The table below looks at the statistics for IAS 39 skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited IAS 39 over the 3 months to 1 July 2015 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.

Location
3 months to
1 Jul 2015
Same period 2014 Same period 2013
IAS 39 Financial Instruments: Recognition and Measurement
Rank - 601 -
Contract jobs citing IAS 39 0 2 0
As % of all contract IT jobs located in the UK - 0.004% -
As % of the Quality Assurance & Compliance category - 0.047% -
Number of daily rates quoted 0 2 0
Average daily rate
Keep up to 90%
of your Daily Rate
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- £410 -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

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

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4377 4284 3736
As % of all contract IT jobs located in the UK 7.82% 7.96% 7.58%
Number of daily rates quoted 2766 2656 2265
Average daily rate £420 £400 £425
Average daily rate % change year-on-year
+5.00% -5.88%
90% offered a daily rate of more than £250 £240 £275
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 165 190 136
Average hourly rate £21.07 £20.50 £19.00
Average hourly rate % change year-on-year
+2.79% +7.89%
90% offered a hourly rate of more than £12.18 £12.50 £9.82
10% offered a hourly rate of more than £51.17 £42.50 £45.00
UK excluding London average hourly rate £21.07 £20.21 £19.00
% change year-on-year
+4.29% +6.34%

IAS 39
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing IAS 39 within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

IAS 39 Jobs Demand Trend in the UK

IAS 39
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing IAS 39 within the UK.

IAS 39 Daily Rate Trend in the UK