The table below looks at the prevalence of the term Hedge funds in IT contracts advertised for the Somerset region. Included is a guide to the contractor rates offered in IT contracts that have cited Hedge funds over the 3 months to 24 August 2016 with a comparison to the same period over 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
24 Aug 2016
Same period 2015 Same period 2014
Hedge fund
Rank - - -
Contract jobs citing Hedge funds 0 0 0
As % of all contract IT jobs located in Somerset - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £488 £200 £333
% change year-on-year
+143.75% -39.84%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Hedge funds
South West

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

Miscellaneous Category
Somerset
Contract IT job ads with a match in the
Miscellaneous category
48 85 63
As % of all contract IT jobs located in Somerset 20.17% 28.52% 18.53%
Number of daily rates quoted 18 40 46
Median daily rate £325 £363 £481
Median daily rate % change year-on-year
-10.34% -24.67%
90% offered a daily rate of more than £100 £225 £294
10% offered a daily rate of more than £375 £475 £650
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 19 16 2
Median hourly rate £24.00 £55.00 £24.21
Median hourly rate % change year-on-year
-56.36% +127.17%
90% offered a hourly rate of more than £15.50 £13.75 £14.78
10% offered a hourly rate of more than £37.50 £55.00 £33.64
UK excluding London median hourly rate £22.50 £19.08 £19.00
% change year-on-year
+17.92% +0.42%

Hedge funds
Jobs Demand Trend in Somerset

The demand trend of contract jobs across the Somerset region citing Hedge funds as a proportion of all IT contracts with a match in the Miscellaneous category.

Hedge funds Jobs Demand Trend in Somerset

Hedge funds
Hourly Rate Trend in Somerset

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Hedge funds across the Somerset region.

Hedge funds Hourly Rate Trend in Somerset