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 14 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
14 May 2024
Same period 2023 Same period 2022
Rank 42 41 35
Rank change year-on-year -1 -6 +19
Contract jobs requiring a Business Analyst 1,836 3,000 5,355
As % of all contract jobs advertised in the UK 4.30% 5.20% 6.08%
As % of the Job Titles category 4.64% 5.50% 6.37%
Number of daily rates quoted 1,282 2,192 3,976
10th Percentile £375 £400 £375
25th Percentile £438 £450 £420
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +8.11%
75th Percentile £625 £600 £588
90th Percentile £725 £700 £660
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 8 14 15
10th Percentile - £20.78 £18.70
25th Percentile £20.77 £29.74 £22.09
Median hourly rate £25.25 £60.25 £26.27
Median % change year-on-year -58.09% +129.35% -28.03%
75th Percentile £50.00 £64.69 £42.63
90th Percentile £57.50 £68.50 £53.45
UK excluding London median hourly rate £20.77 £63.75 £22.09
% change year-on-year -67.42% +188.59% -5.64%

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 39,586 54,569 84,106
% of contract IT jobs with a recognized job title 92.77% 94.66% 95.42%
Number of daily rates quoted 25,744 38,105 59,089
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.01%
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 2,669 1,523 2,070
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.45 £15.75
Median hourly rate £37.18 £45.00 £23.91
Median % change year-on-year -17.38% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £73.02 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

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 14 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 14 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 14 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 -5 1,575 £550 +4.76% 364
London +1 1,074 £575 +4.55% 182
Work from Home +3 774 £550 +10.00% 163
UK excluding London -23 570 £450 -5.26% 187
North of England -6 191 £475 -5.00% 60
South East -30 117 £475 - 46
North West -8 101 £475 +0.53% 28
Scotland +6 98 £450 +4.65% 6
Yorkshire -11 79 £475 -5.00% 27
Midlands -33 75 £450 -5.26% 38
East of England 0 49 £425 -12.82% 15
West Midlands -39 47 £450 -5.26% 24
South West -49 33 £491 -6.43% 12
East Midlands +12 26 £425 -9.33% 14
North East +8 10 £425 -15.00% 5
Wales +6 7 £420 -11.58% 4
Northern Ireland -4 3 £400 -3.03% 8

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

For the 6 months to 14 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.

1 552 (30.07%) Finance
2 503 (27.40%) Agile
3 501 (27.29%) Social Skills
4 439 (23.91%) Business Analysis
5 313 (17.05%) Requirements Gathering
6 302 (16.45%) Stakeholder Management
