The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the Manchester region. Included is a guide to the contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 30 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
30 Aug 2016
Same period 2015 Same period 2014
Market Risk
Rank - - -
Contract jobs citing Market Risk 0 0 0
As % of all contract IT jobs located in Manchester - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £463 £538 £425
% change year-on-year
-13.95% +26.47%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Market Risk
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
623 500 428
As % of all contract IT jobs located in Manchester 33.71% 27.92% 32.72%
Number of daily rates quoted 388 278 249
Median daily rate £400 £375 £350
Median daily rate % change year-on-year
+6.53% +7.14%
90% offered a daily rate of more than £224 £213 £223
10% offered a daily rate of more than £500 £498 £525
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 27 20 18
Median hourly rate £14.50 £13.50 £15.00
Median hourly rate % change year-on-year
+7.40% -10.00%
90% offered a hourly rate of more than £11.00 £10.83 £12.00
10% offered a hourly rate of more than £40.70 £40.00 £18.44
UK excluding London median hourly rate £22.25 £19.29 £19.50
% change year-on-year
+15.34% -1.07%

Market Risk
Jobs Demand Trend in Manchester

The demand trend of contract jobs across the Manchester region citing Market Risk as a proportion of all IT contracts with a match in the Miscellaneous category.

Market Risk Jobs Demand Trend in Manchester

Market Risk
Daily Rate Trend in Manchester

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

Market Risk Daily Rate Trend in Manchester