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 5 May 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
5 May 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 578 543 540
Rank change year-on-year
-35 -3
Contract jobs citing COREP 31 39 13
As % of all contract IT jobs located in the UK 0.055% 0.071% 0.027%
As % of the Quality Assurance & Compliance category 0.71% 0.90% 0.36%
Number of daily rates quoted 27 31 9
Average daily rate
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£550 £550 £420
Average daily rate % change year-on-year
- +30.95%
90% offered a daily rate of more than £350 £400 £370
10% offered a daily rate of more than £700 £625 £600
UK excluding London average daily rate £538 £502 £450
% change year-on-year
+7.12% +11.55%
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
4338 4327 3567
As % of all contract IT jobs located in the UK 7.76% 7.93% 7.50%
Number of daily rates quoted 2630 2617 2122
Average daily rate £400 £400 £420
Average daily rate % change year-on-year
- -4.76%
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £365 £338
% change year-on-year
+2.73% +8.14%
Number of hourly rates quoted 138 192 133
Average hourly rate £21.55 £21.00 £18.25
Average hourly rate % change year-on-year
+2.61% +15.06%
90% offered a hourly rate of more than £11.71 £11.00 £10.00
10% offered a hourly rate of more than £43.50 £45.49 £135.00
UK excluding London average hourly rate £21.55 £21.00 £15.00
% change year-on-year
+2.61% +40.00%

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 5 May 2015.

COREP Daily Rate Histogram in the UK

COREP
Top 12 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 5 May 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 -32 27 £550 - 2
London +11 18 £550 - 1
City of London +11 10 £519 +6.41%
Wiltshire +7 7 £575 -
Swindon +7 7 £575 +9.10%
South West +1 7 £575 -4.16%
Scotland -4 4 £350 -12.50%
Glasgow -5 3 £350 -12.50%
Yorkshire -18 2 £358 +31.19% 1
West Yorkshire - 2 £358 - 1
Halifax - 1 £370 - 1
Edinburgh - 1 - -

COREP
Top 30 Related IT Skills

For the 6 months to 5 May 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 43 (84.31%) Finance
2 34 (66.67%) FINREP
3 21 (41.18%) Banking
4 15 (29.41%) Business Analysis
5 13 (25.49%) SQL
6 12 (23.53%) Investment Banking
7 10 (19.61%) Data Analysis
7 10 (19.61%) Technical Analysis
8 9 (17.65%) FATCA
8 9 (17.65%) XBRL
8 9 (17.65%) ACCA
8 9 (17.65%) Sarbanes-Oxley
8 9 (17.65%) CIMA
8 9 (17.65%) GAP Analysis
9 8 (15.69%) Data Modelling
9 8 (15.69%) Oracle
9 8 (15.69%) User Acceptance Testing
9 8 (15.69%) Requirements Analysis
9 8 (15.69%) Information Management
9 8 (15.69%) Analytical Skills
10 7 (13.73%) General Ledger
10 7 (13.73%) HP Quality Center
10 7 (13.73%) CRD IV
10 7 (13.73%) Back Office
10 7 (13.73%) Stakeholder Management
11 6 (11.76%) UNIX
11 6 (11.76%) Linux
11 6 (11.76%) Basel III
11 6 (11.76%) Data Management
11 6 (11.76%) Migration

