The following table provides summary statistics for contract job vacancies advertised in London with a requirement for TCAP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited TCAP over the 3 months to 28 June 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.

Transaction Capabilities Applications Part (TCAP)
England / London
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank - - 425
Contract jobs citing TCAP 0 0 10
As % of all contract IT jobs advertised in London - - 0.043%
As % of the Communications & Networking category - - 0.33%
Number of daily rates quoted 0 0 8
Median daily rate - - £296
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

TCAP is in the communications and computer networking skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for communications and computer networking skills.

Contract Communications & Computer Network Skills
London
Contract job vacancies with a requirement for communications and computer networking skills 2299 3018 3064
As % of all contract IT job vacancies advertised in London 11.07% 13.90% 13.30%
Number of daily rates quoted 3937 5158 5785
Median daily rate £450 £430 £388
Median daily rate % change year-on-year +4.65% +10.96%  
90% offered a daily rate of more than £225 £235 £213
10% offered a daily rate of more than £615 £600 £550
UK excluding London median daily rate £375 £365 £340
% change year-on-year +2.73% +7.35%  
Number of hourly rates quoted 213 111 178
Median hourly rate £24.86 £22.00 £19.72
Median hourly rate % change year-on-year +13.00% +11.59%  
90% offered a hourly rate of more than £13.39 £11.25 £12.50
10% offered a hourly rate of more than £50.00 £43.75 £50.00
UK excluding London median hourly rate £27.50 £31.50 £23.50
% change year-on-year -12.69% +34.04%  

TCAP
Job Vacancy Trend in London

Job postings citing TCAP as a percentage of all IT jobs advertised in London.

Job vacancy trend for TCAP in London

TCAP
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing TCAP in London.

Contractor daily rate trend for TCAP in London