Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for Physics skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Physics over the 6 months to 24 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.

Physics
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 624 758 727
Rank change year-on-year +134 -31 +17
Contract jobs citing Physics 278 128 167
As % of all contract IT jobs advertised in the UK 0.27% 0.12% 0.15%
As % of the Processes & Methodologies category 0.32% 0.15% 0.18%
Number of daily rates quoted 211 89 117
UK median daily rate £600 £450 £550
Median daily rate % change year-on-year +33.33% -18.18% -6.78%
10th Percentile £356 £268 £299
90th Percentile £913 £913 £738
UK excluding London median daily rate £450 £362 £388
% change year-on-year +24.31% -6.58% +10.71%
Number of hourly rates quoted 3 2 18
UK median hourly rate £15.50 £15.44 £37.50
Median hourly rate % change year-on-year +0.39% -58.83% -11.76%
10th Percentile £15.05 £13.93 £35.00
90th Percentile £39.15 £17.45 £40.81
UK excluding London median hourly rate £15.50 £13.63 £37.50
% change year-on-year +13.72% -63.65% -7.41%

Physics is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 87050 88088 93684
As % of all contract IT jobs advertised in the UK 84.46% 83.89% 81.81%
Number of daily rates quoted 58011 58216 60663
UK median daily rate £450 £425 £415
Median daily rate % change year-on-year +5.88% +2.41% +3.75%
10th Percentile £281 £263 £263
90th Percentile £635 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2044 2370 2759
UK median hourly rate £23.75 £23.72 £22.50
Median hourly rate % change year-on-year +0.15% +5.40% +18.42%
10th Percentile £11.37 £11.25 £11.28
90th Percentile £49.93 £48.75 £47.71
UK excluding London median hourly rate £24.00 £24.00 £23.75
% change year-on-year - +1.05% +18.75%

Physics
Job Vacancy Trend

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

Job vacancy trend for Physics in the UK

Physics
Contractor Daily Rate Trend

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

Contractor daily rate trend for Physics in the UK

Physics
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Physics over the 6 months to 24 November 2017.

Contractor daily rate histogram for Physics in the UK

Physics
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Physics in the UK

Physics
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Physics over the 6 months to 24 November 2017.

Contractor hourly rate histogram for Physics in the UK

Physics
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Physics within the UK over the 6 months to 24 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 +123 246 £600 +26.32% 144
London +99 179 £650 +8.33% 52
UK excluding London +69 88 £450 +24.31% 97
South East +14 20 £425 +41.67% 35
East of England +9 20 £334 +3.49% 39
Northern Ireland - 12 £600 -
South West -3 10 £363 -27.50% 2
North of England +61 9 £350 - 11
North West +35 9 £350 - 7
Midlands +31 8 £475 +26.67% 5
Scotland +4 7 - - 5
West Midlands +22 6 £475 +31.22% 3
Wales +12 2 - -
East Midlands -3 2 £423 +12.67% 2

For the 6 months to 24 November 2017, IT contractor jobs citing Physics 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 Physics.

1 222 (79.86%) Mathematics
2 141 (50.72%) Degree
3 122 (43.88%) C++
4 119 (42.81%) Python
5 118 (42.45%) Finance
6 116 (41.73%) Computer Science
7 83 (29.86%) C#
8 70 (25.18%) PhD
9 60 (21.58%) Java
9 60 (21.58%) Analytical Skills
10 55 (19.78%) Statistics
11 54 (19.42%) Validation
12 53 (19.06%) Front Office
13 52 (18.71%) Analytics
14 47 (16.91%) SQL
15 44 (15.83%) Banking
16 43 (15.47%) Machine Learning
16 43 (15.47%) QA
17 42 (15.11%) Credit Risk
18 40 (14.39%) R
18 40 (14.39%) Derivative
19 38 (13.67%) Stochastic Modelling
20 37 (13.31%) Quantitative Finance
21 36 (12.95%) OO
21 36 (12.95%) Benchmarking
22 34 (12.23%) Internal Audit
23 32 (11.51%) Quantitative Research
24 29 (10.43%) Foreign Exchange (FX)
25 28 (10.07%) Market Risk
25 28 (10.07%) Investment Banking

