The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the Cambridgeshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 4 March 2015 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
4 Mar 2015
Same period 2014 Same period 2013
Market Risk
Rank - - -
Contract jobs citing Market Risk 0 0 0
As % of all contract IT jobs located in Cambridgeshire - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £425 £370 £363
% change year-on-year
+14.86% +2.06%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk
East of England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Cambridgeshire region.

Miscellaneous Category
Cambridgeshire
Contract IT job ads with a match in the
Miscellaneous category
139 132 219
As % of all contract IT jobs located in Cambridgeshire 20.68% 23.20% 31.47%
Number of daily rates quoted 86 49 87
Average daily rate £325 £325 £375
Average daily rate % change year-on-year
- -13.33%
90% offered a daily rate of more than £177 £245 £250
10% offered a daily rate of more than £475 £450 £550
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 11 17 22
Average hourly rate £14.00 £35.50 £40.00
Average hourly rate % change year-on-year
-60.56% -11.25%
90% offered a hourly rate of more than £12.14 £13.50 £12.50
10% offered a hourly rate of more than £42.50 £43.00 £49.90
UK excluding London average hourly rate £18.50 £17.68 £20.00
% change year-on-year
+4.63% -11.60%

Market Risk
Jobs Demand Trend in Cambridgeshire

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the Cambridgeshire region as a proportion of the total demand within the Miscellaneous category.

Market Risk Jobs Demand Trend in Cambridgeshire