Bloomberg Contracts with Work from Home Options

Bloomberg
UK > Work from Home

The table below provides summary statistics for remote or hybrid contract work requiring knowledge or experience of Bloomberg products and/or services. It includes a benchmarking guide to contractor rates offered in vacancies that cited Bloomberg over the 6 months leading up to 19 June 2024, comparing them to the same period in the previous two years.

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

6 months to
19 Jun 2024
Same period 2023 Same period 2022
Rank 300 415 565
Rank change year-on-year +115 +150 -82
Contract jobs citing Bloomberg 41 42 58
As % of all contract jobs with a WFH option 0.28% 0.18% 0.13%
As % of the Vendors category 0.65% 0.40% 0.33%
Number of daily rates quoted 41 34 48
10th Percentile £350 £425 £528
25th Percentile £650 £543 £638
Median daily rate (50th Percentile) £725 £600 £700
Median % change year-on-year +20.83% -14.29% +30.84%
75th Percentile £875 £713 £838
90th Percentile £888 £821 -
UK median daily rate £650 £625 £675
% change year-on-year +4.00% -7.41% +22.73%

All Vendors
Work from Home

Bloomberg falls under the Vendor Products and Services category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with a remote or hybrid options requiring knowledge or experience of all vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 6,268 10,513 17,342
As % of all contract jobs with a WFH option 42.48% 44.03% 39.54%
Number of daily rates quoted 3,982 7,074 11,904
10th Percentile £325 £325 £350
25th Percentile £425 £425 £425
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +7.69%
75th Percentile £625 £650 £631
90th Percentile £720 £743 £725
UK median daily rate £515 £525 £525
% change year-on-year -1.90% - +7.69%
Number of hourly rates quoted 206 248 250
10th Percentile £13.50 £17.50 £13.45
25th Percentile £16.53 £24.94 £20.00
Median hourly rate £27.62 £52.50 £40.00
Median % change year-on-year -47.40% +31.25% +53.85%
75th Percentile £51.25 £66.00 £57.09
90th Percentile £71.25 £79.20 £75.00
UK median hourly rate £22.56 £42.50 £21.64
% change year-on-year -46.92% +96.40% +5.56%

Bloomberg
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Bloomberg as a proportion of all IT jobs advertised.

Bloomberg trend for jobs with a WFH option

Bloomberg
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Bloomberg.

Bloomberg daily rate for jobs with a WFH option

Bloomberg
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Bloomberg over the 6 months to 19 June 2024.

