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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 1 June 2016 with a comparison to the same period over 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.

3 months to
1 Jun 2016
Same period 2015 Same period 2014
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
Median daily rate - - -
UK excluding London median daily rate £588 £465 £451
% change year-on-year
+26.34% +3.21%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
37 27 32
As % of all contract IT jobs located in Cambridge 10.42% 7.09% 8.67%
Number of daily rates quoted 18 14 14
Median daily rate £425 £338 £320
Median daily rate % change year-on-year
+25.92% +5.46%
90% offered a daily rate of more than £240 £238 £205
10% offered a daily rate of more than £438 £488 £485
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 4 4 6
Median hourly rate £18.00 £26.00 £36.25
Median hourly rate % change year-on-year
-30.76% -28.27%
90% offered a hourly rate of more than £17.50 £17.00 £20.85
10% offered a hourly rate of more than £20.25 £52.50 £45.00
UK excluding London median hourly rate £27.62 £25.00 £21.00
% change year-on-year
+10.48% +19.04%

Solvency II
Jobs Demand Trend in Cambridge

The demand trend of contract jobs across the Cambridge region citing Solvency II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Cambridge

Solvency II
Daily Rate Trend in Cambridge

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

Solvency II Daily Rate Trend in Cambridge