The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Manchester region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 19 February 2017 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
19 Feb 2017
Same period 2016 Same period 2015
Solvency II
North West / Manchester
Rank - 107 92
Contract jobs citing Solvency II 0 1 1
As % of all contract IT jobs located in Manchester - 0.056% 0.068%
As % of the Quality Assurance & Compliance category - 0.64% 0.71%
Number of daily rates quoted 0 1 1
Median daily rate - £750 £525
Median daily rate % change year-on-year
- +42.85%
UK excluding London median daily rate £650 £500 £488
% change year-on-year
+30.00% +2.56%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Quality Assurance & Compliance Category
Manchester
Contract IT job ads with a match in the
Quality Assurance & Compliance category
109 157 141
As % of all contract IT jobs located in Manchester 8.17% 8.75% 9.63%
Number of daily rates quoted 69 71 82
Median daily rate £388 £370 £350
Median daily rate % change year-on-year
+4.72% +5.71%
90% offered a daily rate of more than £225 £275 £214
10% offered a daily rate of more than £575 £550 £600
UK excluding London median daily rate £413 £400 £388
% change year-on-year
+3.12% +3.22%
Number of hourly rates quoted 4 2 4
Median hourly rate £47.50 £40.00 £18.25
Median hourly rate % change year-on-year
+18.75% +119.17%
UK excluding London median hourly rate £20.00 £44.00 £23.75
% change year-on-year
-54.54% +85.26%

Solvency II
Jobs Demand Trend in Manchester

The demand trend of contract jobs across the Manchester region citing Solvency II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Manchester

Solvency II
Daily Rate Trend in Manchester

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

Solvency II Daily Rate Trend in Manchester