The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Birmingham region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 29 August 2016 with a comparison to the same period over 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.

3 months to
29 Aug 2016
Same period 2015 Same period 2014
Derivatives
Rank - 56 -
Contract jobs citing Derivative 0 2 0
As % of all contract IT jobs located in Birmingham - 0.28% -
As % of the Miscellaneous category - 1.09% -
Number of daily rates quoted 0 2 0
Median daily rate - £475 -
UK excluding London median daily rate £320 £500 £365
% change year-on-year
-36.00% +36.98%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £27.50 - -
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
211 184 217
As % of all contract IT jobs located in Birmingham 27.55% 25.38% 28.63%
Number of daily rates quoted 144 116 114
Median daily rate £350 £325 £350
Median daily rate % change year-on-year
+7.69% -7.14%
90% offered a daily rate of more than £200 £186 £194
10% offered a daily rate of more than £500 £500 £496
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 6 11 5
Median hourly rate £10.60 £12.88 £12.05
Median hourly rate % change year-on-year
-17.66% +6.84%
UK excluding London median hourly rate £22.50 £19.50 £19.00
% change year-on-year
+15.38% +2.63%

Derivative
Jobs Demand Trend in Birmingham

The demand trend of contract jobs across the Birmingham region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in Birmingham

Derivative
Daily Rate Trend in Birmingham

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

Derivative Daily Rate Trend in Birmingham