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 4 May 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
4 May 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank - - -
Contract jobs citing GAAP 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
Median daily rate - - -
UK excluding London median daily rate £289 £550 -
% change year-on-year
-47.50% -
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
9 15 17
As % of all contract IT jobs located in Canary Wharf 7.44% 11.11% 13.18%
Number of daily rates quoted 6 12 7
Median daily rate £575 £520 £500
Median daily rate % change year-on-year
+10.57% +4.00%
90% offered a daily rate of more than £505 £475 £435
10% offered a daily rate of more than £583 £618 £785
UK excluding London median daily rate £400 £387 £368
% change year-on-year
+3.35% +5.30%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £28.00
UK excluding London median hourly rate £25.50 £29.00 £21.00
% change year-on-year
-12.06% +38.09%

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