Requirements Engineering Contracts in London

Requirements Engineering
England > London

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Requirements Engineering skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Engineering over the 6 months to 23 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 387 487 554
Rank change year-on-year +100 +67 -98
Contract jobs citing Requirements Engineering 7 8 40
As % of all contract jobs advertised in London 0.039% 0.029% 0.10%
As % of the Processes & Methodologies category 0.044% 0.032% 0.11%
Number of daily rates quoted 5 5 31
10th Percentile £320 £510 £463
25th Percentile £425 £535 £493
Median daily rate (50th Percentile) £450 £625 £550
Median % change year-on-year -28.00% +13.64% +46.67%
75th Percentile £525 £638 £600
90th Percentile £540 £728 £713
England median daily rate £430 £570 £500
% change year-on-year -24.56% +14.00% +18.34%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £39.29
England median hourly rate £65.50 £55.25 £39.29
% change year-on-year +18.55% +40.62% -

All Process and Methodology Skills
London

Requirements Engineering is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,796 24,868 36,043
As % of all contract IT jobs advertised in London 88.41% 91.10% 92.26%
Number of daily rates quoted 11,308 17,810 26,281
10th Percentile £338 £375 £389
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £590 £575
Median % change year-on-year -6.78% +2.61% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £535
% change year-on-year -4.55% +2.80% +9.41%
Number of hourly rates quoted 331 284 428
10th Percentile £16.00 £18.63 £17.25
25th Percentile £19.96 £22.72 £23.91
Median hourly rate £29.00 £39.00 £35.75
Median % change year-on-year -25.64% +9.09% +10.96%
75th Percentile £47.50 £62.13 £50.00
90th Percentile £66.00 £78.35 £67.50
England median hourly rate £35.00 £37.50 £24.00
% change year-on-year -6.67% +56.25% -

Requirements Engineering
Job Vacancy Trend in London

Job postings citing Requirements Engineering as a proportion of all IT jobs advertised in London.

Job vacancy trend for Requirements Engineering in London

Requirements Engineering
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Requirements Engineering in London.

Daily rate trend for Requirements Engineering in London

Requirements Engineering
Daily Rate Histogram in London

Daily rate distribution for jobs citing Requirements Engineering in London over the 6 months to 23 April 2024.

Daily rate histogram for Requirements Engineering in London

Requirements Engineering
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Requirements Engineering in London.

Hourly rate trend for Requirements Engineering in London

Requirements Engineering
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 Requirements Engineering within the London region over the 6 months to 23 April 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 +41 2 £475 -16.67%
Requirements Engineering
England

Requirements Engineering
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:

Applications
1 1 (14.29%) Microsoft Excel
1 1 (14.29%) Spreadsheet
Business Applications
1 1 (14.29%) Aladdin
1 1 (14.29%) Dynamics CRM
1 1 (14.29%) SimCorp Dimension
Cloud Services
1 1 (14.29%) Azure
1 1 (14.29%) Dynamics 365
1 1 (14.29%) Miro
1 1 (14.29%) Power Platform
Database & Business Intelligence
1 2 (28.57%) Oracle Database
2 1 (14.29%) Data Warehouse
2 1 (14.29%) Power BI
2 1 (14.29%) Power Query
General
1 6 (85.71%) Finance
2 3 (42.86%) Analytical Skills
2 3 (42.86%) Banking
3 2 (28.57%) Social Skills
4 1 (14.29%) Back Office
4 1 (14.29%) Corporate Banking
4 1 (14.29%) Investment Banking
4 1 (14.29%) Organisational Skills
4 1 (14.29%) Retail
4 1 (14.29%) Retail Banking
Job Titles
1 4 (57.14%) Analyst
1 4 (57.14%) Business Analyst
2 2 (28.57%) Developer
2 2 (28.57%) Finance Business Analyst
2 2 (28.57%) Financial Analyst
2 2 (28.57%) Requirements Engineer
3 1 (14.29%) Agile Business Analyst
3 1 (14.29%) Banking Business Analyst
3 1 (14.29%) Business Intelligence Developer
3 1 (14.29%) Business Requirements Analyst
3 1 (14.29%) Business Systems Analyst
3 1 (14.29%) Finance Systems Analyst
3 1 (14.29%) Financial Services Business Analyst
3 1 (14.29%) IT Analyst
3 1 (14.29%) IT Business Analyst
3 1 (14.29%) Power BI Developer
3 1 (14.29%) Senior
3 1 (14.29%) Senior Requirements Analyst
3 1 (14.29%) Service Analyst
3 1 (14.29%) Software Analyst
Miscellaneous
1 2 (28.57%) Product Ownership
2 1 (14.29%) Management Information System
2 1 (14.29%) Onboarding
2 1 (14.29%) Virtual Team
Processes & Methodologies
1 6 (85.71%) Agile
2 2 (28.57%) Business Analysis
2 2 (28.57%) Data Modelling
2 2 (28.57%) Problem-Solving
2 2 (28.57%) Requirements Gathering
2 2 (28.57%) Scaled Agile Framework
2 2 (28.57%) User Stories
2 2 (28.57%) Waterfall
2 2 (28.57%) Workflow
3 1 (14.29%) Acceptance Criteria
3 1 (14.29%) Case Management
3 1 (14.29%) Data Transformation
3 1 (14.29%) Fintech
3 1 (14.29%) Front End Development
3 1 (14.29%) Kalman Filter
3 1 (14.29%) Microservices
3 1 (14.29%) Sequence Diagram
3 1 (14.29%) SFIA
3 1 (14.29%) Software Delivery
3 1 (14.29%) Visualisation
Programming Languages
1 3 (42.86%) SQL
2 1 (14.29%) Data Analysis Expressions
2 1 (14.29%) Java
2 1 (14.29%) PL/SQL
Qualifications
1 1 (14.29%) BPSS Clearance
1 1 (14.29%) Security Cleared
Quality Assurance & Compliance
1 1 (14.29%) Data Quality
1 1 (14.29%) PCI DSS
1 1 (14.29%) QA
Vendors
1 2 (28.57%) Oracle
2 1 (14.29%) Avaloq
2 1 (14.29%) Microsoft
2 1 (14.29%) SimCorp