The table below looks at the statistics for Basel III skills in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited Basel III over the 3 months to 24 January 2017 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
24 Jan 2017
Same period 2016 Same period 2015
Basel III
England / South West
Rank - 134 128
Contract jobs citing Basel III 0 3 9
As % of all contract IT jobs located in the South West - 0.10% 0.30%
As % of the Quality Assurance & Compliance category - 0.77% 2.67%
Number of daily rates quoted 0 3 9
Median daily rate - £500 £500
UK excluding London median daily rate - £475 £500
% change year-on-year
- -4.95%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the South West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
280 392 337
As % of all contract IT jobs located in the South West 10.84% 13.56% 11.17%
Number of daily rates quoted 190 267 221
Median daily rate £403 £384 £409
Median daily rate % change year-on-year
+4.88% -6.11%
90% offered a daily rate of more than £258 £240 £245
10% offered a daily rate of more than £575 £500 £563
UK excluding London median daily rate £405 £400 £375
% change year-on-year
+1.25% +6.66%
Number of hourly rates quoted 19 28 16
Median hourly rate £46.50 £42.00 £40.00
Median hourly rate % change year-on-year
+10.71% +5.00%
90% offered a hourly rate of more than £13.00 £34.00 £15.00
10% offered a hourly rate of more than £55.00 £50.00 £62.50
UK excluding London median hourly rate £21.98 £42.00 £24.00
% change year-on-year
-47.67% +75.00%

Basel III
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Basel III as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Basel III Jobs Demand Trend in the South West

Basel III
Daily Rate Trend in the South West

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

Basel III Daily Rate Trend in the South West