Period
to 21 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for Quantitative Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Quantitative Analysis over the 6 months to 21 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.

Quantitative Analysis
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 827 838 859
Rank change year-on-year +11 +21 -24
Contract jobs citing Quantitative Analysis 50 43 29
As % of all contract IT jobs advertised in the UK 0.048% 0.041% 0.026%
As % of the Processes & Methodologies category 0.057% 0.049% 0.031%
Number of daily rates quoted 28 19 22
UK median daily rate £420 £305 £575
Median daily rate % change year-on-year +37.70% -46.96% +27.78%
10th Percentile £301 £284 £357
90th Percentile £711 £528 £750
UK excluding London median daily rate £312 £450 £550
% change year-on-year -30.78% -18.18% +71.88%
Number of hourly rates quoted 3 3 0
UK median hourly rate £28.00 £20.00 -
Median hourly rate % change year-on-year +40.00% - -
UK excluding London median hourly rate £34.50 - -

Quantitative Analysis 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 87132 87864 92880
As % of all contract IT jobs advertised in the UK 84.49% 83.90% 81.77%
Number of daily rates quoted 58048 58076 60168
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £630 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2060 2332 2734
UK median hourly rate £23.50 £24.00 £22.50
Median hourly rate % change year-on-year -2.08% +6.67% +18.42%
10th Percentile £11.49 £11.31 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.00 £24.50 £23.75
% change year-on-year -2.04% +3.16% +18.75%

Quantitative Analysis
Job Vacancy Trend

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

Job vacancy trend for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Daily Rate Trend

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

Contractor daily rate trend for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Quantitative Analysis over the 6 months to 21 November 2017.

Contractor daily rate histogram for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Quantitative Analysis in the UK

Quantitative Analysis
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Quantitative Analysis over the 6 months to 21 November 2017.

Contractor hourly rate histogram for Quantitative Analysis in the UK

Quantitative Analysis
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 6 months to 21 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 +21 45 £420 +37.70% 11
London -13 31 £422 +38.20% 6
UK excluding London +18 17 £312 -30.78% 5
North East +71 7 £311 -30.89%
North of England +59 7 £311 -30.89% 1
Scotland -5 3 - -
South East -10 3 - - 2
East of England - 2 - - 1
South West - 2 £325 -

For the 6 months to 21 November 2017, IT contractor jobs citing Quantitative Analysis 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 Quantitative Analysis.

1 20 (40.00%) Finance
2 16 (32.00%) Analytics
3 13 (26.00%) Analytical Skills
4 12 (24.00%) SQL
5 11 (22.00%) Microsoft Excel
5 11 (22.00%) Microsoft
5 11 (22.00%) Risk Management
5 11 (22.00%) Agile Software Development
6 9 (18.00%) Stakeholder Management
7 8 (16.00%) Change Management
7 8 (16.00%) Python
8 7 (14.00%) Windows
8 7 (14.00%) SQL Server
8 7 (14.00%) Statistics
8 7 (14.00%) Degree
8 7 (14.00%) Project Planning
8 7 (14.00%) Tableau
8 7 (14.00%) Resource Levelling
9 6 (12.00%) R
9 6 (12.00%) Mathematics
9 6 (12.00%) PRINCE2
9 6 (12.00%) ETL
10 5 (10.00%) SAS
10 5 (10.00%) SLA
10 5 (10.00%) SAN
10 5 (10.00%) SPSS
10 5 (10.00%) ITIL
10 5 (10.00%) VBA
10 5 (10.00%) Disaster Recovery
10 5 (10.00%) Replication

