Straight-Through Processing Contracts with Work from Home Options

Straight-Through Processing
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 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 30 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
30 May 2024
Same period 2023 Same period 2022
Rank - 460 613
Rank change year-on-year - +153 -124
Contract jobs citing Straight-Through Processing 0 3 2
As % of all contract jobs with a WFH option - 0.012% 0.005%
As % of the Processes & Methodologies category - 0.014% 0.005%
Number of daily rates quoted 0 3 2
10th Percentile - £463 £678
25th Percentile - £473 £681
Median daily rate (50th Percentile) - £489 £700
Median % change year-on-year - -30.14% +21.74%
75th Percentile - £490 £719
90th Percentile - £490 £723
UK median daily rate £688 £700 £700
% change year-on-year -1.79% - +7.69%

All Process and Methodology Skills
Work from Home

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 WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 12,801 21,681 40,148
As % of all contract jobs with a WFH option 87.61% 89.58% 91.02%
Number of daily rates quoted 8,628 15,378 29,172
10th Percentile £325 £363 £363
25th Percentile £425 £450 £438
Median daily rate (50th Percentile) £525 £544 £525
Median % change year-on-year -3.45% +3.57% +6.06%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 572 504 519
10th Percentile £14.89 £17.80 £14.20
25th Percentile £24.19 £25.75 £20.75
Median hourly rate £43.00 £52.50 £39.50
Median % change year-on-year -18.10% +32.91% +64.58%
75th Percentile £60.00 £67.50 £57.50
90th Percentile £74.95 £78.00 £70.00
UK median hourly rate £36.50 £36.77 £25.68
% change year-on-year -0.73% +43.19% +9.28%

Straight-Through Processing
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Straight-Through Processing as a proportion of all IT jobs advertised.

Straight-Through Processing trend for jobs with a WFH option

Straight-Through Processing
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 Straight-Through Processing.

Straight-Through Processing daily rate for jobs with a WFH option