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 contractor rates offered in IT contracts that have cited Redback over the 3 months to 25 May 2016 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.

3 months to
25 May 2016
Same period 2015 Same period 2014
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
Median daily rate - - -
UK excluding London median daily rate - - £386
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1338 2296 2629
As % of all contract IT jobs located in the City of London 40.39% 42.31% 43.89%
Number of daily rates quoted 1036 1704 1856
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £300 £260 £260
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £383 £370 £350
% change year-on-year
+3.37% +5.71%
Number of hourly rates quoted 17 60 40
Median hourly rate £19.00 £17.98 £21.00
Median hourly rate % change year-on-year
+5.67% -14.38%
90% offered a hourly rate of more than £12.50 £12.50 £12.90
10% offered a hourly rate of more than £28.25 £25.00 £27.50
UK excluding London median hourly rate £20.10 £18.00 £17.81
% change year-on-year
+11.68% +1.09%

Redback
Jobs Demand Trend in the City of London

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

Redback Jobs Demand Trend in the City of London