Period
to 21 January 2018

The table below provides summary statistics for contract job vacancies with a requirement for knowledge and experience of VocaLink products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited VocaLink over the 6 months to 21 January 2018 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 VocaLink Limited.

VocaLink
UK
6 months to
21 Jan 2018
Same period 2017 Same period 2016
Rank 873 843 873
Rank change year-on-year -30 +30 -7
Contract jobs citing VocaLink 4 6 8
As % of all contract IT jobs advertised in the UK 0.004% 0.006% 0.007%
As % of the Vendors category 0.010% 0.014% 0.017%
Number of daily rates quoted 2 5 1
UK median daily rate £327 £625 £400
Median daily rate % change year-on-year -47.68% +56.25% -13.51%
UK excluding London median daily rate - £525 -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

VocaLink 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 41,512 43,374 46,400
As % of all contract IT jobs advertised in the UK 42.04% 45.16% 42.97%
Number of daily rates quoted 26,214 26,564 27,417
UK median daily rate £435 £425 £400
Median daily rate % change year-on-year +2.35% +6.25% -
10th Percentile £231 £240 £225
90th Percentile £625 £588 £575
UK excluding London median daily rate £400 £395 £380
% change year-on-year +1.27% +3.95% +4.11%
Number of hourly rates quoted 1,358 1,645 1,936
UK median hourly rate £17.43 £17.00 £18.00
Median hourly rate % change year-on-year +2.53% -5.56% +9.09%
10th Percentile £10.50 £10.25 £10.25
90th Percentile £45.00 £46.00 £45.75
UK excluding London median hourly rate £16.50 £16.50 £17.50
% change year-on-year - -5.71% +6.06%

VocaLink
Job Vacancy Trend

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

Job vacancy trend for VocaLink in the UK

VocaLink
Contractor Daily Rate Trend

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

Contractor daily rate trend for VocaLink in the UK

VocaLink
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing VocaLink within the UK over the 6 months to 21 January 2018. 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 -9 4 £327 -47.68%
UK excluding London +18 2 - -
East of England -7 2 - -
London -45 2 £327 -49.69%

For the 6 months to 21 January 2018, IT contractor jobs citing VocaLink 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 VocaLink.

1 4 (100.00%) Risk Management
1 4 (100.00%) Finance
2 2 (50.00%) Legal
2 2 (50.00%) VMware
2 2 (50.00%) Information Security
2 2 (50.00%) Retail
2 2 (50.00%) Cryptography
2 2 (50.00%) Information Management
2 2 (50.00%) Data Analysis
2 2 (50.00%) Supplier Management
2 2 (50.00%) Google
2 2 (50.00%) Business Development
2 2 (50.00%) Degree
2 2 (50.00%) Quantitative Analysis
2 2 (50.00%) Stress Testing
2 2 (50.00%) Continuous Integration
2 2 (50.00%) Data Protection
2 2 (50.00%) VMware Infrastructure
2 2 (50.00%) Android
2 2 (50.00%) Amazon EC2
2 2 (50.00%) Microsoft Azure
2 2 (50.00%) Google App Engine
2 2 (50.00%) Amazon AWS
2 2 (50.00%) vSphere
2 2 (50.00%) Security Architecture
2 2 (50.00%) Network Architecture
2 2 (50.00%) Apple iOS
2 2 (50.00%) Trend Analysis
2 2 (50.00%) vCloud
2 2 (50.00%) OpenStack

VocaLink
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 2 (50.00%) OpenStack
Cloud Services
1 2 (50.00%) Amazon AWS
1 2 (50.00%) Amazon EC2
1 2 (50.00%) Google App Engine
1 2 (50.00%) Google Cloud Platform
1 2 (50.00%) IaaS
1 2 (50.00%) Microsoft Azure
Communications & Networking
1 2 (50.00%) Internet
General
1 4 (100.00%) Finance
2 2 (50.00%) Legal
2 2 (50.00%) Retail
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Security Engineer
1 2 (50.00%) Supply Chain Analyst
Libraries, Frameworks & Software Standards
1 2 (50.00%) Web Services
Miscellaneous
1 2 (50.00%) Analytical Skills
1 2 (50.00%) Management Information System
1 2 (50.00%) Mobile App
Operating Systems
1 2 (50.00%) AIX
1 2 (50.00%) Android
1 2 (50.00%) Apple iOS
1 2 (50.00%) Linux
1 2 (50.00%) Solaris
1 2 (50.00%) Unix
Processes & Methodologies
1 4 (100.00%) Risk Management
2 2 (50.00%) Business Development
2 2 (50.00%) Continuous Delivery
2 2 (50.00%) Continuous Integration
2 2 (50.00%) Cryptography
2 2 (50.00%) Data Analysis
2 2 (50.00%) Data Privacy
2 2 (50.00%) Data Protection
2 2 (50.00%) DevOps
2 2 (50.00%) E-Commerce
2 2 (50.00%) Information Management
2 2 (50.00%) Information Security
2 2 (50.00%) Network Architecture
2 2 (50.00%) Performance Monitoring
2 2 (50.00%) Quantitative Analysis
2 2 (50.00%) SDLC
2 2 (50.00%) Security Architecture
2 2 (50.00%) Stress Testing
2 2 (50.00%) Supplier Management
2 2 (50.00%) Trend Analysis
Programming Languages
1 2 (50.00%) Java
Qualifications
1 2 (50.00%) CISM
1 2 (50.00%) Degree
System Software
1 2 (50.00%) vCloud
1 2 (50.00%) VMware Infrastructure
1 2 (50.00%) vSphere
Vendors
1 2 (50.00%) Google
1 2 (50.00%) VMware