Business Analyst Contracts

Business Analyst (BA)
UK

The median Business Analyst (BA) daily rate in the UK is £525 according to job vacancies posted during the 6 months to 4 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
4 May 2024
Same period 2023 Same period 2022
Rank 42 41 36
Rank change year-on-year -1 -5 +17
Contract jobs requiring a Business Analyst 1,880 3,069 5,351
As % of all contract jobs advertised in the UK 4.36% 5.19% 6.03%
As % of the Job Titles category 4.70% 5.48% 6.32%
Number of daily rates quoted 1,306 2,246 3,987
10th Percentile £378 £400 £375
25th Percentile £440 £441 £420
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +8.70%
75th Percentile £625 £600 £586
90th Percentile £725 £700 £656
UK excluding London median daily rate £457 £475 £450
% change year-on-year -3.79% +5.56% +5.88%
Number of hourly rates quoted 9 14 13
10th Percentile - £20.78 £18.60
25th Percentile £20.77 £29.74 £22.40
Median hourly rate £28.00 £60.25 £26.27
Median % change year-on-year -53.53% +129.35% -27.61%
75th Percentile £50.00 £64.69 £43.50
90th Percentile £71.00 £68.50 £53.60
UK excluding London median hourly rate £20.77 £63.75 £22.40
% change year-on-year -67.42% +184.60% -4.31%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 the UK with a recognized job title 40,021 55,966 84,699
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.45%
Number of daily rates quoted 26,056 39,104 59,482
10th Percentile £280 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,666 1,571 2,084
10th Percentile £12.86 £14.30 £12.50
25th Percentile £16.30 £19.06 £15.63
Median hourly rate £36.50 £45.00 £23.81
Median % change year-on-year -18.89% +89.04% +5.80%
75th Percentile £61.29 £65.75 £49.19
90th Percentile £72.50 £76.00 £63.71
UK excluding London median hourly rate £40.00 £42.26 £19.52
% change year-on-year -5.35% +116.50% +2.74%

Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Business Analyst in the UK

Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Business Analyst in the UK

Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Business Analyst over the 6 months to 4 May 2024.

Daily rate histogram for Business Analyst in the UK

Business Analyst
Contractor Hourly Rate Trend

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

Hourly rate trend for Business Analyst in the UK

Business Analyst
Hourly Rate Histogram

Hourly rate distribution of jobs citing Business Analyst over the 6 months to 4 May 2024.

Hourly rate histogram for Business Analyst in the UK

Business Analyst
Top 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Analyst within the UK over the 6 months to 4 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
England -3 1,603 £550 +4.76% 356
London +3 1,093 £575 +4.55% 179
Work from Home +8 801 £550 +10.00% 153
UK excluding London -21 586 £457 -3.79% 187
North of England -5 196 £475 -4.52% 62
South East -27 119 £475 - 36
North West -9 103 £475 +2.70% 33
Scotland +8 102 £450 +5.39% 7
Yorkshire -13 79 £475 -5.00% 24
Midlands -28 75 £445 -6.32% 41
East of England -9 47 £425 -12.82% 15
West Midlands -38 46 £450 -5.26% 25
South West -36 37 £519 -1.19% 16
East Midlands +15 27 £425 -8.11% 16
North East +18 13 £475 -5.00% 5
Wales -1 9 £420 -11.58% 3
Northern Ireland -4 4 £368 -10.91% 9

Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 4 May 2024, Business 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 featuring Business Analyst in the job title.

1 564 (30.00%) Finance
2 518 (27.55%) Agile
3 512 (27.23%) Social Skills
4 443 (23.56%) Business Analysis
5 323 (17.18%) Requirements Gathering
6 308 (16.38%) Stakeholder Management
7 288 (15.32%) User Stories
8 262 (13.94%) Banking
9 253 (13.46%) Analytical Skills
10 216 (11.49%) Degree
11 210 (11.17%) Problem-Solving
12 198 (10.53%) SQL
13 169 (8.99%) Project Management
14 162 (8.62%) Workshop Facilitation
15 156 (8.30%) User Acceptance Testing
16 150 (7.98%) Public Sector
17 148 (7.87%) Data Analysis
18 146 (7.77%) Migration
19 145 (7.71%) Product Ownership
20 138 (7.34%) Change Management
21 132 (7.02%) Scrum
22 127 (6.76%) Acceptance Criteria
23 126 (6.70%) JIRA
24 123 (6.54%) GAP Analysis
25 116 (6.17%) Microsoft
26 113 (6.01%) Security Cleared
27 110 (5.85%) ERP
28 108 (5.74%) Use Case
29 106 (5.64%) Business Intelligence
29 106 (5.64%) SAP

