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 August 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
27 Aug 2016
Same period 2015 Same period 2014
Quantitative Risk Management (QRM)
Rank - 146 138
Contract jobs citing Quantitative Risk Management 0 2 9
As % of all contract IT jobs located in the South West - 0.060% 0.28%
As % of the Processes & Methodologies category - 0.076% 0.37%
Number of daily rates quoted 0 2 8
Median daily rate - £586 £456
Median daily rate % change year-on-year
- +28.49%
UK excluding London median daily rate - £586 £438
% change year-on-year
- +34.00%
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
2217 2616 2427
As % of all contract IT jobs located in the South West 77.95% 78.14% 76.01%
Number of daily rates quoted 1496 1747 1605
Median daily rate £400 £400 £388
Median daily rate % change year-on-year
- +3.22%
90% offered a daily rate of more than £280 £275 £275
10% offered a daily rate of more than £550 £513 £520
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 115 135 87
Median hourly rate £33.00 £39.25 £34.50
Median hourly rate % change year-on-year
-15.92% +13.76%
90% offered a hourly rate of more than £20.00 £25.50 £15.98
10% offered a hourly rate of more than £48.00 £55.00 £42.50
UK excluding London median hourly rate £30.00 £33.00 £26.00
% change year-on-year
-9.09% +26.92%

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