The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Cambridge region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 30 September 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
30 Sep 2014
Same period 2013 Same period 2012
Solvency II
Rank - 44 -
Contract jobs citing Solvency II 0 1 0
As % of all contract IT jobs located in Cambridge - 0.27% -
As % of the Quality Assurance & Compliance category - 4.00% -
Number of daily rates quoted 0 1 0
Average daily rate
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- £500 -
UK excluding London average daily rate £491 £475 £425
% change year-on-year
+3.42% +11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
Cambridgeshire

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 Cambridge region.

Quality Assurance & Compliance Category
Cambridge
Contract IT job ads with a match in the
Quality Assurance & Compliance category
45 25 40
As % of all contract IT jobs located in Cambridge 10.61% 6.79% 9.69%
Number of daily rates quoted 19 11 21
Average daily rate £371 £375 £423
Average daily rate % change year-on-year
-1.00% -11.24%
90% offered a daily rate of more than £174 £217 £250
10% offered a daily rate of more than £525 £470 £425
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 19 0 8
Average hourly rate £27.50 - £18.25
90% offered a hourly rate of more than £21.00 - £10.47
10% offered a hourly rate of more than £31.90 - £28.75
UK excluding London average hourly rate £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%