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 24 October 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
24 Oct 2014
Same period 2013 Same period 2012
Benchmarking
Rank - - 26
Contract jobs citing Benchmarking 0 0 12
As % of all contract IT jobs located in Tyne and Wear - - 3.46%
As % of the Processes & Methodologies category - - 5.38%
Number of daily rates quoted 0 0 9
Average daily rate
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of your Daily Rate
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- - £250
UK excluding London average daily rate £230 £450 £253
% change year-on-year
-48.88% +78.21%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £37.80 £31.00 -
% change year-on-year
+21.93% -
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
515 142 223
As % of all contract IT jobs located in Tyne and Wear 82.40% 75.53% 64.27%
Number of daily rates quoted 362 71 100
Average daily rate £375 £350 £275
Average daily rate % change year-on-year
+7.14% +27.27%
90% offered a daily rate of more than £275 £201 £202
10% offered a daily rate of more than £500 £500 £500
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 22 6 13
Average hourly rate £21.80 £17.12 £14.50
Average hourly rate % change year-on-year
+27.37% +18.03%
90% offered a hourly rate of more than £13.00 £12.09 £11.99
10% offered a hourly rate of more than £30.00 £18.90 £21.20
UK excluding London average hourly rate £25.38 £29.00 £26.90
% change year-on-year
-12.50% +7.80%

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