The table below looks at the prevalence of the term Interest Rate Derivative in IT contracts advertised for the Northern Ireland region. Included is a guide to the contractor rates offered in IT contracts that have cited Interest Rate Derivative over the 3 months to 29 June 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
29 Jun 2016
Same period 2015 Same period 2014
Interest Rate Derivatives
Rank - - -
Contract jobs citing Interest Rate Derivative 0 0 0
As % of all contract IT jobs located in Northern Ireland - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - £600 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Interest Rate Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Northern Ireland region.

Miscellaneous Category
Northern Ireland
Contract IT job ads with a match in the
Miscellaneous category
34 32 30
As % of all contract IT jobs located in Northern Ireland 33.01% 37.21% 27.78%
Number of daily rates quoted 12 14 15
Median daily rate £350 £325 £363
Median daily rate % change year-on-year
+7.69% -10.34%
90% offered a daily rate of more than £81 £108 £258
10% offered a daily rate of more than £565 £475 £388
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 1 2 0
Median hourly rate £23.50 £32.00 -
Median hourly rate % change year-on-year
-26.56% -
UK excluding London median hourly rate £22.75 £18.00 £21.00
% change year-on-year
+26.38% -14.28%