The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of Vermilion products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Vermilion over the 3 months to 28 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Vermilion Software.

Vermilion
UK
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 609 639 638
Rank change year-on-year +30 -1  
Contract jobs citing Vermilion 1 12 7
As % of all contract IT jobs advertised in the UK 0.002% 0.022% 0.013%
As % of the Vendors category 0.005% 0.050% 0.029%
Number of daily rates quoted 1 5 7
Median daily rate £450 £625 £575
Median daily rate % change year-on-year -28.00% +8.69%  
90% offered a daily rate of more than £425 £588 £505
10% offered a daily rate of more than £475 £670 £638
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Vermilion 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 20653 24174 24550
As % of all contract IT job vacancies advertised in the UK 43.84% 44.89% 44.51%
Number of daily rates quoted 20864 27197 25363
Median daily rate £425 £400 £390
Median daily rate % change year-on-year +6.25% +2.56%  
90% offered a daily rate of more than £240 £240 £213
10% offered a daily rate of more than £600 £588 £575
UK excluding London median daily rate £400 £375 £360
% change year-on-year +6.66% +4.16%  
Number of hourly rates quoted 1317 1630 1930
Median hourly rate £19.00 £20.50 £19.00
Median hourly rate % change year-on-year -7.31% +7.89%  
90% offered a hourly rate of more than £10.75 £10.75 £10.75
10% offered a hourly rate of more than £50.00 £43.00 £43.75
UK excluding London median hourly rate £17.50 £21.00 £18.07
% change year-on-year -16.66% +16.21%  

Vermilion
Job Vacancy Trend

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

Job vacancy trend for Vermilion in the UK

Vermilion
Contractor Daily Rate Trend

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

Contractor daily rate trend for Vermilion in the UK

Vermilion
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 Vermilion within the UK over the 3 months to 28 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 +26 1 £450 -28.00% 1
London +7 1 £450 -28.00% 1

For the 6 months to 28 June 2017, IT contractor jobs citing Vermilion 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 Vermilion.

1 5 (71.43%) Asset Management
2 4 (57.14%) Data Mart
2 4 (57.14%) Workflow
3 3 (42.86%) Finance
3 3 (42.86%) Java
3 3 (42.86%) Investment Management
4 2 (28.57%) Marketing
4 2 (28.57%) Stakeholder Management
4 2 (28.57%) Scrum
5 1 (14.29%) C
5 1 (14.29%) SQL
5 1 (14.29%) T-SQL
5 1 (14.29%) ETL
5 1 (14.29%) Yardi
5 1 (14.29%) Analytical Skills
5 1 (14.29%) Data Structures
5 1 (14.29%) Translating Business Requirements
5 1 (14.29%) SQL Server Integration Services

Vermilion
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:

Database & Business Intelligence
1 4 (57.14%) Data Mart
2 1 (14.29%) SQL Server Integration Services
General
1 3 (42.86%) Finance
2 2 (28.57%) Marketing
Job Titles
1 4 (57.14%) Developer
2 3 (42.86%) Java Developer
2 3 (42.86%) Lead Developer
2 3 (42.86%) Senior Developer
2 3 (42.86%) Senior Java Developer
3 2 (28.57%) Analyst
3 2 (28.57%) Consultant
3 2 (28.57%) Report Analyst
4 1 (14.29%) Report Developer
4 1 (14.29%) SQL Developer
Miscellaneous
1 1 (14.29%) Analytical Skills
1 1 (14.29%) Data Structures
Processes & Methodologies
1 5 (71.43%) Asset Management
2 4 (57.14%) Workflow
3 3 (42.86%) Investment Management
4 2 (28.57%) Scrum
4 2 (28.57%) Stakeholder Management
5 1 (14.29%) ETL
5 1 (14.29%) Translating Business Requirements
Programming Languages
1 3 (42.86%) Java
2 1 (14.29%) C
2 1 (14.29%) SQL
2 1 (14.29%) T-SQL
Vendors
1 1 (14.29%) Yardi