Period
to 17 January 2018

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 17 January 2018 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
17 Jan 2018
Same period 2017 Same period 2016
Rank 195 208 190
Rank change year-on-year +13 -18 +43
Contract jobs citing Reuters 51 25 52
As % of all contract IT jobs advertised in the City of London 0.72% 0.40% 0.74%
As % of the Vendors category 1.90% 0.92% 1.80%
Number of daily rates quoted 40 15 33
City of London median daily rate £390 £650 £288
Median daily rate % change year-on-year -40.00% +126.09% -20.69%
10th Percentile £217 £199 £160
90th Percentile £650 £728 £575
Central London median daily rate £390 £650 £281
% change year-on-year -40.00% +131.11% -25.00%
Number of hourly rates quoted 0 1 1
City of London median hourly rate - £11.00 £17.15
Median hourly rate % change year-on-year - -35.86% -
Central London median hourly rate £30.00 £14.73 £17.15
% change year-on-year +103.74% -14.14% -

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 2,690 2,704 2,890
As % of all contract IT jobs advertised in the City of London 38.09% 43.22% 40.86%
Number of daily rates quoted 2,047 2,032 2,169
City of London median daily rate £485 £450 £430
Median daily rate % change year-on-year +7.78% +4.65% +1.18%
10th Percentile £285 £300 £250
90th Percentile £675 £631 £625
Central London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 54 41 40
City of London median hourly rate £18.00 £21.75 £17.75
Median hourly rate % change year-on-year -17.24% +22.54% -0.64%
10th Percentile £11.25 £12.50 £12.00
90th Percentile £31.00 £55.00 £30.00
Central London median hourly rate £18.70 £19.00 £18.00
% change year-on-year -1.58% +5.56% +2.13%

Reuters
Job Vacancy Trend in the City of London

Job postings citing Reuters as a percentage 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

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Reuters in the City of London.

Contractor daily rate trend for Reuters in the City of London

Reuters
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Reuters in the City of London over the 6 months to 17 January 2018.

Contractor daily rate histogram for Reuters in the City of London

Reuters
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 Reuters in the City of London.

Contractor hourly rate trend for Reuters in the City of London

For the 6 months to 17 January 2018, IT contractor jobs citing Reuters 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 Reuters.

1 47 (92.16%) Bloomberg
2 35 (68.63%) Finance
3 27 (52.94%) Windows
4 23 (45.10%) Banking
5 20 (39.22%) Front Office
6 16 (31.37%) Microsoft Office
7 14 (27.45%) Foreign Exchange (FX)
8 12 (23.53%) Windows Server
9 11 (21.57%) Investment Banking
9 11 (21.57%) Windows 7
9 11 (21.57%) Microsoft
9 11 (21.57%) SQL
10 9 (17.65%) Java
11 8 (15.69%) ITIL
11 8 (15.69%) Unix
11 8 (15.69%) Linux
11 8 (15.69%) Active Directory
11 8 (15.69%) Citrix
11 8 (15.69%) Spring
11 8 (15.69%) Kondor
12 7 (13.73%) Windows 10
12 7 (13.73%) Microsoft Excel
12 7 (13.73%) Risk Management
13 6 (11.76%) Agile Software Development
13 6 (11.76%) SQL Server
13 6 (11.76%) SCCM
14 5 (9.80%) Electronic Trading
14 5 (9.80%) Git (software)
14 5 (9.80%) Degree
14 5 (9.80%) JIRA

