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 16 January 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
16 Jan 2017
Same period 2016 Same period 2015
Quantitative Risk Management (QRM)
England / South West
Rank - - 136
Contract jobs citing Quantitative Risk Management 0 0 2
As % of all contract IT jobs located in the South West - - 0.065%
As % of the Processes & Methodologies category - - 0.086%
Number of daily rates quoted 0 0 2
Median daily rate - - £650
UK excluding London median daily rate - £625 £650
% change year-on-year
- -3.84%
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
2064 2418 2331
As % of all contract IT jobs located in the South West 79.94% 82.19% 75.66%
Number of daily rates quoted 1381 1707 1569
Median daily rate £400 £375 £400
Median daily rate % change year-on-year
+6.66% -6.25%
90% offered a daily rate of more than £275 £285 £300
10% offered a daily rate of more than £550 £500 £550
UK excluding London median daily rate £410 £400 £390
% change year-on-year
+2.50% +2.56%
Number of hourly rates quoted 126 113 111
Median hourly rate £37.50 £41.80 £35.00
Median hourly rate % change year-on-year
-10.28% +19.42%
90% offered a hourly rate of more than £14.30 £20.63 £17.50
10% offered a hourly rate of more than £45.00 £50.00 £46.50
UK excluding London median hourly rate £35.00 £39.00 £26.00
% change year-on-year
-10.25% +50.00%

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