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 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 590 564 527
Rank change year-on-year
-26 -37
Contract jobs citing COREP 23 28 30
As % of all contract IT jobs located in the UK 0.041% 0.053% 0.061%
As % of the Quality Assurance & Compliance category 0.53% 0.67% 0.82%
Number of daily rates quoted 19 23 26
Average daily rate
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£550 £538 £525
Average daily rate % change year-on-year
+2.32% +2.38%
90% offered a daily rate of more than £350 £410 £401
10% offered a daily rate of more than £638 £600 £600
UK excluding London average daily rate £526 £454 £450
% change year-on-year
+15.74% +0.88%
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
4377 4197 3673
As % of all contract IT jobs located in the UK 7.84% 7.93% 7.46%
Number of daily rates quoted 2779 2599 2235
Average daily rate £419 £400 £425
Average daily rate % change year-on-year
+4.75% -5.88%
90% offered a daily rate of more than £250 £240 £275
10% offered a daily rate of more than £600 £565 £600
UK excluding London average daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 163 184 135
Average hourly rate £21.32 £20.21 £19.00
Average hourly rate % change year-on-year
+5.53% +6.34%
90% offered a hourly rate of more than £12.50 £12.50 £9.75
10% offered a hourly rate of more than £51.17 £42.50 £42.65
UK excluding London average hourly rate £21.15 £20.50 £18.50
% change year-on-year
+3.14% +10.81%

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 3 July 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 3 July 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 -38 19 £550 +1.14% 8
London -21 11 £550 - 7
Swindon +4 6 £625 +21.83%
Wiltshire +1 6 £625 +21.83%
South West -6 6 £625 +21.83%
Scotland +6 4 £350 -12.50%
Glasgow +1 3 £350 -12.50%
City of London -11 3 £519 +1.21% 3
West Yorkshire -18 2 £358 +10.00%
Yorkshire -20 2 £358 +52.12% 1
Halifax -2 1 £370 +13.84%
Edinburgh - 1 - -

COREP
Top 30 Related IT Skills

For the 6 months to 3 July 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 41 (87.23%) Finance
2 26 (55.32%) FINREP
3 22 (46.81%) Banking
4 18 (38.30%) Business Analysis
5 17 (36.17%) Investment Banking
6 11 (23.40%) General Ledger
6 11 (23.40%) Technical Analysis
6 11 (23.40%) CRD IV
6 11 (23.40%) Back Office
7 9 (19.15%) Data Modelling
7 9 (19.15%) Analytical Skills
7 9 (19.15%) Data Analysis
7 9 (19.15%) IT Governance
7 9 (19.15%) Degree
8 8 (17.02%) Requirements Analysis
8 8 (17.02%) FATCA
8 8 (17.02%) Reference Data
8 8 (17.02%) MS Excel
8 8 (17.02%) GAP Analysis
8 8 (17.02%) CIMA
8 8 (17.02%) ACCA
8 8 (17.02%) Project Management
8 8 (17.02%) Sarbanes-Oxley
9 7 (14.89%) Microsoft
9 7 (14.89%) SQL
9 7 (14.89%) Oracle
9 7 (14.89%) HP Quality Center
9 7 (14.89%) Waterfall
9 7 (14.89%) Derivative
9 7 (14.89%) Information Management

