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 27 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
27 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 £463 £465 £450
% change year-on-year
-0.53% +3.33%
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
28 31 38
As % of all contract IT jobs located in Cambridge 7.82% 6.71% 9.41%
Number of daily rates quoted 15 10 19
Median daily rate £400 £325 £313
Median daily rate % change year-on-year
+23.07% +4.00%
90% offered a daily rate of more than £231 £214 £205
10% offered a daily rate of more than £438 £435 £430
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 4 5 5
Median hourly rate £17.50 £29.00 £21.50
Median hourly rate % change year-on-year
-39.65% +34.88%
90% offered a hourly rate of more than £13.65 £19.26 £20.21
10% offered a hourly rate of more than £19.95 £50.00 £38.00
UK excluding London median hourly rate £28.00 £22.03 £20.75
% change year-on-year
+27.12% +6.14%

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