The table below looks at the statistics for knowledge and experience of ParAccel products and/or services in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited ParAccel over the 3 months to 29 June 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 ParAccel, Inc.

3 months to
29 Jun 2016
Same period 2015 Same period 2014
ParAccel
Rank - - 414
Contract jobs citing ParAccel 0 0 3
As % of all contract IT jobs located in London - - 0.013%
As % of the Vendors category - - 0.030%
Number of daily rates quoted 0 0 3
Median daily rate - - £475
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
ParAccel
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
8889 10319 10095
As % of all contract IT jobs located in London 41.14% 44.16% 44.07%
Number of daily rates quoted 6120 6826 6475
Median daily rate £450 £425 £415
Median daily rate % change year-on-year
+5.88% +2.40%
90% offered a daily rate of more than £275 £250 £238
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 107 254 201
Median hourly rate £18.00 £20.00 £19.00
Median hourly rate % change year-on-year
-10.00% +5.26%
90% offered a hourly rate of more than £11.85 £12.91 £14.00
10% offered a hourly rate of more than £42.33 £52.17 £32.03
UK excluding London median hourly rate £20.83 £18.46 £17.00
% change year-on-year
+12.83% +8.58%

ParAccel
Jobs Demand Trend in London

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

ParAccel Jobs Demand Trend in London

ParAccel
Daily Rate Trend in London

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

ParAccel Daily Rate Trend in London