The table below looks at the statistics for GAAP 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 GAAP over the 3 months to 3 June 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
3 Jun 2015
Same period 2014 Same period 2013
Generally Accepted Accounting Principles (GAAP)
Rank 192 204 206
Rank change year-on-year
+12 +2
Contract jobs citing GAAP 3 1 1
As % of all contract IT jobs located in the City of London 0.055% 0.017% 0.016%
As % of the Quality Assurance & Compliance category 0.67% 0.18% 0.17%
Number of daily rates quoted 3 0 1
Average daily rate
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£455 - £185
UK excluding London average daily rate £388 - £493
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £17.00 £26.50
% change year-on-year
- -35.84%
GAAP
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
445 556 603
As % of all contract IT jobs located in the City of London 8.09% 9.31% 9.35%
Number of daily rates quoted 341 404 464
Average daily rate £488 £475 £475
Average daily rate % change year-on-year
+2.63% -
90% offered a daily rate of more than £325 £290 £313
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 7 13
Average hourly rate £17.50 £25.00 £135.00
Average hourly rate % change year-on-year
-30.00% -81.48%
UK excluding London average hourly rate £21.55 £21.00 £19.00
% change year-on-year
+2.61% +10.52%

GAAP
Jobs Demand Trend in the City of London

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

GAAP Jobs Demand Trend in the City of London

GAAP
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 GAAP across the City of London region.

GAAP Daily Rate Trend in the City of London

GAAP
Top 30 Related IT Skills in the City of London

For the 6 months to 3 June 2015, IT contractor jobs across the City of London region citing GAAP 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 GAAP.

1 13 (100.00%) Finance
2 9 (69.23%) PL/SQL
2 9 (69.23%) SQL
3 8 (61.54%) Cognos
4 7 (53.85%) Sun
4 7 (53.85%) Solvency II
4 7 (53.85%) Analytical Skills
5 6 (46.15%) Data Cleansing
5 6 (46.15%) Cognos TM1
5 6 (46.15%) Cognos Business Intelligence
5 6 (46.15%) Data Warehouse
5 6 (46.15%) Business Intelligence
6 5 (38.46%) Migration
6 5 (38.46%) ISTQB Advanced Certification
6 5 (38.46%) ISTQB
6 5 (38.46%) Data Migration
7 4 (30.77%) Data Mart
7 4 (30.77%) IBM
8 3 (23.08%) User Acceptance Testing
9 2 (15.38%) Cognos Controller
9 2 (15.38%) Data Mining
10 1 (7.69%) Hyperion
10 1 (7.69%) JD Edwards
10 1 (7.69%) ETL
10 1 (7.69%) FTP
10 1 (7.69%) Data Modelling
10 1 (7.69%) Oracle
10 1 (7.69%) QA
10 1 (7.69%) General Ledger
10 1 (7.69%) Investment Management

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

For the 6 months to 3 June 2015, IT contractor jobs across the City of London region citing GAAP 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 GAAP. Up to 20 skills are shown per category.

Business Applications
1 6 (46.15%) Cognos TM1
1 6 (46.15%) Cognos Business Intelligence
2 2 (15.38%) Cognos Controller
Communications & Networking
1 1 (7.69%) FTP
Database & Business Intelligence
1 6 (46.15%) Data Warehouse
2 4 (30.77%) Data Mart
3 2 (15.38%) Data Mining
General
1 13 (100.00%) Finance
2 1 (7.69%) General Ledger
Job Titles
1 11 (84.62%) Analyst
2 9 (69.23%) Test Analyst
3 2 (15.38%) Consultant
3 2 (15.38%) Data Consultant
3 2 (15.38%) Financial Analyst
4 1 (7.69%) Business Analyst
4 1 (7.69%) QA Analyst
Miscellaneous
1 7 (53.85%) Analytical Skills
Processes & Methodologies
1 6 (46.15%) Business Intelligence
1 6 (46.15%) Data Cleansing
2 5 (38.46%) Migration
2 5 (38.46%) Data Migration
3 3 (23.08%) User Acceptance Testing
4 1 (7.69%) Investment Management
4 1 (7.69%) Stakeholder Engagement
4 1 (7.69%) Data Modelling
4 1 (7.69%) ETL
Programming Languages
1 9 (69.23%) PL/SQL
1 9 (69.23%) SQL
Qualifications
1 5 (38.46%) ISTQB
1 5 (38.46%) ISTQB Advanced Certification
Quality Assurance & Compliance
1 7 (53.85%) Solvency II
2 1 (7.69%) QA
Vendors
1 8 (61.54%) Cognos
2 7 (53.85%) Sun
3 4 (30.77%) IBM
4 1 (7.69%) Hyperion
4 1 (7.69%) JD Edwards
4 1 (7.69%) Oracle
City of London
Orgtel
Rate: £400 per day + competitive
Posted: 20 days ago