The table below looks at the statistics for COREP skills in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 19 December 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
19 Dec 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 138 121 -
Rank change year-on-year
-17 -
Contract jobs citing COREP 7 2 0
As % of all contract IT jobs located in the South West 0.21% 0.085% -
As % of the Quality Assurance & Compliance category 2.38% 1.10% -
Number of daily rates quoted 7 2 0
Average daily rate
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£500 £425 -
Average daily rate % change year-on-year
+17.64% -
UK excluding London average daily rate £457 £425 £500
% change year-on-year
+7.41% -15.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
COREP
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
294 182 190
As % of all contract IT jobs located in the South West 8.93% 7.71% 7.06%
Number of daily rates quoted 197 118 100
Average daily rate £425 £375 £401
Average daily rate % change year-on-year
+13.33% -6.36%
90% offered a daily rate of more than £208 £180 £250
10% offered a daily rate of more than £550 £476 £600
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 10 10 20
Average hourly rate £44.50 £21.25 £37.50
Average hourly rate % change year-on-year
+109.41% -43.33%
90% offered a hourly rate of more than £15.92 £12.20 £13.60
10% offered a hourly rate of more than £62.50 £39.50 £39.20
UK excluding London average hourly rate £18.75 £18.55 £20.00
% change year-on-year
+1.07% -7.25%

COREP
Jobs Demand Trend in the South West

This chart provides a 3-month moving total of IT contractor jobs citing COREP across the South West region as a proportion of the total demand within the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in the South West

COREP
Daily Rate Trend in the South West

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

COREP Daily Rate Trend in the South West

COREP
Daily Rate Histogram in the South West

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP across the South West region over the 3 months to 19 December 2014.

COREP Daily Rate Histogram in the South West

COREP
Top 30 Related IT Skills in the South West

For the 6 months to 19 December 2014, IT contractor jobs across the South West region citing COREP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited COREP.

1 12 (100.00%) Finance
2 10 (83.33%) FINREP
3 9 (75.00%) FATCA
4 7 (58.33%) GAP Analysis
4 7 (58.33%) ACCA
4 7 (58.33%) Sarbanes-Oxley
4 7 (58.33%) CIMA
4 7 (58.33%) Business Analysis
5 6 (50.00%) Requirements Analysis
6 5 (41.67%) Banking
7 4 (33.33%) Retail
7 4 (33.33%) Retail Banking
8 2 (16.67%) Information Management
8 2 (16.67%) Stakeholder Management
9 1 (8.33%) MS Project
9 1 (8.33%) PRINCE2
9 1 (8.33%) Data Warehouse
9 1 (8.33%) PPP
9 1 (8.33%) Business Intelligence
9 1 (8.33%) PRINCE2 Certification
9 1 (8.33%) PRINCE
9 1 (8.33%) Change Management
9 1 (8.33%) Financial Institution
9 1 (8.33%) Data Analysis
9 1 (8.33%) Investment Banking
9 1 (8.33%) Business Transformation
9 1 (8.33%) Mobile Banking
9 1 (8.33%) Dependency Management
9 1 (8.33%) Project Planning
9 1 (8.33%) MS Project Server

COREP
Top Related IT Skills in the South West by Category

For the 6 months to 19 December 2014, IT contractor jobs across the South West region citing COREP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited COREP. Up to 20 skills are shown per category.

Application Platforms
1 1 (8.33%) MS Project Server
Applications
1 1 (8.33%) MS Project
Communications & Networking
1 1 (8.33%) PPP
Database & Business Intelligence
1 1 (8.33%) Data Warehouse
General
1 12 (100.00%) Finance
2 5 (41.67%) Banking
3 4 (33.33%) Retail
3 4 (33.33%) Retail Banking
4 1 (8.33%) Financial Institution
4 1 (8.33%) Investment Banking
Job Titles
1 9 (75.00%) Analyst
2 8 (66.67%) Senior Business Analyst
2 8 (66.67%) Business Analyst
2 8 (66.67%) Senior Analyst
3 2 (16.67%) Project Manager
4 1 (8.33%) Architect
4 1 (8.33%) Data Architect
4 1 (8.33%) Banking Analyst
4 1 (8.33%) Banking Business Analyst
4 1 (8.33%) Lead Business Analyst
4 1 (8.33%) PMO Analyst
4 1 (8.33%) Business Intelligence Architect
Miscellaneous
1 1 (8.33%) Mobile Banking
1 1 (8.33%) Analytical Skills
Processes & Methodologies
1 7 (58.33%) GAP Analysis
1 7 (58.33%) Business Analysis
2 6 (50.00%) Requirements Analysis
3 2 (16.67%) Information Management
3 2 (16.67%) Stakeholder Management
4 1 (8.33%) PRINCE2
4 1 (8.33%) Business Intelligence
4 1 (8.33%) PRINCE
4 1 (8.33%) Change Management
4 1 (8.33%) Data Analysis
4 1 (8.33%) Business Transformation
4 1 (8.33%) Dependency Management
4 1 (8.33%) Project Planning
4 1 (8.33%) User Acceptance Testing
4 1 (8.33%) Data Architecture
4 1 (8.33%) Change Control
4 1 (8.33%) Programme Management
Qualifications
1 7 (58.33%) ACCA
1 7 (58.33%) CIMA
2 1 (8.33%) PRINCE2 Certification
Quality Assurance & Compliance
1 10 (83.33%) FINREP
2 9 (75.00%) FATCA
3 7 (58.33%) Sarbanes-Oxley
4 1 (8.33%) QA
4 1 (8.33%) Basel III
4 1 (8.33%) Solvency II