The table below looks at the statistics for COREP 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 COREP over the 3 months to 28 April 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
28 Apr 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank - - -
Contract jobs citing COREP 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 £455 £550 £575
% change year-on-year
-17.27% -4.34%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
COREP
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 15
As % of all contract IT jobs located in Canary Wharf 9.16% 11.36% 11.03%
Number of daily rates quoted 8 12 5
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 £415
10% offered a daily rate of more than £675 £618 £665
UK excluding London average daily rate £400 £385 £370
% change year-on-year
+3.89% +4.05%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £28.00
UK excluding London average hourly rate £33.00 £29.00 £20.50
% change year-on-year
+13.79% +41.46%

COREP
Jobs Demand Trend in Canary Wharf

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

COREP Jobs Demand Trend in Canary Wharf

COREP
Daily Rate Trend in Canary Wharf

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

COREP Daily Rate Trend in Canary Wharf