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 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Quantitative Risk Management (QRM)
Rank - 151 135
Contract jobs citing Quantitative Risk Management 0 1 11
As % of all contract IT jobs located in the South West - 0.030% 0.33%
As % of the Processes & Methodologies category - 0.039% 0.43%
Number of daily rates quoted 0 1 10
Median daily rate - £750 £481
Median daily rate % change year-on-year
- +55.84%
UK excluding London median daily rate - £750 £475
% change year-on-year
- +57.89%
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
2199 2537 2578
As % of all contract IT jobs located in the South West 78.51% 76.48% 76.77%
Number of daily rates quoted 1466 1679 1714
Median daily rate £375 £400 £388
Median daily rate % change year-on-year
-6.25% +3.22%
90% offered a daily rate of more than £265 £275 £275
10% offered a daily rate of more than £525 £515 £525
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 147 142 86
Median hourly rate £38.00 £39.25 £32.50
Median hourly rate % change year-on-year
-3.18% +20.76%
90% offered a hourly rate of more than £18.50 £27.50 £14.70
10% offered a hourly rate of more than £48.00 £47.50 £40.98
UK excluding London median hourly rate £32.66 £34.00 £26.00
% change year-on-year
-3.95% +30.76%

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