The table below looks at the statistics for knowledge and experience of FINEOS products and/or services 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 FINEOS over the 3 months to 30 August 2016 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within the FINEOS Corporation.

3 months to
30 Aug 2016
Same period 2015 Same period 2014
FINEOS
Rank - - -
Contract jobs citing FINEOS 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - £325 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FINEOS
London

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

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
1509 2346 2653
As % of all contract IT jobs located in the City of London 43.05% 44.26% 45.63%
Number of daily rates quoted 1143 1744 1828
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £288 £275 £250
10% offered a daily rate of more than £600 £600 £588
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 20 51 56
Median hourly rate £15.00 £16.00 £20.00
Median hourly rate % change year-on-year
-6.25% -20.00%
90% offered a hourly rate of more than £12.00 £11.00 £13.48
10% offered a hourly rate of more than £48.47 £38.05 £34.50
UK excluding London median hourly rate £20.00 £18.72 £17.50
% change year-on-year
+6.86% +6.94%

FINEOS
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing FINEOS as a proportion of all IT contracts with a match in the Vendors category.

FINEOS Jobs Demand Trend in the City of London

FINEOS
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 FINEOS across the City of London region.

FINEOS Daily Rate Trend in the City of London