The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Physics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Physics over the 3 months to 26 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Physics
London / City of London
Rank 139 154 187
Rank change year-on-year +15 +33  
Contract jobs citing Physics 15 4 8
As % of all contract IT jobs advertised in the City of London 0.50% 0.12% 0.16%
As % of the Processes & Methodologies category 0.59% 0.14% 0.19%
Number of daily rates quoted 13 3 6
Median daily rate £513 £675 £613
Median daily rate % change year-on-year -24.07% +10.20%  
90% offered a daily rate of more than £453 £675 £463
10% offered a daily rate of more than £640 £675 £625
UK excluding London median daily rate £375 £350 £325
% change year-on-year +7.14% +7.69%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £25.00 £40.00 -
% change year-on-year -37.50% -  

Physics 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 2561 2922 4205
As % of all contract IT job vacancies advertised in the City of London 85.54% 87.83% 82.45%
Number of daily rates quoted 2008 2335 3244
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £345 £325 £320
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £410 £400 £398
% change year-on-year +2.50% +0.62%  
Number of hourly rates quoted 22 27 36
Median hourly rate £16.00 £20.89 £20.45
Median hourly rate % change year-on-year -23.40% +2.17%  
90% offered a hourly rate of more than £13.50 £14.20 £12.50
10% offered a hourly rate of more than £28.35 £47.50 £92.50
UK excluding London median hourly rate £36.00 £38.75 £30.00
% change year-on-year -7.09% +29.16%  

Physics
Job Vacancy Trend in the City of London

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

Job vacancy trend for Physics in the City of London

Physics
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 Physics in the City of London.

Contractor daily rate trend for Physics in the City of London

Physics
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Physics in the City of London over the 3 months to 26 March 2017.

Contractor daily rate histogram for Physics in the City of London

Physics
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Physics in the City of London

Physics
Top 30 Related IT Skills in the City of London

For the 6 months to 26 March 2017, IT contractor jobs citing Physics 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 Physics.

1 28 (96.55%) Mathematics
2 19 (65.52%) C#
2 19 (65.52%) Analytics
3 16 (55.17%) WPF
4 15 (51.72%) Multithreading
4 15 (51.72%) MVVM
4 15 (51.72%) SQL Server 2016
4 15 (51.72%) SQL Server
4 15 (51.72%) TDD
5 11 (37.93%) Finance
6 10 (34.48%) Degree
6 10 (34.48%) Computer Science
7 9 (31.03%) Java
7 9 (31.03%) .NET
8 8 (27.59%) Data Analytics
8 8 (27.59%) SQL Server 2014
9 7 (24.14%) Entity Framework
9 7 (24.14%) T-SQL
9 7 (24.14%) C++
10 6 (20.69%) MVC
10 6 (20.69%) Banking
10 6 (20.69%) Derivative
11 5 (17.24%) Statistics
11 5 (17.24%) Capital Modelling
12 4 (13.79%) Analytical Skills
13 3 (10.34%) Microservices
13 3 (10.34%) Apache Spark
13 3 (10.34%) Fintech
13 3 (10.34%) Functional Programming
13 3 (10.34%) R

Physics
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:

