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 22 January 2017 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
22 Jan 2017
Same period 2016 Same period 2015
Common Reporting (COREP)
UK
Rank 577 606 595
Rank change year-on-year
+29 -11
Contract jobs citing COREP 4 12 21
As % of all contract IT jobs located in the UK 0.009% 0.024% 0.041%
As % of the Quality Assurance & Compliance category 0.093% 0.23% 0.44%
Number of daily rates quoted 3 9 20
Median daily rate £575 £600 £526
Median daily rate % change year-on-year
-4.16% +14.17%
90% offered a daily rate of more than £535 £455 £434
10% offered a daily rate of more than £735 £600 £850
UK excluding London median daily rate £525 £500 £448
% change year-on-year
+5.00% +11.73%
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
4283 5197 4729
As % of all contract IT jobs located in the UK 9.72% 10.24% 9.32%
Number of daily rates quoted 2784 3196 2908
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £265 £223
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 138 206 182
Median hourly rate £25.00 £42.00 £21.74
Median hourly rate % change year-on-year
-40.47% +93.17%
90% offered a hourly rate of more than £11.00 £14.00 £11.00
10% offered a hourly rate of more than £48.95 £60.98 £47.50
UK excluding London median hourly rate £22.75 £42.00 £22.25
% change year-on-year
-45.83% +88.76%

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 22 January 2017.

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 median contractor rates quoted in IT jobs citing COREP within the UK over the 3 months to 22 January 2017. 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 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 +29 4 £575 -4.16%
London +2 3 £675 +12.50%
Berkshire - 1 £525 -
South East - 1 £525 -

COREP
Top 30 Related IT Skills

For the 6 months to 22 January 2017, 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 7 (87.50%) Finance
1 7 (87.50%) FINREP
2 5 (62.50%) Banking
3 3 (37.50%) Migration
3 3 (37.50%) Stress Testing
4 2 (25.00%) Data Migration
4 2 (25.00%) Business Analysis
4 2 (25.00%) Stakeholder Management
4 2 (25.00%) Retail
5 1 (12.50%) Data Management
5 1 (12.50%) Data Mart
5 1 (12.50%) Logical Data Model
5 1 (12.50%) Physical Data Model
5 1 (12.50%) Target Operating Model
5 1 (12.50%) Fintech
5 1 (12.50%) Data Lineage
5 1 (12.50%) Programme Governance
5 1 (12.50%) PDM
5 1 (12.50%) C#
5 1 (12.50%) SQL Server
5 1 (12.50%) SAP
5 1 (12.50%) XML
5 1 (12.50%) Data Warehouse
5 1 (12.50%) Data Modelling
5 1 (12.50%) ETL
5 1 (12.50%) Microsoft
5 1 (12.50%) Retail Banking
5 1 (12.50%) Credit Risk
5 1 (12.50%) User Acceptance Testing
5 1 (12.50%) Basel III

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:

Database & Business Intelligence
1 1 (12.50%) Data Mart
1 1 (12.50%) Data Warehouse
1 1 (12.50%) SQL Server
General
1 7 (87.50%) Finance
2 5 (62.50%) Banking
3 2 (25.00%) Retail
4 1 (12.50%) Retail Banking
Job Titles
1 3 (37.50%) Analyst
1 3 (37.50%) Business Analyst
2 2 (25.00%) Programme Manager
3 1 (12.50%) Developer
3 1 (12.50%) Finance Business Analyst
3 1 (12.50%) Financial Analyst
3 1 (12.50%) Financial Business Analyst
3 1 (12.50%) Financial Services Business Analyst
3 1 (12.50%) Lead Business Analyst
3 1 (12.50%) Project Manager
3 1 (12.50%) Report Manager
3 1 (12.50%) Retail Banking Project Manager
3 1 (12.50%) Risk Analyst
3 1 (12.50%) Risk Business Analyst
3 1 (12.50%) Service Analyst
3 1 (12.50%) SQL Developer
3 1 (12.50%) SQL Server Developer
3 1 (12.50%) Systems Manager
Libraries, Frameworks & Software Standards
1 1 (12.50%) XML
Miscellaneous
1 1 (12.50%) Credit Risk
1 1 (12.50%) Fintech
Processes & Methodologies
1 3 (37.50%) Migration
1 3 (37.50%) Stress Testing
2 2 (25.00%) Business Analysis
2 2 (25.00%) Data Migration
2 2 (25.00%) Stakeholder Management
3 1 (12.50%) Data Lineage
3 1 (12.50%) Data Management
3 1 (12.50%) Data Modelling
3 1 (12.50%) ETL
3 1 (12.50%) Logical Data Model
3 1 (12.50%) PDM
3 1 (12.50%) Physical Data Model
3 1 (12.50%) Programme Governance
3 1 (12.50%) Target Operating Model
3 1 (12.50%) User Acceptance Testing
Programming Languages
1 1 (12.50%) C#
Quality Assurance & Compliance
1 7 (87.50%) FINREP
2 1 (12.50%) Basel III
Vendors
1 1 (12.50%) Microsoft
1 1 (12.50%) SAP