The table below looks at the statistics for Black-Scholes 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 Black-Scholes over the 3 months to 27 August 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
27 Aug 2014
Same period 2013 Same period 2012
Black-Scholes
Rank - 221 225
Contract jobs citing Black-Scholes 0 1 1
As % of all contract IT jobs located in the City of London - 0.014% 0.013%
As % of the Processes & Methodologies category - 0.018% 0.017%
Number of daily rates quoted 0 1 1
Average daily rate
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- £600 £550
Average daily rate % change year-on-year
- +9.09%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Black-Scholes
London

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4374 5605 5955
As % of all contract IT jobs located in the City of London 75.27% 76.09% 75.13%
Number of daily rates quoted 3244 4187 4442
Average daily rate £450 £450 £450
90% offered a daily rate of more than £320 £313 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 40 71 89
Average hourly rate £22.50 £22.50 £31.50
Average hourly rate % change year-on-year
- -28.57%
90% offered a hourly rate of more than £16.35 £15.00 £16.00
10% offered a hourly rate of more than £35.45 £52.50 £50.88
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

Black-Scholes
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Black-Scholes across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Black-Scholes Jobs Demand Trend in the City of London

Black-Scholes
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 Black-Scholes across the City of London region.

Black-Scholes Daily Rate Trend in the City of London