Application Platforms
1 3 (10.34%) Apache Spark
Applications
1 1 (3.45%) SPSS
Cloud Services
1 1 (3.45%) Google Analytics
Communications & Networking
1 1 (3.45%) Internet
1 1 (3.45%) TCP/IP
Database & Business Intelligence
1 15 (51.72%) SQL Server
1 15 (51.72%) SQL Server 2016
2 8 (27.59%) SQL Server 2014
3 3 (10.34%) NoSQL
4 1 (3.45%) Big Data
4 1 (3.45%) Data Mining
4 1 (3.45%) QlikView
4 1 (3.45%) Text Mining
Development Applications
1 3 (10.34%) Git (software)
2 1 (3.45%) Jenkins
2 1 (3.45%) Subversion
General
1 11 (37.93%) Finance
2 6 (20.69%) Banking
3 3 (10.34%) Front Office
3 3 (10.34%) Investment Banking
4 2 (6.90%) Financial Institution
5 1 (3.45%) Law
5 1 (3.45%) Retail
5 1 (3.45%) Telecoms
Job Titles
1 25 (86.21%) Developer
2 15 (51.72%) C# Developer
2 15 (51.72%) WPF Developer
3 14 (48.28%) C# WPF Developer
4 9 (31.03%) .NET Developer
5 8 (27.59%) C# .NET Developer
6 5 (17.24%) Quantitative Developer
7 4 (13.79%) C++ Developer
7 4 (13.79%) C++ Quantitative Developer
7 4 (13.79%) Java Developer
7 4 (13.79%) UI Developer
8 3 (10.34%) Electronic Trading Developer
8 3 (10.34%) Electronic Trading Java Developer
8 3 (10.34%) Senior Developer
8 3 (10.34%) Senior Java Developer
9 2 (6.90%) Data Scientist
9 2 (6.90%) SQL Developer
9 2 (6.90%) SQL Server Developer
10 1 (3.45%) Market Risk Developer
10 1 (3.45%) Market Risk Java Developer
Libraries, Frameworks & Software Standards
1 16 (55.17%) WPF
2 9 (31.03%) .NET
3 7 (24.14%) Entity Framework
4 3 (10.34%) JSON
4 3 (10.34%) Task Parallel Library
5 2 (6.90%) REST
5 2 (6.90%) Web Services
6 1 (3.45%) CSS
6 1 (3.45%) HTML
6 1 (3.45%) Natural Language Processing
6 1 (3.45%) OpenMP
6 1 (3.45%) RSS
6 1 (3.45%) WCF
6 1 (3.45%) XML
6 1 (3.45%) XSLT
Miscellaneous
1 10 (34.48%) Computer Science
2 6 (20.69%) Derivative
3 4 (13.79%) Analytical Skills
4 3 (10.34%) Fintech
4 3 (10.34%) Fixed Income
4 3 (10.34%) Foreign Exchange (FX)
4 3 (10.34%) Market Risk
5 2 (6.90%) Equities
5 2 (6.90%) OTC Derivatives
6 1 (3.45%) Management Information System
6 1 (3.45%) Social Network
6 1 (3.45%) Web 2.0
Operating Systems
1 2 (6.90%) Linux
1 2 (6.90%) Windows
2 1 (3.45%) CentOS
2 1 (3.45%) Ubuntu
2 1 (3.45%) Windows Server
Processes & Methodologies
1 28 (96.55%) Mathematics
2 19 (65.52%) Analytics
3 15 (51.72%) Multithreading
3 15 (51.72%) MVVM
3 15 (51.72%) TDD
4 8 (27.59%) Data Analytics
5 6 (20.69%) MVC
6 5 (17.24%) Capital Modelling
6 5 (17.24%) Statistics
7 3 (10.34%) Agile Software Development
7 3 (10.34%) DevOps
7 3 (10.34%) Electronic Trading
7 3 (10.34%) Functional Programming
7 3 (10.34%) Low Latency
7 3 (10.34%) Microservices
8 2 (6.90%) Data Visualisation
8 2 (6.90%) Machine Learning
8 2 (6.90%) OO
8 2 (6.90%) OOP
8 2 (6.90%) Visualisation
Programming Languages
1 19 (65.52%) C#
2 9 (31.03%) Java
3 7 (24.14%) C++
3 7 (24.14%) T-SQL
4 3 (10.34%) Haskell
4 3 (10.34%) Python
4 3 (10.34%) R
4 3 (10.34%) Scala
5 2 (6.90%) MATLAB
6 1 (3.45%) C
6 1 (3.45%) PHP
6 1 (3.45%) PowerShell
6 1 (3.45%) SQL
6 1 (3.45%) VBA
Qualifications
1 10 (34.48%) Degree
2 3 (10.34%) PhD
3 1 (3.45%) SC Cleared
3 1 (3.45%) Security Cleared
System Software
1 3 (10.34%) Docker
Vendors
1 3 (10.34%) Atlassian
2 2 (6.90%) Tableau
3 1 (3.45%) Alteryx
3 1 (3.45%) Google
3 1 (3.45%) Microsoft
3 1 (3.45%) Red Hat