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 4 (7.84%) MS Exchange
2 1 (1.96%) MQSeries
Applications
1 16 (31.37%) Microsoft Office
2 7 (13.73%) Microsoft Excel
Business Applications
1 8 (15.69%) Kondor
2 3 (5.88%) Eikon
2 3 (5.88%) RMDS
3 2 (3.92%) BusinessWorks
Cloud Services
1 4 (7.84%) Office 365
Communications & Networking
1 3 (5.88%) VPN
2 2 (3.92%) Network Security
2 2 (3.92%) VoIP
2 2 (3.92%) VSAN
3 1 (1.96%) SNMP
3 1 (1.96%) SSL
Database & Business Intelligence
1 6 (11.76%) SQL Server
2 3 (5.88%) DB2
2 3 (5.88%) Sybase ASE
3 2 (3.92%) Relational Database
4 1 (1.96%) MarkLogic
4 1 (1.96%) MS Access
4 1 (1.96%) NoSQL
4 1 (1.96%) RDBMS
4 1 (1.96%) SQL Server 2008
Development Applications
1 5 (9.80%) Git (software)
1 5 (9.80%) JIRA
2 3 (5.88%) Maven
2 3 (5.88%) Sonatype Nexus
2 3 (5.88%) TeamCity
3 2 (3.92%) JIRA Agile
3 2 (3.92%) Subversion
3 2 (3.92%) Team Foundation Server
4 1 (1.96%) ERwin
General
1 35 (68.63%) Finance
2 23 (45.10%) Banking
3 20 (39.22%) Front Office
4 11 (21.57%) Investment Banking
5 5 (9.80%) Legal
6 4 (7.84%) Financial Institution
7 3 (5.88%) Back Office
7 3 (5.88%) International Banking
8 2 (3.92%) Retail Banking
8 2 (3.92%) Telecoms
9 1 (1.96%) Advertising
Job Titles
1 18 (35.29%) Analyst
2 11 (21.57%) Support Analyst
3 9 (17.65%) Developer
4 5 (9.80%) Kondor Support
5 4 (7.84%) Java Developer
6 3 (5.88%) C# Developer
6 3 (5.88%) Desktop Support
6 3 (5.88%) Front Office Developer
6 3 (5.88%) Java Team Leader
6 3 (5.88%) Senior Analyst
6 3 (5.88%) Service Analyst
6 3 (5.88%) Service Desk Analyst
6 3 (5.88%) Team Leader
6 3 (5.88%) Trade Floor Support Analyst
7 2 (3.92%) 2nd/3rd Line Support
7 2 (3.92%) 2nd/3rd Line Support Analyst
7 2 (3.92%) Banking Analyst
7 2 (3.92%) Front Office C++ Developer
7 2 (3.92%) Integration Developer
7 2 (3.92%) Kondor Developer
Libraries, Frameworks & Software Standards
1 8 (15.69%) Spring
2 5 (9.80%) JMS
3 3 (5.88%) Ajax
3 3 (5.88%) iBATIS
3 3 (5.88%) JSP
3 3 (5.88%) Middleware
3 3 (5.88%) Struts
3 3 (5.88%) XML
4 2 (3.92%) REST
4 2 (3.92%) XSLT
5 1 (1.96%) .NET
5 1 (1.96%) .NET Framework
5 1 (1.96%) Caliburn.Micro
5 1 (1.96%) FIX Protocol
5 1 (1.96%) Rendezvous
5 1 (1.96%) WCF
5 1 (1.96%) WinForms
5 1 (1.96%) WPF
Miscellaneous
1 14 (27.45%) Foreign Exchange (FX)
2 5 (9.80%) Equities
3 4 (7.84%) Analytical Skills
3 4 (7.84%) Fixed Income
4 3 (5.88%) Blackberry
4 3 (5.88%) Management Information System
4 3 (5.88%) User Experience
4 3 (5.88%) Video Conferencing
5 2 (3.92%) Data Centre
5 2 (3.92%) Derivative
5 2 (3.92%) Enterprise Software
5 2 (3.92%) Hedge funds
5 2 (3.92%) iPhone
5 2 (3.92%) Pricing Data
5 2 (3.92%) Reference Data
5 2 (3.92%) SWIFT
6 1 (1.96%) BYOD
6 1 (1.96%) Equity Derivative
6 1 (1.96%) Exotic Derivative
6 1 (1.96%) OTC Derivatives
Operating Systems
1 27 (52.94%) Windows
2 12 (23.53%) Windows Server
3 11 (21.57%) Windows 7
4 8 (15.69%) Linux
4 8 (15.69%) Unix
5 7 (13.73%) Windows 10
6 3 (5.88%) Apple iOS
6 3 (5.88%) Solaris
6 3 (5.88%) Windows 8
6 3 (5.88%) Windows Mobile
6 3 (5.88%) Windows Server 2012
7 1 (1.96%) Windows Server 2008
Processes & Methodologies
1 8 (15.69%) ITIL
2 7 (13.73%) Risk Management
3 6 (11.76%) Agile Software Development
4 5 (9.80%) Critical Success Factor
4 5 (9.80%) Electronic Trading
4 5 (9.80%) Migration
4 5 (9.80%) SDLC
4 5 (9.80%) Stakeholder Management
5 3 (5.88%) Change Management
5 3 (5.88%) Continuous Integration
5 3 (5.88%) ITSM
5 3 (5.88%) Market Making
5 3 (5.88%) OO
5 3 (5.88%) SOA
6 2 (3.92%) Business Intelligence
6 2 (3.92%) Configuration Management
6 2 (3.92%) OOP
6 2 (3.92%) Programme Management
6 2 (3.92%) TDD
6 2 (3.92%) User Acceptance Testing
Programming Languages
1 11 (21.57%) SQL
2 9 (17.65%) Java
3 3 (5.88%) C#
3 3 (5.88%) JavaScript
3 3 (5.88%) Perl
3 3 (5.88%) Shell Script
3 3 (5.88%) VBA
4 2 (3.92%) AWK
4 2 (3.92%) C++
5 1 (1.96%) Bash Shell
5 1 (1.96%) Korn
5 1 (1.96%) PL/SQL
5 1 (1.96%) PowerShell
5 1 (1.96%) Python
Qualifications
1 5 (9.80%) Degree
2 4 (7.84%) MCSE
2 4 (7.84%) Microsoft Certification
3 3 (5.88%) MCDST
4 1 (1.96%) HP ASE
4 1 (1.96%) MCSA
Quality Assurance & Compliance
1 5 (9.80%) SLA
2 3 (5.88%) MiFID
2 3 (5.88%) QA
3 1 (1.96%) PMO
System Software
1 8 (15.69%) Active Directory
2 3 (5.88%) Virtual Desktop
3 1 (1.96%) Microsoft App-V
Systems Management
1 6 (11.76%) SCCM
2 1 (1.96%) DameWare
2 1 (1.96%) OpenView
2 1 (1.96%) Thomson Reuters DACS
2 1 (1.96%) Tivoli
Vendors
1 47 (92.16%) Bloomberg
2 11 (21.57%) Microsoft
3 8 (15.69%) Citrix
4 5 (9.80%) Oracle
4 5 (9.80%) VMware
5 4 (7.84%) Currenex
5 4 (7.84%) FXall
5 4 (7.84%) IBM
6 3 (5.88%) F5
6 3 (5.88%) FactSet
6 3 (5.88%) ION Trading
6 3 (5.88%) Murex
6 3 (5.88%) Remedy
6 3 (5.88%) Sybase
6 3 (5.88%) TIBCO
6 3 (5.88%) Wyse
7 2 (3.92%) Avaya
7 2 (3.92%) CQG
7 2 (3.92%) Fidessa
7 2 (3.92%) Misys