The table below looks at the statistics for COREP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited COREP over the 3 months to 22 February 2017 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
22 Feb 2017
Same period 2016 Same period 2015
Common Reporting (COREP)
UK
Rank 592 618 601
Rank change year-on-year
+26 -17
Contract jobs citing COREP 2 11 15
As % of all contract IT jobs located in the UK 0.004% 0.021% 0.029%
As % of the Quality Assurance & Compliance category 0.044% 0.21% 0.30%
Number of daily rates quoted 0 10 15
Median daily rate - £550 £550
UK excluding London median daily rate - £428 £538
% change year-on-year
- -20.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4514 5136 4931
As % of all contract IT jobs located in the UK 9.95% 9.88% 9.55%
Number of daily rates quoted 2939 3184 2987
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £273 £225
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £416 £400 £395
% change year-on-year
+4.00% +1.26%
Number of hourly rates quoted 153 198 164
Median hourly rate £20.50 £42.50 £22.50
Median hourly rate % change year-on-year
-51.76% +88.88%
90% offered a hourly rate of more than £11.00 £13.15 £11.00
10% offered a hourly rate of more than £52.20 £61.00 £49.10
UK excluding London median hourly rate £20.00 £44.00 £23.50
% change year-on-year
-54.54% +87.23%

COREP
Jobs Demand Trend

The demand trend of contract jobs citing COREP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in the UK

COREP
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing COREP within the UK.

COREP Daily Rate Trend in the UK

COREP
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing COREP within the UK over the 3 months to 22 February 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +36 2 - - 1
London +18 2 - - 1

COREP
Top 30 Related IT Skills

For the 6 months to 22 February 2017, IT contractor jobs citing COREP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for COREP.

1 6 (85.71%) Finance
2 5 (71.43%) FINREP
3 4 (57.14%) IFRS
3 4 (57.14%) IFRS 9
4 3 (42.86%) Banking
4 3 (42.86%) Business Analysis
5 2 (28.57%) Stress Testing
5 2 (28.57%) Retail
5 2 (28.57%) Migration
5 2 (28.57%) Stakeholder Management
6 1 (14.29%) Agile Software Development
6 1 (14.29%) C#
6 1 (14.29%) Java
6 1 (14.29%) Oracle
6 1 (14.29%) SQL Server
6 1 (14.29%) Sybase
6 1 (14.29%) SAP
6 1 (14.29%) XML
6 1 (14.29%) Unix
6 1 (14.29%) Data Warehouse
6 1 (14.29%) ETL
6 1 (14.29%) Microsoft
6 1 (14.29%) XBRL
6 1 (14.29%) Shell Script
6 1 (14.29%) Data Mart
6 1 (14.29%) SDLC
6 1 (14.29%) Target Operating Model
6 1 (14.29%) Fintech
6 1 (14.29%) Programme Governance
6 1 (14.29%) Test Scripting

COREP
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 1 (14.29%) Data Mart
1 1 (14.29%) Data Warehouse
1 1 (14.29%) Oracle Database
1 1 (14.29%) SQL Server
General
1 6 (85.71%) Finance
2 3 (42.86%) Banking
3 2 (28.57%) Retail
4 1 (14.29%) Retail Banking
Job Titles
1 2 (28.57%) Analyst
1 2 (28.57%) Business Analyst
1 2 (28.57%) Developer
1 2 (28.57%) Programme Manager
2 1 (14.29%) Lead Business Analyst
2 1 (14.29%) Project Manager
2 1 (14.29%) Retail Banking Project Manager
2 1 (14.29%) SQL Developer
2 1 (14.29%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 1 (14.29%) XBRL
1 1 (14.29%) XML
Miscellaneous
1 1 (14.29%) Computer Science
1 1 (14.29%) Credit Risk
1 1 (14.29%) Fintech
Operating Systems
1 1 (14.29%) Unix
Processes & Methodologies
1 3 (42.86%) Business Analysis
2 2 (28.57%) Migration
2 2 (28.57%) Stakeholder Management
2 2 (28.57%) Stress Testing
3 1 (14.29%) Agile Software Development
3 1 (14.29%) Data Migration
3 1 (14.29%) ETL
3 1 (14.29%) Programme Governance
3 1 (14.29%) SDLC
3 1 (14.29%) Target Operating Model
3 1 (14.29%) Test Scripting
3 1 (14.29%) User Acceptance Testing
Programming Languages
1 1 (14.29%) C#
1 1 (14.29%) Java
1 1 (14.29%) Shell Script
Qualifications
1 1 (14.29%) Degree
Quality Assurance & Compliance
1 5 (71.43%) FINREP
2 4 (57.14%) IFRS
2 4 (57.14%) IFRS 9
3 1 (14.29%) Basel III
Vendors
1 1 (14.29%) Microsoft
1 1 (14.29%) Oracle
1 1 (14.29%) SAP
1 1 (14.29%) Sybase