The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Cognizant products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cognizant over the 3 months to 26 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 Cognizant Technology Solutions.

Cognizant
UK
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 602 645 634
Rank change year-on-year +43 -11  
Contract jobs citing Cognizant 5 6 7
As % of all contract IT jobs advertised in the UK 0.011% 0.011% 0.013%
As % of the Vendors category 0.024% 0.025% 0.028%
Number of daily rates quoted 4 4 5
Median daily rate £508 £413 £420
Median daily rate % change year-on-year +23.03% -1.78%  
90% offered a daily rate of more than £462 £413 £385
10% offered a daily rate of more than £760 £413 £620
UK excluding London median daily rate £465 £413 -
% change year-on-year +12.72% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Cognizant 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 20598 23854 24877
As % of all contract IT job vacancies advertised in the UK 43.81% 44.94% 44.48%
Number of daily rates quoted 12496 14691 14551
Median daily rate £425 £400 £388
Median daily rate % change year-on-year +6.25% +3.22%  
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £588 £572 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 715 814 1114
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 £18.07
% change year-on-year -14.63% +13.44%  

Cognizant
Job Vacancy Trend

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

Job vacancy trend for Cognizant in the UK

Cognizant
Contractor Daily Rate Trend

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

Contractor daily rate trend for Cognizant in the UK

Cognizant
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Cognizant over the 3 months to 26 June 2017.

Contractor daily rate histogram for Cognizant in the UK

Cognizant
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cognizant within the UK over the 3 months to 26 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 +33 5 £508 +23.03% 57
London -4 3 £550 - 39
South East +27 1 - - 1
City of London - 1 £550 -
Staines - 1 - -
Surrey - 1 - -
East Midlands - 1 £465 - 2

For the 6 months to 26 June 2017, IT contractor jobs citing Cognizant 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 Cognizant.

1 10 (41.67%) SQL
2 9 (37.50%) Unix
2 9 (37.50%) Middleware
2 9 (37.50%) Risk Management
3 8 (33.33%) Finance
3 8 (33.33%) Foreign Exchange (FX)
3 8 (33.33%) C++
3 8 (33.33%) STL
3 8 (33.33%) Algorithmic Trading
3 8 (33.33%) Multithreading
3 8 (33.33%) Boost C++ Libraries
3 8 (33.33%) Low Latency
3 8 (33.33%) Algorithms
3 8 (33.33%) Solace
4 6 (25.00%) Electronic Trading
4 6 (25.00%) MiFID
4 6 (25.00%) Migration
5 5 (20.83%) Fixed Income
6 4 (16.67%) Agile Software Development
6 4 (16.67%) IBM
6 4 (16.67%) Amazon AWS
7 3 (12.50%) High Availability
7 3 (12.50%) Matrix Management
7 3 (12.50%) N-Tier
7 3 (12.50%) Web Services
7 3 (12.50%) Project Management
8 2 (8.33%) CISSP
8 2 (8.33%) Cisco Certification
8 2 (8.33%) Java
8 2 (8.33%) Windows

