Period
to 17 November 2017

The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 6 months to 17 November 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Market Risk
Tower Hamlets > Canary Wharf
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank - 34 37
Contract jobs citing Market Risk 0 6 9
As % of all contract IT jobs advertised in Canary Wharf - 1.90% 2.29%
As % of the Miscellaneous category - 4.23% 5.33%
Number of daily rates quoted 0 4 6
Canary Wharf median daily rate - £650 £425
Median daily rate % change year-on-year - +52.94% +9.68%
Tower Hamlets median daily rate £650 £650 £425
% change year-on-year - +52.94% +6.25%
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Market Risk is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for generic IT skills.

All Generic IT Skills
Canary Wharf
Contract vacancies with a requirement for generic IT skills 145 142 169
As % of all contract IT jobs advertised in Canary Wharf 52.73% 45.08% 43.00%
Number of daily rates quoted 107 91 115
Canary Wharf median daily rate £500 £438 £475
Median daily rate % change year-on-year +14.29% -7.89% +18.75%
10th Percentile £274 £300 £263
90th Percentile £650 £638 £600
Tower Hamlets median daily rate £500 £450 £500
% change year-on-year +11.11% -10.00% +14.29%
Number of hourly rates quoted 1 1 1
Canary Wharf median hourly rate £15.50 £12.00 £35.75
Median hourly rate % change year-on-year +29.17% -66.43% +98.61%
10th Percentile £13.75 £12.00 £31.63
90th Percentile £17.25 £12.00 £39.88
Tower Hamlets median hourly rate £15.50 £12.00 £35.75
% change year-on-year +29.17% -66.43% +98.61%

Market Risk
Job Vacancy Trend in Canary Wharf

Job postings citing Market Risk as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Market Risk in Canary Wharf

Market Risk
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Market Risk in Canary Wharf.

Contractor daily rate trend for Market Risk in Canary Wharf