The first table below looks at the prevalence of the term Market Risk 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 Market Risk over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the South East 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.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Market Risk
Rank - 238 246
Contract jobs citing Market Risk 0 1 7
As % of all contract IT jobs located in the South East - 0.010% 0.067%
As % of the Miscellaneous category - 0.052% 0.359%
Number of daily rates quoted 0 0 3
Average daily rate - - £425
UK excluding London average daily rate £575 £425 £400
% change year-on-year
+35.29% +6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
South East
Contract IT job ads with a match in the
Miscellaneous category
1563 1915 1952
As % of all contract IT jobs located in the South East 20.05% 18.87% 18.82%
Number of daily rates quoted 717 810 808
Average daily rate £375 £325 £350
Average daily rate % change year-on-year
+15.38% -7.14%
90% offered a daily rate of more than £220 £220 £225
10% offered a daily rate of more than £525 £475 £475
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 120 177 180
Average hourly rate £22.50 £27.50 £30.75
Average hourly rate % change year-on-year
-18.18% -10.56%
90% offered a hourly rate of more than £14.00 £12.60 £12.50
10% offered a hourly rate of more than £42.50 £45.00 £40.00
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Market Risk
England

Market Risk
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Market Risk across the South East region as a proportion of the total demand within the Miscellaneous category.

South East Market Risk Jobs Demand Trend

Market Risk
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Market Risk across the South East region.

South East Market Risk Daily Rate Trend