Derivative Contracts in Scotland

Derivatives
UK > Scotland

The table below looks at the prevalence of the term Derivative in contract job vacancies in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Derivative over the 6 months leading up to 17 June 2025, comparing them to the same period in the previous two years.

6 months to
17 Jun 2025
Same period 2024 Same period 2023
Rank 107 - 155
Rank change year-on-year - - +12
Contract jobs citing Derivative 10 0 4
As % of all contract jobs advertised in Scotland 0.61% - 0.15%
As % of the Miscellaneous category 1.51% - 0.41%
Number of daily rates quoted 5 0 2
10th Percentile £352 - £705
25th Percentile - - £713
Median daily rate (50th Percentile) £404 - £725
Median % change year-on-year - - +25.54%
75th Percentile £575 - £738
90th Percentile - - £745
UK median daily rate £725 £800 £725
% change year-on-year -9.38% +10.34% +7.41%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £47.73
UK median hourly rate £87.50 - £47.73
% change year-on-year - - +47.31%

All Generic Skills
Scotland

Derivative falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in Scotland.

Contract vacancies with a requirement for generic IT skills 664 667 966
As % of all contract IT jobs advertised in Scotland 40.76% 31.67% 35.95%
Number of daily rates quoted 302 412 649
10th Percentile £205 £205 £250
25th Percentile £377 £363 £413
Median daily rate (50th Percentile) £461 £455 £495
Median % change year-on-year +1.32% -8.03% +1.54%
75th Percentile £538 £566 £550
90th Percentile £600 £673 £638
UK median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% -
Number of hourly rates quoted 29 34 29
10th Percentile - £12.59 -
25th Percentile £17.30 £15.48 £10.63
Median hourly rate £22.00 £18.20 £14.50
Median % change year-on-year +20.88% +25.52% -66.28%
75th Percentile £27.99 £32.30 £21.67
90th Percentile £61.00 £59.78 £48.93
UK median hourly rate £32.95 £35.50 £22.41
% change year-on-year -7.20% +58.41% -18.51%

Derivative
Job Vacancy Trend in Scotland

Job postings citing Derivative as a proportion of all IT jobs advertised in Scotland.

Job vacancy trend for Derivative in Scotland

Derivative
Contractor Daily Rate Trend in Scotland

3-month moving average daily rate quoted in jobs citing Derivative in Scotland.

Daily rate trend for Derivative in Scotland

Derivative
Daily Rate Histogram in Scotland

Daily rate distribution for jobs citing Derivative in Scotland over the 6 months to 17 June 2025.

Daily rate histogram for Derivative in Scotland

Derivative
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the Scotland region over the 6 months to 17 June 2025. 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
Glasgow - 7 £404 - 23
Edinburgh - 3 - - 21
Derivative
UK

Derivative
Co-occurring Skills and Capabilities in Scotland 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:

Business Applications
1 3 (30.00%) Finacle
Database & Business Intelligence
1 4 (40.00%) DB2
1 4 (40.00%) MongoDB
1 4 (40.00%) Relational Database
2 1 (10.00%) Semantic Layer
Development Applications
1 4 (40.00%) JUnit
2 2 (20.00%) Git
2 2 (20.00%) JIRA
General
1 8 (80.00%) Finance
2 7 (70.00%) Analytical Skills
2 7 (70.00%) Social Skills
3 6 (60.00%) Front Office
4 4 (40.00%) Banking
5 3 (30.00%) Private Banking
6 2 (20.00%) Back Office
6 2 (20.00%) Presentation Skills
7 1 (10.00%) Investment Banking
Job Titles
1 5 (50.00%) Developer
2 4 (40.00%) Java Developer
3 3 (30.00%) Analyst
4 2 (20.00%) Architect
4 2 (20.00%) Business Analyst
4 2 (20.00%) Data Business Analyst
4 2 (20.00%) Solutions Architect
5 1 (10.00%) Senior
5 1 (10.00%) Senior Analyst
5 1 (10.00%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 4 (40.00%) Kafka
1 4 (40.00%) Spring
2 2 (20.00%) JMS
2 2 (20.00%) MSMQ
3 1 (10.00%) J2EE
Miscellaneous
1 6 (60.00%) Equities
2 4 (40.00%) Data Structures
2 4 (40.00%) Equity Derivative
3 2 (20.00%) Fixed Income
3 2 (20.00%) Product Ownership
Operating Systems
1 4 (40.00%) Linux
Processes & Methodologies
1 8 (80.00%) Agile
2 7 (70.00%) Problem-Solving
3 6 (60.00%) SDLC
4 4 (40.00%) Database Tuning
4 4 (40.00%) Multithreading
4 4 (40.00%) Open Source
4 4 (40.00%) Performance Tuning
4 4 (40.00%) Wealth Management
5 3 (30.00%) Data Analysis
5 3 (30.00%) Data Modelling
5 3 (30.00%) Mentoring
5 3 (30.00%) Scenario Testing
5 3 (30.00%) Scrum
5 3 (30.00%) Software Engineering
5 3 (30.00%) System Testing
6 2 (20.00%) Business Analysis
6 2 (20.00%) Data Security
6 2 (20.00%) Stakeholder Management
6 2 (20.00%) Technical Architecture
6 2 (20.00%) Waterfall
Programming Languages
1 5 (50.00%) Java
2 4 (40.00%) Python
2 4 (40.00%) Shell Script
2 4 (40.00%) SQL
Quality Assurance & Compliance
1 1 (10.00%) Data Quality
1 1 (10.00%) QA
Vendors
1 4 (40.00%) Sybase
2 3 (30.00%) Avaloq
2 3 (30.00%) Temenos
3 2 (20.00%) Bloomberg
3 2 (20.00%) Reuters
4 1 (10.00%) Oracle