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 24 October 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
24 Oct 2014
Same period 2013 Same period 2012
Low Latency
Rank - 14 53
Contract jobs citing Low Latency 0 24 4
As % of all contract IT jobs located in Canary Wharf - 12.50% 0.99%
As % of the Processes & Methodologies category - 15.89% 1.14%
Number of daily rates quoted 0 21 4
Average daily rate
Keep up to 90%
of your Daily Rate
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- £650 £650
UK excluding London average daily rate £438 £375 £375
% change year-on-year
+16.66% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
89 151 351
As % of all contract IT jobs located in Canary Wharf 84.76% 78.65% 87.10%
Number of daily rates quoted 56 103 274
Average daily rate £450 £550 £550
Average daily rate % change year-on-year
-18.18% -
90% offered a daily rate of more than £320 £325 £430
10% offered a daily rate of more than £575 £700 £625
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 2 1 1
Average hourly rate £27.50 £21.50 £25.00
Average hourly rate % change year-on-year
+27.90% -14.00%
UK excluding London average hourly rate £25.38 £29.00 £26.90
% change year-on-year
-12.50% +7.80%

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