Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for RAD skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RAD over the 6 months to 24 November 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.

Rapid Application Development (RAD)
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 228 227 238
Rank change year-on-year -1 +11 +16
Contract jobs citing RAD 13 13 33
As % of all contract IT jobs advertised in the City of London 0.18% 0.19% 0.36%
As % of the Processes & Methodologies category 0.21% 0.22% 0.43%
Number of daily rates quoted 13 10 30
City of London median daily rate £475 £463 £550
Median daily rate % change year-on-year +2.70% -15.91% +4.76%
10th Percentile £371 £368 £388
90th Percentile £612 £588 £708
Central London median daily rate £475 £425 £550
% change year-on-year +11.76% -22.73% +4.76%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

RAD is in the Processes and Methodologies category. The following 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 or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6319 5832 7631
As % of all contract IT jobs advertised in the City of London 88.37% 87.48% 83.96%
Number of daily rates quoted 5024 4654 6069
City of London median daily rate £511 £475 £465
Median daily rate % change year-on-year +7.63% +2.15% +3.33%
10th Percentile £325 £318 £288
90th Percentile £688 £675 £650
Central London median daily rate £500 £475 £460
% change year-on-year +5.26% +3.26% +3.37%
Number of hourly rates quoted 58 53 74
City of London median hourly rate £20.25 £20.00 £21.13
Median hourly rate % change year-on-year +1.25% -5.33% +11.18%
10th Percentile £13.34 £13.55 £10.91
90th Percentile £32.36 £54.03 £45.15
Central London median hourly rate £20.86 £19.00 £21.00
% change year-on-year +9.80% -9.52% +16.67%

RAD
Job Vacancy Trend in the City of London

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

Job vacancy trend for RAD in the City of London

RAD
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 RAD in the City of London.

Contractor daily rate trend for RAD in the City of London

RAD
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing RAD in the City of London over the 6 months to 24 November 2017.

Contractor daily rate histogram for RAD in the City of London

RAD
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 RAD in the City of London.

Contractor hourly rate trend for RAD in the City of London

For the 6 months to 24 November 2017, IT contractor jobs citing RAD 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 RAD.

1 8 (61.54%) Agile Software Development
2 6 (46.15%) VBA
2 6 (46.15%) Microsoft Excel
3 5 (38.46%) Banking
3 5 (38.46%) SQL
3 5 (38.46%) Front Office
3 5 (38.46%) Finance
3 5 (38.46%) Scrum
4 4 (30.77%) C#
4 4 (30.77%) SDLC
5 3 (23.08%) Investment Banking
5 3 (23.08%) SQL Server
5 3 (23.08%) Microsoft
5 3 (23.08%) Risk Management
5 3 (23.08%) Kanban
6 2 (15.38%) Prototyping
6 2 (15.38%) Orchestrade
6 2 (15.38%) Fixed Income
6 2 (15.38%) Oracle
6 2 (15.38%) RMDS
6 2 (15.38%) Derivative
6 2 (15.38%) MDX
6 2 (15.38%) Wealth Management
6 2 (15.38%) Reinsurance
6 2 (15.38%) Line Management
6 2 (15.38%) Spreadsheet
7 1 (7.69%) AngularJS
7 1 (7.69%) User Stories
7 1 (7.69%) Metadata Management
7 1 (7.69%) Qualitative Research

RAD
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:

Application Platforms
1 1 (7.69%) SharePoint
Applications
1 6 (46.15%) Microsoft Excel
2 2 (15.38%) Spreadsheet
3 1 (7.69%) Microsoft Office
Business Applications
1 2 (15.38%) Orchestrade
1 2 (15.38%) RMDS
Cloud Services
1 1 (7.69%) Office 365
Database & Business Intelligence
1 3 (23.08%) SQL Server
2 1 (7.69%) MS Access
2 1 (7.69%) SQL Server Integration Services
Development Applications
1 1 (7.69%) Team Foundation Server
1 1 (7.69%) Visual Studio Team System
General
1 5 (38.46%) Banking
1 5 (38.46%) Finance
1 5 (38.46%) Front Office
2 3 (23.08%) Investment Banking
3 1 (7.69%) Publishing
Job Titles
1 7 (53.85%) Developer
2 5 (38.46%) VBA Developer
3 4 (30.77%) Excel Developer
3 4 (30.77%) Excel VBA Developer
3 4 (30.77%) Front Office Developer
3 4 (30.77%) Front Office RAD Developer
3 4 (30.77%) RAD Developer
4 3 (23.08%) Scrum Master
4 3 (23.08%) SQL Developer
5 2 (15.38%) Access Developer
5 2 (15.38%) Agile Coach
5 2 (15.38%) Agile Scrum Master
5 2 (15.38%) C# Developer
6 1 (7.69%) Access VBA Developer
6 1 (7.69%) Database Developer
6 1 (7.69%) Digital Analyst
6 1 (7.69%) Lead Project Manager
6 1 (7.69%) Office 365 Developer
6 1 (7.69%) SharePoint Developer
6 1 (7.69%) SQL Database Developer
Libraries, Frameworks & Software Standards
1 2 (15.38%) MDX
2 1 (7.69%) AngularJS
2 1 (7.69%) jQuery
2 1 (7.69%) RabbitMQ
2 1 (7.69%) React
2 1 (7.69%) REST
2 1 (7.69%) Web Services
Miscellaneous
1 2 (15.38%) Derivative
1 2 (15.38%) Fixed Income
1 2 (15.38%) Reinsurance
2 1 (7.69%) User Experience
Processes & Methodologies
1 8 (61.54%) Agile Software Development
2 5 (38.46%) Scrum
3 4 (30.77%) SDLC
4 3 (23.08%) Kanban
4 3 (23.08%) Risk Management
5 2 (15.38%) Line Management
5 2 (15.38%) Prototyping
5 2 (15.38%) Wealth Management
6 1 (7.69%) Business Analysis
6 1 (7.69%) Data Mapping
6 1 (7.69%) Data Migration
6 1 (7.69%) Fund Management
6 1 (7.69%) High-Fidelity Prototypes
6 1 (7.69%) Metadata Management
6 1 (7.69%) Open Source
6 1 (7.69%) Performance Management
6 1 (7.69%) Qualitative Research
6 1 (7.69%) Rapid Prototyping
6 1 (7.69%) User Stories
6 1 (7.69%) Wireframes
Programming Languages
1 6 (46.15%) VBA
2 5 (38.46%) SQL
3 4 (30.77%) C#
4 1 (7.69%) Java
4 1 (7.69%) JavaScript
Vendors
1 3 (23.08%) Microsoft
2 2 (15.38%) Oracle