The table below looks at the statistics for NCover 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 NCover over the 3 months to 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
NCover
Rank - - 209
Contract jobs citing NCover 0 0 2
As % of all contract IT jobs located in the City of London - - 0.034%
As % of the Development Applications category - - 0.25%
Number of daily rates quoted 0 0 2
Median daily rate - - £395
UK excluding London median daily rate - - £525
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
NCover
London

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

Development Applications Category
City of London
Contract IT job ads with a match in the
Development Applications category
619 699 811
As % of all contract IT jobs located in the City of London 18.10% 15.17% 13.75%
Number of daily rates quoted 500 575 649
Median daily rate £473 £450 £425
Median daily rate % change year-on-year
+5.00% +5.88%
90% offered a daily rate of more than £361 £325 £325
10% offered a daily rate of more than £601 £625 £575
UK excluding London median daily rate £400 £380 £357
% change year-on-year
+5.26% +6.44%
Number of hourly rates quoted 1 3 4
Median hourly rate £32.50 £37.50 £36.25
Median hourly rate % change year-on-year
-13.33% +3.44%
UK excluding London median hourly rate £41.00 £40.00 £37.50
% change year-on-year
+2.50% +6.66%

NCover
Jobs Demand Trend in the City of London

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

NCover Jobs Demand Trend in the City of London

NCover
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 NCover across the City of London region.

NCover Daily Rate Trend in the City of London