The table below looks at the statistics for knowledge and experience of ParAccel products and/or services 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 ParAccel over the 3 months to 23 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within ParAccel, Inc.

Location
3 months to
23 Oct 2014
Same period 2013 Same period 2012
ParAccel
Rank - 223 214
Contract jobs citing ParAccel 0 2 4
As % of all contract IT jobs located in the City of London - 0.028% 0.057%
As % of the Vendors category - 0.061% 0.13%
Number of daily rates quoted 0 2 3
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
- £458 £625
Average daily rate % change year-on-year
- -26.80%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
ParAccel
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
2702 3266 3060
As % of all contract IT jobs located in the City of London 45.12% 45.55% 43.40%
Number of daily rates quoted 1968 2285 2122
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £263 £265
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 65 90 83
Average hourly rate £17.87 £19.50 £19.00
Average hourly rate % change year-on-year
-8.38% +2.63%
90% offered a hourly rate of more than £11.70 £11.50 £13.50
10% offered a hourly rate of more than £22.56 £28.50 £42.00
UK excluding London average hourly rate £18.00 £18.03 £19.00
% change year-on-year
-0.16% -5.10%

ParAccel
Jobs Demand Trend in the City of London

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

ParAccel Jobs Demand Trend in the City of London

ParAccel
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 ParAccel across the City of London region.

ParAccel Daily Rate Trend in the City of London