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 30 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
30 Jul 2016
Same period 2015 Same period 2014
Quantitative Risk Management (QRM)
Rank - 146 143
Contract jobs citing Quantitative Risk Management 0 4 5
As % of all contract IT jobs located in the South West - 0.12% 0.16%
As % of the Processes & Methodologies category - 0.16% 0.21%
Number of daily rates quoted 0 4 4
Median daily rate - £423 £456
Median daily rate % change year-on-year
- -7.39%
UK excluding London median daily rate - £423 £456
% change year-on-year
- -7.39%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Quantitative Risk Management
England

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
2385 2486 2357
As % of all contract IT jobs located in the South West 78.20% 77.52% 77.05%
Number of daily rates quoted 1599 1660 1579
Median daily rate £390 £390 £375
Median daily rate % change year-on-year
- +4.00%
90% offered a daily rate of more than £280 £275 £275
10% offered a daily rate of more than £575 £500 £500
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 95 114 106
Median hourly rate £35.00 £39.25 £33.84
Median hourly rate % change year-on-year
-10.82% +15.98%
90% offered a hourly rate of more than £14.75 £18.89 £15.00
10% offered a hourly rate of more than £46.00 £55.00 £42.50
UK excluding London median hourly rate £30.00 £30.50 £26.50
% change year-on-year
-1.63% +15.09%

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