The table below looks at the statistics for knowledge and experience of NEC 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 NEC over the 3 months to 1 May 2016 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 the NEC Corporation.

3 months to
1 May 2016
Same period 2015 Same period 2014
NEC
Rank - 416 425
Contract jobs citing NEC 0 3 3
As % of all contract IT jobs located in London - 0.013% 0.013%
As % of the Vendors category - 0.030% 0.029%
Number of daily rates quoted 0 2 2
Average daily rate - £240 £203
Average daily rate % change year-on-year
- +18.51%
UK excluding London average daily rate £350 £270 £263
% change year-on-year
+29.62% +2.85%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £27.50
NEC
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
9460 10115 10317
As % of all contract IT jobs located in London 41.10% 44.41% 44.10%
Number of daily rates quoted 6406 6561 6744
Average daily rate £450 £425 £425
Average daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £600 £585 £600
UK excluding London average daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 125 228 211
Average hourly rate £19.00 £19.00 £19.00
90% offered a hourly rate of more than £10.10 £13.00 £14.00
10% offered a hourly rate of more than £39.40 £41.25 £33.75
UK excluding London average hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

NEC
Jobs Demand Trend in London

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

NEC Jobs Demand Trend in London

NEC
Daily Rate Trend in London

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

NEC Daily Rate Trend in London

NEC
Hourly Rate Trend in London

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

NEC Hourly Rate Trend in London