The table below looks at the prevalence of the term Swaptions in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 18 September 2014 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
18 Sep 2014
Same period 2013 Same period 2012
Swaptions
Rank - - 114
Contract jobs citing Swaptions 0 0 1
As % of all contract IT jobs located in Scotland - - 0.038%
As % of the Miscellaneous category - - 0.16%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Swaptions
UK

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

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
749 624 632
As % of all contract IT jobs located in Scotland 26.93% 25.69% 24.03%
Number of daily rates quoted 411 323 251
Average daily rate £350 £375 £338
Average daily rate % change year-on-year
-6.66% +11.11%
90% offered a daily rate of more than £176 £200 £210
10% offered a daily rate of more than £500 £500 £500
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 24 23 50
Average hourly rate £14.39 £13.22 £22.50
Average hourly rate % change year-on-year
+8.81% -41.24%
90% offered a hourly rate of more than £10.65 £9.25 £9.55
10% offered a hourly rate of more than £42.13 £22.50 £40.10
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

Swaptions
Jobs Demand Trend in Scotland

This chart provides a 3-month moving total of IT contractor jobs citing Swaptions across the Scotland region as a proportion of the total demand within the Miscellaneous category.

Swaptions Jobs Demand Trend in Scotland