The table below looks at the prevalence of the term Market Risk in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Market Risk over the 3 months to 30 March 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.

Market Risk
UK / Scotland
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank - 128 119
Contract jobs citing Market Risk 0 3 9
As % of all contract IT jobs advertised in Scotland - 0.11% 0.31%
As % of the Miscellaneous category - 0.37% 1.20%
Number of daily rates quoted 0 0 9
Median daily rate - - £400
UK excluding London median daily rate £561 £450 £400
% change year-on-year +24.72% +12.50%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Market Risk 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 Scotland with a requirement for generic IT skills.

Generic IT Skills
Scotland
Contract job vacancies with a requirement for generic IT skills 578 807 747
As % of all contract IT job vacancies advertised in Scotland 32.45% 30.88% 25.51%
Number of daily rates quoted 331 444 390
Median daily rate £369 £375 £369
Median daily rate % change year-on-year -1.62% +1.69%  
90% offered a daily rate of more than £194 £225 £190
10% offered a daily rate of more than £497 £500 £500
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 12 17 25
Median hourly rate £47.23 £39.00 £19.85
Median hourly rate % change year-on-year +21.10% +96.52%  
90% offered a hourly rate of more than £14.49 £14.94 £12.10
10% offered a hourly rate of more than £52.17 £45.80 £55.40
UK excluding London median hourly rate £20.00 £25.50 £18.50
% change year-on-year -21.56% +37.83%  

Market Risk
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing Market Risk as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Market Risk in Scotland

Market Risk
Contractor Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Market Risk in Scotland.

Contractor daily rate trend for Market Risk in Scotland