The table below looks at the statistics for GAAP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited GAAP over the 3 months to 1 July 2016 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
1 Jul 2016
Same period 2015 Same period 2014
Generally Accepted Accounting Principles (GAAP)
Rank 628 610 626
Rank change year-on-year
-18 +16
Contract jobs citing GAAP 10 33 10
As % of all contract IT jobs located in the UK 0.019% 0.059% 0.019%
As % of the Quality Assurance & Compliance category 0.20% 0.64% 0.20%
Number of daily rates quoted 7 27 5
Median daily rate £330 £550 £298
Median daily rate % change year-on-year
-40.00% +84.87%
90% offered a daily rate of more than £240 £390 £213
10% offered a daily rate of more than £462 £550 £325
UK excluding London median daily rate £303 £388 £263
% change year-on-year
-21.93% +47.61%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £17.00
UK excluding London median hourly rate - - £17.00

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
5027 5180 5101
As % of all contract IT jobs located in the UK 9.40% 9.23% 9.46%
Number of daily rates quoted 3208 3324 3158
Median daily rate £425 £420 £405
Median daily rate % change year-on-year
+1.19% +3.70%
90% offered a daily rate of more than £250 £255 £243
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £385 £369
% change year-on-year
+3.89% +4.40%
Number of hourly rates quoted 203 184 215
Median hourly rate £28.00 £21.55 £21.00
Median hourly rate % change year-on-year
+29.93% +2.61%
90% offered a hourly rate of more than £11.83 £12.50 £12.80
10% offered a hourly rate of more than £47.50 £51.29 £42.00
UK excluding London median hourly rate £28.00 £21.55 £20.75
% change year-on-year
+29.93% +3.85%

GAAP
Jobs Demand Trend

The demand trend of contract jobs citing GAAP as a proportion of all IT contracts with a match in 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 1 July 2016.

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 18 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing GAAP within the UK over the 3 months to 1 July 2016. 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
(Click see detailed
statistics and trends)
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 -17 10 £330 -40.00% 4
South East +5 3 £330 -12.00% 1
Berkshire -3 2 £303 -19.33%
North West -6 2 - - 1
London -31 2 £600 +9.09% 2
Cambridgeshire - 2 £240 -
East of England - 2 £240 -
Cambridge - 2 £240 -
Burnley - 2 - -
Lancashire - 2 - -
City of London +29 1 £600 +31.86%
Bracknell - 1 £330 -
Hungerford - 1 £275 -
Winchester - 1 £338 -
Hampshire - 1 £338 - 1
Swindon - 1 £370 -
Wiltshire - 1 £370 -
South West - 1 £370 -

GAAP
Top 30 Related IT Skills

For the 6 months to 1 July 2016, IT contractor jobs citing GAAP 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 GAAP.

1 18 (69.23%) Finance
2 13 (50.00%) ACCA
3 12 (46.15%) CIMA
4 6 (23.08%) Solvency II
5 5 (19.23%) Analytical Skills
5 5 (19.23%) Data Warehouse
5 5 (19.23%) Business Analysis
6 4 (15.38%) Advertising
6 4 (15.38%) Oracle
6 4 (15.38%) Defect Management
7 3 (11.54%) Legal
7 3 (11.54%) Reinsurance
7 3 (11.54%) SQL
7 3 (11.54%) SAP
7 3 (11.54%) Oracle Financials
7 3 (11.54%) CODA
7 3 (11.54%) User Acceptance Testing
8 2 (7.69%) SQL Server Reporting Services
8 2 (7.69%) General Ledger
8 2 (7.69%) ISTQB
8 2 (7.69%) SQL Server Integration Services
8 2 (7.69%) Time Management
8 2 (7.69%) Financial Modelling
8 2 (7.69%) Spreadsheet
8 2 (7.69%) Oracle General Ledger
8 2 (7.69%) Law
8 2 (7.69%) ISEB
8 2 (7.69%) MS Excel
8 2 (7.69%) Microsoft
8 2 (7.69%) T-SQL

GAAP
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:

