The first table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Birmingham region. Included is a guide to the average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 30 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Birmingham region.

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
30 Jul 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank - 57 -
Contract jobs citing Foreign Exchange (FX) 0 2 0
As % of all contract IT jobs located in Birmingham - 0.33% -
As % of the Miscellaneous category - 1.68% -
Number of daily rates quoted 0 1 0
Average daily rate
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- £315 -
UK excluding London average daily rate £375 £450 £413
% change year-on-year
-16.66% +9.09%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £49.00 £25.00
% change year-on-year
- +96.00%
Miscellaneous Category
Birmingham
Contract IT job ads with a match in the
Miscellaneous category
151 119 93
As % of all contract IT jobs located in Birmingham 21.36% 19.35% 14.11%
Number of daily rates quoted 90 64 41
Average daily rate £310 £363 £380
Average daily rate % change year-on-year
-14.48% -4.60%
90% offered a daily rate of more than £161 £213 £171
10% offered a daily rate of more than £489 £550 £525
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 3 5 4
Average hourly rate £94.05 £13.00 £12.50
Average hourly rate % change year-on-year
+623.46% +4.00%
90% offered a hourly rate of more than £8.13 £12.10 £7.76
10% offered a hourly rate of more than £175.00 £16.50 £20.25
UK excluding London average hourly rate £20.75 £21.00 £25.73
% change year-on-year
-1.19% -18.38%
Foreign Exchange (FX)
West Midlands

Foreign Exchange (FX)
Jobs Demand Trend in Birmingham

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the Birmingham region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in Birmingham

Foreign Exchange (FX)
Daily Rate Trend in Birmingham

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the Birmingham region.

Foreign Exchange (FX) Daily Rate Trend in Birmingham