Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Benchmarking skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Benchmarking 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.

Benchmarking
England > London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 513 516 517
Rank change year-on-year +3 +1 +6
Contract jobs citing Benchmarking 113 103 100
As % of all contract IT jobs advertised in London 0.24% 0.23% 0.21%
As % of the Processes & Methodologies category 0.28% 0.26% 0.25%
Number of daily rates quoted 88 71 52
London median daily rate £500 £500 £425
Median daily rate % change year-on-year - +17.65% -5.56%
10th Percentile £315 £325 £264
90th Percentile £938 £651 £575
England median daily rate £450 £450 £420
% change year-on-year - +7.14% +5.00%
Number of hourly rates quoted 2 5 3
London median hourly rate £21.41 £22.00 £16.00
Median hourly rate % change year-on-year -2.68% +37.50% -5.88%
10th Percentile £20.09 £19.75 £15.50
90th Percentile £23.13 £30.72 £19.30
England median hourly rate £19.82 £22.00 £20.00
% change year-on-year -9.91% +10.00% -29.82%

Benchmarking 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 London with a requirement for process or methodology skills.

All Process and Methodology Skills
London
Contract vacancies with a requirement for process or methodology skills 40487 39001 39528
As % of all contract IT jobs advertised in London 86.99% 86.22% 83.82%
Number of daily rates quoted 29443 28001 28255
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £305 £288
90th Percentile £670 £644 £638
England median daily rate £450 £425 £420
% change year-on-year +5.88% +1.19% +5.00%
Number of hourly rates quoted 376 404 472
London median hourly rate £22.50 £21.89 £20.00
Median hourly rate % change year-on-year +2.79% +9.45% +11.11%
10th Percentile £13.31 £12.25 £11.25
90th Percentile £52.25 £50.09 £50.00
England median hourly rate £24.00 £24.41 £22.50
% change year-on-year -1.68% +8.49% +18.42%

Benchmarking
Job Vacancy Trend in London

Job postings citing Benchmarking as a percentage of all IT jobs advertised in London.

Job vacancy trend for Benchmarking in London

Benchmarking
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Benchmarking in London.

Contractor daily rate trend for Benchmarking in London

Benchmarking
Contractor Daily Rate Histogram in London

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

Contractor daily rate histogram for Benchmarking in London

Benchmarking
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Benchmarking in London.

Contractor hourly rate trend for Benchmarking in London

Benchmarking
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Benchmarking within the London region over the 6 months to 18 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +4 14 £425 -6.59% 1
South London -23 7 £500 +37.93%
West London -4 3 £190 -62.75%
North London - 1 £225 -
Benchmarking
England

For the 6 months to 18 November 2017, IT contractor jobs citing Benchmarking 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 London region with a requirement for Benchmarking.

1 46 (40.71%) C#
2 45 (39.82%) Finance
3 35 (30.97%) Validation
3 35 (30.97%) Mathematics
4 34 (30.09%) QA
5 33 (29.20%) Physics
5 33 (29.20%) Derivative
6 32 (28.32%) Agile Software Development
6 32 (28.32%) C++
6 32 (28.32%) Stochastic Modelling
6 32 (28.32%) Internal Audit
6 32 (28.32%) Quantitative Finance
7 31 (27.43%) Degree
8 19 (16.81%) Credit Risk
8 19 (16.81%) RESTful
8 19 (16.81%) Credit Risk Modelling
9 18 (15.93%) Analytics
10 16 (14.16%) Computer Science
10 16 (14.16%) Wireframes
10 16 (14.16%) Translating Business Requirements
11 15 (13.27%) Performance Tuning
11 15 (13.27%) User Experience
11 15 (13.27%) Scrum
12 14 (12.39%) Front Office
12 14 (12.39%) Market Risk
12 14 (12.39%) Git (software)
13 13 (11.50%) Usability Testing
13 13 (11.50%) PnL Attribution
14 12 (10.62%) Push Notifications
14 12 (10.62%) Computer Science Degree

