The table below looks at the statistics for the Payments Business Analyst role in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Payments Business Analyst in their job title over the 3 months to 28 April 2016 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.

3 months to
28 Apr 2016
Same period 2015 Same period 2014
Business Analyst - Payments
Rank 598 584 580
Rank change year-on-year
-14 -4
Contract jobs requiring a Payments Business Analyst 46 57 50
As % of all contract IT jobs located in the UK 0.082% 0.10% 0.092%
As % of the Job Titles category 0.087% 0.11% 0.097%
Number of daily rates quoted 43 42 39
Average daily rate £450 £425 £450
Average daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £363 £353 £350
10% offered a daily rate of more than £582 £475 £525
UK excluding London average daily rate £400 £425 £423
% change year-on-year
-5.88% +0.59%
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 Job Titles category in contract jobs advertised across the UK. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
UK
Contract IT job ads with a match in the
Job Titles category
53023 52764 51440
As % of all contract IT jobs located in the UK 94.92% 94.73% 94.29%
Number of daily rates quoted 34537 31962 31273
Average daily rate £425 £400 £390
Average daily rate % change year-on-year
+6.25% +2.56%
90% offered a daily rate of more than £263 £240 £225
10% offered a daily rate of more than £600 £553 £550
UK excluding London average daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 1533 2112 2096
Average hourly rate £17.50 £17.50 £17.50
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £44.90 £42.50 £42.50
UK excluding London average hourly rate £17.50 £16.70 £17.45
% change year-on-year
+4.79% -4.29%

Payments Business Analyst
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Payments Business Analyst in the job title within the UK as a proportion of the total demand within the Job Titles category.

Payments Business Analyst Jobs Demand Trend in the UK

Payments Business Analyst
Daily Rate Trend

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

Payments Business Analyst Daily Rate Trend in the UK

Payments Business Analyst
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Payments Business Analyst within the UK over the 3 months to 28 April 2016.

Payments Business Analyst Daily Rate Histogram in the UK

Payments Business Analyst
Hourly Rate Trend

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

Payments Business Analyst Hourly Rate Trend in the UK

Payments Business Analyst
Top 16 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Payments Business Analyst within the UK over the 3 months to 28 April 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
(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 -32 38 £450 - 3
London 0 32 £463 +9.00% 2
Edinburgh -8 8 £365 -2.66%
Scotland -23 8 £365 -2.66%
City of London +33 3 £500 +6.95% 1
North West -8 3 £400 -11.11%
East of England +2 2 £613 +44.11% 1
Hertfordshire - 2 £613 - 1
Bromley - 2 £585 -
Manchester - 2 £400 -
Midlands - 1 £450 -
Canary Wharf - 1 £500 -
Rickmansworth - 1 - -
Liverpool - 1 £450 -
Merseyside - 1 £450 -
Glasgow - 1 £342 -

Payments Business Analyst
Top 30 Related IT Skills

For the 6 months to 28 April 2016, IT contractor jobs within the UK that cited Payments Business Analyst in their job title 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 with Payments Business Analyst in their job title.

1 58 (72.50%) Banking
2 38 (47.50%) Finance
3 34 (42.50%) Business Analysis
4 22 (27.50%) Stakeholder Management
5 18 (22.50%) Retail
6 14 (17.50%) SEPA
7 12 (15.00%) Agile Software Development
8 11 (13.75%) SWIFT
9 10 (12.50%) Analytical Skills
9 10 (12.50%) Retail Banking
9 10 (12.50%) Use Case
9 10 (12.50%) Migration
10 8 (10.00%) MS PowerPoint
11 7 (8.75%) Back Office
11 7 (8.75%) Project Management
11 7 (8.75%) Target Operating Model
12 6 (7.50%) SDLC
12 6 (7.50%) Online Banking
13 5 (6.25%) MS Excel
13 5 (6.25%) MS Visio
14 4 (5.00%) BPR
14 4 (5.00%) Legal
14 4 (5.00%) Test Scripting
14 4 (5.00%) Waterfall
14 4 (5.00%) MiFID
14 4 (5.00%) Blockchain
15 3 (3.75%) Bitcoin
15 3 (3.75%) WorldPay
15 3 (3.75%) Cash Management
15 3 (3.75%) Change Management

Payments Business Analyst
Top Related IT Skills by Category

For the 6 months to 28 April 2016, IT contractor jobs within the UK that cited Payments Business Analyst in their job title 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 with Payments Business Analyst in their job title. Up to 20 skills are shown per category.

