The table below looks at the statistics for knowledge and experience of RedDot products and/or services 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 RedDot over the 3 months to 29 August 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within RedDot Solutions.

Location
3 months to
29 Aug 2014
Same period 2013 Same period 2012
RedDot
Rank - - 110
Contract jobs citing RedDot 0 0 1
As % of all contract IT jobs located in the West Midlands - - 0.044%
As % of the Vendors category - - 0.092%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £350 £281 £275
% change year-on-year
+24.44% +2.27%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £19.00
UK excluding London average hourly rate - - £19.00
RedDot
England

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

Vendors Category
West Midlands
Contract IT job ads with a match in the
Vendors category
1303 935 1090
As % of all contract IT jobs located in the West Midlands 50.43% 44.93% 48.06%
Number of daily rates quoted 631 464 521
Average daily rate £325 £325 £350
Average daily rate % change year-on-year
- -7.14%
90% offered a daily rate of more than £175 £200 £180
10% offered a daily rate of more than £495 £475 £500
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 101 59 94
Average hourly rate £17.50 £19.48 £22.50
Average hourly rate % change year-on-year
-10.16% -13.42%
90% offered a hourly rate of more than £9.75 £11.00 £11.00
10% offered a hourly rate of more than £31.50 £28.35 £36.00
UK excluding London average hourly rate £18.00 £19.30 £19.00
% change year-on-year
-6.73% +1.57%

RedDot
Jobs Demand Trend in the West Midlands

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

RedDot Jobs Demand Trend in the West Midlands

RedDot
Daily Rate Trend in the West Midlands

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

RedDot Daily Rate Trend in the West Midlands