The table below looks at the statistics for Basel II skills in IT contracts advertised for the North East region. Included is a guide to the average contractor rates offered in IT contracts that have cited Basel II over the 3 months to 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Basel II
Rank - - 39
Contract jobs citing Basel II 0 0 1
As % of all contract IT jobs located in the North East - - 0.29%
As % of the Quality Assurance & Compliance category - - 3.70%
Number of daily rates quoted 0 0 1
Average daily rate
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- - £525
UK excluding London average daily rate £488 £500 £450
% change year-on-year
-2.50% +11.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Basel II
England

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 North East region.

Quality Assurance & Compliance Category
North East
Contract IT job ads with a match in the
Quality Assurance & Compliance category
57 55 27
As % of all contract IT jobs located in the North East 6.22% 10.52% 7.78%
Number of daily rates quoted 34 44 12
Average daily rate £308 £413 £495
Average daily rate % change year-on-year
-25.45% -16.66%
90% offered a daily rate of more than £204 £325 £303
10% offered a daily rate of more than £373 £500 £525
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 5 3 0
Average hourly rate £15.00 £14.86 -
Average hourly rate % change year-on-year
+0.97% -
UK excluding London average hourly rate £21.55 £20.50 £17.50
% change year-on-year
+5.12% +17.14%

Basel II
Jobs Demand Trend in the North East

This chart provides a 3-month moving total of IT contractor jobs citing Basel II across the North East region as a proportion of the total demand within the Quality Assurance & Compliance category.

Basel II Jobs Demand Trend in the North East