The table below looks at the prevalence of the term SWIFT 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 SWIFT over the 3 months to 3 September 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
3 Sep 2015
Same period 2014 Same period 2013
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank - - -
Contract jobs citing SWIFT 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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- - -
UK excluding London average daily rate £438 £364 £438
% change year-on-year
+20.19% -16.80%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
SWIFT
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
473 436 402
As % of all contract IT jobs located in the East Midlands 29.43% 28.63% 24.28%
Number of daily rates quoted 253 233 203
Average daily rate £330 £350 £325
Average daily rate % change year-on-year
-5.71% +7.69%
90% offered a daily rate of more than £205 £224 £181
10% offered a daily rate of more than £453 £500 £475
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 36 35 29
Average hourly rate £18.52 £17.50 £13.00
Average hourly rate % change year-on-year
+5.82% +34.61%
90% offered a hourly rate of more than £11.78 £11.96 £8.30
10% offered a hourly rate of more than £38.00 £35.00 £54.58
UK excluding London average hourly rate £21.76 £20.00 £17.50
% change year-on-year
+8.81% +14.28%

SWIFT
Jobs Demand Trend in the East Midlands

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

SWIFT Jobs Demand Trend in the East Midlands

SWIFT
Daily Rate Trend in the East Midlands

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

SWIFT Daily Rate Trend in the East Midlands