The table below looks at the statistics for COREP skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 2 March 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
2 Mar 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 555 495 503
Rank change year-on-year
-60 +8
Contract jobs citing COREP 14 44 16
As % of all contract IT jobs located in England 0.029% 0.095% 0.039%
As % of the Quality Assurance & Compliance category 0.37% 1.20% 0.53%
Number of daily rates quoted 14 28 11
Average daily rate
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£550 £550 £400
Average daily rate % change year-on-year
- +37.50%
90% offered a daily rate of more than £458 £393 £301
10% offered a daily rate of more than £593 £633 £625
UK excluding London average daily rate £550 £500 £301
% change year-on-year
+10.00% +66.38%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £90.50
UK excluding London average hourly rate - - -
COREP
UK

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 England region.

Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
3789 3680 3038
As % of all contract IT jobs located in England 7.94% 7.91% 7.46%
Number of daily rates quoted 2254 2192 1728
Average daily rate £400 £413 £400
Average daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £225 £250 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £380 £368 £330
% change year-on-year
+3.40% +11.36%
Number of hourly rates quoted 127 137 195
Average hourly rate £20.00 £15.89 £22.10
Average hourly rate % change year-on-year
+25.90% -28.12%
90% offered a hourly rate of more than £11.00 £10.50 £11.00
10% offered a hourly rate of more than £49.50 £44.88 £47.25
UK excluding London average hourly rate £19.00 £16.00 £20.00
% change year-on-year
+18.75% -20.00%

COREP
Jobs Demand Trend in England

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

COREP Jobs Demand Trend in England

COREP
Daily Rate Trend in England

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

COREP Daily Rate Trend in England

COREP
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP across the England region over the 3 months to 2 March 2015.

COREP Daily Rate Histogram in England

COREP
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing COREP within the England region over the 3 months to 2 March 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -17 8 £519 -5.68% 5
Yorkshire - - - -
COREP
UK

COREP
Top 30 Related IT Skills in England

For the 6 months to 2 March 2015, IT contractor jobs across the England 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 37 (90.24%) Finance
2 25 (60.98%) FINREP
3 22 (53.66%) Banking
4 14 (34.15%) Business Analysis
5 11 (26.83%) Investment Banking
6 10 (24.39%) SQL
6 10 (24.39%) Basel III
7 9 (21.95%) FATCA
7 9 (21.95%) Data Analysis
8 8 (19.51%) Requirements Analysis
8 8 (19.51%) GAP Analysis
8 8 (19.51%) Sarbanes-Oxley
8 8 (19.51%) ACCA
8 8 (19.51%) CIMA
9 7 (17.07%) Retail Banking
9 7 (17.07%) Retail
9 7 (17.07%) User Acceptance Testing
10 6 (14.63%) Agile Software Development
11 5 (12.20%) Stakeholder Management
11 5 (12.20%) Technical Analysis
12 4 (9.76%) CRD IV
12 4 (9.76%) System Testing
12 4 (9.76%) Credit Risk
12 4 (9.76%) JIRA
12 4 (9.76%) Information Management
12 4 (9.76%) Project Management
12 4 (9.76%) Data Warehouse
13 3 (7.32%) Data Modelling
13 3 (7.32%) PRINCE2
13 3 (7.32%) XBRL

COREP
Top Related IT Skills in England by Category

For the 6 months to 2 March 2015, IT contractor jobs across the England 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.

Application Platforms
1 1 (2.44%) MS Project Server
Applications
1 2 (4.88%) MS Project
2 1 (2.44%) MS Office
2 1 (2.44%) MS Excel
2 1 (2.44%) MS PowerPoint
Communications & Networking
1 1 (2.44%) PPP
Database & Business Intelligence
1 4 (9.76%) Data Warehouse
Development Applications
1 4 (9.76%) JIRA
General
1 37 (90.24%) Finance
2 22 (53.66%) Banking
3 11 (26.83%) Investment Banking
4 7 (17.07%) Retail Banking
4 7 (17.07%) Retail
5 3 (7.32%) Front Office
5 3 (7.32%) General Ledger
6 2 (4.88%) Financial Institution
6 2 (4.88%) Back Office
7 1 (2.44%) Telecoms
Job Titles
1 31 (75.61%) Analyst
2 28 (68.29%) Business Analyst
3 8 (19.51%) Project Manager
4 7 (17.07%) Senior Business Analyst
4 7 (17.07%) Senior Analyst
5 3 (7.32%) Programme Manager
5 3 (7.32%) Developer
5 3 (7.32%) Banking Business Analyst
6 2 (4.88%) Agile Business Analyst
6 2 (4.88%) Business Project Manager
6 2 (4.88%) Business Manager
6 2 (4.88%) Banking Analyst
7 1 (2.44%) IT Business Analyst
7 1 (2.44%) Financial Business Analyst
7 1 (2.44%) Functional Analyst
7 1 (2.44%) Services Delivery Manager
7 1 (2.44%) Service Manager
7 1 (2.44%) Analyst Developer
7 1 (2.44%) Senior Programme Manager
7 1 (2.44%) Delivery Manager
Libraries, Frameworks & Software Standards
1 3 (7.32%) XBRL
Miscellaneous
1 4 (9.76%) Credit Risk
2 2 (4.88%) Mobile Banking
2 2 (4.88%) Analytical Skills
3 1 (2.44%) Reference Data
3 1 (2.44%) Management Information System
3 1 (2.44%) Credit Derivative
3 1 (2.44%) Derivative
Operating Systems
1 1 (2.44%) UNIX
Processes & Methodologies
1 14 (34.15%) Business Analysis
2 9 (21.95%) Data Analysis
3 8 (19.51%) GAP Analysis
3 8 (19.51%) Requirements Analysis
4 7 (17.07%) User Acceptance Testing
5 6 (14.63%) Agile Software Development
6 5 (12.20%) Stakeholder Management
6 5 (12.20%) Technical Analysis
7 4 (9.76%) System Testing
7 4 (9.76%) Information Management
7 4 (9.76%) Project Management
8 3 (7.32%) PRINCE2
8 3 (7.32%) Data Modelling
8 3 (7.32%) Line Management
8 3 (7.32%) Data Mapping
9 2 (4.88%) Performance Tuning
9 2 (4.88%) Data Migration
9 2 (4.88%) Data Cleansing
9 2 (4.88%) Business Transformation
9 2 (4.88%) ETL
Programming Languages
1 10 (24.39%) SQL
2 1 (2.44%) Shell Script
Qualifications
1 8 (19.51%) ACCA
1 8 (19.51%) CIMA
2 2 (4.88%) PRINCE2 Certification
3 1 (2.44%) PMP
3 1 (2.44%) PMI Certification
3 1 (2.44%) Degree
3 1 (2.44%) ISEB
Quality Assurance & Compliance
1 25 (60.98%) FINREP
2 10 (24.39%) Basel III
3 9 (21.95%) FATCA
4 8 (19.51%) Sarbanes-Oxley
5 4 (9.76%) CRD IV
6 2 (4.88%) Basel II
7 1 (2.44%) QA
7 1 (2.44%) Solvency II
Vendors
1 2 (4.88%) Oracle
1 2 (4.88%) Cognos
1 2 (4.88%) Microgen
City, London
Connectus
Rate: £400 - £500 per day
Posted: 2 days ago
London
Connectus
Rate: £400 - £500 per day
Posted: 4 days ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 6 days ago