Period
to 1 April 2020

The table below looks at the prevalence of the term Virtual Team in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Virtual Team over the 6 months to 1 April 2020 with a comparison to the same period over 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.

Virtual Team (including Distributed Team, Remote Team, Dispersed Team)
Central London > City of London
6 months to
1 Apr 2020
Same period 2019 Same period 2018
Rank 151 230 207
Rank change year-on-year +79 -23 -14
Contract jobs citing Virtual Team 29 27 48
As % of all contract jobs advertised in the City of London 0.69% 0.40% 0.68%
As % of the Miscellaneous category 1.98% 1.06% 1.65%
Number of daily rates quoted 21 22 34
Median daily rate £525 £481 £588
Median daily rate % change year-on-year +9.09% -18.09% +23.68%
10th Percentile £356 £131 £463
90th Percentile £650 £668 £650
Central London median daily rate £525 £550 £588
% change year-on-year -4.55% -6.38% +17.50%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £69.17
Central London median hourly rate - - £69.17

Virtual Team is in the Generic IT Skills 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 generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,461 2,545 2,911
As % of all contract IT jobs advertised in the City of London 34.62% 37.71% 40.94%
Number of daily rates quoted 1,058 1,870 2,276
Median daily rate £525 £525 £525
10th Percentile £280 £300 £313
90th Percentile £700 £688 £725
Central London median daily rate £510 £525 £520
% change year-on-year -2.86% +0.96% +5.05%
Number of hourly rates quoted 49 41 53
Median hourly rate £25.00 £18.70 £21.50
Median hourly rate % change year-on-year +33.69% -13.02% +13.16%
10th Percentile £12.42 £13.31 £12.65
90th Percentile £52.25 £37.50 £48.45
Median hourly rate £26.44 £19.63 £21.50
% change year-on-year +34.73% -8.72% +13.16%

Virtual Team
Job Vacancy Trend in the City of London

Job postings citing Virtual Team as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Virtual Team in the City of London

Virtual Team
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Virtual Team in the City of London.

Daily rate trend for Virtual Team in the City of London

Virtual Team
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Virtual Team in the City of London over the 6 months to 1 April 2020.

Daily rate histogram for Virtual Team in the City of London

Virtual Team
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Virtual Team in the City of London.

Hourly rate trend for Virtual Team in the City of London

For the 6 months to 1 April 2020, IT contractor jobs citing Virtual Team 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 Virtual Team.

1 16 (55.17%) Agile Software Development
2 8 (27.59%) Linux
2 8 (27.59%) Docker
2 8 (27.59%) DevOps
2 8 (27.59%) Kubernetes
3 7 (24.14%) Finance
3 7 (24.14%) Infrastructure as Code
4 6 (20.69%) Banking
4 6 (20.69%) Analytical Skills
4 6 (20.69%) AWS
5 5 (17.24%) Microservices
5 5 (17.24%) Front End Development
5 5 (17.24%) JavaScript
5 5 (17.24%) Virtual Team Management
5 5 (17.24%) Problem-Solving
5 5 (17.24%) Greenfield Project
6 4 (13.79%) Fintech
6 4 (13.79%) Windows
6 4 (13.79%) Scrum
6 4 (13.79%) Analytics
6 4 (13.79%) Degree
7 3 (10.34%) Investment Banking
7 3 (10.34%) Use Case
7 3 (10.34%) Credit Risk
7 3 (10.34%) Node.js
7 3 (10.34%) Stakeholder Management
7 3 (10.34%) Functional Programming
7 3 (10.34%) TDD
7 3 (10.34%) Informatica
7 3 (10.34%) Project Management