Quantitative Analysis
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 5 (10.00%) SAS
2 1 (2.00%) Confluence
Applications
1 11 (22.00%) Microsoft Excel
2 5 (10.00%) SPSS
3 2 (4.00%) Microsoft Office
3 2 (4.00%) Microsoft PowerPoint
3 2 (4.00%) Stata
Cloud Services
1 4 (8.00%) Google Analytics
2 3 (6.00%) Cloud Computing
3 1 (2.00%) Office 365
Communications & Networking
1 5 (10.00%) SAN
2 3 (6.00%) Internet
3 2 (4.00%) SMS
Database & Business Intelligence
1 7 (14.00%) SQL Server
2 3 (6.00%) Data Warehouse
3 2 (4.00%) Data Mining
3 2 (4.00%) Endeca
3 2 (4.00%) Power BI
3 2 (4.00%) Qlik Sense
3 2 (4.00%) QlikView
4 1 (2.00%) Big Data
4 1 (2.00%) Blockchain
4 1 (2.00%) BusinessObjects
4 1 (2.00%) MS Access
Development Applications
1 4 (8.00%) Visual Studio
2 1 (2.00%) JIRA
General
1 20 (40.00%) Finance
2 5 (10.00%) Banking
3 4 (8.00%) Marketing
4 2 (4.00%) Investment Banking
4 2 (4.00%) Legal
5 1 (2.00%) Back Office
5 1 (2.00%) Financial Institution
5 1 (2.00%) Front Office
5 1 (2.00%) Publishing
5 1 (2.00%) Retail
5 1 (2.00%) Retail Banking
Job Titles
1 18 (36.00%) Analyst
2 6 (12.00%) Programme Office Support
3 5 (10.00%) Administrator
3 5 (10.00%) DBA
3 5 (10.00%) SQL DBA
3 5 (10.00%) SQL Server DBA
4 4 (8.00%) Business Analyst
4 4 (8.00%) Data Analyst
4 4 (8.00%) Developer
4 4 (8.00%) Senior Analyst
5 3 (6.00%) Architect
5 3 (6.00%) Data Scientist
5 3 (6.00%) Qualitative Analyst
5 3 (6.00%) Quantitative Analyst
6 2 (4.00%) Digital Analytics Specialist
6 2 (4.00%) Google Analytics Specialist
6 2 (4.00%) SQL Analyst
6 2 (4.00%) User Experience Consultant
6 2 (4.00%) User Experience Researcher
6 2 (4.00%) User Researcher
Libraries, Frameworks & Software Standards
1 2 (4.00%) CSS
1 2 (4.00%) HTML
1 2 (4.00%) Sass
2 1 (2.00%) MLlib
2 1 (2.00%) PySpark
2 1 (2.00%) scikit-learn
Miscellaneous
1 13 (26.00%) Analytical Skills
2 5 (10.00%) Computer Science
2 5 (10.00%) Replication
2 5 (10.00%) User Experience
3 4 (8.00%) Foreign Exchange (FX)
3 4 (8.00%) Management Information System
4 3 (6.00%) Mobile App
5 2 (4.00%) Data Structures
5 2 (4.00%) Equities
5 2 (4.00%) Grid Computing
6 1 (2.00%) Algorithms
6 1 (2.00%) Credit Derivative
6 1 (2.00%) Credit Risk
6 1 (2.00%) Derivative
6 1 (2.00%) Online Banking
6 1 (2.00%) Social Media
6 1 (2.00%) Taxonomies
Operating Systems
1 7 (14.00%) Windows
2 3 (6.00%) Linux
2 3 (6.00%) Unix
Processes & Methodologies
1 16 (32.00%) Analytics
2 11 (22.00%) Agile Software Development
2 11 (22.00%) Risk Management
3 9 (18.00%) Stakeholder Management
4 8 (16.00%) Change Management
5 7 (14.00%) Project Planning
5 7 (14.00%) Resource Levelling
5 7 (14.00%) Statistics
6 6 (12.00%) ETL
6 6 (12.00%) Mathematics
6 6 (12.00%) PRINCE2
7 5 (10.00%) Data Management
7 5 (10.00%) Disaster Recovery
7 5 (10.00%) ITIL
7 5 (10.00%) Project Management
8 4 (8.00%) Business Intelligence
8 4 (8.00%) Performance Improvement
8 4 (8.00%) Qualitative Analysis
8 4 (8.00%) Statistical Analysis
8 4 (8.00%) Validation
Programming Languages
1 12 (24.00%) SQL
2 8 (16.00%) Python
3 6 (12.00%) R
4 5 (10.00%) VBA
5 4 (8.00%) Java
6 3 (6.00%) C++
6 3 (6.00%) Scala
7 2 (4.00%) Clojure
7 2 (4.00%) MATLAB
Qualifications
1 7 (14.00%) Degree
2 2 (4.00%) BPSS Clearance
3 1 (2.00%) CFA
3 1 (2.00%) PhD
3 1 (2.00%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (10.00%) SLA
2 3 (6.00%) Disclosure Scotland
3 2 (4.00%) Data Quality
3 2 (4.00%) PMO
3 2 (4.00%) QA
Systems Management
1 1 (2.00%) Systems Management Server (SMS)
Vendors
1 11 (22.00%) Microsoft
2 7 (14.00%) Tableau
3 5 (10.00%) Remedy
3 5 (10.00%) ServiceNow
4 4 (8.00%) Google
5 2 (4.00%) Advent
5 2 (4.00%) Bloomberg
5 2 (4.00%) Oracle
5 2 (4.00%) Salesforce.com
5 2 (4.00%) VocaLink
6 1 (2.00%) Alteryx
6 1 (2.00%) Workday