Business IT Analyst Contracts

Business IT Analyst
UK

The median Business IT Analyst daily rate in the UK is £525 according to job vacancies posted during the 6 months to 10 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
10 May 2024
Same period 2023 Same period 2022
Rank 496 551 599
Rank change year-on-year +55 +48 -43
Contract jobs requiring a Business IT Analyst 86 152 244
As % of all contract jobs advertised in the UK 0.20% 0.26% 0.28%
As % of the Job Titles category 0.22% 0.28% 0.29%
Number of daily rates quoted 58 84 161
10th Percentile £406 £400 £380
25th Percentile £452 £436 £425
Median daily rate (50th Percentile) £525 £500 £500
Median % change year-on-year +5.00% - +11.11%
75th Percentile £584 £575 £588
90th Percentile £638 £688 £713
UK excluding London median daily rate £475 £450 £450
% change year-on-year +5.56% - +9.09%
Number of hourly rates quoted 1 2 0
Median hourly rate £75.00 £62.50 -
Median % change year-on-year +20.00% - -
UK excluding London median hourly rate - - -

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 39,888 54,783 83,316
% of contract IT jobs with a recognized job title 92.76% 94.63% 95.43%
Number of daily rates quoted 25,953 38,247 58,493
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% +10.53%
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 2,674 1,534 2,048
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.75
Median hourly rate £37.34 £45.00 £23.91
Median % change year-on-year -17.02% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.90 £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 IT Analyst
Job Vacancy Trend

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

Job vacancy trend for Business IT Analyst in the UK

Business IT Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Business IT Analyst in the UK

Business IT Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Business IT Analyst over the 6 months to 10 May 2024.

Daily rate histogram for Business IT Analyst in the UK

Business IT Analyst
Contractor Hourly Rate Trend

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

Hourly rate trend for Business IT Analyst in the UK

Business IT Analyst
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business IT Analyst within the UK over the 6 months to 10 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 +34 74 £525 +2.44% 14
London +44 51 £563 +2.27% 5
Work from Home +105 41 £525 +9.38% 7
UK excluding London +46 31 £475 +5.56% 10
South East +29 15 £500 +8.70% 2
Scotland +41 9 £425 -5.56% 1
North of England +30 5 £499 +10.83% 3
Yorkshire +20 4 £499 -0.25% 1
Midlands +19 1 £475 +5.56% 3
North West +18 1 - - 2
South West +14 1 - -
West Midlands +11 1 £475 +5.56% 1

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

For the 6 months to 10 May 2024, Business IT 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 IT Analyst in the job title.

1 35 (40.70%) Social Skills
2 29 (33.72%) Business Analysis
3 28 (32.56%) Agile
4 27 (31.40%) Analytical Skills
5 26 (30.23%) Stakeholder Management
6 23 (26.74%) Finance
7 20 (23.26%) Change Management
7 20 (23.26%) Banking
7 20 (23.26%) Problem-Solving
8 16 (18.60%) DevOps
8 16 (18.60%) Project Management
9 15 (17.44%) ITIL
9 15 (17.44%) Requirements Gathering
10 13 (15.12%) Service Management
10 13 (15.12%) ITSM
10 13 (15.12%) Manufacturing
10 13 (15.12%) Requirements Management
10 13 (15.12%) Degree
11 12 (13.95%) GAP Analysis
11 12 (13.95%) Business Case
12 11 (12.79%) Business Process Modelling
13 10 (11.63%) Data Analysis
13 10 (11.63%) SDLC
14 9 (10.47%) Acceptance Criteria
14 9 (10.47%) User Acceptance Testing
14 9 (10.47%) SaaS
15 8 (9.30%) ERP
15 8 (9.30%) Presentation Skills
15 8 (9.30%) Business Process Mapping
16 7 (8.14%) Influencing Skills

