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 31 March 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
31 Mar 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 569 544 532
Rank change year-on-year
-25 -12
Contract jobs citing COREP 20 44 18
As % of all contract IT jobs located in the UK 0.036% 0.083% 0.039%
As % of the Quality Assurance & Compliance category 0.46% 1.05% 0.53%
Number of daily rates quoted 19 30 13
Average daily rate
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£550 £550 £375
Average daily rate % change year-on-year
- +46.66%
90% offered a daily rate of more than £430 £373 £310
10% offered a daily rate of more than £700 £660 £595
UK excluding London average daily rate £550 £550 £301
% change year-on-year
- +83.02%
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
4371 4192 3426
As % of all contract IT jobs located in the UK 7.95% 7.87% 7.37%
Number of daily rates quoted 2594 2498 1970
Average daily rate £400 £403 £400
Average daily rate % change year-on-year
-0.62% +0.62%
90% offered a daily rate of more than £240 £246 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £385 £370 £330
% change year-on-year
+4.05% +12.12%
Number of hourly rates quoted 134 175 163
Average hourly rate £22.50 £17.50 £20.00
Average hourly rate % change year-on-year
+28.57% -12.50%
90% offered a hourly rate of more than £11.50 £10.71 £10.50
10% offered a hourly rate of more than £45.00 £45.00 £45.44
UK excluding London average hourly rate £22.50 £17.75 £18.50
% change year-on-year
+26.76% -4.05%

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 31 March 2015.

COREP Daily Rate Histogram in the UK

COREP
Top 4 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 31 March 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 -29 19 £550 - 8
London -7 15 £550 - 3
City of London +10 8 £550 +10.00% 3
South West -13 4 £563 -6.25% 4

COREP
Top 30 Related IT Skills

For the 6 months to 31 March 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 40 (88.89%) Finance
2 24 (53.33%) Banking
2 24 (53.33%) FINREP
3 14 (31.11%) Investment Banking
4 11 (24.44%) Business Analysis
5 10 (22.22%) Data Analysis
5 10 (22.22%) SQL
6 9 (20.00%) XBRL
6 9 (20.00%) Technical Analysis
7 7 (15.56%) Basel III
7 7 (15.56%) Performance Tuning
7 7 (15.56%) User Acceptance Testing
7 7 (15.56%) Requirements Analysis
7 7 (15.56%) Agile Software Development
7 7 (15.56%) GAP Analysis
7 7 (15.56%) Oracle
8 6 (13.33%) UNIX
8 6 (13.33%) Linux
8 6 (13.33%) Back Office
8 6 (13.33%) ACCA
8 6 (13.33%) Sarbanes-Oxley
8 6 (13.33%) CIMA
8 6 (13.33%) General Ledger
8 6 (13.33%) HP Quality Center
8 6 (13.33%) FATCA
8 6 (13.33%) Analytical Skills
9 5 (11.11%) CRD IV
9 5 (11.11%) Continuous Integration
9 5 (11.11%) System Testing
9 5 (11.11%) Automated Testing

