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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Benchmarking
Rank - - 47
Contract jobs citing Benchmarking 0 0 4
As % of all contract IT jobs located in Canary Wharf - - 1.09%
As % of the Processes & Methodologies category - - 1.20%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £400 £388 £325
% change year-on-year
+3.22% +19.23%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £33.15 £31.00 -
% change year-on-year
+6.93% -
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
96 159 332
As % of all contract IT jobs located in Canary Wharf 84.96% 82.81% 90.46%
Number of daily rates quoted 74 113 242
Average daily rate £450 £550 £525
Average daily rate % change year-on-year
-18.18% +4.76%
90% offered a daily rate of more than £263 £325 £390
10% offered a daily rate of more than £650 £800 £600
UK excluding London average daily rate £388 £365 £365
% change year-on-year
+6.16% -
Number of hourly rates quoted 1 0 2
Average hourly rate £27.50 - £20.75
UK excluding London average hourly rate £25.00 £27.00 £30.00
% change year-on-year
-7.40% -10.00%

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