The table below looks at the prevalence of the term Hedge funds 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 Hedge funds over the 3 months to 23 September 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
23 Sep 2014
Same period 2013 Same period 2012
Hedge fund
Rank - 106 -
Contract jobs citing Hedge funds 0 3 0
As % of all contract IT jobs located in the West Midlands - 0.14% -
As % of the Miscellaneous category - 0.59% -
Number of daily rates quoted 0 3 0
Average daily rate
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of your Daily Rate
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- £150 -
UK excluding London average daily rate £400 £150 £500
% change year-on-year
+166.66% -70.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Hedge funds
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
598 506 506
As % of all contract IT jobs located in the West Midlands 23.30% 23.92% 21.91%
Number of daily rates quoted 296 264 256
Average daily rate £350 £315 £333
Average daily rate % change year-on-year
+11.11% -5.26%
90% offered a daily rate of more than £202 £175 £180
10% offered a daily rate of more than £500 £450 £450
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 49 37 44
Average hourly rate £21.50 £21.50 £32.50
Average hourly rate % change year-on-year
- -33.84%
90% offered a hourly rate of more than £12.17 £11.40 £11.13
10% offered a hourly rate of more than £40.32 £37.80 £50.00
UK excluding London average hourly rate £18.65 £17.50 £26.00
% change year-on-year
+6.58% -32.69%

Hedge funds
Jobs Demand Trend in the West Midlands

This chart provides a 3-month moving total of IT contractor jobs citing Hedge funds across the West Midlands region as a proportion of the total demand within the Miscellaneous category.

Hedge funds Jobs Demand Trend in the West Midlands