The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Midlands 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 29 May 2015 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
29 May 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank - - 22
Contract jobs citing Foreign Exchange (FX) 0 0 4
As % of all contract IT jobs located in the Midlands - - 2.23%
As % of the Miscellaneous category - - 11.43%
Number of daily rates quoted 0 0 4
Average daily rate
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- - £600
UK excluding London average daily rate £350 £380 £425
% change year-on-year
-7.89% -10.58%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £13.50 - -
Foreign Exchange (FX)
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Midlands region.

Miscellaneous Category
Midlands
Contract IT job ads with a match in the
Miscellaneous category
32 45 35
As % of all contract IT jobs located in the Midlands 20.78% 26.79% 19.55%
Number of daily rates quoted 11 14 15
Average daily rate £413 £375 £400
Average daily rate % change year-on-year
+10.00% -6.25%
90% offered a daily rate of more than £321 £230 £325
10% offered a daily rate of more than £563 £520 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 0 2 1
Average hourly rate - £30.00 £32.00
Average hourly rate % change year-on-year
- -6.25%
UK excluding London average hourly rate £19.00 £21.50 £21.50
% change year-on-year
-11.62% -

Foreign Exchange (FX)
Jobs Demand Trend in the Midlands

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the Midlands region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in the Midlands

Foreign Exchange (FX)
Daily Rate Trend in the Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the Midlands region.

Foreign Exchange (FX) Daily Rate Trend in the Midlands

Foreign Exchange (FX)
Top 4 Related IT Skills in the Midlands

For the 6 months to 29 May 2015, IT contractor jobs across the Midlands 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 1 (100.00%) SAP
1 1 (100.00%) SAP FI
1 1 (100.00%) Finance
1 1 (100.00%) SAP FI-AP

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

For the 6 months to 29 May 2015, IT contractor jobs across the Midlands 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.

Business Applications
1 1 (100.00%) SAP FI
1 1 (100.00%) SAP FI-AP
General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) SAP Support
Vendors
1 1 (100.00%) SAP