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 contractor rates offered in IT contracts that have cited FastStats over the 3 months to 29 May 2016 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
29 May 2016
Same period 2015 Same period 2014
Apteco FastStats
Rank - - 209
Contract jobs citing FastStats 0 0 1
As % of all contract IT jobs located in the City of London - - 0.016%
As % of the Business Applications category - - 0.22%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £113 £265 -
% change year-on-year
-57.54% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FastStats
London

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

Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
218 513 450
As % of all contract IT jobs located in the City of London 6.50% 9.10% 7.42%
Number of daily rates quoted 158 355 324
Median daily rate £463 £490 £475
Median daily rate % change year-on-year
-5.61% +3.15%
90% offered a daily rate of more than £350 £350 £325
10% offered a daily rate of more than £638 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 4 1 3
Median hourly rate £21.38 £21.30 £50.00
Median hourly rate % change year-on-year
+0.35% -57.40%
90% offered a hourly rate of more than £16.75 £21.30 £31.50
10% offered a hourly rate of more than £26.00 £21.30 £56.25
UK excluding London median hourly rate £32.50 £22.50 £37.49
% change year-on-year
+44.44% -39.98%

FastStats
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing FastStats as a proportion of all IT contracts with a match in the Business 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