Bloomberg daily rate histogram for jobs with a WFH option

Bloomberg
Co-occurring Skills and Capabilities with WFH Options by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 8 (19.51%) Apache
1 8 (19.51%) Apache Airflow
2 6 (14.63%) Confluence
3 2 (4.88%) Microsoft Exchange
4 1 (2.44%) Skype for Business
Applications
1 6 (14.63%) Microsoft Excel
2 4 (9.76%) Microsoft PowerPoint
2 4 (9.76%) MS Visio
3 1 (2.44%) Microsoft Office
Business Applications
1 3 (7.32%) ION MarketView
Cloud Services
1 18 (43.90%) AWS
1 18 (43.90%) GCP
2 10 (24.39%) Azure
3 8 (19.51%) Amazon EC2
3 8 (19.51%) Amazon ECS
3 8 (19.51%) Amazon EKS
3 8 (19.51%) dbt
3 8 (19.51%) Snowflake
4 3 (7.32%) Microsoft 365
Communications & Networking
1 5 (12.20%) FIX Connectivity
2 3 (7.32%) WebEx
3 2 (4.88%) VPN
4 1 (2.44%) Skype
Database & Business Intelligence
1 8 (19.51%) Amazon Athena
1 8 (19.51%) Apache Arrow
1 8 (19.51%) Apache Ignite
1 8 (19.51%) Data Lake
1 8 (19.51%) Dremio
2 2 (4.88%) Data Warehouse
2 2 (4.88%) SQL Server
Development Applications
1 6 (14.63%) JIRA
2 4 (9.76%) TeamCity
General
1 26 (63.41%) Finance
2 23 (56.10%) Front Office
3 16 (39.02%) Banking
4 10 (24.39%) Investment Banking
5 7 (17.07%) Social Skills
6 4 (9.76%) Analytical Skills
Job Titles
1 14 (34.15%) Developer
2 12 (29.27%) Analyst
2 12 (29.27%) Python Developer
3 11 (26.83%) Business Analyst
4 10 (24.39%) Finance Manager
4 10 (24.39%) Quantitative Developer
5 4 (9.76%) AWS Developer
5 4 (9.76%) AWS Engineer
5 4 (9.76%) AWS Software Engineer
5 4 (9.76%) Data Business Analyst
5 4 (9.76%) Developer/Software Engineer
5 4 (9.76%) Electronic Trading Business Analyst
5 4 (9.76%) Front Office Business Analyst
5 4 (9.76%) Investment Banking Business Analyst
5 4 (9.76%) Lead
5 4 (9.76%) Lead Software Engineer
5 4 (9.76%) Market Analyst
5 4 (9.76%) Market Data Analyst
5 4 (9.76%) Market Data Business Analyst
5 4 (9.76%) Software Team Leader
Libraries, Frameworks & Software Standards
1 8 (19.51%) gRPC
1 8 (19.51%) NumPy
1 8 (19.51%) Pandas
1 8 (19.51%) Protocol Buffers
1 8 (19.51%) SciPy
2 6 (14.63%) PySpark
3 5 (12.20%) FIX Protocol
4 4 (9.76%) XML
Miscellaneous
1 27 (65.85%) Derivative
2 23 (56.10%) Fixed Income
3 19 (46.34%) Hedge funds
4 18 (43.90%) Equities
5 10 (24.39%) Foreign Exchange (FX)
6 2 (4.88%) SWIFT Messaging Network
6 2 (4.88%) Video Conferencing
Operating Systems
1 6 (14.63%) Unix
2 3 (7.32%) Windows
2 3 (7.32%) Windows 10
3 1 (2.44%) Apple iOS
Processes & Methodologies
1 20 (48.78%) Agile
1 20 (48.78%) Asset Management
2 18 (43.90%) Software Engineering
3 12 (29.27%) Investment Management
4 10 (24.39%) Migration
4 10 (24.39%) Quantitative Research
5 8 (19.51%) Line Management
6 7 (17.07%) Risk Management
7 5 (12.20%) Electronic Trading
8 4 (9.76%) B2C
8 4 (9.76%) Business Analysis
8 4 (9.76%) Data Modelling
8 4 (9.76%) Project Management
8 4 (9.76%) Requirements Gathering
8 4 (9.76%) UML
9 2 (4.88%) Collaborative Culture
9 2 (4.88%) Impact Analysis
9 2 (4.88%) ITSM
9 2 (4.88%) User Experience
10 1 (2.44%) Data Migration
Programming Languages
1 18 (43.90%) Python
2 16 (39.02%) SQL
3 10 (24.39%) R
4 8 (19.51%) Java
4 8 (19.51%) JavaScript
4 8 (19.51%) TypeScript
5 1 (2.44%) PowerShell
Qualifications
1 4 (9.76%) Degree
Quality Assurance & Compliance
1 5 (12.20%) QA
2 4 (9.76%) EMIR
3 2 (4.88%) MiFID
3 2 (4.88%) SEPA
System Software
1 2 (4.88%) Active Directory
Systems Management
1 1 (2.44%) Thomson Reuters DACS
Vendors
1 13 (31.71%) Reuters
2 7 (17.07%) ION Trading
2 7 (17.07%) Refinitiv
3 5 (12.20%) Citrix
3 5 (12.20%) MarketAxess
3 5 (12.20%) Tradeweb
4 2 (4.88%) Charles River