The table below looks at the statistics for COREP skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 1 September 2015 with a comparison to the same period in 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.

Location
3 months to
1 Sep 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 595 598 568
Rank change year-on-year
+3 -30
Contract jobs citing COREP 30 18 24
As % of all contract IT jobs located in the UK 0.051% 0.032% 0.046%
As % of the Quality Assurance & Compliance category 0.64% 0.40% 0.62%
Number of daily rates quoted 25 14 20
Average daily rate
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£550 £550 £500
Average daily rate % change year-on-year
- +10.00%
90% offered a daily rate of more than £510 £473 £398
10% offered a daily rate of more than £645 £600 £605
UK excluding London average daily rate £544 £550 £425
% change year-on-year
-1.13% +29.41%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
4693 4492 3889
As % of all contract IT jobs located in the UK 7.91% 7.94% 7.38%
Number of daily rates quoted 2893 2723 2282
Average daily rate £425 £400 £425
Average daily rate % change year-on-year
+6.25% -5.88%
90% offered a daily rate of more than £263 £225 £263
10% offered a daily rate of more than £575 £550 £625
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 199 203 163
Average hourly rate £21.55 £19.50 £17.50
Average hourly rate % change year-on-year
+10.51% +11.42%
90% offered a hourly rate of more than £11.87 £12.00 £10.00
10% offered a hourly rate of more than £50.94 £45.00 £37.50
UK excluding London average hourly rate £21.64 £19.75 £17.50
% change year-on-year
+9.56% +12.85%

COREP
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing COREP within the UK as a proportion of the total demand within 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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP within the UK over the 3 months to 1 September 2015.

COREP Daily Rate Histogram in the UK

COREP
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing COREP within the UK over the 3 months to 1 September 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England 0 30 £550 - 6
London +7 21 £550 -5.90% 4
Yorkshire -25 6 £525 +61.53%
South Yorkshire - 5 £525 -
Sheffield - 5 £525 -
City of London +5 4 £538 -2.27%
Wiltshire -4 3 £638 +15.90% 2
Swindon -4 3 £638 +15.90% 2
South West -7 3 £638 +15.90% 2
Halifax +4 1 £550 +69.23%
West Yorkshire -25 1 £550 +69.23%

COREP
Top 30 Related IT Skills

For the 6 months to 1 September 2015, IT contractor jobs within the UK citing COREP also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited COREP.

1 53 (89.83%) Finance
2 25 (42.37%) Banking
3 24 (40.68%) FINREP
4 20 (33.90%) Investment Banking
5 17 (28.81%) Business Analysis
6 16 (27.12%) CRD IV
7 12 (20.34%) Back Office
7 12 (20.34%) Derivative
8 11 (18.64%) Degree
8 11 (18.64%) General Ledger
8 11 (18.64%) Technical Analysis
8 11 (18.64%) Basel III
8 11 (18.64%) Stress Testing
9 10 (16.95%) Reference Data
9 10 (16.95%) Data Analysis
9 10 (16.95%) Basel II
9 10 (16.95%) MS Excel
9 10 (16.95%) Data Modelling
9 10 (16.95%) Analytical Skills
10 9 (15.25%) Microsoft
10 9 (15.25%) IT Governance
10 9 (15.25%) Agile Software Development
10 9 (15.25%) Credit Risk
10 9 (15.25%) Data Integration
11 8 (13.56%) Waterfall
11 8 (13.56%) Equities
11 8 (13.56%) Fixed Income
11 8 (13.56%) Data Warehouse
11 8 (13.56%) Business Intelligence
12 7 (11.86%) Foreign Exchange (FX)

COREP
Top Related IT Skills by Category

For the 6 months to 1 September 2015, IT contractor jobs within the UK citing COREP also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited COREP. Up to 20 skills are shown per category.