Applications
1 2 (7.69%) MS Excel
1 2 (7.69%) Spreadsheet
2 1 (3.85%) MS Office
2 1 (3.85%) MS PowerPoint
Business Applications
1 3 (11.54%) Oracle Financials
2 2 (7.69%) Oracle EBS R12
2 2 (7.69%) Oracle General Ledger
2 2 (7.69%) Oracle Receivables
2 2 (7.69%) Oracle Subledger Accounting
3 1 (3.85%) Oracle Assets
3 1 (3.85%) Oracle E-Business Tax
3 1 (3.85%) Oracle Payables
3 1 (3.85%) SAP Business One
Database & Business Intelligence
1 5 (19.23%) Data Warehouse
2 2 (7.69%) SQL Server
2 2 (7.69%) SQL Server Integration Services
2 2 (7.69%) SQL Server Reporting Services
3 1 (3.85%) Data Mining
3 1 (3.85%) Oracle BI EE
3 1 (3.85%) SQL Server Analysis Services
Development Applications
1 1 (3.85%) Eclipse
1 1 (3.85%) Team Foundation Server
General
1 18 (69.23%) Finance
2 4 (15.38%) Advertising
3 3 (11.54%) Legal
4 2 (7.69%) French Language
4 2 (7.69%) General Ledger
4 2 (7.69%) Law
Job Titles
1 10 (38.46%) Analyst
2 6 (23.08%) Accountant
3 5 (19.23%) Business Analyst
3 5 (19.23%) Insurance Business Analyst
3 5 (19.23%) Solvency II Business Analyst
4 4 (15.38%) Financial Analyst
5 3 (11.54%) Financial Accountant
5 3 (11.54%) Senior Analyst
5 3 (11.54%) Senior Financial Analyst
5 3 (11.54%) Tester
5 3 (11.54%) UAT Tester
6 2 (7.69%) Consultant
6 2 (7.69%) Developer
6 2 (7.69%) Lead Tester
6 2 (7.69%) Test Leader
6 2 (7.69%) UAT Lead
6 2 (7.69%) UAT Test Lead
7 1 (3.85%) SSIS Developer
7 1 (3.85%) SSRS Developer
7 1 (3.85%) T-SQL Developer
Miscellaneous
1 5 (19.23%) Analytical Skills
2 3 (11.54%) Reinsurance
3 2 (7.69%) Performance Metrics
4 1 (3.85%) Data Integration
4 1 (3.85%) Driving Licence
Processes & Methodologies
1 5 (19.23%) Business Analysis
2 4 (15.38%) Defect Management
3 3 (11.54%) User Acceptance Testing
4 2 (7.69%) Financial Modelling
4 2 (7.69%) Time Management
5 1 (3.85%) Cash Management
5 1 (3.85%) Data Modelling
5 1 (3.85%) Database Security
5 1 (3.85%) ETL
5 1 (3.85%) Financial Analysis
5 1 (3.85%) Functional Testing
5 1 (3.85%) Kimball Methodology
5 1 (3.85%) Performance Tuning
5 1 (3.85%) PRINCE2
5 1 (3.85%) Process Improvement
5 1 (3.85%) Revenue Management
5 1 (3.85%) Revenue Recognition
5 1 (3.85%) SDLC
5 1 (3.85%) Software Testing
5 1 (3.85%) Translating Business Requirements
Programming Languages
1 3 (11.54%) SQL
2 2 (7.69%) T-SQL
3 1 (3.85%) PL/SQL
Qualifications
1 13 (50.00%) ACCA
2 12 (46.15%) CIMA
3 2 (7.69%) ISEB
3 2 (7.69%) ISTQB
4 1 (3.85%) DV Cleared
4 1 (3.85%) Security Cleared
Quality Assurance & Compliance
1 6 (23.08%) Solvency II
2 1 (3.85%) QA
2 1 (3.85%) SEPA
2 1 (3.85%) SLA
Vendors
1 4 (15.38%) Oracle
2 3 (11.54%) CODA
2 3 (11.54%) SAP
3 2 (7.69%) Microsoft
4 1 (3.85%) Cognos
4 1 (3.85%) HP
4 1 (3.85%) PeopleSoft
4 1 (3.85%) Saba
4 1 (3.85%) Salesforce.com
4 1 (3.85%) Tableau
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