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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Black-Scholes
Rank - 645 602
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
44747 45474 41772
As % of all contract IT jobs located in the UK 82.69% 79.85% 78.61%
Number of daily rates quoted 29561 29429 25946
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+6.06% +3.12%
90% offered a daily rate of more than £295 £282 £275
10% offered a daily rate of more than £600 £575 £563
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 1036 1183 1168
Median hourly rate £28.50 £28.50 £25.00
Median hourly rate % change year-on-year
- +14.00%
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £51.50 £52.17 £47.50
UK excluding London median hourly rate £28.63 £30.50 £26.98
% change year-on-year
-6.14% +13.06%

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