The table below looks at the statistics for COSO 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 COSO over the 3 months to 27 January 2015 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 Jan 2015
Same period 2014 Same period 2013
Committee of Sponsoring Organizations of the Treadway Commission (COSO)
Rank - - 193
Contract jobs citing COSO 0 0 1
As % of all contract IT jobs located in the City of London - - 0.018%
As % of the Quality Assurance & Compliance category - - 0.22%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £500
UK excluding London average daily rate £450 £425 £850
% change year-on-year
+5.88% -50.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
COSO
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
382 537 463
As % of all contract IT jobs located in the City of London 7.55% 8.98% 8.11%
Number of daily rates quoted 278 399 333
Average daily rate £435 £475 £450
Average daily rate % change year-on-year
-8.42% +5.55%
90% offered a daily rate of more than £250 £300 £310
10% offered a daily rate of more than £576 £600 £600
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 3 3 10
Average hourly rate £17.50 £18.70 £42.50
Average hourly rate % change year-on-year
-6.41% -56.00%
90% offered a hourly rate of more than £16.70 £17.74 £16.45
10% offered a hourly rate of more than £38.50 £23.74 £135.00
UK excluding London average hourly rate £19.00 £17.15 £23.00
% change year-on-year
+10.78% -25.43%

COSO
Jobs Demand Trend in the City of London

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

COSO Jobs Demand Trend in the City of London

COSO
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 COSO across the City of London region.

COSO Daily Rate Trend in the City of London