The table below looks at the prevalence of the term Derivative in IT contracts advertised for the Staffordshire region. Included is a guide to the contractor rates offered in IT contracts that have cited Derivative over the 3 months to 27 May 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 May 2016
Same period 2015 Same period 2014
Derivatives
Rank - - -
Contract jobs citing Derivative 0 0 0
As % of all contract IT jobs located in Staffordshire - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £335 £425 £393
% change year-on-year
-21.17% +8.28%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £42.00
Derivative
West Midlands

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Staffordshire region.

Miscellaneous Category
Staffordshire
Contract IT job ads with a match in the
Miscellaneous category
43 62 57
As % of all contract IT jobs located in Staffordshire 26.38% 33.33% 37.25%
Number of daily rates quoted 17 38 28
Median daily rate £325 £400 £330
Median daily rate % change year-on-year
-18.75% +21.21%
90% offered a daily rate of more than £180 £295 £176
10% offered a daily rate of more than £401 £500 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 4 11 7
Median hourly rate £13.50 £16.00 £12.75
Median hourly rate % change year-on-year
-15.62% +25.49%
90% offered a hourly rate of more than £10.65 £10.00 £11.40
10% offered a hourly rate of more than £14.18 £41.75 £14.35
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

Derivative
Jobs Demand Trend in Staffordshire

The demand trend of contract jobs across the Staffordshire region citing Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Derivative Jobs Demand Trend in Staffordshire

Derivative
Daily Rate Trend in Staffordshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Derivative across the Staffordshire region.

Derivative Daily Rate Trend in Staffordshire