Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Velocity skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Velocity over the 6 months to 24 November 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.

Apache Velocity
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 233 224 258
Rank change year-on-year -9 +34 +37
Contract jobs citing Velocity 8 16 13
As % of all contract IT jobs advertised in the City of London 0.11% 0.24% 0.14%
As % of the Libraries, Frameworks & Software Standards category 0.30% 0.67% 0.46%
Number of daily rates quoted 6 15 10
City of London median daily rate £650 £475 £400
Median daily rate % change year-on-year +36.84% +18.75% -3.61%
10th Percentile £432 £371 £308
90th Percentile £700 £675 £589
Central London median daily rate £488 £450 £400
% change year-on-year +8.33% +12.50% -3.61%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Velocity is in the Software Libraries and Frameworks category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for technical specification, industry standards, software libraries and framework skills.

All Software Libraries and Frameworks
City of London
Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 2704 2392 2820
As % of all contract IT jobs advertised in the City of London 37.81% 35.88% 31.03%
Number of daily rates quoted 2277 2021 2329
City of London median daily rate £513 £475 £475
Median daily rate % change year-on-year +7.89% - +5.56%
10th Percentile £363 £325 £313
90th Percentile £675 £650 £638
Central London median daily rate £500 £475 £463
% change year-on-year +5.26% +2.70% +8.82%
Number of hourly rates quoted 10 4 14
City of London median hourly rate £22.99 £35.00 £38.75
Median hourly rate % change year-on-year -34.31% -9.68% +29.17%
10th Percentile £20.28 £19.00 £12.40
90th Percentile £33.75 £56.31 £66.25
Central London median hourly rate £21.50 £35.00 £38.75
% change year-on-year -38.57% -9.68% +29.17%

Velocity
Job Vacancy Trend in the City of London

Job postings citing Velocity as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Velocity in the City of London

Velocity
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 Velocity in the City of London.

Contractor daily rate trend for Velocity in the City of London

Velocity
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Velocity in the City of London over the 6 months to 24 November 2017.

Contractor daily rate histogram for Velocity in the City of London

For the 6 months to 24 November 2017, IT contractor jobs citing Velocity 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 Velocity.

1 5 (62.50%) Scrum
1 5 (62.50%) Agile Software Development
2 3 (37.50%) jQuery
2 3 (37.50%) CSS
2 3 (37.50%) JIRA
2 3 (37.50%) HTML
2 3 (37.50%) Java
2 3 (37.50%) JavaScript
2 3 (37.50%) Continuous Improvement
2 3 (37.50%) AngularJS
3 2 (25.00%) User Experience
3 2 (25.00%) Amazon AWS
3 2 (25.00%) HTML5
3 2 (25.00%) Software Delivery
3 2 (25.00%) Git (software)
3 2 (25.00%) DevOps
3 2 (25.00%) E-Commerce
3 2 (25.00%) Banking
3 2 (25.00%) Web Services
3 2 (25.00%) Front Office
3 2 (25.00%) Finance
3 2 (25.00%) Continuous Integration
3 2 (25.00%) RESTful
4 1 (12.50%) Scala
4 1 (12.50%) CouchDB
4 1 (12.50%) Visualforce
4 1 (12.50%) Apex Code
4 1 (12.50%) Microsoft Azure
4 1 (12.50%) Electronic Trading
4 1 (12.50%) Kanban

