The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of FactSet products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FactSet over the 3 months to 22 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 FactSet Research Systems, Inc.

FactSet
UK
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 603 639 634
Rank change year-on-year +36 -5  
Contract jobs citing FactSet 12 6 9
As % of all contract IT jobs advertised in the UK 0.026% 0.011% 0.016%
As % of the Vendors category 0.058% 0.025% 0.036%
Number of daily rates quoted 11 5 5
Median daily rate £550 £240 £225
Median daily rate % change year-on-year +129.16% +6.66%  
UK excluding London median daily rate £550 £288 £550
% change year-on-year +91.30% -47.72%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FactSet 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 20543 24211 25040
As % of all contract IT job vacancies advertised in the UK 43.83% 44.90% 44.54%
Number of daily rates quoted 12469 14933 14677
Median daily rate £425 £400 £398
Median daily rate % change year-on-year +6.25% +0.62%  
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £588 £569 £550
UK excluding London median daily rate £400 £375 £363
% change year-on-year +6.66% +3.44%  
Number of hourly rates quoted 717 824 1120
Median hourly rate £18.50 £20.39 £18.88
Median hourly rate % change year-on-year -9.26% +7.99%  
90% offered a hourly rate of more than £11.23 £11.50 £11.17
10% offered a hourly rate of more than £50.00 £43.00 £42.50
UK excluding London median hourly rate £17.50 £20.50 £18.50
% change year-on-year -14.63% +10.81%  

FactSet
Job Vacancy Trend

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

Job vacancy trend for FactSet in the UK

FactSet
Contractor Daily Rate Trend

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

Contractor daily rate trend for FactSet in the UK

FactSet
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing FactSet over the 3 months to 22 June 2017.

Contractor daily rate histogram for FactSet in the UK

FactSet
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for FactSet in the UK

FactSet
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 FactSet within the UK over the 3 months to 22 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
Edinburgh - 8 £550 -
Scotland - 8 £550 -
England +46 4 £325 +39.78% 4
London +15 4 £325 +35.41% 4
City of London +6 3 £325 +106.34%

For the 6 months to 22 June 2017, IT contractor jobs citing FactSet 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 FactSet.

1 17 (85.00%) Bloomberg
2 16 (80.00%) Finance
3 14 (70.00%) Asset Management
4 13 (65.00%) SQL
5 10 (50.00%) SQL Server
6 8 (40.00%) Data Modelling
6 8 (40.00%) Data Management
6 8 (40.00%) Microsoft Analysis Services
6 8 (40.00%) SQL Server Reporting Services
6 8 (40.00%) SQL Server Analysis Services
6 8 (40.00%) Markit EDM
7 5 (25.00%) Investment Management
7 5 (25.00%) Python
8 4 (20.00%) C#
8 4 (20.00%) Oracle
8 4 (20.00%) Front Office
8 4 (20.00%) Banking
9 3 (15.00%) Fixed Income
9 3 (15.00%) StatPro
9 3 (15.00%) PL/SQL
9 3 (15.00%) .NET
9 3 (15.00%) Unix
9 3 (15.00%) Windows
9 3 (15.00%) Linux
9 3 (15.00%) SCCM
9 3 (15.00%) Eikon
9 3 (15.00%) Performance Attribution
10 2 (10.00%) Sylvan
10 2 (10.00%) FINCAD Analytics
10 2 (10.00%) Oracle Exadata

FactSet
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:

Applications
1 2 (10.00%) Microsoft Excel
2 1 (5.00%) Microsoft Office
Business Applications
1 8 (40.00%) Markit EDM
2 3 (15.00%) Eikon
3 2 (10.00%) FINCAD Analytics
3 2 (10.00%) Sylvan
4 1 (5.00%) Remedy ITSM
Cloud Services
1 1 (5.00%) Office 365
Database & Business Intelligence
1 10 (50.00%) SQL Server
2 8 (40.00%) Microsoft Analysis Services
2 8 (40.00%) SQL Server Analysis Services
2 8 (40.00%) SQL Server Reporting Services
3 2 (10.00%) Data Warehouse
3 2 (10.00%) Oracle Database
3 2 (10.00%) Oracle Database 12c
3 2 (10.00%) Oracle Exadata
3 2 (10.00%) SQL Server 2008
General
1 16 (80.00%) Finance
2 4 (20.00%) Banking
2 4 (20.00%) Front Office
3 2 (10.00%) Investment Banking
4 1 (5.00%) Back Office
4 1 (5.00%) Marketing
Job Titles
1 10 (50.00%) Consultant
2 5 (25.00%) Developer
3 4 (20.00%) Python Developer
4 3 (15.00%) Analyst
4 3 (15.00%) Desktop Support
4 3 (15.00%) SQL Developer
5 2 (10.00%) Business Consultant
5 2 (10.00%) C# Developer
5 2 (10.00%) Desktop Engineer
5 2 (10.00%) Front Office Developer
5 2 (10.00%) Oracle Developer
5 2 (10.00%) PL/SQL Developer
5 2 (10.00%) Quantitative Developer
5 2 (10.00%) Software Consultant
5 2 (10.00%) SQL Server Developer
6 1 (5.00%) Analyst Developer
6 1 (5.00%) Banking Analyst
6 1 (5.00%) Desktop Analyst
6 1 (5.00%) Desktop Support Engineer
6 1 (5.00%) Performance Analyst
Libraries, Frameworks & Software Standards
1 3 (15.00%) .NET
Miscellaneous
1 3 (15.00%) Fixed Income
2 2 (10.00%) Derivative
2 2 (10.00%) Equities
2 2 (10.00%) Market Risk
Operating Systems
1 3 (15.00%) Linux
1 3 (15.00%) Unix
1 3 (15.00%) Windows
2 2 (10.00%) Windows 10
3 1 (5.00%) Mac OS
Processes & Methodologies
1 14 (70.00%) Asset Management
2 8 (40.00%) Data Management
2 8 (40.00%) Data Modelling
3 5 (25.00%) Investment Management
4 3 (15.00%) Performance Attribution
5 2 (10.00%) Mathematics
5 2 (10.00%) Migration
5 2 (10.00%) RAD
6 1 (5.00%) Analytics
6 1 (5.00%) Configuration Management
6 1 (5.00%) ITIL
6 1 (5.00%) ITSM
6 1 (5.00%) Problem Management
6 1 (5.00%) Process Improvement
6 1 (5.00%) Release Management
Programming Languages
1 13 (65.00%) SQL
2 5 (25.00%) Python
3 4 (20.00%) C#
4 3 (15.00%) PL/SQL
5 2 (10.00%) MATLAB
5 2 (10.00%) VBA
6 1 (5.00%) Java
Qualifications
1 1 (5.00%) CFA
1 1 (5.00%) ITIL Certification
1 1 (5.00%) MCP
1 1 (5.00%) MCSA
1 1 (5.00%) MCSE
1 1 (5.00%) Microsoft Certification
1 1 (5.00%) MOS
System Software
1 2 (10.00%) Microsoft App-V
2 1 (5.00%) Active Directory
Systems Management
1 3 (15.00%) SCCM
2 2 (10.00%) Control-M
Vendors
1 17 (85.00%) Bloomberg
2 4 (20.00%) Oracle
3 3 (15.00%) StatPro
4 2 (10.00%) BISAM
4 2 (10.00%) Microsoft
4 2 (10.00%) Reuters
5 1 (5.00%) Fidessa
5 1 (5.00%) MobileIron
5 1 (5.00%) Remedy
5 1 (5.00%) Sybase
London
Haysfm
Rate: £650.00 - £750.00 per day
Posted: 3 days ago