Physics
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 6 (2.16%) Apache Spark
2 3 (1.08%) Apache Pig
2 3 (1.08%) SAS
3 2 (0.72%) Elasticsearch
4 1 (0.36%) Apache
4 1 (0.36%) Apache Solr
4 1 (0.36%) CMS
4 1 (0.36%) Confluence
4 1 (0.36%) Drupal
4 1 (0.36%) IIS
4 1 (0.36%) Jupyter
4 1 (0.36%) Sitecore CMS
4 1 (0.36%) Umbraco
4 1 (0.36%) WordPress
Applications
1 7 (2.52%) Microsoft Excel
2 4 (1.44%) Microsoft Office
3 1 (0.36%) Doxygen
3 1 (0.36%) Microsoft PowerPoint
3 1 (0.36%) Spreadsheet
3 1 (0.36%) SPSS
Business Applications
1 1 (0.36%) ReMetrica
1 1 (0.36%) SAP Business One
Cloud Services
1 15 (5.40%) Amazon AWS
2 5 (1.80%) PaaS
3 4 (1.44%) Google Cloud Platform
3 4 (1.44%) Microsoft Azure
4 3 (1.08%) GitHub
5 2 (0.72%) Amazon EC2
5 2 (0.72%) Amazon S3
5 2 (0.72%) Cloud Computing
6 1 (0.36%) Google Analytics
6 1 (0.36%) iTunes
6 1 (0.36%) npm
6 1 (0.36%) Yarn
Communications & Networking
1 9 (3.24%) DNS
2 8 (2.88%) Cisco ASA
2 8 (2.88%) DHCP
2 8 (2.88%) Firewall
2 8 (2.88%) TCP/IP
3 7 (2.52%) HTTP
3 7 (2.52%) LDAP
3 7 (2.52%) Network Security
4 6 (2.16%) BGP
4 6 (2.16%) Ethernet
4 6 (2.16%) FTP
4 6 (2.16%) IPsec
4 6 (2.16%) Junos
4 6 (2.16%) OpenVPN
4 6 (2.16%) Quagga
4 6 (2.16%) SSL
4 6 (2.16%) VPN
4 6 (2.16%) Wireless
5 5 (1.80%) MPLS
5 5 (1.80%) OSPF
Database & Business Intelligence
1 21 (7.55%) Big Data
2 16 (5.76%) KDB
2 16 (5.76%) SQL Server
3 14 (5.04%) Hadoop
4 10 (3.60%) NoSQL
5 9 (3.24%) Relational Database
6 8 (2.88%) SQL Server 2016
7 7 (2.52%) MongoDB
7 7 (2.52%) Neo4j
8 6 (2.16%) Data Mining
9 4 (1.44%) Apache Hive
10 3 (1.08%) Apache Cassandra
10 3 (1.08%) BigQuery
10 3 (1.08%) HBase
10 3 (1.08%) Mahout
10 3 (1.08%) Text Mining
11 1 (0.36%) KNIME
11 1 (0.36%) NonStop SQL
11 1 (0.36%) SQL Server Integration Services
11 1 (0.36%) SQL Server Reporting Services
Development Applications
1 10 (3.60%) Git (software)
2 8 (2.88%) JIRA
3 6 (2.16%) Cucumber
3 6 (2.16%) Rational DOORS
4 5 (1.80%) Selenium
4 5 (1.80%) Visual Studio
5 4 (1.44%) Subversion
5 4 (1.44%) WebDriver
6 3 (1.08%) Jenkins
7 2 (0.72%) Visual Studio Team System
8 1 (0.36%) GCC
8 1 (0.36%) GDB
8 1 (0.36%) Grunt
8 1 (0.36%) gulp
8 1 (0.36%) MSBuild
8 1 (0.36%) NuGet
8 1 (0.36%) RStudio
8 1 (0.36%) SQL Server Management Studio (SSMS)
8 1 (0.36%) Team Foundation Server
8 1 (0.36%) TeamCity
General
1 118 (42.45%) Finance
2 53 (19.06%) Front Office
3 44 (15.83%) Banking
4 28 (10.07%) Investment Banking
