The table below looks at the statistics for knowledge and experience of TippingPoint products and/or services 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 TippingPoint over the 3 months to 10 February 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 TippingPoint Technologies, Inc.

Location
3 months to
10 Feb 2016
Same period 2015 Same period 2014
TippingPoint
Rank - 40 -
Contract jobs citing TippingPoint 0 3 0
As % of all contract IT jobs located in Tyne and Wear - 0.76% -
As % of the Vendors category - 1.49% -
Number of daily rates quoted 0 1 0
Average daily rate - £451 -
UK excluding London average daily rate - £500 £508
% change year-on-year
- -1.47%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
TippingPoint
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
287 201 194
As % of all contract IT jobs located in Tyne and Wear 40.14% 51.15% 60.06%
Number of daily rates quoted 187 135 113
Average daily rate £400 £365 £245
Average daily rate % change year-on-year
+9.58% +48.97%
90% offered a daily rate of more than £238 £250 £196
10% offered a daily rate of more than £575 £475 £385
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 11 8 19
Average hourly rate £19.50 £14.00 £10.50
Average hourly rate % change year-on-year
+39.28% +33.33%
UK excluding London average hourly rate £21.50 £17.50 £16.50
% change year-on-year
+22.85% +6.06%

TippingPoint
Jobs Demand Trend in Tyne and Wear

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

TippingPoint Jobs Demand Trend in Tyne and Wear

TippingPoint
Daily Rate Trend in Tyne and Wear

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

TippingPoint Daily Rate Trend in Tyne and Wear