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 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank - 115 -
Contract jobs citing Foreign Exchange (FX) 0 5 0
As % of all contract IT jobs located in the West Midlands - 0.20% -
As % of the Miscellaneous category - 0.71% -
Number of daily rates quoted 0 5 0
Median daily rate - £650 -
UK excluding London median daily rate £347 £650 £400
% change year-on-year
-46.61% +62.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £16.50 -
Foreign Exchange (FX)
England

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
960 708 705
As % of all contract IT jobs located in the West Midlands 29.69% 27.91% 27.29%
Number of daily rates quoted 575 432 356
Median daily rate £375 £375 £350
Median daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £215 £225 £225
10% offered a daily rate of more than £541 £590 £500
UK excluding London median daily rate £375 £380 £350
% change year-on-year
-1.31% +8.57%
Number of hourly rates quoted 42 67 61
Median hourly rate £17.00 £19.00 £20.00
Median hourly rate % change year-on-year
-10.52% -5.00%
90% offered a hourly rate of more than £10.60 £11.00 £11.00
10% offered a hourly rate of more than £40.00 £42.17 £37.80
UK excluding London median hourly rate £21.16 £19.00 £17.50
% change year-on-year
+11.34% +8.57%

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 3 Related IT Skills in the West Midlands

For the 6 months to 30 September 2016, 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%) Six Sigma
1 1 (100.00%) User Acceptance Testing
1 1 (100.00%) Process Improvement

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:

Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
Processes & Methodologies
1 1 (100.00%) Process Improvement
1 1 (100.00%) Six Sigma
1 1 (100.00%) User Acceptance Testing