The table below looks at the statistics for FINREP 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 FINREP over the 3 months to 29 May 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 May 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank - 128 138
Contract jobs citing FINREP 0 9 8
As % of all contract IT jobs located in the South West - 0.29% 0.27%
As % of the Quality Assurance & Compliance category - 2.86% 2.21%
Number of daily rates quoted 0 9 8
Median daily rate - £600 £513
Median daily rate % change year-on-year
- +16.95%
UK excluding London median daily rate £413 £550 £477
% change year-on-year
-25.00% +15.24%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FINREP
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
305 315 362
As % of all contract IT jobs located in the South West 10.38% 10.06% 12.08%
Number of daily rates quoted 182 209 233
Median daily rate £400 £400 £396
Median daily rate % change year-on-year
- +1.01%
90% offered a daily rate of more than £275 £220 £275
10% offered a daily rate of more than £600 £600 £550
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 27 15 33
Median hourly rate £42.50 £42.50 £27.50
Median hourly rate % change year-on-year
- +54.54%
90% offered a hourly rate of more than £29.70 £16.87 £15.00
10% offered a hourly rate of more than £51.30 £45.00 £41.75
UK excluding London median hourly rate £28.25 £24.00 £21.00
% change year-on-year
+17.70% +14.28%

FINREP
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing FINREP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

FINREP Jobs Demand Trend in the South West

FINREP
Daily Rate Trend in the South West

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

FINREP Daily Rate Trend in the South West