The table below provides summary statistics for contract job vacancies advertised in the South East with a requirement for knowledge and experience of Bloomberg products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Bloomberg over the 3 months to 24 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 Bloomberg.

Bloomberg
England / South East
3 months to
24 Apr 2017
Same period 2016 Same period 2015
Rank - 265 259
Contract jobs citing Bloomberg 0 10 15
As % of all contract IT jobs advertised in the South East - 0.10% 0.15%
As % of the Vendors category - 0.21% 0.32%
Number of daily rates quoted 0 10 1
Median daily rate - £545 £450
Median daily rate % change year-on-year - +21.11%  
UK excluding London median daily rate £425 £520 £450
% change year-on-year -18.26% +15.55%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Bloomberg 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 the South East.

Contract Vendor Product & Service Skills
South East
Contract job vacancies with a requirement for skills associated with vendor products and/or services 3969 4800 4699
As % of all contract IT job vacancies advertised in the South East 48.99% 49.30% 46.05%
Number of daily rates quoted 2145 2900 2496
Median daily rate £415 £400 £375
Median daily rate % change year-on-year +3.75% +6.66%  
90% offered a daily rate of more than £263 £250 £240
10% offered a daily rate of more than £538 £530 £500
UK excluding London median daily rate £400 £385 £375
% change year-on-year +3.89% +2.66%  
Number of hourly rates quoted 205 204 267
Median hourly rate £15.00 £21.00 £18.50
Median hourly rate % change year-on-year -28.57% +13.51%  
90% offered a hourly rate of more than £11.25 £11.00 £11.75
10% offered a hourly rate of more than £48.00 £48.00 £40.00
UK excluding London median hourly rate £16.25 £19.00 £17.50
% change year-on-year -14.47% +8.57%  

Bloomberg
Job Vacancy Trend in the South East

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

Job vacancy trend for Bloomberg in the South East

Bloomberg
Contractor Daily Rate Trend in the South East

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Bloomberg in the South East.

Contractor daily rate trend for Bloomberg in the South East

Bloomberg
Contractor Hourly Rate Trend in the South East

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Bloomberg in the South East.

Contractor hourly rate trend for Bloomberg in the South East