The table below looks at the statistics for Procure-to-pay skills in IT contracts advertised for the Reading region. Included is a guide to the average contractor rates offered in IT contracts that have cited Procure-to-pay 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
Procure-to-pay (including Purchase-to-pay, P2P)
Rank - - 76
Contract jobs citing Procure-to-pay 0 0 2
As % of all contract IT jobs located in Reading - - 0.21%
As % of the Processes & Methodologies category - - 0.28%
Number of daily rates quoted 0 0 2
Average daily rate - - £110
UK excluding London average daily rate £450 £425 £425
% change year-on-year
+5.88% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £55.00 £12.10 £31.25
% change year-on-year
+354.54% -61.28%
Procure-to-pay
Berkshire

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

Processes & Methodologies Category
Reading
Contract IT job ads with a match in the
Processes & Methodologies category
752 620 717
As % of all contract IT jobs located in Reading 75.96% 70.45% 73.77%
Number of daily rates quoted 438 345 365
Average daily rate £400 £400 £400
90% offered a daily rate of more than £275 £250 £255
10% offered a daily rate of more than £535 £525 £525
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 20 7 21
Average hourly rate £45.00 £55.65 £16.00
Average hourly rate % change year-on-year
-19.13% +247.81%
90% offered a hourly rate of more than £15.00 £17.50 £15.00
10% offered a hourly rate of more than £63.00 £55.65 £180.00
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Procure-to-pay
Jobs Demand Trend in Reading

This chart provides a 3-month moving total of IT contractor jobs citing Procure-to-pay across the Reading region as a proportion of the total demand within the Processes & Methodologies category.

Procure-to-pay Jobs Demand Trend in Reading

Procure-to-pay
Daily Rate Trend in Reading

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Procure-to-pay across the Reading region.

Procure-to-pay Daily Rate Trend in Reading