The table below looks at the prevalence of the term Exotic Derivative in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Exotic Derivative over the 3 months to 28 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
28 Jul 2016
Same period 2015 Same period 2014
Exotic Derivatives
Rank - 645 616
Contract jobs citing Exotic Derivative 0 1 2
As % of all contract IT jobs located in the UK - 0.002% 0.004%
As % of the Miscellaneous category - 0.005% 0.011%
Number of daily rates quoted 0 1 2
Median daily rate - £313 £538
Median daily rate % change year-on-year
- -41.86%
UK excluding London median daily rate - - -
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 Miscellaneous category in contract jobs advertised across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
18114 18488 17728
As % of all contract IT jobs located in the UK 33.54% 32.39% 32.37%
Number of daily rates quoted 11702 11634 10717
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £610 £600
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 641 741 710
Median hourly rate £20.83 £18.75 £20.00
Median hourly rate % change year-on-year
+11.09% -6.25%
90% offered a hourly rate of more than £12.00 £12.16 £12.50
10% offered a hourly rate of more than £46.00 £47.50 £45.00
UK excluding London median hourly rate £21.50 £18.50 £20.50
% change year-on-year
+16.21% -9.75%

Exotic Derivative
Jobs Demand Trend

The demand trend of contract jobs citing Exotic Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Exotic Derivative Jobs Demand Trend in the UK

Exotic Derivative
Daily Rate Trend

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

Exotic Derivative Daily Rate Trend in the UK

Exotic Derivative
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Exotic Derivative within the UK.

Exotic Derivative Hourly Rate Trend in the UK