Period
to 27 July 2017

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 27 July 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
Central London > City of London
6 months to
27 Jul 2017
Same period 2016 Same period 2015
Rank 203 205 250
Rank change year-on-year +2 +45 -4
Contract jobs citing Reuters 35 27 54
As % of all contract IT jobs advertised in the City of London 0.54% 0.40% 0.47%
As % of the Vendors category 1.39% 0.96% 1.12%
Number of daily rates quoted 27 23 45
City of London median daily rate £475 £378 £260
Median daily rate % change year-on-year +25.83% +45.19% -25.71%
10th Percentile £268 £195 £204
90th Percentile £593 £860 £672
Central London median daily rate £475 £378 £260
% change year-on-year +25.83% +45.19% -30.67%
Number of hourly rates quoted 1 0 0
City of London median hourly rate £21.40 - -
Central London median hourly rate £25.70 - -

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 2519 2801 4838
As % of all contract IT job vacancies advertised in the City of London 38.96% 41.09% 42.55%
Number of daily rates quoted 1838 2151 3564
City of London median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £271 £288 £250
90th Percentile £650 £638 £625
Central London median daily rate £475 £450 £425
% change year-on-year +5.56% +5.88% -
Number of hourly rates quoted 39 32 110
City of London median hourly rate £16.92 £19.00 £17.68
Median hourly rate % change year-on-year -10.97% +7.45% -12.68%
10th Percentile £12.52 £11.25 £10.00
90th Percentile £34.99 £34.73 £32.20
Central London median hourly rate £16.92 £19.00 £17.50
% change year-on-year -10.96% +8.57% -7.89%

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 27 July 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 27 July 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 23 (65.71%) Bloomberg
2 20 (57.14%) Finance
3 15 (42.86%) Front Office
4 11 (31.43%) Banking
4 11 (31.43%) Windows
5 9 (25.71%) Microsoft Office
6 8 (22.86%) SQL
7 7 (20.00%) Java
7 7 (20.00%) Data Modelling
7 7 (20.00%) Data Analytics
7 7 (20.00%) Analytics
8 6 (17.14%) R
8 6 (17.14%) REST
8 6 (17.14%) Collateral Management
8 6 (17.14%) Legal
8 6 (17.14%) TDD
8 6 (17.14%) Spring
8 6 (17.14%) User Acceptance Testing
8 6 (17.14%) SOA
8 6 (17.14%) Microsoft Excel
8 6 (17.14%) C
8 6 (17.14%) VB
8 6 (17.14%) VBA
8 6 (17.14%) Calypso
9 5 (14.29%) Project Management
9 5 (14.29%) Unix
9 5 (14.29%) Business Intelligence
9 5 (14.29%) Windows 7
10 4 (11.43%) Hedge funds
10 4 (11.43%) Event-Driven Architecture

