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 average contractor rates offered in IT contracts that have cited Quantitative Risk Management over the 3 months to 29 April 2016 with a comparison to the same period in 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
29 Apr 2016
Same period 2015 Same period 2014
Quantitative Risk Management (QRM)
Rank - 129 147
Contract jobs citing Quantitative Risk Management 0 8 2
As % of all contract IT jobs located in the South West - 0.26% 0.063%
As % of the Processes & Methodologies category - 0.33% 0.079%
Number of daily rates quoted 0 8 2
Average daily rate - £461 £481
Average daily rate % change year-on-year
- -4.15%
UK excluding London average daily rate - £461 £450
% change year-on-year
- +2.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
2289 2414 2524
As % of all contract IT jobs located in the South West 78.12% 78.02% 78.92%
Number of daily rates quoted 1493 1561 1571
Average daily rate £388 £400 £368
Average daily rate % change year-on-year
-3.12% +8.84%
90% offered a daily rate of more than £275 £289 £265
10% offered a daily rate of more than £535 £550 £500
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 139 98 109
Average hourly rate £42.25 £36.50 £33.00
Average hourly rate % change year-on-year
+15.75% +10.60%
90% offered a hourly rate of more than £25.00 £14.88 £12.50
10% offered a hourly rate of more than £47.50 £47.00 £42.50
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

Quantitative Risk Management
Jobs Demand Trend in the South West

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Risk Management across the South West region as a proportion of the total demand within 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