Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Waterfall skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Waterfall over the 6 months to 18 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.

Waterfall Model
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 109 120 108
Rank change year-on-year +11 -12 +53
Contract jobs citing Waterfall 153 141 189
As % of all contract IT jobs advertised in the City of London 2.16% 2.10% 2.04%
As % of the Processes & Methodologies category 2.44% 2.40% 2.44%
Number of daily rates quoted 120 114 151
City of London median daily rate £500 £475 £425
Median daily rate % change year-on-year +5.21% +11.82% -10.53%
10th Percentile £375 £363 £285
90th Percentile £650 £638 £638
Central London median daily rate £500 £475 £423
% change year-on-year +5.26% +12.43% -6.11%
Number of hourly rates quoted 0 0 1
City of London median hourly rate - - £24.50
Central London median hourly rate - - £24.50

Waterfall is in the Processes and Methodologies 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 process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6261 5866 7755
As % of all contract IT jobs advertised in the City of London 88.43% 87.42% 83.87%
Number of daily rates quoted 4975 4699 6170
City of London median daily rate £513 £475 £465
Median daily rate % change year-on-year +7.89% +2.15% +3.33%
10th Percentile £325 £313 £288
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £460
% change year-on-year +5.26% +3.26% +3.37%
Number of hourly rates quoted 59 55 74
City of London median hourly rate £20.00 £20.00 £21.00
Median hourly rate % change year-on-year - -4.76% +10.53%
10th Percentile £13.34 £12.15 £10.91
90th Percentile £30.90 £53.05 £40.00
Central London median hourly rate £20.25 £19.00 £20.00
% change year-on-year +6.58% -5.00% +11.14%

Waterfall
Job Vacancy Trend in the City of London

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

Job vacancy trend for Waterfall in the City of London

Waterfall
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 Waterfall in the City of London.

Contractor daily rate trend for Waterfall in the City of London

Waterfall
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Waterfall in the City of London over the 6 months to 18 November 2017.

Contractor daily rate histogram for Waterfall in the City of London

Waterfall
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 Waterfall in the City of London.

Contractor hourly rate trend for Waterfall in the City of London

For the 6 months to 18 November 2017, IT contractor jobs citing Waterfall 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 Waterfall.

1 140 (91.50%) Agile Software Development
2 77 (50.33%) Finance
3 41 (26.80%) Banking
4 40 (26.14%) Stakeholder Management
5 36 (23.53%) SDLC
6 35 (22.88%) Business Analysis
7 34 (22.22%) Project Management
8 31 (20.26%) TDD
9 24 (15.69%) Investment Banking
10 23 (15.03%) Java
11 17 (11.11%) OO
12 16 (10.46%) Front Office
12 16 (10.46%) Degree
12 16 (10.46%) QA
13 14 (9.15%) Billing
13 14 (9.15%) Back Office
13 14 (9.15%) .NET
13 14 (9.15%) PRINCE2
13 14 (9.15%) Test Automation
13 14 (9.15%) DevOps
14 13 (8.50%) Virtual Team
14 13 (8.50%) JavaScript
14 13 (8.50%) C#
14 13 (8.50%) Microsoft
14 13 (8.50%) Scrum
15 12 (7.84%) C++
15 12 (7.84%) SQL Server
15 12 (7.84%) Financial Institution
16 11 (7.19%) SOA
16 11 (7.19%) Apache

