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 3 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.

Location
3 months to
3 Jul 2015
Same period 2014 Same period 2013
IAS 39 Financial Instruments: Recognition and Measurement
Rank - 410 -
Contract jobs citing IAS 39 0 2 0
As % of all contract IT jobs located in London - 0.009% -
As % of the Quality Assurance & Compliance category - 0.11% -
Number of daily rates quoted 0 2 0
Average daily rate
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- £410 -
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
1860 1880 1969
As % of all contract IT jobs located in London 7.97% 8.20% 8.42%
Number of daily rates quoted 1314 1335 1387
Average daily rate £475 £450 £488
Average daily rate % change year-on-year
+5.55% -7.69%
90% offered a daily rate of more than £290 £275 £313
10% offered a daily rate of more than £638 £600 £650
UK excluding London average daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 30 18 32
Average hourly rate £21.50 £20.00 £22.50
Average hourly rate % change year-on-year
+7.50% -11.11%
90% offered a hourly rate of more than £14.40 £14.25 £12.66
10% offered a hourly rate of more than £87.10 £51.05 £44.80
UK excluding London average hourly rate £21.15 £20.50 £18.50
% change year-on-year
+3.14% +10.81%

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