The first table below looks at the prevalence of the term VWAP in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited VWAP over the 3 months to 23 May 2013 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
23 May 2013
Same period 2012 Same period 2011
Volume-Weighted Average Price (VWAP)
Rank - - 581
Contract jobs citing VWAP 0 0 5
As % of all contract IT jobs located in the UK - - 0.008%
As % of the Miscellaneous category - - 0.029%
Number of daily rates quoted 0 0 3
Average daily rate - - £700
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
12277 14313 17463
As % of all contract IT jobs located in the UK 26.50% 24.52% 28.14%
Number of daily rates quoted 7372 8397 10373
Average daily rate £425 £425 £525
Average daily rate % change year-on-year
- -19.04%
90% offered a daily rate of more than £248 £250 £275
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 533 663 738
Average hourly rate £22.50 £22.50 £23.36
Average hourly rate % change year-on-year
- -3.68%
90% offered a hourly rate of more than £12.50 £12.50 £11.25
10% offered a hourly rate of more than £44.25 £45.00 £42.00
UK excluding London average hourly rate £22.50 £23.00 £26.50
% change year-on-year
-2.17% -13.20%

VWAP
Jobs Demand Trend

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

VWAP Jobs Demand Trend

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