The table below looks at the statistics for knowledge and experience of iRise 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 iRise over the 3 months to 28 May 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 iRise.

3 months to
28 May 2016
Same period 2015 Same period 2014
iRise
Rank - - -
Contract jobs citing iRise 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 - - £350
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
iRise
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
1368 2354 2601
As % of all contract IT jobs located in the City of London 40.44% 42.51% 43.53%
Number of daily rates quoted 1062 1744 1832
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £260 £251
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £380 £370 £350
% change year-on-year
+2.70% +5.71%
Number of hourly rates quoted 17 60 44
Median hourly rate £19.00 £17.98 £21.00
Median hourly rate % change year-on-year
+5.67% -14.38%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £28.25 £26.65 £27.50
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

iRise
Jobs Demand Trend in the City of London

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

iRise Jobs Demand Trend in the City of London

iRise
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 iRise across the City of London region.

iRise Daily Rate Trend in the City of London