The first table below looks at the demand for knowledge and experience of OpenLink products and/or services 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 OpenLink over the 3 months to 23 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the Canary Wharf region.

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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within OpenLink Financial, Inc.

Location
3 months to
23 Jul 2014
Same period 2013 Same period 2012
OpenLink
Rank - 45 41
Contract jobs citing OpenLink 0 1 4
As % of all contract IT jobs located in Canary Wharf - 0.34% 1.19%
As % of the Vendors category - 0.73% 2.37%
Number of daily rates quoted 0 1 2
Average daily rate
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of your Daily Rate
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- £572 £464
Average daily rate % change year-on-year
- +23.40%
UK excluding London average daily rate £838 £763 £575
% change year-on-year
+9.83% +32.60%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
63 137 169
As % of all contract IT jobs located in Canary Wharf 54.31% 45.97% 50.30%
Number of daily rates quoted 27 90 93
Average daily rate £500 £465 £520
Average daily rate % change year-on-year
+7.52% -10.57%
90% offered a daily rate of more than £310 £230 £375
10% offered a daily rate of more than £610 £635 £650
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 7 2 2
Average hourly rate £18.00 £22.50 £13.50
Average hourly rate % change year-on-year
-20.00% +66.66%
UK excluding London average hourly rate £17.50 £19.50 £19.00
% change year-on-year
-10.25% +2.63%
OpenLink
London

OpenLink
Jobs Demand Trend in Canary Wharf

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

OpenLink Jobs Demand Trend in Canary Wharf

OpenLink
Daily Rate Trend in Canary Wharf

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

OpenLink Daily Rate Trend in Canary Wharf