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 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Committee of Sponsoring Organizations of the Treadway Commission (COSO)
Rank - - 199
Contract jobs citing COSO 0 0 1
As % of all contract IT jobs located in the City of London - - 0.016%
As % of the Quality Assurance & Compliance category - - 0.20%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £500
UK excluding London average daily rate - £433 -
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
429 566 510
As % of all contract IT jobs located in the City of London 7.60% 8.33% 8.32%
Number of daily rates quoted 330 428 388
Average daily rate £450 £475 £460
Average daily rate % change year-on-year
-5.26% +3.26%
90% offered a daily rate of more than £250 £298 £300
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 5 3 12
Average hourly rate £17.50 £44.16 £36.75
Average hourly rate % change year-on-year
-60.36% +20.15%
90% offered a hourly rate of more than £14.63 £22.55 £17.55
10% offered a hourly rate of more than £43.25 £52.82 £121.65
UK excluding London average hourly rate £18.75 £18.55 £20.00
% change year-on-year
+1.07% -7.25%

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