The table below looks at the prevalence of the term Financial Institution in IT contracts advertised for the Reigate region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Institution over the 3 months to 29 April 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.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Financial Institution
Rank - - -
Contract jobs citing Financial Institution 0 0 0
As % of all contract IT jobs located in Reigate - - -
As % of the General category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £475 £425 £365
% change year-on-year
+11.76% +16.43%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £10.44 £16.00 £13.50
% change year-on-year
-34.75% +18.51%
Financial Institution
Surrey

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

General Category
Reigate
Contract IT job ads with a match in the
General category
9 17 28
As % of all contract IT jobs located in Reigate 50.00% 58.62% 70.00%
Number of daily rates quoted 8 12 20
Average daily rate £185 £423 £425
Average daily rate % change year-on-year
-56.33% -0.58%
90% offered a daily rate of more than £160 £303 £269
10% offered a daily rate of more than £475 £450 £450
UK excluding London average daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £28.00 £25.00 £25.00
% change year-on-year
+12.00% -