The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Cambridge 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 6 March 2015 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
6 Mar 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank - - -
Contract jobs citing Foreign Exchange (FX) 0 0 0
As % of all contract IT jobs located in Cambridge - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
- - -
UK excluding London average daily rate £420 £465 £388
% change year-on-year
-9.67% +19.92%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £47.00 £20.50
% change year-on-year
- +129.26%
Foreign Exchange (FX)
Cambridgeshire

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

Miscellaneous Category
Cambridge
Contract IT job ads with a match in the
Miscellaneous category
79 67 155
As % of all contract IT jobs located in Cambridge 25.08% 23.43% 36.13%
Number of daily rates quoted 55 23 50
Average daily rate £375 £334 £375
Average daily rate % change year-on-year
+12.35% -11.00%
90% offered a daily rate of more than £210 £211 £300
10% offered a daily rate of more than £475 £421 £418
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 2 15 18
Average hourly rate £42.50 £36.50 £40.00
Average hourly rate % change year-on-year
+16.43% -8.75%
UK excluding London average hourly rate £19.00 £17.50 £20.00
% change year-on-year
+8.57% -12.50%

Foreign Exchange (FX)
Jobs Demand Trend in Cambridge

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

Foreign Exchange (FX) Jobs Demand Trend in Cambridge