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 average contractor rates offered in IT contracts that have cited Hedge funds over the 3 months to 28 August 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
28 Aug 2014
Same period 2013 Same period 2012
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
Average daily rate
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- - -
UK excluding London average daily rate £400 £413 £500
% change year-on-year
-3.03% -17.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
62 45 26
As % of all contract IT jobs located in Somerset 18.40% 19.40% 14.13%
Number of daily rates quoted 48 21 15
Average daily rate £495 £320 £375
Average daily rate % change year-on-year
+54.68% -14.66%
90% offered a daily rate of more than £300 £200 £188
10% offered a daily rate of more than £650 £400 £415
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 2 3 3
Average hourly rate £24.21 £17.65 £35.00
Average hourly rate % change year-on-year
+37.16% -49.57%
UK excluding London average hourly rate £19.00 £17.50 £29.00
% change year-on-year
+8.57% -39.65%

Hedge funds
Jobs Demand Trend in Somerset

This chart provides a 3-month moving total of IT contractor jobs citing Hedge funds across the Somerset region as a proportion of the total demand within 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