7 279 (15.20%) User Stories
8 253 (13.78%) Banking
9 241 (13.13%) Analytical Skills
10 210 (11.44%) Degree
11 198 (10.78%) Problem-Solving
12 195 (10.62%) SQL
13 164 (8.93%) Project Management
14 163 (8.88%) Workshop Facilitation
15 161 (8.77%) User Acceptance Testing
16 148 (8.06%) Migration
17 143 (7.79%) Public Sector
18 142 (7.73%) Data Analysis
19 140 (7.63%) Product Ownership
20 132 (7.19%) GAP Analysis
21 129 (7.03%) Change Management
22 128 (6.97%) Scrum
22 128 (6.97%) Acceptance Criteria
23 121 (6.59%) JIRA
24 113 (6.15%) Microsoft
25 110 (5.99%) ERP
26 108 (5.88%) Use Case
26 108 (5.88%) Azure
27 106 (5.77%) Business Intelligence
28 104 (5.66%) Security Cleared

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 70 (3.81%) Confluence
2 37 (2.02%) SharePoint
3 10 (0.54%) MTS
4 6 (0.33%) Adobe Experience Manager
5 5 (0.27%) CMS
6 4 (0.22%) Microsoft Exchange
7 3 (0.16%) Apache
7 3 (0.16%) ArcGIS
7 3 (0.16%) SAS
8 2 (0.11%) Apache Spark
9 1 (0.054%) Apache Airflow
9 1 (0.054%) LiveLink
9 1 (0.054%) SharePoint 2013
Applications
1 81 (4.41%) Microsoft Excel
2 80 (4.36%) MS Visio
3 51 (2.78%) Microsoft PowerPoint
4 45 (2.45%) Microsoft Office
5 9 (0.49%) Spreadsheet
6 7 (0.38%) Microsoft Project
7 4 (0.22%) Chatbot
8 3 (0.16%) Trello
9 1 (0.054%) InVision
9 1 (0.054%) Sketch
9 1 (0.054%) SPSS
Business Applications
1 48 (2.61%) Endur
2 25 (1.36%) Loan IQ
3 21 (1.14%) Aligne
4 18 (0.98%) Dynamics CRM
4 18 (0.98%) SAP S/4HANA
5 15 (0.82%) Aladdin
6 10 (0.54%) EuroRunner
7 9 (0.49%) ION MarketView
8 7 (0.38%) NetSuite
8 7 (0.38%) SAP PM
9 5 (0.27%) Oracle Financials
9 5 (0.27%) SAP Hybris
10 4 (0.22%) Salesforce CRM
10 4 (0.22%) SAP MDG
10 4 (0.22%) Shopify
11 3 (0.16%) Magento
11 3 (0.16%) Maximo
11 3 (0.16%) Oracle Procure-to-Pay
11 3 (0.16%) SAP ERP
12 2 (0.11%) Remedy ITSM
Cloud Services
1 108 (5.88%) Azure
2 87 (4.74%) Power Platform
3 67 (3.65%) AWS
4 39 (2.12%) SaaS
5 31 (1.69%) Azure DevOps
6 24 (1.31%) Dynamics 365
7 14 (0.76%) Microsoft 365
8 13 (0.71%) SuccessFactors
9 9 (0.49%) Miro
10 8 (0.44%) Cloud Computing
10 8 (0.44%) Collibra
10 8 (0.44%) SAP Commerce Cloud
11 7 (0.38%) Lucidchart
12 6 (0.33%) OCI
12 6 (0.33%) PaaS
12 6 (0.33%) Salesforce Commerce Cloud
13 5 (0.27%) Adobe Analytics
13 5 (0.27%) Entra ID
13 5 (0.27%) Google Analytics
14 4 (0.22%) IBM Blueworks
Communications & Networking
1 14 (0.76%) FIX Connectivity
2 6 (0.33%) Radio Access Network
3 5 (0.27%) Internet
4 4 (0.22%) WAN
5 3 (0.16%) Intranet
5 3 (0.16%) NAS
5 3 (0.16%) SD-WAN
6 2 (0.11%) 4G
6 2 (0.11%) 5G
6 2 (0.11%) Firewall
6 2 (0.11%) WinSCP
7 1 (0.054%) Ethernet
7 1 (0.054%) Intrusion Detection
7 1 (0.054%) LTE
7 1 (0.054%) MPLS
7 1 (0.054%) Network Security
7 1 (0.054%) Reverse Proxy
7 1 (0.054%) Wireless
