The table below looks at the statistics for Requirements Management skills in IT contracts advertised for the West Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Requirements Management over the 3 months to 1 May 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
1 May 2016
Same period 2015 Same period 2014
Requirements Management
Rank 126 117 97
Rank change year-on-year
-9 -20
Contract jobs citing Requirements Management 10 8 19
As % of all contract IT jobs located in the West Midlands 0.35% 0.29% 0.81%
As % of the Processes & Methodologies category 0.43% 0.39% 1.09%
Number of daily rates quoted 3 5 7
Average daily rate £500 £500 £360
Average daily rate % change year-on-year
- +38.88%
UK excluding London average daily rate £388 £400 £365
% change year-on-year
-3.12% +9.58%
Number of hourly rates quoted 0 3 8
Average hourly rate - £31.44 £37.80
Average hourly rate % change year-on-year
- -16.82%
UK excluding London average hourly rate £41.50 £37.00 £35.75
% change year-on-year
+12.16% +3.49%
Requirements Management
England

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the West Midlands region.

Processes & Methodologies Category
West Midlands
Contract IT job ads with a match in the
Processes & Methodologies category
2343 2060 1744
As % of all contract IT jobs located in the West Midlands 80.99% 75.62% 74.28%
Number of daily rates quoted 1303 1239 932
Average daily rate £400 £375 £375
Average daily rate % change year-on-year
+6.66% -
90% offered a daily rate of more than £255 £260 £250
10% offered a daily rate of more than £550 £520 £490
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 49 104 96
Average hourly rate £19.61 £29.00 £32.50
Average hourly rate % change year-on-year
-32.37% -10.76%
90% offered a hourly rate of more than £10.81 £15.00 £10.83
10% offered a hourly rate of more than £42.50 £39.50 £37.80
UK excluding London average hourly rate £36.00 £30.50 £31.50
% change year-on-year
+18.03% -3.17%

Requirements Management
Jobs Demand Trend in the West Midlands

This chart provides a 3-month moving total of IT contractor jobs citing Requirements Management across the West Midlands region as a proportion of the total demand within the Processes & Methodologies category.

Requirements Management Jobs Demand Trend in the West Midlands

Requirements Management
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Requirements Management across the West Midlands region.

Requirements Management Daily Rate Trend in the West Midlands

Requirements Management
Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Requirements Management across the West Midlands region.

Requirements Management Hourly Rate Trend in the West Midlands

Requirements Management
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Requirements Management within the West Midlands region over the 3 months to 1 May 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
Birmingham +5 4 £500 -
Warwickshire -1 3 - -
Coventry -10 1 - -
Sutton Coldfield - 1 - -
Requirements Management
England

Requirements Management
Top 30 Related IT Skills in the West Midlands

For the 6 months to 1 May 2016, IT contractor jobs across the West Midlands region citing Requirements Management also 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 that cited Requirements Management.

1 7 (53.85%) Finance
2 6 (46.15%) Business Analysis
3 5 (38.46%) Stakeholder Management
3 5 (38.46%) Validation
3 5 (38.46%) Use Case
3 5 (38.46%) User Acceptance Testing
4 4 (30.77%) Data Quality
4 4 (30.77%) Migration
4 4 (30.77%) Banking
4 4 (30.77%) Change Management
4 4 (30.77%) Data Management
4 4 (30.77%) Data Migration
5 3 (23.08%) GAP Analysis
6 2 (15.38%) Test Scripting
6 2 (15.38%) Agile Software Development
6 2 (15.38%) Legal
6 2 (15.38%) Asset Management
6 2 (15.38%) User Stories
7 1 (7.69%) Line Management
7 1 (7.69%) Logical Data Model
7 1 (7.69%) Physical Data Model
7 1 (7.69%) KYC
7 1 (7.69%) Anti-Money Laundering
7 1 (7.69%) SC Cleared
7 1 (7.69%) Security Cleared
7 1 (7.69%) V-Model
7 1 (7.69%) Stakeholder Engagement
7 1 (7.69%) Waterfall
7 1 (7.69%) Change Control
7 1 (7.69%) Test Strategy

Requirements Management
Top Related IT Skills in the West Midlands by Category

For the 6 months to 1 May 2016, IT contractor jobs across the West Midlands region citing Requirements Management also 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 that cited Requirements Management. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (7.69%) GIS
1 1 (7.69%) QlikView
Development Applications
1 1 (7.69%) JIRA
General
1 7 (53.85%) Finance
2 4 (30.77%) Banking
3 2 (15.38%) Legal
4 1 (7.69%) Law
4 1 (7.69%) Private Banking
4 1 (7.69%) Retail
4 1 (7.69%) Retail Banking
Job Titles
1 10 (76.92%) Analyst
2 9 (69.23%) Business Analyst
3 4 (30.77%) Business Change Analyst
3 4 (30.77%) Senior Analyst
3 4 (30.77%) Senior Business Analyst
4 3 (23.08%) Business Change Business Analyst
4 3 (23.08%) Change Analyst
5 1 (7.69%) Banking Analyst
5 1 (7.69%) Business Intelligence Developer
5 1 (7.69%) Cognos Developer
5 1 (7.69%) Consultant
5 1 (7.69%) Developer
5 1 (7.69%) Financial Analyst
5 1 (7.69%) Financial Business Analyst
5 1 (7.69%) Legal Analyst
5 1 (7.69%) Senior Business Change Analyst
5 1 (7.69%) Service Analyst
5 1 (7.69%) Software Test Engineer
5 1 (7.69%) Software Verification Engineer
5 1 (7.69%) Test Engineer
Libraries, Frameworks & Software Standards
1 1 (7.69%) Web Services
Miscellaneous
1 1 (7.69%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (46.15%) Business Analysis
2 5 (38.46%) Stakeholder Management
2 5 (38.46%) Use Case
2 5 (38.46%) User Acceptance Testing
2 5 (38.46%) Validation
3 4 (30.77%) Change Management
3 4 (30.77%) Data Management
3 4 (30.77%) Data Migration
3 4 (30.77%) Migration
4 3 (23.08%) GAP Analysis
5 2 (15.38%) Agile Software Development
5 2 (15.38%) Asset Management
5 2 (15.38%) Test Scripting
5 2 (15.38%) User Stories
6 1 (7.69%) BPMN
6 1 (7.69%) Continuous Integration
6 1 (7.69%) KYC
6 1 (7.69%) Line Management
6 1 (7.69%) Logical Data Model
6 1 (7.69%) Physical Data Model
Programming Languages
1 1 (7.69%) Perl
1 1 (7.69%) Python
1 1 (7.69%) SQL
Qualifications
1 1 (7.69%) SC Cleared
1 1 (7.69%) Security Cleared
Quality Assurance & Compliance
1 4 (30.77%) Data Quality
2 1 (7.69%) MiFID
Vendors
1 1 (7.69%) Cognos