Period
to

The table below provides summary statistics for contract job vacancies advertised in the City of London with a requirement for knowledge and experience of Reuters products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Reuters over the 6 months to 25 June 2022 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 Reuters Group PLC.

Reuters
Central London > City of London
6 months to
25 Jun 2022
Same period 2021 Same period 2020
Rank 180 157 135
Rank change year-on-year -23 -22 +89
Contract jobs citing Reuters 13 7 7
As % of all contract jobs advertised in the City of London 0.31% 0.23% 0.26%
As % of the Vendors category 0.78% 0.67% 0.70%
Number of daily rates quoted 10 7 5
10th Percentile £273 - £143
25th Percentile £286 - £185
Median daily rate (50th Percentile) £350 £340 £275
Median % change year-on-year +2.94% +23.64% -36.23%
75th Percentile £533 £416 £575
90th Percentile £573 £492 £592
Central London median daily rate £350 £340 £275
% change year-on-year +2.94% +23.64% -31.25%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £25.76
Median hourly rate - - £27.18
75th Percentile - - £28.59
90th Percentile - - -
Central London median hourly rate - - £27.18
% change year-on-year - - +43.03%

Reuters is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in the City of London.

All Vendors
City of London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 1,661 1,052 1,007
As % of all contract IT jobs advertised in the City of London 39.28% 34.06% 36.70%
Number of daily rates quoted 1,232 719 704
10th Percentile £308 £357 £263
25th Percentile £462 £425 £400
Median daily rate (50th Percentile) £550 £525 £481
Median % change year-on-year +4.76% +9.09% -3.75%
75th Percentile £675 £616 £575
90th Percentile £750 £703 £663
Central London median daily rate £550 £525 £475
% change year-on-year +4.76% +10.53% -5.00%
Number of hourly rates quoted 16 17 17
10th Percentile £13.88 £8.00 £12.42
25th Percentile £16.31 £11.50 £12.50
Median hourly rate £26.50 £14.25 £18.70
Median % change year-on-year +85.96% -23.80% -10.95%
75th Percentile £44.78 £25.18 £28.59
90th Percentile £50.88 £27.55 £45.32
Central London median hourly rate £26.50 £14.47 £19.35
% change year-on-year +83.20% -25.25% -4.44%

Reuters
Job Vacancy Trend in the City of London

Job postings citing Reuters as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Reuters in the City of London

Reuters
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Reuters in the City of London.

Daily rate trend for Reuters in the City of London

Reuters
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Reuters in the City of London over the 6 months to 25 June 2022.

Daily rate histogram for Reuters in the City of London

Reuters
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Reuters in the City of London.

Hourly rate trend for Reuters in the City of London

For the 6 months to 25 June 2022, IT contractor jobs citing Reuters also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Reuters.

1 12 (92.31%) Bloomberg
2 9 (69.23%) Finance
3 8 (61.54%) Banking
4 7 (53.85%) Windows
4 7 (53.85%) Active Directory
5 6 (46.15%) Service Delivery
5 6 (46.15%) Altiris
5 6 (46.15%) Financial Institution
5 6 (46.15%) Windows 10
6 5 (38.46%) Microsoft 365
6 5 (38.46%) Windows 7
6 5 (38.46%) Front Office
6 5 (38.46%) Blackberry
7 4 (30.77%) Microsoft
7 4 (30.77%) Legal
7 4 (30.77%) Social Skills
8 3 (23.08%) Break/Fix
8 3 (23.08%) Problem-Solving
8 3 (23.08%) GDPR
8 3 (23.08%) Data Protection
8 3 (23.08%) iPad
8 3 (23.08%) Hedge funds
8 3 (23.08%) Skype for Business
8 3 (23.08%) Exchange Server 2010
8 3 (23.08%) BYOD
8 3 (23.08%) ServiceNow
8 3 (23.08%) Service Management
8 3 (23.08%) VMware
8 3 (23.08%) Microsoft App-V
8 3 (23.08%) Ivanti

