The table below looks at the statistics for ISO 8583 skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited ISO 8583 over the 3 months to 31 October 2014 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.

Location
3 months to
31 Oct 2014
Same period 2013 Same period 2012
ISO 8583
Rank - - 215
Contract jobs citing ISO 8583 0 0 1
As % of all contract IT jobs located in the City of London - - 0.014%
As % of the Quality Assurance & Compliance category - - 0.15%
Number of daily rates quoted 0 0 1
Average daily rate
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of your Daily Rate
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- - £300
UK excluding London average daily rate £425 £406 £300
% change year-on-year
+4.61% +35.41%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
ISO 8583
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
478 563 660
As % of all contract IT jobs located in the City of London 7.93% 7.83% 9.47%
Number of daily rates quoted 347 425 514
Average daily rate £450 £478 £465
Average daily rate % change year-on-year
-5.75% +2.68%
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £638 £632 £634
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 11 8 11
Average hourly rate £17.50 £52.82 £20.00
Average hourly rate % change year-on-year
-66.86% +164.07%
90% offered a hourly rate of more than £12.50 £14.39 £13.50
10% offered a hourly rate of more than £27.50 £67.50 £49.02
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

ISO 8583
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing ISO 8583 across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

ISO 8583 Jobs Demand Trend in the City of London

ISO 8583
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 ISO 8583 across the City of London region.

ISO 8583 Daily Rate Trend in the City of London