The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the Somerset region. Included is a guide to the average contractor rates offered in IT contracts that have cited Bloomberg over the 3 months to 28 November 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Bloomberg.

Location
3 months to
28 Nov 2014
Same period 2013 Same period 2012
Bloomberg
Rank - - -
Contract jobs citing Bloomberg 0 0 0
As % of all contract IT jobs located in Somerset - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate £425 £475 £305
% change year-on-year
-10.52% +55.73%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £10.00 £16.72
% change year-on-year
- -40.19%
Bloomberg
South West

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

Vendors Category
Somerset
Contract IT job ads with a match in the
Vendors category
154 83 94
As % of all contract IT jobs located in Somerset 44.25% 40.29% 47.24%
Number of daily rates quoted 101 54 57
Average daily rate £325 £285 £328
Average daily rate % change year-on-year
+14.03% -12.97%
90% offered a daily rate of more than £200 £174 £225
10% offered a daily rate of more than £452 £400 £418
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 18 9 6
Average hourly rate £25.00 £19.30 £12.75
Average hourly rate % change year-on-year
+29.53% +51.37%
90% offered a hourly rate of more than £18.00 £19.30 £12.46
10% offered a hourly rate of more than £38.25 £31.90 £26.75
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

Bloomberg
Jobs Demand Trend in Somerset

This chart provides a 3-month moving total of IT contractor jobs citing Bloomberg across the Somerset region as a proportion of the total demand within the Vendors category.

Bloomberg Jobs Demand Trend in Somerset

Bloomberg
Daily Rate Trend in Somerset

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Bloomberg across the Somerset region.

Bloomberg Daily Rate Trend in Somerset