Derivative Contracts in the West Midlands

Derivatives
England > West Midlands

The table below looks at the prevalence of the term Derivative in contract job vacancies advertised in the West Midlands. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Derivative over the 6 months to 1 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
1 Jun 2024
Same period 2023 Same period 2022
Rank - 129 160
Rank change year-on-year - +31 -
Contract jobs citing Derivative 0 1 6
As % of all contract jobs advertised in the West Midlands - 0.045% 0.17%
As % of the Miscellaneous category - 0.14% 0.58%
Number of daily rates quoted 0 0 4
10th Percentile - - £565
25th Percentile - - £698
Median daily rate (50th Percentile) - - £816
75th Percentile - - £859
90th Percentile - - -
England median daily rate £750 £725 £675
% change year-on-year +3.45% +7.41% +8.87%

All Generic Skills
West Midlands

Derivative is in the General and Transferable Skills category. The following 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.

Contract vacancies with a requirement for generic IT skills 628 740 1,031
As % of all contract IT jobs advertised in the West Midlands 32.29% 33.08% 28.89%
Number of daily rates quoted 393 479 737
10th Percentile £265 £273 £275
25th Percentile £363 £413 £375
Median daily rate (50th Percentile) £525 £513 £500
Median % change year-on-year +2.44% +2.50% +14.29%
75th Percentile £645 £638 £588
90th Percentile £750 £700 £700
England median daily rate £550 £570 £550
% change year-on-year -3.51% +3.64% +10.00%
Number of hourly rates quoted 45 23 21
10th Percentile £10.42 £17.72 £12.38
25th Percentile £14.71 £20.74 £15.00
Median hourly rate £24.65 £27.50 £16.50
Median % change year-on-year -10.36% +66.67% -1.90%
75th Percentile £40.50 £30.00 £19.50
90th Percentile £58.75 £56.75 £26.75
England median hourly rate £36.00 £22.49 £26.14
% change year-on-year +60.11% -13.97% +2.49%

Derivative
Job Vacancy Trend in the West Midlands

Job postings citing Derivative as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Derivative in the West Midlands

Derivative
Contractor Daily Rate Trend in the West Midlands

3-month moving average daily rate quoted in jobs citing Derivative in the West Midlands.

Daily rate trend for Derivative in the West Midlands