Business IT 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 2 (2.33%) Confluence
2 1 (1.16%) SharePoint
2 1 (1.16%) SharePoint 2013
Applications
1 1 (1.16%) InVision
1 1 (1.16%) Microsoft Excel
1 1 (1.16%) Microsoft PowerPoint
1 1 (1.16%) MS Visio
1 1 (1.16%) Sketch
Business Applications
1 2 (2.33%) Aligne
2 1 (1.16%) Dynamics CRM
2 1 (1.16%) Dynamics NAV
2 1 (1.16%) Loan IQ
Cloud Services
1 9 (10.47%) SaaS
2 7 (8.14%) AWS
3 6 (6.98%) PaaS
4 4 (4.65%) Azure
5 3 (3.49%) Azure DevOps
6 2 (2.33%) WhatsApp
7 1 (1.16%) Dynamics 365
7 1 (1.16%) Figma
7 1 (1.16%) Microsoft 365
7 1 (1.16%) Miro
Communications & Networking
1 1 (1.16%) Firewall
1 1 (1.16%) Intrusion Detection
Database & Business Intelligence
1 4 (4.65%) Relational Database
2 1 (1.16%) Data Warehouse
Development Applications
1 4 (4.65%) JIRA
2 1 (1.16%) Balsamiq
General
1 35 (40.70%) Social Skills
2 27 (31.40%) Analytical Skills
3 23 (26.74%) Finance
4 20 (23.26%) Banking
5 13 (15.12%) Manufacturing
6 8 (9.30%) Presentation Skills
7 7 (8.14%) Influencing Skills
8 5 (5.81%) Investment Banking
9 4 (4.65%) Marketing
9 4 (4.65%) Public Sector
10 2 (2.33%) Retail
11 1 (1.16%) Automotive
11 1 (1.16%) Back Office
11 1 (1.16%) Billing
11 1 (1.16%) General Ledger
11 1 (1.16%) Local Government
11 1 (1.16%) Organisational Skills
Libraries, Frameworks & Software Standards
1 1 (1.16%) .NET
1 1 (1.16%) ADO
1 1 (1.16%) Web Services
Miscellaneous
1 4 (4.65%) Data Protection Act
1 4 (4.65%) IoT
1 4 (4.65%) Product Ownership
2 3 (3.49%) Management Information System
3 2 (2.33%) Cyberattack
3 2 (2.33%) Data Structures
3 2 (2.33%) Mobile App
3 2 (2.33%) Reinsurance
3 2 (2.33%) Wiki
4 1 (1.16%) Derivative
4 1 (1.16%) Equities
4 1 (1.16%) Fixed Income
4 1 (1.16%) Operational Technology
4 1 (1.16%) Renewable Energy
4 1 (1.16%) Smart Meter
4 1 (1.16%) Solar Panel
Operating Systems
1 1 (1.16%) Windows
1 1 (1.16%) Windows 7
1 1 (1.16%) Windows Server 2008
1 1 (1.16%) Windows Server 2012
Processes & Methodologies
1 29 (33.72%) Business Analysis
2 28 (32.56%) Agile
3 26 (30.23%) Stakeholder Management
4 20 (23.26%) Change Management
4 20 (23.26%) Problem-Solving
5 16 (18.60%) DevOps
5 16 (18.60%) Project Management
6 15 (17.44%) ITIL
6 15 (17.44%) Requirements Gathering
7 13 (15.12%) ITSM
7 13 (15.12%) Requirements Management
7 13 (15.12%) Service Management
8 12 (13.95%) Business Case
8 12 (13.95%) GAP Analysis
9 11 (12.79%) Business Process Modelling
10 10 (11.63%) Data Analysis
10 10 (11.63%) SDLC
11 9 (10.47%) Acceptance Criteria
11 9 (10.47%) User Acceptance Testing
12 8 (9.30%) Business Process Mapping
Programming Languages
1 1 (1.16%) SQL
Qualifications
1 13 (15.12%) Degree
2 3 (3.49%) Computer Science Degree
2 3 (3.49%) ITIL Certification
3 2 (2.33%) Security Cleared
4 1 (1.16%) CBAP
4 1 (1.16%) CSPO
4 1 (1.16%) IIBA
4 1 (1.16%) Master's Degree
4 1 (1.16%) MBA
4 1 (1.16%) Six Sigma Green Belt
Quality Assurance & Compliance
1 6 (6.98%) ISO/IEC 27001
2 4 (4.65%) QA
3 2 (2.33%) GDPR
4 1 (1.16%) Actionable Recommendations
4 1 (1.16%) Disclosure Scotland
4 1 (1.16%) GAAP
4 1 (1.16%) NIST
4 1 (1.16%) PCI DSS
Vendors
1 6 (6.98%) SAP
2 4 (4.65%) SmartStream
3 3 (3.49%) Microsoft
4 1 (1.16%) Adobe
4 1 (1.16%) Cadence
4 1 (1.16%) MuleSoft
4 1 (1.16%) Oracle
4 1 (1.16%) Salesforce