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 contractor rates offered in IT contracts that have cited Procure-to-Pay over the 3 months to 6 December 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
6 Dec 2016
Same period 2015 Same period 2014
Procure-to-Pay (including Purchase-to-Pay, P2P)
Rank - - 60
Contract jobs citing Procure-to-Pay 0 0 4
As % of all contract IT jobs located in South Wales - - 0.76%
As % of the Processes & Methodologies category - - 0.95%
Number of daily rates quoted 0 0 3
Median daily rate - - £350
UK excluding London median daily rate £411 £440 £425
% change year-on-year
-6.69% +3.52%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £19.50 £50.00 £10.00
% change year-on-year
-61.00% +400.00%
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
535 468 423
As % of all contract IT jobs located in South Wales 83.59% 79.59% 79.96%
Number of daily rates quoted 401 374 304
Median daily rate £425 £350 £350
Median daily rate % change year-on-year
+21.42% -
90% offered a daily rate of more than £300 £300 £250
10% offered a daily rate of more than £550 £450 £475
UK excluding London median daily rate £413 £400 £385
% change year-on-year
+3.12% +3.89%
Number of hourly rates quoted 21 13 9
Median hourly rate £46.00 £21.00 £22.50
Median hourly rate % change year-on-year
+119.04% -6.66%
90% offered a hourly rate of more than £16.22 £11.00 £11.00
10% offered a hourly rate of more than £60.00 £43.02 £29.50
UK excluding London median hourly rate £31.00 £34.95 £25.00
% change year-on-year
-11.30% +39.80%

Procure-to-Pay
Jobs Demand Trend in South Wales

The demand trend of contract jobs across the South Wales region citing Procure-to-Pay as a proportion of all IT contracts with a match in 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