The table below looks at the statistics for GAAP skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 2 May 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
2 May 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank 438 393 426
Rank change year-on-year
-45 +33
Contract jobs citing GAAP 4 22 3
As % of all contract IT jobs located in London 0.017% 0.097% 0.013%
As % of the Quality Assurance & Compliance category 0.20% 1.10% 0.13%
Number of daily rates quoted 3 21 1
Median daily rate £575 £475 £500
Median daily rate % change year-on-year
+21.05% -5.00%
UK excluding London median daily rate £289 £550 -
% change year-on-year
-47.50% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £17.00
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
2001 2005 2293
As % of all contract IT jobs located in London 8.72% 8.81% 9.67%
Number of daily rates quoted 1417 1394 1628
Median daily rate £450 £450 £450
90% offered a daily rate of more than £300 £280 £285
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 25 20 34
Median hourly rate £22.00 £20.00 £21.75
Median hourly rate % change year-on-year
+10.00% -8.04%
90% offered a hourly rate of more than £14.10 £12.00 £14.70
10% offered a hourly rate of more than £29.50 £115.00 £59.95
UK excluding London median hourly rate £33.00 £29.00 £21.00
% change year-on-year
+13.79% +38.09%

GAAP
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing GAAP as a proportion of all IT contracts with a match in 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
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 median contractor rates quoted in IT jobs citing GAAP within the London region over the 3 months to 2 May 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +30 2 £550 +25.71% 2
GAAP
England

GAAP
Top 30 Related IT Skills in London

For the 6 months to 2 May 2016, IT contractor jobs citing GAAP 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 GAAP.

1 9 (52.94%) ACCA
1 9 (52.94%) CIMA
2 7 (41.18%) Solvency II
3 6 (35.29%) Finance
3 6 (35.29%) Business Analysis
4 5 (29.41%) Data Warehouse
5 3 (17.65%) SQL
5 3 (17.65%) Advertising
5 3 (17.65%) Stakeholder Management
5 3 (17.65%) CODA
5 3 (17.65%) User Acceptance Testing
5 3 (17.65%) Defect Management
5 3 (17.65%) Reinsurance
6 2 (11.76%) Process Improvement
6 2 (11.76%) SQL Server Reporting Services
6 2 (11.76%) General Ledger
6 2 (11.76%) SQL Server Integration Services
6 2 (11.76%) ISTQB
6 2 (11.76%) T-SQL
6 2 (11.76%) Eclipse
6 2 (11.76%) Project Management
6 2 (11.76%) ISEB
6 2 (11.76%) SQL Server
6 2 (11.76%) PeopleSoft
7 1 (5.88%) Oracle Financials
7 1 (5.88%) Cognos
7 1 (5.88%) Data Modelling
7 1 (5.88%) Data Mining
7 1 (5.88%) ETL
7 1 (5.88%) PL/SQL

GAAP
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:

Business Applications
1 1 (5.88%) Oracle EBS R12
1 1 (5.88%) Oracle Financials
1 1 (5.88%) Oracle General Ledger
1 1 (5.88%) Oracle Receivables
1 1 (5.88%) Oracle Subledger Accounting
Database & Business Intelligence
1 5 (29.41%) Data Warehouse
2 2 (11.76%) SQL Server
2 2 (11.76%) SQL Server Integration Services
2 2 (11.76%) SQL Server Reporting Services
3 1 (5.88%) Data Mining
3 1 (5.88%) SQL Server Analysis Services
Development Applications
1 2 (11.76%) Eclipse
2 1 (5.88%) Team Foundation Server
General
1 6 (35.29%) Finance
2 3 (17.65%) Advertising
3 2 (11.76%) General Ledger
4 1 (5.88%) German Language
Job Titles
1 7 (41.18%) Analyst
2 6 (35.29%) Business Analyst
2 6 (35.29%) Insurance Business Analyst
2 6 (35.29%) Solvency II Business Analyst
3 3 (17.65%) Tester
3 3 (17.65%) UAT Tester
4 2 (11.76%) Consultant
4 2 (11.76%) Developer
4 2 (11.76%) Implementation Consultant
4 2 (11.76%) Lead Tester
4 2 (11.76%) Technical Manager
4 2 (11.76%) Test Leader
4 2 (11.76%) UAT Lead
4 2 (11.76%) UAT Test Lead
5 1 (5.88%) Accountant
5 1 (5.88%) Functional Analyst
5 1 (5.88%) SQL Server Developer
5 1 (5.88%) SSIS Developer
5 1 (5.88%) SSRS Developer
5 1 (5.88%) T-SQL Developer
Miscellaneous
1 3 (17.65%) Reinsurance
2 1 (5.88%) Analytical Skills
2 1 (5.88%) FMCG
Processes & Methodologies
1 6 (35.29%) Business Analysis
2 3 (17.65%) Defect Management
2 3 (17.65%) Stakeholder Management
2 3 (17.65%) User Acceptance Testing
3 2 (11.76%) Process Improvement
3 2 (11.76%) Project Management
4 1 (5.88%) Business Intelligence
4 1 (5.88%) Data Modelling
4 1 (5.88%) Database Security
4 1 (5.88%) ETL
4 1 (5.88%) Kimball Methodology
4 1 (5.88%) Performance Tuning
4 1 (5.88%) Revenue Management
4 1 (5.88%) Translating Business Requirements
4 1 (5.88%) Unit Testing
Programming Languages
1 3 (17.65%) SQL
2 2 (11.76%) T-SQL
3 1 (5.88%) PL/SQL
Qualifications
1 9 (52.94%) ACCA
1 9 (52.94%) CIMA
2 2 (11.76%) ISEB
2 2 (11.76%) ISTQB
Quality Assurance & Compliance
1 7 (41.18%) Solvency II
2 1 (5.88%) QA
Vendors
1 3 (17.65%) CODA
2 2 (11.76%) PeopleSoft
3 1 (5.88%) Cognos
3 1 (5.88%) Oracle
3 1 (5.88%) Tableau