Period
to 21 April 2019

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 21 April 2019 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
21 Apr 2019
Same period 2018 Same period 2017
Rank - 48 35
Contract jobs citing Market Risk 0 1 6
As % of all contract IT jobs advertised in Canary Wharf - 0.35% 2.30%
As % of the Miscellaneous category - 0.66% 5.50%
Number of daily rates quoted 0 1 5
Canary Wharf median daily rate - £650 £625
Median daily rate % change year-on-year - +4.00% -25.60%
Tower Hamlets median daily rate - £650 £623
% change year-on-year - +4.42% +3.75%
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 140 151 109
As % of all contract IT jobs advertised in Canary Wharf 38.25% 52.25% 41.76%
Number of daily rates quoted 121 128 77
Canary Wharf median daily rate £575 £550 £575
Median daily rate % change year-on-year +4.55% -4.35% +20.42%
10th Percentile £424 £413 £350
90th Percentile £650 £668 £675
Tower Hamlets median daily rate £595 £549 £575
% change year-on-year +8.43% -4.57% +21.05%
Number of hourly rates quoted 1 0 0
Canary Wharf median hourly rate £147.50 - -
Tower Hamlets median hourly rate £147.50 - -

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