Financial
UK
The table below looks at the prevalence of the term Finance in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Finance over the 6 months to 29 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 29 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 2 | 2 | 2 |
| Rank change year-on-year | 0 | 0 | +1 |
| Contract jobs citing Finance | 8,058 | 12,043 | 18,018 |
| As % of all contract jobs advertised in the UK | 18.78% | 21.45% | 20.57% |
| As % of the General category | 32.59% | 36.62% | 36.26% |
| Number of daily rates quoted | 5,395 | 8,577 | 12,763 |
| 10th Percentile | £350 | £400 | £381 |
| 25th Percentile | £463 | £495 | £469 |
| Median daily rate (50th Percentile) | £575 | £600 | £575 |
| Median % change year-on-year | -4.17% | +4.35% | +9.52% |
| 75th Percentile | £713 | £725 | £675 |
| 90th Percentile | £825 | £825 | £775 |
| UK excluding London median daily rate | £500 | £525 | £500 |
| % change year-on-year | -4.76% | +5.00% | +11.11% |
| Number of hourly rates quoted | 257 | 107 | 149 |
| 10th Percentile | £12.75 | £18.50 | £13.33 |
| 25th Percentile | £15.00 | £21.28 | £21.00 |
| Median hourly rate | £26.97 | £27.98 | £35.00 |
| Median % change year-on-year | -3.61% | -20.06% | +60.92% |
| 75th Percentile | £38.12 | £51.88 | £49.25 |
| 90th Percentile | £56.25 | £71.00 | £53.15 |
| UK excluding London median hourly rate | £28.00 | £47.50 | £31.00 |
| % change year-on-year | -41.05% | +53.23% | +77.14% |
All General Skills
UK
Finance is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.
| Contract vacancies with a requirement for common skills | 24,727 | 32,883 | 49,686 |
| As % of all contract IT jobs advertised in the UK | 57.62% | 58.56% | 56.72% |
| Number of daily rates quoted | 15,561 | 22,792 | 34,447 |
| 10th Percentile | £275 | £313 | £324 |
| 25th Percentile | £413 | £440 | £426 |
| Median daily rate (50th Percentile) | £525 | £550 | £540 |
| Median % change year-on-year | -4.55% | +1.85% | +8.00% |
| 75th Percentile | £650 | £675 | £650 |
| 90th Percentile | £763 | £775 | £750 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +8.57% |
| Number of hourly rates quoted | 1,973 | 991 | 1,415 |
| 10th Percentile | £12.78 | £13.41 | £12.50 |
| 25th Percentile | £15.50 | £17.56 | £15.00 |
| Median hourly rate | £30.00 | £32.50 | £22.50 |
| Median % change year-on-year | -7.69% | +44.44% | +2.27% |
| 75th Percentile | £52.50 | £61.25 | £47.25 |
| 90th Percentile | £66.74 | £72.50 | £59.23 |
| UK excluding London median hourly rate | £28.00 | £27.84 | £19.50 |
| % change year-on-year | +0.57% | +42.77% | +0.31% |
Finance
Job Vacancy Trend
Job postings citing Finance as a proportion of all IT jobs advertised.
Finance
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Finance.
Finance
Daily Rate Histogram
Daily rate distribution for jobs citing Finance over the 6 months to 29 May 2024.
Finance
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Finance.
Finance
Hourly Rate Histogram
Hourly rate distribution of jobs citing Finance over the 6 months to 29 May 2024.
Finance
Top 18 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Finance 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 | -1 | 7,050 | £590 | -1.67% | 6,403 |
| London | 0 | 4,681 | £600 | -4.76% | 3,003 |
| Work from Home | +1 | 3,288 | £600 | - | 2,956 |
| UK excluding London | +1 | 2,583 | £500 | -4.76% | 3,601 |
| South East | -4 | 652 | £500 | -4.76% | 827 |
| North of England | +2 | 634 | £500 | -8.17% | 978 |
| Midlands | +4 | 382 | £548 | +9.50% | 613 |
| North West | +4 | 364 | £489 | -6.86% | 581 |
| Scotland | 0 | 361 | £475 | -5.00% | 324 |
| South West | +2 | 329 | £550 | -4.35% | 445 |
| West Midlands | +3 | 263 | £535 | +1.90% | 382 |
| Yorkshire | 0 | 246 | £500 | -9.09% | 276 |
| East of England | +1 | 192 | £500 | -1.96% | 309 |
| East Midlands | +8 | 110 | £550 | +15.79% | 230 |
| Northern Ireland | +2 | 29 | £450 | -5.26% | 76 |
| North East | +2 | 19 | £500 | -16.67% | 129 |
| Wales | -7 | 18 | £550 | +4.76% | 115 |
| Isle of Man | 0 | 7 | £388 | +96.20% | 6 |
Finance
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:
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