Waterfall
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 11 (7.19%) Apache
2 4 (2.61%) CMS
3 3 (1.96%) Confluence
3 3 (1.96%) WebSphere
4 1 (0.65%) Adobe Experience Manager
4 1 (0.65%) BizTalk Server
4 1 (0.65%) FileNet
4 1 (0.65%) IBM Notes
4 1 (0.65%) SAS
4 1 (0.65%) SharePoint
4 1 (0.65%) Skype for Business
4 1 (0.65%) WebLogic
Applications
1 10 (6.54%) MS Visio
2 7 (4.58%) Microsoft Excel
2 7 (4.58%) Microsoft Project
3 4 (2.61%) Microsoft Office
4 3 (1.96%) Microsoft PowerPoint
5 2 (1.31%) OmniGraffle
6 1 (0.65%) Spreadsheet
Business Applications
1 5 (3.27%) Dynamics CRM
2 2 (1.31%) Oracle Cash Management
2 2 (1.31%) Oracle Financials
2 2 (1.31%) Oracle Retail
2 2 (1.31%) PeopleSoft Financials
3 1 (0.65%) HFM
3 1 (0.65%) Oracle General Ledger
3 1 (0.65%) PeopleSoft CRM
3 1 (0.65%) Temenos T24
Cloud Services
1 11 (7.19%) Microsoft Azure
2 3 (1.96%) Force.com
2 3 (1.96%) Salesforce Service Cloud
3 2 (1.31%) Amazon AWS
3 2 (1.31%) IaaS
3 2 (1.31%) Trello
4 1 (0.65%) Office 365
4 1 (0.65%) PaaS
4 1 (0.65%) SaaS
Communications & Networking
1 7 (4.58%) SMS
2 1 (0.65%) Internet
2 1 (0.65%) LAN
2 1 (0.65%) Skype
2 1 (0.65%) VLAN
Database & Business Intelligence
1 12 (7.84%) SQL Server
2 11 (7.19%) Flink
3 9 (5.88%) SQL Server 2012
3 9 (5.88%) SQL Server 2014
3 9 (5.88%) SQL Server 2016
4 8 (5.23%) Data Warehouse
5 6 (3.92%) MarkLogic
5 6 (3.92%) NoSQL
5 6 (3.92%) Relational Database
6 5 (3.27%) MySQL
7 2 (1.31%) SQL Server Integration Services
8 1 (0.65%) Azure SQL Data Warehouse
8 1 (0.65%) Azure SQL Database
8 1 (0.65%) Big Data
8 1 (0.65%) DataStage
8 1 (0.65%) Hadoop
8 1 (0.65%) MS Access
8 1 (0.65%) QlikView
8 1 (0.65%) SQL Server Analysis Services
8 1 (0.65%) SQL Server Reporting Services
Development Applications
1 11 (7.19%) TeamCity
2 8 (5.23%) JIRA
3 6 (3.92%) Cucumber
4 5 (3.27%) Jenkins
4 5 (3.27%) Team Foundation Server
5 4 (2.61%) JUnit
5 4 (2.61%) Mockito
5 4 (2.61%) Subversion
6 2 (1.31%) Axure RP
6 2 (1.31%) Balsamiq Mockups
6 2 (1.31%) Git (software)
7 1 (0.65%) Android Studio
7 1 (0.65%) Eclipse
7 1 (0.65%) HP UFT
7 1 (0.65%) LoadRunner
7 1 (0.65%) Selenium
7 1 (0.65%) SoapUI
7 1 (0.65%) VersionOne
General
1 77 (50.33%) Finance
2 41 (26.80%) Banking
3 24 (15.69%) Investment Banking
4 16 (10.46%) Front Office
5 14 (9.15%) Back Office
5 14 (9.15%) Billing
6 12 (7.84%) Financial Institution
7 7 (4.58%) Publishing
7 7 (4.58%) Retail
8 6 (3.92%) Advertising
9 5 (3.27%) International Banking
10 3 (1.96%) Law
11 2 (1.31%) Automotive
11 2 (1.31%) Legal
11 2 (1.31%) Portuguese Language
11 2 (1.31%) Spanish Language
12 1 (0.65%) Games
12 1 (0.65%) General Ledger
12 1 (0.65%) Marketing
12 1 (0.65%) Retail Banking
Job Titles
1 56 (36.60%) Analyst
2 53 (34.64%) Business Analyst
3 27 (17.65%) Project Manager
4 24 (15.69%) Developer
5 11 (7.19%) Build and Configuration Engineer
5 11 (7.19%) Build Engineer
5 11 (7.19%) Configuration Engineer
5 11 (7.19%) Java Engineer
6 9 (5.88%) WPF Developer
7 8 (5.23%) IT Business Analyst
8 7 (4.58%) IT Manager
8 7 (4.58%) IT Project Manager
8 7 (4.58%) Java Developer
8 7 (4.58%) Senior Analyst
