Period
to 17 August 2018

The table below provides summary statistics for contract job vacancies advertised in Somerset with a requirement for knowledge and experience of IBM products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IBM over the 6 months to 17 August 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within the International Business Machines Corporation.

IBM
South West > Somerset
6 months to
17 Aug 2018
Same period 2017 Same period 2016
Rank - 53 40
Contract jobs citing IBM 0 4 11
As % of all contract IT jobs advertised in Somerset - 0.85% 2.30%
As % of the Vendors category - 1.75% 5.00%
Number of daily rates quoted 0 4 8
Somerset median daily rate - £427 £384
Median daily rate % change year-on-year - +11.14% +53.50%
South West median daily rate £433 £414 £375
% change year-on-year +4.53% +10.33% -15.73%
Number of hourly rates quoted 0 0 0
Somerset median hourly rate - - -
South West median hourly rate £41.88 £35.00 £19.50
% change year-on-year +19.64% +79.49% -29.36%

IBM is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for knowledge or experience of vendor products and services advertised in Somerset.

All Vendors
Somerset
Contract vacancies with a requirement for knowledge or experience of vendor products and services 134 228 220
As % of all contract IT jobs advertised in Somerset 28.76% 48.41% 46.03%
Number of daily rates quoted 68 126 118
Somerset median daily rate £350 £400 £373
Median daily rate % change year-on-year -12.55% +7.45% +2.76%
10th Percentile £206 £169 £211
90th Percentile £553 £550 £538
South West median daily rate £400 £395 £375
% change year-on-year +1.27% +5.33% +2.74%
Number of hourly rates quoted 5 29 31
Somerset median hourly rate £17.50 £50.00 £22.00
Median hourly rate % change year-on-year -65.00% +127.27% -40.94%
10th Percentile £14.10 £14.56 £13.75
90th Percentile £23.65 £53.75 £38.75
South West median hourly rate £28.00 £35.00 £23.25
% change year-on-year -20.00% +50.54% +15.18%

IBM
Job Vacancy Trend in Somerset

Job postings citing IBM as a percentage of all IT jobs advertised in Somerset.

Job vacancy trend for IBM in Somerset

IBM
Contractor Daily Rate Trend in Somerset

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

Contractor daily rate trend for IBM in Somerset

IBM
Contractor Hourly Rate Trend in Somerset

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing IBM in Somerset.

Contractor hourly rate trend for IBM in Somerset