The table below looks at the prevalence of the term MHEG in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited MHEG over the 3 months to 26 June 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
26 Jun 2016
Same period 2015 Same period 2014
MHEG-5
Rank - - -
Contract jobs citing MHEG 0 0 0
As % of all contract IT jobs located in London - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
MHEG
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7837 8497 8893
As % of all contract IT jobs located in London 36.71% 36.48% 38.14%
Number of daily rates quoted 5576 5943 6101
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 116 142 157
Median hourly rate £20.26 £20.00 £20.00
Median hourly rate % change year-on-year
+1.30% -
90% offered a hourly rate of more than £12.50 £14.20 £14.04
10% offered a hourly rate of more than £62.00 £52.17 £43.25
UK excluding London median hourly rate £22.50 £18.47 £21.00
% change year-on-year
+21.81% -12.04%

MHEG
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing MHEG as a proportion of all IT contracts with a match in the Miscellaneous category.

MHEG Jobs Demand Trend in London

MHEG
Daily Rate Trend in London

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

MHEG Daily Rate Trend in London

MHEG
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MHEG across the London region.

MHEG Hourly Rate Trend in London