Cognizant
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 1 (4.17%) FileNet
1 1 (4.17%) Oracle SOA Suite
1 1 (4.17%) WebSphere
Applications
1 1 (4.17%) Microsoft Excel
1 1 (4.17%) Microsoft Office
Cloud Services
1 4 (16.67%) Amazon AWS
2 1 (4.17%) IaaS
2 1 (4.17%) Microsoft Azure
2 1 (4.17%) Office 365
2 1 (4.17%) PaaS
2 1 (4.17%) SaaS
Communications & Networking
1 1 (4.17%) Firewall
1 1 (4.17%) Skype
Database & Business Intelligence
1 1 (4.17%) Amazon RDS
1 1 (4.17%) Apache Cassandra
1 1 (4.17%) DB2
1 1 (4.17%) MongoDB
1 1 (4.17%) NoSQL
1 1 (4.17%) Oracle Database
1 1 (4.17%) PostgreSQL
General
1 8 (33.33%) Finance
2 2 (8.33%) Banking
3 1 (4.17%) Front Office
3 1 (4.17%) Games
3 1 (4.17%) Local Government
Job Titles
1 8 (33.33%) C++ Developer
1 8 (33.33%) Developer
2 6 (25.00%) Project Manager
3 4 (16.67%) Low Latency C++ Developer
4 2 (8.33%) Analyst
4 2 (8.33%) Architect
4 2 (8.33%) AWS Architect
4 2 (8.33%) CISSP Architect
4 2 (8.33%) Cloud Architect
4 2 (8.33%) DBA
4 2 (8.33%) Security Architect
4 2 (8.33%) Senior Manager
4 2 (8.33%) Senior Project Manager
4 2 (8.33%) Transition Manager
5 1 (4.17%) Cloud Infrastructure Manager
5 1 (4.17%) Middleware Project Manager
5 1 (4.17%) Office 365 Manager
5 1 (4.17%) Product Owner
5 1 (4.17%) Production DBA
5 1 (4.17%) Transition Project Manager
Libraries, Frameworks & Software Standards
1 9 (37.50%) Middleware
2 8 (33.33%) Boost C++ Libraries
2 8 (33.33%) STL
3 3 (12.50%) Web Services
4 1 (4.17%) .NET
4 1 (4.17%) EDI
4 1 (4.17%) SAP PI
4 1 (4.17%) WebSphere MQ
Miscellaneous
1 8 (33.33%) Algorithms
1 8 (33.33%) Foreign Exchange (FX)
2 5 (20.83%) Fixed Income
3 3 (12.50%) N-Tier
4 2 (8.33%) Data Centre
4 2 (8.33%) Greenfield Project
4 2 (8.33%) Public Cloud
5 1 (4.17%) Analytical Skills
5 1 (4.17%) Client/Server
5 1 (4.17%) Computer Science
5 1 (4.17%) Management Information System
5 1 (4.17%) User Experience
Operating Systems
1 9 (37.50%) Unix
2 2 (8.33%) Windows
3 1 (4.17%) AIX
3 1 (4.17%) Linux
3 1 (4.17%) Windows 10
3 1 (4.17%) Windows 7
3 1 (4.17%) Windows Server
Processes & Methodologies
1 9 (37.50%) Risk Management
2 8 (33.33%) Algorithmic Trading
2 8 (33.33%) Low Latency
2 8 (33.33%) Multithreading
3 6 (25.00%) Electronic Trading
3 6 (25.00%) Migration
4 4 (16.67%) Agile Software Development
5 3 (12.50%) High Availability
5 3 (12.50%) Matrix Management
5 3 (12.50%) Project Management
6 2 (8.33%) Information Security
6 2 (8.33%) Open Source
6 2 (8.33%) PRINCE2
6 2 (8.33%) Quality Management
6 2 (8.33%) Scrum
7 1 (4.17%) Capacity Planning
7 1 (4.17%) Data Migration
7 1 (4.17%) Test Automation
7 1 (4.17%) Time Management
7 1 (4.17%) Use Case
Programming Languages
1 10 (41.67%) SQL
2 8 (33.33%) C++
3 2 (8.33%) Java
4 1 (4.17%) PL/SQL
Qualifications
1 2 (8.33%) (ISC)2 CCSP
1 2 (8.33%) Cisco Certification
1 2 (8.33%) CISSP
1 2 (8.33%) Degree
1 2 (8.33%) SANS
1 2 (8.33%) Security Cleared
2 1 (4.17%) Computer Science Degree
2 1 (4.17%) ITIL Certification
2 1 (4.17%) Master's Degree
2 1 (4.17%) PRINCE2 Certification
Quality Assurance & Compliance
1 6 (25.00%) MiFID
2 1 (4.17%) PMO
2 1 (4.17%) SLA
System Software
1 1 (4.17%) Active Directory
1 1 (4.17%) Microsoft App-V
Systems Management
1 1 (4.17%) SCCM
Vendors
1 8 (33.33%) Solace
2 4 (16.67%) IBM
3 1 (4.17%) AppSense
3 1 (4.17%) Fujitsu
3 1 (4.17%) Informatica
3 1 (4.17%) Microsoft
3 1 (4.17%) Oracle
3 1 (4.17%) SAP
3 1 (4.17%) Vignette
London
Austin Fraser
Rate: NEG
Posted: 5 days ago