The table below looks at the statistics for knowledge and experience of Redback 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 Redback over the 3 months to 20 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 Redback Networks, Inc.

Location
3 months to
20 Oct 2014
Same period 2013 Same period 2012
Redback
Rank - - -
Contract jobs citing Redback 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate £368 - £340
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Redback
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
2699 3333 3258
As % of all contract IT jobs located in the City of London 45.43% 45.64% 43.64%
Number of daily rates quoted 1944 2325 2263
Average daily rate £425 £425 £425
90% offered a daily rate of more than £250 £263 £263
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 63 89 89
Average hourly rate £17.82 £20.00 £19.00
Average hourly rate % change year-on-year
-10.92% +5.26%
90% offered a hourly rate of more than £11.70 £11.50 £13.50
10% offered a hourly rate of more than £24.13 £41.50 £42.00
UK excluding London average hourly rate £18.00 £18.00 £18.08
% change year-on-year
- -0.41%

Redback
Jobs Demand Trend in the City of London

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

Redback Jobs Demand Trend in the City of London