Period
to 22 November 2017

The table below looks at the prevalence of the term Contract for Difference in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Contract for Difference over the 6 months to 22 November 2017 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.

Contract for Difference (CFD)
England > London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 638 604 583
Rank change year-on-year -34 -21 +21
Contract jobs citing Contract for Difference 1 4 30
As % of all contract IT jobs advertised in London 0.002% 0.009% 0.065%
As % of the Miscellaneous category 0.005% 0.024% 0.17%
Number of daily rates quoted 0 4 29
London median daily rate - £575 £550
Median daily rate % change year-on-year - +4.55% +46.67%
England median daily rate - £575 £550
% change year-on-year - +4.55% +46.67%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Contract for Difference 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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 18413 16645 17238
As % of all contract IT jobs advertised in London 39.07% 36.80% 37.30%
Number of daily rates quoted 13196 11794 12127
London median daily rate £500 £475 £455
Median daily rate % change year-on-year +5.26% +4.40% +1.11%
10th Percentile £313 £290 £275
90th Percentile £688 £650 £650
England median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 229 256 297
London median hourly rate £21.50 £19.96 £20.00
Median hourly rate % change year-on-year +7.72% -0.20% +11.11%
10th Percentile £12.75 £12.00 £12.01
90th Percentile £47.65 £50.00 £48.50
England median hourly rate £20.60 £20.92 £19.08
% change year-on-year -1.51% +9.62% +6.00%

Contract for Difference
Job Vacancy Trend in London

Job postings citing Contract for Difference as a percentage of all IT jobs advertised in London.

Job vacancy trend for Contract for Difference in London

Contract for Difference
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Contract for Difference in London

Contract for Difference
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Contract for Difference in London

For the 6 months to 22 November 2017, IT contractor jobs citing Contract for Difference 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 Contract for Difference.

1 1 (100.00%) XML
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Regression Testing
1 1 (100.00%) Fixed Income
1 1 (100.00%) Equities
1 1 (100.00%) Banking
1 1 (100.00%) ActiveMQ
1 1 (100.00%) Investment Banking
1 1 (100.00%) JIRA
1 1 (100.00%) thinkFolio
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Integration Testing
1 1 (100.00%) System Testing
1 1 (100.00%) HP Quality Center
1 1 (100.00%) Functional Testing
1 1 (100.00%) Zephyr
1 1 (100.00%) System Integration Testing
1 1 (100.00%) Exploratory Testing
1 1 (100.00%) Smoke Testing

Contract for Difference
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:

Business Applications
1 1 (100.00%) thinkFolio
Development Applications
1 1 (100.00%) JIRA
1 1 (100.00%) Zephyr
General
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Banking Analyst
1 1 (100.00%) Senior Analyst
1 1 (100.00%) Senior Test Analyst
1 1 (100.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 1 (100.00%) ActiveMQ
1 1 (100.00%) XML
Miscellaneous
1 1 (100.00%) Equities
1 1 (100.00%) Fixed Income
1 1 (100.00%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (100.00%) Exploratory Testing
1 1 (100.00%) Functional Testing
1 1 (100.00%) Integration Testing
1 1 (100.00%) Regression Testing
1 1 (100.00%) Smoke Testing
1 1 (100.00%) System Integration Testing
1 1 (100.00%) System Testing
1 1 (100.00%) User Acceptance Testing
Systems Management
1 1 (100.00%) HP Quality Center