The table below looks at the statistics for Financial Modelling skills in IT contracts advertised for the Cheshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Modelling over the 3 months to 14 February 2016 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
14 Feb 2016
Same period 2015 Same period 2014
Financial Modeling
Rank - 64 72
Contract jobs citing Financial Modelling 0 3 1
As % of all contract IT jobs located in Cheshire - 0.39% 0.12%
As % of the Processes & Methodologies category - 0.49% 0.15%
Number of daily rates quoted 0 1 1
Average daily rate - £500 £325
Average daily rate % change year-on-year
- +53.84%
UK excluding London average daily rate £500 £475 £308
% change year-on-year
+5.26% +54.47%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £18.00 -
Financial Modelling
North West

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Cheshire region.

Processes & Methodologies Category
Cheshire
Contract IT job ads with a match in the
Processes & Methodologies category
784 609 673
As % of all contract IT jobs located in Cheshire 81.75% 79.40% 78.35%
Number of daily rates quoted 496 382 325
Average daily rate £425 £395 £375
Average daily rate % change year-on-year
+7.59% +5.33%
90% offered a daily rate of more than £288 £275 £254
10% offered a daily rate of more than £625 £550 £565
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 28 30 47
Average hourly rate £22.50 £36.00 £35.00
Average hourly rate % change year-on-year
-37.50% +2.85%
90% offered a hourly rate of more than £13.00 £16.84 £15.39
10% offered a hourly rate of more than £50.00 £45.00 £46.00
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Financial Modelling
Jobs Demand Trend in Cheshire

This chart provides a 3-month moving total of IT contractor jobs citing Financial Modelling across the Cheshire region as a proportion of the total demand within the Processes & Methodologies category.

Financial Modelling Jobs Demand Trend in Cheshire

Financial Modelling
Daily Rate Trend in Cheshire

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

Financial Modelling Daily Rate Trend in Cheshire