Period
to 19 November 2017

The table below looks at the prevalence of the term Contract for Difference in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Contract for Difference over the 6 months to 19 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.

Contract for Difference (CFD)
Central London > City of London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank - - 257
Contract jobs citing Contract for Difference 0 0 14
As % of all contract IT jobs advertised in the City of London - - 0.15%
As % of the Miscellaneous category - - 0.39%
Number of daily rates quoted 0 0 14
City of London median daily rate - - £580
Central London median daily rate - - £580
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Contract for Difference 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 the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3059 2747 3615
As % of all contract IT jobs advertised in the City of London 43.54% 41.30% 39.36%
Number of daily rates quoted 2380 2148 2875
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £713 £675 £663
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 55
City of London median hourly rate £22.26 £19.00 £20.00
Median hourly rate % change year-on-year +17.14% -5.00% +14.29%
10th Percentile £12.88 £11.25 £12.00
90th Percentile £33.25 £55.00 £36.40
Central London median hourly rate £21.31 £18.45 £20.00
% change year-on-year +15.51% -7.75% +14.29%

Contract for Difference
Job Vacancy Trend in the City of London

Job postings citing Contract for Difference as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Contract for Difference in the City of London

Contract for Difference
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 Contract for Difference in the City of London.

Contractor daily rate trend for Contract for Difference in the City of London