The first table below looks at the demand for knowledge and experience of Reuters 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 Reuters over the 3 months to 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors 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.

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

Location
3 months to
16 Apr 2014
Same period 2013 Same period 2012
Reuters
Rank - - -
Contract jobs citing Reuters 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 - - -
UK excluding London average daily rate £475 £500 £175
% change year-on-year
-5.00% +185.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.00 £17.50
% change year-on-year
- -20.00%
Vendors Category
Somerset
Contract IT job ads with a match in the
Vendors category
223 117 87
As % of all contract IT jobs located in Somerset 52.22% 57.07% 56.13%
Number of daily rates quoted 164 42 45
Average daily rate £328 £310 £365
Average daily rate % change year-on-year
+5.64% -15.06%
90% offered a daily rate of more than £195 £175 £240
10% offered a daily rate of more than £413 £414 £450
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 7 18 7
Average hourly rate £15.00 £10.00 £12.00
Average hourly rate % change year-on-year
+50.00% -16.66%
90% offered a hourly rate of more than £14.00 £9.00 £10.00
10% offered a hourly rate of more than £32.60 £15.20 £18.00
UK excluding London average hourly rate £17.50 £19.00 £20.00
% change year-on-year
-7.89% -5.00%
Reuters
South West

Reuters
Jobs Demand Trend in Somerset

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

Reuters Jobs Demand Trend in Somerset

Reuters
Daily Rate Trend in Somerset

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

Reuters Daily Rate Trend in Somerset