Business Analyst Contracts

Business Analyst (BA)
UK

The median Business Analyst (BA) daily rate in the UK is £525 according to job vacancies posted during the 6 months to 2 June 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 42 41 34
Rank change year-on-year -1 -7 +20
Contract jobs requiring a Business Analyst 1,806 2,898 5,348
As % of all contract jobs advertised in the UK 4.19% 5.14% 6.09%
As % of the Job Titles category 4.51% 5.43% 6.39%
Number of daily rates quoted 1,268 2,126 3,986
10th Percentile £375 £400 £381
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +8.11%
75th Percentile £619 £602 £588
90th Percentile £712 £713 £670
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 9 13 14
10th Percentile - £20.60 £18.65
25th Percentile £20.77 £27.98 £21.94
Median hourly rate £28.00 £62.50 £26.14
Median % change year-on-year -55.20% +139.14% -43.80%
75th Percentile £50.00 £65.00 £43.06
90th Percentile £69.40 £69.00 £53.53
UK excluding London median hourly rate £20.77 £63.75 £22.09
% change year-on-year -67.42% +188.59% -5.64%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 40,001 53,325 83,708
% of contract IT jobs with a recognized job title 92.83% 94.58% 95.35%
Number of daily rates quoted 25,880 37,256 59,003
10th Percentile £280 £313 £315
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +9.45%
Number of hourly rates quoted 2,851 1,473 1,957
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +14.34%
75th Percentile £61.60 £65.75 £49.41
90th Percentile £73.75 £76.45 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Business Analyst
Job Vacancy Trend

Job postings that featured Business Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Business Analyst in the UK

Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Business Analyst.

Daily rate trend for Business Analyst in the UK

Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Business Analyst over the 6 months to 2 June 2024.

Daily rate histogram for Business Analyst in the UK

Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Business Analyst.

Hourly rate trend for Business Analyst in the UK

Business Analyst
Hourly Rate Histogram

Hourly rate distribution of jobs citing Business Analyst over the 6 months to 2 June 2024.

Hourly rate histogram for Business Analyst in the UK

Business Analyst
Top 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Analyst within the UK over the 6 months to 2 June 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England -5 1,554 £538 +2.38% 290
London -1 1,049 £575 +1.77% 165
Work from Home +2 749 £550 +7.32% 135
UK excluding London -21 577 £450 -5.26% 135
North of England -8 188 £475 - 46
South East -31 116 £475 -2.06% 25
Scotland +13 100 £450 +4.65% 13
North West -6 99 £475 - 26
Midlands -31 78 £445 -6.32% 24
Yorkshire -8 77 £475 -5.00% 17
East of England -3 50 £425 -12.82% 10
West Midlands -41 50 £450 -5.76% 14
South West -31 38 £495 -5.71% 11
East Midlands +6 26 £425 -8.11% 10
North East +7 11 £375 -22.28% 3
Wales +6 7 £420 -11.58% 1
Northern Ireland -8 3 £400 -5.88% 6

Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 June 2024, Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Business Analyst in the job title.

1 550 (30.45%) Finance
2 500 (27.69%) Agile
3 485 (26.85%) Social Skills
4 443 (24.53%) Business Analysis
5 316 (17.50%) Requirements Gathering
6 311 (17.22%) Stakeholder Management
7 278 (15.39%) User Stories
8 247 (13.68%) Banking
9 229 (12.68%) Analytical Skills
10 201 (11.13%) Degree
11 196 (10.85%) SQL
12 191 (10.58%) Problem-Solving
13 163 (9.03%) Project Management
13 163 (9.03%) Workshop Facilitation
14 159 (8.80%) User Acceptance Testing
15 150 (8.31%) Migration
16 141 (7.81%) Public Sector
17 140 (7.75%) Product Ownership
18 138 (7.64%) GAP Analysis
19 134 (7.42%) Acceptance Criteria
20 132 (7.31%) Data Analysis
21 124 (6.87%) JIRA
21 124 (6.87%) Change Management
22 123 (6.81%) Scrum
23 111 (6.15%) Use Case
23 111 (6.15%) Azure
24 109 (6.04%) ERP
25 107 (5.92%) Security Cleared
26 102 (5.65%) Business Intelligence
27 101 (5.59%) Front Office

