The table below looks at the statistics for Procure-to-pay skills 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 Procure-to-pay over the 3 months to 31 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
31 Aug 2015
Same period 2014 Same period 2013
Procure-to-pay (including Purchase-to-pay, P2P)
Rank - 53 46
Contract jobs citing Procure-to-pay 0 6 5
As % of all contract IT jobs located in South Wales - 1.07% 1.10%
As % of the Processes & Methodologies category - 1.43% 1.52%
Number of daily rates quoted 0 5 5
Average daily rate
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- £400 £475
Average daily rate % change year-on-year
- -15.78%
UK excluding London average daily rate £388 £450 £450
% change year-on-year
-13.88% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £30.00 - -
Procure-to-pay
Wales

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

Processes & Methodologies Category
South Wales
Contract IT job ads with a match in the
Processes & Methodologies category
528 420 328
As % of all contract IT jobs located in South Wales 79.64% 74.60% 71.93%
Number of daily rates quoted 403 305 228
Average daily rate £356 £375 £350
Average daily rate % change year-on-year
-5.06% +7.14%
90% offered a daily rate of more than £250 £225 £250
10% offered a daily rate of more than £450 £475 £450
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 14 7 13
Average hourly rate £15.75 £13.50 £15.00
Average hourly rate % change year-on-year
+16.66% -10.00%
90% offered a hourly rate of more than £11.50 £9.70 £10.63
10% offered a hourly rate of more than £66.00 £43.00 £21.60
UK excluding London average hourly rate £32.50 £25.00 £30.25
% change year-on-year
+30.00% -17.35%

Procure-to-pay
Jobs Demand Trend in South Wales

This chart provides a 3-month moving total of IT contractor jobs citing Procure-to-pay across the South Wales region as a proportion of the total demand within the Processes & Methodologies category.

Procure-to-pay Jobs Demand Trend in South Wales

Procure-to-pay
Daily Rate Trend in South Wales

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

Procure-to-pay Daily Rate Trend in South Wales