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 21 January 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
21 Jan 2017
Same period 2016 Same period 2015
Foreign Exchange (FX)
England / West Midlands
Rank - 118 101
Contract jobs citing Foreign Exchange (FX) 0 5 2
As % of all contract IT jobs located in the West Midlands - 0.21% 0.094%
As % of the Miscellaneous category - 0.74% 0.32%
Number of daily rates quoted 0 3 0
Median daily rate - £450 -
UK excluding London median daily rate £425 £450 £390
% change year-on-year
-5.55% +15.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £11.38

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
646 676 625
As % of all contract IT jobs located in the West Midlands 27.41% 27.85% 29.38%
Number of daily rates quoted 399 380 359
Median daily rate £388 £375 £363
Median daily rate % change year-on-year
+3.33% +3.44%
90% offered a daily rate of more than £170 £200 £200
10% offered a daily rate of more than £515 £500 £500
UK excluding London median daily rate £390 £375 £366
% change year-on-year
+4.00% +2.45%
Number of hourly rates quoted 41 36 53
Median hourly rate £21.47 £17.50 £22.50
Median hourly rate % change year-on-year
+22.65% -22.22%
90% offered a hourly rate of more than £11.33 £11.00 £12.50
10% offered a hourly rate of more than £55.00 £42.50 £50.80
UK excluding London median hourly rate £19.30 £21.50 £17.50
% change year-on-year
-10.22% +22.85%

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)
Top 17 Related IT Skills in the West Midlands

For the 6 months to 21 January 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 1 (100.00%) SAP
1 1 (100.00%) BusinessObjects
1 1 (100.00%) SAP SD
1 1 (100.00%) SAP FI
1 1 (100.00%) SAP MM
1 1 (100.00%) Finance
1 1 (100.00%) Manufacturing
1 1 (100.00%) SAP CO
1 1 (100.00%) SAP PM
1 1 (100.00%) Retail
1 1 (100.00%) Supply Chain Management
1 1 (100.00%) General Ledger
1 1 (100.00%) SAP Oil and Gas
1 1 (100.00%) SAP FSCM
1 1 (100.00%) Cash Management
1 1 (100.00%) Straight-Through Processing
1 1 (100.00%) Planning and Forecasting

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 1 (100.00%) SAP CO
1 1 (100.00%) SAP FI
1 1 (100.00%) SAP FSCM
1 1 (100.00%) SAP MM
1 1 (100.00%) SAP Oil and Gas
1 1 (100.00%) SAP PM
1 1 (100.00%) SAP SD
Database & Business Intelligence
1 1 (100.00%) BusinessObjects
General
1 1 (100.00%) Finance
1 1 (100.00%) General Ledger
1 1 (100.00%) Manufacturing
1 1 (100.00%) Retail
Job Titles
1 1 (100.00%) Consultant
1 1 (100.00%) SAP Consultant
1 1 (100.00%) SAP Financial Consultant
Processes & Methodologies
1 1 (100.00%) Cash Management
1 1 (100.00%) Planning and Forecasting
1 1 (100.00%) Straight-Through Processing
1 1 (100.00%) Supply Chain Management
Vendors
1 1 (100.00%) SAP
Birmingham, West Midlands (County)
Itecco
Rate: £400 - £600 per day
Posted: Yesterday
Birmingham, West Midlands (County)
Square One Resources
Rate: From £450 to £500 per day
Posted: 4 days ago