The table below looks at the prevalence of the term Contract for Difference in IT contracts advertised for the Surrey region. Included is a guide to the contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 10 December 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
10 Dec 2016
Same period 2015 Same period 2014
Contract for Difference (CFD)
Rank - - 98
Contract jobs citing Contract for Difference 0 0 2
As % of all contract IT jobs located in Surrey - - 0.13%
As % of the Miscellaneous category - - 0.37%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Contract for Difference
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
296 462 536
As % of all contract IT jobs located in Surrey 28.41% 33.87% 34.58%
Number of daily rates quoted 160 275 282
Median daily rate £400 £400 £406
Median daily rate % change year-on-year
- -1.53%
90% offered a daily rate of more than £175 £275 £253
10% offered a daily rate of more than £550 £525 £520
UK excluding London median daily rate £383 £385 £363
% change year-on-year
-0.64% +6.20%
Number of hourly rates quoted 32 24 30
Median hourly rate £18.50 £17.00 £21.00
Median hourly rate % change year-on-year
+8.82% -19.04%
90% offered a hourly rate of more than £14.44 £11.50 £14.00
10% offered a hourly rate of more than £28.60 £38.50 £59.00
UK excluding London median hourly rate £18.94 £19.50 £17.00
% change year-on-year
-2.87% +14.70%

Contract for Difference
Jobs Demand Trend in Surrey

The demand trend of contract jobs across the Surrey region citing Contract for Difference as a proportion of all IT contracts with a match in the Miscellaneous category.

Contract for Difference Jobs Demand Trend in Surrey