The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Charles River products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Charles River over the 3 months to 25 June 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 Charles River Systems, Inc.

Charles River
UK
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 537 597 572
Rank change year-on-year +60 -25  
Contract jobs citing Charles River 50 55 64
As % of all contract IT jobs advertised in the UK 0.11% 0.10% 0.11%
As % of the Vendors category 0.25% 0.23% 0.26%
Number of daily rates quoted 34 47 53
Median daily rate £638 £575 £600
Median daily rate % change year-on-year +10.86% -4.16%  
90% offered a daily rate of more than £325 £440 £400
10% offered a daily rate of more than £735 £778 £675
UK excluding London median daily rate £488 £525 £425
% change year-on-year -7.14% +23.52%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Charles River 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.

Contract Vendor Product & Service Skills
UK
Contract job vacancies with a requirement for skills associated with vendor products and/or services 20268 23841 24920
As % of all contract IT job vacancies advertised in the UK 43.79% 44.93% 44.47%
Number of daily rates quoted 12304 14686 14597
Median daily rate £425 £400 £390
Median daily rate % change year-on-year +6.25% +2.56%  
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £588 £575 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 703 813 1122
Median hourly rate £18.70 £20.00 £18.88
Median hourly rate % change year-on-year -6.50% +5.93%  
90% offered a hourly rate of more than £11.25 £11.50 £11.17
10% offered a hourly rate of more than £50.00 £42.50 £42.50
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

Charles River
Job Vacancy Trend

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

Job vacancy trend for Charles River in the UK

Charles River
Contractor Daily Rate Trend

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

Contractor daily rate trend for Charles River in the UK

Charles River
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Charles River over the 3 months to 25 June 2017.

Contractor daily rate histogram for Charles River in the UK

Charles River
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Charles River.

Contractor hourly rate trend for Charles River in the UK

Charles River
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Charles River within the UK over the 3 months to 25 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +46 45 £650 +6.12% 5
London +8 45 £650 +1.96% 4
City of London +12 16 £588 -12.96% 2
Scotland +38 5 £488 -7.14%
Edinburgh +10 5 £488 -7.14%

For the 6 months to 25 June 2017, IT contractor jobs citing Charles River also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Charles River.

1 71 (78.02%) Asset Management
2 50 (54.95%) Investment Management
3 38 (41.76%) Front Office
4 34 (37.36%) thinkFolio
5 22 (24.18%) Fixed Income
6 19 (20.88%) Markit EDM
7 18 (19.78%) Bloomberg
7 18 (19.78%) Hedge funds
8 17 (18.68%) Bloomberg AIM
9 15 (16.48%) Finance
10 14 (15.38%) Derivative
11 13 (14.29%) Data Management
11 13 (14.29%) Fund Management
11 13 (14.29%) SQL
12 12 (13.19%) Agile Software Development
13 11 (12.09%) MiFID
13 11 (12.09%) SimCorp
14 10 (10.99%) Foreign Exchange (FX)
14 10 (10.99%) Equities
15 8 (8.79%) Migration
15 8 (8.79%) Data Governance
16 7 (7.69%) SimCorp Dimension
17 6 (6.59%) Sentinel
17 6 (6.59%) Active Directory
18 5 (5.49%) Project Management
18 5 (5.49%) Microsoft Office
18 5 (5.49%) SAP
18 5 (5.49%) Service Management
18 5 (5.49%) Regression Testing
18 5 (5.49%) Banking

