The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Bristol region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 1 October 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
1 Oct 2016
Same period 2015 Same period 2014
Solvency II
Rank - 68 59
Contract jobs citing Solvency II 0 5 14
As % of all contract IT jobs located in Bristol - 0.56% 1.47%
As % of the Quality Assurance & Compliance category - 8.62% 16.28%
Number of daily rates quoted 0 3 11
Median daily rate - £475 £413
Median daily rate % change year-on-year
- +15.15%
UK excluding London median daily rate £525 £625 £483
% change year-on-year
-16.00% +29.53%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
South West

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 Bristol region.

Quality Assurance & Compliance Category
Bristol
Contract IT job ads with a match in the
Quality Assurance & Compliance category
87 58 86
As % of all contract IT jobs located in Bristol 9.82% 6.46% 9.04%
Number of daily rates quoted 55 43 57
Median daily rate £381 £350 £400
Median daily rate % change year-on-year
+8.92% -12.50%
90% offered a daily rate of more than £232 £236 £308
10% offered a daily rate of more than £513 £470 £530
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 6 6 3
Median hourly rate £28.15 £22.50 £20.00
Median hourly rate % change year-on-year
+25.11% +12.50%
UK excluding London median hourly rate £32.00 £28.00 £20.50
% change year-on-year
+14.28% +36.58%

Solvency II
Jobs Demand Trend in Bristol

The demand trend of contract jobs across the Bristol 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 Bristol

Solvency II
Daily Rate Trend in Bristol

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

Solvency II Daily Rate Trend in Bristol