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 25 August 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
25 Aug 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank - - 204
Contract jobs citing FINREP 0 0 1
As % of all contract IT jobs located in the City of London - - 0.017%
As % of the Quality Assurance & Compliance category - - 0.18%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £450 £638 £550
% change year-on-year
-29.41% +15.90%
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
354 501 563
As % of all contract IT jobs located in the City of London 10.07% 9.09% 9.56%
Number of daily rates quoted 281 369 406
Median daily rate £475 £465 £465
Median daily rate % change year-on-year
+2.15% -
90% offered a daily rate of more than £325 £320 £300
10% offered a daily rate of more than £600 £601 £600
UK excluding London median daily rate £400 £400 £380
% change year-on-year
-0.06% +5.32%
Number of hourly rates quoted 2 5 8
Median hourly rate £52.75 £24.00 £18.00
Median hourly rate % change year-on-year
+119.79% +33.33%
90% offered a hourly rate of more than £26.55 £14.60 £12.14
10% offered a hourly rate of more than £78.95 £55.50 £29.05
UK excluding London median hourly rate £28.15 £25.41 £20.00
% change year-on-year
+10.80% +27.02%

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