Chartered Institute of Public Finance and Accountancy (CIPFA)
UK

The following table provides summary statistics for contract job vacancies with a requirement for CIPFA qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 587 710 853
Rank change year-on-year +123 +143 -
Contract jobs citing CIPFA 4 8 1
As % of all contract jobs advertised in the UK 0.009% 0.014% 0.001%
As % of the Qualifications category 0.030% 0.049% 0.005%
Number of daily rates quoted 2 5 1
10th Percentile £227 £560 -
25th Percentile £289 £613 £513
Median daily rate (50th Percentile) £395 £650 £525
Median % change year-on-year -39.23% +23.81% -
75th Percentile £499 £700 £538
90th Percentile £560 £783 -
UK excluding London median daily rate £190 £638 -
% change year-on-year -70.20% - -
Number of hourly rates quoted 2 0 0
Median hourly rate £54.00 - -
UK excluding London median hourly rate £54.00 - -

All Academic and Professional Certifications
UK

CIPFA is in the Academic Qualifications and Professional Certifications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for academic qualifications or professional certifications.

Contract vacancies requiring academic qualifications or professional certifications 13,175 16,164 19,041
As % of all contract IT jobs advertised in the UK 30.53% 27.33% 21.46%
Number of daily rates quoted 8,128 10,779 12,573
10th Percentile £300 £325 £325
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £535 £550 £525
Median % change year-on-year -2.73% +4.76% +8.25%
75th Percentile £650 £650 £625
90th Percentile £744 £743 £700
UK excluding London median daily rate £530 £530 £500
% change year-on-year - +6.00% +11.11%
Number of hourly rates quoted 1,075 848 773
10th Percentile £13.86 £15.25 £14.25
25th Percentile £17.84 £20.00 £19.52
Median hourly rate £40.00 £54.00 £42.00
Median % change year-on-year -25.93% +28.57% +10.82%
75th Percentile £61.60 £68.25 £57.50
90th Percentile £75.25 £80.00 £66.53
UK excluding London median hourly rate £40.94 £49.94 £34.69
% change year-on-year -18.02% +43.96% +0.43%

CIPFA
Job Vacancy Trend

Job postings citing CIPFA as a proportion of all IT jobs advertised.

Job vacancy trend for CIPFA in the UK

CIPFA
Contractor Daily Rate Trend

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

Daily rate trend for CIPFA in the UK

CIPFA
Daily Rate Histogram

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

Daily rate histogram for CIPFA in the UK

CIPFA
Contractor Hourly Rate Trend

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

Hourly rate trend for CIPFA in the UK

CIPFA
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing CIPFA 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
Work from Home +132 4 £395 -32.77% 5
England +110 4 £395 -52.12% 5
UK excluding London +64 3 £190 -70.20% 2
North of England - 2 - -
North West - 2 - -
London +99 1 £600 -27.27% 3
South East - 1 £190 - 1

CIPFA
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:

Applications
1 1 (25.00%) Microsoft Excel
1 1 (25.00%) Microsoft Office
General
1 3 (75.00%) Finance
2 2 (50.00%) Analytical Skills
2 2 (50.00%) Local Government
3 1 (25.00%) General Ledger
Job Titles
1 3 (75.00%) Accountant
2 1 (25.00%) Customer Service Assistant
2 1 (25.00%) Management Accountant
2 1 (25.00%) Services Director
Miscellaneous
1 1 (25.00%) Housing Association
Processes & Methodologies
1 2 (50.00%) Data Interpretation
2 1 (25.00%) Asset Management
2 1 (25.00%) Budgeting and Forecasting
2 1 (25.00%) Customer Service
2 1 (25.00%) Financial Analysis
2 1 (25.00%) Stakeholder Management
Qualifications
1 3 (75.00%) ACCA
1 3 (75.00%) CIMA
2 1 (25.00%) Degree
2 1 (25.00%) ICAEW