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 3 December 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
3 Dec 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank - - 204
Contract jobs citing FINREP 0 0 5
As % of all contract IT jobs located in the City of London - - 0.085%
As % of the Quality Assurance & Compliance category - - 0.90%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £475 £550 £482
% change year-on-year
-13.63% +14.22%
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
331 340 558
As % of all contract IT jobs located in the City of London 10.42% 9.80% 9.48%
Number of daily rates quoted 253 230 418
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £375 £308 £275
10% offered a daily rate of more than £650 £600 £625
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 3 8 9
Median hourly rate £46.50 £23.50 £17.50
Median hourly rate % change year-on-year
+97.87% +34.28%
90% offered a hourly rate of more than £22.90 £18.19 £11.80
10% offered a hourly rate of more than £139.30 £50.00 £42.75
UK excluding London median hourly rate £22.50 £25.00 £22.50
% change year-on-year
-10.00% +11.11%

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