The table below looks at the statistics for IAS 39 skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited IAS 39 over the 3 months to 22 May 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
22 May 2015
Same period 2014 Same period 2013
IAS 39 Financial Instruments: Recognition and Measurement
Rank - - 395
Contract jobs citing IAS 39 0 0 1
As % of all contract IT jobs located in London - - 0.005%
As % of the Quality Assurance & Compliance category - - 0.053%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
IAS 39
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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1785 1924 1886
As % of all contract IT jobs located in London 8.05% 8.50% 8.58%
Number of daily rates quoted 1259 1387 1322
Average daily rate £475 £450 £475
Average daily rate % change year-on-year
+5.55% -5.26%
90% offered a daily rate of more than £300 £285 £300
10% offered a daily rate of more than £630 £625 £640
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 20 25 32
Average hourly rate £20.00 £22.50 £33.75
Average hourly rate % change year-on-year
-11.11% -33.33%
90% offered a hourly rate of more than £12.40 £14.60 £13.97
10% offered a hourly rate of more than £119.75 £75.00 £135.00
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

IAS 39
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing IAS 39 across the London region as a proportion of the total demand within the Quality Assurance & Compliance category.

IAS 39 Jobs Demand Trend in London

IAS 39
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing IAS 39 across the London region.

IAS 39 Daily Rate Trend in London