Business Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 69 (3.82%) Confluence
2 33 (1.83%) SharePoint
3 8 (0.44%) MTS
4 6 (0.33%) Adobe Experience Manager
4 6 (0.33%) Apache
5 5 (0.28%) ArcGIS
6 4 (0.22%) CMS
6 4 (0.22%) Microsoft Exchange
7 3 (0.17%) SAS
8 2 (0.11%) Apache Spark
8 2 (0.11%) LiveLink
9 1 (0.055%) Alfresco
9 1 (0.055%) Apache Airflow
9 1 (0.055%) Camunda
Applications
1 79 (4.37%) MS Visio
2 77 (4.26%) Microsoft Excel
3 50 (2.77%) Microsoft PowerPoint
4 39 (2.16%) Microsoft Office
5 8 (0.44%) Spreadsheet
6 4 (0.22%) Chatbot
6 4 (0.22%) Microsoft Project
6 4 (0.22%) Trello
7 1 (0.055%) SPSS
Business Applications
1 41 (2.27%) Endur
2 21 (1.16%) Loan IQ
3 19 (1.05%) Aligne
4 17 (0.94%) SAP S/4HANA
5 15 (0.83%) Dynamics CRM
6 13 (0.72%) Aladdin
7 9 (0.50%) ION MarketView
8 8 (0.44%) EuroRunner
9 7 (0.39%) Maximo
10 6 (0.33%) SAP PM
11 5 (0.28%) NetSuite
11 5 (0.28%) Oracle Financials
11 5 (0.28%) SAP Hybris
12 4 (0.22%) SAP ERP
12 4 (0.22%) SAP MDG
12 4 (0.22%) Shopify
13 3 (0.17%) SAP CO
13 3 (0.17%) SAP FI
13 3 (0.17%) SAP FI/CO
13 3 (0.17%) Workday HCM
Cloud Services
1 111 (6.15%) Azure
2 87 (4.82%) Power Platform
3 66 (3.65%) AWS
4 40 (2.21%) SaaS
5 30 (1.66%) Azure DevOps
6 23 (1.27%) Dynamics 365
7 13 (0.72%) Microsoft 365
8 12 (0.66%) SuccessFactors
9 9 (0.50%) Miro
10 8 (0.44%) Collibra
10 8 (0.44%) SAP Commerce Cloud
11 7 (0.39%) Lucidchart
12 6 (0.33%) Cloud Computing
12 6 (0.33%) Entra ID
12 6 (0.33%) Google Analytics
12 6 (0.33%) OCI
12 6 (0.33%) PaaS
12 6 (0.33%) Salesforce Commerce Cloud
13 5 (0.28%) Adobe Analytics
14 4 (0.22%) IBM Blueworks
Communications & Networking
1 13 (0.72%) FIX Connectivity
2 7 (0.39%) WAN
3 6 (0.33%) Radio Access Network
4 3 (0.17%) Internet
4 3 (0.17%) NAS
4 3 (0.17%) SD-WAN
5 2 (0.11%) 4G
5 2 (0.11%) 5G
5 2 (0.11%) Firewall
5 2 (0.11%) Intranet
5 2 (0.11%) WinSCP
6 1 (0.055%) Ethernet
6 1 (0.055%) Intrusion Detection
6 1 (0.055%) LTE
6 1 (0.055%) MPLS
6 1 (0.055%) Network Security
6 1 (0.055%) Reverse Proxy
6 1 (0.055%) TCP/IP
6 1 (0.055%) Wi-Fi
Database & Business Intelligence
1 82 (4.54%) Power BI
2 28 (1.55%) Data Warehouse
3 18 (1.00%) Tableau
4 16 (0.89%) Relational Database
5 10 (0.55%) Big Data
5 10 (0.55%) NoSQL
5 10 (0.55%) SQL Server Integration Services
6 9 (0.50%) Data Lake
6 9 (0.50%) Metadata
7 8 (0.44%) Geospatial Data
7 8 (0.44%) SAP HANA
8 7 (0.39%) SQL Server
9 5 (0.28%) BusinessObjects Business Intelligence
9 5 (0.28%) Electronic Patient Records
10 4 (0.22%) Apache Arrow
