The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in the South West. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 3 months to 29 March 2017 with a comparison to the same period over 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.

Derivatives
England / South West
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank - 133 146
Contract jobs citing Derivative 0 3 3
As % of all contract IT jobs advertised in the South West - 0.10% 0.096%
As % of the Miscellaneous category - 0.36% 0.42%
Number of daily rates quoted 0 2 1
Median daily rate - £400 £425
Median daily rate % change year-on-year - -5.88%  
UK excluding London median daily rate £525 £313 £438
% change year-on-year +68.00% -28.57%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Derivative is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the South West with a requirement for generic IT skills.

Generic IT Skills
South West
Contract job vacancies with a requirement for generic IT skills 623 824 722
As % of all contract IT job vacancies advertised in the South West 24.16% 28.36% 23.15%
Number of daily rates quoted 402 528 421
Median daily rate £400 £375 £375
Median daily rate % change year-on-year +6.66% -  
90% offered a daily rate of more than £227 £235 £225
10% offered a daily rate of more than £539 £505 £527
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 39 69 48
Median hourly rate £39.50 £42.00 £32.00
Median hourly rate % change year-on-year -5.95% +31.25%  
90% offered a hourly rate of more than £11.00 £12.00 £11.50
10% offered a hourly rate of more than £49.75 £52.80 £45.00
UK excluding London median hourly rate £19.50 £26.50 £18.50
% change year-on-year -26.41% +43.24%  

Derivative
Job Vacancy Trend in the South West

The job posting trend of jobs advertised in the South West citing Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Derivative in the South West

Derivative
Contractor Daily Rate Trend in the South West

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

Contractor daily rate trend for Derivative in the South West

Derivative
Contractor Hourly Rate Trend in the South West

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

Contractor hourly rate trend for Derivative in the South West

For the 6 months to 29 March 2017, IT contractor jobs citing Derivative 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 South West region with a requirement for Derivative.

1 3 (100.00%) Finance
1 3 (100.00%) MiFID
2 2 (66.67%) GAP Analysis
3 1 (33.33%) OTC Derivatives
3 1 (33.33%) IFRS
3 1 (33.33%) IFRS 9
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Business Analysis
3 1 (33.33%) Equity Derivative

Derivative
Co-occurring IT Skills in the South West 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:

General
1 3 (100.00%) Finance
Job Titles
1 3 (100.00%) Analyst
1 3 (100.00%) Business Analyst
1 3 (100.00%) MiFID Business Analyst
2 2 (66.67%) Derivatives Business Analyst
3 1 (33.33%) Equity Derivatives Business Analyst
3 1 (33.33%) Finance Business Analyst
3 1 (33.33%) Financial Analyst
3 1 (33.33%) OTC Derivatives Analyst
3 1 (33.33%) OTC Derivatives Business Analyst
3 1 (33.33%) Senior Analyst
3 1 (33.33%) Senior Business Analyst
Miscellaneous
1 1 (33.33%) Analytical Skills
1 1 (33.33%) Equity Derivative
1 1 (33.33%) OTC Derivatives
Processes & Methodologies
1 2 (66.67%) GAP Analysis
2 1 (33.33%) Business Analysis
Quality Assurance & Compliance
1 3 (100.00%) MiFID
2 1 (33.33%) IFRS
2 1 (33.33%) IFRS 9