The table below looks at the prevalence of the term SWIFT in IT contracts advertised for the Bristol region. Included is a guide to the average contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 2 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
2 Oct 2014
Same period 2013 Same period 2012
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank - 52 -
Contract jobs citing SWIFT 0 1 0
As % of all contract IT jobs located in Bristol - 0.16% -
As % of the Miscellaneous category - 0.66% -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £438 £400 £450
% change year-on-year
+9.37% -11.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £60.00 - -
SWIFT
South West

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

Miscellaneous Category
Bristol
Contract IT job ads with a match in the
Miscellaneous category
230 152 224
As % of all contract IT jobs located in Bristol 24.03% 23.71% 25.84%
Number of daily rates quoted 157 105 131
Average daily rate £375 £300 £336
Average daily rate % change year-on-year
+25.00% -10.78%
90% offered a daily rate of more than £275 £250 £248
10% offered a daily rate of more than £570 £443 £450
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 7 8 15
Average hourly rate £16.50 £15.75 £41.00
Average hourly rate % change year-on-year
+4.76% -61.58%
90% offered a hourly rate of more than £12.50 £11.00 £35.00
10% offered a hourly rate of more than £17.00 £22.75 £47.50
UK excluding London average hourly rate £18.00 £17.50 £26.00
% change year-on-year
+2.85% -32.69%

SWIFT
Jobs Demand Trend in Bristol

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

SWIFT Jobs Demand Trend in Bristol

SWIFT
Hourly Rate Trend in Bristol

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing SWIFT across the Bristol region.

SWIFT Hourly Rate Trend in Bristol