The table below looks at the prevalence of the term New Media 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 New Media over the 3 months to 23 June 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.

New Media
London / City of London
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank - 163 196
Contract jobs citing New Media 0 1 5
As % of all contract IT jobs advertised in the City of London - 0.030% 0.086%
As % of the Miscellaneous category - 0.075% 0.23%
Number of daily rates quoted 0 1 3
Median daily rate - £463 £600
Median daily rate % change year-on-year - -22.91%  
UK excluding London median daily rate £396 £425 £250
% change year-on-year -6.76% +70.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £15.00 -

New Media is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1382 1335 2184
As % of all contract IT job vacancies advertised in the City of London 41.88% 39.45% 37.58%
Number of daily rates quoted 1046 1116 1739
Median daily rate £530 £475 £475
Median daily rate % change year-on-year +11.57% -  
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £675 £650 £635
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 14 16 39
Median hourly rate £18.70 £17.50 £22.83
Median hourly rate % change year-on-year +6.82% -23.34%  
90% offered a hourly rate of more than £12.93 £12.50 £15.60
10% offered a hourly rate of more than £22.20 £62.00 £59.10
UK excluding London median hourly rate £25.00 £22.75 £19.00
% change year-on-year +9.89% +19.73%  

New Media
Job Vacancy Trend in the City of London

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

Job vacancy trend for New Media in the City of London

New Media
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 New Media in the City of London.

Contractor daily rate trend for New Media in the City of London

New Media
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 New Media in the City of London.

Contractor hourly rate trend for New Media in the City of London