The table below looks at the statistics for PolarLake 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 PolarLake over the 3 months to 26 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
26 Sep 2016
Same period 2015 Same period 2014
Bloomberg PolarLake
Rank - 186 -
Contract jobs citing PolarLake 0 1 0
As % of all contract IT jobs located in the City of London - 0.022% -
As % of the Business Applications category - 0.30% -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
PolarLake
London

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

Business Applications Category
City of London
Contract IT job ads with a match in the
Business Applications category
249 334 577
As % of all contract IT jobs located in the City of London 7.22% 7.21% 9.84%
Number of daily rates quoted 183 227 426
Median daily rate £450 £450 £475
Median daily rate % change year-on-year
- -5.26%
90% offered a daily rate of more than £350 £201 £336
10% offered a daily rate of more than £625 £625 £591
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 1 2 5
Median hourly rate £32.50 £23.25 £30.82
Median hourly rate % change year-on-year
+39.78% -24.56%
UK excluding London median hourly rate £36.00 £17.50 £31.75
% change year-on-year
+105.71% -44.88%

PolarLake
Jobs Demand Trend in the City of London

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

PolarLake Jobs Demand Trend in the City of London

PolarLake
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 PolarLake across the City of London region.

PolarLake Daily Rate Trend in the City of London