The table below looks at the prevalence of the term Music Industry 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 Music Industry over the 3 months to 3 July 2015 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
3 Jul 2015
Same period 2014 Same period 2013
Music Industry
Rank - 193 213
Contract jobs citing Music Industry 0 1 2
As % of all contract IT jobs located in the City of London - 0.017% 0.029%
As % of the General category - 0.034% 0.050%
Number of daily rates quoted 0 1 2
Average daily rate
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- £475 £488
Average daily rate % change year-on-year
- -2.56%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £175.00
Music Industry
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the City of London region.

General Category
City of London
Contract IT job ads with a match in the
General category
3074 2927 4005
As % of all contract IT jobs located in the City of London 52.68% 50.85% 57.73%
Number of daily rates quoted 2392 2226 3060
Average daily rate £500 £475 £475
Average daily rate % change year-on-year
+5.26% -
90% offered a daily rate of more than £318 £300 £325
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £400 £375 £380
% change year-on-year
+6.66% -1.31%
Number of hourly rates quoted 41 28 73
Average hourly rate £19.72 £20.00 £19.50
Average hourly rate % change year-on-year
-1.42% +2.56%
90% offered a hourly rate of more than £10.50 £11.00 £11.50
10% offered a hourly rate of more than £35.99 £40.29 £46.50
UK excluding London average hourly rate £22.50 £22.75 £23.21
% change year-on-year
-1.09% -1.98%

Music Industry
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Music Industry across the City of London region as a proportion of the total demand within the General category.

Music Industry Jobs Demand Trend in the City of London

Music Industry
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 Music Industry across the City of London region.

Music Industry Daily Rate Trend in the City of London