Period
to 12 August 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 12 August 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
12 Aug 2020
Same period 2019 Same period 2018
Rank 123 218 216
Rank change year-on-year +95 -2 -8
Contract jobs citing Reuters 4 23 43
As % of all contract jobs advertised in the City of London 0.18% 0.36% 0.62%
As % of the Vendors category 0.47% 0.91% 1.62%
Number of daily rates quoted 3 19 29
Median daily rate £550 £400 £430
Median daily rate % change year-on-year +37.50% -6.98% +9.55%
10th Percentile £253 £210 £241
90th Percentile £597 £595 £653
Central London median daily rate £550 £388 £380
% change year-on-year +41.94% +1.97% -3.18%
Number of hourly rates quoted 0 1 2
Median hourly rate - £22.93 £23.50
Median hourly rate % change year-on-year - -2.43% +9.81%
Central London median hourly rate - £19.47 £30.00
% change year-on-year - -35.12% +16.73%

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 843 2,518 2,652
As % of all contract IT jobs advertised in the City of London 38.92% 38.87% 37.99%
Number of daily rates quoted 544 1,920 1,952
Median daily rate £500 £500 £491
Median daily rate % change year-on-year - +1.78% +3.42%
10th Percentile £313 £281 £269
90th Percentile £667 £650 £675
Central London median daily rate £500 £500 £496
% change year-on-year - +0.86% +4.37%
Number of hourly rates quoted 15 61 73
Median hourly rate £26.44 £21.00 £19.25
Median hourly rate % change year-on-year +25.90% +9.09% +13.24%
10th Percentile £12.55 £11.25 £13.50
90th Percentile £66.35 £55.50 £29.10
Median hourly rate £32.51 £20.83 £19.50
% change year-on-year +56.08% +6.82% +14.71%

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 12 August 2020.

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 12 August 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 4 (100.00%) Bloomberg
1 4 (100.00%) Finance
2 2 (50.00%) Microsoft Office
2 2 (50.00%) Windows
2 2 (50.00%) Microsoft
2 2 (50.00%) Active Directory
2 2 (50.00%) SCCM
2 2 (50.00%) MongoDB
2 2 (50.00%) Windows 10
2 2 (50.00%) Financial Institution
3 1 (25.00%) Data Science
3 1 (25.00%) Shiny
3 1 (25.00%) R
3 1 (25.00%) Vulnerability Management
3 1 (25.00%) Office 365
3 1 (25.00%) Risk Analytics
3 1 (25.00%) Analytics
3 1 (25.00%) User Experience
3 1 (25.00%) RStudio
3 1 (25.00%) Azure Active Directory
3 1 (25.00%) Malware Detection/Protection
3 1 (25.00%) Patch Management
3 1 (25.00%) VMware Infrastructure
3 1 (25.00%) Azure
3 1 (25.00%) VMware ESXi
3 1 (25.00%) Banking
3 1 (25.00%) Investment Banking
3 1 (25.00%) Application Packaging
3 1 (25.00%) Fidessa
3 1 (25.00%) VMware

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:

Applications
1 2 (50.00%) Microsoft Office
Cloud Services
1 1 (25.00%) Azure
1 1 (25.00%) Azure Active Directory
1 1 (25.00%) Office 365
Database & Business Intelligence
1 2 (50.00%) MongoDB
Development Applications
1 1 (25.00%) RStudio
General
1 4 (100.00%) Finance
2 2 (50.00%) Financial Institution
3 1 (25.00%) Banking
3 1 (25.00%) Investment Banking
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Desktop Analyst
1 2 (50.00%) Desktop Support
1 2 (50.00%) Desktop Support Analyst
1 2 (50.00%) Support Analyst
2 1 (25.00%) 2nd Line Desktop Support
2 1 (25.00%) 2nd Line Desktop Support Analyst
2 1 (25.00%) 2nd Line Support
2 1 (25.00%) 2nd Line Support Analyst
2 1 (25.00%) Data Scientist
2 1 (25.00%) Developer
2 1 (25.00%) Junior
2 1 (25.00%) Junior Developer
2 1 (25.00%) Junior Quantitative Developer
2 1 (25.00%) Quantitative Developer
2 1 (25.00%) R Developer
Libraries, Frameworks & Software Standards
1 1 (25.00%) Shiny
Miscellaneous
1 1 (25.00%) Fixed Income
1 1 (25.00%) User Experience
Operating Systems
1 2 (50.00%) Windows
1 2 (50.00%) Windows 10
Processes & Methodologies
1 1 (25.00%) Analytics
1 1 (25.00%) Application Packaging
1 1 (25.00%) Data Science
1 1 (25.00%) Information Security
1 1 (25.00%) Malware Detection/Protection
1 1 (25.00%) Patch Management
1 1 (25.00%) Risk Analytics
1 1 (25.00%) Vulnerability Management
Programming Languages
1 1 (25.00%) R
System Software
1 2 (50.00%) Active Directory
2 1 (25.00%) VMware ESXi
2 1 (25.00%) VMware Infrastructure
Systems Management
1 2 (50.00%) SCCM
Vendors
1 4 (100.00%) Bloomberg
2 2 (50.00%) Microsoft
3 1 (25.00%) Fidessa
3 1 (25.00%) VMware