Period
to 17 November 2017

The median contractor rate for a Technical Specialist was £550 per day in advertised job vacancies in the City of London during the 6 months to 17 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Technical Specialist
Central London > City of London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 236 242 272
Rank change year-on-year +6 +30 +20
Contract jobs requiring a Technical Specialist 15 4 9
As % of all contract IT jobs advertised in the City of London 0.21% 0.059% 0.097%
As % of the Job Titles category 0.22% 0.062% 0.10%
Number of daily rates quoted 7 3 8
City of London median daily rate £550 £475 £508
Median daily rate % change year-on-year +15.79% -6.40% +26.09%
10th Percentile £468 £243 £313
90th Percentile £600 £498 £656
Central London median daily rate £550 £343 £508
% change year-on-year +60.58% -32.51% +25.31%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6729 6429 8864
% of contract IT jobs with a recognized job title 94.52% 95.57% 95.28%
Number of daily rates quoted 5318 5109 6969
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £270
90th Percentile £675 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 79 129
City of London median hourly rate £17.00 £17.25 £18.00
Median hourly rate % change year-on-year -1.45% -4.17% +5.88%
10th Percentile £11.25 £11.45 £10.40
90th Percentile £29.29 £47.83 £37.35
Central London median hourly rate £18.05 £17.08 £18.00
% change year-on-year +5.66% -5.10% +10.23%

Technical Specialist
Job Vacancy Trend in the City of London

Job postings that featured Technical Specialist in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Technical Specialist in the City of London

Technical Specialist
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 Technical Specialist in the City of London.

Contractor daily rate trend for Technical Specialist in the City of London

Technical Specialist
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Technical Specialist in the City of London over the 6 months to 17 November 2017.

Contractor daily rate histogram for Technical Specialist in the City of London

Technical Specialist
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 Technical Specialist in the City of London.

Contractor hourly rate trend for Technical Specialist in the City of London

Technical Specialist Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 17 November 2017, Technical Specialist contract jobs required the following IT 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 featuring Technical Specialist in the job title.

1 8 (53.33%) Derivative
1 8 (53.33%) FIX Protocol
2 7 (46.67%) Finance
2 7 (46.67%) Java
2 7 (46.67%) Unix
2 7 (46.67%) Linux
3 6 (40.00%) Banking
4 5 (33.33%) Requirements Analysis
4 5 (33.33%) Front Office
4 5 (33.33%) C++
4 5 (33.33%) Fidessa
5 4 (26.67%) SQL
5 4 (26.67%) Oracle
5 4 (26.67%) XML
6 3 (20.00%) AIX
6 3 (20.00%) SQL Server
6 3 (20.00%) Python
6 3 (20.00%) TCP/IP
6 3 (20.00%) RDBMS
6 3 (20.00%) SOAP
6 3 (20.00%) Electronic Trading
6 3 (20.00%) Microsoft Azure
6 3 (20.00%) Amazon AWS
6 3 (20.00%) Back Office
6 3 (20.00%) VMware
6 3 (20.00%) Fixed Income
6 3 (20.00%) QA
6 3 (20.00%) Relational Database
6 3 (20.00%) API Integration
6 3 (20.00%) Client Onboarding

Technical Specialist Skill Set
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 2 (13.33%) WebLogic
2 1 (6.67%) Apache
2 1 (6.67%) Apache Spark
2 1 (6.67%) Tomcat
Cloud Services
1 3 (20.00%) Amazon AWS
1 3 (20.00%) Microsoft Azure
2 1 (6.67%) Cloud Computing
Communications & Networking
1 3 (20.00%) TCP/IP
2 2 (13.33%) HTTP
3 1 (6.67%) Firewall
3 1 (6.67%) Internet
3 1 (6.67%) SSL
Database & Business Intelligence
1 3 (20.00%) RDBMS
1 3 (20.00%) Relational Database
1 3 (20.00%) SQL Server
2 1 (6.67%) Apache Hive
2 1 (6.67%) Big Data
2 1 (6.67%) Hadoop
2 1 (6.67%) HBase
2 1 (6.67%) Pentaho
General
1 7 (46.67%) Finance
2 6 (40.00%) Banking
3 5 (33.33%) Front Office
4 3 (20.00%) Back Office
5 1 (6.67%) Advertising
5 1 (6.67%) Spanish Language
5 1 (6.67%) Telecoms
Libraries, Frameworks & Software Standards
1 8 (53.33%) FIX Protocol
2 4 (26.67%) XML
3 3 (20.00%) SOAP
4 2 (13.33%) HTML
4 2 (13.33%) Middleware
5 1 (6.67%) AngularJS
5 1 (6.67%) HTML5
5 1 (6.67%) Lucene
5 1 (6.67%) React
Miscellaneous
1 8 (53.33%) Derivative
2 3 (20.00%) Fixed Income
3 2 (13.33%) CMDB
4 1 (6.67%) Analytical Skills
4 1 (6.67%) Computer Science
4 1 (6.67%) Data Centre
4 1 (6.67%) DataPower
4 1 (6.67%) Mainframe
4 1 (6.67%) Mobile App
Operating Systems
1 7 (46.67%) Linux
1 7 (46.67%) Unix
2 3 (20.00%) AIX
3 2 (13.33%) Red Hat Enterprise Linux
3 2 (13.33%) Windows
3 2 (13.33%) Windows Server
4 1 (6.67%) Android
4 1 (6.67%) Apple iOS
4 1 (6.67%) HPUX
4 1 (6.67%) Solaris
Processes & Methodologies
1 5 (33.33%) Requirements Analysis
2 3 (20.00%) API Integration
2 3 (20.00%) Client Onboarding
2 3 (20.00%) Electronic Trading
3 2 (13.33%) ITIL
3 2 (13.33%) ITSM
3 2 (13.33%) Performance Management
3 2 (13.33%) Process Improvement
3 2 (13.33%) SDLC
3 2 (13.33%) Service Management
4 1 (6.67%) Agile Software Development
4 1 (6.67%) Android Development
4 1 (6.67%) iOS Development
4 1 (6.67%) Load Balancing
4 1 (6.67%) MapReduce
4 1 (6.67%) Mobile Application Development
4 1 (6.67%) Performance Testing
4 1 (6.67%) TDD
4 1 (6.67%) Technical Architecture
4 1 (6.67%) Test Automation
Programming Languages
1 7 (46.67%) Java
2 5 (33.33%) C++
3 4 (26.67%) SQL
4 3 (20.00%) Python
5 2 (13.33%) JavaScript
5 2 (13.33%) Korn
5 2 (13.33%) Perl
Qualifications
1 1 (6.67%) Computer Science Degree
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 3 (20.00%) QA
2 1 (6.67%) Sarbanes-Oxley
2 1 (6.67%) SLA
System Software
1 2 (13.33%) KVM
1 2 (13.33%) RHEV
Systems Management
1 2 (13.33%) BMC PATROL
1 2 (13.33%) Tivoli Storage Manager
2 1 (6.67%) Apache Slider
Vendors
1 5 (33.33%) Fidessa
2 4 (26.67%) Oracle
3 3 (20.00%) VMware
4 2 (13.33%) BMC
4 2 (13.33%) ServiceNow
5 1 (6.67%) Cloudera
5 1 (6.67%) CyberArk