The table below looks at the statistics for COREP skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited COREP over the 3 months to 10 December 2016 with a comparison to the same period over 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.

3 months to
10 Dec 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 418 420 402
Rank change year-on-year
+2 -18
Contract jobs citing COREP 2 7 19
As % of all contract IT jobs located in London 0.009% 0.031% 0.081%
As % of the Quality Assurance & Compliance category 0.093% 0.31% 0.84%
Number of daily rates quoted 2 6 19
Median daily rate £675 £581 £600
Median daily rate % change year-on-year
+16.12% -3.12%
90% offered a daily rate of more than £595 £494 £475
10% offered a daily rate of more than £755 £613 £670
UK excluding London median daily rate £625 £500 £457
% change year-on-year
+25.00% +9.52%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
COREP
England

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2162 2292 2269
As % of all contract IT jobs located in London 10.07% 10.20% 9.66%
Number of daily rates quoted 1505 1513 1628
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £303 £300 £270
10% offered a daily rate of more than £650 £631 £613
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 40 26 38
Median hourly rate £18.94 £22.25 £23.00
Median hourly rate % change year-on-year
-14.89% -3.26%
90% offered a hourly rate of more than £10.33 £13.00 £14.40
10% offered a hourly rate of more than £43.80 £55.00 £48.00
UK excluding London median hourly rate £21.50 £25.00 £21.99
% change year-on-year
-14.00% +13.67%

COREP
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing COREP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in London

COREP
Daily Rate Trend in London

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

COREP Daily Rate Trend in London

COREP
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP across the London region over the 3 months to 10 December 2016.

COREP Daily Rate Histogram in London

COREP
Top 26 Related IT Skills in London

For the 6 months to 10 December 2016, IT contractor jobs citing COREP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for COREP.

1 4 (66.67%) Finance
1 4 (66.67%) Banking
1 4 (66.67%) Credit Risk
2 3 (50.00%) Stress Testing
2 3 (50.00%) Basel III
3 2 (33.33%) Test Scripting
3 2 (33.33%) HP Quality Center
3 2 (33.33%) Software Testing
3 2 (33.33%) FINREP
3 2 (33.33%) Defect Management
3 2 (33.33%) SQL
4 1 (16.67%) Data Modelling
4 1 (16.67%) Project Management
4 1 (16.67%) Retail
4 1 (16.67%) Investment Banking
4 1 (16.67%) Business Analysis
4 1 (16.67%) PDM
4 1 (16.67%) Agile Software Development
4 1 (16.67%) Data Lineage
4 1 (16.67%) Programme Governance
4 1 (16.67%) Logical Data Model
4 1 (16.67%) Physical Data Model
4 1 (16.67%) Target Operating Model
4 1 (16.67%) Market Risk
4 1 (16.67%) User Acceptance Testing
4 1 (16.67%) CRD IV

COREP
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 4 (66.67%) Banking
1 4 (66.67%) Finance
2 1 (16.67%) Investment Banking
2 1 (16.67%) Retail
Job Titles
1 4 (66.67%) Analyst
2 2 (33.33%) Business Analyst
2 2 (33.33%) Test Analyst
3 1 (16.67%) Finance Business Analyst
3 1 (16.67%) Financial Analyst
3 1 (16.67%) Financial Business Analyst
3 1 (16.67%) Financial Services Business Analyst
3 1 (16.67%) IT Manager
3 1 (16.67%) IT Project Manager
3 1 (16.67%) Programme Manager
3 1 (16.67%) Project Manager
3 1 (16.67%) Report Manager
3 1 (16.67%) Risk Analyst
3 1 (16.67%) Risk Business Analyst
3 1 (16.67%) Service Analyst
Miscellaneous
1 4 (66.67%) Credit Risk
2 1 (16.67%) Market Risk
Processes & Methodologies
1 3 (50.00%) Stress Testing
2 2 (33.33%) Defect Management
2 2 (33.33%) Software Testing
2 2 (33.33%) Test Scripting
3 1 (16.67%) Agile Software Development
3 1 (16.67%) Business Analysis
3 1 (16.67%) Data Lineage
3 1 (16.67%) Data Modelling
3 1 (16.67%) Logical Data Model
3 1 (16.67%) PDM
3 1 (16.67%) Physical Data Model
3 1 (16.67%) Programme Governance
3 1 (16.67%) Project Management
3 1 (16.67%) Target Operating Model
3 1 (16.67%) User Acceptance Testing
Programming Languages
1 2 (33.33%) SQL
Quality Assurance & Compliance
1 3 (50.00%) Basel III
2 2 (33.33%) FINREP
3 1 (16.67%) CRD IV
Systems Management
1 2 (33.33%) HP Quality Center