The table below looks at the statistics for GAAP skills in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank - - -
Contract jobs citing GAAP 0 0 0
As % of all contract IT jobs located in the West Midlands - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £278 £375 £250
% change year-on-year
-26.00% +50.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
GAAP
England

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the West Midlands region.

Quality Assurance & Compliance Category
West Midlands
Contract IT job ads with a match in the
Quality Assurance & Compliance category
218 180 201
As % of all contract IT jobs located in the West Midlands 6.95% 7.55% 8.57%
Number of daily rates quoted 144 115 88
Median daily rate £400 £376 £388
Median daily rate % change year-on-year
+6.31% -2.90%
90% offered a daily rate of more than £222 £263 £225
10% offered a daily rate of more than £546 £500 £590
UK excluding London median daily rate £400 £399 £375
% change year-on-year
+0.19% +6.45%
Number of hourly rates quoted 9 14 25
Median hourly rate £13.50 £35.00 £17.50
Median hourly rate % change year-on-year
-61.42% +100.00%
90% offered a hourly rate of more than £8.50 £13.81 £14.50
10% offered a hourly rate of more than £30.00 £43.00 £30.86
UK excluding London median hourly rate £28.00 £22.50 £20.17
% change year-on-year
+24.44% +11.57%

GAAP
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing GAAP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

GAAP Jobs Demand Trend in the West Midlands

GAAP
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing GAAP across the West Midlands region.

GAAP Daily Rate Trend in the West Midlands