Stress Testing Contracts with Work from Home Options

Stress Testing
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 Stress Testing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stress Testing over the 6 months to 22 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
22 May 2024
Same period 2023 Same period 2022
Rank 328 439 569
Rank change year-on-year +111 +130 -87
Contract jobs citing Stress Testing 16 24 47
As % of all contract jobs with a WFH option 0.11% 0.098% 0.11%
As % of the Processes & Methodologies category 0.12% 0.11% 0.12%
Number of daily rates quoted 12 21 33
10th Percentile - £410 £408
25th Percentile £280 £515 £485
Median daily rate (50th Percentile) £358 £658 £623
Median % change year-on-year -45.67% +5.70% +29.69%
75th Percentile £591 £950 £700
90th Percentile £600 - £738
UK median daily rate £363 £675 £700
% change year-on-year -46.30% -3.57% +33.33%

All Process and Methodology Skills
Work from Home

Stress Testing 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 12,871 21,938 40,174
As % of all contract jobs with a WFH option 87.92% 89.66% 91.07%
Number of daily rates quoted 8,680 15,535 29,175
10th Percentile £325 £363 £363
25th Percentile £425 £450 £433
Median daily rate (50th Percentile) £525 £543 £525
Median % change year-on-year -3.31% +3.43% +7.14%
75th Percentile £638 £650 £634
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £533
% change year-on-year -4.55% +3.29% +7.58%
Number of hourly rates quoted 566 510 537
10th Percentile £14.66 £18.63 £14.50
25th Percentile £24.44 £27.48 £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 £68.75 £57.50
90th Percentile £75.00 £79.27 £71.00
UK median hourly rate £36.05 £37.00 £25.68
% change year-on-year -2.58% +44.08% +7.00%

Stress Testing
Trend for Jobs with a WFH Option

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

Stress Testing trend for jobs with a WFH option

Stress Testing
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 Stress Testing.

Stress Testing daily rate for jobs with a WFH option

Stress Testing
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Stress Testing over the 6 months to 22 May 2024.

Stress Testing daily rate histogram for jobs with a WFH option

Stress Testing
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:

Application Platforms
1 3 (18.75%) SAS
Communications & Networking
1 1 (6.25%) Firewall
1 1 (6.25%) LAN
1 1 (6.25%) SD-WAN
1 1 (6.25%) WAN
1 1 (6.25%) Wi-Fi
General
1 11 (68.75%) Finance
2 5 (31.25%) Banking
3 2 (12.50%) Public Sector
4 1 (6.25%) Front Office
4 1 (6.25%) Investment Banking
4 1 (6.25%) Retail
Job Titles
1 4 (25.00%) Analyst
1 4 (25.00%) Data Modeller
2 3 (18.75%) PMO Analyst
2 3 (18.75%) SAS Modeller
3 2 (12.50%) Credit Risk Modeller
3 2 (12.50%) Risk Analyst
4 1 (6.25%) Automation Developer
4 1 (6.25%) Banking Analyst
4 1 (6.25%) Business Analyst
4 1 (6.25%) Business Systems Analyst
4 1 (6.25%) Consultant
4 1 (6.25%) Credit Analyst
4 1 (6.25%) Credit Risk Analyst
4 1 (6.25%) Designer
4 1 (6.25%) Developer
4 1 (6.25%) Financial Analyst
4 1 (6.25%) PMO Consultant
4 1 (6.25%) Project Analyst
4 1 (6.25%) Risk Business Analyst
Miscellaneous
1 7 (43.75%) Credit Risk
2 1 (6.25%) Management Information System
2 1 (6.25%) Market Risk
Processes & Methodologies
1 8 (50.00%) Project Delivery
2 5 (31.25%) Analytics
2 5 (31.25%) Data Modelling
3 4 (25.00%) Validation
4 3 (18.75%) Portfolio Management
5 2 (12.50%) Agile
5 2 (12.50%) Credit Risk Modelling
5 2 (12.50%) Internal Audit
6 1 (6.25%) API Integration
6 1 (6.25%) Business Analysis
6 1 (6.25%) Model Validation
6 1 (6.25%) Network Management
6 1 (6.25%) Project Governance
6 1 (6.25%) Project Management
6 1 (6.25%) Quantitative Analysis
6 1 (6.25%) Requirements Gathering
6 1 (6.25%) Risk Management
6 1 (6.25%) Scaled Agile Framework
6 1 (6.25%) Test Strategy
Programming Languages
1 4 (25.00%) SQL
Quality Assurance & Compliance
1 7 (43.75%) PMO
2 6 (37.50%) IFRS
2 6 (37.50%) IFRS 9
Systems Management
1 1 (6.25%) Ansible
Vendors
1 1 (6.25%) Cisco
1 1 (6.25%) Palo Alto
1 1 (6.25%) Red Hat