The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Belfast region. Included is a guide to the average contractor rates offered in IT contracts that have cited Derivative over the 3 months to 22 August 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
22 Aug 2014
Same period 2013 Same period 2012
Derivatives
Rank - 23 24
Contract jobs citing Derivative 0 2 2
As % of all contract IT jobs located in Belfast - 1.80% 1.46%
As % of the Miscellaneous category - 6.25% 8.70%
Number of daily rates quoted 0 2 2
Average daily rate
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of your Daily Rate
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- £300 £400
Average daily rate % change year-on-year
- -25.00%
UK excluding London average daily rate £353 £450 £369
% change year-on-year
-21.66% +22.03%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £90.00 -
Derivative
County Antrim

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Belfast region.

Miscellaneous Category
Belfast
Contract IT job ads with a match in the
Miscellaneous category
34 32 23
As % of all contract IT jobs located in Belfast 33.01% 28.83% 16.79%
Number of daily rates quoted 15 19 13
Average daily rate £315 £300 £400
Average daily rate % change year-on-year
+5.00% -25.00%
90% offered a daily rate of more than £257 £275 £230
10% offered a daily rate of more than £388 £400 £425
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 1 2 1
Average hourly rate £13.00 £13.50 £35.00
Average hourly rate % change year-on-year
-3.70% -61.42%
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Derivative
Jobs Demand Trend in Belfast

This chart provides a 3-month moving total of IT contractor jobs citing Derivative across the Belfast region as a proportion of the total demand within the Miscellaneous category.

Derivative Jobs Demand Trend in Belfast

Derivative
Daily Rate Trend in Belfast

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the Belfast region.

Derivative Daily Rate Trend in Belfast