The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 4 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
4 May 2015
Same period 2014 Same period 2013
Solvency II
Rank - 72 60
Contract jobs citing Solvency II 0 5 1
As % of all contract IT jobs located in Edinburgh - 0.40% 0.13%
As % of the Quality Assurance & Compliance category - 8.62% 3.03%
Number of daily rates quoted 0 3 1
Average daily rate
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of your Daily Rate
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- £550 £350
Average daily rate % change year-on-year
- +57.14%
UK excluding London average daily rate £500 £451 £410
% change year-on-year
+10.98% +9.87%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
Scotland

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 Edinburgh region.

Quality Assurance & Compliance Category
Edinburgh
Contract IT job ads with a match in the
Quality Assurance & Compliance category
103 58 33
As % of all contract IT jobs located in Edinburgh 7.04% 4.64% 4.15%
Number of daily rates quoted 61 23 17
Average daily rate £400 £383 £350
Average daily rate % change year-on-year
+4.57% +9.28%
90% offered a daily rate of more than £263 £270 £297
10% offered a daily rate of more than £450 £613 £478
UK excluding London average daily rate £375 £364 £338
% change year-on-year
+3.09% +7.77%
Number of hourly rates quoted 0 3 3
Average hourly rate - £32.00 £15.00
Average hourly rate % change year-on-year
- +113.33%
UK excluding London average hourly rate £22.03 £20.56 £15.00
% change year-on-year
+7.11% +37.08%

Solvency II
Jobs Demand Trend in Edinburgh

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

Solvency II Jobs Demand Trend in Edinburgh

Solvency II
Daily Rate Trend in Edinburgh

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

Solvency II Daily Rate Trend in Edinburgh