The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of RedGate products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited RedGate over the 3 months to 27 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.

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

3 months to
27 Mar 2017
Same period 2016 Same period 2015
RedGate
London / City of London
Rank - - 193
Contract jobs citing RedGate 0 0 1
As % of all contract IT jobs advertised in the City of London - - 0.019%
As % of the Vendors category - - 0.046%
Number of daily rates quoted 0 0 1
Median daily rate - - £510
UK excluding London median daily rate £303 £381 £400
% change year-on-year -20.65% -4.68%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

RedGate 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 1188 1335 2195
As % of all contract IT job vacancies advertised in the City of London 39.40% 40.14% 42.44%
Number of daily rates quoted 876 1004 1593
Median daily rate £470 £450 £425
Median daily rate % change year-on-year +4.44% +5.88%  
90% offered a daily rate of more than £288 £283 £250
10% offered a daily rate of more than £625 £600 £588
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 16 17 46
Median hourly rate £14.15 £19.50 £18.70
Median hourly rate % change year-on-year -27.46% +4.27%  
90% offered a hourly rate of more than £12.19 £11.00 £13.47
10% offered a hourly rate of more than £22.34 £43.57 £25.00
UK excluding London median hourly rate £16.38 £19.00 £17.00
% change year-on-year -13.81% +11.76%  

RedGate
Job Vacancy Trend in the City of London

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

Job vacancy trend for RedGate in the City of London

RedGate
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 RedGate in the City of London.

Contractor daily rate trend for RedGate in the City of London