The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the Birmingham region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 24 October 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
24 Oct 2014
Same period 2013 Same period 2012
Credit Derivatives
Rank - 56 -
Contract jobs citing Credit Derivative 0 2 0
As % of all contract IT jobs located in Birmingham - 0.31% -
As % of the Miscellaneous category - 1.16% -
Number of daily rates quoted 0 2 0
Average daily rate
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- £388 -
UK excluding London average daily rate - £388 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Credit Derivative
West Midlands

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

Miscellaneous Category
Birmingham
Contract IT job ads with a match in the
Miscellaneous category
185 173 110
As % of all contract IT jobs located in Birmingham 24.60% 26.70% 17.68%
Number of daily rates quoted 89 123 47
Average daily rate £350 £308 £400
Average daily rate % change year-on-year
+13.72% -23.06%
90% offered a daily rate of more than £160 £160 £236
10% offered a daily rate of more than £450 £500 £475
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.30% -
Number of hourly rates quoted 9 6 5
Average hourly rate £20.00 £13.98 £15.50
Average hourly rate % change year-on-year
+43.11% -9.83%
90% offered a hourly rate of more than £11.00 £12.00 £13.38
10% offered a hourly rate of more than £34.00 £17.25 £22.83
UK excluding London average hourly rate £17.50 £18.00 £21.00
% change year-on-year
-2.77% -14.28%

Credit Derivative
Jobs Demand Trend in Birmingham

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

Credit Derivative Jobs Demand Trend in Birmingham

Credit Derivative
Daily Rate Trend in Birmingham

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

Credit Derivative Daily Rate Trend in Birmingham