The table below looks at the statistics for Benchmarking 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 Benchmarking over the 3 months to 14 February 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.

Location
3 months to
14 Feb 2016
Same period 2015 Same period 2014
Benchmarking
Rank - - -
Contract jobs citing Benchmarking 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £400 £351 £325
% change year-on-year
+14.12% +7.84%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £20.00 £42.00 -
% change year-on-year
-52.38% -
Benchmarking
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
109 87 151
As % of all contract IT jobs located in Canary Wharf 86.51% 87.00% 82.07%
Number of daily rates quoted 91 65 106
Average daily rate £475 £500 £565
Average daily rate % change year-on-year
-5.00% -11.50%
90% offered a daily rate of more than £354 £425 £400
10% offered a daily rate of more than £650 £725 £800
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 4
Average hourly rate - - £23.00
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Benchmarking
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Benchmarking across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Benchmarking Jobs Demand Trend in Canary Wharf

Benchmarking
Daily Rate Trend in Canary Wharf

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

Benchmarking Daily Rate Trend in Canary Wharf