COREP
Top Related IT Skills by Category

For the 6 months to 31 March 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 1 (2.22%) MS Project Server
Applications
1 5 (11.11%) MS Excel
2 2 (4.44%) MS PowerPoint
2 2 (4.44%) MS Project
3 1 (2.22%) MS Office
Communications & Networking
1 1 (2.22%) PPP
Database & Business Intelligence
1 5 (11.11%) Data Warehouse
2 2 (4.44%) BusinessObjects
2 2 (4.44%) SQL Server
3 1 (2.22%) Oracle Reports
Development Applications
1 5 (11.11%) Subversion
1 5 (11.11%) JIRA
General
1 40 (88.89%) Finance
2 24 (53.33%) Banking
3 14 (31.11%) Investment Banking
4 6 (13.33%) General Ledger
4 6 (13.33%) Back Office
5 5 (11.11%) Retail Banking
5 5 (11.11%) Retail
6 2 (4.44%) Telecoms
6 2 (4.44%) Financial Institution
6 2 (4.44%) Front Office
Job Titles
1 29 (64.44%) Analyst
2 26 (57.78%) Business Analyst
3 9 (20.00%) Developer
4 6 (13.33%) Project Manager
4 6 (13.33%) Senior Analyst
4 6 (13.33%) Senior Business Analyst
5 3 (6.67%) Programme Manager
5 3 (6.67%) Banking Business Analyst
5 3 (6.67%) Senior Developer
6 2 (4.44%) Agile Business Analyst
6 2 (4.44%) Business Manager
6 2 (4.44%) Banking Analyst
6 2 (4.44%) Business Project Manager
7 1 (2.22%) Functional Analyst
7 1 (2.22%) Report Analyst
7 1 (2.22%) Services Delivery Manager
7 1 (2.22%) Service Manager
7 1 (2.22%) Senior Programme Manager
7 1 (2.22%) Delivery Manager
7 1 (2.22%) Test Analyst
Libraries, Frameworks & Software Standards
1 9 (20.00%) XBRL
2 1 (2.22%) OLE
2 1 (2.22%) OLE DB
Miscellaneous
1 6 (13.33%) Analytical Skills
2 5 (11.11%) Market Risk
3 2 (4.44%) Foreign Exchange (FX)
3 2 (4.44%) Fixed Income
3 2 (4.44%) Equities
3 2 (4.44%) Derivative
3 2 (4.44%) Contract for Difference
3 2 (4.44%) Credit Risk
4 1 (2.22%) Computer Science
4 1 (2.22%) Management Information System
4 1 (2.22%) Mobile Banking
Operating Systems
1 6 (13.33%) UNIX
1 6 (13.33%) Linux
Processes & Methodologies
1 11 (24.44%) Business Analysis
2 10 (22.22%) Data Analysis
3 9 (20.00%) Technical Analysis
4 7 (15.56%) User Acceptance Testing
4 7 (15.56%) Performance Tuning
4 7 (15.56%) Agile Software Development
4 7 (15.56%) GAP Analysis
4 7 (15.56%) Requirements Analysis
5 5 (11.11%) Continuous Integration
5 5 (11.11%) System Testing
5 5 (11.11%) OOP
5 5 (11.11%) Project Management
5 5 (11.11%) Automated Testing
5 5 (11.11%) IT Governance
6 4 (8.89%) Information Management
7 3 (6.67%) Data Management
7 3 (6.67%) Data Modelling
7 3 (6.67%) ETL
7 3 (6.67%) Business Intelligence
7 3 (6.67%) Validation
Programming Languages
1 10 (22.22%) SQL
2 5 (11.11%) Python
2 5 (11.11%) C#
2 5 (11.11%) C++
2 5 (11.11%) Java
2 5 (11.11%) Perl
2 5 (11.11%) PHP
Qualifications
1 6 (13.33%) ACCA
1 6 (13.33%) CIMA
2 4 (8.89%) Degree
3 1 (2.22%) ISTQB Foundation Certification
3 1 (2.22%) ISTQB
3 1 (2.22%) ISEB
3 1 (2.22%) PRINCE2 Certification
3 1 (2.22%) PMP
3 1 (2.22%) PMI Certification
Quality Assurance & Compliance
1 24 (53.33%) FINREP
2 7 (15.56%) Basel III
3 6 (13.33%) FATCA
3 6 (13.33%) Sarbanes-Oxley
4 5 (11.11%) CRD IV
5 3 (6.67%) Basel II
6 1 (2.22%) QA
Systems Management
1 6 (13.33%) HP Quality Center
Vendors
1 7 (15.56%) Oracle
2 4 (8.89%) Microsoft
3 2 (4.44%) Microgen
3 2 (4.44%) Sybase
3 2 (4.44%) Business Objects
3 2 (4.44%) SAP
3 2 (4.44%) Cognos
4 1 (2.22%) HP
City, London
The People Network
Rate: £450 - £500 per day
Posted: 4 days ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £550 - £650 per day
Posted: 4 days ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £650 per day
Posted: 4 days ago
Manchester
Real Staffing
Rate: £500 - £550 per day
Posted: 7 days ago