ISO 8583 Contracts

ISO 8583
UK

The following table provides summary statistics for contract job vacancies with a requirement for ISO 8583 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ISO 8583 over the 6 months to 29 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 594 710 850
Rank change year-on-year +116 +140 -176
Contract jobs citing ISO 8583 6 3 6
As % of all contract jobs advertised in the UK 0.014% 0.005% 0.007%
As % of the Quality Assurance & Compliance category 0.096% 0.038% 0.051%
Number of daily rates quoted 4 3 2
10th Percentile £565 - -
25th Percentile £588 £725 -
Median daily rate (50th Percentile) £606 £750 £350
Median % change year-on-year -19.17% +114.29% -12.50%
75th Percentile £641 £788 -
90th Percentile £646 £795 -
UK excluding London median daily rate £606 £750 £350
% change year-on-year -19.17% +114.29% -12.50%

All Quality Assurance and Compliance Skills
UK

ISO 8583 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 6,250 7,982 11,778
As % of all contract IT jobs advertised in the UK 14.34% 13.37% 13.27%
Number of daily rates quoted 3,951 5,482 8,057
10th Percentile £295 £275 £290
25th Percentile £402 £409 £403
Median daily rate (50th Percentile) £510 £525 £513
Median % change year-on-year -2.86% +2.44% +7.89%
75th Percentile £625 £638 £619
90th Percentile £750 £738 £706
UK excluding London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +5.88%
Number of hourly rates quoted 383 225 301
10th Percentile £10.95 £13.21 £11.75
25th Percentile £13.18 £18.70 £16.50
Median hourly rate £21.00 £37.50 £28.00
Median % change year-on-year -44.00% +33.93% +33.02%
75th Percentile £45.00 £62.00 £49.25
90th Percentile £67.38 £77.50 £67.00
UK excluding London median hourly rate £18.00 £36.25 £21.05
% change year-on-year -50.34% +72.21% -

ISO 8583
Job Vacancy Trend

Job postings citing ISO 8583 as a proportion of all IT jobs advertised.

Job vacancy trend for ISO 8583 in the UK

ISO 8583
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing ISO 8583.

Daily rate trend for ISO 8583 in the UK

ISO 8583
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing ISO 8583.

Hourly rate trend for ISO 8583 in the UK

ISO 8583
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 ISO 8583 within the UK over the 6 months to 29 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
Work from Home +118 2 - -
UK excluding London +65 2 £606 -19.17%
Scotland +34 2 £606 -19.17%
London - 2 £613 -
England - 2 £613 -

ISO 8583
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:

Business Applications
1 2 (33.33%) BASE24
1 2 (33.33%) Payment Gateway
Cloud Services
1 1 (16.67%) AWS
1 1 (16.67%) Azure
1 1 (16.67%) GCP
Communications & Networking
1 2 (33.33%) ATM
Development Applications
1 1 (16.67%) Cypress.io
1 1 (16.67%) VersaTest
General
1 3 (50.00%) Banking
2 2 (33.33%) Analytical Skills
3 1 (16.67%) Finance
3 1 (16.67%) Social Skills
Job Titles
1 2 (33.33%) Analyst
1 2 (33.33%) Architect
1 2 (33.33%) Business Analyst
1 2 (33.33%) Payments Analyst
1 2 (33.33%) Payments Business Analyst
2 1 (16.67%) Automation Tester
2 1 (16.67%) Banking Analyst
2 1 (16.67%) Banking Business Analyst
2 1 (16.67%) Developer
2 1 (16.67%) Lead
2 1 (16.67%) Lead Architect
2 1 (16.67%) Payments Tester
2 1 (16.67%) Perl Developer
2 1 (16.67%) Python Developer
2 1 (16.67%) Tester
Libraries, Frameworks & Software Standards
1 2 (33.33%) Kafka
1 2 (33.33%) RabbitMQ
Miscellaneous
1 2 (33.33%) Distributed Systems
1 2 (33.33%) EMV
1 2 (33.33%) SWIFT Messaging Network
Operating Systems
1 1 (16.67%) Linux
Processes & Methodologies
1 2 (33.33%) Agile
1 2 (33.33%) High Availability
1 2 (33.33%) Microservices
1 2 (33.33%) Problem-Solving
2 1 (16.67%) Business Analysis
2 1 (16.67%) Business Continuity
2 1 (16.67%) Capacity Planning
2 1 (16.67%) Computer Science
2 1 (16.67%) Data Conversion
2 1 (16.67%) Disaster Recovery
2 1 (16.67%) Migration
2 1 (16.67%) Performance Monitoring
2 1 (16.67%) Performance Tuning
2 1 (16.67%) Product Management
2 1 (16.67%) Project Management
2 1 (16.67%) Stakeholder Management
2 1 (16.67%) Test Automation
Programming Languages
1 1 (16.67%) Perl
1 1 (16.67%) Python
Qualifications
1 1 (16.67%) Computer Science Degree
1 1 (16.67%) Degree
1 1 (16.67%) Master's Degree
Quality Assurance & Compliance
1 4 (66.67%) ISO 20022
2 2 (33.33%) SEPA
Vendors
1 2 (33.33%) FIS
1 2 (33.33%) Fiserv
1 2 (33.33%) VocaLink
1 2 (33.33%) Wincor Nixdorf
1 2 (33.33%) WorldPay