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 3 months to 30 April 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.

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

VocaLink
England / London
3 months to
30 Apr 2017
Same period 2016 Same period 2015
Rank 401 430 431
Rank change year-on-year +29 +1  
Contract jobs citing VocaLink 3 2 1
As % of all contract IT jobs advertised in London 0.015% 0.009% 0.004%
As % of the Vendors category 0.036% 0.021% 0.010%
Number of daily rates quoted 3 1 0
Median daily rate £700 £325 -
Median daily rate % change year-on-year +115.38% -  
UK excluding London median daily rate - £500 £500
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London 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 vendor product and service related skills in contract job vacancies advertised in London.

Contract Vendor Product & Service Skills
London
Contract job vacancies with a requirement for skills associated with vendor products and/or services 8387 9474 9963
As % of all contract IT job vacancies advertised in London 41.46% 41.12% 44.36%
Number of daily rates quoted 5672 6410 6431
Median daily rate £468 £450 £425
Median daily rate % change year-on-year +3.88% +5.88%  
90% offered a daily rate of more than £300 £275 £250
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £385 £375
% change year-on-year +3.89% +2.66%  
Number of hourly rates quoted 99 127 228
Median hourly rate £23.25 £19.00 £19.00
Median hourly rate % change year-on-year +22.36% -  
90% offered a hourly rate of more than £14.15 £10.80 £13.00
10% offered a hourly rate of more than £50.00 £35.18 £41.50
UK excluding London median hourly rate £16.50 £20.00 £18.00
% change year-on-year -17.50% +11.11%  

VocaLink
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing VocaLink as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

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

VocaLink
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing VocaLink in London over the 3 months to 30 April 2017.

Contractor daily rate histogram for VocaLink in London

For the 6 months to 30 April 2017, 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 4 (80.00%) WorldPay
2 3 (60.00%) Banking
3 1 (20.00%) Wincor Nixdorf
3 1 (20.00%) TSYS
3 1 (20.00%) VeriFone
3 1 (20.00%) GAP Analysis
3 1 (20.00%) APACS
3 1 (20.00%) ISO 8583
3 1 (20.00%) Programme Management
3 1 (20.00%) E-Commerce
3 1 (20.00%) ATM
3 1 (20.00%) Sage
3 1 (20.00%) EPoS
3 1 (20.00%) EMV
3 1 (20.00%) Chip and PIN
3 1 (20.00%) EFT
3 1 (20.00%) EFTPOS
3 1 (20.00%) Smartcard
3 1 (20.00%) Mobile Commerce
3 1 (20.00%) Customer Requirements
3 1 (20.00%) PMO
3 1 (20.00%) Sage Pay
3 1 (20.00%) Elavon
3 1 (20.00%) Ingenico
3 1 (20.00%) Thales
3 1 (20.00%) Hypercom
3 1 (20.00%) Cubic Transportation
3 1 (20.00%) FIS

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:

Cloud Services
1 1 (20.00%) Sage Pay
Communications & Networking
1 1 (20.00%) ATM
General
1 3 (60.00%) Banking
Job Titles
1 4 (80.00%) Analyst
1 4 (80.00%) Payments Analyst
2 3 (60.00%) Business Analyst
2 3 (60.00%) Payments Business Analyst
3 1 (20.00%) Business Change Analyst
3 1 (20.00%) Change Analyst
3 1 (20.00%) Functional Analyst
3 1 (20.00%) Portfolio Manager
3 1 (20.00%) Programme Assurance Manager
3 1 (20.00%) Programme Manager
Miscellaneous
1 1 (20.00%) APACS
1 1 (20.00%) Chip and PIN
1 1 (20.00%) EFT
1 1 (20.00%) EFTPOS
1 1 (20.00%) EMV
1 1 (20.00%) EPoS
1 1 (20.00%) Smartcard
Processes & Methodologies
1 1 (20.00%) Customer Requirements
1 1 (20.00%) E-Commerce
1 1 (20.00%) GAP Analysis
1 1 (20.00%) Mobile Commerce
1 1 (20.00%) Programme Management
Quality Assurance & Compliance
1 1 (20.00%) ISO 8583
1 1 (20.00%) PMO
Vendors
1 4 (80.00%) WorldPay
2 1 (20.00%) Cubic Transportation
2 1 (20.00%) Elavon
2 1 (20.00%) FIS
2 1 (20.00%) Hypercom
2 1 (20.00%) Ingenico
2 1 (20.00%) Sage
2 1 (20.00%) Thales
2 1 (20.00%) TSYS
2 1 (20.00%) VeriFone
2 1 (20.00%) Wincor Nixdorf