The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 23 February 2017 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
23 Feb 2017
Same period 2016 Same period 2015
Foreign Exchange (FX)
England / West Midlands
Rank 115 120 109
Rank change year-on-year
+5 -11
Contract jobs citing Foreign Exchange (FX) 4 6 2
As % of all contract IT jobs located in the West Midlands 0.17% 0.23% 0.089%
As % of the Miscellaneous category 0.66% 0.92% 0.34%
Number of daily rates quoted 3 5 0
Median daily rate £475 £450 -
Median daily rate % change year-on-year
+5.55% -
UK excluding London median daily rate £435 £400 £425
% change year-on-year
+8.75% -5.88%
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 in the West Midlands region.

Miscellaneous Category
West Midlands
Contract IT job ads with a match in the
Miscellaneous category
610 650 584
As % of all contract IT jobs located in the West Midlands 25.37% 24.67% 26.07%
Number of daily rates quoted 376 388 324
Median daily rate £413 £375 £350
Median daily rate % change year-on-year
+10.00% +7.14%
90% offered a daily rate of more than £222 £200 £200
10% offered a daily rate of more than £513 £525 £501
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 39 28 66
Median hourly rate £16.89 £13.50 £25.00
Median hourly rate % change year-on-year
+25.11% -46.00%
90% offered a hourly rate of more than £11.33 £11.00 £12.45
10% offered a hourly rate of more than £40.00 £28.75 £35.50
UK excluding London median hourly rate £17.50 £22.54 £18.00
% change year-on-year
-22.36% +25.22%

Foreign Exchange (FX)
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Foreign Exchange (FX) as a proportion of all IT contracts with a match in the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in the West Midlands

Foreign Exchange (FX)
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the West Midlands region.

Foreign Exchange (FX) Daily Rate Trend in the West Midlands

Foreign Exchange (FX)
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the West Midlands region over the 3 months to 23 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Birmingham -2 4 £475 +5.55%
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 27 Related IT Skills in the West Midlands

For the 6 months to 23 February 2017, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Foreign Exchange (FX).

1 5 (100.00%) SAP
2 3 (60.00%) Contract Management
2 3 (60.00%) Unit Testing
2 3 (60.00%) Integration Testing
2 3 (60.00%) Master Data Management
2 3 (60.00%) System Integration Testing
2 3 (60.00%) Regression Testing
2 3 (60.00%) Data Management
3 2 (40.00%) SAP CO
3 2 (40.00%) Finance
3 2 (40.00%) SAP FI
4 1 (20.00%) SAP MM
4 1 (20.00%) BusinessObjects
4 1 (20.00%) SAP SD
4 1 (20.00%) Manufacturing
4 1 (20.00%) SAP FI/CO
4 1 (20.00%) SAP PM
4 1 (20.00%) Retail
4 1 (20.00%) Supply Chain Management
4 1 (20.00%) General Ledger
4 1 (20.00%) SAP Oil and Gas
4 1 (20.00%) Planning and Forecasting
4 1 (20.00%) SAP FSCM
4 1 (20.00%) Cash Management
4 1 (20.00%) Straight-Through Processing
4 1 (20.00%) Discrete Manufacturing
4 1 (20.00%) Customer Requirements

Foreign Exchange (FX)
Top Related IT Skills in the West Midlands 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:

Business Applications
1 2 (40.00%) SAP CO
1 2 (40.00%) SAP FI
2 1 (20.00%) SAP FI/CO
2 1 (20.00%) SAP FSCM
2 1 (20.00%) SAP MM
2 1 (20.00%) SAP Oil and Gas
2 1 (20.00%) SAP PM
2 1 (20.00%) SAP SD
Database & Business Intelligence
1 1 (20.00%) BusinessObjects
General
1 2 (40.00%) Finance
2 1 (20.00%) General Ledger
2 1 (20.00%) Manufacturing
2 1 (20.00%) Retail
Job Titles
1 5 (100.00%) Consultant
1 5 (100.00%) SAP Consultant
2 1 (20.00%) SAP CO Consultant
2 1 (20.00%) SAP FI Consultant
2 1 (20.00%) SAP FI/CO Consultant
2 1 (20.00%) SAP Financial Consultant
Processes & Methodologies
1 3 (60.00%) Contract Management
1 3 (60.00%) Data Management
1 3 (60.00%) Integration Testing
1 3 (60.00%) Master Data Management
1 3 (60.00%) Regression Testing
1 3 (60.00%) System Integration Testing
1 3 (60.00%) Unit Testing
2 1 (20.00%) Cash Management
2 1 (20.00%) Customer Requirements
2 1 (20.00%) Discrete Manufacturing
2 1 (20.00%) Planning and Forecasting
2 1 (20.00%) Straight-Through Processing
2 1 (20.00%) Supply Chain Management
Vendors
1 5 (100.00%) SAP