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 average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 29 December 2014 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
29 Dec 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 23 - 48
Rank change year-on-year
- 0
Contract jobs citing GAAP 1 0 1
As % of all contract IT jobs located in Canary Wharf 0.90% - 0.28%
As % of the Quality Assurance & Compliance category 12.50% - 2.44%
Number of daily rates quoted 1 0 0
Average daily rate
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£500 - -
UK excluding London average daily rate £475 £463 -
% change year-on-year
+2.70% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £45.00
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
8 15 41
As % of all contract IT jobs located in Canary Wharf 7.21% 8.24% 11.61%
Number of daily rates quoted 7 9 25
Average daily rate £550 £538 £546
Average daily rate % change year-on-year
+2.32% -1.60%
90% offered a daily rate of more than £495 £320 £263
10% offered a daily rate of more than £605 £640 £625
UK excluding London average daily rate £373 £350 £350
% change year-on-year
+6.42% -
Number of hourly rates quoted 0 0 1
Average hourly rate - - £20.00
UK excluding London average hourly rate £19.00 £18.00 £21.50
% change year-on-year
+5.55% -16.27%

GAAP
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing GAAP across the Canary Wharf region as a proportion of the total demand within 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

GAAP
Top 11 Related IT Skills in Canary Wharf

For the 6 months to 29 December 2014, IT contractor jobs across the Canary Wharf region citing GAAP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited GAAP.

1 1 (100.00%) OLAP
1 1 (100.00%) Cognos
1 1 (100.00%) Data Warehouse
1 1 (100.00%) Business Intelligence
1 1 (100.00%) Project Management
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Asset Management
1 1 (100.00%) Applix
1 1 (100.00%) Cognos TM1
1 1 (100.00%) Wealth Management

GAAP
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 29 December 2014, IT contractor jobs across the Canary Wharf region citing GAAP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited GAAP. Up to 20 skills are shown per category.

Business Applications
1 1 (100.00%) Cognos TM1
Database & Business Intelligence
1 1 (100.00%) OLAP
1 1 (100.00%) Data Warehouse
General
1 1 (100.00%) Finance
1 1 (100.00%) Banking
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) TM1 Developer
Processes & Methodologies
1 1 (100.00%) Business Intelligence
1 1 (100.00%) Project Management
1 1 (100.00%) Asset Management
1 1 (100.00%) Wealth Management
Vendors
1 1 (100.00%) Cognos
1 1 (100.00%) Applix