The table below looks at the statistics for knowledge and experience of PlateSpin 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 PlateSpin over the 3 months to 30 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 PlateSpin Ltd.

Location
3 months to
30 Oct 2014
Same period 2013 Same period 2012
PlateSpin
Rank - 225 213
Contract jobs citing PlateSpin 0 3 1
As % of all contract IT jobs located in the City of London - 0.042% 0.014%
As % of the Vendors category - 0.093% 0.033%
Number of daily rates quoted 0 2 1
Average daily rate
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- £383 £335
Average daily rate % change year-on-year
- +14.17%
UK excluding London average daily rate £490 £288 £404
% change year-on-year
+70.43% -28.79%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
PlateSpin
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
2692 3227 3011
As % of all contract IT jobs located in the City of London 44.64% 45.35% 43.17%
Number of daily rates quoted 1958 2256 2117
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £263 £260
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 67 84 80
Average hourly rate £17.77 £19.50 £19.00
Average hourly rate % change year-on-year
-8.89% +2.63%
90% offered a hourly rate of more than £12.00 £11.44 £13.50
10% offered a hourly rate of more than £22.00 £28.50 £41.60
UK excluding London average hourly rate £17.50 £18.00 £19.00
% change year-on-year
-2.77% -5.26%

PlateSpin
Jobs Demand Trend in the City of London

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

PlateSpin Jobs Demand Trend in the City of London

PlateSpin
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 PlateSpin across the City of London region.

PlateSpin Daily Rate Trend in the City of London