PSD2 Contracts with Work from Home Options

EU Revised Directive on Payment Services (PSD2)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for PSD2 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited PSD2 over the 6 months to 15 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
15 May 2024
Same period 2023 Same period 2022
Rank 333 450 594
Rank change year-on-year +117 +144 -114
Contract jobs citing PSD2 6 15 23
As % of all contract jobs with a WFH option 0.040% 0.061% 0.052%
As % of the Quality Assurance & Compliance category 0.28% 0.50% 0.39%
Number of daily rates quoted 4 14 18
10th Percentile - - £385
25th Percentile £500 £415 £528
Median daily rate (50th Percentile) £525 £458 £681
Median % change year-on-year +14.63% -32.77% +51.39%
75th Percentile £550 £512 £700
90th Percentile - £723 £775
UK median daily rate £525 £458 £675
% change year-on-year +14.63% -32.15% +46.74%

All Quality Assurance and Compliance Skills
Work from Home

PSD2 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 WFH option and a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 2,137 3,011 5,828
As % of all contract jobs with a WFH option 14.41% 12.18% 13.26%
Number of daily rates quoted 1,478 2,190 4,151
10th Percentile £313 £325 £313
25th Percentile £420 £425 £406
Median daily rate (50th Percentile) £516 £524 £500
Median % change year-on-year -1.48% +4.75% +5.26%
75th Percentile £625 £625 £600
90th Percentile £750 £730 £700
UK median daily rate £510 £525 £513
% change year-on-year -2.86% +2.44% +7.89%
Number of hourly rates quoted 75 67 125
10th Percentile £12.75 £18.62 £11.75
25th Percentile £14.00 £24.11 £19.35
Median hourly rate £23.50 £40.00 £44.50
Median % change year-on-year -41.25% -10.11% +134.21%
75th Percentile £48.75 £61.88 £54.00
90th Percentile £65.00 £72.05 £74.00
UK median hourly rate £21.06 £35.00 £31.00
% change year-on-year -39.84% +12.90% +47.62%

PSD2
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing PSD2 as a proportion of all IT jobs advertised.

PSD2 trend for jobs with a WFH option

PSD2
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing PSD2.

PSD2 daily rate for jobs with a WFH option

PSD2
Co-occurring Skills and Capabilities with WFH Options 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:

Applications
1 2 (33.33%) Microsoft Excel
1 2 (33.33%) Microsoft PowerPoint
1 2 (33.33%) MS Visio
Business Applications
1 2 (33.33%) Payment Gateway
Cloud Services
1 4 (66.67%) Azure
1 4 (66.67%) Azure DevOps
2 2 (33.33%) Stripe
General
1 4 (66.67%) Banking
2 2 (33.33%) Documentation Skills
2 2 (33.33%) 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 Architect
1 2 (33.33%) Payments Business Analyst
Libraries, Frameworks & Software Standards
1 2 (33.33%) FIDO
1 2 (33.33%) RESTful
Miscellaneous
1 2 (33.33%) Contactless
1 2 (33.33%) Digital Wallet
Processes & Methodologies
1 6 (100.00%) Regulatory Compliance
2 4 (66.67%) Agile
2 4 (66.67%) B2B
2 4 (66.67%) Data Protection
2 4 (66.67%) DevOps
2 4 (66.67%) Kanban
2 4 (66.67%) Stakeholder Management
2 4 (66.67%) Waterfall
3 2 (33.33%) API Design
3 2 (33.33%) Business Analysis
3 2 (33.33%) Data Analysis
3 2 (33.33%) Data Encryption
3 2 (33.33%) E-Commerce
3 2 (33.33%) Machine Learning
3 2 (33.33%) Microservices
3 2 (33.33%) Performance Optimisation
3 2 (33.33%) Risk Assessment
3 2 (33.33%) Scrum
3 2 (33.33%) Use Case
3 2 (33.33%) User Stories
Quality Assurance & Compliance
1 6 (100.00%) GDPR
1 6 (100.00%) PCI DSS
2 1 (16.67%) NIST
Vendors
1 2 (33.33%) PayPal