The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for BC Cleared qualifications. Included is a benchmarking guide to the contractor rates offered over the 3 months to 28 April 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.

Basic Check (BC) Clearance
London / City of London
3 months to
28 Apr 2017
Same period 2016 Same period 2015
Rank - 161 200
Contract jobs citing BC Cleared 0 1 3
As % of all contract IT jobs advertised in the City of London - 0.029% 0.055%
As % of the Qualifications category - 0.20% 0.36%
Number of daily rates quoted 0 0 2
Median daily rate - - £338
UK excluding London median daily rate £508 £401 £360
% change year-on-year +26.71% +11.25%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £13.25 £15.50 £47.33
% change year-on-year -14.51% -67.25%  

BC Cleared is in the academic qualifications and professional certifications category. The following table is for comparison with the above and provides summary statistics for all academic qualifications and professional certifications cited in contract job vacancies advertised in the City of London.

Academic & Professional Certification
City of London
Contract job vacancies requiring academic qualifications or professional certifications 452 507 824
As % of all contract IT job vacancies advertised in the City of London 13.87% 14.62% 15.13%
Number of daily rates quoted 303 358 613
Median daily rate £463 £450 £425
Median daily rate % change year-on-year +2.77% +5.88%  
90% offered a daily rate of more than £225 £295 £200
10% offered a daily rate of more than £600 £625 £575
UK excluding London median daily rate £405 £380 £375
% change year-on-year +6.57% +1.33%  
Number of hourly rates quoted 7 8 15
Median hourly rate £20.54 £21.78 £20.88
Median hourly rate % change year-on-year -5.69% +4.33%  
90% offered a hourly rate of more than £15.94 £16.75 £15.08
10% offered a hourly rate of more than £28.35 £89.00 £32.40
UK excluding London median hourly rate £31.50 £35.00 £22.50
% change year-on-year -10.00% +55.55%  

BC Cleared
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing BC Cleared as a proportion of all contract or permanent IT jobs with a match in the Qualifications category.

Job vacancy trend for BC Cleared in the City of London

BC Cleared
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 BC Cleared in the City of London.

Contractor daily rate trend for BC Cleared in the City of London

BC Cleared
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing BC Cleared in the City of London.

Contractor hourly rate trend for BC Cleared in the City of London