The table below looks at the statistics for COREP skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 29 May 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
29 May 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 184 196 206
Rank change year-on-year
+12 +10
Contract jobs citing COREP 7 9 5
As % of all contract IT jobs located in the City of London 0.13% 0.15% 0.077%
As % of the Quality Assurance & Compliance category 1.57% 1.63% 0.84%
Number of daily rates quoted 5 7 3
Average daily rate
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of your Daily Rate
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£600 £488 £525
Average daily rate % change year-on-year
+23.07% -7.14%
90% offered a daily rate of more than £453 £415 £385
10% offered a daily rate of more than £690 £560 £565
UK excluding London average daily rate £550 £501 £513
% change year-on-year
+9.89% -2.34%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
COREP
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
445 551 598
As % of all contract IT jobs located in the City of London 8.24% 9.25% 9.15%
Number of daily rates quoted 341 403 456
Average daily rate £488 £470 £475
Average daily rate % change year-on-year
+3.72% -1.05%
90% offered a daily rate of more than £338 £290 £315
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 5 6 13
Average hourly rate £17.50 £21.25 £135.00
Average hourly rate % change year-on-year
-17.64% -84.25%
UK excluding London average hourly rate £21.55 £21.00 £18.50
% change year-on-year
+2.61% +13.51%

COREP
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing COREP across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in the City of London

COREP
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing COREP across the City of London region.

COREP Daily Rate Trend in the City of London

COREP
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP across the City of London region over the 3 months to 29 May 2015.

COREP Daily Rate Histogram in the City of London

COREP
Top 30 Related IT Skills in the City of London

For the 6 months to 29 May 2015, IT contractor jobs across the City of London region citing COREP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited COREP.

1 9 (81.82%) Finance
2 5 (45.45%) Oracle
2 5 (45.45%) Back Office
2 5 (45.45%) Banking
2 5 (45.45%) Investment Banking
2 5 (45.45%) General Ledger
2 5 (45.45%) FINREP
2 5 (45.45%) Technical Analysis
3 4 (36.36%) HP Quality Center
4 3 (27.27%) SQL
4 3 (27.27%) IT Governance
4 3 (27.27%) XBRL
4 3 (27.27%) UNIX
4 3 (27.27%) Linux
5 2 (18.18%) OOP
5 2 (18.18%) Oracle Reports
5 2 (18.18%) Python
5 2 (18.18%) C#
5 2 (18.18%) C++
5 2 (18.18%) Java
5 2 (18.18%) Perl
5 2 (18.18%) PHP
5 2 (18.18%) HP
5 2 (18.18%) SQL Server
5 2 (18.18%) Sybase
5 2 (18.18%) ISTQB
5 2 (18.18%) Degree
5 2 (18.18%) JIRA
5 2 (18.18%) Computer Science
5 2 (18.18%) Market Risk

COREP
Top Related IT Skills in the City of London by Category

For the 6 months to 29 May 2015, IT contractor jobs across the City of London region citing COREP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited COREP. Up to 20 skills are shown per category.

Database & Business Intelligence
1 2 (18.18%) Oracle Reports
1 2 (18.18%) SQL Server
2 1 (9.09%) Data Warehouse
Development Applications
1 2 (18.18%) JIRA
1 2 (18.18%) Subversion
General
1 9 (81.82%) Finance
2 5 (45.45%) Back Office
2 5 (45.45%) Banking
2 5 (45.45%) Investment Banking
2 5 (45.45%) General Ledger
3 2 (18.18%) Telecoms
Job Titles
1 6 (54.55%) Business Analyst
1 6 (54.55%) Analyst
2 3 (27.27%) Senior Developer
2 3 (27.27%) Developer
3 2 (18.18%) Banking Business Analyst
3 2 (18.18%) Test Leader
Libraries, Frameworks & Software Standards
1 3 (27.27%) XBRL
Miscellaneous
1 2 (18.18%) Computer Science
1 2 (18.18%) Market Risk
1 2 (18.18%) Analytical Skills
Operating Systems
1 3 (27.27%) UNIX
1 3 (27.27%) Linux
Processes & Methodologies
1 5 (45.45%) Technical Analysis
2 3 (27.27%) IT Governance
3 2 (18.18%) OOP
3 2 (18.18%) User Acceptance Testing
3 2 (18.18%) Test Scripting
3 2 (18.18%) Continuous Integration
3 2 (18.18%) System Testing
3 2 (18.18%) Data Migration
3 2 (18.18%) Data Validation
3 2 (18.18%) Data Analysis
3 2 (18.18%) Validation
3 2 (18.18%) Migration
3 2 (18.18%) Agile Software Development
3 2 (18.18%) Performance Tuning
3 2 (18.18%) Automated Testing
3 2 (18.18%) Waterfall
3 2 (18.18%) SDLC
4 1 (9.09%) Quantitative Risk Management
4 1 (9.09%) Data Mapping
4 1 (9.09%) Business Intelligence
Programming Languages
1 3 (27.27%) SQL
2 2 (18.18%) Python
2 2 (18.18%) C#
2 2 (18.18%) C++
2 2 (18.18%) Java
2 2 (18.18%) Perl
2 2 (18.18%) PHP
Qualifications
1 2 (18.18%) ISTQB
1 2 (18.18%) Degree
1 2 (18.18%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 5 (45.45%) FINREP
2 2 (18.18%) CRD IV
Systems Management
1 4 (36.36%) HP Quality Center
Vendors
1 5 (45.45%) Oracle
2 2 (18.18%) HP
2 2 (18.18%) Sybase
3 1 (9.09%) WorldPay