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 13 February 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.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
ISO 8583
Rank - - -
Contract jobs citing ISO 8583 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £215 £325 £550
% change year-on-year
-33.84% -40.90%
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
319 461 614
As % of all contract IT jobs located in the City of London 10.34% 9.09% 10.35%
Number of daily rates quoted 228 337 425
Average daily rate £488 £445 £470
Average daily rate % change year-on-year
+9.55% -5.31%
90% offered a daily rate of more than £300 £250 £284
10% offered a daily rate of more than £625 £577 £600
UK excluding London average daily rate £400 £385 £363
% change year-on-year
+3.89% +6.20%
Number of hourly rates quoted 6 2 4
Average hourly rate £26.75 £30.13 £18.10
Average hourly rate % change year-on-year
-11.20% +66.43%
90% offered a hourly rate of more than £21.00 £19.23 £17.50
10% offered a hourly rate of more than £40.75 £41.03 £23.11
UK excluding London average hourly rate £42.50 £25.00 £17.15
% change year-on-year
+70.00% +45.77%

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