Period
to 15 October 2018

The table below provides summary statistics for contract job vacancies advertised in Scotland with a requirement for knowledge and experience of FNZ products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FNZ over the 6 months to 15 October 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 FNZ.

FNZ
UK > Scotland
6 months to
15 Oct 2018
Same period 2017 Same period 2016
Rank 200 179 188
Rank change year-on-year -21 +9 +8
Contract jobs citing FNZ 5 1 6
As % of all contract IT jobs advertised in Scotland 0.093% 0.021% 0.12%
As % of the Vendors category 0.25% 0.055% 0.26%
Number of daily rates quoted 4 0 1
Scotland median daily rate £450 - £675
10th Percentile £394 - £663
90th Percentile £494 - £688
UK median daily rate £475 £550 £525
% change year-on-year -13.64% +4.76% +10.53%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - - -

FNZ 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 Scotland.

All Vendors
Scotland
Contract vacancies with a requirement for knowledge or experience of vendor products and services 2,021 1,817 2,279
As % of all contract IT jobs advertised in Scotland 37.50% 37.81% 46.51%
Number of daily rates quoted 1,056 990 1,227
Scotland median daily rate £400 £400 £350
Median daily rate % change year-on-year - +14.29% -
10th Percentile £213 £210 £227
90th Percentile £540 £538 £488
UK median daily rate £450 £430 £415
% change year-on-year +4.65% +3.61% +3.75%
Number of hourly rates quoted 62 65 91
Scotland median hourly rate £17.25 £26.00 £36.00
Median hourly rate % change year-on-year -33.65% -27.78% +171.70%
10th Percentile £10.75 £11.25 £10.00
90th Percentile £35.00 £45.60 £43.00
UK median hourly rate £17.50 £17.50 £17.50

FNZ
Job Vacancy Trend in Scotland

Job postings citing FNZ as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for FNZ in Scotland

FNZ
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for FNZ in Scotland

FNZ
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 FNZ within the Scotland region over the 6 months to 15 October 2018. 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
Job
Vacancies
Edinburgh - 3 £438 -
Stirling - 2 £450 -
FNZ
UK

For the 6 months to 15 October 2018, IT contractor jobs citing FNZ also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Scotland region with a requirement for FNZ.

1 4 (80.00%) Finance
1 4 (80.00%) Sonata
2 3 (60.00%) Analytical Skills
2 3 (60.00%) Workflow
2 3 (60.00%) Wealth Management
2 3 (60.00%) Problem-Solving
2 3 (60.00%) Data Analysis
2 3 (60.00%) SQL
2 3 (60.00%) Oracle
2 3 (60.00%) Unix
2 3 (60.00%) Project Management
3 1 (20.00%) Oracle BPM
3 1 (20.00%) AppDynamics
3 1 (20.00%) Target Operating Model
3 1 (20.00%) Business Analysis
3 1 (20.00%) Incident Management
3 1 (20.00%) Fund Management
3 1 (20.00%) Migration
3 1 (20.00%) Stakeholder Management
3 1 (20.00%) Oracle Workflow

FNZ
Co-occurring IT Skills in Scotland 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:

Application Platforms
1 1 (20.00%) Oracle Workflow
Business Applications
1 4 (80.00%) Sonata
2 1 (20.00%) Oracle BPM
General
1 4 (80.00%) Finance
Job Titles
1 3 (60.00%) Analyst
2 2 (40.00%) Applications Support
2 2 (40.00%) Applications Support Analyst
2 2 (40.00%) Support Analyst
3 1 (20.00%) Business Analyst
3 1 (20.00%) Consultant
3 1 (20.00%) Insurance Business Analyst
3 1 (20.00%) Pensions Analyst
3 1 (20.00%) Pensions Business Analyst
3 1 (20.00%) Project Manager
Miscellaneous
1 3 (60.00%) Analytical Skills
Operating Systems
1 3 (60.00%) Unix
Processes & Methodologies
1 3 (60.00%) Data Analysis
1 3 (60.00%) Problem-Solving
1 3 (60.00%) Project Management
1 3 (60.00%) Wealth Management
1 3 (60.00%) Workflow
2 1 (20.00%) Business Analysis
2 1 (20.00%) Fund Management
2 1 (20.00%) Incident Management
2 1 (20.00%) Migration
2 1 (20.00%) Stakeholder Management
2 1 (20.00%) Target Operating Model
Programming Languages
1 3 (60.00%) SQL
Vendors
1 3 (60.00%) Oracle
2 1 (20.00%) AppDynamics