The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Manchester region. Included is a guide to the average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 18 December 2014 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.

Location
3 months to
18 Dec 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank - - 79
Contract jobs citing Foreign Exchange (FX) 0 0 4
As % of all contract IT jobs located in Manchester - - 0.33%
As % of the Miscellaneous category - - 1.23%
Number of daily rates quoted 0 0 4
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
- - £425
UK excluding London average daily rate £390 £450 £425
% change year-on-year
-13.33% +5.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.38 - -
Foreign Exchange (FX)
North West

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

Miscellaneous Category
Manchester
Contract IT job ads with a match in the
Miscellaneous category
369 302 326
As % of all contract IT jobs located in Manchester 26.17% 25.86% 26.68%
Number of daily rates quoted 238 161 171
Average daily rate £350 £315 £325
Average daily rate % change year-on-year
+11.11% -3.07%
90% offered a daily rate of more than £250 £150 £180
10% offered a daily rate of more than £488 £500 £425
UK excluding London average daily rate £370 £350 £340
% change year-on-year
+5.71% +2.94%
Number of hourly rates quoted 15 23 23
Average hourly rate £14.50 £19.25 £18.00
Average hourly rate % change year-on-year
-24.67% +6.94%
90% offered a hourly rate of more than £10.21 £9.00 £10.00
10% offered a hourly rate of more than £17.95 £32.00 £25.00
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%

Foreign Exchange (FX)
Jobs Demand Trend in Manchester

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the Manchester region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in Manchester

Foreign Exchange (FX)
Daily Rate Trend in Manchester

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the Manchester region.

Foreign Exchange (FX) Daily Rate Trend in Manchester