The table below looks at the statistics for RMADS skills in IT contracts advertised for the Somerset region. Included is a guide to the contractor rates offered in IT contracts that have cited RMADS over the 3 months to 25 May 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
25 May 2016
Same period 2015 Same period 2014
Risk Management and Accreditation Documentation Set (RMADS)
Rank - 40 51
Contract jobs citing RMADS 0 5 11
As % of all contract IT jobs located in Somerset - 1.37% 2.41%
As % of the Quality Assurance & Compliance category - 11.90% 13.10%
Number of daily rates quoted 0 5 7
Median daily rate - £420 £520
Median daily rate % change year-on-year
- -19.23%
UK excluding London median daily rate £480 £468 £590
% change year-on-year
+2.67% -20.76%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £74.00 £60.98 £28.99
% change year-on-year
+21.35% +110.34%
RMADS
South West

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

Quality Assurance & Compliance Category
Somerset
Contract IT job ads with a match in the
Quality Assurance & Compliance category
10 42 84
As % of all contract IT jobs located in Somerset 4.22% 11.48% 18.38%
Number of daily rates quoted 3 31 57
Median daily rate £390 £435 £373
Median daily rate % change year-on-year
-10.34% +16.77%
90% offered a daily rate of more than £310 £314 £300
10% offered a daily rate of more than £438 £725 £540
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 3 1 1
Median hourly rate £35.50 £29.00 £15.00
Median hourly rate % change year-on-year
+22.41% +93.33%
UK excluding London median hourly rate £27.00 £24.00 £21.00
% change year-on-year
+12.50% +14.28%

RMADS
Jobs Demand Trend in Somerset

The demand trend of contract jobs across the Somerset region citing RMADS as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

RMADS Jobs Demand Trend in Somerset

RMADS
Daily Rate Trend in Somerset

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

RMADS Daily Rate Trend in Somerset