The table below looks at the statistics for knowledge and experience of IT2 products and/or services in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited IT2 over the 3 months to 30 August 2016 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within IT2 Treasury Solutions Ltd.

3 months to
30 Aug 2016
Same period 2015 Same period 2014
IT2
Rank 646 - 640
Rank change year-on-year
- 0
Contract jobs citing IT2 1 0 4
As % of all contract IT jobs located in the UK 0.002% - 0.007%
As % of the Vendors category 0.004% - 0.016%
Number of daily rates quoted 0 0 2
Median daily rate - - £410
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
24375 25365 25559
As % of all contract IT jobs located in the UK 45.09% 44.10% 45.93%
Number of daily rates quoted 14876 14965 14249
Median daily rate £409 £400 £380
Median daily rate % change year-on-year
+2.25% +5.26%
90% offered a daily rate of more than £250 £234 £215
10% offered a daily rate of more than £550 £550 £550
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 836 1088 1089
Median hourly rate £19.50 £18.52 £18.44
Median hourly rate % change year-on-year
+5.29% +0.43%
90% offered a hourly rate of more than £11.00 £11.50 £11.00
10% offered a hourly rate of more than £45.00 £43.00 £38.45
UK excluding London median hourly rate £20.00 £18.72 £17.50
% change year-on-year
+6.86% +6.94%

IT2
Jobs Demand Trend

The demand trend of contract jobs citing IT2 as a proportion of all IT contracts with a match in the Vendors category.

IT2 Jobs Demand Trend in the UK

IT2
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing IT2 within the UK.

IT2 Daily Rate Trend in the UK

IT2
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing IT2 within the UK.

IT2 Hourly Rate Trend in the UK

IT2
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IT2 within the UK over the 3 months to 30 August 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London - 1 - -
England - 1 - -

IT2
Top 3 Related IT Skills

For the 6 months to 30 August 2016, IT contractor jobs citing IT2 also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for IT2.

1 1 (100.00%) GAP Analysis
1 1 (100.00%) Wall Street Systems
1 1 (100.00%) Cash Management

IT2
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Business Systems Analyst
1 1 (100.00%) Treasury Business Analyst
Processes & Methodologies
1 1 (100.00%) Cash Management
1 1 (100.00%) GAP Analysis
Vendors
1 1 (100.00%) Wall Street Systems