The first table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Cambridge region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 18 April 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 General category for the Cambridge 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
18 Apr 2014
Same period 2013 Same period 2012
Financial Institution
Rank - 34 48
Contract jobs citing Financial Institution 0 11 4
As % of all contract IT jobs located in Cambridge - 2.85% 0.84%
As % of the General category - 11.34% 3.60%
Number of daily rates quoted 0 0 3
Average daily rate - - £450
UK excluding London average daily rate £375 £380 £373
% change year-on-year
-1.31% +2.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £12.00 £20.50 £18.64
% change year-on-year
-41.46% +10.00%
General Category
Cambridge
Contract IT job ads with a match in the
General category
82 97 111
As % of all contract IT jobs located in Cambridge 22.47% 25.13% 23.22%
Number of daily rates quoted 42 29 58
Average daily rate £300 £350 £375
Average daily rate % change year-on-year
-14.28% -6.66%
90% offered a daily rate of more than £196 £225 £271
10% offered a daily rate of more than £438 £500 £575
UK excluding London average daily rate £380 £375 £375
% change year-on-year
+1.33% -
Number of hourly rates quoted 10 19 16
Average hourly rate £42.50 £38.50 £37.50
Average hourly rate % change year-on-year
+10.38% +2.66%
90% offered a hourly rate of more than £35.00 £16.40 £10.85
10% offered a hourly rate of more than £45.00 £45.00 £48.00
UK excluding London average hourly rate £25.00 £27.00 £25.00
% change year-on-year
-7.40% +8.00%
Financial Institution
Cambridgeshire

Financial Institution
Jobs Demand Trend in Cambridge

This chart provides a 3-month moving total of IT contractor jobs citing Financial Institution across the Cambridge region as a proportion of the total demand within the General category.

Financial Institution Jobs Demand Trend in Cambridge

Financial Institution
Daily Rate Trend in Cambridge

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

Financial Institution Daily Rate Trend in Cambridge