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 27 February 2017 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
27 Feb 2017
Same period 2016 Same period 2015
Common Reporting (COREP)
England / London
Rank 404 417 413
Rank change year-on-year
+13 -4
Contract jobs citing COREP 2 8 7
As % of all contract IT jobs located in London 0.010% 0.038% 0.033%
As % of the Quality Assurance & Compliance category 0.086% 0.33% 0.28%
Number of daily rates quoted 0 8 7
Median daily rate - £588 £550
Median daily rate % change year-on-year
- +6.81%
UK excluding London median daily rate - £428 £550
% change year-on-year
- -22.27%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
2336 2402 2457
As % of all contract IT jobs located in London 12.01% 11.36% 11.54%
Number of daily rates quoted 1636 1679 1735
Median daily rate £480 £450 £430
Median daily rate % change year-on-year
+6.66% +4.65%
90% offered a daily rate of more than £313 £288 £250
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 36 29 18
Median hourly rate £25.00 £22.00 £21.50
Median hourly rate % change year-on-year
+13.63% +2.32%
90% offered a hourly rate of more than £11.30 £11.50 £15.00
10% offered a hourly rate of more than £47.90 £34.90 £101.35
UK excluding London median hourly rate £20.75 £42.50 £23.50
% change year-on-year
-51.17% +80.85%

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
Top 30 Related IT Skills in London

For the 6 months to 27 February 2017, 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 3 (75.00%) Finance
2 2 (50.00%) Banking
2 2 (50.00%) Business Analysis
2 2 (50.00%) Stress Testing
2 2 (50.00%) FINREP
2 2 (50.00%) IFRS
2 2 (50.00%) IFRS 9
3 1 (25.00%) SDLC
3 1 (25.00%) Target Operating Model
3 1 (25.00%) Fintech
3 1 (25.00%) Programme Governance
3 1 (25.00%) Test Scripting
3 1 (25.00%) Basel III
3 1 (25.00%) Oracle Database
3 1 (25.00%) Degree
3 1 (25.00%) Computer Science
3 1 (25.00%) Credit Risk
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) Retail
3 1 (25.00%) Data Mart
3 1 (25.00%) Agile Software Development
3 1 (25.00%) C#
3 1 (25.00%) Java
3 1 (25.00%) Oracle
3 1 (25.00%) SQL Server
3 1 (25.00%) Sybase
3 1 (25.00%) XML
3 1 (25.00%) Unix
3 1 (25.00%) Data Warehouse
3 1 (25.00%) ETL

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:

Database & Business Intelligence
1 1 (25.00%) Data Mart
1 1 (25.00%) Data Warehouse
1 1 (25.00%) Oracle Database
1 1 (25.00%) SQL Server
General
1 3 (75.00%) Finance
2 2 (50.00%) Banking
3 1 (25.00%) Retail
Job Titles
1 2 (50.00%) Developer
2 1 (25.00%) Analyst
2 1 (25.00%) Business Analyst
2 1 (25.00%) Programme Manager
2 1 (25.00%) SQL Developer
2 1 (25.00%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 1 (25.00%) XBRL
1 1 (25.00%) XML
Miscellaneous
1 1 (25.00%) Computer Science
1 1 (25.00%) Credit Risk
1 1 (25.00%) Fintech
Operating Systems
1 1 (25.00%) Unix
Processes & Methodologies
1 2 (50.00%) Business Analysis
1 2 (50.00%) Stress Testing
2 1 (25.00%) Agile Software Development
2 1 (25.00%) ETL
2 1 (25.00%) Programme Governance
2 1 (25.00%) SDLC
2 1 (25.00%) Target Operating Model
2 1 (25.00%) Test Scripting
2 1 (25.00%) User Acceptance Testing
Programming Languages
1 1 (25.00%) C#
1 1 (25.00%) Java
1 1 (25.00%) Shell Script
Qualifications
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 2 (50.00%) FINREP
1 2 (50.00%) IFRS
1 2 (50.00%) IFRS 9
2 1 (25.00%) Basel III
Vendors
1 1 (25.00%) Microsoft
1 1 (25.00%) Oracle
1 1 (25.00%) Sybase