The table below looks at the statistics for TCAP skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited TCAP over the 3 months to 26 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
26 Aug 2016
Same period 2015 Same period 2014
Transaction Capabilities Applications Part (TCAP)
Rank - 439 439
Contract jobs citing TCAP 0 3 3
As % of all contract IT jobs located in London - 0.013% 0.012%
As % of the Communications & Networking category - 0.098% 0.096%
Number of daily rates quoted 0 2 2
Median daily rate - £340 £243
Median daily rate % change year-on-year
- +40.20%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £55.00 - -
TCAP
England

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

Communications & Networking Category
London
Contract IT job ads with a match in the
Communications & Networking category
3301 3060 3131
As % of all contract IT jobs located in London 14.34% 12.92% 12.89%
Number of daily rates quoted 2160 1974 1919
Median daily rate £450 £420 £400
Median daily rate % change year-on-year
+7.14% +5.00%
90% offered a daily rate of more than £275 £250 £238
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £365 £350 £338
% change year-on-year
+4.28% +3.70%
Number of hourly rates quoted 57 89 99
Median hourly rate £21.45 £18.00 £19.00
Median hourly rate % change year-on-year
+19.13% -5.26%
90% offered a hourly rate of more than £11.40 £11.50 £14.50
10% offered a hourly rate of more than £50.00 £43.00 £40.00
UK excluding London median hourly rate £35.50 £21.53 £22.00
% change year-on-year
+64.92% -2.15%

TCAP
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing TCAP as a proportion of all IT contracts with a match in the Communications & Networking category.

TCAP Jobs Demand Trend in London

TCAP
Daily Rate Trend in London

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

TCAP Daily Rate Trend in London