The table below looks at the statistics for Black-Scholes skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Black-Scholes over the 3 months to 29 September 2016 with a comparison to the same period over 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.

3 months to
29 Sep 2016
Same period 2015 Same period 2014
Black-Scholes
Rank - 662 638
Contract jobs citing Black-Scholes 0 1 1
As % of all contract IT jobs located in the UK - 0.002% 0.002%
As % of the Processes & Methodologies category - 0.002% 0.002%
Number of daily rates quoted 0 1 1
Median daily rate - £475 £600
Median daily rate % change year-on-year
- -20.83%
UK excluding London median daily rate - £475 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
44351 47009 44831
As % of all contract IT jobs located in the UK 83.10% 81.05% 77.18%
Number of daily rates quoted 29387 30697 28094
Median daily rate £438 £425 £410
Median daily rate % change year-on-year
+2.94% +3.65%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £590 £583 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 1162 1306 1225
Median hourly rate £31.75 £32.50 £24.00
Median hourly rate % change year-on-year
-2.30% +35.41%
90% offered a hourly rate of more than £12.58 £12.50 £12.51
10% offered a hourly rate of more than £50.00 £50.00 £53.50
UK excluding London median hourly rate £32.66 £34.00 £26.00
% change year-on-year
-3.95% +30.76%

Black-Scholes
Jobs Demand Trend

The demand trend of contract jobs citing Black-Scholes as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Black-Scholes Jobs Demand Trend in the UK

Black-Scholes
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Black-Scholes within the UK.

Black-Scholes Daily Rate Trend in the UK