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 May 2016 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Basel III
Rank - - -
Contract jobs citing Basel III 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
Average daily rate - - -
UK excluding London average daily rate £500 £500 £451
% change year-on-year
- +10.98%
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
12 15 17
As % of all contract IT jobs located in Canary Wharf 9.45% 11.19% 12.88%
Number of daily rates quoted 8 12 7
Average daily rate £575 £520 £500
Average daily rate % change year-on-year
+10.57% +4.00%
90% offered a daily rate of more than £500 £475 £435
10% offered a daily rate of more than £675 £618 £785
UK excluding London average daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £28.00
UK excluding London average hourly rate £33.00 £29.00 £21.00
% change year-on-year
+13.79% +38.09%

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