Reuters
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 3 (23.08%) Exchange Server 2010
1 3 (23.08%) MS Exchange
1 3 (23.08%) Skype for Business
Applications
1 2 (15.38%) Microsoft Office
Business Applications
1 1 (7.69%) Oracle Cash Management
Cloud Services
1 5 (38.46%) Microsoft 365
2 1 (7.69%) Azure
Communications & Networking
1 2 (15.38%) Wireless
2 1 (7.69%) Firewall
2 1 (7.69%) Internet
2 1 (7.69%) Multicast
Development Applications
1 1 (7.69%) Team Foundation Server
General
1 9 (69.23%) Finance
2 8 (61.54%) Banking
3 6 (46.15%) Financial Institution
4 5 (38.46%) Front Office
5 4 (30.77%) Legal
5 4 (30.77%) Social Skills
6 1 (7.69%) Analytical Skills
6 1 (7.69%) International Banking
6 1 (7.69%) Investment Banking
6 1 (7.69%) Presentation Skills
6 1 (7.69%) Public Sector
Job Titles
1 5 (38.46%) Analyst
1 5 (38.46%) Support Analyst
2 3 (23.08%) Desktop Support
2 3 (23.08%) Support Engineer
2 3 (23.08%) Trade Floor Support Analyst
3 2 (15.38%) Applications Engineer
3 2 (15.38%) Desktop Analyst
3 2 (15.38%) Desktop Support Analyst
3 2 (15.38%) Microsoft 365 Engineer
4 1 (7.69%) Applications Support
4 1 (7.69%) Applications Support Engineer
4 1 (7.69%) Developer
4 1 (7.69%) Informatica Developer
4 1 (7.69%) Oracle Developer
4 1 (7.69%) Senior Applications Engineer
4 1 (7.69%) Service Desk Manager
4 1 (7.69%) Service Manager
4 1 (7.69%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (15.38%) FIX Protocol
2 1 (7.69%) Rendezvous
Miscellaneous
1 5 (38.46%) Blackberry
2 3 (23.08%) BYOD
2 3 (23.08%) Hedge funds
2 3 (23.08%) iPad
2 3 (23.08%) iPhone
3 2 (15.38%) Foreign Exchange (FX)
3 2 (15.38%) Management Information System
4 1 (7.69%) Data Centre
Operating Systems
1 7 (53.85%) Windows
2 6 (46.15%) Windows 10
3 5 (38.46%) Windows 7
4 3 (23.08%) Android
5 2 (15.38%) Windows Server
5 2 (15.38%) Windows Server 2012
6 1 (7.69%) Linux
6 1 (7.69%) Red Hat Enterprise Linux
Processes & Methodologies
1 6 (46.15%) Service Delivery
2 3 (23.08%) Break/Fix
2 3 (23.08%) Data Protection
2 3 (23.08%) Problem-Solving
2 3 (23.08%) Service Management
3 2 (15.38%) Electronic Trading
3 2 (15.38%) ITSM
3 2 (15.38%) Project Management
4 1 (7.69%) Capacity Management
4 1 (7.69%) Change Management
4 1 (7.69%) Configuration Management
4 1 (7.69%) Continuous Improvement
4 1 (7.69%) DevOps
4 1 (7.69%) IT Strategy
4 1 (7.69%) Low Latency
4 1 (7.69%) Market Making
4 1 (7.69%) Migration
4 1 (7.69%) Mobile Device Management
4 1 (7.69%) Test Strategy
4 1 (7.69%) User Acceptance Testing
Programming Languages
1 3 (23.08%) PowerShell
2 2 (15.38%) SQL
3 1 (7.69%) Python
Qualifications
1 1 (7.69%) SC Cleared
1 1 (7.69%) Security Cleared
Quality Assurance & Compliance
1 3 (23.08%) GDPR
1 3 (23.08%) SLA
System Software
1 7 (53.85%) Active Directory
2 3 (23.08%) Microsoft App-V
2 3 (23.08%) VMware Infrastructure
3 2 (15.38%) VMware ESXi
3 2 (15.38%) vSphere
4 1 (7.69%) Virtual Machines
Systems Management
1 2 (15.38%) McAfee ePO
1 2 (15.38%) NetBackup
1 2 (15.38%) Norton AntiVirus
1 2 (15.38%) SCCM
1 2 (15.38%) Symantec Enterprise Vault
1 2 (15.38%) vCenter Server
1 2 (15.38%) WSUS
2 1 (7.69%) ITRS Geneos
Vendors
1 12 (92.31%) Bloomberg
2 6 (46.15%) Altiris
3 4 (30.77%) Microsoft
4 3 (23.08%) Apple
4 3 (23.08%) Cisco
4 3 (23.08%) Citrix
4 3 (23.08%) HP
4 3 (23.08%) Ivanti
4 3 (23.08%) ServiceNow
4 3 (23.08%) VMware
5 2 (15.38%) McAfee
5 2 (15.38%) Oracle
5 2 (15.38%) RightFax
5 2 (15.38%) Symantec
6 1 (7.69%) Azul
6 1 (7.69%) Currenex
6 1 (7.69%) Dell
6 1 (7.69%) Informatica
6 1 (7.69%) Red Hat
6 1 (7.69%) TIBCO