Period
to 11 December 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 11 December 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
11 Dec 2018
Same period 2017 Same period 2016
Rank 225 196 206
Rank change year-on-year -29 +10 +7
Contract jobs citing Reuters 31 62 31
As % of all contract IT jobs advertised in the City of London 0.43% 0.86% 0.48%
As % of the Vendors category 1.13% 2.25% 1.10%
Number of daily rates quoted 22 51 18
City of London median daily rate £294 £475 £500
Median daily rate % change year-on-year -38.16% -5.00% +94.17%
10th Percentile £123 £250 £185
90th Percentile £575 £645 £675
Central London median daily rate £313 £475 £550
% change year-on-year -34.21% -13.64% +111.54%
Number of hourly rates quoted 1 0 1
City of London median hourly rate £17.50 - £11.00
Central London median hourly rate £22.93 £30.00 £14.73
% change year-on-year -23.57% +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 2,739 2,756 2,809
As % of all contract IT jobs advertised in the City of London 38.37% 38.35% 43.10%
Number of daily rates quoted 2,054 2,082 2,093
City of London median daily rate £478 £488 £450
Median daily rate % change year-on-year -2.05% +8.33% +2.86%
10th Percentile £225 £263 £275
90th Percentile £650 £675 £638
Central London median daily rate £485 £475 £450
% change year-on-year +2.11% +5.56% +4.96%
Number of hourly rates quoted 70 56 46
City of London median hourly rate £18.70 £17.00 £19.00
Median hourly rate % change year-on-year +10.00% -10.53% +9.67%
10th Percentile £13.00 £11.25 £11.50
90th Percentile £25.50 £30.88 £55.00
Central London median hourly rate £18.70 £18.00 £18.45
% change year-on-year +3.89% -2.44% +5.43%

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 11 December 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 11 December 2018, 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 29 (93.55%) Bloomberg
2 15 (48.39%) Finance
2 15 (48.39%) Windows
3 11 (35.48%) Front Office
4 9 (29.03%) Banking
4 9 (29.03%) Microsoft
5 7 (22.58%) Active Directory
6 6 (19.35%) ITIL
7 5 (16.13%) Microsoft Excel
7 5 (16.13%) Eikon
7 5 (16.13%) FactSet
8 4 (12.90%) Office 365
8 4 (12.90%) Windows 10
8 4 (12.90%) Microsoft Office
8 4 (12.90%) Asset Management
9 3 (9.68%) Fixed Income
9 3 (9.68%) Equities
9 3 (9.68%) VBA
9 3 (9.68%) SQL
9 3 (9.68%) MS Exchange
9 3 (9.68%) ITIL Certification
9 3 (9.68%) Analytics
9 3 (9.68%) SCCM
9 3 (9.68%) Investment Management
9 3 (9.68%) Windows 7
10 2 (6.45%) Trayport
10 2 (6.45%) WinDbg
10 2 (6.45%) Security Cleared
10 2 (6.45%) PowerShell
10 2 (6.45%) Investment Banking

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 3 (9.68%) MS Exchange
2 1 (3.23%) Blackberry Enterprise Server
2 1 (3.23%) Skype for Business
Applications
1 5 (16.13%) Microsoft Excel
2 4 (12.90%) Microsoft Office
Business Applications
1 5 (16.13%) Eikon
2 2 (6.45%) thinkFolio
3 1 (3.23%) 3000 Xtra
3 1 (3.23%) BusinessWorks
3 1 (3.23%) Kondor
3 1 (3.23%) RMDS
Cloud Services
1 4 (12.90%) Office 365
2 1 (3.23%) OneDrive
Communications & Networking
1 2 (6.45%) VoIP
2 1 (3.23%) BGP
2 1 (3.23%) Internet
2 1 (3.23%) LAN
2 1 (3.23%) OSPF
2 1 (3.23%) Skype
2 1 (3.23%) WAN
2 1 (3.23%) Wireshark
Database & Business Intelligence
