The table below looks at the prevalence of the term Credit Risk in IT contracts advertised for the Cardiff region. Included is a guide to the average contractor rates offered in IT contracts that have cited Credit Risk over the 3 months to 1 September 2014 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.

Location
3 months to
1 Sep 2014
Same period 2013 Same period 2012
Credit Risk
Rank - 32 27
Contract jobs citing Credit Risk 0 4 3
As % of all contract IT jobs located in Cardiff - 1.40% 1.80%
As % of the Miscellaneous category - 6.45% 6.12%
Number of daily rates quoted 0 3 3
Average daily rate
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- £450 £400
Average daily rate % change year-on-year
- +12.50%
UK excluding London average daily rate £413 £475 £400
% change year-on-year
-13.15% +18.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £57.50
Credit Risk
South Wales

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

Miscellaneous Category
Cardiff
Contract IT job ads with a match in the
Miscellaneous category
88 62 49
As % of all contract IT jobs located in Cardiff 23.53% 21.75% 29.34%
Number of daily rates quoted 62 41 30
Average daily rate £350 £345 £313
Average daily rate % change year-on-year
+1.44% +10.40%
90% offered a daily rate of more than £218 £275 £260
10% offered a daily rate of more than £450 £415 £440
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 1 1 3
Average hourly rate £10.50 £15.25 £65.00
Average hourly rate % change year-on-year
-31.14% -76.53%
UK excluding London average hourly rate £19.96 £17.50 £29.00
% change year-on-year
+14.02% -39.65%

Credit Risk
Jobs Demand Trend in Cardiff

This chart provides a 3-month moving total of IT contractor jobs citing Credit Risk across the Cardiff region as a proportion of the total demand within the Miscellaneous category.

Credit Risk Jobs Demand Trend in Cardiff

Credit Risk
Daily Rate Trend in Cardiff

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Risk across the Cardiff region.

Credit Risk Daily Rate Trend in Cardiff