The table below looks at the statistics for knowledge and experience of IT2 products and/or services in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited IT2 over the 3 months to 19 September 2014 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within IT2 Treasury Solutions Ltd.

Location
3 months to
19 Sep 2014
Same period 2013 Same period 2012
IT2
Rank 416 433 405
Rank change year-on-year
+17 -28
Contract jobs citing IT2 4 1 1
As % of all contract IT jobs located in London 0.016% 0.004% 0.004%
As % of the Vendors category 0.036% 0.009% 0.009%
Number of daily rates quoted 2 1 1
Average daily rate
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of your Daily Rate
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£410 £513 £275
Average daily rate % change year-on-year
-20.00% +86.36%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
IT2
England

The following table is for comparison with the above and provides statistics for the entire Vendors category in contract jobs advertised in the London region.

Vendors Category
London
Contract IT job ads with a match in the
Vendors category
11240 11609 11761
As % of all contract IT jobs located in London 45.89% 46.19% 45.54%
Number of daily rates quoted 7272 7557 7142
Average daily rate £425 £420 £425
Average daily rate % change year-on-year
+1.13% -1.11%
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £575 £580 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 244 256 334
Average hourly rate £19.00 £19.50 £19.00
Average hourly rate % change year-on-year
-2.56% +2.63%
90% offered a hourly rate of more than £13.46 £13.00 £12.50
10% offered a hourly rate of more than £37.50 £48.00 £41.00
UK excluding London average hourly rate £18.97 £19.00 £18.50
% change year-on-year
-0.18% +2.70%

IT2
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing IT2 across the London region as a proportion of the total demand within the Vendors category.

IT2 Jobs Demand Trend in London

IT2
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing IT2 across the London region.

IT2 Daily Rate Trend in London

IT2
Top 15 Related IT Skills in London

For the 6 months to 19 September 2014, IT contractor jobs across the London region citing IT2 also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited IT2.

1 4 (100.00%) Cash Management
2 2 (50.00%) SAP
2 2 (50.00%) ERP
2 2 (50.00%) Sun
2 2 (50.00%) Misys
2 2 (50.00%) Findur
2 2 (50.00%) ACCA
2 2 (50.00%) CIMA
2 2 (50.00%) Finance
2 2 (50.00%) Banking
2 2 (50.00%) IAS 39
2 2 (50.00%) Business Analysis
2 2 (50.00%) SAP ERP
2 2 (50.00%) User Acceptance Testing
2 2 (50.00%) Wall Street Systems

IT2
Top Related IT Skills in London by Category

For the 6 months to 19 September 2014, IT contractor jobs across the London region citing IT2 also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited IT2. Up to 20 skills are shown per category.

Business Applications
1 2 (50.00%) Findur
1 2 (50.00%) SAP ERP
General
1 2 (50.00%) Finance
1 2 (50.00%) Banking
Processes & Methodologies
1 4 (100.00%) Cash Management
2 2 (50.00%) ERP
2 2 (50.00%) Business Analysis
2 2 (50.00%) User Acceptance Testing
Qualifications
1 2 (50.00%) ACCA
1 2 (50.00%) CIMA
Quality Assurance & Compliance
1 2 (50.00%) IAS 39
Vendors
1 2 (50.00%) SAP
1 2 (50.00%) Sun
1 2 (50.00%) Misys
1 2 (50.00%) Wall Street Systems