The table below looks at the statistics for IAS 39 skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited IAS 39 over the 3 months to 26 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
26 Jul 2016
Same period 2015 Same period 2014
IAS 39 Financial Instruments: Recognition and Measurement
Rank 648 644 605
Rank change year-on-year
-4 -39
Contract jobs citing IAS 39 2 1 2
As % of all contract IT jobs located in the UK 0.004% 0.002% 0.004%
As % of the Quality Assurance & Compliance category 0.039% 0.019% 0.039%
Number of daily rates quoted 1 1 2
Median daily rate £475 £650 £410
Median daily rate % change year-on-year
-26.92% +58.53%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
5133 5400 5084
As % of all contract IT jobs located in the UK 9.51% 9.48% 9.43%
Number of daily rates quoted 3274 3505 3096
Median daily rate £425 £425 £406
Median daily rate % change year-on-year
- +4.67%
90% offered a daily rate of more than £240 £250 £239
10% offered a daily rate of more than £588 £600 £550
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 206 196 207
Median hourly rate £28.00 £21.67 £20.00
Median hourly rate % change year-on-year
+29.24% +8.32%
90% offered a hourly rate of more than £10.00 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £55.50 £44.10
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

IAS 39
Jobs Demand Trend

The demand trend of contract jobs citing IAS 39 as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

IAS 39 Jobs Demand Trend in the UK

IAS 39
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing IAS 39 within the UK.

IAS 39 Daily Rate Trend in the UK

IAS 39
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IAS 39 within the UK over the 3 months to 26 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 -13 2 £475 -26.92% 1
London -2 1 £475 -26.92% 1
North West - 1 - -

IAS 39
Top 24 Related IT Skills

For the 6 months to 26 July 2016, IT contractor jobs citing IAS 39 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 IAS 39.

1 4 (100.00%) Banking
2 3 (75.00%) Finance
3 2 (50.00%) SQL
3 2 (50.00%) Data Warehouse
3 2 (50.00%) Business Intelligence
3 2 (50.00%) Basel II
4 1 (25.00%) SPSS
4 1 (25.00%) ETL
4 1 (25.00%) SAS
4 1 (25.00%) Risk Management
4 1 (25.00%) Validation
4 1 (25.00%) Retail
4 1 (25.00%) Data Management
4 1 (25.00%) SQL Server Reporting Services
4 1 (25.00%) Business Analysis
4 1 (25.00%) SQL Server Integration Services
4 1 (25.00%) Statistics
4 1 (25.00%) Degree
4 1 (25.00%) Mathematics
4 1 (25.00%) Credit Risk
4 1 (25.00%) Matrix Management
4 1 (25.00%) SQL Server Analysis Services
4 1 (25.00%) Analytical Skills
4 1 (25.00%) Credit Risk Management

IAS 39
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:

Application Platforms
1 1 (25.00%) SAS
Applications
1 1 (25.00%) SPSS
Database & Business Intelligence
1 2 (50.00%) Data Warehouse
2 1 (25.00%) SQL Server Analysis Services
2 1 (25.00%) SQL Server Integration Services
2 1 (25.00%) SQL Server Reporting Services
General
1 4 (100.00%) Banking
2 3 (75.00%) Finance
3 1 (25.00%) Retail
Job Titles
1 3 (75.00%) Analyst
2 2 (50.00%) Business Analyst
3 1 (25.00%) Banking Analyst
3 1 (25.00%) Banking Business Analyst
3 1 (25.00%) Business Intelligence Analyst
3 1 (25.00%) Business Intelligence Business Analyst
3 1 (25.00%) Business Intelligence Developer
3 1 (25.00%) Data Warehouse Developer
3 1 (25.00%) Developer
3 1 (25.00%) Finance Business Analyst
3 1 (25.00%) Financial Analyst
3 1 (25.00%) Project Analyst
3 1 (25.00%) Project Manager
3 1 (25.00%) Report Analyst
3 1 (25.00%) Senior Analyst
3 1 (25.00%) Senior Manager
3 1 (25.00%) SQL BI Developer
3 1 (25.00%) SQL Developer
3 1 (25.00%) Treasury Business Analyst
3 1 (25.00%) Validation Analyst
Miscellaneous
1 1 (25.00%) Analytical Skills
1 1 (25.00%) Credit Risk
1 1 (25.00%) Mathematics
1 1 (25.00%) Statistics
Processes & Methodologies
1 2 (50.00%) Business Intelligence
2 1 (25.00%) Business Analysis
2 1 (25.00%) Credit Risk Management
2 1 (25.00%) Data Management
2 1 (25.00%) ETL
2 1 (25.00%) Matrix Management
2 1 (25.00%) Risk Management
2 1 (25.00%) Validation
Programming Languages
1 2 (50.00%) SQL
Qualifications
1 1 (25.00%) Degree
Quality Assurance & Compliance
1 2 (50.00%) Basel II