10 4 (0.22%) Dremio
10 4 (0.22%) GIS
10 4 (0.22%) RDBMS
10 4 (0.22%) SQL Server Analysis Services
10 4 (0.22%) SQL Server Reporting Services
Development Applications
1 124 (6.87%) JIRA
2 14 (0.78%) Eclipse
3 11 (0.61%) Postman
3 11 (0.61%) SoapUI
4 10 (0.55%) TeamCity
5 7 (0.39%) PyCharm
6 1 (0.055%) Balsamiq
6 1 (0.055%) Visual Studio Team System
General
1 550 (30.45%) Finance
2 485 (26.85%) Social Skills
3 247 (13.68%) Banking
4 229 (12.68%) Analytical Skills
5 141 (7.81%) Public Sector
6 101 (5.59%) Front Office
7 93 (5.15%) Inclusion and Diversity
8 78 (4.32%) Investment Banking
9 71 (3.93%) Manufacturing
10 66 (3.65%) Presentation Skills
11 53 (2.93%) Retail
12 42 (2.33%) Back Office
12 42 (2.33%) Marketing
13 40 (2.21%) Influencing Skills
14 36 (1.99%) Pharmaceutical
15 27 (1.50%) Telecoms
16 26 (1.44%) Legal
17 24 (1.33%) Local Government
18 18 (1.00%) Documentation Skills
18 18 (1.00%) Organisational Skills
Libraries, Frameworks & Software Standards
1 23 (1.27%) XML
2 19 (1.05%) FIX Protocol
3 12 (0.66%) JSON
4 10 (0.55%) SOAP
4 10 (0.55%) Web Services
5 7 (0.39%) .NET
5 7 (0.39%) Oracle Fusion
5 7 (0.39%) SAP PI
6 5 (0.28%) SailPoint
7 4 (0.22%) ADO
7 4 (0.22%) OAuth
7 4 (0.22%) VML
8 3 (0.17%) HTML
9 2 (0.11%) JSON Schema
9 2 (0.11%) Middleware
9 2 (0.11%) OAuth2
9 2 (0.11%) OpenID
9 2 (0.11%) React
9 2 (0.11%) SwiftUI
10 1 (0.055%) PySpark
Miscellaneous
1 140 (7.75%) Product Ownership
2 67 (3.71%) Derivative
3 59 (3.27%) Fixed Income
4 57 (3.16%) Foreign Exchange (FX)
5 50 (2.77%) Equities
6 39 (2.16%) Onboarding
7 37 (2.05%) Hedge funds
8 31 (1.72%) Management Information System
9 29 (1.61%) SWIFT Messaging Network
10 25 (1.38%) Mobile App
10 25 (1.38%) Reinsurance
10 25 (1.38%) Renewable Energy
11 24 (1.33%) Data Protection Act
12 18 (1.00%) Self-Motivation
13 16 (0.89%) Greenfield Project
14 13 (0.72%) IoT
14 13 (0.72%) Legacy Systems
14 13 (0.72%) Solar Panel
15 12 (0.66%) Market Risk
15 12 (0.66%) NHS
Operating Systems
1 19 (1.05%) Windows
2 16 (0.89%) Unix
3 5 (0.28%) Apple iOS
4 4 (0.22%) Windows 10
4 4 (0.22%) Windows Server
5 3 (0.17%) Android
5 3 (0.17%) Mac OS
5 3 (0.17%) VMS
6 2 (0.11%) Linux
6 2 (0.11%) Windows 7
6 2 (0.11%) Windows Server 2008
6 2 (0.11%) Windows Server 2012
Processes & Methodologies
1 500 (27.69%) Agile
2 443 (24.53%) Business Analysis
3 316 (17.50%) Requirements Gathering
4 311 (17.22%) Stakeholder Management
5 278 (15.39%) User Stories
6 191 (10.58%) Problem-Solving
7 163 (9.03%) Project Management
