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 contractor rates offered in IT contracts that have cited COREP over the 3 months to 30 June 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
30 Jun 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank - 138 145
Contract jobs citing COREP 0 9 5
As % of all contract IT jobs located in the South West - 0.29% 0.17%
As % of the Quality Assurance & Compliance category - 2.74% 1.23%
Number of daily rates quoted 0 9 5
Median daily rate - £613 £526
Median daily rate % change year-on-year
- +16.55%
UK excluding London median daily rate £403 £563 £501
% change year-on-year
-28.44% +12.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
290 329 408
As % of all contract IT jobs located in the South West 9.62% 10.46% 13.57%
Number of daily rates quoted 185 232 275
Median daily rate £383 £400 £400
Median daily rate % change year-on-year
-4.37% -
90% offered a daily rate of more than £275 £225 £293
10% offered a daily rate of more than £600 £550 £545
UK excluding London median daily rate £400 £378 £365
% change year-on-year
+5.96% +3.42%
Number of hourly rates quoted 17 12 33
Median hourly rate £36.50 £19.46 £37.75
Median hourly rate % change year-on-year
+87.61% -48.46%
90% offered a hourly rate of more than £33.00 £13.00 £13.95
10% offered a hourly rate of more than £53.40 £45.00 £42.70
UK excluding London median hourly rate £28.00 £22.50 £20.75
% change year-on-year
+24.44% +8.43%

COREP
Jobs Demand Trend in the South West

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