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 29 August 2014 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 Aug 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 565 542 495
Rank change year-on-year
-23 -47
Contract jobs citing COREP 18 23 76
As % of all contract IT jobs located in England 0.035% 0.048% 0.14%
As % of the Quality Assurance & Compliance category 0.44% 0.64% 1.79%
Number of daily rates quoted 14 19 65
Average daily rate
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£550 £475 £550
Average daily rate % change year-on-year
+15.78% -13.63%
90% offered a daily rate of more than £473 £395 £450
10% offered a daily rate of more than £600 £610 £615
UK excluding London average daily rate £550 £425 £500
% change year-on-year
+29.41% -15.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
4116 3609 4255
As % of all contract IT jobs located in England 8.04% 7.50% 8.02%
Number of daily rates quoted 2529 2169 2385
Average daily rate £410 £425 £425
Average daily rate % change year-on-year
-3.52% -
90% offered a daily rate of more than £230 £265 £245
10% offered a daily rate of more than £550 £625 £600
UK excluding London average daily rate £375 £360 £360
% change year-on-year
+4.16% -
Number of hourly rates quoted 191 147 215
Average hourly rate £19.50 £17.50 £21.50
Average hourly rate % change year-on-year
+11.42% -18.60%
90% offered a hourly rate of more than £12.00 £11.00 £12.42
10% offered a hourly rate of more than £45.00 £37.50 £40.80
UK excluding London average hourly rate £19.75 £17.50 £21.25
% change year-on-year
+12.85% -17.64%

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 29 August 2014.

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 29 August 2014. 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 +10 12 £585 +11.33% 1
South West - 5 £550 -
COREP
UK

COREP
Top 30 Related IT Skills in England

For the 6 months to 29 August 2014, 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 32 (76.19%) Finance
2 22 (52.38%) FINREP
3 15 (35.71%) Banking
4 13 (30.95%) Basel III
5 11 (26.19%) CRD IV
5 11 (26.19%) Business Analysis
6 9 (21.43%) Investment Banking
6 9 (21.43%) SQL
6 9 (21.43%) User Acceptance Testing
7 8 (19.05%) Requirements Analysis
7 8 (19.05%) Sarbanes-Oxley
8 7 (16.67%) GAP Analysis
8 7 (16.67%) FATCA
9 6 (14.29%) Data Mapping
9 6 (14.29%) CIMA
9 6 (14.29%) ACCA
10 5 (11.90%) Basel II
11 4 (9.52%) Project Management
11 4 (9.52%) Data Warehouse
11 4 (9.52%) Financial Institution
11 4 (9.52%) Stakeholder Management
11 4 (9.52%) Data Analysis
11 4 (9.52%) Stress Testing
11 4 (9.52%) QA
12 3 (7.14%) Degree
12 3 (7.14%) Stakeholder Engagement
12 3 (7.14%) Agile Software Development
12 3 (7.14%) General Ledger
12 3 (7.14%) Oracle
12 3 (7.14%) SQL Server

COREP
Top Related IT Skills in England by Category

For the 6 months to 29 August 2014, 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 (2.38%) SAS
1 1 (2.38%) IBM Notes
Applications
1 1 (2.38%) MS Excel
Business Applications
1 1 (2.38%) Oracle Financials
Database & Business Intelligence
1 4 (9.52%) Data Warehouse
2 3 (7.14%) SQL Server
3 2 (4.76%) Data Mining
4 1 (2.38%) Relational Database
4 1 (2.38%) Oracle Database
4 1 (2.38%) Data Mart
4 1 (2.38%) DataStage
4 1 (2.38%) RDBMS
Development Applications
1 1 (2.38%) ProC
General
1 32 (76.19%) Finance
2 15 (35.71%) Banking
3 9 (21.43%) Investment Banking
4 4 (9.52%) Financial Institution
5 3 (7.14%) General Ledger
6 2 (4.76%) Front Office
6 2 (4.76%) Back Office
7 1 (2.38%) Marketing
7 1 (2.38%) Retail
Job Titles
1 22 (52.38%) Analyst
2 21 (50.00%) Business Analyst
3 8 (19.05%) Senior Business Analyst
3 8 (19.05%) Senior Analyst
4 7 (16.67%) Project Manager
5 5 (11.90%) Developer
6 2 (4.76%) PMO Lead
7 1 (2.38%) IT Support
7 1 (2.38%) QA Leader
7 1 (2.38%) Business Data Analyst
7 1 (2.38%) Credit Risk Analyst
7 1 (2.38%) Lead Business Analyst
7 1 (2.38%) Banking Business Analyst
7 1 (2.38%) Banking Analyst
7 1 (2.38%) Consultant
7 1 (2.38%) Data Architect
7 1 (2.38%) Sales Consultant
7 1 (2.38%) Data Analyst
7 1 (2.38%) SQL Developer
7 1 (2.38%) Credit Analyst
Libraries, Frameworks & Software Standards
1 1 (2.38%) Middleware
1 1 (2.38%) XBRL
1 1 (2.38%) .NET
Miscellaneous
1 2 (4.76%) Foreign Exchange (FX)
1 2 (4.76%) Credit Risk
2 1 (2.38%) Reference Data
2 1 (2.38%) Derivative
Operating Systems
1 1 (2.38%) UNIX
1 1 (2.38%) Windows
1 1 (2.38%) AIX
1 1 (2.38%) Linux
Processes & Methodologies
1 11 (26.19%) Business Analysis
2 9 (21.43%) User Acceptance Testing
3 8 (19.05%) Requirements Analysis
4 7 (16.67%) GAP Analysis
5 6 (14.29%) Data Mapping
6 4 (9.52%) Project Management
6 4 (9.52%) Stakeholder Management
6 4 (9.52%) Data Analysis
6 4 (9.52%) Stress Testing
7 3 (7.14%) Stakeholder Engagement
7 3 (7.14%) Agile Software Development
8 2 (4.76%) ETL
8 2 (4.76%) IT Governance
8 2 (4.76%) Test Strategy
8 2 (4.76%) Performance Tuning
8 2 (4.76%) Technical Analysis
9 1 (2.38%) Data Architecture
9 1 (2.38%) Integration Testing
9 1 (2.38%) Data Migration
9 1 (2.38%) Risk Analysis
Programming Languages
1 9 (21.43%) SQL
2 2 (4.76%) VBA
3 1 (2.38%) Shell Script
3 1 (2.38%) C#
3 1 (2.38%) PL/SQL
Qualifications
1 6 (14.29%) CIMA
1 6 (14.29%) ACCA
2 3 (7.14%) Degree
3 1 (2.38%) PMP
3 1 (2.38%) PMI Certification
Quality Assurance & Compliance
1 22 (52.38%) FINREP
2 13 (30.95%) Basel III
3 11 (26.19%) CRD IV
4 8 (19.05%) Sarbanes-Oxley
5 7 (16.67%) FATCA
6 5 (11.90%) Basel II
7 4 (9.52%) QA
8 1 (2.38%) EMIR
8 1 (2.38%) Dodd-Frank
8 1 (2.38%) Data Quality
8 1 (2.38%) Solvency II
Vendors
1 3 (7.14%) Oracle
2 2 (4.76%) Microsoft
2 2 (4.76%) Microgen
3 1 (2.38%) Lotus
3 1 (2.38%) Business Objects
3 1 (2.38%) SAP
London
Venn Group - UK
Rate: 250-350 Per Day
Posted: 17 days ago