Period
to 20 February 2018

The following table provides summary statistics for contract job vacancies with a requirement for IAS 39 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IAS 39 over the 6 months to 20 February 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.

IAS 39 Financial Instruments: Recognition and Measurement
UK
6 months to
20 Feb 2018
Same period 2017 Same period 2016
Rank - 839 872
Contract jobs citing IAS 39 0 4 7
As % of all contract IT jobs advertised in the UK - 0.004% 0.007%
As % of the Quality Assurance & Compliance category - 0.036% 0.055%
Number of daily rates quoted 0 3 1
UK median daily rate - £600 £600
UK excluding London median daily rate - £600 £600
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

IAS 39 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 13,155 11,088 12,776
As % of all contract IT jobs advertised in the UK 12.95% 11.64% 11.93%
Number of daily rates quoted 8,606 7,261 8,003
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £259 £225 £230
90th Percentile £630 £625 £588
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.67% +2.30%
Number of hourly rates quoted 367 385 454
UK median hourly rate £21.79 £21.50 £25.00
Median hourly rate % change year-on-year +1.35% -14.00% +19.05%
10th Percentile £11.71 £10.93 £11.36
90th Percentile £57.50 £48.75 £52.50
UK excluding London median hourly rate £24.00 £22.45 £25.50
% change year-on-year +6.90% -11.96% +27.50%

IAS 39
Job Vacancy Trend

Job postings citing IAS 39 as a percentage of all IT jobs advertised.

Job vacancy trend for IAS 39 in the UK

IAS 39
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IAS 39.

Contractor daily rate trend for IAS 39 in the UK