COREP
Top Related IT Skills by Category

For the 6 months to 3 July 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 (6.38%) SAS
Applications
1 8 (17.02%) MS Excel
2 1 (2.13%) MS PowerPoint
Database & Business Intelligence
1 5 (10.64%) Data Warehouse
2 2 (4.26%) BusinessObjects
2 2 (4.26%) NoSQL
2 2 (4.26%) SQL Server
2 2 (4.26%) Oracle Reports
3 1 (2.13%) MS Access
Development Applications
1 5 (10.64%) Subversion
2 2 (4.26%) JIRA
General
1 41 (87.23%) Finance
2 22 (46.81%) Banking
3 17 (36.17%) Investment Banking
4 11 (23.40%) General Ledger
4 11 (23.40%) Back Office
5 3 (6.38%) Telecoms
6 2 (4.26%) Retail Banking
6 2 (4.26%) Retail
7 1 (2.13%) Legal
Job Titles
1 32 (68.09%) Analyst
2 28 (59.57%) Business Analyst
3 9 (19.15%) Senior Analyst
4 8 (17.02%) Senior Business Analyst
4 8 (17.02%) Developer
5 4 (8.51%) Data Architect
5 4 (8.51%) Architect
6 3 (6.38%) Senior Developer
6 3 (6.38%) Report Analyst
7 2 (4.26%) Enterprise Architect
7 2 (4.26%) Risk Analyst
7 2 (4.26%) Excel Developer
7 2 (4.26%) Banking Business Analyst
7 2 (4.26%) Information Architect
7 2 (4.26%) Consultant
7 2 (4.26%) Investment Banking Business Analyst
7 2 (4.26%) Enterprise Data Architect
7 2 (4.26%) Test Leader
8 1 (2.13%) Lead Business Analyst
8 1 (2.13%) Senior Credit Risk Analyst
Libraries, Frameworks & Software Standards
1 6 (12.77%) XBRL
2 2 (4.26%) XML
3 1 (2.13%) OLE
3 1 (2.13%) OLE DB
Miscellaneous
1 9 (19.15%) Analytical Skills
2 8 (17.02%) Reference Data
3 7 (14.89%) Derivative
4 5 (10.64%) Contract for Difference
4 5 (10.64%) Market Risk
4 5 (10.64%) Foreign Exchange (FX)
4 5 (10.64%) Fixed Income
4 5 (10.64%) Equities
5 4 (8.51%) Credit Risk
6 2 (4.26%) Computer Science
6 2 (4.26%) Credit Derivative
6 2 (4.26%) Data Integration
Operating Systems
1 6 (12.77%) UNIX
1 6 (12.77%) Linux
Processes & Methodologies
1 18 (38.30%) Business Analysis
2 11 (23.40%) Technical Analysis
3 9 (19.15%) Data Analysis
3 9 (19.15%) IT Governance
3 9 (19.15%) Data Modelling
4 8 (17.02%) Project Management
4 8 (17.02%) GAP Analysis
4 8 (17.02%) Requirements Analysis
5 7 (14.89%) Information Management
5 7 (14.89%) Waterfall
6 6 (12.77%) Agile Software Development
6 6 (12.77%) Data Management
6 6 (12.77%) User Acceptance Testing
6 6 (12.77%) Business Intelligence
7 5 (10.64%) OOP
7 5 (10.64%) Stakeholder Management
7 5 (10.64%) Cost-Benefit Analysis
7 5 (10.64%) Continuous Integration
7 5 (10.64%) Automated Testing
7 5 (10.64%) Performance Tuning
Programming Languages
1 7 (14.89%) SQL
2 5 (10.64%) Python
2 5 (10.64%) C#
2 5 (10.64%) C++
2 5 (10.64%) Java
2 5 (10.64%) Perl
2 5 (10.64%) PHP
3 1 (2.13%) VBA
Qualifications
1 9 (19.15%) Degree
2 8 (17.02%) ACCA
2 8 (17.02%) CIMA
3 2 (4.26%) ISTQB
3 2 (4.26%) PMP
3 2 (4.26%) PMI Certification
3 2 (4.26%) ISTQB Foundation Certification
4 1 (2.13%) ISEB
Quality Assurance & Compliance
1 26 (55.32%) FINREP
2 11 (23.40%) CRD IV
3 8 (17.02%) FATCA
3 8 (17.02%) Sarbanes-Oxley
4 6 (12.77%) Basel III
5 3 (6.38%) Basel II
6 2 (4.26%) Data Quality
Systems Management
1 7 (14.89%) HP Quality Center
Vendors
1 7 (14.89%) Oracle
1 7 (14.89%) Microsoft
2 5 (10.64%) Business Objects
3 2 (4.26%) SAP
3 2 (4.26%) IBM
3 2 (4.26%) Sybase
3 2 (4.26%) HP
3 2 (4.26%) Teradata
4 1 (2.13%) WorldPay
London
Real Staffing
Rate: £500 - £625 per day + competitive
Posted: 3 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 9 days ago
Yorkshire and the Humber
Orgtel
Rate: £450 - £550 per day
Posted: 25 days ago