Credit Derivative Contracts

Credit Derivatives
UK

The table below looks at the prevalence of the term Credit Derivative in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Credit Derivative over the 6 months leading up to 10 February 2025, comparing them to the same period in the previous two years.

6 months to
10 Feb 2025
Same period 2024 Same period 2023
Rank 525 578 680
Rank change year-on-year +53 +102 +111
Contract jobs citing Credit Derivative 1 22 74
As % of all contract jobs advertised in the UK 0.003% 0.049% 0.11%
As % of the Miscellaneous category 0.010% 0.16% 0.33%
Number of daily rates quoted 1 18 67
10th Percentile - £688 £573
25th Percentile - £788 £654
Median daily rate (50th Percentile) £780 £825 £725
Median % change year-on-year -5.45% +13.79% +11.54%
75th Percentile - £863 £775
90th Percentile - £879 £788
UK excluding London median daily rate - - -

All Generic Skills
UK

Credit Derivative falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 10,049 13,756 22,706
As % of all contract IT jobs advertised in the UK 32.73% 30.61% 33.43%
Number of daily rates quoted 5,969 8,913 15,434
10th Percentile £263 £256 £313
25th Percentile £406 £413 £450
Median daily rate (50th Percentile) £525 £528 £550
Median % change year-on-year -0.47% -4.09% +2.33%
75th Percentile £651 £650 £684
90th Percentile £775 £750 £800
UK excluding London median daily rate £500 £500 £500
% change year-on-year - - +8.11%
Number of hourly rates quoted 303 817 709
10th Percentile £19.98 £13.00 £9.80
25th Percentile £24.17 £16.54 £11.87
Median hourly rate £35.00 £32.12 £22.49
Median % change year-on-year +8.98% +42.83% -15.15%
75th Percentile £66.00 £58.70 £63.75
90th Percentile £83.01 £70.00 £72.10
UK excluding London median hourly rate £32.50 £34.21 £21.59
% change year-on-year -5.00% +58.49% +7.93%

Credit Derivative
Job Vacancy Trend

Job postings citing Credit Derivative as a proportion of all IT jobs advertised.

Job vacancy trend for Credit Derivative in the UK

Credit Derivative
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Credit Derivative.

Daily rate trend for Credit Derivative in the UK

Credit Derivative
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Credit Derivative.

Hourly rate trend for Credit Derivative in the UK

Credit Derivative
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 Credit Derivative within the UK over the 6 months to 10 February 2025. 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
Jobs
England +55 1 £780 -5.45% 3
London +13 1 £780 -5.45% 3

Credit Derivative
Co-occurring Skills and Capabilities 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:

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Java Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) Spring
1 1 (100.00%) Spring Boot
Miscellaneous
1 1 (100.00%) Derivative
Programming Languages
1 1 (100.00%) Java