The table below looks at the statistics for RAD 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 RAD over the 3 months to 30 May 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
30 May 2016
Same period 2015 Same period 2014
Rapid Application Development (RAD)
Rank - 30 -
Contract jobs citing RAD 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.61% -
As % of the Processes & Methodologies category - 0.67% -
Number of daily rates quoted 0 1 0
Median daily rate - £525 -
UK excluding London median daily rate £425 £375 £388
% change year-on-year
+13.33% -3.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £40.00 £43.25
% change year-on-year
- -7.51%
RAD
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
97 150 97
As % of all contract IT jobs located in Canary Wharf 85.09% 90.91% 87.39%
Number of daily rates quoted 84 95 66
Median daily rate £500 £500 £450
Median daily rate % change year-on-year
- +11.11%
90% offered a daily rate of more than £350 £356 £319
10% offered a daily rate of more than £650 £600 £650
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 1 0 1
Median hourly rate £26.00 - £18.00
UK excluding London median hourly rate £32.50 £30.00 £30.00
% change year-on-year
+8.33% -

RAD
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing RAD as a proportion of all IT contracts with a match in the Processes & Methodologies category.

RAD Jobs Demand Trend in Canary Wharf

RAD
Daily Rate Trend in Canary Wharf

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

RAD Daily Rate Trend in Canary Wharf