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 3 months to 25 April 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 VocaLink Limited.

VocaLink
UK
3 months to
25 Apr 2017
Same period 2016 Same period 2015
Rank 601 647 643
Rank change year-on-year +46 -4  
Contract jobs citing VocaLink 3 6 5
As % of all contract IT jobs advertised in the UK 0.006% 0.011% 0.009%
As % of the Vendors category 0.015% 0.024% 0.019%
Number of daily rates quoted 3 1 4
Median daily rate £700 £325 £500
Median daily rate % change year-on-year +115.38% -35.00%  
UK excluding London median daily rate - - £500
Number of hourly rates quoted 0 0 0
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 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 20357 24677 25667
As % of all contract IT job vacancies advertised in the UK 43.92% 44.16% 45.23%
Number of daily rates quoted 12499 15143 14590
Median daily rate £425 £401 £400
Median daily rate % change year-on-year +6.11% +0.12%  
90% offered a daily rate of more than £250 £250 £225
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £400 £386 £375
% change year-on-year +3.55% +3.00%  
Number of hourly rates quoted 696 809 1111
Median hourly rate £17.64 £19.00 £18.00
Median hourly rate % change year-on-year -7.18% +5.55%  
90% offered a hourly rate of more than £11.00 £10.99 £11.10
10% offered a hourly rate of more than £50.00 £43.75 £42.00
UK excluding London median hourly rate £16.28 £19.00 £17.50
% change year-on-year -14.31% +8.57%  

VocaLink
Job Vacancy Trend

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

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
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing VocaLink over the 3 months to 25 April 2017.

Contractor daily rate histogram for VocaLink in the UK

VocaLink
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 VocaLink within the UK over the 3 months to 25 April 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 +35 3 £700 +115.38%
London +30 3 £700 +115.38%

For the 6 months to 25 April 2017, 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 (80.00%) WorldPay
2 3 (60.00%) Banking
3 1 (20.00%) Wincor Nixdorf
3 1 (20.00%) TSYS
3 1 (20.00%) VeriFone
3 1 (20.00%) GAP Analysis
3 1 (20.00%) APACS
3 1 (20.00%) ISO 8583
3 1 (20.00%) Programme Management
3 1 (20.00%) E-Commerce
3 1 (20.00%) ATM
3 1 (20.00%) Sage
3 1 (20.00%) EPoS
3 1 (20.00%) EMV
3 1 (20.00%) Chip and PIN
3 1 (20.00%) EFT
3 1 (20.00%) EFTPOS
3 1 (20.00%) Smartcard
3 1 (20.00%) Mobile Commerce
3 1 (20.00%) Customer Requirements
3 1 (20.00%) PMO
3 1 (20.00%) Sage Pay
3 1 (20.00%) Elavon
3 1 (20.00%) Ingenico
3 1 (20.00%) Thales
3 1 (20.00%) Hypercom
3 1 (20.00%) Cubic Transportation
3 1 (20.00%) FIS

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:

Cloud Services
1 1 (20.00%) Sage Pay
Communications & Networking
1 1 (20.00%) ATM
General
1 3 (60.00%) Banking
Job Titles
1 4 (80.00%) Analyst
1 4 (80.00%) Payments Analyst
2 3 (60.00%) Business Analyst
2 3 (60.00%) Payments Business Analyst
3 1 (20.00%) Business Change Analyst
3 1 (20.00%) Change Analyst
3 1 (20.00%) Functional Analyst
3 1 (20.00%) Portfolio Manager
3 1 (20.00%) Programme Assurance Manager
3 1 (20.00%) Programme Manager
Miscellaneous
1 1 (20.00%) APACS
1 1 (20.00%) Chip and PIN
1 1 (20.00%) EFT
1 1 (20.00%) EFTPOS
1 1 (20.00%) EMV
1 1 (20.00%) EPoS
1 1 (20.00%) Smartcard
Processes & Methodologies
1 1 (20.00%) Customer Requirements
1 1 (20.00%) E-Commerce
1 1 (20.00%) GAP Analysis
1 1 (20.00%) Mobile Commerce
1 1 (20.00%) Programme Management
Quality Assurance & Compliance
1 1 (20.00%) ISO 8583
1 1 (20.00%) PMO
Vendors
1 4 (80.00%) WorldPay
2 1 (20.00%) Cubic Transportation
2 1 (20.00%) Elavon
2 1 (20.00%) FIS
2 1 (20.00%) Hypercom
2 1 (20.00%) Ingenico
2 1 (20.00%) Sage
2 1 (20.00%) Thales
2 1 (20.00%) TSYS
2 1 (20.00%) VeriFone
2 1 (20.00%) Wincor Nixdorf