The table below looks at the statistics for FINREP 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 FINREP over the 3 months to 30 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
30 May 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank - 198 208
Contract jobs citing FINREP 0 4 4
As % of all contract IT jobs located in the City of London - 0.072% 0.065%
As % of the Quality Assurance & Compliance category - 0.78% 0.62%
Number of daily rates quoted 0 2 3
Median daily rate - £600 £538
Median daily rate % change year-on-year
- +11.62%
UK excluding London median daily rate £413 £550 £477
% change year-on-year
-25.00% +15.24%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FINREP
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
321 516 641
As % of all contract IT jobs located in the City of London 9.63% 9.29% 10.45%
Number of daily rates quoted 252 402 466
Median daily rate £475 £478 £451
Median daily rate % change year-on-year
-0.67% +6.15%
90% offered a daily rate of more than £330 £325 £290
10% offered a daily rate of more than £625 £650 £625
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 0 5 7
Median hourly rate - £17.50 £17.50
UK excluding London median hourly rate £27.50 £25.00 £21.00
% change year-on-year
+10.00% +19.04%

FINREP
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing FINREP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

FINREP Jobs Demand Trend in the City of London

FINREP
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 FINREP across the City of London region.

FINREP Daily Rate Trend in the City of London