The table below looks at the statistics for GAAP skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited GAAP over the 3 months to 3 September 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 Sep 2015
Same period 2014 Same period 2013
Generally Accepted Accounting Principles (GAAP)
Rank 623 599 582
Rank change year-on-year
-24 -17
Contract jobs citing GAAP 7 17 17
As % of all contract IT jobs located in the UK 0.012% 0.030% 0.032%
As % of the Quality Assurance & Compliance category 0.15% 0.38% 0.43%
Number of daily rates quoted 7 12 11
Average daily rate
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£450 £325 £328
Average daily rate % change year-on-year
+38.46% -0.91%
90% offered a daily rate of more than £390 £175 £265
10% offered a daily rate of more than £570 £550 £425
UK excluding London average daily rate £381 £250 £280
% change year-on-year
+52.50% -10.71%
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
4635 4494 3956
As % of all contract IT jobs located in the UK 7.94% 7.95% 7.43%
Number of daily rates quoted 2845 2728 2319
Average daily rate £425 £403 £425
Average daily rate % change year-on-year
+5.59% -5.29%
90% offered a daily rate of more than £265 £225 £263
10% offered a daily rate of more than £575 £563 £615
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 198 204 164
Average hourly rate £21.55 £20.00 £17.50
Average hourly rate % change year-on-year
+7.75% +14.28%
90% offered a hourly rate of more than £11.86 £12.00 £10.00
10% offered a hourly rate of more than £49.75 £45.00 £37.50
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

GAAP
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing GAAP within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

GAAP Jobs Demand Trend in the UK

GAAP
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing GAAP within the UK.

GAAP Daily Rate Trend in the UK

GAAP
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing GAAP within the UK over the 3 months to 3 September 2015.

GAAP Daily Rate Histogram in the UK

GAAP
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing GAAP within the UK.

GAAP Hourly Rate Trend in the UK

GAAP
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing GAAP within the UK over the 3 months to 3 September 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 -19 6 £500 +53.84% 7
London -15 5 £550 +56.02% 5
City of London +12 1 £600 -
Scotland -8 1 £338 +35.00%
Manchester - 1 £425 -
North West - 1 £425 -
Edinburgh - 1 £338 -

GAAP
Top 30 Related IT Skills

For the 6 months to 3 September 2015, IT contractor jobs within the UK citing GAAP 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 GAAP.

1 40 (97.56%) Finance
2 12 (29.27%) SQL
2 12 (29.27%) SAP
2 12 (29.27%) Data Warehouse
3 10 (24.39%) Business Analysis
3 10 (24.39%) Solvency II
4 9 (21.95%) SAP FI-GL
5 8 (19.51%) Enterprise Data Warehouse
6 5 (12.20%) Microsoft
7 4 (9.76%) MS Excel
7 4 (9.76%) Oracle
7 4 (9.76%) MS Office
7 4 (9.76%) Migration
7 4 (9.76%) Investment Management
8 3 (7.32%) Data Migration
8 3 (7.32%) Oracle General Ledger
8 3 (7.32%) Requirements Analysis
8 3 (7.32%) Degree
8 3 (7.32%) Project Management
8 3 (7.32%) ERP
8 3 (7.32%) Business Intelligence
9 2 (4.88%) Cognos
9 2 (4.88%) CA
9 2 (4.88%) Hyperion
9 2 (4.88%) JD Edwards
9 2 (4.88%) SAP FI
9 2 (4.88%) Sun
9 2 (4.88%) ETL
9 2 (4.88%) SQL Server
9 2 (4.88%) T-SQL

GAAP
Top Related IT Skills by Category

For the 6 months to 3 September 2015, IT contractor jobs within the UK citing GAAP 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 GAAP. Up to 20 skills are shown per category.

