The table below looks at the statistics for MiFID skills in IT contracts advertised for the Northamptonshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited MiFID over the 3 months to 14 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
14 Feb 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank - - -
Contract jobs citing MiFID 0 0 0
As % of all contract IT jobs located in Northamptonshire - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £356 £375 -
% change year-on-year
-5.06% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
MiFID
East Midlands

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 Northamptonshire region.

Quality Assurance & Compliance Category
Northamptonshire
Contract IT job ads with a match in the
Quality Assurance & Compliance category
28 31 26
As % of all contract IT jobs located in Northamptonshire 9.00% 7.21% 8.20%
Number of daily rates quoted 18 20 20
Average daily rate £450 £385 £423
Average daily rate % change year-on-year
+16.88% -8.87%
90% offered a daily rate of more than £368 £230 £300
10% offered a daily rate of more than £554 £575 £500
UK excluding London average daily rate £400 £384 £363
% change year-on-year
+4.23% +5.86%
Number of hourly rates quoted 2 1 2
Average hourly rate £9.75 £10.50 £16.00
Average hourly rate % change year-on-year
-7.14% -34.37%
UK excluding London average hourly rate £42.75 £22.50 £17.15
% change year-on-year
+90.00% +31.19%