Watford Wholesale Banking Contracts

The first part of the table below looks at the prevalence of the term Wholesale Banking in IT contracts advertised for the Watford region. Included is a guide to the average contractor rates offered in IT contracts that have cited Wholesale Banking over the 3 months to 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category for the Watford region.

Wholesale Banking
Location City of London Docklands, London England London UK Watford	3 months to 19 Mar 2010	Same period 2009	Same period 2008
Rank	-	-	-
Matching contract IT job ads	0	0	0
As % of all contract IT jobs located in Watford	-	-	-
As % of the General category	-	-	-
Daily rates quoted	0	0	0
Average daily rate	-	-	-
UK excluding London average daily rate	-	-	-
Hourly rates quoted	0	0	0
Average hourly rate	-	-	-
UK excluding London average hourly rate	-	-	-
All General Category Watford
Contract IT job ads with a match in the General category	39	23	65
As % of all contract IT jobs located in Watford	40.21 %	40.35 %	28.63 %
Daily rates quoted	14	8	25
Average daily rate	£275	£350	£356
Average daily rate % change year-on-year	-21.42 % -1.750 %
90% of contracts offered a daily rate of more than	£165	£350	£180
10% of contracts offered a daily rate of more than	£330	£355	£550
UK excluding London average daily rate	£350	£375	£400
% change year-on-year	-6.660 % -6.250 %
Hourly rates quoted	3	2	5
Average hourly rate	£14.50	£21.00	£13.00
Average hourly rate % change year-on-year	-30.95 % +61.53 %
UK excluding London average hourly rate	£24.00	£26.75	£27.00
% change year-on-year	-10.28 % -0.920 %
Wholesale Banking Hertfordshire

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.