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 29 May 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
29 May 2024
Same period 2023 Same period 2022
Rank 43 41 34
Rank change year-on-year -2 -7 +19
Contract jobs requiring a Business Analyst 1,810 2,902 5,333
As % of all contract jobs advertised in the UK 4.22% 5.17% 6.09%
As % of the Job Titles category 4.54% 5.46% 6.38%
Number of daily rates quoted 1,264 2,125 3,965
10th Percentile £375 £400 £380
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +8.70%
75th Percentile £619 £600 £588
90th Percentile £712 £703 £665
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 15
10th Percentile - £20.60 £18.70
25th Percentile £20.77 £27.98 £22.09
Median hourly rate £28.00 £62.50 £26.27
Median % change year-on-year -55.20% +137.91% -33.49%
75th Percentile £50.00 £65.00 £42.63
90th Percentile £69.40 £69.00 £53.45
UK excluding London median hourly rate £20.77 £63.75 £22.09
% change year-on-year -67.42% +188.59% -4.80%

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 39,824 53,123 83,534
% of contract IT jobs with a recognized job title 92.80% 94.61% 95.36%
Number of daily rates quoted 25,845 37,082 58,755
10th Percentile £280 £313 £313
25th Percentile £410 £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% +10.47%
Number of hourly rates quoted 2,796 1,480 1,998
10th Percentile £12.81 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £24.00
Median % change year-on-year -16.67% +87.50% +6.90%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £73.75 £76.28 £65.00
UK excluding London median hourly rate £40.00 £43.00 £20.00
% change year-on-year -6.98% +115.00% +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 29 May 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 29 May 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 29 May 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 1,556 £538 +2.38% 366
London 0 1,049 £575 +2.22% 197
Work from Home +4 746 £550 +7.06% 170
UK excluding London -20 580 £450 -5.26% 183
North of England -9 187 £475 - 62
South East -36 116 £475 -2.06% 37
Scotland +8 102 £450 +4.65% 15
North West -7 100 £475 - 35
Midlands -33 79 £440 -7.37% 33
Yorkshire -14 76 £475 -5.00% 23
East of England -2 51 £425 -12.82% 11
West Midlands -34 51 £450 -5.76% 21
South West -33 38 £495 -9.17% 15
East Midlands +7 26 £425 -8.11% 12
North East +4 10 £425 -11.92% 4
Wales +5 7 £420 -11.58% 3
Northern Ireland -6 3 £400 -5.88% 8

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

For the 6 months to 29 May 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.

1 551 (30.44%) Finance
2 497 (27.46%) Agile
3 485 (26.80%) Social Skills
4 440 (24.31%) Business Analysis
5 315 (17.40%) Requirements Gathering
6 308 (17.02%) Stakeholder Management
7 274 (15.14%) User Stories
8 245 (13.54%) Banking
9 229 (12.65%) Analytical Skills
10 201 (11.10%) Degree
11 197 (10.88%) SQL
12 190 (10.50%) Problem-Solving
13 165 (9.12%) Workshop Facilitation
14 161 (8.90%) Project Management
15 159 (8.78%) User Acceptance Testing
16 149 (8.23%) Migration
17 139 (7.68%) Data Analysis
17 139 (7.68%) Public Sector
18 138 (7.62%) Product Ownership
19 133 (7.35%) GAP Analysis
20 132 (7.29%) Acceptance Criteria
21 125 (6.91%) Change Management
22 124 (6.85%) JIRA
23 122 (6.74%) Scrum
24 112 (6.19%) Use Case
24 112 (6.19%) Azure
25 109 (6.02%) ERP
26 106 (5.86%) Security Cleared
27 104 (5.75%) Business Intelligence
28 103 (5.69%) Microsoft

