Period
to 24 January 2020

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 24 January 2020 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
24 Jan 2020
Same period 2019 Same period 2018
Rank 181 229 199
Rank change year-on-year +48 -30 +12
Contract jobs citing Reuters 17 28 50
As % of all contract IT jobs advertised in the City of London 0.34% 0.41% 0.70%
As % of the Vendors category 0.88% 1.08% 1.84%
Number of daily rates quoted 10 20 40
City of London median daily rate £344 £280 £395
Median daily rate % change year-on-year +22.77% -29.11% -39.23%
10th Percentile £175 £123 £217
90th Percentile £688 £575 £650
Central London median daily rate £375 £306 £400
% change year-on-year +22.45% -23.44% -38.46%
Number of hourly rates quoted 0 2 0
City of London median hourly rate - £25.00 -
Central London median hourly rate £19.47 £22.93 £30.00
% change year-on-year -15.11% -23.57% +103.74%

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 1,938 2,599 2,722
As % of all contract IT jobs advertised in the City of London 39.31% 38.00% 38.16%
Number of daily rates quoted 1,457 1,912 2,084
City of London median daily rate £488 £475 £483
Median daily rate % change year-on-year +2.63% -1.55% +7.22%
10th Percentile £243 £225 £275
90th Percentile £653 £650 £675
Central London median daily rate £475 £485 £475
% change year-on-year -2.06% +2.11% +5.56%
Number of hourly rates quoted 34 55 58
City of London median hourly rate £20.00 £18.70 £17.50
Median hourly rate % change year-on-year +6.95% +6.86% -7.89%
10th Percentile £12.15 £13.00 £11.12
90th Percentile £31.50 £27.25 £30.83
Central London median hourly rate £20.00 £18.70 £19.50
% change year-on-year +6.95% -4.10% +5.69%

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 24 January 2020.

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

Reuters
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Reuters within the City of London region over the 6 months to 24 January 2020. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Moorgate - 1 £238 -
Reuters
Central London

For the 6 months to 24 January 2020, 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 15 (88.24%) Finance
2 14 (82.35%) Bloomberg
3 9 (52.94%) Windows
4 5 (29.41%) Front Office
4 5 (29.41%) ITIL
4 5 (29.41%) Office 365
5 4 (23.53%) Banking
5 4 (23.53%) Windows 10
5 4 (23.53%) FactSet
6 3 (17.65%) Apple
6 3 (17.65%) Microsoft
6 3 (17.65%) Java
6 3 (17.65%) SQL
6 3 (17.65%) Microsoft Office
6 3 (17.65%) Degree
6 3 (17.65%) Windows 7
7 2 (11.76%) .NET Framework
7 2 (11.76%) Scala
7 2 (11.76%) Straight-Through Processing
7 2 (11.76%) Open Source
7 2 (11.76%) Clojure
7 2 (11.76%) Apple iOS
7 2 (11.76%) JSON
7 2 (11.76%) Mathematics
7 2 (11.76%) Physics
7 2 (11.76%) Computer Science
7 2 (11.76%) Smartphone
7 2 (11.76%) ISTQB
7 2 (11.76%) PowerShell
7 2 (11.76%) YAML

