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 28 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
28 Aug 2014
Same period 2013 Same period 2012
Requirements Engineering
Rank - - 42
Contract jobs citing Requirements Engineering 0 0 1
As % of all contract IT jobs located in South Wales - - 0.25%
As % of the Processes & Methodologies category - - 0.36%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £426 £315 £400
% change year-on-year
+35.31% -21.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £47.50 £40.00 £39.50
% change year-on-year
+18.75% +1.26%
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
399 320 281
As % of all contract IT jobs located in South Wales 70.87% 70.18% 69.55%
Number of daily rates quoted 291 222 184
Average daily rate £375 £350 £350
Average daily rate % change year-on-year
+7.14% -
90% offered a daily rate of more than £220 £248 £275
10% offered a daily rate of more than £475 £450 £500
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 7 13 5
Average hourly rate £13.50 £15.00 £13.00
Average hourly rate % change year-on-year
-10.00% +15.38%
90% offered a hourly rate of more than £9.70 £10.63 £12.85
10% offered a hourly rate of more than £43.00 £21.60 £58.00
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

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