7 163 (9.03%) Workshop Facilitation
8 159 (8.80%) User Acceptance Testing
9 150 (8.31%) Migration
10 138 (7.64%) GAP Analysis
11 134 (7.42%) Acceptance Criteria
12 132 (7.31%) Data Analysis
13 124 (6.87%) Change Management
14 123 (6.81%) Scrum
15 111 (6.15%) Use Case
16 109 (6.04%) ERP
17 102 (5.65%) Business Intelligence
18 96 (5.32%) Asset Management
19 95 (5.26%) Process Improvement
Programming Languages
1 196 (10.85%) SQL
2 56 (3.10%) Python
3 22 (1.22%) Java
4 18 (1.00%) JavaScript
5 7 (0.39%) Groovy
6 6 (0.33%) C#
6 6 (0.33%) PL/SQL
7 5 (0.28%) XPath
7 5 (0.28%) XQuery
8 4 (0.22%) VBA
9 3 (0.17%) R
10 1 (0.055%) JCL
10 1 (0.055%) Shell Script
10 1 (0.055%) T-SQL
Qualifications
1 201 (11.13%) Degree
2 107 (5.92%) Security Cleared
3 85 (4.71%) SC Cleared
4 26 (1.44%) BPSS Clearance
5 22 (1.22%) CBAP
6 20 (1.11%) IIBA
7 11 (0.61%) DV Cleared
8 10 (0.55%) Master's Degree
9 9 (0.50%) ACCA
9 9 (0.50%) CIMA
9 9 (0.50%) ISEB
10 8 (0.44%) Computer Science Degree
11 7 (0.39%) Numerate Degree
12 6 (0.33%) PMI Certification
13 5 (0.28%) CSPO
13 5 (0.28%) Microsoft Certification
14 4 (0.22%) ITIL Certification
14 4 (0.22%) MBA
15 3 (0.17%) HNC
16 2 (0.11%) MCSD
Quality Assurance & Compliance
1 83 (4.60%) QA
2 47 (2.60%) Data Quality
3 35 (1.94%) EMIR
3 35 (1.94%) GDPR
4 34 (1.88%) MiFID
5 22 (1.22%) GxP
6 19 (1.05%) Good Clinical Practice
6 19 (1.05%) SEPA
7 16 (0.89%) PMO
8 14 (0.78%) PCI DSS
9 12 (0.66%) Dodd-Frank
10 9 (0.50%) ISO 20022
11 6 (0.33%) Actionable Recommendations
11 6 (0.33%) ISO/IEC 27001
12 4 (0.22%) Accessibility
12 4 (0.22%) NIST
12 4 (0.22%) SLA
13 3 (0.17%) Disclosure Scotland
13 3 (0.17%) GRC
13 3 (0.17%) PSD2
System Software
1 12 (0.66%) Active Directory
2 3 (0.17%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.055%) Hyper-V
4 1 (0.055%) Virtual Desktop
4 1 (0.055%) VMware Infrastructure
4 1 (0.055%) VMware NSX
4 1 (0.055%) vSphere
Systems Management
1 4 (0.22%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Microsoft Intune
2 2 (0.11%) Single Sign-On
3 1 (0.055%) SCCM
Vendors
1 100 (5.54%) Microsoft
2 96 (5.32%) SAP
3 51 (2.82%) Oracle
3 51 (2.82%) Salesforce
4 41 (2.27%) Bloomberg
5 39 (2.16%) ServiceNow
6 18 (1.00%) OpenLink
7 15 (0.83%) ION Trading
8 13 (0.72%) Adobe
8 13 (0.72%) Guidewire
9 12 (0.66%) BISAM
9 12 (0.66%) MarketAxess
9 12 (0.66%) Murex
9 12 (0.66%) Tradeweb
9 12 (0.66%) Workday
10 10 (0.55%) Cadence
11 9 (0.50%) Ariba
11 9 (0.50%) Google
11 9 (0.50%) Refinitiv
12 7 (0.39%) Pega