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 29 July 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
29 Jul 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank - 137 140
Contract jobs citing COREP 0 5 6
As % of all contract IT jobs located in the South West - 0.16% 0.20%
As % of the Quality Assurance & Compliance category - 1.49% 1.46%
Number of daily rates quoted 0 5 6
Median daily rate - £613 £538
Median daily rate % change year-on-year
- +13.90%
UK excluding London median daily rate £450 £550 £513
% change year-on-year
-18.18% +7.21%
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
305 335 410
As % of all contract IT jobs located in the South West 10.00% 10.47% 13.45%
Number of daily rates quoted 208 230 274
Median daily rate £381 £400 £438
Median daily rate % change year-on-year
-4.75% -8.57%
90% offered a daily rate of more than £226 £225 £300
10% offered a daily rate of more than £600 £525 £540
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 10 16 32
Median hourly rate £35.05 £21.50 £22.50
Median hourly rate % change year-on-year
+63.02% -4.44%
90% offered a hourly rate of more than £20.50 £13.00 £14.25
10% offered a hourly rate of more than £54.00 £100.00 £43.00
UK excluding London median hourly rate £28.00 £22.50 £21.00
% change year-on-year
+24.44% +7.14%

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