The table below looks at the statistics for TimesTen skills 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 TimesTen over the 3 months to 27 February 2015 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.

Location
3 months to
27 Feb 2015
Same period 2014 Same period 2013
Oracle TimesTen
Rank - - -
Contract jobs citing TimesTen 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Database & Business Intelligence category - - -
Number of daily rates quoted 0 0 0
Average daily rate
Keep up to 90%
of your Daily Rate
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- - -
UK excluding London average daily rate - - £476
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
TimesTen
London

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

Database & Business Intelligence Category
City of London
Contract IT job ads with a match in the
Database & Business Intelligence category
1190 1326 1352
As % of all contract IT jobs located in the City of London 23.17% 22.86% 23.64%
Number of daily rates quoted 930 970 1051
Average daily rate £438 £450 £438
Average daily rate % change year-on-year
-2.77% +2.85%
90% offered a daily rate of more than £300 £325 £320
10% offered a daily rate of more than £600 £575 £550
UK excluding London average daily rate £370 £340 £338
% change year-on-year
+8.82% +0.74%
Number of hourly rates quoted 3 6 3
Average hourly rate £30.12 £36.50 £52.50
Average hourly rate % change year-on-year
-17.49% -30.47%
90% offered a hourly rate of more than £24.23 £29.70 £12.50
10% offered a hourly rate of more than £45.80 £151.75 £89.25
UK excluding London average hourly rate £35.00 £31.50 £28.75
% change year-on-year
+11.11% +9.56%

TimesTen
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing TimesTen across the City of London region as a proportion of the total demand within the Database & Business Intelligence category.

TimesTen Jobs Demand Trend in the City of London

TimesTen
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 TimesTen across the City of London region.

TimesTen Daily Rate Trend in the City of London