Period
to 19 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for Minerva skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Minerva over the 6 months to 19 November 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.

Fidessa LatentZero Minerva
UK
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 868 885 886
Rank change year-on-year +17 +1 -35
Contract jobs citing Minerva 7 11 6
As % of all contract IT jobs advertised in the UK 0.007% 0.010% 0.005%
As % of the Business Applications category 0.087% 0.13% 0.064%
Number of daily rates quoted 2 5 4
UK median daily rate £506 £450 £428
Median daily rate % change year-on-year +12.50% +5.26% -10.00%
10th Percentile £404 £418 £320
90th Percentile £613 £488 £499
UK excluding London median daily rate - - £280
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

Minerva is in the Business Applications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for business application skills.

All Business Application Skills
UK
Contract vacancies with a requirement for business application skills 8032 8699 9426
As % of all contract IT jobs advertised in the UK 7.92% 8.30% 8.22%
Number of daily rates quoted 4732 5187 5256
UK median daily rate £470 £440 £438
Median daily rate % change year-on-year +6.82% +0.57% +1.74%
10th Percentile £306 £300 £275
90th Percentile £650 £600 £600
UK excluding London median daily rate £438 £425 £420
% change year-on-year +3.00% +1.19% +5.00%
Number of hourly rates quoted 87 96 143
UK median hourly rate £29.00 £31.00 £28.50
Median hourly rate % change year-on-year -6.45% +8.77% -4.20%
10th Percentile £12.26 £10.23 £12.00
90th Percentile £64.97 £99.00 £52.47
UK excluding London median hourly rate £30.00 £31.00 £27.47
% change year-on-year -3.23% +12.85% -12.79%

Minerva
Job Vacancy Trend

Job postings citing Minerva as a percentage of all IT jobs advertised.

Job vacancy trend for Minerva in the UK

Minerva
Contractor Daily Rate Trend

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

Contractor daily rate trend for Minerva in the UK

Minerva
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Minerva over the 6 months to 19 November 2017.

Contractor daily rate histogram for Minerva in the UK

Minerva
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Minerva within the UK over the 6 months to 19 November 2017. 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
Job
Vacancies
England +19 7 £506 +12.50%
London -30 7 £506 +12.50%

For the 6 months to 19 November 2017, IT contractor jobs citing Minerva 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 Minerva.

1 6 (85.71%) Fidessa
1 6 (85.71%) Asset Management
2 4 (57.14%) MiFID
2 4 (57.14%) Sentinel
3 3 (42.86%) Front Office
4 2 (28.57%) Finance
4 2 (28.57%) Scenario Testing
4 2 (28.57%) Functional Testing
4 2 (28.57%) User Acceptance Testing
4 2 (28.57%) Test Scripting
5 1 (14.29%) Manual Testing
5 1 (14.29%) Investment Management
5 1 (14.29%) Bloomberg AIM
5 1 (14.29%) thinkFolio
5 1 (14.29%) Bloomberg
5 1 (14.29%) LongView
5 1 (14.29%) Charles River
5 1 (14.29%) LatentZero
5 1 (14.29%) Business Analysis

Minerva
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:

Business Applications
1 4 (57.14%) Sentinel
2 1 (14.29%) Bloomberg AIM
2 1 (14.29%) LatentZero
2 1 (14.29%) LongView
2 1 (14.29%) thinkFolio
General
1 3 (42.86%) Front Office
2 2 (28.57%) Finance
Job Titles
1 4 (57.14%) Tester
2 3 (42.86%) Analyst
2 3 (42.86%) Systems Tester
3 2 (28.57%) Test Analyst
4 1 (14.29%) Business Analyst
4 1 (14.29%) Fidessa Analyst
4 1 (14.29%) Fidessa Test Analyst
4 1 (14.29%) Financial Analyst
4 1 (14.29%) Front Office Business Analyst
4 1 (14.29%) Service Analyst
4 1 (14.29%) Service Management Analyst
Processes & Methodologies
1 6 (85.71%) Asset Management
2 2 (28.57%) Functional Testing
2 2 (28.57%) Scenario Testing
2 2 (28.57%) Test Scripting
2 2 (28.57%) User Acceptance Testing
3 1 (14.29%) Business Analysis
3 1 (14.29%) Investment Management
3 1 (14.29%) Manual Testing
Quality Assurance & Compliance
1 4 (57.14%) MiFID
Vendors
1 6 (85.71%) Fidessa
2 1 (14.29%) Bloomberg
2 1 (14.29%) Charles River