The table below looks at the statistics for knowledge and experience of Q1 Labs products and/or services in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Q1 Labs over the 3 months to 17 September 2014 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 Q1 Labs.

Location
3 months to
17 Sep 2014
Same period 2013 Same period 2012
Q1 Labs
Rank - 575 593
Contract jobs citing Q1 Labs 0 7 3
As % of all contract IT jobs located in the UK - 0.013% 0.005%
As % of the Vendors category - 0.028% 0.011%
Number of daily rates quoted 0 5 3
Average daily rate
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- £500 £450
Average daily rate % change year-on-year
- +11.11%
UK excluding London average daily rate - £525 -
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 Vendors category in contract jobs advertised across the UK.

Vendors Category
UK
Contract IT job ads with a match in the
Vendors category
26028 24657 27297
As % of all contract IT jobs located in the UK 45.93% 46.75% 46.62%
Number of daily rates quoted 14753 13799 13866
Average daily rate £388 £385 £375
Average daily rate % change year-on-year
+0.64% +2.66%
90% offered a daily rate of more than £225 £225 £225
10% offered a daily rate of more than £550 £550 £550
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 1155 1109 1354
Average hourly rate £18.98 £19.00 £18.75
Average hourly rate % change year-on-year
-0.09% +1.33%
90% offered a hourly rate of more than £11.00 £11.00 £12.00
10% offered a hourly rate of more than £40.00 £40.00 £40.00
UK excluding London average hourly rate £18.00 £19.00 £18.50
% change year-on-year
-5.26% +2.70%

Q1 Labs
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Q1 Labs within the UK as a proportion of the total demand within the Vendors category.

Q1 Labs Jobs Demand Trend in the UK

Q1 Labs
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Q1 Labs within the UK.

Q1 Labs Daily Rate Trend in the UK

Q1 Labs
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Q1 Labs within the UK over the 3 months to 17 September 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London - - - - 1
City of London - - - -
England - - - - 1
London
2Source Talent
Rate: From £500 to £550 per day
Posted: 4 days ago