The first table below looks at the demand for knowledge and experience of VocaLink products and/or services in IT contracts advertised for the Hertfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited VocaLink over the 3 months to 17 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the Hertfordshire region.

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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within VocaLink Limited.

Location
3 months to
17 May 2013
Same period 2012 Same period 2011
VocaLink
Rank - - -
Contract jobs citing VocaLink 0 0 0
As % of all contract IT jobs located in Hertfordshire - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate - - £500
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Vendors
Hertfordshire
Contract IT job ads with a match in the
Vendors category
293 364 448
As % of all contract IT jobs located in Hertfordshire 45.57% 37.60% 51.61%
Number of daily rates quoted 128 140 168
Average daily rate £375 £350 £350
Average daily rate % change year-on-year
+7.14% -
90% offered a daily rate of more than £210 £185 £189
10% offered a daily rate of more than £450 £471 £488
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 16 36 70
Average hourly rate £17.50 £16.00 £35.00
Average hourly rate % change year-on-year
+9.37% -54.28%
90% offered a hourly rate of more than £15.00 £11.00 £14.00
10% offered a hourly rate of more than £37.50 £36.00 £37.50
UK excluding London average hourly rate £19.00 £19.00 £20.00
% change year-on-year
- -5.00%
VocaLink
East of England

VocaLink
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing VocaLink across the Hertfordshire region as a proportion of the total demand within the Vendors category.

Hertfordshire VocaLink Jobs Demand Trend

VocaLink
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing VocaLink across the Hertfordshire region.

Hertfordshire VocaLink Daily Rate Trend