The table below looks at the statistics for Velocity skills in IT contracts advertised for the Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Velocity over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Apache Velocity
Rank - - -
Contract jobs citing Velocity 0 0 0
As % of all contract IT jobs located in the Midlands - - -
As % of the Libraries, Frameworks & Software Standards category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £350 £363 £380
% change year-on-year
-3.44% -4.60%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Velocity
England

The following table is for comparison with the above and provides statistics for the entire Libraries, Frameworks & Software Standards category in contract jobs advertised in the Midlands region.

Libraries, Frameworks & Software Standards Category
Midlands
Contract IT job ads with a match in the
Libraries, Frameworks & Software Standards category
13 38 25
As % of all contract IT jobs located in the Midlands 8.67% 28.57% 13.44%
Number of daily rates quoted 7 7 15
Average daily rate £423 £350 £375
Average daily rate % change year-on-year
+20.71% -6.66%
90% offered a daily rate of more than £400 £175 £253
10% offered a daily rate of more than £725 £369 £500
UK excluding London average daily rate £365 £350 £325
% change year-on-year
+4.28% +7.69%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £38.75 £33.50 £32.50
% change year-on-year
+15.67% +3.07%

Velocity
Jobs Demand Trend in the Midlands

This chart provides a 3-month moving total of IT contractor jobs citing Velocity across the Midlands region as a proportion of the total demand within the Libraries, Frameworks & Software Standards category.

Velocity Jobs Demand Trend in the Midlands