Business Analyst Skill Set
Co-occurring Skills and Capabilities 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:

Application Platforms
1 73 (3.88%) Confluence
2 37 (1.97%) SharePoint
3 10 (0.53%) MTS
4 6 (0.32%) Adobe Experience Manager
4 6 (0.32%) CMS
5 4 (0.21%) Microsoft Exchange
6 3 (0.16%) Apache
6 3 (0.16%) ArcGIS
6 3 (0.16%) SAS
7 2 (0.11%) Apache Spark
8 1 (0.053%) Apache Airflow
8 1 (0.053%) LiveLink
8 1 (0.053%) SharePoint 2013
Applications
1 87 (4.63%) MS Visio
2 84 (4.47%) Microsoft Excel
3 56 (2.98%) Microsoft PowerPoint
4 46 (2.45%) Microsoft Office
5 7 (0.37%) Microsoft Project
5 7 (0.37%) Spreadsheet
6 4 (0.21%) Chatbot
7 3 (0.16%) Trello
8 1 (0.053%) InVision
8 1 (0.053%) Sketch
Business Applications
1 53 (2.82%) Endur
2 25 (1.33%) Loan IQ
3 21 (1.12%) Aligne
4 20 (1.06%) SAP S/4HANA
5 17 (0.90%) Dynamics CRM
6 15 (0.80%) Aladdin
7 10 (0.53%) EuroRunner
8 9 (0.48%) ION MarketView
9 7 (0.37%) SAP PM
10 6 (0.32%) NetSuite
10 6 (0.32%) SAP Hybris
11 5 (0.27%) Oracle Financials
11 5 (0.27%) Shopify
12 4 (0.21%) Salesforce CRM
12 4 (0.21%) SAP MDG
13 3 (0.16%) Magento
13 3 (0.16%) Maximo
13 3 (0.16%) Oracle Procure-to-Pay
13 3 (0.16%) SAP ERP
14 2 (0.11%) Remedy ITSM
Cloud Services
1 102 (5.43%) Azure
2 89 (4.73%) Power Platform
3 66 (3.51%) AWS
4 39 (2.07%) SaaS
5 30 (1.60%) Azure DevOps
6 27 (1.44%) Dynamics 365
7 14 (0.74%) Microsoft 365
8 12 (0.64%) SuccessFactors
9 8 (0.43%) Cloud Computing
9 8 (0.43%) Collibra
9 8 (0.43%) SAP Commerce Cloud
10 7 (0.37%) Lucidchart
10 7 (0.37%) Miro
11 6 (0.32%) OCI
11 6 (0.32%) PaaS
11 6 (0.32%) Salesforce Commerce Cloud
12 5 (0.27%) Adobe Analytics
12 5 (0.27%) Google Analytics
12 5 (0.27%) IBM Blueworks
13 4 (0.21%) Entra ID
Communications & Networking
1 14 (0.74%) FIX Connectivity
2 6 (0.32%) Radio Access Network
3 3 (0.16%) Internet
3 3 (0.16%) Intranet
3 3 (0.16%) SD-WAN
4 2 (0.11%) 4G
4 2 (0.11%) 5G
4 2 (0.11%) Firewall
4 2 (0.11%) NAS
4 2 (0.11%) WAN
4 2 (0.11%) WinSCP
5 1 (0.053%) Ethernet
5 1 (0.053%) Intrusion Detection
5 1 (0.053%) LTE
5 1 (0.053%) MPLS
5 1 (0.053%) Network Security
5 1 (0.053%) Reverse Proxy
5 1 (0.053%) Wireless
Database & Business Intelligence
1 83 (4.41%) Power BI
2 35 (1.86%) Data Warehouse
3 18 (0.96%) Tableau
4 15 (0.80%) Relational Database
5 9 (0.48%) Big Data
5 9 (0.48%) Data Lake
5 9 (0.48%) Metadata
5 9 (0.48%) SQL Server Integration Services
6 8 (0.43%) Geospatial Data
6 8 (0.43%) SQL Server
7 7 (0.37%) Electronic Patient Records
7 7 (0.37%) NoSQL
7 7 (0.37%) SAP HANA
