The table below looks at the statistics for Quantitative Risk Management 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 Quantitative Risk Management over the 3 months to 27 February 2017 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
27 Feb 2017
Same period 2016 Same period 2015
Quantitative Risk Management (QRM)
England / South West
Rank - - 142
Contract jobs citing Quantitative Risk Management 0 0 6
As % of all contract IT jobs located in the South West - - 0.19%
As % of the Processes & Methodologies category - - 0.24%
Number of daily rates quoted 0 0 6
Median daily rate - - £531
UK excluding London median daily rate - - £531
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Processes & Methodologies Category
South West
Contract IT job ads with a match in the
Processes & Methodologies category
2224 2379 2508
As % of all contract IT jobs located in the South West 82.31% 81.00% 78.30%
Number of daily rates quoted 1467 1619 1637
Median daily rate £400 £380 £400
Median daily rate % change year-on-year
+5.26% -5.00%
90% offered a daily rate of more than £265 £275 £288
10% offered a daily rate of more than £525 £500 £550
UK excluding London median daily rate £408 £400 £399
% change year-on-year
+1.87% +0.29%
Number of hourly rates quoted 129 120 86
Median hourly rate £37.50 £42.50 £36.40
Median hourly rate % change year-on-year
-11.76% +16.75%
90% offered a hourly rate of more than £15.50 £17.00 £15.65
10% offered a hourly rate of more than £45.00 £57.00 £47.00
UK excluding London median hourly rate £36.00 £40.00 £29.00
% change year-on-year
-10.00% +37.93%

Quantitative Risk Management
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West region citing Quantitative Risk Management as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Quantitative Risk Management Jobs Demand Trend in the South West

Quantitative Risk Management
Daily Rate Trend in the South West

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

Quantitative Risk Management Daily Rate Trend in the South West