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 28 August 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
28 Aug 2016
Same period 2015 Same period 2014
Solvency II
Rank - - 72
Contract jobs citing Solvency II 0 0 3
As % of all contract IT jobs located in Hertfordshire - - 0.38%
As % of the Quality Assurance & Compliance category - - 3.33%
Number of daily rates quoted 0 0 1
Median daily rate - - £388
UK excluding London median daily rate £485 £525 £450
% change year-on-year
-7.61% +16.66%
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
53 79 90
As % of all contract IT jobs located in Hertfordshire 7.71% 9.74% 11.39%
Number of daily rates quoted 28 34 37
Median daily rate £425 £310 £325
Median daily rate % change year-on-year
+37.09% -4.61%
90% offered a daily rate of more than £225 £184 £190
10% offered a daily rate of more than £525 £460 £418
UK excluding London median daily rate £400 £408 £382
% change year-on-year
-1.84% +6.67%
Number of hourly rates quoted 3 10 5
Median hourly rate £45.00 £22.64 £21.00
Median hourly rate % change year-on-year
+98.78% +7.79%
UK excluding London median hourly rate £28.15 £24.75 £19.75
% change year-on-year
+13.73% +25.31%

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