The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the Derbyshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 6 May 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
6 May 2015
Same period 2014 Same period 2013
Market Risk
Rank - - 18
Contract jobs citing Market Risk 0 0 2
As % of all contract IT jobs located in Derbyshire - - 1.50%
As % of the Miscellaneous category - - 7.69%
Number of daily rates quoted 0 0 2
Average daily rate
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- - £575
UK excluding London average daily rate £525 £565 £575
% change year-on-year
-7.07% -1.73%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk
East Midlands

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Derbyshire region.

Miscellaneous Category
Derbyshire
Contract IT job ads with a match in the
Miscellaneous category
109 61 26
As % of all contract IT jobs located in Derbyshire 40.37% 25.42% 19.55%
Number of daily rates quoted 49 37 16
Average daily rate £400 £320 £315
Average daily rate % change year-on-year
+25.00% +1.58%
90% offered a daily rate of more than £300 £119 £213
10% offered a daily rate of more than £425 £395 £580
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 2 11 1
Average hourly rate £12.50 £14.00 £52.50
Average hourly rate % change year-on-year
-10.71% -73.33%
UK excluding London average hourly rate £20.00 £22.50 £22.66
% change year-on-year
-11.11% -0.70%

Market Risk
Jobs Demand Trend in Derbyshire

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the Derbyshire region as a proportion of the total demand within the Miscellaneous category.

Market Risk Jobs Demand Trend in Derbyshire

Market Risk
Daily Rate Trend in Derbyshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Market Risk across the Derbyshire region.

Market Risk Daily Rate Trend in Derbyshire