The table below looks at the statistics for knowledge and experience of Cognizant products and/or services in IT contracts advertised for the Tyne and Wear region. Included is a guide to the contractor rates offered in IT contracts that have cited Cognizant over the 3 months to 2 May 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Cognizant Technology Solutions.

3 months to
2 May 2016
Same period 2015 Same period 2014
Cognizant
Rank - - -
Contract jobs citing Cognizant 0 0 0
As % of all contract IT jobs located in Tyne and Wear - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £413 £275 £358
% change year-on-year
+50.00% -23.07%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Cognizant
North East

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

Vendors Category
Tyne and Wear
Contract IT job ads with a match in the
Vendors category
540 254 296
As % of all contract IT jobs located in Tyne and Wear 55.56% 42.76% 53.62%
Number of daily rates quoted 349 149 209
Median daily rate £288 £300 £265
Median daily rate % change year-on-year
-4.00% +13.20%
90% offered a daily rate of more than £233 £248 £200
10% offered a daily rate of more than £500 £495 £450
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 25 26 6
Median hourly rate £28.00 £12.36 £11.36
Median hourly rate % change year-on-year
+126.62% +8.80%
90% offered a hourly rate of more than £14.60 £9.50 £10.40
10% offered a hourly rate of more than £35.80 £25.25 £20.00
UK excluding London median hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%