The table below looks at the statistics for Basel III 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 III over the 3 months to 1 October 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
1 Oct 2014
Same period 2013 Same period 2012
Basel III
Rank - - 43
Contract jobs citing Basel III 0 0 13
As % of all contract IT jobs located in Canary Wharf - - 3.23%
As % of the Quality Assurance & Compliance category - - 23.21%
Number of daily rates quoted 0 0 13
Average daily rate
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- - £550
UK excluding London average daily rate £475 £433 £383
% change year-on-year
+9.82% +13.07%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel III
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
9 30 56
As % of all contract IT jobs located in Canary Wharf 7.63% 13.82% 13.90%
Number of daily rates quoted 4 20 51
Average daily rate £500 £545 £550
Average daily rate % change year-on-year
-8.25% -0.90%
90% offered a daily rate of more than £438 £175 £450
10% offered a daily rate of more than £525 £700 £600
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%

Basel III
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Basel III across the Canary Wharf region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel III Jobs Demand Trend in Canary Wharf

Basel III
Daily Rate Trend in Canary Wharf

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

Basel III Daily Rate Trend in Canary Wharf