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 1 (5.88%) IBM HTTP Server
Applications
1 3 (17.65%) Microsoft Office
2 1 (5.88%) Microsoft Excel
Cloud Services
1 5 (29.41%) Office 365
2 1 (5.88%) AWS
2 1 (5.88%) Azure
2 1 (5.88%) Power Platform
Communications & Networking
1 2 (11.76%) Firewall
2 1 (5.88%) Cisco IOS
2 1 (5.88%) DNS
2 1 (5.88%) PBX
2 1 (5.88%) SAN
2 1 (5.88%) VPN
Database & Business Intelligence
1 2 (11.76%) SQL Server
2 1 (5.88%) Data Warehouse
2 1 (5.88%) PostgreSQL
2 1 (5.88%) Power BI
2 1 (5.88%) SQL Server 2012
2 1 (5.88%) SQL Server Analysis Services
2 1 (5.88%) SQL Server Integration Services
2 1 (5.88%) SQL Server Reporting Services
Development Applications
1 1 (5.88%) RStudio
General
1 15 (88.24%) Finance
2 5 (29.41%) Front Office
3 4 (23.53%) Banking
4 2 (11.76%) Investment Banking
4 2 (11.76%) Law
5 1 (5.88%) Back Office
5 1 (5.88%) Financial Institution
5 1 (5.88%) International Banking
Job Titles
1 6 (35.29%) Desktop Engineer
2 4 (23.53%) Desktop Support
2 4 (23.53%) Support Engineer
3 3 (17.65%) Desktop Support Engineer
3 3 (17.65%) Developer
4 2 (11.76%) Software Developer
4 2 (11.76%) Test Leader
5 1 (5.88%) 2nd Line Desktop Support
5 1 (5.88%) 2nd Line Desktop Support Engineer
5 1 (5.88%) 2nd Line Engineer
5 1 (5.88%) 2nd Line Support Engineer
5 1 (5.88%) 3rd Line Infrastructure Support
5 1 (5.88%) Data Engineer
5 1 (5.88%) Data Scientist
5 1 (5.88%) Infrastructure Support
5 1 (5.88%) IT Engineer
5 1 (5.88%) IT Support
5 1 (5.88%) Java Engineer
5 1 (5.88%) SSRS Developer
5 1 (5.88%) Windows Engineer
Libraries, Frameworks & Software Standards
1 2 (11.76%) .NET
1 2 (11.76%) .NET Framework
1 2 (11.76%) JSON
1 2 (11.76%) Spring
1 2 (11.76%) Spring Boot
1 2 (11.76%) Web Services
1 2 (11.76%) XML
1 2 (11.76%) YAML
2 1 (5.88%) SAML
Miscellaneous
1 2 (11.76%) Analytical Skills
1 2 (11.76%) Blackberry
1 2 (11.76%) BYOD
1 2 (11.76%) Fixed Income
1 2 (11.76%) Foreign Exchange (FX)
1 2 (11.76%) Smartphone
2 1 (5.88%) Replication
2 1 (5.88%) Video Conferencing
Operating Systems
1 9 (52.94%) Windows
2 4 (23.53%) Windows 10
3 3 (17.65%) Windows 7
4 2 (11.76%) Android
4 2 (11.76%) Apple iOS
4 2 (11.76%) Mac OS X
4 2 (11.76%) Windows Server
5 1 (5.88%) Windows Server 2012
Processes & Methodologies
1 5 (29.41%) ITIL
2 2 (11.76%) Agile Software Development
2 2 (11.76%) Break/Fix
2 2 (11.76%) Computer Science
2 2 (11.76%) Data Science
2 2 (11.76%) ITSM
2 2 (11.76%) Mathematics
2 2 (11.76%) Microservices
2 2 (11.76%) Open Source
2 2 (11.76%) Physics
2 2 (11.76%) Project Management
2 2 (11.76%) Software Engineering
2 2 (11.76%) Stakeholder Management
2 2 (11.76%) Straight-Through Processing
3 1 (5.88%) Continuous Improvement
3 1 (5.88%) Fintech
3 1 (5.88%) High Availability
3 1 (5.88%) Patch Management
3 1 (5.88%) Project Delivery
3 1 (5.88%) User Acceptance Testing
Programming Languages
1 3 (17.65%) Java
1 3 (17.65%) SQL
2 2 (11.76%) C#
2 2 (11.76%) Clojure
2 2 (11.76%) Kotlin
2 2 (11.76%) PowerShell
2 2 (11.76%) Python
2 2 (11.76%) Scala
3 1 (5.88%) R
3 1 (5.88%) T-SQL
3 1 (5.88%) VBA
Qualifications
1 3 (17.65%) Degree
2 2 (11.76%) ISEB
2 2 (11.76%) ISTQB
2 2 (11.76%) ITIL Certification
System Software
1 2 (11.76%) Active Directory
Systems Management
1 1 (5.88%) Single Sign-On
Vendors
1 14 (82.35%) Bloomberg
2 4 (23.53%) FactSet
3 3 (17.65%) Apple
3 3 (17.65%) Microsoft
4 2 (11.76%) Cisco
4 2 (11.76%) Citrix
4 2 (11.76%) Fidessa
4 2 (11.76%) Wyse
5 1 (5.88%) Avaya
5 1 (5.88%) CheckPoint
5 1 (5.88%) Cognos
5 1 (5.88%) VMware