Derivative Contracts in the North of England

Derivatives
England > North of England

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in the North of England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 6 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 185 215 245
Rank change year-on-year +30 +30 -58
Contract jobs citing Derivative 4 1 2
As % of all contract jobs advertised in the North of England 0.085% 0.017% 0.028%
As % of the Miscellaneous category 0.32% 0.056% 0.082%
Number of daily rates quoted 3 0 2
10th Percentile £494 - -
25th Percentile £541 - £513
Median daily rate (50th Percentile) £638 - £525
75th Percentile £656 - £538
90th Percentile - - -
England median daily rate £750 £750 £675
% change year-on-year - +11.11% +12.50%

All Generic Skills
North of England

Derivative is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the North of England with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 1,263 1,791 2,451
As % of all contract IT jobs advertised in the North of England 26.83% 30.84% 34.14%
Number of daily rates quoted 777 1,214 1,832
10th Percentile £264 £288 £200
25th Percentile £400 £413 £350
Median daily rate (50th Percentile) £495 £516 £475
Median % change year-on-year -4.07% +8.63% +11.76%
75th Percentile £584 £620 £575
90th Percentile £665 £688 £650
England median daily rate £550 £573 £550
% change year-on-year -3.93% +4.09% +10.00%
Number of hourly rates quoted 152 83 104
10th Percentile £12.15 £9.80 £11.35
25th Percentile £13.00 £10.63 £13.72
Median hourly rate £15.05 £16.85 £18.60
Median % change year-on-year -10.67% -9.41% +3.91%
75th Percentile £26.54 £46.99 £26.50
90th Percentile £48.75 £66.55 £43.95
England median hourly rate £31.50 £22.49 £26.50
% change year-on-year +40.09% -15.15% +1.09%

Derivative
Job Vacancy Trend in the North of England

Job postings citing Derivative as a proportion of all IT jobs advertised in the North of England.

Job vacancy trend for Derivative in the North of England

Derivative
Contractor Daily Rate Trend in the North of England

3-month moving average daily rate quoted in jobs citing Derivative in the North of England.

Daily rate trend for Derivative in the North of England

Derivative
Daily Rate Histogram in the North of England

Daily rate distribution for jobs citing Derivative in the North of England over the 6 months to 6 May 2024.

Daily rate histogram for Derivative in the North of England

Derivative
Contractor Hourly Rate Trend in the North of England

3-month moving average hourly rates quoted in jobs citing Derivative in the North of England.

Hourly rate trend for Derivative in the North of England

Derivative
Contract Job Locations in the North of England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the North of England region over the 6 months to 6 May 2024. 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
Jobs
North West +29 4 £638 - 1
Derivative
England

Derivative
Co-occurring Skills and Capabilities in the North of England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Development Applications
1 1 (25.00%) JIRA
General
1 3 (75.00%) Analytical Skills
1 3 (75.00%) Finance
1 3 (75.00%) Social Skills
2 2 (50.00%) Banking
Job Titles
1 2 (50.00%) Developer
1 2 (50.00%) Java Developer
1 2 (50.00%) Senior
1 2 (50.00%) Senior Developer
1 2 (50.00%) Senior Java Developer
2 1 (25.00%) Analyst
2 1 (25.00%) Consultant
2 1 (25.00%) Low Latency Java Developer
2 1 (25.00%) Operational Risk Analyst
2 1 (25.00%) Operations Analyst
2 1 (25.00%) Risk Analyst
Libraries, Frameworks & Software Standards
1 2 (50.00%) Spring
Miscellaneous
1 2 (50.00%) Algorithms
1 2 (50.00%) Data Structures
1 2 (50.00%) Self-Motivation
2 1 (25.00%) ASIC
2 1 (25.00%) Equities
2 1 (25.00%) Foreign Exchange (FX)
Operating Systems
1 2 (50.00%) Linux
1 2 (50.00%) Unix
Processes & Methodologies
1 3 (75.00%) Problem-Solving
2 2 (50.00%) Design Patterns
2 2 (50.00%) Low Latency
2 2 (50.00%) Microservices
2 2 (50.00%) Multithreading
2 2 (50.00%) OO
2 2 (50.00%) OOP
2 2 (50.00%) Performance Tuning
2 2 (50.00%) TDD
3 1 (25.00%) Process Management
3 1 (25.00%) Regulatory Change
3 1 (25.00%) Remediation Plan
3 1 (25.00%) Risk Management
3 1 (25.00%) Stakeholder Management
3 1 (25.00%) Test Scripting
Programming Languages
1 2 (50.00%) Java
Qualifications
1 2 (50.00%) Degree
Quality Assurance & Compliance
1 1 (25.00%) EMIR