Straight-Through Processing
UK
The following table provides summary statistics for contract job vacancies with a requirement for Straight-Through Processing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Straight-Through Processing over the 6 months to 14 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 14 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 584 | 693 | 819 |
| Rank change year-on-year | +109 | +126 | -130 |
| Contract jobs citing Straight-Through Processing | 3 | 13 | 12 |
| As % of all contract jobs advertised in the UK | 0.007% | 0.023% | 0.014% |
| As % of the Processes & Methodologies category | 0.008% | 0.025% | 0.015% |
| Number of daily rates quoted | 2 | 11 | 12 |
| 10th Percentile | £605 | £489 | £571 |
| 25th Percentile | £613 | £501 | £650 |
| Median daily rate (50th Percentile) | £650 | £700 | £700 |
| Median % change year-on-year | -7.14% | - | +7.69% |
| 75th Percentile | £713 | - | £822 |
| 90th Percentile | £735 | - | £850 |
| UK excluding London median daily rate | - | £494 | £275 |
| % change year-on-year | - | +79.55% | - |
All Process and Methodology Skills
UK
Straight-Through Processing is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 36,783 | 51,773 | 79,870 |
| As % of all contract IT jobs advertised in the UK | 86.20% | 89.81% | 90.61% |
| Number of daily rates quoted | 23,675 | 35,887 | 56,073 |
| 10th Percentile | £300 | £325 | £343 |
| 25th Percentile | £413 | £438 | £428 |
| Median daily rate (50th Percentile) | £525 | £550 | £530 |
| Median % change year-on-year | -4.55% | +3.77% | +8.16% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £475 |
| % change year-on-year | - | +5.26% | +8.29% |
| Number of hourly rates quoted | 2,434 | 1,710 | 1,920 |
| 10th Percentile | £12.75 | £10.99 | £12.50 |
| 25th Percentile | £16.00 | £16.22 | £15.52 |
| Median hourly rate | £36.50 | £36.40 | £25.68 |
| Median % change year-on-year | +0.29% | +41.73% | +4.82% |
| 75th Percentile | £60.00 | £65.00 | £49.50 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £38.00 | £35.00 | £20.00 |
| % change year-on-year | +8.57% | +75.00% | -6.98% |
Straight-Through Processing
Job Vacancy Trend
Job postings citing Straight-Through Processing as a proportion of all IT jobs advertised.
Straight-Through Processing
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Straight-Through Processing.
Straight-Through Processing
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Straight-Through Processing.
Straight-Through Processing
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 Straight-Through Processing within the UK over the 6 months to 14 May 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 |
|---|---|---|---|---|---|
| England | +104 | 2 | £650 | -7.14% | 2 |
| Work from Home | +113 | 1 | - | - | |
| London | +74 | 1 | £600 | -14.29% | 2 |
Straight-Through Processing
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:
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