The table below looks at the statistics for Basel II skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited Basel II over the 3 months to 29 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
29 Aug 2016
Same period 2015 Same period 2014
Basel II
Rank - - -
Contract jobs citing Basel II 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
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 £490 £500
% change year-on-year
-5.61% -2.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Basel II
London

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 Canary Wharf region.

Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
16 21 19
As % of all contract IT jobs located in Canary Wharf 10.13% 11.41% 16.67%
Number of daily rates quoted 12 15 8
Median daily rate £340 £475 £475
Median daily rate % change year-on-year
-28.42% -
90% offered a daily rate of more than £302 £388 £365
10% offered a daily rate of more than £525 £594 £530
UK excluding London median daily rate £400 £409 £380
% change year-on-year
-2.14% +7.56%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.00 £24.00 £19.75
% change year-on-year
+16.66% +21.51%

Basel II
Jobs Demand Trend in Canary Wharf

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

Basel II Jobs Demand Trend in Canary Wharf

Basel II
Daily Rate Trend in Canary Wharf

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

Basel II Daily Rate Trend in Canary Wharf

Basel II
Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the Canary Wharf region.

Basel II Hourly Rate Trend in Canary Wharf