The table below looks at the prevalence of the term SWIFT in IT contracts advertised for the Cambridgeshire region. Included is a guide to the contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 30 May 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
30 May 2016
Same period 2015 Same period 2014
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank - - -
Contract jobs citing SWIFT 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
Median daily rate - - -
UK excluding London median daily rate £475 £488 £444
% change year-on-year
-2.56% +9.79%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £22.00 - -
SWIFT
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
170 190 195
As % of all contract IT jobs located in Cambridgeshire 29.36% 24.48% 26.71%
Number of daily rates quoted 101 88 86
Median daily rate £400 £300 £325
Median daily rate % change year-on-year
+33.33% -7.69%
90% offered a daily rate of more than £275 £230 £183
10% offered a daily rate of more than £575 £403 £465
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 11 36 28
Median hourly rate £16.25 £23.00 £23.00
Median hourly rate % change year-on-year
-29.34% -
90% offered a hourly rate of more than £10.18 £12.50 £13.50
10% offered a hourly rate of more than £52.00 £42.50 £40.00
UK excluding London median hourly rate £22.00 £18.47 £20.00
% change year-on-year
+19.11% -7.65%

SWIFT
Jobs Demand Trend in Cambridgeshire

The demand trend of contract jobs across the Cambridgeshire region citing SWIFT as a proportion of all IT contracts with a match in the Miscellaneous category.

SWIFT Jobs Demand Trend in Cambridgeshire