The first 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 average contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Manchester region.

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
24 May 2013
Same period 2012 Same period 2011
Market Risk
Rank - 81 -
Contract jobs citing Market Risk 0 2 0
As % of all contract IT jobs located in Manchester - 0.155% -
As % of the Miscellaneous category - 0.741% -
Number of daily rates quoted 0 1 0
Average daily rate - £275 -
UK excluding London average daily rate £575 £425 £400
% change year-on-year
+35.29% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
Manchester
Contract IT job ads with a match in the
Miscellaneous category
221 270 210
As % of all contract IT jobs located in Manchester 23.69% 20.90% 20.15%
Number of daily rates quoted 90 109 88
Average daily rate £302 £325 £300
Average daily rate % change year-on-year
-7.23% +8.33%
90% offered a daily rate of more than £170 £191 £212
10% offered a daily rate of more than £450 £436 £463
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 17 21 20
Average hourly rate £13.50 £20.50 £13.00
Average hourly rate % change year-on-year
-34.14% +57.69%
90% offered a hourly rate of more than £11.08 £17.00 £9.74
10% offered a hourly rate of more than £17.49 £33.30 £27.50
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Market Risk
North West

Market Risk
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the Manchester region as a proportion of the total demand within the Miscellaneous category.

Manchester Market Risk Jobs Demand Trend