COREP
Top Related IT Skills by Category

For the 6 months to 5 May 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 3 (5.88%) SAS
Applications
1 4 (7.84%) MS Excel
2 1 (1.96%) MS PowerPoint
Database & Business Intelligence
1 5 (9.80%) Data Warehouse
2 2 (3.92%) BusinessObjects
2 2 (3.92%) Oracle Reports
2 2 (3.92%) SQL Server
2 2 (3.92%) NoSQL
Development Applications
1 5 (9.80%) Subversion
2 4 (7.84%) JIRA
General
1 43 (84.31%) Finance
2 21 (41.18%) Banking
3 12 (23.53%) Investment Banking
4 7 (13.73%) General Ledger
4 7 (13.73%) Back Office
5 3 (5.88%) Retail Banking
5 3 (5.88%) Retail
5 3 (5.88%) Telecoms
6 2 (3.92%) Financial Institution
Job Titles
1 34 (66.67%) Analyst
2 29 (56.86%) Business Analyst
3 9 (17.65%) Senior Analyst
4 8 (15.69%) Senior Business Analyst
5 7 (13.73%) Developer
6 5 (9.80%) Project Manager
7 4 (7.84%) Banking Business Analyst
8 3 (5.88%) Architect
8 3 (5.88%) Senior Developer
8 3 (5.88%) Data Architect
8 3 (5.88%) Programme Manager
9 2 (3.92%) Report Analyst
9 2 (3.92%) Test Leader
9 2 (3.92%) Enterprise Data Architect
9 2 (3.92%) Enterprise Architect
9 2 (3.92%) Risk Analyst
9 2 (3.92%) Business Project Manager
9 2 (3.92%) Banking Analyst
9 2 (3.92%) Business Manager
10 1 (1.96%) Credit Risk Analyst
Libraries, Frameworks & Software Standards
1 9 (17.65%) XBRL
2 2 (3.92%) XML
3 1 (1.96%) OLE
3 1 (1.96%) OLE DB
Miscellaneous
1 8 (15.69%) Analytical Skills
2 5 (9.80%) Market Risk
3 3 (5.88%) Credit Risk
3 3 (5.88%) Reference Data
4 2 (3.92%) Fixed Income
4 2 (3.92%) Equities
4 2 (3.92%) Foreign Exchange (FX)
4 2 (3.92%) Data Integration
4 2 (3.92%) Derivative
4 2 (3.92%) Computer Science
4 2 (3.92%) Contract for Difference
5 1 (1.96%) Mobile Banking
5 1 (1.96%) Management Information System
Operating Systems
1 6 (11.76%) UNIX
1 6 (11.76%) Linux
Processes & Methodologies
1 15 (29.41%) Business Analysis
2 10 (19.61%) Data Analysis
2 10 (19.61%) Technical Analysis
3 9 (17.65%) GAP Analysis
4 8 (15.69%) Data Modelling
4 8 (15.69%) User Acceptance Testing
4 8 (15.69%) Requirements Analysis
4 8 (15.69%) Information Management
5 7 (13.73%) Stakeholder Management
6 6 (11.76%) Data Management
6 6 (11.76%) Migration
7 5 (9.80%) IT Governance
7 5 (9.80%) Automated Testing
7 5 (9.80%) Performance Tuning
7 5 (9.80%) Continuous Integration
7 5 (9.80%) OOP
8 4 (7.84%) Project Management
8 4 (7.84%) Validation
8 4 (7.84%) Business Intelligence
8 4 (7.84%) System Testing
Programming Languages
1 13 (25.49%) SQL
2 5 (9.80%) C#
2 5 (9.80%) C++
2 5 (9.80%) Java
2 5 (9.80%) Perl
2 5 (9.80%) PHP
2 5 (9.80%) Python
Qualifications
1 9 (17.65%) ACCA
1 9 (17.65%) CIMA
2 6 (11.76%) Degree
3 2 (3.92%) ISTQB Foundation Certification
3 2 (3.92%) ISTQB
4 1 (1.96%) ISEB
4 1 (1.96%) PRINCE2 Certification
Quality Assurance & Compliance
1 34 (66.67%) FINREP
2 9 (17.65%) FATCA
2 9 (17.65%) Sarbanes-Oxley
3 7 (13.73%) CRD IV
4 6 (11.76%) Basel III
5 3 (5.88%) Basel II
6 2 (3.92%) Data Quality
Systems Management
1 7 (13.73%) HP Quality Center
Vendors
1 8 (15.69%) Oracle
2 4 (7.84%) Microsoft
3 2 (3.92%) Teradata
3 2 (3.92%) IBM
3 2 (3.92%) Cognos
3 2 (3.92%) HP
3 2 (3.92%) Sybase
3 2 (3.92%) Business Objects
3 2 (3.92%) SAP
4 1 (1.96%) WorldPay
Halifax
Orgtel
Rate: £350 - £370 per day
Posted: 20 days ago