Period
to 22 November 2017

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 6 months to 22 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.

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

Vermilion
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 864 898 890
Rank change year-on-year +34 -8 -31
Contract jobs citing Vermilion 20 1 14
As % of all contract IT jobs advertised in the UK 0.019% 0.001% 0.012%
As % of the Vendors category 0.045% 0.002% 0.029%
Number of daily rates quoted 15 1 12
UK median daily rate £475 £775 £563
Median daily rate % change year-on-year -38.71% +37.78% +13.92%
10th Percentile £368 £738 £468
90th Percentile £538 £813 £613
UK excluding London median daily rate £475 - £525
Number of hourly rates quoted 0 0 0
UK 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 contract job vacancies with a requirement for knowledge or experience of vendor products and services.

All Vendors
UK
Contract vacancies with a requirement for knowledge or experience of vendor products and services 43983 47802 48849
As % of all contract IT jobs advertised in the UK 42.63% 45.34% 43.32%
Number of daily rates quoted 27338 29209 28805
UK median daily rate £430 £420 £400
Median daily rate % change year-on-year +2.44% +5.00% -
10th Percentile £235 £240 £225
90th Percentile £625 £588 £575
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +4.17%
Number of hourly rates quoted 1473 1700 2082
UK median hourly rate £17.43 £16.50 £17.50
Median hourly rate % change year-on-year +5.64% -5.71% +6.06%
10th Percentile £10.59 £10.23 £10.25
90th Percentile £45.20 £45.00 £43.75
UK excluding London median hourly rate £16.50 £16.50 £17.50
% change year-on-year - -5.71% +6.06%

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
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Vermilion over the 6 months to 22 November 2017.

Contractor daily rate histogram for Vermilion in the UK

Vermilion
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 Vermilion within the UK over the 6 months to 22 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 +31 17 £450 -41.94% 1
London -16 16 £450 -41.94% 1
UK excluding London - 4 £475 -
Scotland - 3 £475 -
South East - 1 £538 -

For the 6 months to 22 November 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 13 (65.00%) Finance
2 10 (50.00%) Project Management
3 9 (45.00%) Yardi
4 8 (40.00%) Change Management
4 8 (40.00%) SQL
5 7 (35.00%) Banking
5 7 (35.00%) Asset Management
6 4 (20.00%) Business Intelligence
6 4 (20.00%) ETL
6 4 (20.00%) Business Analysis
6 4 (20.00%) Investment Management
6 4 (20.00%) Blockchain
7 3 (15.00%) Fund Management
7 3 (15.00%) SQL Server Integration Services
7 3 (15.00%) Stakeholder Management
7 3 (15.00%) SDLC
7 3 (15.00%) Translating Business Requirements
7 3 (15.00%) Back Office
8 2 (10.00%) GAP Analysis
8 2 (10.00%) Management Information System
8 2 (10.00%) Front Office
8 2 (10.00%) BPR
8 2 (10.00%) Microsoft
8 2 (10.00%) CRM
8 2 (10.00%) T-SQL
8 2 (10.00%) Fintech
8 2 (10.00%) Analytical Skills
9 1 (5.00%) Eagle PACE
9 1 (5.00%) Cost-Benefit Analysis
9 1 (5.00%) Data Management

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:

Business Applications
1 1 (5.00%) Eagle PACE
Database & Business Intelligence
1 4 (20.00%) Blockchain
2 3 (15.00%) SQL Server Integration Services
3 1 (5.00%) Data Warehouse
General
1 13 (65.00%) Finance
2 7 (35.00%) Banking
3 3 (15.00%) Back Office
4 2 (10.00%) Front Office
5 1 (5.00%) Investment Banking
5 1 (5.00%) Legal
Job Titles
1 12 (60.00%) Project Manager
2 8 (40.00%) Report Manager
3 5 (25.00%) Analyst
3 5 (25.00%) Business Analyst
4 3 (15.00%) Developer
4 3 (15.00%) SQL Developer
5 2 (10.00%) IT Manager
5 2 (10.00%) IT Project Manager
5 2 (10.00%) Report Analyst
5 2 (10.00%) Report Developer
6 1 (5.00%) Business Manager
6 1 (5.00%) Business Project Manager
6 1 (5.00%) ETL Developer
6 1 (5.00%) Financial Analyst
6 1 (5.00%) Financial Business Analyst
6 1 (5.00%) Financial Services Business Analyst
6 1 (5.00%) Project Analyst
6 1 (5.00%) Senior Analyst
6 1 (5.00%) Senior Business Analyst
6 1 (5.00%) Service Analyst
Miscellaneous
1 2 (10.00%) Analytical Skills
1 2 (10.00%) Fintech
1 2 (10.00%) Management Information System
2 1 (5.00%) Data Structures
Processes & Methodologies
1 10 (50.00%) Project Management
2 8 (40.00%) Change Management
3 7 (35.00%) Asset Management
4 4 (20.00%) Business Analysis
4 4 (20.00%) Business Intelligence
4 4 (20.00%) ETL
4 4 (20.00%) Investment Management
5 3 (15.00%) Fund Management
5 3 (15.00%) SDLC
5 3 (15.00%) Stakeholder Management
5 3 (15.00%) Translating Business Requirements
6 2 (10.00%) BPR
6 2 (10.00%) CRM
6 2 (10.00%) GAP Analysis
7 1 (5.00%) Agile Software Development
7 1 (5.00%) DSDM
7 1 (5.00%) Functional Testing
7 1 (5.00%) Non-Functional Testing
7 1 (5.00%) PRINCE2
7 1 (5.00%) SSADM
Programming Languages
1 8 (40.00%) SQL
2 2 (10.00%) T-SQL
3 1 (5.00%) C
Quality Assurance & Compliance
1 1 (5.00%) ISO 9000
Vendors
1 9 (45.00%) Yardi
2 2 (10.00%) Microsoft
3 1 (5.00%) Informatica
3 1 (5.00%) Salesforce.com