The table below looks at the prevalence of the term APACS in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited APACS over the 3 months to 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Association for Payment Clearing Services (APACS)
Rank 172 184 212
Rank change year-on-year
+12 +28
Contract jobs citing APACS 1 1 2
As % of all contract IT jobs located in the City of London 0.029% 0.022% 0.034%
As % of the Miscellaneous category 0.071% 0.056% 0.091%
Number of daily rates quoted 1 1 0
Median daily rate £500 £575 -
Median daily rate % change year-on-year
-13.04% -
UK excluding London median daily rate - £499 £496
% change year-on-year
- +0.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
APACS
London

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

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1407 1794 2186
As % of all contract IT jobs located in the City of London 41.13% 38.65% 37.04%
Number of daily rates quoted 1097 1416 1579
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £322 £300 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £377 £350
% change year-on-year
-0.53% +7.71%
Number of hourly rates quoted 10 29 54
Median hourly rate £17.25 £17.98 £18.50
Median hourly rate % change year-on-year
-4.06% -2.81%
90% offered a hourly rate of more than £12.50 £12.00 £12.10
10% offered a hourly rate of more than £45.25 £27.00 £33.65
UK excluding London median hourly rate £21.00 £18.88 £17.50
% change year-on-year
+11.22% +7.88%

APACS
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing APACS as a proportion of all IT contracts with a match in the Miscellaneous category.

APACS Jobs Demand Trend in the City of London

APACS
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing APACS across the City of London region.

APACS Daily Rate Trend in the City of London

APACS
Top 19 Related IT Skills in the City of London

For the 6 months to 29 September 2016, IT contractor jobs citing APACS also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for APACS.

1 1 (100.00%) MS Office
1 1 (100.00%) XML
1 1 (100.00%) MS Excel
1 1 (100.00%) MS Visio
1 1 (100.00%) XML Schema
1 1 (100.00%) BPR
1 1 (100.00%) Finance
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Banking
1 1 (100.00%) Retail
1 1 (100.00%) MS PowerPoint
1 1 (100.00%) Degree
1 1 (100.00%) Computer Science
1 1 (100.00%) SWIFTNet
1 1 (100.00%) Analytical Skills
1 1 (100.00%) SDLC
1 1 (100.00%) ISO20022
1 1 (100.00%) SEPA
1 1 (100.00%) Virtual Team

APACS
Top Related IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (100.00%) MS Excel
1 1 (100.00%) MS Office
1 1 (100.00%) MS PowerPoint
1 1 (100.00%) MS Visio
Communications & Networking
1 1 (100.00%) SWIFTNet
General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Retail
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Systems Analyst
1 1 (100.00%) Systems Analyst
Libraries, Frameworks & Software Standards
1 1 (100.00%) XML
1 1 (100.00%) XML Schema
Miscellaneous
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Computer Science
1 1 (100.00%) Virtual Team
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) BPR
1 1 (100.00%) SDLC
Qualifications
1 1 (100.00%) Degree
Quality Assurance & Compliance
1 1 (100.00%) ISO20022
1 1 (100.00%) SEPA