The table below looks at the statistics for knowledge and experience of Thunderhead 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 Thunderhead over the 3 months to 28 April 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 Thunderhead Limited.

3 months to
28 Apr 2016
Same period 2015 Same period 2014
Thunderhead
Rank - 201 204
Contract jobs citing Thunderhead 0 1 8
As % of all contract IT jobs located in the City of London - 0.018% 0.13%
As % of the Vendors category - 0.044% 0.29%
Number of daily rates quoted 0 1 8
Average daily rate - £500 £538
Average daily rate % change year-on-year
- -6.97%
UK excluding London average daily rate £575 - £425
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Thunderhead
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
1374 2270 2746
As % of all contract IT jobs located in the City of London 39.63% 41.70% 44.21%
Number of daily rates quoted 1056 1655 1931
Average daily rate £450 £425 £425
Average daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £297 £250 £240
10% offered a daily rate of more than £613 £600 £613
UK excluding London average daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 17 48 49
Average hourly rate £19.00 £17.50 £22.00
Average hourly rate % change year-on-year
+8.57% -20.45%
UK excluding London average hourly rate £19.50 £18.00 £17.50
% change year-on-year
+8.33% +2.85%

Thunderhead
Jobs Demand Trend in the City of London

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

Thunderhead Jobs Demand Trend in the City of London

Thunderhead
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 Thunderhead across the City of London region.

Thunderhead Daily Rate Trend in the City of London