Application Platforms
1 4 (6.78%) SAS
Applications
1 10 (16.95%) MS Excel
2 2 (3.39%) Spreadsheet
Database & Business Intelligence
1 8 (13.56%) Data Warehouse
2 6 (10.17%) BusinessObjects
3 3 (5.08%) MS Access
4 2 (3.39%) NoSQL
4 2 (3.39%) SQL Server
5 1 (1.69%) Oracle Reports
Development Applications
1 5 (8.47%) Subversion
2 1 (1.69%) JIRA
General
1 53 (89.83%) Finance
2 25 (42.37%) Banking
3 20 (33.90%) Investment Banking
4 12 (20.34%) Back Office
5 11 (18.64%) General Ledger
6 7 (11.86%) Retail
7 4 (6.78%) Retail Banking
8 2 (3.39%) Advertising
8 2 (3.39%) Telecoms
9 1 (1.69%) Legal
9 1 (1.69%) Front Office
Job Titles
1 30 (50.85%) Analyst
2 27 (45.76%) Business Analyst
3 15 (25.42%) Architect
4 10 (16.95%) Developer
5 9 (15.25%) Solutions Architect
6 6 (10.17%) Senior Analyst
6 6 (10.17%) Data Architect
7 5 (8.47%) Senior Business Analyst
8 4 (6.78%) Report Analyst
8 4 (6.78%) Information Architect
8 4 (6.78%) Consultant
8 4 (6.78%) Excel Developer
9 3 (5.08%) VBA Developer
9 3 (5.08%) Investment Banking Business Analyst
9 3 (5.08%) Senior Developer
10 2 (3.39%) Risk Analyst
10 2 (3.39%) Access Developer
10 2 (3.39%) Enterprise Architect
10 2 (3.39%) Microsoft Developer
10 2 (3.39%) Excel VBA Developer
Libraries, Frameworks & Software Standards
1 6 (10.17%) XBRL
2 2 (3.39%) XML
3 1 (1.69%) OLE
3 1 (1.69%) OLE DB
Miscellaneous
1 12 (20.34%) Derivative
2 10 (16.95%) Reference Data
2 10 (16.95%) Analytical Skills
3 9 (15.25%) Data Integration
3 9 (15.25%) Credit Risk
4 8 (13.56%) Fixed Income
4 8 (13.56%) Equities
5 7 (11.86%) Contract for Difference
5 7 (11.86%) Foreign Exchange (FX)
6 5 (8.47%) Market Risk
7 4 (6.78%) Credit Derivative
8 2 (3.39%) Data Extraction
9 1 (1.69%) Computer Science
Operating Systems
1 6 (10.17%) UNIX
1 6 (10.17%) Linux
Processes & Methodologies
1 17 (28.81%) Business Analysis
2 11 (18.64%) Stress Testing
2 11 (18.64%) Technical Analysis
3 10 (16.95%) Data Analysis
3 10 (16.95%) Data Modelling
4 9 (15.25%) Agile Software Development
4 9 (15.25%) IT Governance
5 8 (13.56%) Business Intelligence
5 8 (13.56%) Waterfall
6 7 (11.86%) User Acceptance Testing
6 7 (11.86%) Project Management
6 7 (11.86%) TOGAF
6 7 (11.86%) Information Management
7 6 (10.17%) Data Management
7 6 (10.17%) Cost-Benefit Analysis
7 6 (10.17%) MOF
7 6 (10.17%) Stakeholder Management
7 6 (10.17%) RDF
7 6 (10.17%) Information Architecture
8 5 (8.47%) Performance Tuning
Programming Languages
1 6 (10.17%) SQL
2 5 (8.47%) Python
2 5 (8.47%) C#
2 5 (8.47%) C++
2 5 (8.47%) Java
2 5 (8.47%) Perl
2 5 (8.47%) PHP
3 3 (5.08%) VBA
Qualifications
1 11 (18.64%) Degree
2 6 (10.17%) ACCA
3 5 (8.47%) CIMA
4 2 (3.39%) PMP
4 2 (3.39%) PMI Certification
5 1 (1.69%) ISTQB
5 1 (1.69%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 24 (40.68%) FINREP
2 16 (27.12%) CRD IV
3 11 (18.64%) Basel III
4 10 (16.95%) Basel II
5 5 (8.47%) Sarbanes-Oxley
5 5 (8.47%) FATCA
6 2 (3.39%) Data Quality
Systems Management
1 6 (10.17%) HP Quality Center
Vendors
1 9 (15.25%) Microsoft
2 6 (10.17%) Oracle
3 2 (3.39%) Sybase
3 2 (3.39%) SAP
3 2 (3.39%) IBM
3 2 (3.39%) Teradata
4 1 (1.69%) HP
London
Orgtel
Rate: £300 - £335 per day
Posted: 14 days ago