The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Suffolk region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 5 February 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.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Solvency II
Rank - 27 -
Contract jobs citing Solvency II 0 2 0
As % of all contract IT jobs located in Suffolk - 1.06% -
As % of the Quality Assurance & Compliance category - 14.29% -
Number of daily rates quoted 0 2 0
Average daily rate - £250 -
UK excluding London average daily rate £500 £488 £475
% change year-on-year
+2.56% +2.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
East of England

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Suffolk region.

Quality Assurance & Compliance Category
Suffolk
Contract IT job ads with a match in the
Quality Assurance & Compliance category
13 14 8
As % of all contract IT jobs located in Suffolk 8.97% 7.45% 5.41%
Number of daily rates quoted 6 9 2
Average daily rate £450 £468 £438
Average daily rate % change year-on-year
-3.74% +6.79%
90% offered a daily rate of more than £375 £250 £428
10% offered a daily rate of more than £475 £475 £448
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 0 0 4
Average hourly rate - - £36.00
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

Solvency II
Jobs Demand Trend in Suffolk

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Suffolk region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Suffolk

Solvency II
Daily Rate Trend in Suffolk

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

Solvency II Daily Rate Trend in Suffolk