Derivative Contracts in the UK excluding London

Derivatives
UK > UK excluding London

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in the UK excluding London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 8 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 379 435 484
Rank change year-on-year +56 +49 -84
Contract jobs citing Derivative 6 21 21
As % of all contract jobs advertised in the UK excluding London 0.029% 0.089% 0.069%
As % of the Miscellaneous category 0.10% 0.27% 0.22%
Number of daily rates quoted 3 12 13
10th Percentile £494 £563 £334
25th Percentile £541 £666 £500
Median daily rate (50th Percentile) £638 £800 £530
Median % change year-on-year -20.31% +50.94% -7.83%
75th Percentile £656 £825 £600
90th Percentile - - £745
UK median daily rate £750 £731 £675
% change year-on-year +2.56% +8.33% +12.50%
Number of hourly rates quoted 0 1 2
10th Percentile - - -
25th Percentile - - £31.65
Median hourly rate - £47.73 £32.40
Median % change year-on-year - +47.31% -
75th Percentile - - £33.15
90th Percentile - - -
UK median hourly rate - £47.73 £32.40
% change year-on-year - +47.31% -

All Generic Skills
UK excluding London

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 UK excluding London with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 5,981 7,647 9,728
As % of all contract IT jobs advertised in the UK excluding London 29.14% 32.53% 31.75%
Number of daily rates quoted 3,582 5,163 6,728
10th Percentile £208 £220 £205
25th Percentile £375 £388 £363
Median daily rate (50th Percentile) £500 £500 £475
Median % change year-on-year - +5.26% +11.76%
75th Percentile £595 £614 £575
90th Percentile £688 £700 £669
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 720 435 456
10th Percentile £12.15 £9.80 £12.21
25th Percentile £14.06 £10.63 £15.36
Median hourly rate £28.50 £22.00 £20.07
Median % change year-on-year +29.55% +9.64% -16.40%
75th Percentile £61.30 £65.00 £45.43
90th Percentile £70.00 £75.00 £60.00
UK median hourly rate £30.58 £22.49 £27.50
% change year-on-year +36.00% -18.24% +4.90%

Derivative
Job Vacancy Trend in the UK excluding London

Job postings citing Derivative as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Derivative in the UK excluding London

Derivative
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing Derivative in the UK excluding London.

Daily rate trend for Derivative in the UK excluding London

Derivative
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing Derivative in the UK excluding London over the 6 months to 8 May 2024.

Daily rate histogram for Derivative in the UK excluding London

Derivative
Contractor Hourly Rate Trend in the UK excluding London

3-month moving average hourly rates quoted in jobs citing Derivative in the UK excluding London.

Hourly rate trend for Derivative in the UK excluding London

Derivative
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Derivative within the UK excluding London region over the 6 months to 8 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 of England +32 4 £638 - 2
North West +27 4 £638 - 1
South East +2 1 - -
South West - 1 - -
Derivative
UK

Derivative
Co-occurring Skills and Capabilities in the UK excluding London 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:

Applications
1 1 (16.67%) Spreadsheet
Development Applications
1 1 (16.67%) JIRA
General
1 5 (83.33%) Finance
2 4 (66.67%) Banking
3 3 (50.00%) Analytical Skills
3 3 (50.00%) Social Skills
4 1 (16.67%) Front Office
Job Titles
1 4 (66.67%) Developer
2 2 (33.33%) Java Developer
2 2 (33.33%) Senior
2 2 (33.33%) Senior Developer
2 2 (33.33%) Senior Java Developer
3 1 (16.67%) Actuarial Developer
3 1 (16.67%) Analyst
3 1 (16.67%) Consultant
3 1 (16.67%) Low Latency Java Developer
3 1 (16.67%) Operational Risk Analyst
3 1 (16.67%) Operations Analyst
3 1 (16.67%) Python Developer
3 1 (16.67%) Quantitative Developer
3 1 (16.67%) Risk Analyst
Libraries, Frameworks & Software Standards
1 2 (33.33%) Spring
Miscellaneous
1 2 (33.33%) Algorithms
1 2 (33.33%) Data Structures
1 2 (33.33%) Foreign Exchange (FX)
1 2 (33.33%) Self-Motivation
2 1 (16.67%) ASIC
2 1 (16.67%) Equities
2 1 (16.67%) Product Ownership
Operating Systems
1 3 (50.00%) Linux
2 2 (33.33%) Unix
Processes & Methodologies
1 3 (50.00%) OO
1 3 (50.00%) OOP
1 3 (50.00%) Problem-Solving
2 2 (33.33%) Design Patterns
2 2 (33.33%) Low Latency
2 2 (33.33%) Microservices
2 2 (33.33%) Multithreading
2 2 (33.33%) Performance Tuning
2 2 (33.33%) TDD
3 1 (16.67%) Acceptance Criteria
3 1 (16.67%) Process Management
3 1 (16.67%) Regulatory Change
3 1 (16.67%) Remediation Plan
3 1 (16.67%) Risk Management
3 1 (16.67%) Stakeholder Management
3 1 (16.67%) Test Scripting
Programming Languages
1 2 (33.33%) Java
2 1 (16.67%) Python
2 1 (16.67%) R
Qualifications
1 2 (33.33%) Degree
Quality Assurance & Compliance
1 1 (16.67%) EMIR