The table below looks at the statistics for Solvency II skills in IT contracts advertised for the East of England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 29 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Solvency II
Rank - - 136
Contract jobs citing Solvency II 0 0 5
As % of all contract IT jobs located in the East of England - - 0.16%
As % of the Quality Assurance & Compliance category - - 1.89%
Number of daily rates quoted 0 0 3
Average daily rate - - £450
UK excluding London average daily rate £605 £500 £451
% change year-on-year
+21.00% +10.98%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
England

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the East of England region.

Quality Assurance & Compliance Category
East of England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
227 206 264
As % of all contract IT jobs located in the East of England 8.95% 7.74% 8.61%
Number of daily rates quoted 118 97 155
Average daily rate £406 £400 £400
Average daily rate % change year-on-year
+1.49% +0.06%
90% offered a daily rate of more than £220 £239 £213
10% offered a daily rate of more than £507 £550 £523
UK excluding London average daily rate £400 £385 £370
% change year-on-year
+3.89% +4.05%
Number of hourly rates quoted 21 20 21
Average hourly rate £21.75 £35.25 £35.00
Average hourly rate % change year-on-year
-38.29% +0.71%
90% offered a hourly rate of more than £17.33 £17.55 £12.00
10% offered a hourly rate of more than £47.07 £40.00 £45.00
UK excluding London average hourly rate £33.00 £29.00 £19.50
% change year-on-year
+13.79% +48.71%

Solvency II
Jobs Demand Trend in the East of England

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the East of England region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in the East of England

Solvency II
Daily Rate Trend in the East of England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the East of England region.

Solvency II Daily Rate Trend in the East of England