The first table below looks at the prevalence of the term TWAP in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited TWAP over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category.

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
18 Apr 2014
Same period 2013 Same period 2012
Time-Weighted Average Price (TWAP)
Rank - - -
Contract jobs citing TWAP 0 0 0
As % of all contract IT jobs located in the UK - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14311 12220 14892
As % of all contract IT jobs located in the UK 25.42% 25.61% 24.56%
Number of daily rates quoted 8841 7349 8662
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £225 £240 £250
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 568 621 771
Average hourly rate £20.00 £21.50 £25.00
Average hourly rate % change year-on-year
-6.97% -14.00%
90% offered a hourly rate of more than £11.50 £12.00 £12.00
10% offered a hourly rate of more than £41.00 £42.50 £45.00
UK excluding London average hourly rate £17.50 £21.00 £25.00
% change year-on-year
-16.66% -16.00%

TWAP
Jobs Demand Trend

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

TWAP Jobs Demand Trend in the UK

TWAP
Daily Rate Trend

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

TWAP Daily Rate Trend in the UK

TWAP
Top 14 Related IT Skills

For the 6 months to 18 April 2014, IT contractor jobs within the UK citing TWAP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited TWAP.

1 4 (100.00%) Java
1 4 (100.00%) UML
1 4 (100.00%) OO
1 4 (100.00%) J2SE
1 4 (100.00%) Eclipse
1 4 (100.00%) Front Office
1 4 (100.00%) Equities
1 4 (100.00%) TDD
1 4 (100.00%) Subversion
1 4 (100.00%) Maven
1 4 (100.00%) VWAP
1 4 (100.00%) Algorithmic Trading
1 4 (100.00%) Multithreading
1 4 (100.00%) Low Latency

TWAP
Top Related IT Skills by Category

For the 6 months to 18 April 2014, IT contractor jobs within the UK citing TWAP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited TWAP. Up to 20 skills are shown per category.

Development Applications
1 4 (100.00%) Eclipse
1 4 (100.00%) Subversion
1 4 (100.00%) Maven
General
1 4 (100.00%) Front Office
Job Titles
1 4 (100.00%) Developer
1 4 (100.00%) Java Developer
Libraries, Frameworks & Software Standards
1 4 (100.00%) J2SE
Miscellaneous
1 4 (100.00%) Equities
1 4 (100.00%) VWAP
Processes & Methodologies
1 4 (100.00%) UML
1 4 (100.00%) OO
1 4 (100.00%) TDD
1 4 (100.00%) Algorithmic Trading
1 4 (100.00%) Multithreading
1 4 (100.00%) Low Latency
Programming Languages
1 4 (100.00%) Java