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 8 December 2016 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
8 Dec 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 616 633 604
Rank change year-on-year
+17 -29
Contract jobs citing COREP 5 11 29
As % of all contract IT jobs located in the UK 0.010% 0.020% 0.051%
As % of the Quality Assurance & Compliance category 0.10% 0.20% 0.55%
Number of daily rates quoted 5 8 27
Median daily rate £625 £569 £526
Median daily rate % change year-on-year
+9.89% +8.23%
90% offered a daily rate of more than £545 £451 £448
10% offered a daily rate of more than £725 £608 £625
UK excluding London median daily rate £625 £500 £457
% change year-on-year
+25.00% +9.52%
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
4870 5556 5266
As % of all contract IT jobs located in the UK 9.79% 10.06% 9.33%
Number of daily rates quoted 3165 3421 3393
Median daily rate £440 £425 £400
Median daily rate % change year-on-year
+3.52% +6.25%
90% offered a daily rate of more than £275 £270 £225
10% offered a daily rate of more than £614 £600 £588
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 190 210 214
Median hourly rate £20.50 £25.00 £22.00
Median hourly rate % change year-on-year
-18.00% +13.63%
90% offered a hourly rate of more than £10.00 £12.00 £11.11
10% offered a hourly rate of more than £45.00 £48.00 £45.00
UK excluding London median hourly rate £21.50 £25.00 £22.00
% change year-on-year
-14.00% +13.63%

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
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 8 December 2016.

COREP Daily Rate Histogram in the UK

COREP
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 COREP within the UK over the 3 months to 8 December 2016. 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
(Click see detailed
statistics and trends)
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 +16 4 £600 +5.49%
London -8 2 £675 +16.12%
Scotland - 1 £650 -
Edinburgh - 1 £650 -
South West - 1 £625 -
South East - 1 £525 -
Berkshire - 1 £525 -

COREP
Top 30 Related IT Skills

For the 6 months to 8 December 2016, 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 9 (75.00%) Finance
2 7 (58.33%) FINREP
3 6 (50.00%) Banking
4 4 (33.33%) Credit Risk
4 4 (33.33%) Basel III
5 3 (25.00%) Stress Testing
5 3 (25.00%) Migration
6 2 (16.67%) Stakeholder Management
6 2 (16.67%) SQL
6 2 (16.67%) Test Scripting
6 2 (16.67%) Data Migration
6 2 (16.67%) HP Quality Center
6 2 (16.67%) CRD IV
6 2 (16.67%) Retail
6 2 (16.67%) Data Management
6 2 (16.67%) Business Analysis
6 2 (16.67%) Software Testing
6 2 (16.67%) Defect Management
6 2 (16.67%) Project Management
7 1 (8.33%) Data Lineage
7 1 (8.33%) Programme Governance
7 1 (8.33%) Logical Data Model
7 1 (8.33%) Physical Data Model
7 1 (8.33%) Target Operating Model
7 1 (8.33%) Retail Banking
7 1 (8.33%) Investment Banking
7 1 (8.33%) ION Trading
7 1 (8.33%) Market Risk
7 1 (8.33%) User Acceptance Testing
7 1 (8.33%) SAP

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:

General
1 9 (75.00%) Finance
2 6 (50.00%) Banking
3 2 (16.67%) Retail
4 1 (8.33%) Investment Banking
4 1 (8.33%) Retail Banking
Job Titles
1 5 (41.67%) Analyst
2 4 (33.33%) Report Manager
3 3 (25.00%) Business Analyst
3 3 (25.00%) Project Manager
4 2 (16.67%) IT Manager
4 2 (16.67%) IT Project Manager
4 2 (16.67%) Programme Manager
4 2 (16.67%) Test Analyst
5 1 (8.33%) Finance Business Analyst
5 1 (8.33%) Financial Analyst
5 1 (8.33%) Financial Business Analyst
5 1 (8.33%) Financial Services Business Analyst
5 1 (8.33%) Lead Business Analyst
5 1 (8.33%) Retail Banking Project Manager
5 1 (8.33%) Risk Analyst
5 1 (8.33%) Risk Business Analyst
5 1 (8.33%) Service Analyst
5 1 (8.33%) Systems Manager
Miscellaneous
1 4 (33.33%) Credit Risk
2 1 (8.33%) Market Risk
Processes & Methodologies
1 3 (25.00%) Migration
1 3 (25.00%) Stress Testing
2 2 (16.67%) Business Analysis
2 2 (16.67%) Data Management
2 2 (16.67%) Data Migration
2 2 (16.67%) Defect Management
2 2 (16.67%) Project Management
2 2 (16.67%) Software Testing
2 2 (16.67%) Stakeholder Management
2 2 (16.67%) Test Scripting
3 1 (8.33%) Agile Software Development
3 1 (8.33%) Data Lineage
3 1 (8.33%) Data Modelling
3 1 (8.33%) Logical Data Model
3 1 (8.33%) PDM
3 1 (8.33%) Physical Data Model
3 1 (8.33%) Programme Governance
3 1 (8.33%) Target Operating Model
3 1 (8.33%) User Acceptance Testing
Programming Languages
1 2 (16.67%) SQL
Quality Assurance & Compliance
1 7 (58.33%) FINREP
2 4 (33.33%) Basel III
3 2 (16.67%) CRD IV
Systems Management
1 2 (16.67%) HP Quality Center
Vendors
1 1 (8.33%) ION Trading
1 1 (8.33%) SAP