The table below looks at the statistics for MiFID skills in IT contracts advertised for the Northamptonshire region. Included is a guide to the contractor rates offered in IT contracts that have cited MiFID over the 3 months to 25 August 2016 with a comparison to the same period over 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.

3 months to
25 Aug 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
Median daily rate - - -
UK excluding London median daily rate £438 £475 £110
% change year-on-year
-7.89% +331.81%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £17.00 -
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
45 31 34
As % of all contract IT jobs located in Northamptonshire 11.75% 7.36% 9.14%
Number of daily rates quoted 29 25 20
Median daily rate £425 £450 £425
Median daily rate % change year-on-year
-5.55% +5.88%
90% offered a daily rate of more than £144 £300 £348
10% offered a daily rate of more than £600 £475 £499
UK excluding London median daily rate £400 £400 £380
% change year-on-year
-0.06% +5.32%
Number of hourly rates quoted 4 0 1
Median hourly rate £25.75 - £8.00
UK excluding London median hourly rate £28.15 £25.41 £20.00
% change year-on-year
+10.80% +27.02%