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 19 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
19 Dec 2014
Same period 2013 Same period 2012
Low Latency
Rank - 23 48
Contract jobs citing Low Latency 0 8 3
As % of all contract IT jobs located in Canary Wharf - 4.17% 0.82%
As % of the Processes & Methodologies category - 5.03% 0.90%
Number of daily rates quoted 0 6 3
Average daily rate
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- £1,000 £650
Average daily rate % change year-on-year
- +53.84%
UK excluding London average daily rate £438 £470 £450
% change year-on-year
-6.91% +4.44%
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
96 159 332
As % of all contract IT jobs located in Canary Wharf 84.96% 82.81% 90.46%
Number of daily rates quoted 74 113 242
Average daily rate £450 £550 £525
Average daily rate % change year-on-year
-18.18% +4.76%
90% offered a daily rate of more than £263 £325 £390
10% offered a daily rate of more than £650 £800 £600
UK excluding London average daily rate £388 £365 £365
% change year-on-year
+6.16% -
Number of hourly rates quoted 1 0 2
Average hourly rate £27.50 - £20.75
UK excluding London average hourly rate £25.00 £27.00 £30.00
% change year-on-year
-7.40% -10.00%

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