The table below looks at the prevalence of the term Chip and PIN in IT contracts advertised for the Hertfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Chip and PIN over the 3 months to 12 September 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
12 Sep 2014
Same period 2013 Same period 2012
Chip and PIN
Rank - - -
Contract jobs citing Chip and PIN 0 0 0
As % of all contract IT jobs located in Hertfordshire - - -
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 £113 £350 -
% change year-on-year
-67.85% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.00 £14.75 £12.00
% change year-on-year
-25.42% +22.91%
Chip and PIN
East of England

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

Miscellaneous Category
Hertfordshire
Contract IT job ads with a match in the
Miscellaneous category
239 145 216
As % of all contract IT jobs located in Hertfordshire 29.22% 29.53% 22.04%
Number of daily rates quoted 121 74 110
Average daily rate £300 £325 £375
Average daily rate % change year-on-year
-7.69% -13.33%
90% offered a daily rate of more than £208 £265 £210
10% offered a daily rate of more than £455 £494 £500
UK excluding London average daily rate £350 £350 £340
% change year-on-year
- +2.94%
Number of hourly rates quoted 8 7 20
Average hourly rate £20.75 £46.00 £28.75
Average hourly rate % change year-on-year
-54.89% +60.00%
90% offered a hourly rate of more than £13.80 £32.35 £10.90
10% offered a hourly rate of more than £29.10 £50.00 £35.20
UK excluding London average hourly rate £19.00 £17.69 £27.50
% change year-on-year
+7.40% -35.67%

Chip and PIN
Jobs Demand Trend in Hertfordshire

This chart provides a 3-month moving total of IT contractor jobs citing Chip and PIN across the Hertfordshire region as a proportion of the total demand within the Miscellaneous category.

Chip and PIN Jobs Demand Trend in Hertfordshire

Chip and PIN
Daily Rate Trend in Hertfordshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Chip and PIN across the Hertfordshire region.

Chip and PIN Daily Rate Trend in Hertfordshire

Chip and PIN
Hourly Rate Trend in Hertfordshire

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Chip and PIN across the Hertfordshire region.

Chip and PIN Hourly Rate Trend in Hertfordshire