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 1 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
1 May 2016
Same period 2015 Same period 2014
Solvency II
Rank - - -
Contract jobs citing Solvency II 0 0 0
As % of all contract IT jobs located in Hertfordshire - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £605 £500 £451
% change year-on-year
+21.00% +10.98%
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
61 52 64
As % of all contract IT jobs located in Hertfordshire 8.54% 7.36% 8.41%
Number of daily rates quoted 27 21 33
Median daily rate £425 £360 £375
Median daily rate % change year-on-year
+18.05% -4.00%
90% offered a daily rate of more than £194 £229 £240
10% offered a daily rate of more than £535 £493 £471
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 3 7 5
Median hourly rate £40.25 £34.00 £21.00
Median hourly rate % change year-on-year
+18.38% +61.90%
UK excluding London median hourly rate £33.00 £29.00 £21.00
% change year-on-year
+13.79% +38.09%

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