The table below looks at the statistics for NCover skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited NCover over the 3 months to 24 August 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
24 Aug 2016
Same period 2015 Same period 2014
NCover
Rank - 433 418
Contract jobs citing NCover 0 17 2
As % of all contract IT jobs located in London - 0.072% 0.008%
As % of the Development Applications category - 0.48% 0.057%
Number of daily rates quoted 0 8 2
Median daily rate - £365 £395
Median daily rate % change year-on-year
- -7.59%
UK excluding London median daily rate - £415 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
NCover
England

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

Development Applications Category
London
Contract IT job ads with a match in the
Development Applications category
4151 3577 3537
As % of all contract IT jobs located in London 17.97% 15.06% 14.84%
Number of daily rates quoted 3012 2567 2523
Median daily rate £463 £438 £420
Median daily rate % change year-on-year
+5.71% +4.16%
90% offered a daily rate of more than £327 £325 £313
10% offered a daily rate of more than £600 £575 £550
UK excluding London median daily rate £400 £375 £350
% change year-on-year
+6.66% +7.14%
Number of hourly rates quoted 10 8 17
Median hourly rate £32.50 £22.12 £45.00
Median hourly rate % change year-on-year
+46.95% -50.85%
90% offered a hourly rate of more than £10.00 £22.00 £25.70
10% offered a hourly rate of more than £55.00 £41.00 £78.35
UK excluding London median hourly rate £41.00 £40.00 £37.80
% change year-on-year
+2.50% +5.82%

NCover
Jobs Demand Trend in London

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

NCover Jobs Demand Trend in London

NCover
Daily Rate Trend in London

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

NCover Daily Rate Trend in London

NCover
Hourly Rate Trend in London

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

NCover Hourly Rate Trend in London