Charles River
Co-occurring IT Skills 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 4 (4.40%) MS Exchange
2 3 (3.30%) SharePoint
Applications
1 5 (5.49%) Microsoft Office
2 3 (3.30%) Microsoft Excel
Business Applications
1 34 (37.36%) thinkFolio
2 19 (20.88%) Markit EDM
3 17 (18.68%) Bloomberg AIM
4 7 (7.69%) SimCorp Dimension
5 6 (6.59%) Sentinel
6 5 (5.49%) LatentZero
7 3 (3.30%) SunGard APT
8 1 (1.10%) Bloomberg TOMS
8 1 (1.10%) Eagle PACE
Cloud Services
1 3 (3.30%) Basecamp
2 1 (1.10%) SaaS
Communications & Networking
1 2 (2.20%) LAN
2 1 (1.10%) FIX Connectivity
Database & Business Intelligence
1 4 (4.40%) SQL Server
2 2 (2.20%) SQL Server Integration Services
3 1 (1.10%) Crystal Reports
3 1 (1.10%) Data Warehouse
3 1 (1.10%) Relational Database
Development Applications
1 5 (5.49%) Subversion
2 3 (3.30%) Bugzilla
2 3 (3.30%) Cucumber
2 3 (3.30%) Git (software)
2 3 (3.30%) JBehave
2 3 (3.30%) JIRA
2 3 (3.30%) JUnit
2 3 (3.30%) Selenium
2 3 (3.30%) TestNG
2 3 (3.30%) WebDriver
General
1 38 (41.76%) Front Office
2 15 (16.48%) Finance
3 5 (5.49%) Banking
4 2 (2.20%) Investment Banking
5 1 (1.10%) Legal
Job Titles
1 56 (61.54%) Analyst
2 28 (30.77%) Business Analyst
3 16 (17.58%) Data Analyst
4 14 (15.38%) Project Manager
5 13 (14.29%) Front Office Business Analyst
6 8 (8.79%) Charles River Business Analyst
7 7 (7.69%) Asset Management Project Manager
7 7 (7.69%) IT Analyst
8 6 (6.59%) Senior Analyst
9 5 (5.49%) Senior Manager
9 5 (5.49%) Senior Project Manager
10 4 (4.40%) Compliance Analyst
10 4 (4.40%) Developer
10 4 (4.40%) IT Manager
10 4 (4.40%) IT Project Manager
10 4 (4.40%) Senior Business Analyst
11 3 (3.30%) Asset Management Analyst
11 3 (3.30%) Charles River Project Manager
11 3 (3.30%) Data Business Analyst
11 3 (3.30%) QA Automation Engineer
Libraries, Frameworks & Software Standards
1 4 (4.40%) SailPoint
2 2 (2.20%) .NET
2 2 (2.20%) .NET Framework
2 2 (2.20%) Entity Framework
2 2 (2.20%) FIX Protocol
3 1 (1.10%) Web Services
Miscellaneous
1 22 (24.18%) Fixed Income
2 18 (19.78%) Hedge funds
3 14 (15.38%) Derivative
4 10 (10.99%) Equities
4 10 (10.99%) Foreign Exchange (FX)
5 5 (5.49%) OTC Derivatives
6 2 (2.20%) Analytical Skills
6 2 (2.20%) Blackberry
6 2 (2.20%) Equity Derivative
6 2 (2.20%) Greenfield Project
6 2 (2.20%) iPad
6 2 (2.20%) iPhone
7 1 (1.10%) Pricing Data
7 1 (1.10%) Reference Data
Operating Systems
1 2 (2.20%) Windows
1 2 (2.20%) Windows 7
1 2 (2.20%) Windows XP
Processes & Methodologies
1 71 (78.02%) Asset Management
2 50 (54.95%) Investment Management
3 13 (14.29%) Data Management
3 13 (14.29%) Fund Management
4 12 (13.19%) Agile Software Development
5 8 (8.79%) Data Governance
5 8 (8.79%) Migration
6 5 (5.49%) Business Analysis
6 5 (5.49%) Continuous Integration
6 5 (5.49%) Identity Access Management
6 5 (5.49%) Portfolio Management
6 5 (5.49%) Project Management
6 5 (5.49%) Regression Testing
6 5 (5.49%) Service Management
6 5 (5.49%) Test Automation
7 4 (4.40%) Data Analysis
7 4 (4.40%) SDLC
7 4 (4.40%) Validation
8 3 (3.30%) Continuous Delivery
8 3 (3.30%) Test Strategy
Programming Languages
1 13 (14.29%) SQL
2 3 (3.30%) T-SQL
3 2 (2.20%) C#
3 2 (2.20%) PowerShell
3 2 (2.20%) Shell Script
4 1 (1.10%) PL/SQL
Qualifications
1 2 (2.20%) CFA
Quality Assurance & Compliance
1 11 (12.09%) MiFID
2 5 (5.49%) QA
3 3 (3.30%) SLA
4 1 (1.10%) AIFMD
4 1 (1.10%) EMIR
System Software
1 6 (6.59%) Active Directory
Systems Management
1 3 (3.30%) DatAdvantage
Vendors
1 18 (19.78%) Bloomberg
2 11 (12.09%) SimCorp
3 5 (5.49%) SAP
4 3 (3.30%) Citrix
4 3 (3.30%) Microsoft
4 3 (3.30%) ServiceNow
4 3 (3.30%) SunGard
4 3 (3.30%) Varonis
5 2 (2.20%) Salesforce.com
City, London
JM
Rate: £550 - £650 per day
Posted: 4 days ago