The first table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Somerset region. Included is a guide to the average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 31 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Somerset region.

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
31 Jul 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank - 29 -
Contract jobs citing Foreign Exchange (FX) 0 2 0
As % of all contract IT jobs located in Somerset - 1.07% -
As % of the Miscellaneous category - 5.88% -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £375 £450 £413
% change year-on-year
-16.66% +9.09%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £49.00 £25.00
% change year-on-year
- +96.00%
Miscellaneous Category
Somerset
Contract IT job ads with a match in the
Miscellaneous category
62 34 35
As % of all contract IT jobs located in Somerset 18.34% 18.18% 21.21%
Number of daily rates quoted 51 12 15
Average daily rate £485 £301 £363
Average daily rate % change year-on-year
+61.12% -16.96%
90% offered a daily rate of more than £288 £200 £190
10% offered a daily rate of more than £633 £447 £475
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 1 0 5
Average hourly rate £36.00 - £22.00
UK excluding London average hourly rate £21.00 £21.00 £25.73
% change year-on-year
- -18.38%
Foreign Exchange (FX)
South West

Foreign Exchange (FX)
Jobs Demand Trend in Somerset

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the Somerset region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in Somerset

Foreign Exchange (FX)
Daily Rate Trend in Somerset

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the Somerset region.

Foreign Exchange (FX) Daily Rate Trend in Somerset

Foreign Exchange (FX)
Contract Job Locations in Somerset

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the Somerset region over the 3 months to 31 July 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Street - - - -
Foreign Exchange (FX)
South West