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 average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 11 February 2016 with a comparison to the same period in 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.

Location
3 months to
11 Feb 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
Average daily rate - - -
UK excluding London average daily rate £500 £500 £475
% change year-on-year
- +5.20%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
50 73 59
As % of all contract IT jobs located in Hertfordshire 8.68% 11.50% 8.81%
Number of daily rates quoted 22 43 43
Average daily rate £408 £330 £400
Average daily rate % change year-on-year
+23.48% -17.50%
90% offered a daily rate of more than £334 £214 £275
10% offered a daily rate of more than £475 £470 £450
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 7 4 4
Average hourly rate £22.38 £34.75 £24.25
Average hourly rate % change year-on-year
-35.61% +43.29%
90% offered a hourly rate of more than £15.62 £13.50 £15.30
10% offered a hourly rate of more than £43.00 £36.50 £33.90
UK excluding London average hourly rate £42.50 £23.25 £17.08
% change year-on-year
+82.79% +36.16%

Solvency II
Jobs Demand Trend in Hertfordshire

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Hertfordshire region as a proportion of the total demand within 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