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 (3.81%) Confluence
2 33 (1.82%) SharePoint
3 10 (0.55%) MTS
4 6 (0.33%) Adobe Experience Manager
5 5 (0.28%) Apache
5 5 (0.28%) ArcGIS
5 5 (0.28%) 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 80 (4.42%) Microsoft Excel
2 79 (4.36%) MS Visio
3 51 (2.82%) Microsoft PowerPoint
4 39 (2.15%) Microsoft Office
5 8 (0.44%) Spreadsheet
6 4 (0.22%) Chatbot
6 4 (0.22%) Microsoft Project
7 3 (0.17%) Trello
8 1 (0.055%) SPSS
Business Applications
1 43 (2.38%) Endur
2 21 (1.16%) Aligne
2 21 (1.16%) Loan IQ
3 16 (0.88%) SAP S/4HANA
4 15 (0.83%) Dynamics CRM
5 13 (0.72%) Aladdin
6 10 (0.55%) EuroRunner
7 9 (0.50%) ION MarketView
8 7 (0.39%) Maximo
9 6 (0.33%) SAP PM
10 5 (0.28%) NetSuite
10 5 (0.28%) Oracle Financials
10 5 (0.28%) SAP Hybris
11 4 (0.22%) SAP ERP
11 4 (0.22%) SAP MDG
11 4 (0.22%) Shopify
12 3 (0.17%) Oracle Procure-to-Pay
12 3 (0.17%) Workday HCM
13 2 (0.11%) iTrent
13 2 (0.11%) Remedy ITSM
Cloud Services
1 112 (6.19%) Azure
2 88 (4.86%) Power Platform
3 66 (3.65%) AWS
4 40 (2.21%) SaaS
5 31 (1.71%) Azure DevOps
6 23 (1.27%) Dynamics 365
7 13 (0.72%) SuccessFactors
8 12 (0.66%) Microsoft 365
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 4 (0.22%) Internet
5 3 (0.17%) NAS
5 3 (0.17%) SD-WAN
6 2 (0.11%) 4G
6 2 (0.11%) 5G
6 2 (0.11%) Firewall
6 2 (0.11%) Intranet
6 2 (0.11%) WinSCP
7 1 (0.055%) Ethernet
7 1 (0.055%) Intrusion Detection
7 1 (0.055%) LTE
7 1 (0.055%) MPLS
7 1 (0.055%) Network Security
7 1 (0.055%) Reverse Proxy
7 1 (0.055%) TCP/IP
7 1 (0.055%) Wi-Fi
7 1 (0.055%) Wireless
Database & Business Intelligence
1 83 (4.59%) Power BI
2 28 (1.55%) Data Warehouse
3 17 (0.94%) Relational Database
3 17 (0.94%) Tableau
4 10 (0.55%) NoSQL
4 10 (0.55%) SQL Server Integration Services
5 9 (0.50%) Big Data
5 9 (0.50%) Metadata
6 8 (0.44%) Data Lake
6 8 (0.44%) Geospatial Data
6 8 (0.44%) SAP HANA
7 7 (0.39%) SQL Server
8 5 (0.28%) BusinessObjects Business Intelligence
8 5 (0.28%) Electronic Patient Records
9 4 (0.22%) GIS
9 4 (0.22%) RDBMS
9 4 (0.22%) SQL Server Analysis Services
9 4 (0.22%) SQL Server Reporting Services
10 3 (0.17%) Data Mart
10 3 (0.17%) DataStage
Development Applications
1 124 (6.85%) JIRA
2 14 (0.77%) 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
1 551 (30.44%) Finance
2 485 (26.80%) Social Skills
3 245 (13.54%) Banking
4 229 (12.65%) Analytical Skills
5 139 (7.68%) Public Sector
6 102 (5.64%) Front Office
7 93 (5.14%) Inclusion and Diversity
8 76 (4.20%) Investment Banking
9 72 (3.98%) Manufacturing
10 67 (3.70%) Presentation Skills
11 55 (3.04%) Retail
12 43 (2.38%) Back Office
13 41 (2.27%) Marketing
14 39 (2.15%) Influencing Skills
15 36 (1.99%) Pharmaceutical
16 28 (1.55%) Legal
17 27 (1.49%) Telecoms
18 24 (1.33%) Local Government
