Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Basel II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Basel II over the 6 months to 18 November 2017 with a comparison to the same period in 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.

Basel II
Central London > City of London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank - 243 268
Contract jobs citing Basel II 0 4 5
As % of all contract IT jobs advertised in the City of London - 0.060% 0.054%
As % of the Quality Assurance & Compliance category - 0.50% 0.49%
Number of daily rates quoted 0 4 5
City of London median daily rate - £600 £500
Median daily rate % change year-on-year - +20.00% -23.08%
Central London median daily rate - £600 £500
% change year-on-year - +20.00% -23.08%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Basel II is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 936 802 1030
As % of all contract IT jobs advertised in the City of London 13.22% 11.95% 11.14%
Number of daily rates quoted 735 640 753
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +1.12%
10th Percentile £313 £313 £282
90th Percentile £675 £675 £625
Central London median daily rate £483 £475 £450
% change year-on-year +1.58% +5.56% +3.45%
Number of hourly rates quoted 16 5 14
City of London median hourly rate £15.00 £46.50 £19.98
Median hourly rate % change year-on-year -67.74% +132.79% +19.25%
Central London median hourly rate £15.00 £46.50 £21.25
% change year-on-year -67.74% +118.82% +37.10%

Basel II
Job Vacancy Trend in the City of London

Job postings citing Basel II as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Basel II in the City of London

Basel II
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Basel II in the City of London.

Contractor daily rate trend for Basel II in the City of London