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 31 August 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
31 Aug 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank - - 22
Contract jobs citing GAAP 0 0 1
As % of all contract IT jobs located in Canary Wharf - - 0.88%
As % of the Quality Assurance & Compliance category - - 5.26%
Number of daily rates quoted 0 0 1
Median daily rate - - £325
UK excluding London median daily rate £280 £381 £250
% change year-on-year
-26.55% +52.50%
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
17 22 19
As % of all contract IT jobs located in Canary Wharf 10.97% 11.76% 16.67%
Number of daily rates quoted 13 15 8
Median daily rate £340 £475 £475
Median daily rate % change year-on-year
-28.42% -
90% offered a daily rate of more than £304 £388 £365
10% offered a daily rate of more than £525 £594 £530
UK excluding London median daily rate £400 £408 £380
% change year-on-year
-1.84% +7.23%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.15 £25.69 £20.00
% change year-on-year
+9.57% +28.45%

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