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 27 July 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
27 Jul 2016
Same period 2015 Same period 2014
Solvency II
Rank - 71 53
Contract jobs citing Solvency II 0 1 4
As % of all contract IT jobs located in Hertfordshire - 0.12% 0.61%
As % of the Quality Assurance & Compliance category - 1.28% 4.76%
Number of daily rates quoted 0 1 2
Median daily rate - £213 £394
Median daily rate % change year-on-year
- -46.03%
UK excluding London median daily rate £485 £500 £450
% change year-on-year
-3.00% +11.11%
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
46 78 84
As % of all contract IT jobs located in Hertfordshire 7.22% 9.14% 12.88%
Number of daily rates quoted 25 36 37
Median daily rate £425 £300 £325
Median daily rate % change year-on-year
+41.66% -7.69%
90% offered a daily rate of more than £249 £175 £215
10% offered a daily rate of more than £525 £425 £443
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 2 10 3
Median hourly rate £45.00 £37.50 £21.00
Median hourly rate % change year-on-year
+20.00% +78.57%
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

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