The table below looks at the prevalence of the term Chip and PIN in IT contracts advertised for the Surrey region. Included is a guide to the average contractor rates offered in IT contracts that have cited Chip and PIN over the 3 months to 14 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
14 Feb 2016
Same period 2015 Same period 2014
Chip and PIN
Rank - - -
Contract jobs citing Chip and PIN 0 0 0
As % of all contract IT jobs located in Surrey - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £225 £375 -
% change year-on-year
-40.00% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £28.50 £15.00
% change year-on-year
- +90.00%
Chip and PIN
South East

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

Miscellaneous Category
Surrey
Contract IT job ads with a match in the
Miscellaneous category
461 431 376
As % of all contract IT jobs located in Surrey 38.32% 30.81% 29.54%
Number of daily rates quoted 267 219 197
Average daily rate £425 £375 £350
Average daily rate % change year-on-year
+13.33% +7.14%
90% offered a daily rate of more than £275 £230 £202
10% offered a daily rate of more than £550 £506 £500
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 60 18 24
Average hourly rate £46.00 £18.36 £18.50
Average hourly rate % change year-on-year
+150.61% -0.78%
90% offered a hourly rate of more than £12.20 £15.90 £11.25
10% offered a hourly rate of more than £60.62 £55.00 £46.00
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Chip and PIN
Jobs Demand Trend in Surrey

This chart provides a 3-month moving total of IT contractor jobs citing Chip and PIN across the Surrey region as a proportion of the total demand within the Miscellaneous category.

Chip and PIN Jobs Demand Trend in Surrey

Chip and PIN
Daily Rate Trend in Surrey

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Chip and PIN across the Surrey region.

Chip and PIN Daily Rate Trend in Surrey