The table below looks at the statistics for GAAP 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 GAAP over the 3 months to 23 September 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
23 Sep 2014
Same period 2013 Same period 2012
Generally Accepted Accounting Principles (GAAP)
Rank 563 544 559
Rank change year-on-year
-19 +15
Contract jobs citing GAAP 16 16 21
As % of all contract IT jobs located in England 0.030% 0.033% 0.039%
As % of the Quality Assurance & Compliance category 0.39% 0.43% 0.49%
Number of daily rates quoted 13 10 14
Average daily rate
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£380 £304 £663
Average daily rate % change year-on-year
+25.00% -54.11%
90% offered a daily rate of more than £175 £264 £276
10% offered a daily rate of more than £550 £380 £750
UK excluding London average daily rate £173 £280 £356
% change year-on-year
-38.39% -21.40%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
GAAP
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
4122 3689 4273
As % of all contract IT jobs located in England 7.86% 7.66% 7.97%
Number of daily rates quoted 2531 2207 2425
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £250 £238
10% offered a daily rate of more than £565 £613 £600
UK excluding London average daily rate £375 £355 £370
% change year-on-year
+5.63% -4.05%
Number of hourly rates quoted 205 146 206
Average hourly rate £20.00 £17.50 £21.50
Average hourly rate % change year-on-year
+14.28% -18.60%
90% offered a hourly rate of more than £12.00 £11.00 £11.80
10% offered a hourly rate of more than £45.00 £37.50 £42.20
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

GAAP
Jobs Demand Trend in England

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

GAAP Jobs Demand Trend in England

GAAP
Daily Rate Trend in England

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

GAAP Daily Rate Trend in England

GAAP
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing GAAP across the England region over the 3 months to 23 September 2014.

GAAP Daily Rate Histogram in England

GAAP
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing GAAP across the England region.

GAAP Hourly Rate Trend in England

GAAP
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 GAAP within the England region over the 3 months to 23 September 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 +25 14 £415 -2.35% 4
GAAP
UK

GAAP
Top 30 Related IT Skills in England

For the 6 months to 23 September 2014, IT contractor jobs across the England 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 19 (76.00%) Finance
2 9 (36.00%) SAP
3 7 (28.00%) General Ledger
4 6 (24.00%) SAP BPC
4 6 (24.00%) Oracle
4 6 (24.00%) SAP BW
5 5 (20.00%) NetWeaver
5 5 (20.00%) Sarbanes-Oxley
5 5 (20.00%) QA
5 5 (20.00%) Data Extraction
6 3 (12.00%) Oracle General Ledger
6 3 (12.00%) Billing
6 3 (12.00%) CIMA
6 3 (12.00%) ACCA
6 3 (12.00%) Project Management
6 3 (12.00%) Oracle 11i
7 2 (8.00%) Business Intelligence
7 2 (8.00%) SAP FI
7 2 (8.00%) OLAP
7 2 (8.00%) Oracle Financials
7 2 (8.00%) Cognos
7 2 (8.00%) Data Warehouse
7 2 (8.00%) ERP
7 2 (8.00%) Risk Management
7 2 (8.00%) Migration
7 2 (8.00%) SAP FI/CO
7 2 (8.00%) CA
7 2 (8.00%) Banking
7 2 (8.00%) SAP CO
7 2 (8.00%) Applix

GAAP
Top Related IT Skills in England by Category

For the 6 months to 23 September 2014, IT contractor jobs across the England 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.

Application Platforms
1 5 (20.00%) NetWeaver
Applications
1 1 (4.00%) MS Office
1 1 (4.00%) MS Excel
Business Applications
1 6 (24.00%) SAP BPC
2 3 (12.00%) Oracle 11i
2 3 (12.00%) Oracle General Ledger
3 2 (8.00%) Oracle Financials
3 2 (8.00%) SAP FI
3 2 (8.00%) SAP FI/CO
3 2 (8.00%) SAP CO
3 2 (8.00%) Cognos TM1
4 1 (4.00%) Dynamics AX
4 1 (4.00%) Oracle Payables
4 1 (4.00%) Oracle Cash Management
4 1 (4.00%) Oracle TCA
Database & Business Intelligence
1 6 (24.00%) SAP BW
2 2 (8.00%) OLAP
2 2 (8.00%) Data Warehouse
General
1 19 (76.00%) Finance
2 7 (28.00%) General Ledger
3 3 (12.00%) Billing
4 2 (8.00%) Banking
4 2 (8.00%) German Language
5 1 (4.00%) Retail
5 1 (4.00%) Legal
5 1 (4.00%) Telecoms
5 1 (4.00%) French Language
Job Titles
1 8 (32.00%) Consultant
2 7 (28.00%) SAP Consultant
3 5 (20.00%) SAP BPC Consultant
4 3 (12.00%) Analyst
5 2 (8.00%) Business Analyst
5 2 (8.00%) Developer
5 2 (8.00%) SAP FI/CO Consultant
5 2 (8.00%) TM1 Developer
6 1 (4.00%) Solvency II Business Analyst
6 1 (4.00%) Functional Consultant
6 1 (4.00%) Test Analyst
6 1 (4.00%) Senior Consultant
6 1 (4.00%) SAP FI Consultant
6 1 (4.00%) SAP CO Consultant
6 1 (4.00%) Business Manager
6 1 (4.00%) Senior SAP Consultant
6 1 (4.00%) Financial Analyst
6 1 (4.00%) Dynamics AX Consultant
Libraries, Frameworks & Software Standards
1 1 (4.00%) VML
Miscellaneous
1 5 (20.00%) Data Extraction
2 2 (8.00%) FMCG
3 1 (4.00%) Analytical Skills
Processes & Methodologies
1 3 (12.00%) Project Management
2 2 (8.00%) ERP
2 2 (8.00%) Business Intelligence
2 2 (8.00%) Risk Management
2 2 (8.00%) Migration
2 2 (8.00%) Asset Management
2 2 (8.00%) Wealth Management
3 1 (4.00%) Time Management
3 1 (4.00%) Financial Modelling
3 1 (4.00%) Test Automation
3 1 (4.00%) Cash Management
3 1 (4.00%) Continuous Improvement
3 1 (4.00%) Validation
3 1 (4.00%) Process Management
3 1 (4.00%) GAP Analysis
Qualifications
1 3 (12.00%) ACCA
1 3 (12.00%) CIMA
Quality Assurance & Compliance
1 5 (20.00%) Sarbanes-Oxley
1 5 (20.00%) QA
2 1 (4.00%) Solvency II
2 1 (4.00%) FINREP
Vendors
1 9 (36.00%) SAP
2 6 (24.00%) Oracle
3 2 (8.00%) Cognos
3 2 (8.00%) CA
3 2 (8.00%) Applix
4 1 (4.00%) Microsoft
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