Benchmarking
Co-occurring IT Skills in 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 4 (3.54%) SharePoint
2 1 (0.88%) Apache Solr
2 1 (0.88%) CMS
2 1 (0.88%) Elasticsearch
Applications
1 5 (4.42%) Microsoft Excel
2 2 (1.77%) Microsoft PowerPoint
3 1 (0.88%) Microsoft Office
3 1 (0.88%) SPSS
Cloud Services
1 4 (3.54%) npm
2 2 (1.77%) SaaS
3 1 (0.88%) Adobe Analytics
3 1 (0.88%) Amazon AWS
3 1 (0.88%) Amazon SQS
3 1 (0.88%) AWS CloudFormation
3 1 (0.88%) Google Analytics
3 1 (0.88%) IaaS
3 1 (0.88%) PaaS
3 1 (0.88%) Yarn
Communications & Networking
1 3 (2.65%) Internet
2 1 (0.88%) Firewall
2 1 (0.88%) Intrusion Detection
Database & Business Intelligence
1 4 (3.54%) MongoDB
2 3 (2.65%) Data Warehouse
2 3 (2.65%) Electronic Patient Records
2 3 (2.65%) Relational Database
3 2 (1.77%) NoSQL
3 2 (1.77%) Power BI
4 1 (0.88%) Apache Cassandra
4 1 (0.88%) GIS
4 1 (0.88%) MS Access
Development Applications
1 14 (12.39%) Git (software)
2 5 (4.42%) Babel
3 4 (3.54%) webpack
4 3 (2.65%) Visual Studio
4 3 (2.65%) Visual Studio Team System
5 2 (1.77%) JIRA
5 2 (1.77%) JUnit
5 2 (1.77%) Mocha
5 2 (1.77%) Subversion
6 1 (0.88%) Eclipse
6 1 (0.88%) Jenkins
6 1 (0.88%) JMeter
6 1 (0.88%) RSpec
6 1 (0.88%) TeamCity
General
1 45 (39.82%) Finance
2 14 (12.39%) Front Office
3 7 (6.19%) Banking
3 7 (6.19%) Legal
4 4 (3.54%) Investment Banking
4 4 (3.54%) Marketing
5 3 (2.65%) Telecoms
6 1 (0.88%) Digital Economy
6 1 (0.88%) Financial Institution
6 1 (0.88%) Local Government
6 1 (0.88%) Publishing
6 1 (0.88%) Retail
Job Titles
1 48 (42.48%) Analyst
2 32 (28.32%) Qualitative Analyst
2 32 (28.32%) Quantitative Analyst
2 32 (28.32%) Quantitative Risk Analyst
2 32 (28.32%) Risk Analyst
3 22 (19.47%) Developer
4 19 (16.81%) Credit Analyst
4 19 (16.81%) Credit Risk Analyst
5 13 (11.50%) Market Risk Analyst
5 13 (11.50%) Pricing Analyst
6 12 (10.62%) User Researcher
6 12 (10.62%) Xamarin Developer
7 6 (5.31%) Business Analyst
8 3 (2.65%) Contracts Manager
8 3 (2.65%) JavaScript Developer
8 3 (2.65%) Project Manager
8 3 (2.65%) Telecoms Specialist
8 3 (2.65%) User Experience Manager
8 3 (2.65%) Web Analyst
9 2 (1.77%) SQL Analyst
Libraries, Frameworks & Software Standards
1 19 (16.81%) RESTful
2 8 (7.08%) CSS
3 7 (6.19%) React
4 6 (5.31%) Redux
5 5 (4.42%) .NET
6 4 (3.54%) DOM
6 4 (3.54%) HTML
6 4 (3.54%) JSON
7 3 (2.65%) .NET Core
7 3 (2.65%) CSS3
7 3 (2.65%) Immutable.js
7 3 (2.65%) Node.js
7 3 (2.65%) Sass
7 3 (2.65%) Twitter Bootstrap
8 2 (1.77%) Chai
8 2 (1.77%) D3.js
8 2 (1.77%) HTML5
8 2 (1.77%) WebSockets
9 1 (0.88%) AngularJS
9 1 (0.88%) REST
