The table below looks at the prevalence of the term Chip and PIN in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited Chip and PIN over the 3 months to 26 September 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
26 Sep 2016
Same period 2015 Same period 2014
Chip and PIN
Rank - 148 -
Contract jobs citing Chip and PIN 0 2 0
As % of all contract IT jobs located in the South West - 0.061% -
As % of the Miscellaneous category - 0.21% -
Number of daily rates quoted 0 2 0
Median daily rate - £100 -
UK excluding London median daily rate £185 £85 £113
% change year-on-year
+117.64% -24.44%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £11.00
Chip and PIN
England

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

Miscellaneous Category
South West
Contract IT job ads with a match in the
Miscellaneous category
843 937 816
As % of all contract IT jobs located in the South West 29.81% 28.72% 24.26%
Number of daily rates quoted 548 558 492
Median daily rate £363 £375 £375
Median daily rate % change year-on-year
-3.33% -
90% offered a daily rate of more than £221 £225 £193
10% offered a daily rate of more than £500 £507 £550
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 75 57 49
Median hourly rate £33.00 £37.50 £20.25
Median hourly rate % change year-on-year
-12.00% +85.18%
90% offered a hourly rate of more than £13.45 £13.00 £13.00
10% offered a hourly rate of more than £44.00 £45.00 £43.00
UK excluding London median hourly rate £21.75 £18.88 £17.88
% change year-on-year
+15.20% +5.62%

Chip and PIN
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Chip and PIN as a proportion of all IT contracts with a match in the Miscellaneous category.

Chip and PIN Jobs Demand Trend in the South West

Chip and PIN
Daily Rate Trend in the South West

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

Chip and PIN Daily Rate Trend in the South West

Chip and PIN
Hourly Rate Trend in the South West

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Chip and PIN across the South West region.

Chip and PIN Hourly Rate Trend in the South West