The table below looks at the statistics for Requirements Management 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 Requirements Management over the 3 months to 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Requirements Management
Rank 198 188 217
Rank change year-on-year
-10 +29
Contract jobs citing Requirements Management 10 11 9
As % of all contract IT jobs located in the City of London 0.17% 0.19% 0.13%
As % of the Processes & Methodologies category 0.22% 0.24% 0.16%
Number of daily rates quoted 5 7 6
Average daily rate
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£525 £500 £456
Average daily rate % change year-on-year
+5.00% +9.58%
90% offered a daily rate of more than £427 £412 £288
10% offered a daily rate of more than £550 £725 £525
UK excluding London average daily rate £400 £332 £355
% change year-on-year
+20.64% -6.60%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £41.00 £37.80 £37.80
% change year-on-year
+8.46% -
Requirements Management
London

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4608 4500 5541
As % of all contract IT jobs located in the City of London 78.70% 77.53% 78.16%
Number of daily rates quoted 3635 3349 4119
Average daily rate £470 £450 £450
Average daily rate % change year-on-year
+4.44% -
90% offered a daily rate of more than £325 £313 £313
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 42 43 95
Average hourly rate £21.30 £23.50 £28.00
Average hourly rate % change year-on-year
-9.36% -16.07%
90% offered a hourly rate of more than £13.00 £15.00 £17.50
10% offered a hourly rate of more than £47.50 £45.85 £52.50
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

Requirements Management
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Requirements Management across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Requirements Management Jobs Demand Trend in the City of London

Requirements Management
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 Requirements Management across the City of London region.

Requirements Management Daily Rate Trend in the City of London

Requirements Management
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Requirements Management across the City of London region over the 3 months to 31 July 2015.

Requirements Management Daily Rate Histogram in the City of London

Requirements Management
Top 30 Related IT Skills in the City of London

For the 6 months to 31 July 2015, IT contractor jobs across the City of London region citing Requirements Management 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 Requirements Management.

1 8 (38.10%) Business Analysis
2 6 (28.57%) Degree
2 6 (28.57%) Project Management
2 6 (28.57%) SharePoint
2 6 (28.57%) Data Modelling
3 5 (23.81%) Finance
3 5 (23.81%) Data Analysis
4 4 (19.05%) Banking
4 4 (19.05%) Business Intelligence
4 4 (19.05%) Analytics
4 4 (19.05%) Analytical Skills
5 3 (14.29%) Microsoft Power View
5 3 (14.29%) SaaS
5 3 (14.29%) Microsoft
5 3 (14.29%) PRINCE2 Certification
5 3 (14.29%) MS Project
5 3 (14.29%) MS Office
5 3 (14.29%) SQL
5 3 (14.29%) PRINCE2
5 3 (14.29%) Telecoms
5 3 (14.29%) Stakeholder Management
5 3 (14.29%) Investment Banking
5 3 (14.29%) Data Management
5 3 (14.29%) MS PowerPoint
5 3 (14.29%) Derivative
5 3 (14.29%) Use Case
6 2 (9.52%) Performance Management
6 2 (9.52%) Equity Derivative
6 2 (9.52%) Systems Analysis
6 2 (9.52%) Retail

Requirements Management
Top Related IT Skills in the City of London by Category

For the 6 months to 31 July 2015, IT contractor jobs across the City of London region citing Requirements Management 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 Requirements Management. Up to 20 skills are shown per category.

Application Platforms
1 6 (28.57%) SharePoint
Applications
1 3 (14.29%) MS Project
1 3 (14.29%) MS Office
1 3 (14.29%) MS PowerPoint
Cloud Services
1 3 (14.29%) SaaS
2 1 (4.76%) PaaS
Communications & Networking
1 2 (9.52%) Intranet
Database & Business Intelligence
1 3 (14.29%) Microsoft Power View
2 1 (4.76%) SQL Server
2 1 (4.76%) Data Warehouse
2 1 (4.76%) QlikView
General
1 5 (23.81%) Finance
2 4 (19.05%) Banking
3 3 (14.29%) Investment Banking
3 3 (14.29%) Telecoms
4 2 (9.52%) Retail
5 1 (4.76%) Retail Banking
Job Titles
1 11 (52.38%) Business Analyst
1 11 (52.38%) Analyst
2 4 (19.05%) Senior Analyst
2 4 (19.05%) Senior Business Analyst
3 3 (14.29%) Consultant
3 3 (14.29%) Technical Consultant
4 2 (9.52%) Business Systems Analyst
4 2 (9.52%) Systems Analyst
4 2 (9.52%) Telecoms Business Analyst
5 1 (4.76%) Equity Derivatives Business Analyst
5 1 (4.76%) Cloud Architect
5 1 (4.76%) Operations Manager
5 1 (4.76%) Developer
5 1 (4.76%) Architect
5 1 (4.76%) Project Manager
5 1 (4.76%) Technical Analyst
5 1 (4.76%) SQL Developer
5 1 (4.76%) SQL Server Developer
5 1 (4.76%) Senior Systems Analyst
5 1 (4.76%) Telecoms Engineer
Miscellaneous
1 4 (19.05%) Analytical Skills
2 3 (14.29%) Derivative
3 2 (9.52%) Equity Derivative
3 2 (9.52%) Fixed Income
4 1 (4.76%) Foreign Exchange (FX)
4 1 (4.76%) Management Information System
Processes & Methodologies
1 8 (38.10%) Business Analysis
2 6 (28.57%) Data Modelling
2 6 (28.57%) Project Management
3 5 (23.81%) Data Analysis
4 4 (19.05%) Business Intelligence
4 4 (19.05%) Analytics
5 3 (14.29%) Data Management
5 3 (14.29%) PRINCE2
5 3 (14.29%) Stakeholder Management
5 3 (14.29%) Use Case
6 2 (9.52%) Systems Analysis
6 2 (9.52%) UML
6 2 (9.52%) OO
6 2 (9.52%) SOA
6 2 (9.52%) Validation
6 2 (9.52%) Performance Management
7 1 (4.76%) Data Mapping
7 1 (4.76%) Continuous Improvement
7 1 (4.76%) Change Control
7 1 (4.76%) Master Data Management
Programming Languages
1 3 (14.29%) SQL
2 2 (9.52%) VBA
Qualifications
1 6 (28.57%) Degree
2 3 (14.29%) PRINCE2 Certification
3 2 (9.52%) ISEB
4 1 (4.76%) HNC
4 1 (4.76%) HND
4 1 (4.76%) IIBA
4 1 (4.76%) CBAP
Quality Assurance & Compliance
1 1 (4.76%) MiFID
1 1 (4.76%) Solvency II
1 1 (4.76%) Dodd-Frank
Vendors
1 3 (14.29%) Microsoft