The table below looks at the statistics for Low Latency skills in IT contracts advertised for the Essex region. Included is a guide to the contractor rates offered in IT contracts that have cited Low Latency over the 3 months to 24 May 2016 with a comparison to the same period over 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
24 May 2016
Same period 2015 Same period 2014
Low Latency
Rank - - -
Contract jobs citing Low Latency 0 0 0
As % of all contract IT jobs located in Essex - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £475 £450 £380
% change year-on-year
+5.55% +18.42%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £40.00
Low Latency
East of England

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Essex region.

Processes & Methodologies Category
Essex
Contract IT job ads with a match in the
Processes & Methodologies category
350 398 482
As % of all contract IT jobs located in Essex 79.91% 76.54% 75.55%
Number of daily rates quoted 167 214 269
Median daily rate £400 £400 £388
Median daily rate % change year-on-year
- +3.22%
90% offered a daily rate of more than £228 £250 £238
10% offered a daily rate of more than £498 £550 £525
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 74 30 38
Median hourly rate £22.50 £40.60 £35.00
Median hourly rate % change year-on-year
-44.58% +16.00%
90% offered a hourly rate of more than £16.50 £20.50 £15.00
10% offered a hourly rate of more than £40.00 £46.80 £45.50
UK excluding London median hourly rate £35.00 £31.00 £30.00
% change year-on-year
+12.90% +3.33%