The table below looks at the statistics for knowledge and experience of Sophis 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 Sophis over the 3 months to 17 April 2015 with a comparison to the same period in 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Sophis.

Location
3 months to
17 Apr 2015
Same period 2014 Same period 2013
Sophis
Rank - - 46
Contract jobs citing Sophis 0 0 2
As % of all contract IT jobs located in Canary Wharf - - 0.55%
As % of the Vendors category - - 1.33%
Number of daily rates quoted 0 0 2
Average daily rate
Keep up to 90%
of your Daily Rate
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- - £675
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Sophis
London

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Canary Wharf region.

Vendors Category
Canary Wharf
Contract IT job ads with a match in the
Vendors category
70 54 150
As % of all contract IT jobs located in Canary Wharf 54.69% 34.39% 40.98%
Number of daily rates quoted 41 32 125
Average daily rate £500 £525 £572
Average daily rate % change year-on-year
-4.76% -8.21%
90% offered a daily rate of more than £425 £250 £298
10% offered a daily rate of more than £550 £700 £675
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 0 4 2
Average hourly rate - £25.50 £30.00
Average hourly rate % change year-on-year
- -15.00%
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

Sophis
Jobs Demand Trend in Canary Wharf

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

Sophis Jobs Demand Trend in Canary Wharf

Sophis
Daily Rate Trend in Canary Wharf

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

Sophis Daily Rate Trend in Canary Wharf