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 25 June 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
25 Jun 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 - - 0.98%
As % of the Quality Assurance & Compliance category - - 6.25%
Number of daily rates quoted 0 0 1
Median daily rate - - £325
UK excluding London median daily rate £303 £388 £263
% change year-on-year
-21.93% +47.61%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £17.00
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
7 20 16
As % of all contract IT jobs located in Canary Wharf 5.69% 11.56% 15.69%
Number of daily rates quoted 4 17 7
Median daily rate £575 £475 £500
Median daily rate % change year-on-year
+21.05% -5.00%
90% offered a daily rate of more than £505 £390 £355
10% offered a daily rate of more than £675 £550 £620
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.50 £24.75 £21.00
% change year-on-year
+15.15% +17.85%

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