Functional Analyst
UK
The median Functional Analyst daily rate in the UK is £500 according to job vacancies posted during the 6 months to 28 April 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 28 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 553 | 679 | 823 |
| Rank change year-on-year | +126 | +144 | -190 |
| Contract jobs requiring a Functional Analyst | 41 | 37 | 32 |
| As % of all contract jobs advertised in the UK | 0.095% | 0.062% | 0.036% |
| As % of the Job Titles category | 0.10% | 0.066% | 0.038% |
| Number of daily rates quoted | 25 | 24 | 17 |
| 10th Percentile | £405 | £350 | £379 |
| 25th Percentile | £425 | £395 | £413 |
| Median daily rate (50th Percentile) | £500 | £538 | £500 |
| Median % change year-on-year | -6.98% | +7.50% | +11.11% |
| 75th Percentile | £600 | £619 | £600 |
| 90th Percentile | £645 | £825 | £610 |
| UK excluding London median daily rate | £500 | £513 | £575 |
| % change year-on-year | -2.44% | -10.87% | +35.29% |
All Contract IT Job Vacancies
UK
The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.
| Contract vacancies in the UK with a recognized job title | 40,181 | 56,479 | 84,762 |
| % of contract IT jobs with a recognized job title | 92.77% | 94.61% | 95.48% |
| Number of daily rates quoted | 26,164 | 39,476 | 59,482 |
| 10th Percentile | £275 | £313 | £313 |
| 25th Percentile | £409 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £731 |
| UK excluding London median daily rate | £491 | £500 | £475 |
| % change year-on-year | -1.87% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,646 | 1,570 | 2,098 |
| 10th Percentile | £12.86 | £14.29 | £12.50 |
| 25th Percentile | £16.30 | £19.49 | £15.50 |
| Median hourly rate | £35.96 | £45.00 | £23.03 |
| Median % change year-on-year | -20.10% | +95.42% | +0.12% |
| 75th Percentile | £60.00 | £65.75 | £48.75 |
| 90th Percentile | £72.50 | £75.75 | £63.16 |
| UK excluding London median hourly rate | £37.75 | £42.50 | £19.50 |
| % change year-on-year | -11.18% | +117.95% | +2.55% |
Functional Analyst
Job Vacancy Trend
Job postings that featured Functional Analyst in the job title as a proportion of all IT jobs advertised.
Functional Analyst
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Functional Analyst.
Functional Analyst
Daily Rate Histogram
Daily rate distribution for jobs citing Functional Analyst over the 6 months to 28 April 2024.
Functional Analyst
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Functional Analyst.
Functional Analyst
Top 9 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Analyst within the UK over the 6 months to 28 April 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 | +105 | 23 | £520 | -5.45% | 2 |
| UK excluding London | +63 | 18 | £500 | -2.44% | 3 |
| Work from Home | +123 | 13 | £450 | -12.20% | 2 |
| London | +105 | 13 | £485 | -35.33% | 1 |
| Scotland | - | 6 | £500 | - | 1 |
| South East | +14 | 5 | £625 | +19.05% | |
| Northern Ireland | - | 5 | - | - | |
| North of England | +30 | 2 | £408 | -18.50% | |
| North East | - | 2 | £408 | - |
Functional Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 28 April 2024, Functional Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Functional Analyst in the job title.
|
|
Functional Analyst Skill Set
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:
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||