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 4 March 2015 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
4 Mar 2015
Same period 2014 Same period 2013
Benchmarking
Rank - - 42
Contract jobs citing Benchmarking 0 0 2
As % of all contract IT jobs located in Canary Wharf - - 0.60%
As % of the Processes & Methodologies category - - 0.68%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £675
UK excluding London average daily rate £350 £325 £400
% change year-on-year
+7.69% -18.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £42.00 £167.50 £21.00
% change year-on-year
-74.92% +697.61%
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
75 143 293
As % of all contract IT jobs located in Canary Wharf 82.42% 80.79% 88.52%
Number of daily rates quoted 49 96 219
Average daily rate £500 £550 £550
Average daily rate % change year-on-year
-9.09% -
90% offered a daily rate of more than £375 £363 £385
10% offered a daily rate of more than £725 £800 £650
UK excluding London average daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 0 5 3
Average hourly rate - £21.50 £18.75
Average hourly rate % change year-on-year
- +14.66%
UK excluding London average hourly rate £30.00 £27.50 £31.50
% change year-on-year
+9.09% -12.69%

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