The table below looks at the statistics for Requirements Engineering skills in IT contracts advertised for the Milton Keynes region. Included is a guide to the average contractor rates offered in IT contracts that have cited Requirements Engineering over the 3 months to 23 October 2014 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
23 Oct 2014
Same period 2013 Same period 2012
Requirements Engineering
Rank - - 56
Contract jobs citing Requirements Engineering 0 0 1
As % of all contract IT jobs located in Milton Keynes - - 0.15%
As % of the Processes & Methodologies category - - 0.21%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £513
UK excluding London average daily rate £400 £315 £400
% change year-on-year
+26.98% -21.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £34.00 £40.00 £30.00
% change year-on-year
-15.00% +33.33%
Requirements Engineering
Buckinghamshire

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Milton Keynes region.

Processes & Methodologies Category
Milton Keynes
Contract IT job ads with a match in the
Processes & Methodologies category
679 500 475
As % of all contract IT jobs located in Milton Keynes 76.98% 70.92% 71.43%
Number of daily rates quoted 421 244 242
Average daily rate £360 £370 £350
Average daily rate % change year-on-year
-2.70% +5.71%
90% offered a daily rate of more than £225 £210 £220
10% offered a daily rate of more than £450 £463 £488
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 24 32 30
Average hourly rate £15.00 £15.23 £15.00
Average hourly rate % change year-on-year
-1.51% +1.53%
90% offered a hourly rate of more than £12.00 £13.00 £11.07
10% offered a hourly rate of more than £34.00 £66.00 £18.37
UK excluding London average hourly rate £25.00 £28.00 £26.90
% change year-on-year
-10.71% +4.08%

Requirements Engineering
Jobs Demand Trend in Milton Keynes

This chart provides a 3-month moving total of IT contractor jobs citing Requirements Engineering across the Milton Keynes region as a proportion of the total demand within the Processes & Methodologies category.

Requirements Engineering Jobs Demand Trend in Milton Keynes

Requirements Engineering
Daily Rate Trend in Milton Keynes

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Requirements Engineering across the Milton Keynes region.

Requirements Engineering Daily Rate Trend in Milton Keynes