The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 3 months to 26 June 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)
England / West Midlands
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank - 139 -
Contract jobs citing Foreign Exchange (FX) 0 1 0
As % of all contract IT jobs advertised in the West Midlands - 0.033% -
As % of the Miscellaneous category - 0.13% -
Number of daily rates quoted 0 1 0
Median daily rate - £396 -
UK excluding London median daily rate £413 £375 £425
% change year-on-year +10.00% -11.76%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £47.50 - -

Foreign Exchange (FX) 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 the West Midlands with a requirement for generic IT skills.

Generic IT Skills
West Midlands
Contract job vacancies with a requirement for generic IT skills 586 753 631
As % of all contract IT job vacancies advertised in the West Midlands 28.67% 25.22% 26.73%
Number of daily rates quoted 336 457 378
Median daily rate £375 £375 £350
Median daily rate % change year-on-year - +7.14%  
90% offered a daily rate of more than £147 £210 £208
10% offered a daily rate of more than £500 £501 £493
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 37 30 44
Median hourly rate £14.61 £15.21 £19.00
Median hourly rate % change year-on-year -3.91% -19.97%  
90% offered a hourly rate of more than £10.17 £11.50 £10.80
10% offered a hourly rate of more than £39.50 £22.20 £36.00
UK excluding London median hourly rate £25.00 £23.00 £18.88
% change year-on-year +8.69% +21.82%  

Foreign Exchange (FX)
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands citing Foreign Exchange (FX) as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Foreign Exchange (FX) in the West Midlands

Foreign Exchange (FX)
Contractor Daily Rate Trend in the West Midlands

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

Contractor daily rate trend for Foreign Exchange (FX) in the West Midlands

For the 6 months to 26 June 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 West Midlands region with a requirement for Foreign Exchange (FX).

1 4 (100.00%) SAP
2 3 (75.00%) Data Management
2 3 (75.00%) Unit Testing
2 3 (75.00%) Integration Testing
2 3 (75.00%) Master Data Management
2 3 (75.00%) System Integration Testing
2 3 (75.00%) Contract Management
2 3 (75.00%) Regression Testing
3 1 (25.00%) Finance
3 1 (25.00%) SAP FI/CO
3 1 (25.00%) SAP CO
3 1 (25.00%) Customer Requirements
3 1 (25.00%) SAP FI

Foreign Exchange (FX)
Co-occurring IT Skills in the West Midlands 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:

Business Applications
1 1 (25.00%) SAP CO
1 1 (25.00%) SAP FI
1 1 (25.00%) SAP FI/CO
General
1 1 (25.00%) Finance
Job Titles
1 4 (100.00%) Consultant
1 4 (100.00%) SAP Consultant
2 1 (25.00%) SAP CO Consultant
2 1 (25.00%) SAP FI Consultant
2 1 (25.00%) SAP FI/CO Consultant
Processes & Methodologies
1 3 (75.00%) Contract Management
1 3 (75.00%) Data Management
1 3 (75.00%) Integration Testing
1 3 (75.00%) Master Data Management
1 3 (75.00%) Regression Testing
1 3 (75.00%) System Integration Testing
1 3 (75.00%) Unit Testing
2 1 (25.00%) Customer Requirements
Vendors
1 4 (100.00%) SAP