The table below looks at the statistics for Requirements Engineering 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 Requirements Engineering over the 3 months to 23 September 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
23 Sep 2014
Same period 2013 Same period 2012
Requirements Engineering
Rank - - 38
Contract jobs citing Requirements Engineering 0 0 1
As % of all contract IT jobs located in South Wales - - 0.24%
As % of the Processes & Methodologies category - - 0.34%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £394 £315 £400
% change year-on-year
+25.00% -21.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £45.43 £40.00 £33.75
% change year-on-year
+13.57% +18.51%
Requirements Engineering
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
416 315 290
As % of all contract IT jobs located in South Wales 73.37% 70.47% 70.56%
Number of daily rates quoted 307 221 201
Average daily rate £375 £350 £355
Average daily rate % change year-on-year
+7.14% -1.40%
90% offered a daily rate of more than £255 £238 £275
10% offered a daily rate of more than £475 £475 £475
UK excluding London average daily rate £375 £367 £363
% change year-on-year
+2.17% +1.24%
Number of hourly rates quoted 5 13 5
Average hourly rate £43.75 £15.58 £17.50
Average hourly rate % change year-on-year
+180.80% -10.97%
90% offered a hourly rate of more than £9.50 £11.50 £15.00
10% offered a hourly rate of more than £67.50 £18.59 £61.00
UK excluding London average hourly rate £25.75 £30.00 £30.00
% change year-on-year
-14.16% -

Requirements Engineering
Jobs Demand Trend in South Wales

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

Requirements Engineering Jobs Demand Trend in South Wales

Requirements Engineering
Daily Rate Trend in South Wales

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

Requirements Engineering Daily Rate Trend in South Wales