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 11 December 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
11 Dec 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 - - 0.96%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £375 £450 £310
% change year-on-year
-16.66% +45.16%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £21.50 £42.50 £17.50
% change year-on-year
-49.41% +142.85%
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
145 153 104
As % of all contract IT jobs located in Canary Wharf 93.55% 86.93% 89.66%
Number of daily rates quoted 103 124 76
Median daily rate £525 £500 £450
Median daily rate % change year-on-year
+5.00% +11.11%
90% offered a daily rate of more than £353 £350 £235
10% offered a daily rate of more than £650 £600 £600
UK excluding London median daily rate £413 £400 £387
% change year-on-year
+3.12% +3.35%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £27.50
UK excluding London median hourly rate £30.00 £33.00 £25.00
% change year-on-year
-9.09% +32.00%

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