Database & Business Intelligence
1 82 (4.47%) Power BI
2 34 (1.85%) Data Warehouse
3 19 (1.03%) Tableau
4 17 (0.93%) Relational Database
5 10 (0.54%) NoSQL
5 10 (0.54%) SQL Server Integration Services
6 9 (0.49%) Data Lake
6 9 (0.49%) Metadata
7 8 (0.44%) Geospatial Data
7 8 (0.44%) SAP HANA
7 8 (0.44%) SQL Server
8 7 (0.38%) Big Data
9 5 (0.27%) BusinessObjects Business Intelligence
9 5 (0.27%) Electronic Patient Records
10 4 (0.22%) Data Mart
10 4 (0.22%) PostgreSQL
10 4 (0.22%) RDBMS
10 4 (0.22%) SQL Server Analysis Services
10 4 (0.22%) SQL Server Reporting Services
11 3 (0.16%) GIS
Development Applications
1 121 (6.59%) JIRA
2 15 (0.82%) Eclipse
3 11 (0.60%) TeamCity
4 9 (0.49%) Postman
4 9 (0.49%) SoapUI
5 7 (0.38%) PyCharm
6 2 (0.11%) Balsamiq
7 1 (0.054%) Rational Software Modeler
7 1 (0.054%) Visual Studio Team System
General
1 552 (30.07%) Finance
2 501 (27.29%) Social Skills
3 253 (13.78%) Banking
4 241 (13.13%) Analytical Skills
5 143 (7.79%) Public Sector
6 102 (5.56%) Front Office
7 91 (4.96%) Inclusion and Diversity
8 76 (4.14%) Investment Banking
9 72 (3.92%) Manufacturing
10 67 (3.65%) Presentation Skills
11 58 (3.16%) Retail
12 50 (2.72%) Back Office
13 45 (2.45%) Marketing
14 38 (2.07%) Influencing Skills
15 37 (2.02%) Pharmaceutical
16 29 (1.58%) Legal
17 27 (1.47%) Telecoms
18 24 (1.31%) Local Government
19 20 (1.09%) Organisational Skills
20 18 (0.98%) Documentation Skills
Libraries, Frameworks & Software Standards
1 24 (1.31%) XML
2 21 (1.14%) FIX Protocol
3 13 (0.71%) JSON
4 11 (0.60%) Web Services
5 8 (0.44%) .NET
5 8 (0.44%) SOAP
6 7 (0.38%) Oracle Fusion
6 7 (0.38%) SAP PI
7 5 (0.27%) Apache Camel
7 5 (0.27%) SailPoint
8 4 (0.22%) ADO
8 4 (0.22%) OAuth
8 4 (0.22%) VML
9 3 (0.16%) HTML
10 2 (0.11%) Middleware
10 2 (0.11%) OAuth2
10 2 (0.11%) OpenID
11 1 (0.054%) AngularJS
11 1 (0.054%) Kafka
11 1 (0.054%) React
Miscellaneous
1 140 (7.63%) Product Ownership
2 67 (3.65%) Derivative
3 58 (3.16%) Fixed Income
4 57 (3.10%) Foreign Exchange (FX)
5 51 (2.78%) Equities
6 36 (1.96%) Hedge funds
7 35 (1.91%) Onboarding
8 32 (1.74%) Management Information System
9 31 (1.69%) SWIFT Messaging Network
10 26 (1.42%) Data Protection Act
11 25 (1.36%) Renewable Energy
12 24 (1.31%) Reinsurance
13 21 (1.14%) Mobile App
14 18 (0.98%) Market Risk
14 18 (0.98%) Self-Motivation
15 17 (0.93%) IoT
16 15 (0.82%) Greenfield Project
17 14 (0.76%) Learning Management System
17 14 (0.76%) Solar Panel
18 12 (0.65%) Analytical Mindset
Operating Systems
1 23 (1.25%) Windows
2 17 (0.93%) Unix
3 7 (0.38%) Linux
4 5 (0.27%) Apple iOS
5 4 (0.22%) Windows 10
5 4 (0.22%) Windows Server
6 3 (0.16%) Mac OS
6 3 (0.16%) VMS
7 2 (0.11%) Windows 7
7 2 (0.11%) Windows Server 2008