5 16 (5.76%) Financial Institution
6 13 (4.68%) Electronics
7 11 (3.96%) Marketing
8 8 (2.88%) Aerospace
9 7 (2.52%) Telecoms
10 6 (2.16%) Games
11 3 (1.08%) Manufacturing
12 2 (0.72%) Advertising
12 2 (0.72%) Legal
12 2 (0.72%) Military
12 2 (0.72%) Pharmaceutical
13 1 (0.36%) Automotive
13 1 (0.36%) Digital Economy
13 1 (0.36%) Publishing
Job Titles
1 111 (39.93%) Developer
2 60 (21.58%) Analyst
3 51 (18.35%) Quantitative Developer
4 46 (16.55%) Qualitative Analyst
4 46 (16.55%) Quantitative Analyst
5 44 (15.83%) Data Scientist
6 36 (12.95%) Risk Analyst
7 35 (12.59%) Quantitative Risk Analyst
8 34 (12.23%) C++ Developer
9 29 (10.43%) C++ Quantitative Developer
10 24 (8.63%) Java Developer
11 22 (7.91%) C# Developer
12 20 (7.19%) Credit Analyst
12 20 (7.19%) Credit Risk Analyst
12 20 (7.19%) Python Developer
13 18 (6.47%) Credit Risk Developer
13 18 (6.47%) Investment Banking C++ Developer
14 14 (5.04%) Java Quantitative Developer
14 14 (5.04%) Market Risk Analyst
15 13 (4.68%) Pricing Analyst
Libraries, Frameworks & Software Standards
1 25 (8.99%) .NET
2 9 (3.24%) Pandas
2 9 (3.24%) WPF
3 8 (2.88%) Entity Framework
3 8 (2.88%) HTML
3 8 (2.88%) scikit-learn
4 6 (2.16%) XML
5 5 (1.80%) JSON
5 5 (1.80%) MSMQ
5 5 (1.80%) Natural Language Processing
5 5 (1.80%) NumPy
5 5 (1.80%) RabbitMQ
5 5 (1.80%) Web Services
6 4 (1.44%) CSS
6 4 (1.44%) REST
7 3 (1.08%) .NET Framework
7 3 (1.08%) JNI
7 3 (1.08%) Middleware
7 3 (1.08%) Node.js
7 3 (1.08%) Spring
Miscellaneous
1 116 (41.73%) Computer Science
2 60 (21.58%) Analytical Skills
3 42 (15.11%) Credit Risk
4 40 (14.39%) Derivative
5 29 (10.43%) Foreign Exchange (FX)
6 28 (10.07%) Market Risk
7 27 (9.71%) Algorithms
8 15 (5.40%) Greenfield Project
9 12 (4.32%) Management Information System
10 6 (2.16%) Data Centre
11 5 (1.80%) Data Structures
11 5 (1.80%) Hedge funds
12 4 (1.44%) Embedded Systems
12 4 (1.44%) Public Cloud
13 3 (1.08%) Fixed Income
14 2 (0.72%) Fintech
14 2 (0.72%) User Experience
15 1 (0.36%) Acoustics
15 1 (0.36%) Renewable Energy
15 1 (0.36%) Virtual Team
Operating Systems
1 26 (9.35%) Linux
2 24 (8.63%) Windows
3 18 (6.47%) Unix
4 6 (2.16%) Windows Server 2008
5 3 (1.08%) Android
5 3 (1.08%) Windows Server
6 2 (0.72%) Apple iOS
7 1 (0.36%) Mac OS X
7 1 (0.36%) VMS
Processes & Methodologies
1 222 (79.86%) Mathematics
2 55 (19.78%) Statistics
3 54 (19.42%) Validation
4 52 (18.71%) Analytics
5 43 (15.47%) Machine Learning
