The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in Worcester. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 7 May 2024 with a comparison to the same period over the previous 2 years.
Foreign Exchange (FX) is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Worcester with a requirement for generic IT skills.
| Contract vacancies with a requirement for generic IT skills |
10 |
18 |
19 |
| As % of all contract IT jobs advertised in Worcester |
35.71% |
36.73% |
42.22% |
| Number of daily rates quoted |
4 |
15 |
16 |
| 10th Percentile |
£313 |
- |
£213 |
| 25th Percentile |
£369 |
£463 |
£241 |
| Median daily rate (50th Percentile) |
£425 |
£525 |
£275 |
| Median % change year-on-year |
-19.05% |
+90.91% |
-21.43% |
| 75th Percentile |
£480 |
£588 |
£359 |
| 90th Percentile |
£534 |
£600 |
£394 |
| Worcestershire median daily rate |
£425 |
£525 |
£350 |
| % change year-on-year |
-19.05% |
+50.00% |
-17.65% |
| Number of hourly rates quoted |
3 |
2 |
1 |
| 10th Percentile |
£22.59 |
- |
- |
| 25th Percentile |
£39.43 |
- |
£15.04 |
| Median hourly rate |
£70.00 |
£17.72 |
£15.86 |
| Median % change year-on-year |
+295.03% |
+11.73% |
- |
| 75th Percentile |
£72.50 |
- |
£16.68 |
| 90th Percentile |
- |
- |
- |
| Worcestershire median hourly rate |
£70.00 |
£17.72 |
£14.07 |
| % change year-on-year |
+295.03% |
+25.99% |
- |