Virtual Team
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 (3.45%) Confluence
1 1 (3.45%) IIS
Applications
1 1 (3.45%) Microsoft Office
1 1 (3.45%) Microsoft Project
1 1 (3.45%) MS Visio
1 1 (3.45%) Open Workbench
Cloud Services
1 6 (20.69%) AWS
2 2 (6.90%) Azure
3 1 (3.45%) GitHub
3 1 (3.45%) Salesforce Service Cloud
Communications & Networking
1 1 (3.45%) LAN
1 1 (3.45%) WAN
1 1 (3.45%) Wi-Fi
Database & Business Intelligence
1 2 (6.90%) BusinessObjects
2 1 (3.45%) Oracle Reports
2 1 (3.45%) SAP HANA
Development Applications
1 1 (3.45%) JIRA
1 1 (3.45%) NUnit
1 1 (3.45%) Selenium
1 1 (3.45%) Team Foundation Server
1 1 (3.45%) Zephyr
General
1 7 (24.14%) Finance
2 6 (20.69%) Banking
3 3 (10.34%) Investment Banking
4 2 (6.90%) Legal
4 2 (6.90%) Retail Banking
4 2 (6.90%) Telecoms
5 1 (3.45%) Private Banking
Job Titles
1 8 (27.59%) Developer
2 7 (24.14%) DevOps Engineer
3 6 (20.69%) Front End Developer (Client-Side Developer)
4 2 (6.90%) AWS DevOps
4 2 (6.90%) AWS DevOps Engineer
4 2 (6.90%) AWS Engineer
4 2 (6.90%) Lead Developer
4 2 (6.90%) Operations Engineer
5 1 (3.45%) Administrator
5 1 (3.45%) C# Software Engineer
5 1 (3.45%) Credit Analyst
5 1 (3.45%) Credit Risk Analyst
5 1 (3.45%) Credit Risk Business Analyst
5 1 (3.45%) Deployment Engineer
5 1 (3.45%) Infrastructure Engineer
5 1 (3.45%) Network Infrastructure Engineer
5 1 (3.45%) Report Developer
5 1 (3.45%) Risk Analyst
5 1 (3.45%) Scrum Master
5 1 (3.45%) Strategy Consultant
Libraries, Frameworks & Software Standards
1 3 (10.34%) Node.js
1 3 (10.34%) Redux
2 2 (6.90%) AngularJS
2 2 (6.90%) CSS
2 2 (6.90%) GraphQL
2 2 (6.90%) HTML
2 2 (6.90%) React
3 1 (3.45%) .NET
3 1 (3.45%) BAPI
3 1 (3.45%) EDI
3 1 (3.45%) Entity Framework
3 1 (3.45%) Express
3 1 (3.45%) HTML5
3 1 (3.45%) jQuery
3 1 (3.45%) Lambda Expressions
3 1 (3.45%) SAP ALE
3 1 (3.45%) Twitter Bootstrap
3 1 (3.45%) WCF
3 1 (3.45%) Web Services
3 1 (3.45%) WPF
Miscellaneous
1 6 (20.69%) Analytical Skills
2 5 (17.24%) Greenfield Project
3 3 (10.34%) Credit Risk
4 2 (6.90%) Mobile App
5 1 (3.45%) Cloud Native
5 1 (3.45%) Data Centre
5 1 (3.45%) Fixed Income
5 1 (3.45%) Management Information System
5 1 (3.45%) PMI
5 1 (3.45%) W3C
Operating Systems
1 8 (27.59%) Linux
2 4 (13.79%) Windows
3 2 (6.90%) Android
3 2 (6.90%) Unix
Processes & Methodologies
1 16 (55.17%) Agile Software Development
2 8 (27.59%) DevOps
3 7 (24.14%) Infrastructure as Code
4 5 (17.24%) Front End Development
4 5 (17.24%) Microservices
4 5 (17.24%) Problem-Solving
4 5 (17.24%) Virtual Team Management
5 4 (13.79%) Analytics
5 4 (13.79%) Fintech
5 4 (13.79%) Scrum
6 3 (10.34%) Functional Programming
6 3 (10.34%) OOD
6 3 (10.34%) Project Management
6 3 (10.34%) Stakeholder Management
6 3 (10.34%) TDD
6 3 (10.34%) Use Case
7 2 (6.90%) Fraud Detection
7 2 (6.90%) Mathematics
7 2 (6.90%) Matrix Management
7 2 (6.90%) Project Delivery
Programming Languages
1 5 (17.24%) JavaScript
2 3 (10.34%) SQL
3 2 (6.90%) C#
3 2 (6.90%) PL/SQL
3 2 (6.90%) Shell Script
4 1 (3.45%) PowerShell
4 1 (3.45%) TypeScript
Qualifications
1 4 (13.79%) Degree
2 1 (3.45%) ISTQB
2 1 (3.45%) PMI Certification
2 1 (3.45%) Security Cleared
Quality Assurance & Compliance
1 2 (6.90%) QA
2 1 (3.45%) WCAG
System Software
1 8 (27.59%) Docker
Systems Management
1 8 (27.59%) Kubernetes
2 1 (3.45%) ITRS Geneos
2 1 (3.45%) Terraform
Vendors
1 3 (10.34%) Informatica
2 2 (6.90%) Cognos
2 2 (6.90%) Oracle
3 1 (3.45%) Atlassian
3 1 (3.45%) Microsoft
3 1 (3.45%) Salesforce.com
3 1 (3.45%) SAP