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 3 months to 26 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.

Quantitative Analysis
UK
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 576 638 609
Rank change year-on-year +62 -29  
Contract jobs citing Quantitative Analysis 31 13 32
As % of all contract IT jobs advertised in the UK 0.066% 0.024% 0.057%
As % of the Processes & Methodologies category 0.078% 0.029% 0.071%
Number of daily rates quoted 18 10 21
Median daily rate £325 £567 £600
Median daily rate % change year-on-year -42.65% -5.54%  
90% offered a daily rate of more than £255 £390 £400
10% offered a daily rate of more than £437 £735 £750
UK excluding London median daily rate £400 - £550
Number of hourly rates quoted 2 0 0
Median hourly rate £33.50 - -
UK excluding London median hourly rate - - -

Quantitative Analysis is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process and methodology skills.

Contract Process & Methodology Skills
UK
Contract job vacancies with a requirement for process and methodology skills 39704 44234 45146
As % of all contract IT job vacancies advertised in the UK 84.45% 83.33% 80.72%
Number of daily rates quoted 25886 29348 28980
Median daily rate £450 £438 £413
Median daily rate % change year-on-year +2.85% +6.06%  
90% offered a daily rate of more than £313 £300 £285
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 1051 1071 1257
Median hourly rate £32.50 £27.50 £27.50
Median hourly rate % change year-on-year +18.18% -  
90% offered a hourly rate of more than £13.00 £12.58 £12.35
10% offered a hourly rate of more than £53.00 £48.65 £50.00
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Quantitative Analysis
Job Vacancy Trend

The job posting trend of jobs advertised citing Quantitative Analysis as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

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 3 months to 26 June 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 3 months to 26 June 2017.

Contractor hourly rate histogram for Quantitative Analysis in the UK

Quantitative Analysis
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 Quantitative Analysis within the UK over the 3 months to 26 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
England +48 27 £320 -43.53% 9
London +11 27 £320 -43.53% 8
Edinburgh - 3 £475 -
Scotland - 3 £475 - 1
City of London -3 2 £285 -52.50% 2

For the 6 months to 26 June 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 (44.44%) Microsoft Excel
2 19 (42.22%) SQL
2 19 (42.22%) Analytics
3 18 (40.00%) Tableau
3 18 (40.00%) Finance
4 17 (37.78%) R
5 15 (33.33%) Statistics
5 15 (33.33%) E-Commerce
5 15 (33.33%) SAS
6 13 (28.89%) Business Intelligence
6 13 (28.89%) Data Warehouse
7 12 (26.67%) Mathematics
8 11 (24.44%) Degree
8 11 (24.44%) SPSS
9 10 (22.22%) MATLAB
9 10 (22.22%) Microsoft PowerPoint
9 10 (22.22%) Computer Science
9 10 (22.22%) Power BI
9 10 (22.22%) Actionable Insight
10 9 (20.00%) Statistical Analysis
10 9 (20.00%) Stata
11 8 (17.78%) Python
11 8 (17.78%) Qlik Sense
12 7 (15.56%) Dashboard Development
12 7 (15.56%) Change Management
12 7 (15.56%) Visualisation
13 6 (13.33%) Data Visualisation
13 6 (13.33%) Google Analytics
13 6 (13.33%) Social Media
13 6 (13.33%) Google

