The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Redback products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Redback over the 3 months to 24 March 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 Redback Networks, Inc.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Redback
UK
Rank 591 - 615
Rank change year-on-year - 0  
Contract jobs citing Redback 5 0 6
As % of all contract IT jobs advertised in the UK 0.011% - 0.011%
As % of the Vendors category 0.025% - 0.025%
Number of daily rates quoted 4 0 1
Median daily rate £425 - £350
UK excluding London median daily rate £350 - £350
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Redback 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 20011 23143 23796
As % of all contract IT job vacancies advertised in the UK 44.18% 43.66% 45.22%
Number of daily rates quoted 12332 14008 13432
Median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% -  
90% offered a daily rate of more than £255 £250 £230
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 719 802 994
Median hourly rate £17.50 £20.00 £17.50
Median hourly rate % change year-on-year -12.50% +14.28%  
90% offered a hourly rate of more than £11.00 £10.99 £11.50
10% offered a hourly rate of more than £47.00 £51.00 £42.50
UK excluding London median hourly rate £16.50 £19.50 £17.00
% change year-on-year -15.36% +14.67%  

Redback
Job Vacancy Trend

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

Job vacancy trend for Redback in the UK

Redback
Contractor Daily Rate Trend

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

Contractor daily rate trend for Redback in the UK

Redback
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Redback over the 3 months to 24 March 2017.

Contractor daily rate histogram for Redback in the UK

Redback
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Redback in the UK

Redback
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 Redback within the UK over the 3 months to 24 March 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 - 5 £425 -
London - 3 £500 -
City of London - 2 £500 -
Middlesex - 2 £350 -
South East - 2 £350 -

Redback
Top 30 Related IT Skills

For the 6 months to 24 March 2017, IT contractor jobs citing Redback 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 Redback.

1 5 (100.00%) .NET
1 5 (100.00%) XML
2 4 (80.00%) ASP.NET
2 4 (80.00%) CSS
2 4 (80.00%) C#
2 4 (80.00%) HTML
2 4 (80.00%) JavaScript
2 4 (80.00%) SQL
3 3 (60.00%) UniBasic
3 3 (60.00%) Web Services
3 3 (60.00%) Unix
3 3 (60.00%) Java
3 3 (60.00%) SQL Server
4 2 (40.00%) XSL
4 2 (40.00%) T-SQL
4 2 (40.00%) VB
4 2 (40.00%) VB.NET
4 2 (40.00%) Windows
4 2 (40.00%) Oracle
4 2 (40.00%) Linux
4 2 (40.00%) OOP
4 2 (40.00%) OO
4 2 (40.00%) IBM
4 2 (40.00%) Microsoft
4 2 (40.00%) Multithreading
4 2 (40.00%) HTML5
4 2 (40.00%) AngularJS
4 2 (40.00%) WinForms
4 2 (40.00%) Prototyping
4 2 (40.00%) Change Management

Redback
Top Related 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 1 (20.00%) IIS
Applications
1 1 (20.00%) MS Excel
Database & Business Intelligence
1 3 (60.00%) SQL Server
2 2 (40.00%) SQL Server 2005
Development Applications
1 1 (20.00%) Visual Studio
General
1 1 (20.00%) Advertising
1 1 (20.00%) Banking
1 1 (20.00%) Finance
1 1 (20.00%) Front Office
1 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) .NET Developer
1 4 (80.00%) Developer
2 3 (60.00%) C# .NET Developer
2 3 (60.00%) C# Developer
3 1 (20.00%) Analyst
3 1 (20.00%) Business Systems Analyst
3 1 (20.00%) C# VB.NET Developer
3 1 (20.00%) Systems Analyst
3 1 (20.00%) VB.NET Developer
Libraries, Frameworks & Software Standards
1 5 (100.00%) .NET
1 5 (100.00%) XML
2 4 (80.00%) ASP.NET
2 4 (80.00%) CSS
2 4 (80.00%) HTML
3 3 (60.00%) Web Services
4 2 (40.00%) AngularJS
4 2 (40.00%) HTML5
4 2 (40.00%) jQuery
4 2 (40.00%) JSON
4 2 (40.00%) WinForms
4 2 (40.00%) XSL
5 1 (20.00%) J2EE
5 1 (20.00%) JSP
5 1 (20.00%) ODBC
Miscellaneous
1 1 (20.00%) Analytical Skills
1 1 (20.00%) Management Information System
1 1 (20.00%) PDA
Operating Systems
1 3 (60.00%) Unix
2 2 (40.00%) Linux
2 2 (40.00%) Windows
3 1 (20.00%) AIX
Processes & Methodologies
1 2 (40.00%) Change Management
1 2 (40.00%) Multithreading
1 2 (40.00%) MVC
1 2 (40.00%) OO
1 2 (40.00%) OOP
1 2 (40.00%) Prototyping
1 2 (40.00%) Wealth Management
2 1 (20.00%) E-Commerce
2 1 (20.00%) Investment Management
2 1 (20.00%) PRINCE
2 1 (20.00%) PRINCE2
2 1 (20.00%) SDLC
2 1 (20.00%) Systems Analysis
2 1 (20.00%) Unit Testing
Programming Languages
1 4 (80.00%) C#
1 4 (80.00%) JavaScript
1 4 (80.00%) SQL
2 3 (60.00%) Java
2 3 (60.00%) UniBasic
3 2 (40.00%) T-SQL
3 2 (40.00%) VB
3 2 (40.00%) VB.NET
4 1 (20.00%) VB6
Qualifications
1 1 (20.00%) MCP
1 1 (20.00%) Microsoft Certification
1 1 (20.00%) PMI Certification
1 1 (20.00%) PMP
Quality Assurance & Compliance
1 1 (20.00%) PCI DSS
1 1 (20.00%) QA
Vendors
1 2 (40.00%) IBM
1 2 (40.00%) Microsoft
1 2 (40.00%) Oracle