7 2 (0.11%) Windows Server 2012
8 1 (0.054%) Android
Processes & Methodologies
1 503 (27.40%) Agile
2 439 (23.91%) Business Analysis
3 313 (17.05%) Requirements Gathering
4 302 (16.45%) Stakeholder Management
5 279 (15.20%) User Stories
6 198 (10.78%) Problem-Solving
7 164 (8.93%) Project Management
8 163 (8.88%) Workshop Facilitation
9 161 (8.77%) User Acceptance Testing
10 148 (8.06%) Migration
11 142 (7.73%) Data Analysis
12 132 (7.19%) GAP Analysis
13 129 (7.03%) Change Management
14 128 (6.97%) Acceptance Criteria
14 128 (6.97%) Scrum
15 110 (5.99%) ERP
16 108 (5.88%) Use Case
17 106 (5.77%) Business Intelligence
18 101 (5.50%) Process Improvement
19 95 (5.17%) Asset Management
Programming Languages
1 195 (10.62%) SQL
2 51 (2.78%) Python
3 26 (1.42%) Java
4 17 (0.93%) JavaScript
5 7 (0.38%) Groovy
6 6 (0.33%) C#
7 5 (0.27%) PL/SQL
7 5 (0.27%) VBA
7 5 (0.27%) XPath
7 5 (0.27%) XQuery
8 3 (0.16%) R
9 1 (0.054%) JCL
9 1 (0.054%) Shell Script
Qualifications
1 210 (11.44%) Degree
2 104 (5.66%) Security Cleared
3 82 (4.47%) SC Cleared
4 29 (1.58%) BPSS Clearance
5 22 (1.20%) CBAP
6 20 (1.09%) IIBA
7 13 (0.71%) DV Cleared
8 11 (0.60%) ISEB
9 9 (0.49%) ACCA
9 9 (0.49%) CIMA
9 9 (0.49%) Master's Degree
10 7 (0.38%) CSPO
10 7 (0.38%) Numerate Degree
11 6 (0.33%) Computer Science Degree
12 5 (0.27%) Microsoft Certification
12 5 (0.27%) PMI Certification
13 4 (0.22%) ITIL Certification
14 3 (0.16%) HNC
14 3 (0.16%) MBA
15 2 (0.11%) MCSA
Quality Assurance & Compliance
1 88 (4.79%) QA
2 49 (2.67%) Data Quality
3 37 (2.02%) GDPR
4 36 (1.96%) EMIR
5 35 (1.91%) MiFID
6 22 (1.20%) GxP
7 20 (1.09%) SEPA
8 19 (1.03%) Good Clinical Practice
9 16 (0.87%) PMO
10 14 (0.76%) Dodd-Frank
11 13 (0.71%) PCI DSS
12 9 (0.49%) ISO 20022
13 6 (0.33%) Actionable Recommendations
13 6 (0.33%) ISO/IEC 27001
14 4 (0.22%) Accessibility
14 4 (0.22%) Basel III
14 4 (0.22%) Disclosure Scotland
14 4 (0.22%) NIST
14 4 (0.22%) SLA
15 3 (0.16%) GRC
System Software
1 10 (0.54%) Active Directory
2 3 (0.16%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.054%) Hyper-V
4 1 (0.054%) VMware Infrastructure
4 1 (0.054%) VMware NSX
4 1 (0.054%) vSphere
Systems Management
1 4 (0.22%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Single Sign-On
3 1 (0.054%) Microsoft Intune
3 1 (0.054%) SCCM
Vendors
1 113 (6.15%) Microsoft
2 103 (5.61%) SAP
3 56 (3.05%) Oracle
4 47 (2.56%) Salesforce
5 42 (2.29%) Bloomberg
6 36 (1.96%) ServiceNow
7 21 (1.14%) OpenLink
8 16 (0.87%) ION Trading
9 14 (0.76%) Adobe
9 14 (0.76%) Workday
10 13 (0.71%) MarketAxess
10 13 (0.71%) Tradeweb
11 12 (0.65%) BISAM
12 11 (0.60%) Guidewire
12 11 (0.60%) Murex
13 9 (0.49%) Cadence
13 9 (0.49%) Refinitiv
14 8 (0.44%) Ariba
15 7 (0.38%) Calypso
15 7 (0.38%) Pega