The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Cardiff region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 28 May 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.

Location
3 months to
28 May 2015
Same period 2014 Same period 2013
Financial Institution
Rank - - -
Contract jobs citing Financial Institution 0 0 0
As % of all contract IT jobs located in Cardiff - - -
As % of the General category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £423 £350 £375
% change year-on-year
+20.71% -6.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.45 £23.00 £20.50
% change year-on-year
-54.55% +12.19%
Financial Institution
South Wales

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

General Category
Cardiff
Contract IT job ads with a match in the
General category
82 180 78
As % of all contract IT jobs located in Cardiff 28.47% 43.58% 40.41%
Number of daily rates quoted 73 128 55
Average daily rate £356 £375 £375
Average daily rate % change year-on-year
-5.06% -
90% offered a daily rate of more than £265 £205 £235
10% offered a daily rate of more than £450 £500 £500
UK excluding London average daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 2 1 2
Average hourly rate £10.75 £27.50 £19.00
Average hourly rate % change year-on-year
-60.91% +44.73%
UK excluding London average hourly rate £24.25 £25.00 £26.00
% change year-on-year
-3.00% -3.84%

Financial Institution
Jobs Demand Trend in Cardiff

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

Financial Institution Jobs Demand Trend in Cardiff

Financial Institution
Daily Rate Trend in Cardiff

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

Financial Institution Daily Rate Trend in Cardiff