The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Hertfordshire region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 29 June 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
29 Jun 2016
Same period 2015 Same period 2014
Solvency II
Rank - 71 58
Contract jobs citing Solvency II 0 1 1
As % of all contract IT jobs located in Hertfordshire - 0.12% 0.17%
As % of the Quality Assurance & Compliance category - 1.45% 1.43%
Number of daily rates quoted 0 1 1
Median daily rate - £213 £400
Median daily rate % change year-on-year
- -46.87%
UK excluding London median daily rate £463 £465 £450
% change year-on-year
-0.53% +3.33%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
East of 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 Hertfordshire region.

Quality Assurance & Compliance Category
Hertfordshire
Contract IT job ads with a match in the
Quality Assurance & Compliance category
56 69 70
As % of all contract IT jobs located in Hertfordshire 8.60% 8.46% 11.74%
Number of daily rates quoted 30 36 35
Median daily rate £413 £318 £300
Median daily rate % change year-on-year
+29.60% +6.09%
90% offered a daily rate of more than £264 £213 £240
10% offered a daily rate of more than £475 £425 £425
UK excluding London median daily rate £400 £378 £365
% change year-on-year
+5.96% +3.42%
Number of hourly rates quoted 2 10 6
Median hourly rate £43.00 £37.00 £21.00
Median hourly rate % change year-on-year
+16.21% +76.19%
UK excluding London median hourly rate £28.00 £22.50 £21.00
% change year-on-year
+24.44% +7.14%

Solvency II
Jobs Demand Trend in Hertfordshire

The demand trend of contract jobs across the Hertfordshire region citing Solvency II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Hertfordshire

Solvency II
Daily Rate Trend in Hertfordshire

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

Solvency II Daily Rate Trend in Hertfordshire