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 27 February 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
27 Feb 2015
Same period 2014 Same period 2013
IAS 39 Financial Instruments: Recognition and Measurement
Rank - - -
Contract jobs citing IAS 39 0 0 0
As % of all contract IT jobs located in London - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Average daily rate
Keep up to 90%
of your 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
1694 1837 1500
As % of all contract IT jobs located in London 7.98% 8.45% 7.58%
Number of daily rates quoted 1146 1221 1020
Average daily rate £430 £450 £450
Average daily rate % change year-on-year
-4.44% -
90% offered a daily rate of more than £250 £290 £275
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £380 £368 £330
% change year-on-year
+3.40% +11.36%
Number of hourly rates quoted 11 33 39
Average hourly rate £21.50 £15.00 £22.00
Average hourly rate % change year-on-year
+43.33% -31.81%
90% offered a hourly rate of more than £15.00 £12.20 £13.50
10% offered a hourly rate of more than £95.50 £43.60 £135.00
UK excluding London average hourly rate £18.50 £16.00 £20.00
% change year-on-year
+15.62% -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