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 contractor rates offered in IT contracts that have cited IAS 39 over the 3 months to 30 July 2016 with a comparison to the same period over 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.

3 months to
30 Jul 2016
Same period 2015 Same period 2014
IAS 39 Financial Instruments: Recognition and Measurement
Rank 435 433 428
Rank change year-on-year
-2 -5
Contract jobs citing IAS 39 1 1 2
As % of all contract IT jobs located in London 0.005% 0.004% 0.008%
As % of the Quality Assurance & Compliance category 0.050% 0.044% 0.091%
Number of daily rates quoted 1 1 2
Median daily rate £475 £650 £410
Median daily rate % change year-on-year
-26.92% +58.53%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1993 2271 2193
As % of all contract IT jobs located in London 9.00% 9.64% 9.29%
Number of daily rates quoted 1393 1629 1493
Median daily rate £475 £474 £438
Median daily rate % change year-on-year
+0.21% +8.34%
90% offered a daily rate of more than £300 £275 £270
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 23 28 24
Median hourly rate £20.00 £20.25 £20.00
Median hourly rate % change year-on-year
-1.23% +1.25%
90% offered a hourly rate of more than £13.60 £14.20 £13.23
10% offered a hourly rate of more than £61.90 £159.50 £142.50
UK excluding London median hourly rate £28.00 £22.50 £21.00
% change year-on-year
+24.44% +7.14%

IAS 39
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing IAS 39 as a proportion of all IT contracts with a match in 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

IAS 39
Top 8 Related IT Skills in London

For the 6 months to 30 July 2016, IT contractor jobs citing IAS 39 also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for IAS 39.

1 2 (100.00%) Banking
2 1 (50.00%) Business Analysis
2 1 (50.00%) Matrix Management
2 1 (50.00%) Finance
2 1 (50.00%) SQL
2 1 (50.00%) Data Warehouse
2 1 (50.00%) Business Intelligence
2 1 (50.00%) Basel II

IAS 39
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 1 (50.00%) Data Warehouse
General
1 2 (100.00%) Banking
2 1 (50.00%) Finance
Job Titles
1 2 (100.00%) Analyst
1 2 (100.00%) Business Analyst
2 1 (50.00%) Banking Analyst
2 1 (50.00%) Banking Business Analyst
2 1 (50.00%) Business Intelligence Analyst
2 1 (50.00%) Business Intelligence Business Analyst
2 1 (50.00%) Finance Business Analyst
2 1 (50.00%) Financial Analyst
2 1 (50.00%) Project Analyst
2 1 (50.00%) Project Manager
2 1 (50.00%) Report Analyst
2 1 (50.00%) Treasury Business Analyst
Processes & Methodologies
1 1 (50.00%) Business Analysis
1 1 (50.00%) Business Intelligence
1 1 (50.00%) Matrix Management
Programming Languages
1 1 (50.00%) SQL
Quality Assurance & Compliance
1 1 (50.00%) Basel II