8 5 (0.27%) BusinessObjects Business Intelligence
9 4 (0.21%) Data Mart
9 4 (0.21%) PostgreSQL
9 4 (0.21%) SQL Server Analysis Services
9 4 (0.21%) SQL Server Reporting Services
10 3 (0.16%) GIS
10 3 (0.16%) RDBMS
Development Applications
1 126 (6.70%) JIRA
2 15 (0.80%) Eclipse
3 11 (0.59%) TeamCity
4 9 (0.48%) Postman
4 9 (0.48%) SoapUI
5 7 (0.37%) PyCharm
6 2 (0.11%) Balsamiq
7 1 (0.053%) Rational Software Modeler
7 1 (0.053%) Visual Studio Team System
General
1 564 (30.00%) Finance
2 512 (27.23%) Social Skills
3 262 (13.94%) Banking
4 253 (13.46%) Analytical Skills
5 150 (7.98%) Public Sector
6 104 (5.53%) Front Office
7 94 (5.00%) Inclusion and Diversity
8 76 (4.04%) Investment Banking
9 72 (3.83%) Manufacturing
10 70 (3.72%) Presentation Skills
11 56 (2.98%) Retail
12 48 (2.55%) Back Office
13 42 (2.23%) Marketing
14 36 (1.91%) Influencing Skills
15 35 (1.86%) Pharmaceutical
16 26 (1.38%) Legal
16 26 (1.38%) Telecoms
17 23 (1.22%) Local Government
18 19 (1.01%) Organisational Skills
19 17 (0.90%) Documentation Skills
Libraries, Frameworks & Software Standards
1 24 (1.28%) XML
2 22 (1.17%) FIX Protocol
3 15 (0.80%) JSON
4 10 (0.53%) Web Services
5 8 (0.43%) Oracle Fusion
5 8 (0.43%) SOAP
6 7 (0.37%) .NET
7 6 (0.32%) SailPoint
7 6 (0.32%) SAP PI
8 5 (0.27%) ADO
8 5 (0.27%) Apache Camel
9 4 (0.21%) OAuth
9 4 (0.21%) VML
10 3 (0.16%) HTML
11 2 (0.11%) Middleware
11 2 (0.11%) OAuth2
11 2 (0.11%) OpenID
12 1 (0.053%) Kafka
12 1 (0.053%) pytest
12 1 (0.053%) REST
Miscellaneous
1 145 (7.71%) Product Ownership
2 65 (3.46%) Derivative
3 57 (3.03%) Fixed Income
4 56 (2.98%) Foreign Exchange (FX)
5 50 (2.66%) Equities
6 35 (1.86%) Hedge funds
7 34 (1.81%) Onboarding
8 31 (1.65%) Management Information System
9 30 (1.60%) SWIFT Messaging Network
10 25 (1.33%) Data Protection Act
10 25 (1.33%) Renewable Energy
11 24 (1.28%) Reinsurance
12 20 (1.06%) Mobile App
13 19 (1.01%) Market Risk
14 18 (0.96%) Self-Motivation
15 16 (0.85%) IoT
16 15 (0.80%) Greenfield Project
17 14 (0.74%) Solar Panel
18 13 (0.69%) Analytical Mindset
18 13 (0.69%) Learning Management System
Operating Systems
1 22 (1.17%) Windows
2 17 (0.90%) Unix
3 7 (0.37%) Linux
4 5 (0.27%) Apple iOS
5 4 (0.21%) Windows 10
6 3 (0.16%) Mac OS
6 3 (0.16%) VMS
6 3 (0.16%) Windows Server
7 2 (0.11%) Windows 7
7 2 (0.11%) Windows Server 2008
7 2 (0.11%) Windows Server 2012
8 1 (0.053%) Android
Processes & Methodologies
1 518 (27.55%) Agile
2 443 (23.56%) Business Analysis
3 323 (17.18%) Requirements Gathering
4 308 (16.38%) Stakeholder Management
5 288 (15.32%) User Stories
