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 average contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 24 April 2015 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
24 Apr 2015
Same period 2014 Same period 2013
Contract for Difference (CFD)
Rank - - -
Contract jobs citing Contract for Difference 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
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of your Daily Rate
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- - -
UK excluding London average daily rate - - £550
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
394 364 346
As % of all contract IT jobs located in Surrey 28.78% 24.95% 26.91%
Number of daily rates quoted 185 187 147
Average daily rate £380 £335 £350
Average daily rate % change year-on-year
+13.34% -4.21%
90% offered a daily rate of more than £240 £175 £196
10% offered a daily rate of more than £550 £488 £535
UK excluding London average daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 14 33 41
Average hourly rate £33.60 £22.50 £35.00
Average hourly rate % change year-on-year
+49.33% -35.71%
90% offered a hourly rate of more than £15.75 £14.76 £16.50
10% offered a hourly rate of more than £51.25 £51.00 £39.30
UK excluding London average hourly rate £19.00 £21.50 £21.25
% change year-on-year
-11.62% +1.17%

Contract for Difference
Jobs Demand Trend in Surrey

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

Contract for Difference Jobs Demand Trend in Surrey