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 23 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
23 Jul 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank - 143 136
Contract jobs citing FINREP 0 6 7
As % of all contract IT jobs located in the South West - 0.19% 0.24%
As % of the Quality Assurance & Compliance category - 1.75% 1.82%
Number of daily rates quoted 0 6 7
Median daily rate - £613 £526
Median daily rate % change year-on-year
- +16.55%
UK excluding London median daily rate £420 £575 £513
% change year-on-year
-26.95% +12.08%
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
303 342 384
As % of all contract IT jobs located in the South West 9.95% 10.67% 13.18%
Number of daily rates quoted 200 231 264
Median daily rate £380 £400 £438
Median daily rate % change year-on-year
-5.12% -8.57%
90% offered a daily rate of more than £226 £222 £300
10% offered a daily rate of more than £600 £526 £526
UK excluding London median daily rate £400 £395 £375
% change year-on-year
+1.26% +5.33%
Number of hourly rates quoted 12 14 29
Median hourly rate £36.50 £21.50 £22.50
Median hourly rate % change year-on-year
+69.76% -4.44%
90% offered a hourly rate of more than £25.30 £13.00 £15.00
10% offered a hourly rate of more than £54.00 £100.00 £42.70
UK excluding London median hourly rate £28.00 £22.00 £20.13
% change year-on-year
+27.27% +9.31%

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