The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the East Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 22 December 2014 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
22 Dec 2014
Same period 2013 Same period 2012
Market Risk
Rank - - -
Contract jobs citing Market Risk 0 0 0
As % of all contract IT jobs located in the East Midlands - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate £475 £450 £375
% change year-on-year
+5.55% +20.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Market Risk
England

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

Miscellaneous Category
East Midlands
Contract IT job ads with a match in the
Miscellaneous category
396 380 309
As % of all contract IT jobs located in the East Midlands 24.40% 23.62% 21.61%
Number of daily rates quoted 233 199 144
Average daily rate £350 £313 £320
Average daily rate % change year-on-year
+12.00% -2.34%
90% offered a daily rate of more than £225 £110 £200
10% offered a daily rate of more than £490 £425 £425
UK excluding London average daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 30 44 46
Average hourly rate £16.00 £16.11 £17.50
Average hourly rate % change year-on-year
-0.68% -7.94%
90% offered a hourly rate of more than £10.50 £9.00 £10.00
10% offered a hourly rate of more than £20.00 £34.40 £35.00
UK excluding London average hourly rate £17.50 £19.00 £19.50
% change year-on-year
-7.89% -2.56%

Market Risk
Jobs Demand Trend in the East Midlands

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

Market Risk Jobs Demand Trend in the East Midlands

Market Risk
Daily Rate Trend in the East Midlands

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

Market Risk Daily Rate Trend in the East Midlands