8 7 (4.58%) Senior Business Analyst
9 6 (3.92%) Business Systems Analyst
10 5 (3.27%) Banking Analyst
10 5 (3.27%) Business IT Analyst
10 5 (3.27%) C# Developer
10 5 (3.27%) C# WPF Developer
Libraries, Frameworks & Software Standards
1 14 (9.15%) .NET
2 10 (6.54%) WCF
3 9 (5.88%) Task Parallel Library
3 9 (5.88%) WPF
4 8 (5.23%) Spring
4 8 (5.23%) XML
5 7 (4.58%) SOAP
5 7 (4.58%) Web Services
6 6 (3.92%) Java EE
6 6 (3.92%) JMS
6 6 (3.92%) XSLT
7 5 (3.27%) Hibernate
7 5 (3.27%) REST
8 4 (2.61%) COM
8 4 (2.61%) XForms
9 2 (1.31%) ASP.NET
9 2 (1.31%) HTML
9 2 (1.31%) J2EE
9 2 (1.31%) Spring Boot
10 1 (0.65%) RabbitMQ
Miscellaneous
1 13 (8.50%) Virtual Team
2 11 (7.19%) Analytical Skills
2 11 (7.19%) Equities
2 11 (7.19%) Hedge funds
3 8 (5.23%) Fixed Income
3 8 (5.23%) Foreign Exchange (FX)
4 7 (4.58%) Derivative
5 5 (3.27%) Equity Derivative
5 5 (3.27%) Fintech
5 5 (3.27%) Greenfield Project
5 5 (3.27%) User Experience
6 3 (1.96%) Data Centre
6 3 (1.96%) Interest Rate Derivative
6 3 (1.96%) Market Risk
6 3 (1.96%) Swaptions
6 3 (1.96%) SWIFT
7 2 (1.31%) Management Information System
7 2 (1.31%) Mobile App
7 2 (1.31%) OTC Derivatives
8 1 (0.65%) Enterprise Software
Operating Systems
1 2 (1.31%) Windows
2 1 (0.65%) Android
2 1 (0.65%) Linux
2 1 (0.65%) Unix
2 1 (0.65%) Windows Server
Processes & Methodologies
1 140 (91.50%) Agile Software Development
2 40 (26.14%) Stakeholder Management
3 36 (23.53%) SDLC
4 35 (22.88%) Business Analysis
5 34 (22.22%) Project Management
6 31 (20.26%) TDD
7 17 (11.11%) OO
8 14 (9.15%) DevOps
8 14 (9.15%) PRINCE2
8 14 (9.15%) Test Automation
9 13 (8.50%) Scrum
10 11 (7.19%) AOP
10 11 (7.19%) Asset Management
10 11 (7.19%) Coaching
10 11 (7.19%) Code Optimisation
10 11 (7.19%) Logistics
10 11 (7.19%) SOA
11 10 (6.54%) CRM
11 10 (6.54%) Mathematics
11 10 (6.54%) User Stories
Programming Languages
1 23 (15.03%) Java
2 13 (8.50%) C#
2 13 (8.50%) JavaScript
3 12 (7.84%) C++
4 9 (5.88%) SQL
5 2 (1.31%) C
6 1 (0.65%) Apex Code
6 1 (0.65%) Groovy
6 1 (0.65%) PL/SQL
6 1 (0.65%) Shell Script
6 1 (0.65%) T-SQL
6 1 (0.65%) VB
6 1 (0.65%) VBScript
Qualifications
1 16 (10.46%) Degree
2 4 (2.61%) BPSS Clearance
2 4 (2.61%) PMP
2 4 (2.61%) Security Cleared
3 3 (1.96%) ISEB
3 3 (1.96%) PMI Certification
4 2 (1.31%) IIBA
4 2 (1.31%) PRINCE2 Certification
5 1 (0.65%) DV Cleared
5 1 (0.65%) ISTQB Foundation Certification
5 1 (0.65%) Numerate Degree
5 1 (0.65%) SC Cleared
Quality Assurance & Compliance
1 16 (10.46%) QA
2 8 (5.23%) GDPR
2 8 (5.23%) MiFID
3 7 (4.58%) PMO
4 6 (3.92%) EMIR
5 2 (1.31%) Data Quality
6 1 (0.65%) FINREP
6 1 (0.65%) SEPA
System Software
1 2 (1.31%) Active Directory
1 2 (1.31%) Virtual Machines
Vendors
1 13 (8.50%) Microsoft
2 7 (4.58%) Oracle
3 5 (3.27%) Salesforce.com
4 4 (2.61%) ATG
5 3 (1.96%) Google
5 3 (1.96%) HP
5 3 (1.96%) Hyperion
5 3 (1.96%) PeopleSoft
5 3 (1.96%) SAP
5 3 (1.96%) Siebel
6 2 (1.31%) Charles River
6 2 (1.31%) Cognos
6 2 (1.31%) hybris
6 2 (1.31%) Retek
7 1 (0.65%) Atlassian
7 1 (0.65%) Lotus
7 1 (0.65%) Pega
7 1 (0.65%) Remedy
7 1 (0.65%) Solace
7 1 (0.65%) Tradeweb