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 27 July 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
27 Jul 2016
Same period 2015 Same period 2014
Rapid Application Development (RAD)
Rank - - -
Contract jobs citing RAD 0 0 0
As % of all contract IT jobs located in Canary Wharf - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £425 £350 £325
% change year-on-year
+21.42% +7.69%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £32.00 £40.50
% change year-on-year
- -20.98%
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
116 165 108
As % of all contract IT jobs located in Canary Wharf 82.86% 89.67% 93.10%
Number of daily rates quoted 85 108 53
Median daily rate £438 £475 £475
Median daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £310 £325 £320
10% offered a daily rate of more than £528 £550 £625
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 0 0 7
Median hourly rate - - £18.00
UK excluding London median hourly rate £30.00 £30.00 £26.98
% change year-on-year
- +11.21%

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