The table below looks at the statistics for COREP skills 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 COREP over the 3 months to 16 January 2017 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
16 Jan 2017
Same period 2016 Same period 2015
Common Reporting (COREP)
London / City of London
Rank - 147 184
Contract jobs citing COREP 0 3 3
As % of all contract IT jobs located in the City of London - 0.10% 0.059%
As % of the Quality Assurance & Compliance category - 0.91% 0.65%
Number of daily rates quoted 0 3 3
Median daily rate - £600 £600
UK excluding London median daily rate £525 £500 £448
% change year-on-year
+5.00% +11.73%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
297 329 464
As % of all contract IT jobs located in the City of London 10.21% 10.98% 9.07%
Number of daily rates quoted 214 228 353
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £350 £300 £282
10% offered a daily rate of more than £625 £640 £600
UK excluding London median daily rate £401 £400 £375
% change year-on-year
+0.12% +6.66%
Number of hourly rates quoted 1 8 4
Median hourly rate £46.50 £31.50 £17.00
Median hourly rate % change year-on-year
+47.61% +85.29%
UK excluding London median hourly rate £22.50 £41.75 £23.50
% change year-on-year
-46.10% +77.65%

COREP
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing COREP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in the City of London

COREP
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 COREP across the City of London region.

COREP Daily Rate Trend in the City of London