The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the South East 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 27 August 2015 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
27 Aug 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 263 244 237
Rank change year-on-year
-19 -7
Contract jobs citing Foreign Exchange (FX) 5 7 7
As % of all contract IT jobs located in the South East 0.051% 0.075% 0.079%
As % of the Miscellaneous category 0.17% 0.26% 0.29%
Number of daily rates quoted 4 5 5
Average daily rate
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£650 £411 £450
Average daily rate % change year-on-year
+58.15% -8.66%
UK excluding London average daily rate £538 £400 £450
% change year-on-year
+34.37% -11.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £49.00
Foreign Exchange (FX)
England

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

Miscellaneous Category
South East
Contract IT job ads with a match in the
Miscellaneous category
2975 2745 2396
As % of all contract IT jobs located in the South East 30.62% 29.59% 26.97%
Number of daily rates quoted 1683 1493 1250
Average daily rate £375 £350 £365
Average daily rate % change year-on-year
+7.14% -4.10%
90% offered a daily rate of more than £225 £220 £213
10% offered a daily rate of more than £520 £500 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 162 152 150
Average hourly rate £22.50 £19.91 £19.88
Average hourly rate % change year-on-year
+13.00% +0.17%
90% offered a hourly rate of more than £12.44 £11.00 £12.50
10% offered a hourly rate of more than £47.83 £45.70 £42.50
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

Foreign Exchange (FX)
Jobs Demand Trend in the South East

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

Foreign Exchange (FX) Jobs Demand Trend in the South East

Foreign Exchange (FX)
Daily Rate Trend in the South East

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

Foreign Exchange (FX) Daily Rate Trend in the South East

Foreign Exchange (FX)
Daily Rate Histogram in the South East

This chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) across the South East region over the 3 months to 27 August 2015.

Foreign Exchange (FX) Daily Rate Histogram in the South East

Foreign Exchange (FX)
Hourly Rate Trend in the South East

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Foreign Exchange (FX) across the South East region.

Foreign Exchange (FX) Hourly Rate Trend in the South East

Foreign Exchange (FX)
Contract Job Locations in the South East

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 South East region over the 3 months to 27 August 2015. 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
Berkshire - 4 £650 -
Hampshire -3 2 £650 +58.15%
Buckinghamshire -7 2 £650 +116.66%
Surrey -3 1 £513 +70.83%
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 30 Related IT Skills in the South East

For the 6 months to 27 August 2015, IT contractor jobs across the South East region citing Foreign Exchange (FX) also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX).

1 5 (62.50%) Finance
2 4 (50.00%) Business Intelligence
3 3 (37.50%) IBM
3 3 (37.50%) Java
3 3 (37.50%) SQL
3 3 (37.50%) OOD
3 3 (37.50%) WebSphere Application Server
3 3 (37.50%) SAP
3 3 (37.50%) UNIX
3 3 (37.50%) UML
3 3 (37.50%) OO
3 3 (37.50%) ClearCase
3 3 (37.50%) ClearQuest
3 3 (37.50%) MVC
3 3 (37.50%) Hibernate
3 3 (37.50%) Scrum
3 3 (37.50%) Agile Software Development
3 3 (37.50%) Spring
3 3 (37.50%) JSF
3 3 (37.50%) Software Engineering
3 3 (37.50%) Retail
3 3 (37.50%) WebSphere
3 3 (37.50%) Java EE
3 3 (37.50%) Spring MVC
3 3 (37.50%) Spring Web Flow
3 3 (37.50%) Unit Testing
3 3 (37.50%) Relational Database
4 2 (25.00%) Content Management
4 2 (25.00%) Analytical Skills
4 2 (25.00%) MuleSoft

Foreign Exchange (FX)
Top Related IT Skills in the South East by Category

For the 6 months to 27 August 2015, IT contractor jobs across the South East region citing Foreign Exchange (FX) also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX). Up to 20 skills are shown per category.

Application Platforms
1 3 (37.50%) WebSphere Application Server
1 3 (37.50%) WebSphere
2 2 (25.00%) SharePoint
2 2 (25.00%) BizTalk Server
Business Applications
1 1 (12.50%) CODA-Financials
1 1 (12.50%) SAP Oil and Gas
Database & Business Intelligence
1 3 (37.50%) Relational Database
2 2 (25.00%) Data Warehouse
Development Applications
1 3 (37.50%) ClearCase
1 3 (37.50%) ClearQuest
General
1 5 (62.50%) Finance
2 3 (37.50%) Retail
3 2 (25.00%) Banking
4 1 (12.50%) Billing
4 1 (12.50%) Marketing
4 1 (12.50%) Manufacturing
4 1 (12.50%) Electronics
4 1 (12.50%) Telecoms
Job Titles
1 3 (37.50%) Software Engineer
1 3 (37.50%) Java Software Engineer
2 2 (25.00%) Senior Solutions Architect
2 2 (25.00%) Senior Architect
2 2 (25.00%) Architect
2 2 (25.00%) Business Analyst
2 2 (25.00%) Analyst
2 2 (25.00%) Solutions Architect
3 1 (12.50%) Business Process Analyst
3 1 (12.50%) Process Analyst
3 1 (12.50%) Systems Administrator
3 1 (12.50%) Developer
3 1 (12.50%) Payments Business Analyst
Libraries, Frameworks & Software Standards
1 3 (37.50%) Hibernate
1 3 (37.50%) Spring
1 3 (37.50%) JSF
1 3 (37.50%) Java EE
1 3 (37.50%) Spring MVC
1 3 (37.50%) Spring Web Flow
2 2 (25.00%) SAP PI
2 2 (25.00%) Middleware
Miscellaneous
1 2 (25.00%) SCADA
1 2 (25.00%) Social Media
1 2 (25.00%) Digital Media
1 2 (25.00%) Enterprise Software
1 2 (25.00%) Analytical Skills
1 2 (25.00%) Data Centre
2 1 (12.50%) DTV
Operating Systems
1 3 (37.50%) UNIX
Processes & Methodologies
1 4 (50.00%) Business Intelligence
2 3 (37.50%) OOD
2 3 (37.50%) UML
2 3 (37.50%) OO
2 3 (37.50%) MVC
2 3 (37.50%) Scrum
2 3 (37.50%) Agile Software Development
2 3 (37.50%) Software Engineering
2 3 (37.50%) Unit Testing
3 2 (25.00%) Content Management
3 2 (25.00%) Enterprise Architecture
3 2 (25.00%) Migration
3 2 (25.00%) Stakeholder Management
3 2 (25.00%) CRM
3 2 (25.00%) E-Commerce
3 2 (25.00%) SOA
4 1 (12.50%) Change Management
4 1 (12.50%) Programme Management
4 1 (12.50%) Digital Marketing
4 1 (12.50%) Data Management
Programming Languages
1 3 (37.50%) Java
1 3 (37.50%) SQL
Quality Assurance & Compliance
1 2 (25.00%) Solvency II
Vendors
1 3 (37.50%) SAP
1 3 (37.50%) IBM
2 2 (25.00%) Adobe
2 2 (25.00%) FatWire
2 2 (25.00%) Pega
2 2 (25.00%) Sitecore
2 2 (25.00%) hybris
2 2 (25.00%) Guidewire
2 2 (25.00%) MuleSoft
2 2 (25.00%) Oracle
3 1 (12.50%) CODA