The table below looks at the statistics for Basel II skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 5 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
5 Feb 2016
Same period 2015 Same period 2014
Basel II
Rank - 189 202
Contract jobs citing Basel II 0 1 4
As % of all contract IT jobs located in the City of London - 0.020% 0.068%
As % of the Quality Assurance & Compliance category - 0.22% 0.66%
Number of daily rates quoted 0 1 4
Average daily rate - £625 £600
Average daily rate % change year-on-year
- +4.16%
UK excluding London average daily rate £500 £500 £451
% change year-on-year
- +10.98%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel II
London

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

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
326 454 602
As % of all contract IT jobs located in the City of London 10.39% 9.02% 10.30%
Number of daily rates quoted 232 335 431
Average daily rate £488 £450 £463
Average daily rate % change year-on-year
+8.33% -2.70%
90% offered a daily rate of more than £300 £265 £285
10% offered a daily rate of more than £625 £580 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 6 2 3
Average hourly rate £26.75 £30.13 £18.70
Average hourly rate % change year-on-year
-11.20% +61.09%
90% offered a hourly rate of more than £21.00 £19.23 £17.74
10% offered a hourly rate of more than £40.75 £41.03 £23.74
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

Basel II
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in the City of London

Basel II
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 Basel II across the City of London region.

Basel II Daily Rate Trend in the City of London

Basel II
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Basel II across the City of London region.

Basel II Hourly Rate Trend in the City of London