The table below looks at the statistics for GAAP skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 27 July 2016 with a comparison to the same period over 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
27 Jul 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank - - 20
Contract jobs citing GAAP 0 0 1
As % of all contract IT jobs located in Canary Wharf - - 0.86%
As % of the Quality Assurance & Compliance category - - 5.56%
Number of daily rates quoted 0 0 1
Median daily rate - - £325
UK excluding London median daily rate £280 £375 £250
% change year-on-year
-25.33% +50.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
GAAP
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
10 15 18
As % of all contract IT jobs located in Canary Wharf 7.14% 8.15% 15.52%
Number of daily rates quoted 8 11 8
Median daily rate £510 £475 £488
Median daily rate % change year-on-year
+7.36% -2.56%
90% offered a daily rate of more than £285 £375 £360
10% offered a daily rate of more than £675 £550 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

GAAP
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing GAAP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

GAAP Jobs Demand Trend in Canary Wharf

GAAP
Daily Rate Trend in Canary Wharf

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

GAAP Daily Rate Trend in Canary Wharf