The table below looks at the prevalence of the term VWAP in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited VWAP over the 3 months to 24 June 2016 with a comparison to the same period over 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.

3 months to
24 Jun 2016
Same period 2015 Same period 2014
Volume-Weighted Average Price (VWAP)
Rank - 639 620
Contract jobs citing VWAP 0 1 3
As % of all contract IT jobs located in the UK - 0.002% 0.006%
As % of the Miscellaneous category - 0.006% 0.017%
Number of daily rates quoted 0 1 3
Median daily rate - £650 £650
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 Miscellaneous category in contract jobs advertised across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
17935 17894 17618
As % of all contract IT jobs located in the UK 33.36% 31.90% 32.49%
Number of daily rates quoted 11603 11087 10853
Median daily rate £425 £418 £400
Median daily rate % change year-on-year
+1.79% +4.37%
90% offered a daily rate of more than £255 £250 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 624 699 712
Median hourly rate £21.50 £18.61 £20.50
Median hourly rate % change year-on-year
+15.56% -9.24%
90% offered a hourly rate of more than £12.49 £12.25 £12.50
10% offered a hourly rate of more than £47.39 £45.00 £42.50
UK excluding London median hourly rate £22.00 £18.00 £21.00
% change year-on-year
+22.22% -14.28%

VWAP
Jobs Demand Trend

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

VWAP Jobs Demand Trend in the UK

VWAP
Daily Rate Trend

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

VWAP Daily Rate Trend in the UK

VWAP
Top 6 Related IT Skills

For the 6 months to 24 June 2016, IT contractor jobs citing VWAP 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 VWAP.

1 1 (100.00%) Fidessa
1 1 (100.00%) Front Office
1 1 (100.00%) Equities
1 1 (100.00%) JIRA
1 1 (100.00%) FIX Protocol
1 1 (100.00%) QA

VWAP
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:

Development Applications
1 1 (100.00%) JIRA
General
1 1 (100.00%) Front Office
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Automation Analyst
1 1 (100.00%) Fidessa Analyst
1 1 (100.00%) QA Analyst
1 1 (100.00%) QA Automation Analyst
Libraries, Frameworks & Software Standards
1 1 (100.00%) FIX Protocol
Miscellaneous
1 1 (100.00%) Equities
Quality Assurance & Compliance
1 1 (100.00%) QA
Vendors
1 1 (100.00%) Fidessa