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 average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 4 September 2015 with a comparison to the same period in 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.

Location
3 months to
4 Sep 2015
Same period 2014 Same period 2013
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
Average daily rate
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- - -
UK excluding London average daily rate £381 £250 £280
% change year-on-year
+52.50% -10.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
174 204 112
As % of all contract IT jobs located in the West Midlands 7.05% 7.98% 5.42%
Number of daily rates quoted 94 81 52
Average daily rate £400 £350 £380
Average daily rate % change year-on-year
+14.28% -7.89%
90% offered a daily rate of more than £275 £150 £164
10% offered a daily rate of more than £505 £525 £505
UK excluding London average daily rate £400 £375 £353
% change year-on-year
+6.66% +6.38%
Number of hourly rates quoted 19 22 7
Average hourly rate £31.44 £17.50 £19.00
Average hourly rate % change year-on-year
+79.65% -7.89%
90% offered a hourly rate of more than £13.04 £13.98 £8.00
10% offered a hourly rate of more than £42.50 £102.36 £34.62
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

GAAP
Jobs Demand Trend in the West Midlands

This chart provides a 3-month moving total of IT contractor jobs citing GAAP across the West Midlands region as a proportion of the total demand within 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