The table below looks at the statistics for GAAP skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank 397 369 397
Rank change year-on-year
-28 +28
Contract jobs citing GAAP 14 36 10
As % of all contract IT jobs located in London 0.066% 0.17% 0.046%
As % of the Quality Assurance & Compliance category 0.68% 1.79% 0.48%
Number of daily rates quoted 11 26 5
Average daily rate £550 £453 £475
Average daily rate % change year-on-year
+21.54% -4.73%
90% offered a daily rate of more than £425 £375 £375
10% offered a daily rate of more than £600 £550 £560
UK excluding London average daily rate £340 - £463
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
GAAP
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
2068 2006 2062
As % of all contract IT jobs located in London 9.78% 9.63% 9.54%
Number of daily rates quoted 1410 1389 1376
Average daily rate £468 £450 £450
Average daily rate % change year-on-year
+3.88% -
90% offered a daily rate of more than £289 £250 £275
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 23 27 26
Average hourly rate £22.00 £21.50 £15.00
Average hourly rate % change year-on-year
+2.32% +43.33%
90% offered a hourly rate of more than £11.50 £15.00 £11.50
10% offered a hourly rate of more than £41.20 £45.25 £72.75
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

GAAP
Jobs Demand Trend in London

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

GAAP Jobs Demand Trend in London

GAAP
Daily Rate Trend in London

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

GAAP Daily Rate Trend in London

GAAP
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing GAAP across the London region over the 3 months to 5 February 2016.

GAAP Daily Rate Histogram in London

GAAP
Hourly Rate Trend in London

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

GAAP Hourly Rate Trend in London

GAAP
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing GAAP within the London region over the 3 months to 5 February 2016. 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
City of London +32 6 £500 +16.27%
GAAP
England

GAAP
Top 30 Related IT Skills in London

For the 6 months to 5 February 2016, IT contractor jobs across the London 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 8 (50.00%) ACCA
1 8 (50.00%) Finance
1 8 (50.00%) CIMA
2 5 (31.25%) Business Analysis
2 5 (31.25%) Solvency II
3 3 (18.75%) Defect Management
3 3 (18.75%) Reinsurance
3 3 (18.75%) User Acceptance Testing
3 3 (18.75%) Process Improvement
3 3 (18.75%) CODA
3 3 (18.75%) Advertising
3 3 (18.75%) Stakeholder Management
3 3 (18.75%) Data Warehouse
4 2 (12.50%) Eclipse
4 2 (12.50%) ISEB
4 2 (12.50%) Oracle
4 2 (12.50%) PeopleSoft
4 2 (12.50%) Project Management
4 2 (12.50%) General Ledger
4 2 (12.50%) ISTQB
5 1 (6.25%) Oracle Receivables
5 1 (6.25%) Oracle Assets
5 1 (6.25%) Oracle Subledger Accounting
5 1 (6.25%) Analytical Skills
5 1 (6.25%) People Management
5 1 (6.25%) Translating Business Requirements
5 1 (6.25%) Time Management
5 1 (6.25%) FMCG
5 1 (6.25%) Oracle General Ledger
5 1 (6.25%) Revenue Management

GAAP
Top Related IT Skills in London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the London 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.

Business Applications
1 1 (6.25%) Oracle Assets
1 1 (6.25%) Oracle EBS
1 1 (6.25%) Oracle EBS R12
1 1 (6.25%) Oracle Financials
1 1 (6.25%) Oracle General Ledger
1 1 (6.25%) Oracle Receivables
1 1 (6.25%) Oracle Subledger Accounting
Database & Business Intelligence
1 3 (18.75%) Data Warehouse
Development Applications
1 2 (12.50%) Eclipse
General
1 8 (50.00%) Finance
2 3 (18.75%) Advertising
3 2 (12.50%) General Ledger
4 1 (6.25%) German Language
4 1 (6.25%) Pharmaceutical
4 1 (6.25%) Polish Language
Job Titles
1 6 (37.50%) Analyst
2 5 (31.25%) Business Analyst
2 5 (31.25%) Insurance Business Analyst
2 5 (31.25%) Solvency II Business Analyst
3 3 (18.75%) Tester
3 3 (18.75%) UAT Tester
4 2 (12.50%) Consultant
4 2 (12.50%) Implementation Consultant
4 2 (12.50%) Lead Tester
4 2 (12.50%) Technical Manager
4 2 (12.50%) Test Leader
4 2 (12.50%) UAT Lead
4 2 (12.50%) UAT Test Lead
5 1 (6.25%) Functional Analyst
5 1 (6.25%) Oracle Analyst
Miscellaneous
1 3 (18.75%) Reinsurance
2 1 (6.25%) Analytical Skills
2 1 (6.25%) Derivative
2 1 (6.25%) FMCG
2 1 (6.25%) Foreign Exchange (FX)
Processes & Methodologies
1 5 (31.25%) Business Analysis
2 3 (18.75%) Defect Management
2 3 (18.75%) Process Improvement
2 3 (18.75%) Stakeholder Management
2 3 (18.75%) User Acceptance Testing
3 2 (12.50%) Project Management
4 1 (6.25%) People Management
4 1 (6.25%) Revenue Management
4 1 (6.25%) Time Management
4 1 (6.25%) Translating Business Requirements
Programming Languages
1 1 (6.25%) PL/SQL
1 1 (6.25%) SQL
Qualifications
1 8 (50.00%) ACCA
1 8 (50.00%) CIMA
2 2 (12.50%) ISEB
2 2 (12.50%) ISTQB
Quality Assurance & Compliance
1 5 (31.25%) Solvency II
2 1 (6.25%) QA
Vendors
1 3 (18.75%) CODA
2 2 (12.50%) Oracle
2 2 (12.50%) PeopleSoft
3 1 (6.25%) SAP
London
Huxley
Rate: £550 - £600 per day
Posted: Yesterday