Period
to 13 December 2017

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in Somerset. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 13 December 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.

Foreign Exchange (FX)
South West > Somerset
6 months to
13 Dec 2017
Same period 2016 Same period 2015
Rank 49 45 -
Rank change year-on-year -4 - -
Contract jobs citing Foreign Exchange (FX) 2 1 0
As % of all contract IT jobs advertised in Somerset 0.40% 0.22% -
As % of the Miscellaneous category 1.57% 0.93% -
Number of daily rates quoted 2 2 0
Somerset median daily rate £413 £550 -
Median daily rate % change year-on-year -25.00% - -
South West median daily rate £413 £525 -
% change year-on-year -21.43% - -
Number of hourly rates quoted 0 0 0
Somerset median hourly rate - - -
South West median hourly rate - - -

Foreign Exchange (FX) 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 Somerset with a requirement for generic IT skills.

All Generic IT Skills
Somerset
Contract vacancies with a requirement for generic IT skills 127 107 205
As % of all contract IT jobs advertised in Somerset 25.10% 23.01% 29.88%
Number of daily rates quoted 85 49 111
Somerset median daily rate £350 £325 £369
Median daily rate % change year-on-year +7.69% -11.80% +5.29%
10th Percentile £138 £105 £213
90th Percentile £475 £544 £490
South West median daily rate £400 £375 £375
% change year-on-year +6.67% - -1.32%
Number of hourly rates quoted 7 38 19
Somerset median hourly rate £39.00 £26.88 £43.75
Median hourly rate % change year-on-year +45.12% -38.57% +78.57%
10th Percentile £10.60 £11.03 £17.20
90th Percentile £46.50 £42.33 £55.00
South West median hourly rate £33.00 £26.50 £38.25
% change year-on-year +24.53% -30.72% +33.04%

Foreign Exchange (FX)
Job Vacancy Trend in Somerset

Job postings citing Foreign Exchange (FX) as a percentage of all IT jobs advertised in Somerset.

Job vacancy trend for Foreign Exchange (FX) in Somerset

Foreign Exchange (FX)
Contractor Daily Rate Trend in Somerset

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Foreign Exchange (FX) in Somerset.

Contractor daily rate trend for Foreign Exchange (FX) in Somerset

Foreign Exchange (FX)
Contract Job Locations in Somerset

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the Somerset region over the 6 months to 13 December 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Street +1 2 £413 -25.00%
Foreign Exchange (FX)
South West

For the 6 months to 13 December 2017, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Somerset region with a requirement for Foreign Exchange (FX).

1 2 (100.00%) Banking
1 2 (100.00%) Java
2 1 (50.00%) Murex
2 1 (50.00%) Investment Banking
2 1 (50.00%) Software Engineering
2 1 (50.00%) Manual Testing
2 1 (50.00%) Test Automation
2 1 (50.00%) Cucumber
2 1 (50.00%) Gherkin

Foreign Exchange (FX)
Co-occurring IT Skills in Somerset by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Development Applications
1 1 (50.00%) Cucumber
General
1 2 (100.00%) Banking
2 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) Automation Tester
1 1 (50.00%) Developer
1 1 (50.00%) Java Developer
1 1 (50.00%) Tester
Libraries, Frameworks & Software Standards
1 1 (50.00%) Gherkin
Processes & Methodologies
1 1 (50.00%) Manual Testing
1 1 (50.00%) Software Engineering
1 1 (50.00%) Test Automation
Programming Languages
1 2 (100.00%) Java
Vendors
1 1 (50.00%) Murex