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 29 August 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
29 Aug 2014
Same period 2013 Same period 2012
Solvency II
Rank - - -
Contract jobs citing Solvency II 0 0 0
As % of all contract IT jobs located in Cambridge - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £456 £445 £418
% change year-on-year
+2.52% +6.58%
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
49 20 42
As % of all contract IT jobs located in Cambridge 9.94% 5.49% 9.07%
Number of daily rates quoted 24 5 22
Average daily rate £313 £400 £400
Average daily rate % change year-on-year
-21.87% -
90% offered a daily rate of more than £218 £283 £250
10% offered a daily rate of more than £499 £400 £425
UK excluding London average daily rate £375 £360 £360
% change year-on-year
+4.16% -
Number of hourly rates quoted 18 0 9
Average hourly rate £27.50 - £22.50
UK excluding London average hourly rate £19.75 £17.50 £21.25
% change year-on-year
+12.85% -17.64%