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 26 June 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.

Requirements Management
London / City of London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 164 163 195
Rank change year-on-year -1 +32  
Contract jobs citing Requirements Management 5 2 11
As % of all contract IT jobs advertised in the City of London 0.15% 0.060% 0.19%
As % of the Processes & Methodologies category 0.17% 0.070% 0.23%
Number of daily rates quoted 4 1 6
Median daily rate £538 £363 £435
Median daily rate % change year-on-year +48.27% -16.68%  
90% offered a daily rate of more than £522 £363 £370
10% offered a daily rate of more than £550 £363 £513
UK excluding London median daily rate £413 £414 £400
% change year-on-year -0.30% +3.43%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £44.50 £39.00 £37.39
% change year-on-year +14.10% +4.30%  

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 2925 2856 4712
As % of all contract IT job vacancies advertised in the City of London 88.16% 85.89% 81.13%
Number of daily rates quoted 2250 2341 3708
Median daily rate £500 £475 £468
Median daily rate % change year-on-year +5.26% +1.60%  
90% offered a daily rate of more than £350 £335 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £415 £400 £380
% change year-on-year +3.75% +5.26%  
Number of hourly rates quoted 23 23 56
Median hourly rate £20.00 £19.00 £24.50
Median hourly rate % change year-on-year +5.26% -22.44%  
90% offered a hourly rate of more than £14.75 £12.50 £15.07
10% offered a hourly rate of more than £41.00 £35.20 £55.50
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

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

For the 6 months to 26 June 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 7 (70.00%) Stakeholder Management
2 6 (60.00%) Finance
2 6 (60.00%) Banking
3 5 (50.00%) Agile Software Development
4 4 (40.00%) Business Analysis
4 4 (40.00%) Scrum
4 4 (40.00%) Microsoft Office
5 3 (30.00%) Microsoft Excel
5 3 (30.00%) Retail
6 2 (20.00%) JIRA
6 2 (20.00%) Retail Banking
6 2 (20.00%) QA
6 2 (20.00%) Time Management
6 2 (20.00%) Confluence
6 2 (20.00%) MS Visio
6 2 (20.00%) ISEB
6 2 (20.00%) Microsoft
6 2 (20.00%) Project Management
6 2 (20.00%) Programme Management
6 2 (20.00%) Validation
6 2 (20.00%) Financial Institution
6 2 (20.00%) Analytical Skills
6 2 (20.00%) Regulatory Compliance
6 2 (20.00%) User Acceptance Testing
6 2 (20.00%) User Stories
6 2 (20.00%) SDLC
7 1 (10.00%) Stakeholder and Relationship Management
7 1 (10.00%) FINREP
7 1 (10.00%) DevOps
7 1 (10.00%) Test Scripting

Requirements Management
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 2 (20.00%) Confluence
2 1 (10.00%) SharePoint
Applications
1 4 (40.00%) Microsoft Office
2 3 (30.00%) Microsoft Excel
3 2 (20.00%) MS Visio
4 1 (10.00%) Microsoft PowerPoint
4 1 (10.00%) Microsoft Project
Business Applications
1 1 (10.00%) SAP R/3
Development Applications
1 2 (20.00%) JIRA
2 1 (10.00%) Artifactory
2 1 (10.00%) Bitbucket
2 1 (10.00%) TeamCity
General
1 6 (60.00%) Banking
1 6 (60.00%) Finance
2 3 (30.00%) Retail
3 2 (20.00%) Financial Institution
3 2 (20.00%) Retail Banking
4 1 (10.00%) General Ledger
4 1 (10.00%) International Banking
4 1 (10.00%) Telecoms
Job Titles
1 6 (60.00%) Analyst
2 5 (50.00%) Business Analyst
3 1 (10.00%) Agile Business Analyst
3 1 (10.00%) Architect
3 1 (10.00%) Business Manager
3 1 (10.00%) Business Relationship Manager
3 1 (10.00%) Enterprise Architect
3 1 (10.00%) Financial Analyst
3 1 (10.00%) Financial Business Analyst
3 1 (10.00%) Financial Services Business Analyst
3 1 (10.00%) IT Manager
3 1 (10.00%) IT Relationships Manager
3 1 (10.00%) Relationships Manager
3 1 (10.00%) Release Analyst
3 1 (10.00%) Retail Business Analyst
3 1 (10.00%) Service Analyst
3 1 (10.00%) Systems Engineer
3 1 (10.00%) Technical Analyst
3 1 (10.00%) Technical Business Analyst
3 1 (10.00%) UAT Analyst
Libraries, Frameworks & Software Standards
1 1 (10.00%) Oracle Fusion
1 1 (10.00%) XBRL
Miscellaneous
1 2 (20.00%) Analytical Skills
2 1 (10.00%) Derivative
2 1 (10.00%) Equities
2 1 (10.00%) Interest Rate Derivative
Processes & Methodologies
1 7 (70.00%) Stakeholder Management
2 5 (50.00%) Agile Software Development
3 4 (40.00%) Business Analysis
3 4 (40.00%) Scrum
4 2 (20.00%) Programme Management
4 2 (20.00%) Project Management
4 2 (20.00%) Regulatory Compliance
4 2 (20.00%) SDLC
4 2 (20.00%) Time Management
4 2 (20.00%) User Acceptance Testing
4 2 (20.00%) User Stories
4 2 (20.00%) Validation
5 1 (10.00%) Change Control
5 1 (10.00%) Continuous Improvement
5 1 (10.00%) DevOps
5 1 (10.00%) Functional Testing
5 1 (10.00%) Release Management
5 1 (10.00%) Stakeholder and Relationship Management
5 1 (10.00%) Use Case
5 1 (10.00%) Waterfall
Programming Languages
1 1 (10.00%) C
Qualifications
1 2 (20.00%) ISEB
Quality Assurance & Compliance
1 2 (20.00%) QA
2 1 (10.00%) Basel III
2 1 (10.00%) COBIT
2 1 (10.00%) FINREP
2 1 (10.00%) PMO
Vendors
1 2 (20.00%) Microsoft
2 1 (10.00%) Atlassian
2 1 (10.00%) CheckPoint
2 1 (10.00%) Oracle
2 1 (10.00%) SAP
2 1 (10.00%) Siemens
2 1 (10.00%) Thales
City, London
EPAM Systems
Rate: From £450 to £451 per day
Posted: 20 days ago