The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Birmingham region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 30 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
30 Aug 2016
Same period 2015 Same period 2014
Solvency II
Rank - 57 -
Contract jobs citing Solvency II 0 1 0
As % of all contract IT jobs located in Birmingham - 0.14% -
As % of the Quality Assurance & Compliance category - 2.00% -
Number of daily rates quoted 0 1 0
Median daily rate - £500 -
UK excluding London median daily rate £480 £525 £463
% change year-on-year
-8.57% +13.51%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
West Midlands

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

Quality Assurance & Compliance Category
Birmingham
Contract IT job ads with a match in the
Quality Assurance & Compliance category
64 50 81
As % of all contract IT jobs located in Birmingham 8.33% 6.90% 10.80%
Number of daily rates quoted 44 28 38
Median daily rate £375 £345 £375
Median daily rate % change year-on-year
+8.69% -8.00%
90% offered a daily rate of more than £206 £218 £150
10% offered a daily rate of more than £467 £500 £508
UK excluding London median daily rate £400 £409 £380
% change year-on-year
-2.14% +7.56%
Number of hourly rates quoted 1 4 3
Median hourly rate £25.00 £22.64 £13.87
Median hourly rate % change year-on-year
+10.43% +63.21%
UK excluding London median hourly rate £28.15 £24.00 £20.00
% change year-on-year
+17.29% +20.00%

Solvency II
Jobs Demand Trend in Birmingham

The demand trend of contract jobs across the Birmingham region citing Solvency II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Birmingham

Solvency II
Daily Rate Trend in Birmingham

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

Solvency II Daily Rate Trend in Birmingham