Applications
1 8 (10.00%) MS PowerPoint
2 5 (6.25%) MS Excel
2 5 (6.25%) MS Visio
3 1 (1.25%) MS Office
Business Applications
1 1 (1.25%) BASE24
1 1 (1.25%) VisionPLUS
Cloud Services
1 1 (1.25%) Sage Pay
Communications & Networking
1 3 (3.75%) ATM
Database & Business Intelligence
1 1 (1.25%) BusinessObjects
General
1 58 (72.50%) Banking
2 38 (47.50%) Finance
3 18 (22.50%) Retail
4 10 (12.50%) Retail Banking
5 7 (8.75%) Back Office
6 4 (5.00%) Legal
7 3 (3.75%) Investment Banking
8 2 (2.50%) Financial Institution
8 2 (2.50%) Front Office
8 2 (2.50%) Wholesale Banking
9 1 (1.25%) Corporate Banking
9 1 (1.25%) Private Banking
9 1 (1.25%) Spanish Language
Miscellaneous
1 11 (13.75%) SWIFT
2 10 (12.50%) Analytical Skills
3 6 (7.50%) Online Banking
4 4 (5.00%) Blockchain
5 3 (3.75%) Bitcoin
5 3 (3.75%) Cryptography
5 3 (3.75%) Foreign Exchange (FX)
6 2 (2.50%) Data Centre
6 2 (2.50%) Data Structures
6 2 (2.50%) EFT
6 2 (2.50%) EPoS
6 2 (2.50%) Management Information System
7 1 (1.25%) Chip and PIN
7 1 (1.25%) Data Extraction
7 1 (1.25%) EFTPOS
7 1 (1.25%) EMV
7 1 (1.25%) Fintech
7 1 (1.25%) Mobile App
7 1 (1.25%) Mobile Banking
7 1 (1.25%) Smartcard
Operating Systems
1 3 (3.75%) Windows
2 2 (2.50%) Windows Server
3 1 (1.25%) Windows 7
3 1 (1.25%) Windows XP
Processes & Methodologies
1 34 (42.50%) Business Analysis
2 22 (27.50%) Stakeholder Management
3 12 (15.00%) Agile Software Development
4 10 (12.50%) Migration
4 10 (12.50%) Use Case
5 7 (8.75%) Project Management
5 7 (8.75%) Target Operating Model
6 6 (7.50%) SDLC
7 4 (5.00%) BPR
7 4 (5.00%) Test Scripting
7 4 (5.00%) Waterfall
8 3 (3.75%) Cash Management
8 3 (3.75%) Change Management
8 3 (3.75%) Data Modelling
8 3 (3.75%) UML
9 2 (2.50%) Requirements Analysis
9 2 (2.50%) Stakeholder Engagement
9 2 (2.50%) Test Strategy
9 2 (2.50%) User Stories
9 2 (2.50%) Workflow Analysis
Programming Languages
1 2 (2.50%) SQL
2 1 (1.25%) C
Qualifications
1 2 (2.50%) ISEB
2 1 (1.25%) CCA
2 1 (1.25%) Degree
2 1 (1.25%) PMI Certification
Quality Assurance & Compliance
1 14 (17.50%) SEPA
2 4 (5.00%) MiFID
3 2 (2.50%) PCI DSS
4 1 (1.25%) ISO 8583
Vendors
1 3 (3.75%) WorldPay
2 1 (1.25%) Elavon
2 1 (1.25%) Ingenico
2 1 (1.25%) Sage
2 1 (1.25%) TSYS
2 1 (1.25%) VeriFone
2 1 (1.25%) VocaLink
2 1 (1.25%) Wincor Nixdorf
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Rate: Market rates
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Rate: £500.00 per day
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