The table below looks at the statistics for knowledge and experience of Bloomberg products and/or services in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited Bloomberg over the 3 months to 29 July 2016 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Bloomberg.

3 months to
29 Jul 2016
Same period 2015 Same period 2014
Bloomberg
Rank - 141 145
Contract jobs citing Bloomberg 0 1 1
As % of all contract IT jobs located in the South West - 0.031% 0.033%
As % of the Vendors category - 0.079% 0.079%
Number of daily rates quoted 0 1 1
Median daily rate - £121 £188
Median daily rate % change year-on-year
- -35.46%
UK excluding London median daily rate £475 £500 £270
% change year-on-year
-5.00% +85.18%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £13.00
Bloomberg
England

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

Vendors Category
South West
Contract IT job ads with a match in the
Vendors category
1355 1259 1259
As % of all contract IT jobs located in the South West 44.41% 39.34% 41.31%
Number of daily rates quoted 838 773 802
Median daily rate £375 £370 £375
Median daily rate % change year-on-year
+1.35% -1.33%
90% offered a daily rate of more than £250 £190 £213
10% offered a daily rate of more than £525 £500 £500
UK excluding London median daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 63 90 66
Median hourly rate £22.00 £20.50 £20.06
Median hourly rate % change year-on-year
+7.31% +2.19%
90% offered a hourly rate of more than £11.50 £12.50 £13.45
10% offered a hourly rate of more than £43.50 £55.00 £37.50
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

Bloomberg
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Bloomberg as a proportion of all IT contracts with a match in the Vendors category.

Bloomberg Jobs Demand Trend in the South West

Bloomberg
Daily Rate Trend in the South West

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

Bloomberg Daily Rate Trend in the South West