The table below looks at the statistics for FastStats 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 FastStats over the 3 months to 22 May 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
22 May 2015
Same period 2014 Same period 2013
Apteco FastStats
Rank - 200 208
Contract jobs citing FastStats 0 1 2
As % of all contract IT jobs located in the City of London - 0.017% 0.031%
As % of the Applications category - 0.15% 0.26%
Number of daily rates quoted 0 0 2
Average daily rate
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of your Daily Rate
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- - £250
UK excluding London average daily rate £265 £225 -
% change year-on-year
+17.77% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FastStats
London

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

Applications Category
City of London
Contract IT job ads with a match in the
Applications category
652 688 762
As % of all contract IT jobs located in the City of London 12.02% 11.51% 11.85%
Number of daily rates quoted 472 449 525
Average daily rate £400 £375 £400
Average daily rate % change year-on-year
+6.66% -6.25%
90% offered a daily rate of more than £204 £175 £188
10% offered a daily rate of more than £575 £525 £550
UK excluding London average daily rate £325 £303 £305
% change year-on-year
+7.43% -0.81%
Number of hourly rates quoted 30 29 41
Average hourly rate £14.55 £17.50 £17.50
Average hourly rate % change year-on-year
-16.87% -
90% offered a hourly rate of more than £10.50 £12.00 £11.50
10% offered a hourly rate of more than £62.60 £22.00 £31.10
UK excluding London average hourly rate £14.50 £15.75 £15.50
% change year-on-year
-7.93% +1.61%

FastStats
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing FastStats across the City of London region as a proportion of the total demand within the Applications category.

FastStats Jobs Demand Trend in the City of London

FastStats
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 FastStats across the City of London region.

FastStats Daily Rate Trend in the City of London