Failure Modes and Effects Criticality Analysis (FMECA)
UK

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

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 576 715 865
Rank change year-on-year +139 +150 -172
Contract jobs citing FMECA 2 1 2
As % of all contract jobs advertised in the UK 0.005% 0.002% 0.002%
As % of the Processes & Methodologies category 0.005% 0.002% 0.002%
Number of daily rates quoted 1 0 0
Median daily rate (50th Percentile) £700 - -
UK excluding London median daily rate £700 - -
Number of hourly rates quoted 0 0 2
Median hourly rate - - £75.00
UK excluding London median hourly rate - - £75.00
% change year-on-year - - +66.67%

All Process and Methodology Skills
UK

FMECA is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,480 53,073 80,381
As % of all contract IT jobs advertised in the UK 86.37% 89.85% 90.59%
Number of daily rates quoted 24,166 36,804 56,457
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,447 1,751 1,910
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.50
Median hourly rate £35.96 £36.00 £25.00
Median % change year-on-year -0.11% +44.00% +2.04%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -6.98%

FMECA
Job Vacancy Trend

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

Job vacancy trend for FMECA in the UK

FMECA
Contractor Daily Rate Trend

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

Daily rate trend for FMECA in the UK

FMECA
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing FMECA.

Hourly rate trend for FMECA in the UK

FMECA
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FMECA within the UK over the 6 months to 6 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 +109 2 £700 - 17
UK excluding London +60 2 £700 - 14
East Midlands - 1 - - 1
Midlands - 1 - - 1
South West - 1 £700 - 2

FMECA
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:

Job Titles
1 1 (50.00%) Design Engineer
1 1 (50.00%) Electrical Design Engineer
1 1 (50.00%) Electrical Engineer
1 1 (50.00%) Senior
Processes & Methodologies
1 1 (50.00%) Bill of Materials
1 1 (50.00%) Logistics
1 1 (50.00%) Validation
Programming Languages
1 1 (50.00%) PL/1
Qualifications
1 1 (50.00%) Chartered Engineer
1 1 (50.00%) CISA
1 1 (50.00%) Network+ Certification