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 contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank - 101 -
Contract jobs citing Foreign Exchange (FX) 0 3 0
As % of all contract IT jobs located in Manchester - 0.16% -
As % of the Miscellaneous category - 0.56% -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £351 £650 £400
% change year-on-year
-46.07% +62.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £16.50 -
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
584 535 437
As % of all contract IT jobs located in Manchester 32.18% 29.08% 32.13%
Number of daily rates quoted 369 298 273
Median daily rate £400 £380 £350
Median daily rate % change year-on-year
+5.13% +8.57%
90% offered a daily rate of more than £263 £227 £215
10% offered a daily rate of more than £500 £500 £500
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 22 22 16
Median hourly rate £14.75 £12.35 £13.50
Median hourly rate % change year-on-year
+19.43% -8.51%
90% offered a hourly rate of more than £11.25 £10.98 £11.45
10% offered a hourly rate of more than £42.50 £34.59 £15.00
UK excluding London median hourly rate £21.00 £18.88 £17.63
% change year-on-year
+11.22% +7.12%

Foreign Exchange (FX)
Jobs Demand Trend in Manchester

The demand trend of contract jobs across the Manchester region citing Foreign Exchange (FX) as a proportion of all IT contracts with a match in 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