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 11 February 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.

Location
3 months to
11 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 105 - -
Rank change year-on-year
- 0
Contract jobs citing Foreign Exchange (FX) 1 0 0
As % of all contract IT jobs located in Manchester 0.055% - -
As % of the Miscellaneous category 0.17% - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £400 £420 £425
% change year-on-year
-4.76% -1.17%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
572 367 328
As % of all contract IT jobs located in Manchester 31.57% 25.70% 27.56%
Number of daily rates quoted 309 216 195
Average daily rate £375 £325 £325
Average daily rate % change year-on-year
+15.38% -
90% offered a daily rate of more than £198 £175 £205
10% offered a daily rate of more than £500 £480 £500
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 20 13 17
Average hourly rate £17.50 £15.75 £18.32
Average hourly rate % change year-on-year
+11.11% -14.02%
90% offered a hourly rate of more than £14.10 £11.09 £8.75
10% offered a hourly rate of more than £29.90 £32.50 £32.00
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

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

Foreign Exchange (FX)
Top 7 Related IT Skills in Manchester

For the 6 months to 11 February 2016, IT contractor jobs across the Manchester region citing Foreign Exchange (FX) also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX).

1 4 (100.00%) Apple
1 4 (100.00%) Banking
1 4 (100.00%) Retail
1 4 (100.00%) Mobile Payment
1 4 (100.00%) Performance Monitoring
1 4 (100.00%) Analytical Skills
2 3 (75.00%) Retail Banking

Foreign Exchange (FX)
Top Related IT Skills in Manchester by Category

For the 6 months to 11 February 2016, IT contractor jobs across the Manchester region citing Foreign Exchange (FX) also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX). Up to 20 skills are shown per category.

General
1 4 (100.00%) Banking
1 4 (100.00%) Retail
2 3 (75.00%) Retail Banking
Job Titles
1 1 (25.00%) Analyst
1 1 (25.00%) Business Analyst
1 1 (25.00%) Consultant
1 1 (25.00%) Payments Business Analyst
1 1 (25.00%) Project Analyst
1 1 (25.00%) Project Consultant
1 1 (25.00%) Project Manager
1 1 (25.00%) Retail Business Analyst
Miscellaneous
1 4 (100.00%) Analytical Skills
1 4 (100.00%) Mobile Payment
Processes & Methodologies
1 4 (100.00%) Performance Monitoring
Vendors
1 4 (100.00%) Apple