Period
to 24 April 2019

The following table provides summary statistics for contract job vacancies advertised in Central London with a requirement for SEPA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SEPA over the 6 months to 24 April 2019 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.

Single Euro Payments Area (SEPA)
London > Central London
6 months to
24 Apr 2019
Same period 2018 Same period 2017
Rank 253 272 206
Rank change year-on-year +19 -66 +22
Contract jobs citing SEPA 30 22 35
As % of all contract IT jobs advertised in Central London 0.34% 0.24% 0.49%
As % of the Quality Assurance & Compliance category 3.94% 2.05% 3.73%
Number of daily rates quoted 7 13 35
Central London median daily rate £400 £500 £525
Median daily rate % change year-on-year -20.00% -4.76% -15.15%
10th Percentile £290 £463 £348
90th Percentile £675 £578 £625
London median daily rate £489 £500 £550
% change year-on-year -2.30% -9.09% -
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London median hourly rate - - -

SEPA 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 761 1,072 939
As % of all contract IT jobs advertised in Central London 8.63% 11.66% 13.08%
Number of daily rates quoted 541 767 697
Central London median daily rate £500 £500 £500
10th Percentile £325 £313 £313
90th Percentile £650 £650 £675
London median daily rate £500 £500 £475
% change year-on-year - +5.26% +5.56%
Number of hourly rates quoted 11 13 7
Central London median hourly rate £21.18 £15.50 £14.00
Median hourly rate % change year-on-year +36.65% +10.71% -55.56%
10th Percentile £12.50 £14.80 £13.50
90th Percentile £43.01 £67.05 £16.71
London median hourly rate £22.00 £21.90 £22.00
% change year-on-year +0.46% -0.45% -2.22%

SEPA
Job Vacancy Trend in Central London

Job postings citing SEPA as a percentage of all IT jobs advertised in Central London.

Job vacancy trend for SEPA in Central London

SEPA
Contractor Daily Rate Trend in Central London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing SEPA in Central London.

Contractor daily rate trend for SEPA in Central London

SEPA
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing SEPA in Central London over the 6 months to 24 April 2019.

Contractor daily rate histogram for SEPA in Central London

SEPA
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 SEPA within the Central London region over the 6 months to 24 April 2019. 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 +15 29 £388 -22.50% 1
SEPA
London

For the 6 months to 24 April 2019, IT contractor jobs citing SEPA 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 SEPA.

1 28 (93.33%) Finance
1 28 (93.33%) Banking
2 25 (83.33%) Test Scripting
3 24 (80.00%) Analytical Skills
4 23 (76.67%) QA
4 23 (76.67%) Integration Testing
4 23 (76.67%) HP Quality Center
4 23 (76.67%) Validation
4 23 (76.67%) HP
5 14 (46.67%) API Development
5 14 (46.67%) API Testing
5 14 (46.67%) REST
6 13 (43.33%) Financial Institution
7 11 (36.67%) Middleware
7 11 (36.67%) SOAP
7 11 (36.67%) Web Services
7 11 (36.67%) RESTful
7 11 (36.67%) Cucumber
7 11 (36.67%) Selenium
8 9 (30.00%) SWIFT
8 9 (30.00%) Identity Access Management
9 8 (26.67%) Continuous Integration
10 6 (20.00%) PSD2
11 4 (13.33%) Regulatory Compliance
11 4 (13.33%) BDD
11 4 (13.33%) Stakeholder Management
12 3 (10.00%) SoapUI
12 3 (10.00%) TARGET2
13 2 (6.67%) Scenario Testing
13 2 (6.67%) Test Planning

SEPA
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:

Applications
1 1 (3.33%) Microsoft Office
Communications & Networking
1 2 (6.67%) Internet
Development Applications
1 11 (36.67%) Cucumber
1 11 (36.67%) Selenium
2 3 (10.00%) SoapUI
General
1 28 (93.33%) Banking
1 28 (93.33%) Finance
2 13 (43.33%) Financial Institution
3 2 (6.67%) Front Office
3 2 (6.67%) Retail Banking
4 1 (3.33%) Retail
Job Titles
1 14 (46.67%) Tester
2 13 (43.33%) Analyst
3 11 (36.67%) Test Analyst
4 9 (30.00%) Identity and Access Management Analyst
4 9 (30.00%) Identity Management Analyst
4 9 (30.00%) Systems Analyst
4 9 (30.00%) Systems Test Analyst
5 3 (10.00%) Payments Tester
6 2 (6.67%) Banking Project Manager
6 2 (6.67%) Business Analyst
6 2 (6.67%) IT Manager
6 2 (6.67%) IT Project Manager
6 2 (6.67%) Payments Analyst
6 2 (6.67%) Project Manager
7 1 (3.33%) MiFID Business Analyst
7 1 (3.33%) Mobile Test Analyst
7 1 (3.33%) Product Owner
7 1 (3.33%) Regulatory Business Analyst
7 1 (3.33%) Regulatory Reporting Business Analyst
7 1 (3.33%) Report Analyst
Libraries, Frameworks & Software Standards
1 14 (46.67%) REST
2 11 (36.67%) Middleware
2 11 (36.67%) RESTful
2 11 (36.67%) SOAP
2 11 (36.67%) Web Services
Miscellaneous
1 24 (80.00%) Analytical Skills
2 9 (30.00%) SWIFT
3 2 (6.67%) Foreign Exchange (FX)
3 2 (6.67%) Online Banking
4 1 (3.33%) iPhone
4 1 (3.33%) Mobile App
Operating Systems
1 1 (3.33%) Android
1 1 (3.33%) Apple iOS
1 1 (3.33%) Mac OS
Processes & Methodologies
1 25 (83.33%) Test Scripting
2 23 (76.67%) Integration Testing
2 23 (76.67%) Validation
3 14 (46.67%) API Development
3 14 (46.67%) API Testing
4 9 (30.00%) Identity Access Management
5 8 (26.67%) Continuous Integration
6 4 (13.33%) BDD
6 4 (13.33%) Regulatory Compliance
6 4 (13.33%) Stakeholder Management
7 2 (6.67%) Agile Software Development
7 2 (6.67%) Anti-Money Laundering
7 2 (6.67%) ITIL
7 2 (6.67%) Matrix Management
7 2 (6.67%) PRINCE2
7 2 (6.67%) Project Governance
7 2 (6.67%) Project Management
7 2 (6.67%) Scenario Testing
7 2 (6.67%) Test Planning
7 2 (6.67%) Waterfall
Qualifications
1 2 (6.67%) PMI Certification
1 2 (6.67%) PMP
Quality Assurance & Compliance
1 23 (76.67%) QA
2 6 (20.00%) PSD2
3 3 (10.00%) TARGET2
4 1 (3.33%) Basel III
4 1 (3.33%) EMIR
4 1 (3.33%) MiFID
Systems Management
1 23 (76.67%) HP Quality Center
Vendors
1 23 (76.67%) HP
2 1 (3.33%) Apple
2 1 (3.33%) Huawei
2 1 (3.33%) Microsoft
2 1 (3.33%) Samsung
2 1 (3.33%) Sony