The table below looks at the prevalence of the term Market Risk in IT contracts advertised for the South West region. Included is a guide to the contractor rates offered in IT contracts that have cited Market Risk over the 3 months to 24 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
24 Jun 2016
Same period 2015 Same period 2014
Market Risk
Rank - - -
Contract jobs citing Market Risk 0 0 0
As % of all contract IT jobs located in the South West - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £500 £525 £544
% change year-on-year
-4.76% -3.40%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Market Risk
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the South West region.

Miscellaneous Category
South West
Contract IT job ads with a match in the
Miscellaneous category
795 788 757
As % of all contract IT jobs located in the South West 26.68% 25.40% 25.09%
Number of daily rates quoted 535 540 470
Median daily rate £375 £375 £350
Median daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £250 £225 £210
10% offered a daily rate of more than £599 £523 £500
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 37 58 48
Median hourly rate £29.00 £32.50 £23.75
Median hourly rate % change year-on-year
-10.76% +36.84%
90% offered a hourly rate of more than £12.00 £13.00 £13.00
10% offered a hourly rate of more than £42.50 £55.00 £42.50
UK excluding London median hourly rate £22.00 £18.00 £21.00
% change year-on-year
+22.22% -14.28%

Market Risk
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Market Risk as a proportion of all IT contracts with a match in the Miscellaneous category.

Market Risk Jobs Demand Trend in the South West

Market Risk
Daily Rate Trend in the South West

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

Market Risk Daily Rate Trend in the South West