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 (2.86%) SAS
Applications
1 9 (25.71%) Microsoft Office
2 6 (17.14%) Microsoft Excel
3 2 (5.71%) Microsoft Project
3 2 (5.71%) MS Visio
Business Applications
1 4 (11.43%) Eikon
2 2 (5.71%) RMDS
Cloud Services
1 1 (2.86%) Amazon AWS
1 1 (2.86%) Cloud Computing
Communications & Networking
1 3 (8.57%) TCP/IP
2 2 (5.71%) NAS
2 2 (5.71%) SAN
2 2 (5.71%) VPN
3 1 (2.86%) DNS
3 1 (2.86%) Intranet
3 1 (2.86%) LAN
3 1 (2.86%) Remote Desktop
3 1 (2.86%) WAN
Database & Business Intelligence
1 3 (8.57%) SQL Server
2 2 (5.71%) Relational Database
3 1 (2.86%) Big Data
3 1 (2.86%) Hadoop
3 1 (2.86%) MarkLogic
3 1 (2.86%) MS Access
3 1 (2.86%) NoSQL
3 1 (2.86%) RDBMS
3 1 (2.86%) SQL Server 2008
Development Applications
1 2 (5.71%) Git (software)
1 2 (5.71%) Jenkins
1 2 (5.71%) JUnit
1 2 (5.71%) TeamCity
2 1 (2.86%) ERwin
General
1 20 (57.14%) Finance
2 15 (42.86%) Front Office
3 11 (31.43%) Banking
4 6 (17.14%) Legal
5 3 (8.57%) Financial Institution
6 2 (5.71%) Investment Banking
6 2 (5.71%) Mandarin Language
7 1 (2.86%) Advertising
7 1 (2.86%) General Ledger
7 1 (2.86%) International Banking
7 1 (2.86%) Law
7 1 (2.86%) Marketing
7 1 (2.86%) Retail
Job Titles
1 11 (31.43%) Analyst
2 7 (20.00%) Data Modeller
2 7 (20.00%) Developer
3 6 (17.14%) Data Analyst
3 6 (17.14%) Java Developer
4 4 (11.43%) Integration Developer
5 3 (8.57%) Project Manager
5 3 (8.57%) Support Analyst
6 2 (5.71%) Architect
6 2 (5.71%) Implementation Specialist
6 2 (5.71%) IT Manager
6 2 (5.71%) Security Specialist
6 2 (5.71%) Solutions Architect
7 1 (2.86%) Business Manager
7 1 (2.86%) Business Project Manager
7 1 (2.86%) Desktop Analyst
7 1 (2.86%) Lead Architect
7 1 (2.86%) Market Data Analyst
7 1 (2.86%) Migration Project Manager
7 1 (2.86%) Senior Developer
Libraries, Frameworks & Software Standards
1 6 (17.14%) REST
1 6 (17.14%) Spring
2 3 (8.57%) JSON
3 2 (5.71%) Akka
3 2 (5.71%) FIX Protocol
3 2 (5.71%) Hibernate
3 2 (5.71%) Spring Boot
3 2 (5.71%) Zuul
4 1 (2.86%) .NET
4 1 (2.86%) .NET Framework
4 1 (2.86%) Caliburn.Micro
4 1 (2.86%) CSS
4 1 (2.86%) Flash
4 1 (2.86%) HTML
4 1 (2.86%) JMS
4 1 (2.86%) Protocol Buffers
4 1 (2.86%) WCF
4 1 (2.86%) Web Services
4 1 (2.86%) WinForms
4 1 (2.86%) WPF
Miscellaneous
1 4 (11.43%) Analytical Skills
1 4 (11.43%) Enterprise Software
1 4 (11.43%) Equities
1 4 (11.43%) Hedge funds
2 3 (8.57%) Blackberry
2 3 (8.57%) Fixed Income
2 3 (8.57%) Foreign Exchange (FX)
3 2 (5.71%) iPad
4 1 (2.86%) Data Centre
4 1 (2.86%) Derivative
4 1 (2.86%) Equity Derivative
4 1 (2.86%) Exotic Derivative
4 1 (2.86%) N-Tier
Operating Systems
1 11 (31.43%) Windows
2 5 (14.29%) Unix
2 5 (14.29%) Windows 7
3 4 (11.43%) Windows Server
4 3 (8.57%) Linux
5 2 (5.71%) Windows 8
6 1 (2.86%) AIX
6 1 (2.86%) Red Hat Enterprise Linux
6 1 (2.86%) Solaris
6 1 (2.86%) Windows 10
Processes & Methodologies
1 7 (20.00%) Analytics
1 7 (20.00%) Data Analytics
1 7 (20.00%) Data Modelling
2 6 (17.14%) Collateral Management
2 6 (17.14%) SOA
2 6 (17.14%) TDD
2 6 (17.14%) User Acceptance Testing
3 5 (14.29%) Business Intelligence
3 5 (14.29%) Project Management
4 4 (11.43%) Event-Driven Architecture
5 3 (8.57%) Agile Software Development
5 3 (8.57%) Electronic Trading
5 3 (8.57%) OO
5 3 (8.57%) Practice Management
5 3 (8.57%) Stakeholder Engagement
6 2 (5.71%) Incident Management
6 2 (5.71%) Stakeholder Management
6 2 (5.71%) Test Automation
6 2 (5.71%) Unit Testing
6 2 (5.71%) Workflow
Programming Languages
1 8 (22.86%) SQL
2 7 (20.00%) Java
3 6 (17.14%) C
3 6 (17.14%) R
3 6 (17.14%) VB
3 6 (17.14%) VBA
4 3 (8.57%) PowerShell
5 1 (2.86%) C#
5 1 (2.86%) JavaScript
Qualifications
1 1 (2.86%) Degree
Quality Assurance & Compliance
1 4 (11.43%) MiFID
System Software
1 3 (8.57%) Active Directory
2 1 (2.86%) Oracle RAC
2 1 (2.86%) VMware Infrastructure
Systems Management
1 1 (2.86%) SCCM
1 1 (2.86%) vCenter Server
Vendors
1 23 (65.71%) Bloomberg
2 6 (17.14%) Calypso
3 4 (11.43%) CQG
3 4 (11.43%) HP
3 4 (11.43%) VMware
4 3 (8.57%) Citrix
4 3 (8.57%) FactSet
4 3 (8.57%) Fidessa
4 3 (8.57%) FXall
4 3 (8.57%) IBM
5 2 (5.71%) Apple
5 2 (5.71%) Microsoft
5 2 (5.71%) Oracle
6 1 (2.86%) Cisco
6 1 (2.86%) Informatica
6 1 (2.86%) Murex
6 1 (2.86%) NetApp
6 1 (2.86%) Red Hat
6 1 (2.86%) Salesforce.com
6 1 (2.86%) Symantec
City, London
Hays Finance Technology
Rate: £300.00 - £375.00 per day
Posted: 2 days ago