Miscellaneous
1 33 (29.20%) Derivative
2 19 (16.81%) Credit Risk
3 16 (14.16%) Computer Science
4 15 (13.27%) User Experience
5 14 (12.39%) Market Risk
6 12 (10.62%) Mobile App
7 10 (8.85%) Analytical Skills
8 6 (5.31%) NHS
8 6 (5.31%) W3C
9 5 (4.42%) Management Information System
10 4 (3.54%) Data Structures
11 3 (2.65%) e-Health
11 3 (2.65%) LIMS
11 3 (2.65%) Mobile Banking
11 3 (2.65%) PACS
12 2 (1.77%) Data Centre
12 2 (1.77%) Wiki
13 1 (0.88%) Greenfield Project
13 1 (0.88%) Minimum Viable Product
13 1 (0.88%) Reinsurance
Operating Systems
1 2 (1.77%) Unix
1 2 (1.77%) Windows
1 2 (1.77%) Windows Server
2 1 (0.88%) CentOS
2 1 (0.88%) Fedora
2 1 (0.88%) Linux
Processes & Methodologies
1 35 (30.97%) Mathematics
1 35 (30.97%) Validation
2 33 (29.20%) Physics
3 32 (28.32%) Agile Software Development
3 32 (28.32%) Internal Audit
3 32 (28.32%) Quantitative Finance
3 32 (28.32%) Stochastic Modelling
4 19 (16.81%) Credit Risk Modelling
5 18 (15.93%) Analytics
6 16 (14.16%) Translating Business Requirements
6 16 (14.16%) Wireframes
7 15 (13.27%) Performance Tuning
7 15 (13.27%) Scrum
8 13 (11.50%) PnL Attribution
8 13 (11.50%) Usability Testing
9 12 (10.62%) Continuous Integration
9 12 (10.62%) Psychology
9 12 (10.62%) Push Notifications
9 12 (10.62%) Web Analytics
10 11 (9.73%) Stakeholder Management
Programming Languages
1 46 (40.71%) C#
2 32 (28.32%) C++
3 10 (8.85%) SQL
4 5 (4.42%) JavaScript
5 4 (3.54%) Java
5 4 (3.54%) TypeScript
6 3 (2.65%) ECMAScript
7 2 (1.77%) PowerShell
8 1 (0.88%) Apex Code
8 1 (0.88%) Bash Shell
8 1 (0.88%) ES6
8 1 (0.88%) Python
8 1 (0.88%) Ruby
Qualifications
1 31 (27.43%) Degree
2 12 (10.62%) Computer Science Degree
3 6 (5.31%) Security Cleared
4 5 (4.42%) SC Cleared
5 2 (1.77%) BPSS Clearance
5 2 (1.77%) ITIL Certification
6 1 (0.88%) CBAP
6 1 (0.88%) CISA
6 1 (0.88%) CISM
6 1 (0.88%) CISSP
6 1 (0.88%) DV Cleared
6 1 (0.88%) IIBA
6 1 (0.88%) PMI Certification
Quality Assurance & Compliance
1 34 (30.09%) QA
2 6 (5.31%) Data Quality
2 6 (5.31%) WAI
3 3 (2.65%) HL7
4 1 (0.88%) Cyber Essentials
4 1 (0.88%) Disclosure Scotland
4 1 (0.88%) GDPR
4 1 (0.88%) ISO/IEC 27001
4 1 (0.88%) PCI DSS
System Software
1 2 (1.77%) Hyper-V
1 2 (1.77%) VMware Infrastructure
Systems Management
1 1 (0.88%) Ansible
1 1 (0.88%) Kibana
1 1 (0.88%) logstash
1 1 (0.88%) Opscode Chef
1 1 (0.88%) Puppet
1 1 (0.88%) Terraform
Vendors
1 12 (10.62%) Xamarin
2 9 (7.96%) Microsoft
3 3 (2.65%) Google
4 2 (1.77%) Informatica
4 2 (1.77%) Oracle
4 2 (1.77%) Tableau
4 2 (1.77%) VMware
5 1 (0.88%) Adobe
5 1 (0.88%) Salesforce.com