Common Reporting (COREP)
UK

The following table provides summary statistics for contract job vacancies with a requirement for COREP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited COREP over the 6 months to 1 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 May 2024
Same period 2023 Same period 2022
Rank 591 691 842
Rank change year-on-year +100 +151 -178
Contract jobs citing COREP 7 21 11
As % of all contract jobs advertised in the UK 0.016% 0.035% 0.012%
As % of the Quality Assurance & Compliance category 0.11% 0.26% 0.093%
Number of daily rates quoted 6 16 5
10th Percentile £379 £363 £540
25th Percentile £418 £385 £600
Median daily rate (50th Percentile) £568 £663 £750
Median % change year-on-year -14.34% -11.67% +25.00%
75th Percentile £704 £767 £850
90th Percentile £738 £900 £858
UK excluding London median daily rate £415 £375 -
% change year-on-year +10.67% - -

All Quality Assurance and Compliance Skills
UK

COREP is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 6,225 7,957 11,770
As % of all contract IT jobs advertised in the UK 14.31% 13.37% 13.27%
Number of daily rates quoted 3,939 5,462 8,058
10th Percentile £297 £275 £290
25th Percentile £405 £409 £403
Median daily rate (50th Percentile) £510 £525 £513
Median % change year-on-year -2.86% +2.44% +7.89%
75th Percentile £625 £638 £619
90th Percentile £750 £738 £706
UK excluding London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +5.88%
Number of hourly rates quoted 384 224 301
10th Percentile £10.95 £13.29 £11.75
25th Percentile £13.18 £18.65 £16.50
Median hourly rate £20.80 £36.25 £28.00
Median % change year-on-year -42.61% +29.46% +33.02%
75th Percentile £45.00 £62.00 £49.25
90th Percentile £67.38 £77.50 £67.00
UK excluding London median hourly rate £18.00 £35.00 £21.05
% change year-on-year -48.57% +66.27% -

COREP
Job Vacancy Trend

Job postings citing COREP as a proportion of all IT jobs advertised.

Job vacancy trend for COREP in the UK

COREP
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing COREP.

Daily rate trend for COREP in the UK

COREP
Daily Rate Histogram

Daily rate distribution for jobs citing COREP over the 6 months to 1 May 2024.

Daily rate histogram for COREP 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 6 months to 1 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +121 6 £585 -11.70% 10
London +94 4 £725 - 6
UK excluding London +43 3 £415 +10.67% 3
North of England - 2 £463 - 2
North West - 2 £463 - 1
Work from Home +123 1 £415 -43.92% 4
Scotland - 1 £415 -

COREP
Co-occurring Skills and Capabilities by Category

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

Application Platforms
1 1 (14.29%) WebSphere
Applications
1 1 (14.29%) Microsoft Office
1 1 (14.29%) Microsoft Project
Business Applications
1 2 (28.57%) Temenos Globus
2 1 (14.29%) Oracle FAH
2 1 (14.29%) Oracle General Ledger
Cloud Services
1 1 (14.29%) OCI
1 1 (14.29%) SaaS
Database & Business Intelligence
1 2 (28.57%) Data Mining
2 1 (14.29%) Oracle Database
2 1 (14.29%) RDBMS
2 1 (14.29%) Relational Database
General
1 5 (71.43%) Analytical Skills
1 5 (71.43%) Finance
2 2 (28.57%) Banking
2 2 (28.57%) Influencing Skills
2 2 (28.57%) Social Skills
3 1 (14.29%) Investment Banking
3 1 (14.29%) Public Sector
Job Titles
1 3 (42.86%) Analyst
2 2 (28.57%) Business Analyst
2 2 (28.57%) Project Manager
3 1 (14.29%) Database Developer
3 1 (14.29%) Developer
3 1 (14.29%) Oracle Database Developer
3 1 (14.29%) Oracle Developer
3 1 (14.29%) Report Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) JSON
1 1 (14.29%) Middleware
1 1 (14.29%) XML
1 1 (14.29%) XML Messaging
1 1 (14.29%) XSD
Miscellaneous
1 1 (14.29%) Derivative
1 1 (14.29%) Equities
1 1 (14.29%) Foreign Exchange (FX)
1 1 (14.29%) Management Information System
1 1 (14.29%) Virtual Team
Processes & Methodologies
1 5 (71.43%) Project Management
2 4 (57.14%) Project Delivery
3 2 (28.57%) Business Analysis
3 2 (28.57%) Contingency Planning
3 2 (28.57%) Defect Management
3 2 (28.57%) GAP Analysis
3 2 (28.57%) Problem-Solving
3 2 (28.57%) Project Governance
3 2 (28.57%) Project Planning
3 2 (28.57%) Regulatory Change
3 2 (28.57%) Test Scripting
3 2 (28.57%) User Acceptance Testing
3 2 (28.57%) Workflow
4 1 (14.29%) Agile
4 1 (14.29%) Change Control
4 1 (14.29%) Fund Accounting
4 1 (14.29%) PRINCE
4 1 (14.29%) Process Improvement
4 1 (14.29%) Regulatory Compliance
4 1 (14.29%) Test Planning
Programming Languages
1 3 (42.86%) SQL
2 2 (28.57%) VBA
3 1 (14.29%) PL/SQL
3 1 (14.29%) XPath
Qualifications
1 3 (42.86%) Degree
2 1 (14.29%) PMI Certification
2 1 (14.29%) PMP
Quality Assurance & Compliance
1 4 (57.14%) FINREP
2 3 (42.86%) Basel III
3 2 (28.57%) IFRS
3 2 (28.57%) IFRS 9
3 2 (28.57%) PMO
4 1 (14.29%) IFRS 17
4 1 (14.29%) QA
Vendors
1 1 (14.29%) IBM
1 1 (14.29%) Microsoft
1 1 (14.29%) Oracle