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 13 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
13 Feb 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank - 24 -
Contract jobs citing COREP 0 1 0
As % of all contract IT jobs located in Canary Wharf - 1.00% -
As % of the Quality Assurance & Compliance category - 16.67% -
Number of daily rates quoted 0 1 0
Average daily rate - £550 -
UK excluding London average daily rate £441 £538 £550
% change year-on-year
-17.94% -2.22%
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
14 6 23
As % of all contract IT jobs located in Canary Wharf 11.48% 6.00% 12.43%
Number of daily rates quoted 9 5 11
Average daily rate £500 £550 £500
Average daily rate % change year-on-year
-9.09% +10.00%
90% offered a daily rate of more than £450 £375 £383
10% offered a daily rate of more than £675 £600 £640
UK excluding London average daily rate £400 £385 £363
% change year-on-year
+3.89% +6.20%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £28.00
UK excluding London average hourly rate £42.50 £25.00 £17.15
% change year-on-year
+70.00% +45.77%

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