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 24 February 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
24 Feb 2017
Same period 2016 Same period 2015
Common Reporting (COREP)
London / City of London
Rank - 149 190
Contract jobs citing COREP 0 4 2
As % of all contract IT jobs located in the City of London - 0.13% 0.039%
As % of the Quality Assurance & Compliance category - 1.22% 0.43%
Number of daily rates quoted 0 4 2
Median daily rate - £600 £481
Median daily rate % change year-on-year
- +24.67%
UK excluding London median daily rate - £428 £538
% change year-on-year
- -20.50%
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
354 328 463
As % of all contract IT jobs located in the City of London 11.95% 10.26% 8.93%
Number of daily rates quoted 260 239 333
Median daily rate £500 £475 £438
Median daily rate % change year-on-year
+5.26% +8.57%
90% offered a daily rate of more than £340 £306 £245
10% offered a daily rate of more than £650 £625 £576
UK excluding London median daily rate £420 £400 £395
% change year-on-year
+5.00% +1.26%
Number of hourly rates quoted 3 5 1
Median hourly rate £14.00 £22.00 £16.50
Median hourly rate % change year-on-year
-36.36% +33.33%
UK excluding London median hourly rate £21.50 £42.50 £23.00
% change year-on-year
-49.41% +84.78%

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