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 26 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
26 May 2016
Same period 2015 Same period 2014
Solvency II
Rank - 68 -
Contract jobs citing Solvency II 0 1 0
As % of all contract IT jobs located in Hertfordshire - 0.13% -
As % of the Quality Assurance & Compliance category - 1.59% -
Number of daily rates quoted 0 1 0
Median daily rate - £213 -
UK excluding London median daily rate £668 £478 £451
% change year-on-year
+39.79% +5.99%
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
65 63 63
As % of all contract IT jobs located in Hertfordshire 9.73% 8.45% 9.10%
Number of daily rates quoted 28 29 32
Median daily rate £413 £318 £325
Median daily rate % change year-on-year
+29.60% -2.06%
90% offered a daily rate of more than £210 £225 £240
10% offered a daily rate of more than £490 £423 £456
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 3 8 5
Median hourly rate £29.00 £36.50 £21.00
Median hourly rate % change year-on-year
-20.54% +73.80%
UK excluding London median hourly rate £27.00 £23.00 £21.00
% change year-on-year
+17.39% +9.52%

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