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 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
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 £475 £463 -
% change year-on-year
+2.70% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £45.00
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
152 119 109
As % of all contract IT jobs located in the West Midlands 6.67% 5.51% 5.46%
Number of daily rates quoted 82 51 39
Average daily rate £338 £375 £338
Average daily rate % change year-on-year
-10.00% +11.11%
90% offered a daily rate of more than £151 £224 £225
10% offered a daily rate of more than £450 £466 £500
UK excluding London average daily rate £371 £350 £350
% change year-on-year
+6.07% -
Number of hourly rates quoted 14 3 16
Average hourly rate £22.00 £13.00 £18.50
Average hourly rate % change year-on-year
+69.23% -29.72%
90% offered a hourly rate of more than £13.06 £10.20 £11.00
10% offered a hourly rate of more than £31.44 £16.60 £22.35
UK excluding London average hourly rate £18.75 £18.00 £21.50
% change year-on-year
+4.16% -16.27%

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