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 15 (33.33%) SAS
Applications
1 20 (44.44%) Microsoft Excel
2 11 (24.44%) SPSS
3 10 (22.22%) Microsoft PowerPoint
4 9 (20.00%) Stata
5 1 (2.22%) Microsoft Office
Business Applications
1 2 (4.44%) SAP Oil and Gas
Cloud Services
1 6 (13.33%) Google Analytics
2 2 (4.44%) SaaS
Communications & Networking
1 6 (13.33%) Internet
2 2 (4.44%) SAN
Database & Business Intelligence
1 13 (28.89%) Data Warehouse
2 10 (22.22%) Power BI
3 8 (17.78%) Qlik Sense
4 6 (13.33%) Data Mining
5 2 (4.44%) SQL Server
6 1 (2.22%) BusinessObjects
6 1 (2.22%) SQL Server Reporting Services
Development Applications
1 2 (4.44%) Visual Studio
General
1 18 (40.00%) Finance
2 6 (13.33%) Marketing
2 6 (13.33%) Retail
3 4 (8.89%) Advertising
4 3 (6.67%) Banking
5 2 (4.44%) Electronics
5 2 (4.44%) Investment Banking
5 2 (4.44%) Manufacturing
5 2 (4.44%) Telecoms
6 1 (2.22%) Back Office
6 1 (2.22%) Front Office
Job Titles
1 27 (60.00%) Analyst
2 12 (26.67%) Data Analyst
3 6 (13.33%) Business Analyst
3 6 (13.33%) Web Analyst
4 5 (11.11%) Operations Manager
4 5 (11.11%) SQL Analyst
4 5 (11.11%) SQL Data Analyst
5 4 (8.89%) E-Commerce Analyst
5 4 (8.89%) Excel Analyst
6 3 (6.67%) Consultant
6 3 (6.67%) Data Business Analyst
6 3 (6.67%) User Experience Consultant
7 2 (4.44%) Business Data Analyst
7 2 (4.44%) Data Mining Analyst
7 2 (4.44%) Data Scientist
7 2 (4.44%) Online Business Analyst
7 2 (4.44%) Sales Manager
7 2 (4.44%) SAS Data Analyst
7 2 (4.44%) SQL DBA
7 2 (4.44%) SQL Server DBA
Libraries, Frameworks & Software Standards
1 4 (8.89%) CSS
1 4 (8.89%) HTML
2 3 (6.67%) Sass
3 1 (2.22%) NumPy
3 1 (2.22%) SciPy
3 1 (2.22%) XML
Miscellaneous
1 10 (22.22%) Computer Science
2 6 (13.33%) Social Media
3 5 (11.11%) Algorithms
3 5 (11.11%) Analytical Skills
3 5 (11.11%) User Experience
4 4 (8.89%) Mobile App
5 3 (6.67%) Foreign Exchange (FX)
6 2 (4.44%) Digital Media
6 2 (4.44%) Enterprise Software
6 2 (4.44%) Management Information System
6 2 (4.44%) Replication
7 1 (2.22%) Data Structures
7 1 (2.22%) Equities
7 1 (2.22%) Market Risk
7 1 (2.22%) PMI
Operating Systems
1 2 (4.44%) Windows
2 1 (2.22%) Linux
2 1 (2.22%) Unix
Processes & Methodologies
1 19 (42.22%) Analytics
2 15 (33.33%) E-Commerce
2 15 (33.33%) Statistics
3 13 (28.89%) Business Intelligence
4 12 (26.67%) Mathematics
5 10 (22.22%) Actionable Insight
6 9 (20.00%) Statistical Analysis
7 7 (15.56%) Change Management
7 7 (15.56%) Dashboard Development
7 7 (15.56%) Visualisation
8 6 (13.33%) Data Visualisation
9 5 (11.11%) Experimental Design
9 5 (11.11%) Process Improvement
9 5 (11.11%) Strategic Planning
10 4 (8.89%) Agile Software Development
10 4 (8.89%) Economics
10 4 (8.89%) Multivariate Analysis
10 4 (8.89%) Predictive Analysis
10 4 (8.89%) Prototyping
10 4 (8.89%) Rapid Prototyping
Programming Languages
1 19 (42.22%) SQL
2 17 (37.78%) R
3 10 (22.22%) MATLAB
4 8 (17.78%) Python
5 4 (8.89%) VBA
6 3 (6.67%) C++
7 1 (2.22%) C
7 1 (2.22%) C#
7 1 (2.22%) Java
7 1 (2.22%) JavaScript
7 1 (2.22%) Perl
7 1 (2.22%) PHP
7 1 (2.22%) Ruby
Qualifications
1 11 (24.44%) Degree
2 1 (2.22%) CFA
2 1 (2.22%) Computer Science Degree
2 1 (2.22%) PMI Certification
2 1 (2.22%) PRINCE2 Certification
Quality Assurance & Compliance
1 2 (4.44%) SLA
2 1 (2.22%) Disclosure Scotland
2 1 (2.22%) QA
Vendors
1 18 (40.00%) Tableau
2 6 (13.33%) Google
3 4 (8.89%) Omniture
4 3 (6.67%) Microsoft
5 2 (4.44%) Remedy
5 2 (4.44%) SAP
5 2 (4.44%) ServiceNow
London
Hays London City Cheapside
Rate: £650.00 - £730.00 per day
Posted: 5 days ago
London
ReThink Recruitment
Rate: £650 - £750 per day
Posted: 6 days ago