Applications
1 4 (9.76%) MS Office
1 4 (9.76%) MS Excel
2 1 (2.44%) MS Visio
2 1 (2.44%) MS PowerPoint
2 1 (2.44%) Spreadsheet
2 1 (2.44%) MS Project
Business Applications
1 9 (21.95%) SAP FI-GL
2 3 (7.32%) Oracle General Ledger
3 2 (4.88%) Dynamics AX
3 2 (4.88%) SAP FI
3 2 (4.88%) SAP FI/CO
3 2 (4.88%) SAP CO
4 1 (2.44%) HFM
4 1 (2.44%) Cognos TM1
4 1 (2.44%) Dynamics CRM
4 1 (2.44%) Cognos Controller
4 1 (2.44%) Cognos Business Intelligence
4 1 (2.44%) SAP Business ByDesign
4 1 (2.44%) SAP R/3
Communications & Networking
1 1 (2.44%) FTP
Database & Business Intelligence
1 12 (29.27%) Data Warehouse
2 8 (19.51%) Enterprise Data Warehouse
3 2 (4.88%) Microsoft Analysis Services
3 2 (4.88%) SQL Server Reporting Services
3 2 (4.88%) SQL Server
3 2 (4.88%) SQL Server Integration Services
3 2 (4.88%) SQL Server Analysis Services
3 2 (4.88%) SQL Server 2008
4 1 (2.44%) Hyperion Smart View
4 1 (2.44%) MS Access
4 1 (2.44%) Data Mining
4 1 (2.44%) SAP BW
4 1 (2.44%) Data Mart
General
1 40 (97.56%) Finance
2 2 (4.88%) General Ledger
3 1 (2.44%) Retail Banking
3 1 (2.44%) Banking
3 1 (2.44%) Retail
Job Titles
1 28 (68.29%) Analyst
2 23 (56.10%) Business Analyst
3 13 (31.71%) Insurance Business Analyst
4 6 (14.63%) Financial Business Analyst
5 5 (12.20%) Consultant
6 4 (9.76%) Senior Analyst
7 3 (7.32%) Senior Business Analyst
7 3 (7.32%) Process Analyst
7 3 (7.32%) Business Process Analyst
7 3 (7.32%) Financial Analyst
8 2 (4.88%) Business Intelligence Developer
8 2 (4.88%) Data Consultant
8 2 (4.88%) Developer
8 2 (4.88%) Test Analyst
8 2 (4.88%) Systems Analyst
8 2 (4.88%) SAP Consultant
8 2 (4.88%) SQL Developer
9 1 (2.44%) Senior Systems Analyst
9 1 (2.44%) Systems Accountant
9 1 (2.44%) Risk Analyst
Libraries, Frameworks & Software Standards
1 1 (2.44%) .NET
1 1 (2.44%) EDI
Miscellaneous
1 2 (4.88%) Analytical Skills
2 1 (2.44%) Foreign Exchange (FX)
2 1 (2.44%) Derivative
Processes & Methodologies
1 10 (24.39%) Business Analysis
2 4 (9.76%) Investment Management
2 4 (9.76%) Migration
3 3 (7.32%) Business Intelligence
3 3 (7.32%) Project Management
3 3 (7.32%) ERP
3 3 (7.32%) Requirements Analysis
3 3 (7.32%) Data Migration
4 2 (4.88%) Dimensional Modelling
4 2 (4.88%) Asset Management
4 2 (4.88%) ETL
5 1 (2.44%) CRM
5 1 (2.44%) Data Modelling
5 1 (2.44%) Risk Assessment
5 1 (2.44%) Agile Software Development
5 1 (2.44%) Data Analysis
5 1 (2.44%) Resource Management
5 1 (2.44%) User Acceptance Testing
5 1 (2.44%) Data Cleansing
5 1 (2.44%) Data Entry
Programming Languages
1 12 (29.27%) SQL
2 2 (4.88%) T-SQL
2 2 (4.88%) Java
2 2 (4.88%) PL/SQL
Qualifications
1 3 (7.32%) Degree
2 1 (2.44%) HND
2 1 (2.44%) ISEB
2 1 (2.44%) CCA
2 1 (2.44%) SAP Certification
2 1 (2.44%) ACCA
2 1 (2.44%) CIMA
2 1 (2.44%) CFA
Quality Assurance & Compliance
1 10 (24.39%) Solvency II
2 1 (2.44%) FINREP
Vendors
1 12 (29.27%) SAP
2 5 (12.20%) Microsoft
3 4 (9.76%) Oracle
4 2 (4.88%) Cognos
4 2 (4.88%) Sun
4 2 (4.88%) CA
4 2 (4.88%) Hyperion
4 2 (4.88%) JD Edwards
5 1 (2.44%) PeopleSoft
Berkshire
Nigel Frank International Ltd
Posted: Yesterday
Berkshire
Nigel Frank International Limited - Newcastle
Posted: 7 days ago
London
Interquest - IQ Public Sector
Rate: £45 - £55 per annum
Posted: 8 days ago
London
Nigel Frank International Limited - Newcastle
Rate: negotiable
Posted: 27 days ago