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 August 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
24 Aug 2016
Same period 2015 Same period 2014
Basel III
Rank - 145 141
Contract jobs citing Basel III 0 5 9
As % of all contract IT jobs located in the South West - 0.15% 0.29%
As % of the Quality Assurance & Compliance category - 1.45% 2.15%
Number of daily rates quoted 0 5 9
Median daily rate - £500 £500
UK excluding London median daily rate £425 £500 £500
% change year-on-year
-15.00% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Basel III
England

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
307 345 419
As % of all contract IT jobs located in the South West 10.55% 10.29% 13.45%
Number of daily rates quoted 214 232 283
Median daily rate £390 £420 £438
Median daily rate % change year-on-year
-7.14% -4.00%
90% offered a daily rate of more than £225 £249 £300
10% offered a daily rate of more than £525 £533 £550
UK excluding London median daily rate £400 £400 £380
% change year-on-year
- +5.26%
Number of hourly rates quoted 14 17 30
Median hourly rate £33.60 £23.75 £25.50
Median hourly rate % change year-on-year
+41.47% -6.86%
90% offered a hourly rate of more than £25.63 £13.00 £16.80
10% offered a hourly rate of more than £54.00 £61.50 £43.00
UK excluding London median hourly rate £28.15 £25.00 £20.00
% change year-on-year
+12.60% +25.00%

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