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 22 May 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
22 May 2015
Same period 2014 Same period 2013
IAS 39 Financial Instruments: Recognition and Measurement
Rank - - 548
Contract jobs citing IAS 39 0 0 1
As % of all contract IT jobs located in the UK - - 0.002%
As % of the Quality Assurance & Compliance category - - 0.028%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
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
4307 4200 3570
As % of all contract IT jobs located in the UK 7.95% 7.98% 7.57%
Number of daily rates quoted 2677 2562 2186
Average daily rate £403 £400 £425
Average daily rate % change year-on-year
+0.62% -5.88%
90% offered a daily rate of more than £260 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 142 202 112
Average hourly rate £20.09 £21.00 £19.00
Average hourly rate % change year-on-year
-4.32% +10.52%
90% offered a hourly rate of more than £11.82 £11.00 £11.00
10% offered a hourly rate of more than £42.50 £45.00 £110.00
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

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