19 18 (0.99%) Documentation Skills
20 17 (0.94%) Organisational Skills
Libraries, Frameworks & Software Standards
1 24 (1.33%) 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
1 138 (7.62%) Product Ownership
2 66 (3.65%) Derivative
3 59 (3.26%) Fixed Income
4 56 (3.09%) Foreign Exchange (FX)
5 50 (2.76%) Equities
6 38 (2.10%) Onboarding
7 37 (2.04%) Hedge funds
8 30 (1.66%) Management Information System
9 29 (1.60%) SWIFT Messaging Network
10 26 (1.44%) Renewable Energy
11 25 (1.38%) Data Protection Act
11 25 (1.38%) Mobile App
12 24 (1.33%) Reinsurance
13 18 (0.99%) Self-Motivation
14 14 (0.77%) Greenfield Project
14 14 (0.77%) IoT
14 14 (0.77%) Market Risk
14 14 (0.77%) Solar Panel
15 12 (0.66%) Legacy Systems
16 11 (0.61%) Analytical Mindset
Operating Systems
1 19 (1.05%) Windows
2 16 (0.88%) Unix
3 6 (0.33%) 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
1 497 (27.46%) Agile
2 440 (24.31%) Business Analysis
3 315 (17.40%) Requirements Gathering
4 308 (17.02%) Stakeholder Management
5 274 (15.14%) User Stories
6 190 (10.50%) Problem-Solving
7 165 (9.12%) Workshop Facilitation
8 161 (8.90%) Project Management
9 159 (8.78%) User Acceptance Testing
10 149 (8.23%) Migration
11 139 (7.68%) Data Analysis
12 133 (7.35%) GAP Analysis
13 132 (7.29%) Acceptance Criteria
14 125 (6.91%) Change Management
15 122 (6.74%) Scrum
16 112 (6.19%) Use Case
17 109 (6.02%) ERP
18 104 (5.75%) Business Intelligence
19 99 (5.47%) Asset Management
19 99 (5.47%) Process Improvement
Programming Languages
1 197 (10.88%) SQL
2 55 (3.04%) Python
3 22 (1.22%) Java
4 18 (0.99%) 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 (11.10%) Degree
2 106 (5.86%) Security Cleared
3 84 (4.64%) SC Cleared
4 26 (1.44%) BPSS Clearance
5 22 (1.22%) CBAP
6 20 (1.10%) 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 (4.59%) QA
2 47 (2.60%) Data Quality
3 36 (1.99%) GDPR
4 35 (1.93%) EMIR
5 34 (1.88%) MiFID
6 22 (1.22%) GxP
7 19 (1.05%) Good Clinical Practice
7 19 (1.05%) SEPA
8 16 (0.88%) PMO
9 14 (0.77%) PCI DSS
10 12 (0.66%) Dodd-Frank
11 9 (0.50%) ISO 20022
12 6 (0.33%) Actionable Recommendations
12 6 (0.33%) ISO/IEC 27001
13 4 (0.22%) Accessibility
13 4 (0.22%) Disclosure Scotland
13 4 (0.22%) NIST
13 4 (0.22%) SLA
14 3 (0.17%) Basel III
14 3 (0.17%) GRC
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
1 103 (5.69%) Microsoft
2 96 (5.30%) SAP
3 51 (2.82%) Oracle
4 49 (2.71%) Salesforce
5 41 (2.27%) Bloomberg
6 39 (2.15%) ServiceNow
7 18 (0.99%) OpenLink
8 15 (0.83%) ION Trading
9 13 (0.72%) Adobe
9 13 (0.72%) Guidewire
9 13 (0.72%) Workday
10 12 (0.66%) BISAM
10 12 (0.66%) MarketAxess
10 12 (0.66%) Murex
10 12 (0.66%) Tradeweb
11 9 (0.50%) Cadence
11 9 (0.50%) Google
11 9 (0.50%) Refinitiv
12 8 (0.44%) Ariba
13 7 (0.39%) Calypso