Velocity
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 (12.50%) Cloud Foundry
1 1 (12.50%) Confluence
1 1 (12.50%) Tomcat
Cloud Services
1 2 (25.00%) Amazon AWS
2 1 (12.50%) Amazon SQS
2 1 (12.50%) CloudBees
2 1 (12.50%) GitHub
2 1 (12.50%) IaaS
2 1 (12.50%) Microsoft Azure
2 1 (12.50%) OpenShift
2 1 (12.50%) PaaS
Database & Business Intelligence
1 1 (12.50%) Apache Cassandra
1 1 (12.50%) CouchDB
1 1 (12.50%) MongoDB
1 1 (12.50%) Relational Database
1 1 (12.50%) SQL Server
Development Applications
1 3 (37.50%) JIRA
2 2 (25.00%) Git (software)
3 1 (12.50%) Atlassian Bamboo
3 1 (12.50%) CircleCI
3 1 (12.50%) Eclipse
3 1 (12.50%) Hudson
3 1 (12.50%) Jenkins
3 1 (12.50%) Maven
3 1 (12.50%) Subversion
General
1 2 (25.00%) Banking
1 2 (25.00%) Finance
1 2 (25.00%) Front Office
2 1 (12.50%) Investment Banking
2 1 (12.50%) Retail Banking
Job Titles
1 4 (50.00%) Scrum Master
2 1 (12.50%) Agile Scrum Master
2 1 (12.50%) Developer
2 1 (12.50%) E-Commerce Scrum Master
2 1 (12.50%) Head of Security
2 1 (12.50%) Salesforce Developer
Libraries, Frameworks & Software Standards
1 3 (37.50%) AngularJS
1 3 (37.50%) CSS
1 3 (37.50%) HTML
1 3 (37.50%) jQuery
2 2 (25.00%) HTML5
2 2 (25.00%) RESTful
2 2 (25.00%) Web Services
3 1 (12.50%) Browserify
3 1 (12.50%) Dojo
3 1 (12.50%) Modernizr
3 1 (12.50%) Node.js
3 1 (12.50%) PhoneGap
3 1 (12.50%) Polymer
3 1 (12.50%) React
3 1 (12.50%) RequireJS
3 1 (12.50%) Spring
3 1 (12.50%) Spring Boot
3 1 (12.50%) Spring Integration
3 1 (12.50%) Twitter Bootstrap
3 1 (12.50%) Visualforce
Miscellaneous
1 2 (25.00%) User Experience
2 1 (12.50%) Equities
2 1 (12.50%) Foreign Exchange (FX)
2 1 (12.50%) Mobile App
2 1 (12.50%) Virtual Team
Processes & Methodologies
1 5 (62.50%) Agile Software Development
1 5 (62.50%) Scrum
2 3 (37.50%) Continuous Improvement
3 2 (25.00%) Continuous Integration
3 2 (25.00%) DevOps
3 2 (25.00%) E-Commerce
3 2 (25.00%) Software Delivery
4 1 (12.50%) Electronic Trading
4 1 (12.50%) Kanban
4 1 (12.50%) Load Balancing
4 1 (12.50%) Pair Programming
4 1 (12.50%) Problem Management
4 1 (12.50%) Project Management
4 1 (12.50%) Requirements Analysis
4 1 (12.50%) SOA
4 1 (12.50%) Software Engineering
4 1 (12.50%) TDD
4 1 (12.50%) Test Automation
4 1 (12.50%) Wealth Management
4 1 (12.50%) Web Development
Programming Languages
1 3 (37.50%) Java
1 3 (37.50%) JavaScript
2 1 (12.50%) Apex Code
2 1 (12.50%) C#
2 1 (12.50%) Erlang
2 1 (12.50%) F#
2 1 (12.50%) Objective-C
2 1 (12.50%) PHP
2 1 (12.50%) PL/SQL
2 1 (12.50%) Python
2 1 (12.50%) Ruby
2 1 (12.50%) Scala
2 1 (12.50%) SOQL
2 1 (12.50%) SOSL
2 1 (12.50%) SQL
Qualifications
1 1 (12.50%) DV Cleared
1 1 (12.50%) SC Cleared
1 1 (12.50%) Security Cleared
Quality Assurance & Compliance
1 1 (12.50%) GAAP
1 1 (12.50%) PMO
1 1 (12.50%) QA
System Software
1 1 (12.50%) Docker
Systems Management
1 1 (12.50%) Terraform
Vendors
1 1 (12.50%) Atlassian
1 1 (12.50%) CA Agile Central
1 1 (12.50%) F5
1 1 (12.50%) Google
1 1 (12.50%) Oracle
1 1 (12.50%) Progress
1 1 (12.50%) Salesforce.com