1 2 (6.45%) SQL Server
2 1 (3.23%) KDB
2 1 (3.23%) Kdb+
2 1 (3.23%) Sybase ASE
Development Applications
1 2 (6.45%) WinDbg
2 1 (3.23%) Git (software)
2 1 (3.23%) Hudson
2 1 (3.23%) Maven
2 1 (3.23%) RStudio
2 1 (3.23%) Subversion
General
1 15 (48.39%) Finance
2 11 (35.48%) Front Office
3 9 (29.03%) Banking
4 2 (6.45%) Financial Institution
4 2 (6.45%) Investment Banking
5 1 (3.23%) Back Office
5 1 (3.23%) Marketing
Job Titles
1 12 (38.71%) Desktop Engineer
2 8 (25.81%) Analyst
3 7 (22.58%) Support Engineer
4 4 (12.90%) Desktop Support
4 4 (12.90%) Desktop Support Engineer
4 4 (12.90%) IT Engineer
4 4 (12.90%) Support Analyst
5 3 (9.68%) Applications Support
6 2 (6.45%) 2nd Line Desktop Support
6 2 (6.45%) 2nd Line Engineer
6 2 (6.45%) 2nd Line Support
6 2 (6.45%) 2nd Line Support Engineer
6 2 (6.45%) Applications Support Analyst
6 2 (6.45%) Data Analyst
6 2 (6.45%) Data Manager
6 2 (6.45%) Market Analyst
6 2 (6.45%) Market Data Analyst
6 2 (6.45%) Market Data Manager
6 2 (6.45%) Performance Analyst
6 2 (6.45%) Trade Floor Support Analyst
Libraries, Frameworks & Software Standards
1 1 (3.23%) JMS
1 1 (3.23%) Middleware
1 1 (3.23%) Spring
1 1 (3.23%) XML
1 1 (3.23%) XSLT
Miscellaneous
1 3 (9.68%) Equities
1 3 (9.68%) Fixed Income
2 2 (6.45%) Foreign Exchange (FX)
2 2 (6.45%) Self-Motivation
3 1 (3.23%) Analytical Skills
3 1 (3.23%) Blackberry
3 1 (3.23%) BYOD
3 1 (3.23%) Hedge funds
3 1 (3.23%) Management Information System
3 1 (3.23%) SWIFT
Operating Systems
1 15 (48.39%) Windows
2 4 (12.90%) Windows 10
3 3 (9.68%) Windows 7
4 2 (6.45%) Linux
4 2 (6.45%) Unix
4 2 (6.45%) Windows Server
5 1 (3.23%) Mac OS
5 1 (3.23%) Solaris
5 1 (3.23%) Windows Server 2003
Processes & Methodologies
1 6 (19.35%) ITIL
2 4 (12.90%) Asset Management
3 3 (9.68%) Analytics
3 3 (9.68%) Investment Management
4 2 (6.45%) Contract Negotiation
4 2 (6.45%) Data Strategy
4 2 (6.45%) Disaster Recovery
4 2 (6.45%) Performance Attribution
4 2 (6.45%) Proactive Monitoring
4 2 (6.45%) Problem Management
4 2 (6.45%) Problem-Solving
4 2 (6.45%) Process Improvement
4 2 (6.45%) Risk Management
4 2 (6.45%) Software Deployment
4 2 (6.45%) User Acceptance Testing
5 1 (3.23%) Break/Fix
5 1 (3.23%) Data Science
5 1 (3.23%) Deployment Automation
5 1 (3.23%) Due Diligence
5 1 (3.23%) Service Delivery
Programming Languages
1 3 (9.68%) SQL
1 3 (9.68%) VBA
2 2 (6.45%) PowerShell
2 2 (6.45%) VBScript
3 1 (3.23%) AWK
3 1 (3.23%) C++
3 1 (3.23%) Java
3 1 (3.23%) Perl
3 1 (3.23%) R
3 1 (3.23%) Shell Script
Qualifications
1 3 (9.68%) ITIL Certification
2 2 (6.45%) Security Cleared
3 1 (3.23%) MCSE
3 1 (3.23%) Microsoft Certification
Quality Assurance & Compliance
1 1 (3.23%) Data Quality
1 1 (3.23%) QA
System Software
1 7 (22.58%) Active Directory
2 2 (6.45%) Virtual Desktop
Systems Management
1 3 (9.68%) SCCM
2 2 (6.45%) Perfmon
3 1 (3.23%) Jamf Pro
3 1 (3.23%) Single Sign-On
Vendors
1 29 (93.55%) Bloomberg
2 9 (29.03%) Microsoft
3 5 (16.13%) FactSet
4 2 (6.45%) Charles River
4 2 (6.45%) ServiceNow
4 2 (6.45%) Trayport
5 1 (3.23%) Cisco
5 1 (3.23%) Citrix
5 1 (3.23%) Ivanti
5 1 (3.23%) Misys
5 1 (3.23%) Riverbed
5 1 (3.23%) Speakerbus
5 1 (3.23%) Sybase
5 1 (3.23%) TIBCO
5 1 (3.23%) Wallstreet Suite