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 average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 27 August 2014 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
27 Aug 2014
Same period 2013 Same period 2012
Basel II
Rank - - 45
Contract jobs citing Basel II 0 0 5
As % of all contract IT jobs located in Canary Wharf - - 1.44%
As % of the Quality Assurance & Compliance category - - 13.51%
Number of daily rates quoted 0 0 5
Average daily rate
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- - £600
UK excluding London average daily rate £500 £450 £400
% change year-on-year
+11.11% +12.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
12 42 37
As % of all contract IT jobs located in Canary Wharf 10.53% 19.00% 10.63%
Number of daily rates quoted 8 26 32
Average daily rate £475 £555 £575
Average daily rate % change year-on-year
-14.41% -3.47%
90% offered a daily rate of more than £365 £175 £450
10% offered a daily rate of more than £530 £700 £600
UK excluding London average daily rate £375 £360 £361
% change year-on-year
+4.16% -0.34%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £19.50 £17.50 £21.50
% change year-on-year
+11.42% -18.60%

Basel II
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the Canary Wharf region as a proportion of the total demand within 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