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

The figures below represent the IT contractor job market in general and are not representative of contractor rates within OpenLink Software, Inc.

OpenLink
London / City of London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 158 164 204
Rank change year-on-year +6 +40  
Contract jobs citing OpenLink 8 1 1
As % of all contract IT jobs advertised in the City of London 0.25% 0.030% 0.017%
As % of the Vendors category 0.65% 0.074% 0.041%
Number of daily rates quoted 7 1 1
Median daily rate £625 £575 £650
Median daily rate % change year-on-year +8.69% -11.53%  
UK excluding London median daily rate £425 - £525
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

OpenLink 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 1236 1357 2430
As % of all contract IT job vacancies advertised in the City of London 37.88% 40.30% 42.33%
Number of daily rates quoted 897 1044 1803
Median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.55% +5.88%  
90% offered a daily rate of more than £263 £275 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 20 18 64
Median hourly rate £21.40 £19.00 £17.98
Median hourly rate % change year-on-year +12.63% +5.67%  
90% offered a hourly rate of more than £14.00 £12.50 £10.90
10% offered a hourly rate of more than £26.92 £26.00 £45.00
UK excluding London median hourly rate £17.50 £21.00 £18.50
% change year-on-year -16.66% +13.51%  

OpenLink
Job Vacancy Trend in the City of London

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

Job vacancy trend for OpenLink in the City of London

OpenLink
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 OpenLink in the City of London.

Contractor daily rate trend for OpenLink in the City of London

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

1 9 (81.82%) .NET
1 9 (81.82%) Endur
2 6 (54.55%) Finance
3 4 (36.36%) Unit Testing
4 3 (27.27%) Front Office
4 3 (27.27%) Analytics
4 3 (27.27%) SDLC
4 3 (27.27%) Equities
4 3 (27.27%) Banking
4 3 (27.27%) Derivative
4 3 (27.27%) Release Management
4 3 (27.27%) VB.NET
4 3 (27.27%) Foreign Exchange (FX)
4 3 (27.27%) C#
5 2 (18.18%) ETRM
5 2 (18.18%) OpenLink RightAngle
5 2 (18.18%) Greenfield Project
6 1 (9.09%) Java
6 1 (9.09%) OO
6 1 (9.09%) OOD

OpenLink
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:

Business Applications
1 9 (81.82%) Endur
2 2 (18.18%) OpenLink RightAngle
General
1 6 (54.55%) Finance
2 3 (27.27%) Banking
2 3 (27.27%) Front Office
Job Titles
1 9 (81.82%) Developer
1 9 (81.82%) OpenLink Developer
2 4 (36.36%) Endur Developer
3 2 (18.18%) .NET Developer
3 2 (18.18%) Analyst
3 2 (18.18%) Business Analyst
3 2 (18.18%) C# .NET Developer
3 2 (18.18%) C# Developer
3 2 (18.18%) ETRM Business Analyst
3 2 (18.18%) OpenLink Analyst
3 2 (18.18%) OpenLink Business Analyst
4 1 (9.09%) AVS Developer
4 1 (9.09%) Senior Developer
Libraries, Frameworks & Software Standards
1 9 (81.82%) .NET
Miscellaneous
1 3 (27.27%) Derivative
1 3 (27.27%) Equities
1 3 (27.27%) Foreign Exchange (FX)
2 2 (18.18%) Greenfield Project
Processes & Methodologies
1 4 (36.36%) Unit Testing
2 3 (27.27%) Analytics
2 3 (27.27%) Release Management
2 3 (27.27%) SDLC
3 2 (18.18%) ETRM
4 1 (9.09%) OO
4 1 (9.09%) OOD
Programming Languages
1 3 (27.27%) C#
1 3 (27.27%) VB.NET
2 1 (9.09%) Java