The table below looks at the statistics 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 27 July 2015 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.

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
27 Jul 2015
Same period 2014 Same period 2013
VocaLink
Rank - 61 -
Contract jobs citing VocaLink 0 2 0
As % of all contract IT jobs located in Hertfordshire - 0.30% -
As % of the Vendors category - 0.64% -
Number of daily rates quoted 0 2 0
Average daily rate
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of your Daily Rate
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- £473 -
UK excluding London average daily rate - £450 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
VocaLink
East of England

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the Hertfordshire region.

Vendors Category
Hertfordshire
Contract IT job ads with a match in the
Vendors category
441 314 320
As % of all contract IT jobs located in Hertfordshire 51.76% 46.80% 52.29%
Number of daily rates quoted 215 158 166
Average daily rate £360 £350 £360
Average daily rate % change year-on-year
+2.85% -2.77%
90% offered a daily rate of more than £275 £190 £180
10% offered a daily rate of more than £500 £500 £500
UK excluding London average daily rate £365 £350 £350
% change year-on-year
+4.28% -
Number of hourly rates quoted 38 33 18
Average hourly rate £20.94 £21.50 £32.50
Average hourly rate % change year-on-year
-2.62% -33.84%
90% offered a hourly rate of more than £9.00 £10.50 £15.00
10% offered a hourly rate of more than £37.50 £33.50 £40.00
UK excluding London average hourly rate £18.00 £17.50 £19.50
% change year-on-year
+2.85% -10.25%

VocaLink
Jobs Demand Trend in Hertfordshire

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.

VocaLink Jobs Demand Trend in Hertfordshire

VocaLink
Daily Rate Trend in Hertfordshire

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

VocaLink Daily Rate Trend in Hertfordshire