The table below looks at the statistics for CIPFA in IT contracts advertised for the South Wales region. Included is a guide to the average contractor rates offered in IT contracts that have cited CIPFA over the 3 months to 20 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
20 Aug 2014
Same period 2013 Same period 2012
Chartered Institute of Public Finance and Accountancy (CIPFA)
Rank - 50 -
Contract jobs citing CIPFA 0 2 0
As % of all contract IT jobs located in South Wales - 0.43% -
As % of the Qualifications category - 1.53% -
Number of daily rates quoted 0 2 0
Average daily rate
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- £475 -
UK excluding London average daily rate £242 £475 £325
% change year-on-year
-49.10% +46.15%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £30.62 - -
CIPFA
Wales

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

Qualifications Category
South Wales
Contract IT job ads with a match in the
Qualifications category
175 131 106
As % of all contract IT jobs located in South Wales 30.49% 27.93% 24.71%
Number of daily rates quoted 132 75 46
Average daily rate £375 £388 £375
Average daily rate % change year-on-year
-3.22% +3.33%
90% offered a daily rate of more than £250 £245 £229
10% offered a daily rate of more than £490 £600 £455
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 5 12 5
Average hourly rate £22.50 £15.54 £14.50
Average hourly rate % change year-on-year
+44.78% +7.17%
90% offered a hourly rate of more than £14.20 £13.00 £12.50
10% offered a hourly rate of more than £38.75 £22.50 £22.50
UK excluding London average hourly rate £19.00 £20.00 £22.50
% change year-on-year
-5.00% -11.11%

CIPFA
Jobs Demand Trend in South Wales

This chart provides a 3-month moving total of IT contractor jobs citing CIPFA across the South Wales region as a proportion of the total demand within the Qualifications category.

CIPFA Jobs Demand Trend in South Wales

CIPFA
Daily Rate Trend in South Wales

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

CIPFA Daily Rate Trend in South Wales