The median contractor rate for a Functional Analyst was £420 per day in advertised job vacancies in the City of London during the 3 months to 22 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Functional Analyst
London / City of London
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 160 165 206
Rank change year-on-year +5 +41  
Contract jobs requiring a Functional Analyst 5 4 6
As % of all contract IT jobs advertised in the City of London 0.15% 0.12% 0.10%
As % of the Job Titles category 0.16% 0.12% 0.11%
Number of daily rates quoted 4 2 3
Median daily rate £420 £488 £313
Median daily rate % change year-on-year -13.84% +56.00%  
90% offered a daily rate of more than £310 £458 £303
10% offered a daily rate of more than £513 £518 £407
UK excluding London median daily rate £450 £340 £338
% change year-on-year +32.35% +0.74%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 3148 3259 5509
As % of all contract IT job vacancies advertised in the City of London 95.51% 95.74% 94.79%
Number of daily rates quoted 2405 2639 4250
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £325 £310 £280
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £373
% change year-on-year - +7.38%  
Number of hourly rates quoted 39 40 99
Median hourly rate £17.77 £20.00 £19.72
Median hourly rate % change year-on-year -11.15% +1.44%  
90% offered a hourly rate of more than £12.93 £12.94 £10.50
10% offered a hourly rate of more than £30.00 £43.57 £37.05
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Functional Analyst
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Functional Analyst in the job title.

Job vacancy trend for Functional Analyst in the City of London

Functional Analyst
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Functional Analyst in the City of London.

Contractor daily rate trend for Functional Analyst in the City of London

Functional Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Functional Analyst in the City of London over the 3 months to 22 June 2017.

Contractor daily rate histogram for Functional Analyst in the City of London

Functional Analyst
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Functional Analyst in the City of London.

Contractor hourly rate trend for Functional Analyst in the City of London

Functional Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 22 June 2017, Functional Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Functional Analyst in the job title.

1 4 (40.00%) SQL
2 3 (30.00%) SAP
2 3 (30.00%) XML
2 3 (30.00%) Workflow
2 3 (30.00%) Banking
2 3 (30.00%) SAP HR
2 3 (30.00%) SAP HCM
2 3 (30.00%) Test Scripting
2 3 (30.00%) Analytical Skills
3 2 (20.00%) Investment Banking
3 2 (20.00%) Investment Management
3 2 (20.00%) SimCorp
3 2 (20.00%) SimCorp Dimension
3 2 (20.00%) MiFID
3 2 (20.00%) Fidessa
3 2 (20.00%) Minerva
3 2 (20.00%) Asset Management
3 2 (20.00%) Finance
3 2 (20.00%) Oracle
3 2 (20.00%) FIX Connectivity
4 1 (10.00%) SQL Server
4 1 (10.00%) WebLogic
4 1 (10.00%) J2EE
4 1 (10.00%) C++
4 1 (10.00%) HTML
4 1 (10.00%) Java
4 1 (10.00%) JavaScript
4 1 (10.00%) PL/SQL
4 1 (10.00%) XSLT
4 1 (10.00%) JBoss

Functional Analyst Skill Set
Co-occurring IT Skills in the City of 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:

Application Platforms
1 1 (10.00%) Apache
1 1 (10.00%) Confluence
1 1 (10.00%) JBoss
1 1 (10.00%) WebLogic
1 1 (10.00%) WebSphere
Business Applications
1 3 (30.00%) SAP HCM
1 3 (30.00%) SAP HR
2 2 (20.00%) Minerva
2 2 (20.00%) SimCorp Dimension
3 1 (10.00%) Dynamics AX
3 1 (10.00%) Oracle EBS R12
3 1 (10.00%) Oracle E-Business Tax
3 1 (10.00%) Oracle FAH
3 1 (10.00%) Oracle Financials
Communications & Networking
1 2 (20.00%) FIX Connectivity
2 1 (10.00%) HTTP
Database & Business Intelligence
1 1 (10.00%) Big Data
1 1 (10.00%) NoSQL
1 1 (10.00%) Power BI
1 1 (10.00%) QlikView
1 1 (10.00%) SQL Server
1 1 (10.00%) SQL Server Reporting Services
1 1 (10.00%) SQLPlus
Development Applications
1 1 (10.00%) JIRA
1 1 (10.00%) Oracle APEX
General
1 3 (30.00%) Banking
2 2 (20.00%) Finance
2 2 (20.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (30.00%) XML
2 1 (10.00%) AngularJS
2 1 (10.00%) GWT
2 1 (10.00%) HTML
2 1 (10.00%) HTML5
2 1 (10.00%) J2EE
2 1 (10.00%) Visualforce
2 1 (10.00%) XML Schema
2 1 (10.00%) XSLT
Miscellaneous
1 3 (30.00%) Analytical Skills
Processes & Methodologies
1 3 (30.00%) Test Scripting
1 3 (30.00%) Workflow
2 2 (20.00%) Asset Management
2 2 (20.00%) Investment Management
3 1 (10.00%) Analytics
3 1 (10.00%) Data Integration
3 1 (10.00%) DevOps
3 1 (10.00%) ETL
3 1 (10.00%) XML Parsing
Programming Languages
1 4 (40.00%) SQL
2 1 (10.00%) Apex Code
2 1 (10.00%) C++
2 1 (10.00%) Java
2 1 (10.00%) JavaScript
2 1 (10.00%) PL/SQL
2 1 (10.00%) X++
Qualifications
1 1 (10.00%) PMI Certification
1 1 (10.00%) PMP
Quality Assurance & Compliance
1 2 (20.00%) MiFID
2 1 (10.00%) QA
Vendors
1 3 (30.00%) SAP
2 2 (20.00%) Fidessa
2 2 (20.00%) Oracle
2 2 (20.00%) SimCorp
3 1 (10.00%) Hyperion
3 1 (10.00%) IBM
3 1 (10.00%) Microsoft
3 1 (10.00%) Salesforce.com
3 1 (10.00%) Tableau
City, London
Oscar
Rate: £150 - £200 per day
Posted: 6 days ago