Period
to 20 September 2018

The following table provides summary statistics for contract job vacancies advertised in East Sussex with a requirement for MiFID skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MiFID over the 6 months to 20 September 2018 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.

Markets in Financial Instruments Directive (MiFID)
South East > East Sussex
6 months to
20 Sep 2018
Same period 2017 Same period 2016
Rank - 56 62
Contract jobs citing MiFID 0 2 1
As % of all contract IT jobs advertised in East Sussex - 0.35% 0.18%
As % of the Quality Assurance & Compliance category - 2.60% 1.28%
Number of daily rates quoted 0 2 1
East Sussex median daily rate - £438 £700
Median daily rate % change year-on-year - -37.50% -
South East median daily rate £550 £500 £538
% change year-on-year +10.00% -6.98% -
Number of hourly rates quoted 0 0 0
East Sussex median hourly rate - - -
South East median hourly rate - - -

MiFID 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 East Sussex with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
East Sussex
Contract vacancies with a requirement for quality assurance or compliance skills 92 77 78
As % of all contract IT jobs advertised in East Sussex 16.08% 13.63% 13.95%
Number of daily rates quoted 49 52 56
East Sussex median daily rate £400 £425 £357
Median daily rate % change year-on-year -5.88% +19.21% -18.51%
10th Percentile £300 £255 £251
90th Percentile £585 £500 £525
South East median daily rate £425 £400 £400
% change year-on-year +6.25% - +3.36%
Number of hourly rates quoted 0 1 5
East Sussex median hourly rate - £42.50 £21.36
Median hourly rate % change year-on-year - +99.02% +14.32%
South East median hourly rate £22.00 £20.81 £21.33
% change year-on-year +5.71% -2.43% -1.02%