6 38 (13.67%) Stochastic Modelling
7 37 (13.31%) Quantitative Finance
8 36 (12.95%) Benchmarking
8 36 (12.95%) OO
9 34 (12.23%) Internal Audit
10 32 (11.51%) Quantitative Research
11 27 (9.71%) Agile Software Development
12 26 (9.35%) TDD
13 25 (8.99%) Multithreading
14 23 (8.27%) Test Strategy
15 21 (7.55%) Credit Risk Modelling
16 20 (7.19%) Electronic Trading
17 19 (6.83%) Software Engineering
18 18 (6.47%) OOP
19 17 (6.12%) Low Latency
Programming Languages
1 122 (43.88%) C++
2 119 (42.81%) Python
3 83 (29.86%) C#
4 60 (21.58%) Java
5 47 (16.91%) SQL
6 40 (14.39%) R
7 14 (5.04%) C
7 14 (5.04%) Shell Script
8 13 (4.68%) Perl
9 12 (4.32%) Ruby
10 9 (3.24%) JavaScript
10 9 (3.24%) Scala
11 7 (2.52%) Bash Shell
11 7 (2.52%) Korn
11 7 (2.52%) MATLAB
12 6 (2.16%) C-shell
12 6 (2.16%) Embedded C
13 5 (1.80%) Go
13 5 (1.80%) VB
13 5 (1.80%) VBA
Qualifications
1 141 (50.72%) Degree
2 70 (25.18%) PhD
3 18 (6.47%) Numerate Degree
4 16 (5.76%) Computer Science Degree
5 11 (3.96%) Master's Degree
5 11 (3.96%) Security Cleared
6 9 (3.24%) SC Cleared
7 2 (0.72%) BPSS Clearance
7 2 (0.72%) DV Cleared
8 1 (0.36%) A+ Certification
8 1 (0.36%) CompTIA Security+
8 1 (0.36%) ISTQB
8 1 (0.36%) ISTQB Advanced Certification
8 1 (0.36%) ISTQB Foundation Certification
8 1 (0.36%) Network+ Certification
8 1 (0.36%) Postgraduate
8 1 (0.36%) Security+ Certification
8 1 (0.36%) Sun Certification
Quality Assurance & Compliance
1 43 (15.47%) QA
2 8 (2.88%) EMIR
3 6 (2.16%) Data Quality
4 3 (1.08%) GDPR
5 2 (0.72%) MISRA
5 2 (0.72%) MISRA C
6 1 (0.36%) ECSS
6 1 (0.36%) IEC 61508
6 1 (0.36%) IEC 62304
6 1 (0.36%) ISO 26262
6 1 (0.36%) ISO 9001
6 1 (0.36%) ISO/IEC 17025
System Software
1 8 (2.88%) Hyper-V
2 6 (2.16%) Openswan
3 5 (1.80%) NFS
3 5 (1.80%) pfSense
4 2 (0.72%) Active Directory
4 2 (0.72%) QEMU
4 2 (0.72%) VMware Infrastructure
5 1 (0.36%) Firmware
Systems Management
1 6 (2.16%) Ansible
2 5 (1.80%) Mesos
3 2 (0.72%) FortiGate
4 1 (0.36%) HP Quality Center
4 1 (0.36%) Terraform
4 1 (0.36%) WSUS
Vendors
1 8 (2.88%) Cisco
1 8 (2.88%) Juniper
2 7 (2.52%) Fortinet
2 7 (2.52%) Palo Alto
3 6 (2.16%) Alcatel-Lucent
3 6 (2.16%) Arista
3 6 (2.16%) Microsoft
3 6 (2.16%) Splunk
3 6 (2.16%) Vyatta
4 5 (1.80%) Brocade
4 5 (1.80%) CheckPoint
4 5 (1.80%) Citrix
4 5 (1.80%) Extreme Networks
4 5 (1.80%) F5
4 5 (1.80%) Google
4 5 (1.80%) SonicWALL
5 4 (1.44%) Tableau
6 2 (0.72%) Meraki
6 2 (0.72%) NetApp
6 2 (0.72%) VMware