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 August 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 Aug 2016
Same period 2015 Same period 2014
Rapid Application Development (RAD)
Rank - - 22
Contract jobs citing RAD 0 0 1
As % of all contract IT jobs located in Canary Wharf - - 0.86%
As % of the Processes & Methodologies category - - 0.94%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £420 £413 £278
% change year-on-year
+1.81% +48.64%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £30.34 -
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
133 161 106
As % of all contract IT jobs located in Canary Wharf 87.50% 85.64% 91.38%
Number of daily rates quoted 97 113 52
Median daily rate £425 £475 £450
Median daily rate % change year-on-year
-10.52% +5.55%
90% offered a daily rate of more than £300 £350 £323
10% offered a daily rate of more than £530 £575 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 8
Median hourly rate - - £18.00
UK excluding London median hourly rate £30.00 £33.00 £26.00
% change year-on-year
-9.09% +26.92%

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