The table below provides summary statistics for contract job vacancies advertised in the South East with a requirement for knowledge and experience of VocaLink products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited VocaLink over the 3 months to 30 March 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.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within VocaLink Limited.

VocaLink
England / South East
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank - 266 -
Contract jobs citing VocaLink 0 1 0
As % of all contract IT jobs advertised in the South East - 0.011% -
As % of the Vendors category - 0.022% -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - £500
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

VocaLink is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies advertised in the South East.

Contract Vendor Product & Service Skills
South East
Contract job vacancies with a requirement for skills associated with vendor products and/or services 3857 4586 4503
As % of all contract IT job vacancies advertised in the South East 48.69% 48.77% 45.68%
Number of daily rates quoted 2120 2748 2368
Median daily rate £413 £390 £375
Median daily rate % change year-on-year +5.76% +4.00%  
90% offered a daily rate of more than £270 £240 £233
10% offered a daily rate of more than £525 £530 £500
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 201 203 239
Median hourly rate £15.60 £25.00 £18.50
Median hourly rate % change year-on-year -37.60% +35.13%  
90% offered a hourly rate of more than £11.25 £12.00 £11.75
10% offered a hourly rate of more than £46.50 £55.55 £42.00
UK excluding London median hourly rate £16.50 £18.75 £17.00
% change year-on-year -12.00% +10.29%  

VocaLink
Job Vacancy Trend in the South East

The job posting trend of jobs advertised in the South East citing VocaLink as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for VocaLink in the South East