The table below looks at the statistics for knowledge and experience of RedGate 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 RedGate over the 3 months to 7 December 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 Red Gate Software.

3 months to
7 Dec 2016
Same period 2015 Same period 2014
RedGate
Rank - 162 199
Contract jobs citing RedGate 0 1 3
As % of all contract IT jobs located in the City of London - 0.029% 0.052%
As % of the Vendors category - 0.074% 0.12%
Number of daily rates quoted 0 1 2
Median daily rate - £375 £485
Median daily rate % change year-on-year
- -22.68%
UK excluding London median daily rate £350 £350 £285
% change year-on-year
- +22.80%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £57.50 - -
RedGate
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
1365 1348 2468
As % of all contract IT jobs located in the City of London 42.66% 38.96% 43.04%
Number of daily rates quoted 1004 1022 1792
Median daily rate £450 £425 £405
Median daily rate % change year-on-year
+5.88% +4.93%
90% offered a daily rate of more than £315 £250 £225
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £388 £380 £363
% change year-on-year
+1.97% +4.82%
Number of hourly rates quoted 28 18 72
Median hourly rate £27.50 £19.50 £17.87
Median hourly rate % change year-on-year
+41.02% +9.15%
90% offered a hourly rate of more than £13.75 £16.50 £12.00
10% offered a hourly rate of more than £55.00 £25.50 £22.60
UK excluding London median hourly rate £17.00 £18.00 £17.00
% change year-on-year
-5.55% +5.88%

RedGate
Jobs Demand Trend in the City of London

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

RedGate Jobs Demand Trend in the City of London

RedGate
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 RedGate across the City of London region.

RedGate Daily Rate Trend in the City of London