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 28 August 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
28 Aug 2016
Same period 2015 Same period 2014
Solvency II
Rank - 59 -
Contract jobs citing Solvency II 0 2 0
As % of all contract IT jobs located in Cambridge - 0.38% -
As % of the Quality Assurance & Compliance category - 5.00% -
Number of daily rates quoted 0 2 0
Median daily rate - £650 -
UK excluding London median daily rate £485 £525 £450
% change year-on-year
-7.61% +16.66%
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
17 40 58
As % of all contract IT jobs located in Cambridge 4.97% 7.68% 11.62%
Number of daily rates quoted 8 18 26
Median daily rate £344 £325 £313
Median daily rate % change year-on-year
+5.76% +4.00%
90% offered a daily rate of more than £255 £294 £165
10% offered a daily rate of more than £435 £499 £510
UK excluding London median daily rate £400 £408 £382
% change year-on-year
-1.84% +6.67%
Number of hourly rates quoted 2 7 18
Median hourly rate £11.25 £29.00 £27.50
Median hourly rate % change year-on-year
-61.20% +5.45%
90% offered a hourly rate of more than £10.65 £15.77 £20.84
10% offered a hourly rate of more than £11.85 £51.00 £29.90
UK excluding London median hourly rate £28.15 £24.75 £19.75
% change year-on-year
+13.73% +25.31%

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