Exotic Derivative Contracts

Exotic Derivatives
UK

The table below looks at the prevalence of the term Exotic Derivative in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Exotic Derivative over the 6 months to 5 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank - 714 846
Rank change year-on-year - +132 -
Contract jobs citing Exotic Derivative 0 2 17
As % of all contract jobs advertised in the UK - 0.003% 0.019%
As % of the Miscellaneous category - 0.010% 0.058%
Number of daily rates quoted 0 0 17
10th Percentile - - £563
25th Percentile - - £600
Median daily rate (50th Percentile) - - £650
75th Percentile - - £700
90th Percentile - - £735
UK excluding London median daily rate - - -

All Generic Skills
UK

Exotic 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 with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,086 19,646 29,347
As % of all contract IT jobs advertised in the UK 30.32% 33.26% 33.07%
Number of daily rates quoted 8,417 13,497 20,479
10th Percentile £263 £309 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £656 £676 £657
90th Percentile £798 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.50%
Number of hourly rates quoted 902 642 722
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £30.14 £22.49 £27.25
Median % change year-on-year +34.04% -17.49% +3.52%
75th Percentile £61.30 £64.44 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £28.25 £22.00 £20.00
% change year-on-year +28.41% +10.00% -16.67%

Exotic Derivative
Job Vacancy Trend

Job postings citing Exotic Derivative as a proportion of all IT jobs advertised.

Job vacancy trend for Exotic Derivative in the UK

Exotic Derivative
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Exotic Derivative.

Daily rate trend for Exotic Derivative in the UK

Exotic Derivative
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Exotic Derivative.

Hourly rate trend for Exotic Derivative in the UK