The table below looks at the statistics for Benchmarking skills in IT contracts advertised for the Tyne and Wear region. Included is a guide to the average contractor rates offered in IT contracts that have cited Benchmarking over the 3 months to 27 August 2014 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
27 Aug 2014
Same period 2013 Same period 2012
Benchmarking
Rank - - 24
Contract jobs citing Benchmarking 0 0 17
As % of all contract IT jobs located in Tyne and Wear - - 4.52%
As % of the Processes & Methodologies category - - 6.67%
Number of daily rates quoted 0 0 9
Average daily rate
Keep up to 90%
of your Daily Rate
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- - £275
UK excluding London average daily rate £228 £450 £230
% change year-on-year
-49.44% +95.65%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £29.35 - £35.00
Benchmarking
North East

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Tyne and Wear region.

Processes & Methodologies Category
Tyne and Wear
Contract IT job ads with a match in the
Processes & Methodologies category
329 146 255
As % of all contract IT jobs located in Tyne and Wear 77.59% 70.53% 67.82%
Number of daily rates quoted 227 72 113
Average daily rate £375 £350 £350
Average daily rate % change year-on-year
+7.14% -
90% offered a daily rate of more than £256 £234 £225
10% offered a daily rate of more than £500 £750 £535
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 16 8 13
Average hourly rate £18.53 £17.00 £21.50
Average hourly rate % change year-on-year
+9.00% -20.93%
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

Benchmarking
Jobs Demand Trend in Tyne and Wear

This chart provides a 3-month moving total of IT contractor jobs citing Benchmarking across the Tyne and Wear region as a proportion of the total demand within the Processes & Methodologies category.

Benchmarking Jobs Demand Trend in Tyne and Wear

Benchmarking
Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Benchmarking across the Tyne and Wear region.

Benchmarking Daily Rate Trend in Tyne and Wear