Functional Analyst Contracts in London

Functional Analyst
England > London

The median Functional Analyst daily rate in London is £520 according to job vacancies posted during the 6 months to 3 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
3 May 2024
Same period 2023 Same period 2022
Rank 390 480 586
Rank change year-on-year +90 +106 -135
Contract jobs requiring a Functional Analyst 11 15 9
As % of all contract jobs advertised in London 0.062% 0.056% 0.023%
As % of the Job Titles category 0.066% 0.059% 0.024%
Number of daily rates quoted 9 7 2
10th Percentile £393 £520 £601
25th Percentile £413 £638 £603
Median daily rate (50th Percentile) £520 £750 £613
Median % change year-on-year -30.67% +22.45% +11.36%
75th Percentile £550 £825 £628
90th Percentile £620 - £634
England median daily rate £530 £550 £600
% change year-on-year -3.64% -8.33% +23.46%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in London with a recognized job title 16,596 25,593 37,134
% of contract IT jobs with a recognized job title 93.26% 95.28% 95.32%
Number of daily rates quoted 11,994 18,537 27,104
10th Percentile £325 £363 £375
25th Percentile £441 £463 £470
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £680
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +9.38%
Number of hourly rates quoted 338 292 449
10th Percentile £16.01 £18.00 £16.45
25th Percentile £20.02 £22.60 £22.03
Median hourly rate £27.66 £35.25 £35.00
Median % change year-on-year -21.55% +0.71% +11.13%
75th Percentile £43.75 £62.13 £49.25
90th Percentile £65.00 £78.72 £67.50
England median hourly rate £36.50 £44.53 £22.50
% change year-on-year -18.03% +97.91% +2.27%

Functional Analyst
Job Vacancy Trend in London

Job postings that featured Functional Analyst in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Functional Analyst in London.

Daily rate trend for Functional Analyst in London

Functional Analyst
Daily Rate Histogram in London

Daily rate distribution for jobs citing Functional Analyst in London over the 6 months to 3 May 2024.

Daily rate histogram for Functional Analyst in London

Functional Analyst
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Functional Analyst in London.

Hourly rate trend for Functional Analyst in London

Functional Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Analyst within the London region over the 6 months to 3 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London +47 2 £560 +40.00%
East London - 1 £540 -
Functional Analyst
England

Functional Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 3 May 2024, Functional Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Functional Analyst in the job title.

1 8 (72.73%) Finance
2 4 (36.36%) SAP
2 4 (36.36%) ERP
2 4 (36.36%) Social Skills
3 3 (27.27%) Functional Testing
3 3 (27.27%) Oracle
3 3 (27.27%) Business Analysis
3 3 (27.27%) Oracle General Ledger
4 2 (18.18%) Oracle Receivables
4 2 (18.18%) Oracle Cash Management
4 2 (18.18%) Banking
4 2 (18.18%) Microsoft
4 2 (18.18%) GAP Analysis
4 2 (18.18%) Oracle EBS
4 2 (18.18%) Roadmaps
4 2 (18.18%) End-to-End Testing
4 2 (18.18%) Oracle Payables
4 2 (18.18%) Procure-to-Pay
4 2 (18.18%) OCI
5 1 (9.09%) Oracle Procure-to-Pay
5 1 (9.09%) Onboarding
5 1 (9.09%) Server Migrations
5 1 (9.09%) Non-Functional Testing
5 1 (9.09%) Business Transformation
5 1 (9.09%) ISTQB
5 1 (9.09%) Matrix Organization
5 1 (9.09%) SAP S/4HANA
5 1 (9.09%) Dynamics 365
5 1 (9.09%) Programme Delivery
5 1 (9.09%) Scenario Testing

Functional Analyst Skill Set
Co-occurring Skills and Capabilities in London by Category

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

Business Applications
1 3 (27.27%) Oracle General Ledger
2 2 (18.18%) Oracle Cash Management
2 2 (18.18%) Oracle EBS
2 2 (18.18%) Oracle Payables
2 2 (18.18%) Oracle Receivables
3 1 (9.09%) Loan IQ
3 1 (9.09%) Oracle Assets
3 1 (9.09%) Oracle BPM
3 1 (9.09%) Oracle Financials
3 1 (9.09%) Oracle Procure-to-Pay
3 1 (9.09%) SAP ERP
3 1 (9.09%) SAP MM
3 1 (9.09%) SAP S/4HANA
Cloud Services
1 2 (18.18%) OCI
2 1 (9.09%) Dynamics 365
2 1 (9.09%) Microsoft 365
Database & Business Intelligence
1 1 (9.09%) SAP BW
General
1 8 (72.73%) Finance
2 4 (36.36%) Social Skills
3 2 (18.18%) Banking
4 1 (9.09%) Analytical Skills
4 1 (9.09%) General Ledger
4 1 (9.09%) Public Sector
4 1 (9.09%) Telecoms
Libraries, Frameworks & Software Standards
1 1 (9.09%) IDoc
1 1 (9.09%) Oracle Fusion
1 1 (9.09%) SAP XI
1 1 (9.09%) XML
Miscellaneous
1 1 (9.09%) Onboarding
Processes & Methodologies
1 4 (36.36%) ERP
2 3 (27.27%) Business Analysis
2 3 (27.27%) Functional Testing
3 2 (18.18%) End-to-End Testing
3 2 (18.18%) GAP Analysis
3 2 (18.18%) Procure-to-Pay
3 2 (18.18%) Roadmaps
4 1 (9.09%) Agile
4 1 (9.09%) Change Management
4 1 (9.09%) Data Modelling
4 1 (9.09%) Dimensional Modelling
4 1 (9.09%) Integration Testing
4 1 (9.09%) Regression Testing
4 1 (9.09%) Risk Management
4 1 (9.09%) SAP Security
4 1 (9.09%) Server Migrations
4 1 (9.09%) Stakeholder Management
4 1 (9.09%) Supply Chain Management
4 1 (9.09%) Test Automation
4 1 (9.09%) Test Scripting
Programming Languages
1 1 (9.09%) ABAP
1 1 (9.09%) Java
1 1 (9.09%) Python
1 1 (9.09%) SQL
Qualifications
1 1 (9.09%) ACCA
1 1 (9.09%) CIMA
1 1 (9.09%) Degree
1 1 (9.09%) DV Cleared
1 1 (9.09%) ISEB
1 1 (9.09%) ISTQB
1 1 (9.09%) Oracle Certification
1 1 (9.09%) SC Cleared
1 1 (9.09%) Security Cleared
Quality Assurance & Compliance
1 1 (9.09%) QA
Vendors
1 4 (36.36%) SAP
2 3 (27.27%) Oracle
3 2 (18.18%) Microsoft
4 1 (9.09%) VMware