Period
to 21 January 2018

The table below provides summary statistics for contract job vacancies advertised in London with a requirement for knowledge and experience of VocaLink products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited VocaLink over the 6 months to 21 January 2018 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within VocaLink Limited.

VocaLink
England > London
6 months to
21 Jan 2018
Same period 2017 Same period 2016
Rank 633 588 585
Rank change year-on-year -45 -3 +22
Contract jobs citing VocaLink 2 4 7
As % of all contract IT jobs advertised in London 0.004% 0.010% 0.016%
As % of the Vendors category 0.011% 0.022% 0.039%
Number of daily rates quoted 2 4 1
London median daily rate £327 £650 £400
Median daily rate % change year-on-year -49.69% +62.50% -
England median daily rate £327 £625 £400
% change year-on-year -47.68% +56.25% -13.51%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

VocaLink is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in London.

All Vendors
London
Contract vacancies with a requirement for knowledge or experience of vendor products and services 18,463 17,881 18,072
As % of all contract IT jobs advertised in London 40.31% 43.10% 40.92%
Number of daily rates quoted 12,618 11,863 11,907
London median daily rate £475 £450 £438
Median daily rate % change year-on-year +5.56% +2.86% +2.94%
10th Percentile £263 £263 £250
90th Percentile £650 £625 £625
England median daily rate £450 £425 £405
% change year-on-year +5.88% +4.94% +1.25%
Number of hourly rates quoted 297 290 332
London median hourly rate £20.00 £19.00 £19.00
Median hourly rate % change year-on-year +5.26% - +8.57%
10th Percentile £11.81 £11.75 £11.25
90th Percentile £47.83 £55.00 £47.28
England median hourly rate £17.50 £17.38 £17.75
% change year-on-year +0.72% -2.09% +7.55%

VocaLink
Job Vacancy Trend in London

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

Job vacancy trend for VocaLink in London

VocaLink
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for VocaLink in London

For the 6 months to 21 January 2018, IT contractor jobs citing VocaLink 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 VocaLink.

1 2 (100.00%) Risk Management
1 2 (100.00%) Finance
1 2 (100.00%) Legal
1 2 (100.00%) Information Management
1 2 (100.00%) Data Analysis
1 2 (100.00%) Supplier Management
1 2 (100.00%) Business Development
1 2 (100.00%) Degree
1 2 (100.00%) Quantitative Analysis
1 2 (100.00%) Stress Testing
1 2 (100.00%) Trend Analysis
1 2 (100.00%) Performance Monitoring
1 2 (100.00%) Analytical Skills

VocaLink
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:

General
1 2 (100.00%) Finance
1 2 (100.00%) Legal
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Supply Chain Analyst
Miscellaneous
1 2 (100.00%) Analytical Skills
Processes & Methodologies
1 2 (100.00%) Business Development
1 2 (100.00%) Data Analysis
1 2 (100.00%) Information Management
1 2 (100.00%) Performance Monitoring
1 2 (100.00%) Quantitative Analysis
1 2 (100.00%) Risk Management
1 2 (100.00%) Stress Testing
1 2 (100.00%) Supplier Management
1 2 (100.00%) Trend Analysis
Qualifications
1 2 (100.00%) Degree