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 3 months to 26 April 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 Reuters Group PLC.

Reuters
London / City of London
3 months to
26 Apr 2017
Same period 2016 Same period 2015
Rank 147 144 168
Rank change year-on-year -3 +24  
Contract jobs citing Reuters 13 14 31
As % of all contract IT jobs advertised in the City of London 0.41% 0.40% 0.57%
As % of the Vendors category 1.05% 1.02% 1.36%
Number of daily rates quoted 10 13 26
Median daily rate £388 £375 £305
Median daily rate % change year-on-year +3.33% +22.95%  
90% offered a daily rate of more than £185 £244 £220
10% offered a daily rate of more than £755 £525 £645
UK excluding London median daily rate £249 £500 £124
% change year-on-year -50.25% +303.22%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Reuters 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 1234 1374 2273
As % of all contract IT job vacancies advertised in the City of London 38.53% 39.56% 41.98%
Number of daily rates quoted 888 1057 1654
Median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.55% +5.88%  
90% offered a daily rate of more than £250 £295 £250
10% offered a daily rate of more than £625 £600 £590
UK excluding London median daily rate £400 £385 £375
% change year-on-year +3.89% +2.66%  
Number of hourly rates quoted 17 17 46
Median hourly rate £22.34 £19.00 £17.50
Median hourly rate % change year-on-year +17.55% +8.57%  
90% offered a hourly rate of more than £13.50 £19.00 £12.75
10% offered a hourly rate of more than £30.50 £30.00 £25.00
UK excluding London median hourly rate £16.50 £19.00 £17.50
% change year-on-year -13.15% +8.57%  

Reuters
Job Vacancy Trend in the City of London

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

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 3 months to 26 April 2017.

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 26 April 2017, 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 15 (60.00%) Bloomberg
2 10 (40.00%) Windows
2 10 (40.00%) Finance
3 7 (28.00%) Unix
3 7 (28.00%) Linux
4 6 (24.00%) Microsoft Office
4 6 (24.00%) Java
4 6 (24.00%) Front Office
4 6 (24.00%) VMware
5 5 (20.00%) Electronic Trading
5 5 (20.00%) VMware Infrastructure
5 5 (20.00%) Oracle
5 5 (20.00%) SQL Server
5 5 (20.00%) Active Directory
5 5 (20.00%) HP
5 5 (20.00%) Citrix
6 4 (16.00%) Solaris
6 4 (16.00%) Blackberry
6 4 (16.00%) Project Management
6 4 (16.00%) SQL
6 4 (16.00%) Banking
6 4 (16.00%) MiFID
6 4 (16.00%) Legal
6 4 (16.00%) Windows 7
6 4 (16.00%) High Availability
6 4 (16.00%) Analytical Skills
7 3 (12.00%) Performance Monitoring
7 3 (12.00%) Low Latency
7 3 (12.00%) Hadoop
7 3 (12.00%) REST

