The table below looks at the statistics for Low Latency 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 Low Latency over the 3 months to 1 September 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
1 Sep 2014
Same period 2013 Same period 2012
Low Latency
Rank - 22 46
Contract jobs citing Low Latency 0 19 2
As % of all contract IT jobs located in Canary Wharf - 8.80% 0.58%
As % of the Processes & Methodologies category - 10.80% 0.72%
Number of daily rates quoted 0 19 2
Average daily rate
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of your Daily Rate
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- £700 £675
Average daily rate % change year-on-year
- +3.70%
UK excluding London average daily rate £375 £375 £315
% change year-on-year
- +19.04%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £40.00 -
Low Latency
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
102 176 279
As % of all contract IT jobs located in Canary Wharf 87.18% 81.48% 81.34%
Number of daily rates quoted 50 130 192
Average daily rate £475 £485 £550
Average daily rate % change year-on-year
-2.06% -11.81%
90% offered a daily rate of more than £326 £302 £400
10% offered a daily rate of more than £600 £700 £625
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 6 0 3
Average hourly rate £18.00 - £24.25
UK excluding London average hourly rate £26.50 £30.00 £31.00
% change year-on-year
-11.66% -3.22%

Low Latency
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Low Latency across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Low Latency Jobs Demand Trend in Canary Wharf

Low Latency
Daily Rate Trend in Canary Wharf

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

Low Latency Daily Rate Trend in Canary Wharf