Period
to 14 December 2018

The table below provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for knowledge and experience of IFS products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFS over the 6 months to 14 December 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 IFS AB.

IFS
England > West Midlands
6 months to
14 Dec 2018
Same period 2017 Same period 2016
Rank - 180 206
Contract jobs citing IFS 0 3 1
As % of all contract IT jobs advertised in the West Midlands - 0.061% 0.017%
As % of the Vendors category - 0.14% 0.037%
Number of daily rates quoted 0 3 0
West Midlands median daily rate - £425 -
England median daily rate £450 £525 £450
% change year-on-year -14.29% +16.67% +12.50%
Number of hourly rates quoted 0 0 0
West Midlands median hourly rate - - -
England median hourly rate £42.50 £40.75 £44.00
% change year-on-year +4.29% -7.39% +64.49%

IFS 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 the West Midlands.

All Vendors
West Midlands
Contract vacancies with a requirement for knowledge or experience of vendor products and services 2,373 2,156 2,725
As % of all contract IT jobs advertised in the West Midlands 45.61% 44.16% 46.05%
Number of daily rates quoted 1,355 1,305 1,487
West Midlands median daily rate £420 £400 £400
Median daily rate % change year-on-year +5.00% - +3.90%
10th Percentile £225 £207 £225
90th Percentile £575 £575 £550
England median daily rate £450 £450 £425
% change year-on-year - +5.88% +6.25%
Number of hourly rates quoted 115 90 87
West Midlands median hourly rate £15.85 £16.20 £14.50
Median hourly rate % change year-on-year -2.18% +11.74% -4.92%
10th Percentile £10.84 £11.00 £10.46
90th Percentile £28.25 £48.75 £26.00
England median hourly rate £17.50 £17.50 £16.75
% change year-on-year - +4.48% -4.29%

IFS
Job Vacancy Trend in the West Midlands

Job postings citing IFS as a percentage of all IT jobs advertised in the West Midlands.

Job vacancy trend for IFS in the West Midlands

IFS
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IFS in the West Midlands.

Contractor daily rate trend for IFS in the West Midlands

IFS
Contractor Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing IFS in the West Midlands.

Contractor hourly rate trend for IFS in the West Midlands