The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Requirements Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Management over the 3 months to 25 March 2017 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Requirements Management
London / City of London
Rank 150 151 186
Rank change year-on-year +1 +35  
Contract jobs citing Requirements Management 5 8 9
As % of all contract IT jobs advertised in the City of London 0.17% 0.24% 0.18%
As % of the Processes & Methodologies category 0.19% 0.27% 0.22%
Number of daily rates quoted 4 6 8
Median daily rate £408 £451 £438
Median daily rate % change year-on-year -9.69% +3.14%  
90% offered a daily rate of more than £401 £353 £382
10% offered a daily rate of more than £474 £513 £625
UK excluding London median daily rate £408 £388 £380
% change year-on-year +5.16% +1.97%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £45.00 £42.75 £37.00
% change year-on-year +5.26% +15.54%  

Requirements Management is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2590 2921 4181
As % of all contract IT job vacancies advertised in the City of London 85.48% 87.82% 82.55%
Number of daily rates quoted 2034 2334 3226
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 £345 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% +0.06%  
Number of hourly rates quoted 22 27 36
Median hourly rate £16.00 £20.89 £20.45
Median hourly rate % change year-on-year -23.40% +2.17%  
90% offered a hourly rate of more than £13.50 £14.20 £12.50
10% offered a hourly rate of more than £28.35 £47.50 £92.50
UK excluding London median hourly rate £36.00 £38.75 £30.00
% change year-on-year -7.09% +29.16%  

Requirements Management
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Requirements Management as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Requirements Management in the City of London

Requirements Management
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 Requirements Management in the City of London.

Contractor daily rate trend for Requirements Management in the City of London

Requirements Management
Top 30 Related IT Skills in the City of London

For the 6 months to 25 March 2017, IT contractor jobs citing Requirements Management also mentioned the following 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 with a requirement for Requirements Management.

1 4 (80.00%) Stakeholder Management
2 3 (60.00%) Scrum
2 3 (60.00%) Finance
2 3 (60.00%) Agile Software Development
3 2 (40.00%) Banking
3 2 (40.00%) Retail
3 2 (40.00%) MS Office
3 2 (40.00%) SDLC
3 2 (40.00%) Time Management
4 1 (20.00%) Kanban
4 1 (20.00%) BPMN
4 1 (20.00%) Oracle Fusion
4 1 (20.00%) TeamCity
4 1 (20.00%) Confluence
4 1 (20.00%) Waterfall
4 1 (20.00%) Basel III
4 1 (20.00%) Continuous Improvement
4 1 (20.00%) Bitbucket
4 1 (20.00%) Artifactory
4 1 (20.00%) User Stories
4 1 (20.00%) FINREP
4 1 (20.00%) DevOps
4 1 (20.00%) Analytical Skills
4 1 (20.00%) Continuous Delivery
4 1 (20.00%) Regulatory Compliance
4 1 (20.00%) Thales
4 1 (20.00%) Multichannel Retail
4 1 (20.00%) Oracle
4 1 (20.00%) Financial Institution
4 1 (20.00%) Telecoms

Requirements Management
Top Related 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 (20.00%) Confluence
1 1 (20.00%) SharePoint
Applications
1 2 (40.00%) MS Office
2 1 (20.00%) MS Excel
2 1 (20.00%) MS Visio
Business Applications
1 1 (20.00%) SAP R/3
Development Applications
1 1 (20.00%) Artifactory
1 1 (20.00%) Bitbucket
1 1 (20.00%) JIRA
1 1 (20.00%) TeamCity
General
1 3 (60.00%) Finance
2 2 (40.00%) Banking
2 2 (40.00%) Retail
3 1 (20.00%) Financial Institution
3 1 (20.00%) General Ledger
3 1 (20.00%) Retail Banking
3 1 (20.00%) Telecoms
Job Titles
1 3 (60.00%) Analyst
1 3 (60.00%) Business Analyst
2 1 (20.00%) Agile Business Analyst
2 1 (20.00%) Architect
2 1 (20.00%) Enterprise Architect
2 1 (20.00%) Retail Business Analyst
2 1 (20.00%) Systems Engineer
2 1 (20.00%) Technical Analyst
2 1 (20.00%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) Oracle Fusion
1 1 (20.00%) XBRL
Miscellaneous
1 1 (20.00%) Analytical Skills
Processes & Methodologies
1 4 (80.00%) Stakeholder Management
2 3 (60.00%) Agile Software Development
2 3 (60.00%) Scrum
3 2 (40.00%) SDLC
3 2 (40.00%) Time Management
4 1 (20.00%) BPMN
4 1 (20.00%) Business Analysis
4 1 (20.00%) Continuous Delivery
4 1 (20.00%) Continuous Improvement
4 1 (20.00%) DevOps
4 1 (20.00%) Enterprise Architecture
4 1 (20.00%) Kanban
4 1 (20.00%) Multichannel Retail
4 1 (20.00%) Programme Management
4 1 (20.00%) Regulatory Compliance
4 1 (20.00%) Use Case
4 1 (20.00%) User Acceptance Testing
4 1 (20.00%) User Stories
4 1 (20.00%) Waterfall
4 1 (20.00%) Web Development
Qualifications
1 1 (20.00%) ISEB
Quality Assurance & Compliance
1 1 (20.00%) Basel III
1 1 (20.00%) COBIT
1 1 (20.00%) FINREP
1 1 (20.00%) QA
Vendors
1 1 (20.00%) Atlassian
1 1 (20.00%) Microsoft
1 1 (20.00%) Oracle
1 1 (20.00%) SAP
1 1 (20.00%) Siemens
1 1 (20.00%) Thales