates quoted 8879 9203 12866
Median daily rate £500 £475 £465
Median daily rate % change year-on-year +5.26% +2.15%  
90% offered a daily rate of more than £340 £319 £313
10% offered a daily rate of more than £675 £656 £650
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 55 90 126
Median hourly rate £20.00 £19.00 £24.50
Median hourly rate % change year-on-year +5.26% -22.44%  
90% offered a hourly rate of more than £14.00 £11.25 £14.71
10% offered a hourly rate of more than £43.00 £34.53 £55.75
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Market Research
Job Vacancy Trend in the City of London

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

Job vacancy trend for Market Research in the City of London

Market Research
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 Market Research in the City of London.

Contractor daily rate trend for Market Research in the City of London

Market Research
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 Market Research in the City of London.

Contractor hourly rate trend for Market Research in the City of London

For the 6 months to 28 June 2017, IT contractor jobs citing Market Research 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 Market Research.

1 3 (100.00%) Agile Software Development
1 3 (100.00%) Degree
1 3 (100.00%) Psychology
1 3 (100.00%) User Experience
1 3 (100.00%) Cognitive Psychology
2 2 (66.67%) Service Design
2 2 (66.67%) Security Cleared
3 1 (33.33%) Customer Insight
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Scrum

Market Research
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:

Job Titles
1 3 (100.00%) User Researcher
Miscellaneous
1 3 (100.00%) User Experience
2 1 (33.33%) Analytical Skills
Processes & Methodologies
1 3 (100.00%) Agile Software Development
1 3 (100.00%) Cognitive Psychology
1 3 (100.00%) Psychology
2 2 (66.67%) Service Design
3 1 (33.33%) Customer Insight
3 1 (33.33%) Scrum
Qualifications
1 3 (100.00%) Degree
2 2 (66.67%) Security Cleared