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 (4.00%) SAS
1 1 (4.00%) SharePoint
Applications
1 6 (24.00%) Microsoft Office
2 2 (8.00%) Microsoft Project
2 2 (8.00%) MS Visio
Business Applications
1 2 (8.00%) RMDS
2 1 (4.00%) Sophis RISQUE
Cloud Services
1 3 (12.00%) Amazon AWS
2 2 (8.00%) Cloud Computing
Communications & Networking
1 3 (12.00%) VPN
2 2 (8.00%) 3G
2 2 (8.00%) DNS
2 2 (8.00%) HTTP
2 2 (8.00%) Remote Desktop
2 2 (8.00%) SSL
2 2 (8.00%) TCP/IP
3 1 (4.00%) Firewall
3 1 (4.00%) Multicast
3 1 (4.00%) NAS
3 1 (4.00%) SAN
3 1 (4.00%) tcpdump
Database & Business Intelligence
1 5 (20.00%) SQL Server
2 3 (12.00%) Hadoop
3 2 (8.00%) Big Data
4 1 (4.00%) SQL Server 2005
4 1 (4.00%) SQL Server 2008
4 1 (4.00%) SQL Server Integration Services
Development Applications
1 3 (12.00%) JUnit
2 1 (4.00%) Git (software)
2 1 (4.00%) Jenkins
2 1 (4.00%) TeamCity
General
1 10 (40.00%) Finance
2 6 (24.00%) Front Office
3 4 (16.00%) Banking
3 4 (16.00%) Legal
4 3 (12.00%) Mandarin Language
5 2 (8.00%) Financial Institution
6 1 (4.00%) Advertising
6 1 (4.00%) Investment Banking
6 1 (4.00%) Marketing
Job Titles
1 5 (20.00%) Architect
1 5 (20.00%) Developer
1 5 (20.00%) Java Developer
1 5 (20.00%) Solutions Architect
2 3 (12.00%) Analyst
2 3 (12.00%) Desktop Support
3 2 (8.00%) Consultant
3 2 (8.00%) Desktop Support Consultant
3 2 (8.00%) Electronic Trading Developer
3 2 (8.00%) Electronic Trading Java Developer
3 2 (8.00%) Implementation Specialist
3 2 (8.00%) Infrastructure Architect
3 2 (8.00%) Infrastructure Solutions Architect
3 2 (8.00%) Integration Developer
3 2 (8.00%) MiFID Architect
3 2 (8.00%) Security Specialist
3 2 (8.00%) Senior Developer
3 2 (8.00%) Senior Java Developer
3 2 (8.00%) Support Consultant
4 1 (4.00%) Lead Solutions Architect
Libraries, Frameworks & Software Standards
1 3 (12.00%) FIX Protocol
1 3 (12.00%) REST
1 3 (12.00%) Spring
2 2 (8.00%) Rendezvous
3 1 (4.00%) Akka
3 1 (4.00%) CSS
3 1 (4.00%) Flash
3 1 (4.00%) Hibernate
3 1 (4.00%) HTML
3 1 (4.00%) JSON
3 1 (4.00%) Spring Boot
3 1 (4.00%) Zuul
Miscellaneous
1 4 (16.00%) Analytical Skills
1 4 (16.00%) Blackberry
2 3 (12.00%) Derivative
2 3 (12.00%) Foreign Exchange (FX)
3 2 (8.00%) Credit Derivative
3 2 (8.00%) Data Centre
3 2 (8.00%) Enterprise Software
3 2 (8.00%) Fixed Income
3 2 (8.00%) Hedge funds
3 2 (8.00%) iPad
4 1 (4.00%) Equities
4 1 (4.00%) Equity Derivative
4 1 (4.00%) Replication
4 1 (4.00%) User Experience
Operating Systems
1 10 (40.00%) Windows
2 7 (28.00%) Linux
2 7 (28.00%) Unix
3 4 (16.00%) Solaris
3 4 (16.00%) Windows 7
4 3 (12.00%) AIX
4 3 (12.00%) Windows Server
5 2 (8.00%) Red Hat Enterprise Linux
5 2 (8.00%) Windows 8
Processes & Methodologies
1 5 (20.00%) Electronic Trading
2 4 (16.00%) High Availability
2 4 (16.00%) Project Management
3 3 (12.00%) E-Commerce
3 3 (12.00%) Low Latency
3 3 (12.00%) Performance Monitoring
3 3 (12.00%) SOA
3 3 (12.00%) TDD
4 2 (8.00%) Business Intelligence
4 2 (8.00%) Event-Driven Architecture
4 2 (8.00%) Incident Management
4 2 (8.00%) Multithreading
4 2 (8.00%) OO
4 2 (8.00%) Practice Management
4 2 (8.00%) Stakeholder Engagement
4 2 (8.00%) Stakeholder Management
4 2 (8.00%) Workflow
5 1 (4.00%) Business Transformation
5 1 (4.00%) Functional Testing
5 1 (4.00%) Non-Functional Testing
Programming Languages
1 6 (24.00%) Java
2 4 (16.00%) SQL
3 2 (8.00%) PowerShell
4 1 (4.00%) Bash Shell
4 1 (4.00%) C++
4 1 (4.00%) JavaScript
4 1 (4.00%) Perl
Qualifications
1 1 (4.00%) Degree
Quality Assurance & Compliance
1 4 (16.00%) MiFID
2 1 (4.00%) SLA
System Software
1 5 (20.00%) Active Directory
1 5 (20.00%) VMware Infrastructure
2 3 (12.00%) Oracle RAC
3 2 (8.00%) Virtual Desktop
Systems Management
1 2 (8.00%) DameWare
2 1 (4.00%) ITRS Geneos
2 1 (4.00%) Thomson Reuters DACS
2 1 (4.00%) vCenter Server
Vendors
1 15 (60.00%) Bloomberg
2 6 (24.00%) VMware
3 5 (20.00%) Citrix
3 5 (20.00%) HP
3 5 (20.00%) Oracle
4 3 (12.00%) Dell
4 3 (12.00%) Hortonworks
4 3 (12.00%) IBM
4 3 (12.00%) Microsoft
5 2 (8.00%) Altiris
5 2 (8.00%) Apple
5 2 (8.00%) FXall
5 2 (8.00%) GoldenSource
5 2 (8.00%) Red Hat
5 2 (8.00%) TIBCO
6 1 (4.00%) Juniper
6 1 (4.00%) LANDesk
6 1 (4.00%) Mitel
6 1 (4.00%) Salesforce.com
6 1 (4.00%) Sophis
City, London
Experis Ltd
Rate: £350.00 - £380.00 per day
Posted: 6 days ago