Period
to 25 May 2020

The following table provides summary statistics for contract job vacancies advertised in Central London with a requirement for FINREP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FINREP over the 6 months to 25 May 2020 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Financial Reporting (FINREP)
London > Central London
6 months to
25 May 2020
Same period 2019 Same period 2018
Rank 163 273 295
Rank change year-on-year +110 +22 -39
Contract jobs citing FINREP 1 6 2
As % of all contract jobs advertised in Central London 0.026% 0.071% 0.022%
As % of the Quality Assurance & Compliance category 0.25% 0.78% 0.19%
Number of daily rates quoted 1 6 2
Median daily rate £638 £600 £750
Median daily rate % change year-on-year +6.25% -20.00% +57.48%
London median daily rate £650 £600 £750
% change year-on-year +8.33% -20.00% +50.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
London median hourly rate - - -

FINREP 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 advertised in Central London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Central London
Contract vacancies with a requirement for quality assurance or compliance skills 406 770 1,081
As % of all contract IT jobs advertised in Central London 10.46% 9.07% 11.74%
Number of daily rates quoted 261 560 787
Median daily rate £475 £500 £493
Median daily rate % change year-on-year -5.00% +1.52% -1.50%
10th Percentile £300 £335 £313
90th Percentile £638 £650 £654
London median daily rate £500 £500 £488
% change year-on-year - +2.56% -
Number of hourly rates quoted 6 10 10
Median hourly rate £38.48 £18.58 £15.53
Median hourly rate % change year-on-year +107.08% +19.68% +5.25%
10th Percentile £22.73 £11.63 £14.44
90th Percentile £50.00 £57.39 £67.10
Median hourly rate £30.22 £21.07 £23.00
% change year-on-year +43.46% -8.41% +8.24%

FINREP
Job Vacancy Trend in Central London

Job postings citing FINREP as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for FINREP in Central London

FINREP
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing FINREP in Central London.

Daily rate trend for FINREP in Central London

FINREP
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FINREP within the Central London region over the 6 months to 25 May 2020. 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
Job
Vacancies
City of London - 1 £638 -
FINREP
London

For the 6 months to 25 May 2020, IT contractor jobs citing FINREP also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for FINREP.

1 1 (100.00%) ACCA
1 1 (100.00%) Project Management
1 1 (100.00%) CIMA
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) COREP

FINREP
Co-occurring IT Skills in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Finance Manager
1 1 (100.00%) Finance Project Manager
1 1 (100.00%) Project Manager
Processes & Methodologies
1 1 (100.00%) Project Management
Qualifications
1 1 (100.00%) ACCA
1 1 (100.00%) CIMA
Quality Assurance & Compliance
1 1 (100.00%) COREP