The table below looks at the statistics for MiFID skills in IT contracts advertised for the Kent region. Included is a guide to the average contractor rates offered in IT contracts that have cited MiFID over the 3 months to 4 September 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.

Location
3 months to
4 Sep 2015
Same period 2014 Same period 2013
Markets in Financial Instruments Directive (MiFID)
Rank - - -
Contract jobs citing MiFID 0 0 0
As % of all contract IT jobs located in Kent - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £475 £110 £950
% change year-on-year
+331.81% -88.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.00 - -
MiFID
South East

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 Kent region.

Quality Assurance & Compliance Category
Kent
Contract IT job ads with a match in the
Quality Assurance & Compliance category
27 19 11
As % of all contract IT jobs located in Kent 8.74% 6.23% 3.72%
Number of daily rates quoted 21 13 7
Average daily rate £375 £403 £500
Average daily rate % change year-on-year
-6.83% -19.50%
90% offered a daily rate of more than £275 £150 £380
10% offered a daily rate of more than £450 £525 £550
UK excluding London average daily rate £400 £375 £353
% change year-on-year
+6.66% +6.38%
Number of hourly rates quoted 0 1 0
Average hourly rate - £47.00 -
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

MiFID
Jobs Demand Trend in Kent

This chart provides a 3-month moving total of IT contractor jobs citing MiFID across the Kent region as a proportion of the total demand within the Quality Assurance & Compliance category.

MiFID Jobs Demand Trend in Kent