6 210 (11.17%) Problem-Solving
7 169 (8.99%) Project Management
8 162 (8.62%) Workshop Facilitation
9 156 (8.30%) User Acceptance Testing
10 148 (7.87%) Data Analysis
11 146 (7.77%) Migration
12 138 (7.34%) Change Management
13 132 (7.02%) Scrum
14 127 (6.76%) Acceptance Criteria
15 123 (6.54%) GAP Analysis
16 110 (5.85%) ERP
17 108 (5.74%) Use Case
18 106 (5.64%) Business Intelligence
19 99 (5.27%) Process Improvement
20 94 (5.00%) Asset Management
Programming Languages
1 198 (10.53%) SQL
2 51 (2.71%) Python
3 25 (1.33%) Java
4 16 (0.85%) JavaScript
5 7 (0.37%) Groovy
6 5 (0.27%) C#
6 5 (0.27%) PL/SQL
6 5 (0.27%) VBA
6 5 (0.27%) XPath
6 5 (0.27%) XQuery
7 3 (0.16%) R
8 1 (0.053%) Data Analysis Expressions
8 1 (0.053%) JCL
8 1 (0.053%) Shell Script
Qualifications
1 216 (11.49%) Degree
2 113 (6.01%) Security Cleared
3 87 (4.63%) SC Cleared
4 30 (1.60%) BPSS Clearance
5 23 (1.22%) CBAP
6 20 (1.06%) IIBA
7 17 (0.90%) DV Cleared
8 12 (0.64%) ISEB
9 9 (0.48%) Master's Degree
9 9 (0.48%) PMI Certification
10 8 (0.43%) ACCA
10 8 (0.43%) CIMA
11 7 (0.37%) Computer Science Degree
11 7 (0.37%) CSPO
11 7 (0.37%) Numerate Degree
12 5 (0.27%) ITIL Certification
13 4 (0.21%) Microsoft Certification
14 3 (0.16%) HNC
14 3 (0.16%) MBA
15 2 (0.11%) CCA
Quality Assurance & Compliance
1 100 (5.32%) QA
2 51 (2.71%) Data Quality
3 37 (1.97%) EMIR
4 36 (1.91%) GDPR
5 35 (1.86%) MiFID
6 22 (1.17%) GxP
7 21 (1.12%) SEPA
8 19 (1.01%) Good Clinical Practice
9 16 (0.85%) PMO
10 15 (0.80%) Dodd-Frank
11 9 (0.48%) PCI DSS
12 7 (0.37%) ISO 20022
13 6 (0.32%) Actionable Recommendations
14 5 (0.27%) Accessibility
15 4 (0.21%) Basel III
15 4 (0.21%) Disclosure Scotland
15 4 (0.21%) ISO/IEC 27001
15 4 (0.21%) SLA
16 3 (0.16%) GRC
16 3 (0.16%) PSD2
System Software
1 9 (0.48%) Active Directory
2 3 (0.16%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.053%) Hyper-V
4 1 (0.053%) VMware Infrastructure
4 1 (0.053%) VMware NSX
4 1 (0.053%) vSphere
Systems Management
1 4 (0.21%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Single Sign-On
3 1 (0.053%) Microsoft Intune
3 1 (0.053%) SCCM
Vendors
1 116 (6.17%) Microsoft
2 106 (5.64%) SAP
3 57 (3.03%) Oracle
4 47 (2.50%) Salesforce
5 42 (2.23%) Bloomberg
6 35 (1.86%) ServiceNow
7 22 (1.17%) OpenLink
8 16 (0.85%) ION Trading
9 14 (0.74%) Adobe
10 13 (0.69%) MarketAxess
10 13 (0.69%) Tradeweb
11 12 (0.64%) BISAM
11 12 (0.64%) Pega
11 12 (0.64%) Workday
12 11 (0.59%) Murex
13 9 (0.48%) Cadence
13 9 (0.48%) Refinitiv
14 8 (0.43%) Ariba
15 7 (0.37%) Calypso
15 7 (0.37%) IBM