Period
to 25 November 2017

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 6 months to 25 November 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
Central London > City of London
6 months to
25 Nov 2017
Same period 2016 Same period 2015
Rank 246 234 257
Rank change year-on-year -12 +23 +17
Contract jobs citing Requirements Management 6 9 13
As % of all contract IT jobs advertised in the City of London 0.084% 0.14% 0.14%
As % of the Processes & Methodologies category 0.096% 0.15% 0.17%
Number of daily rates quoted 4 6 9
City of London median daily rate £535 £465 £415
Median daily rate % change year-on-year +15.05% +12.05% -0.30%
10th Percentile £510 £347 £381
90th Percentile £568 £574 £575
Central London median daily rate £535 £410 £415
% change year-on-year +30.49% -1.20% +0.61%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - £50.00

Requirements Management is in the Processes and Methodologies category. The following 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 or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6274 5832 7602
As % of all contract IT jobs advertised in the City of London 88.35% 87.55% 83.96%
Number of daily rates quoted 4983 4651 6047
City of London median daily rate £510 £475 £470
Median daily rate % change year-on-year +7.37% +1.06% +4.44%
10th Percentile £325 £319 £288
90th Percentile £688 £675 £650
Central London median daily rate £500 £475 £460
% change year-on-year +5.26% +3.26% +3.37%
Number of hourly rates quoted 58 53 73
City of London median hourly rate £20.25 £20.00 £21.25
Median hourly rate % change year-on-year +1.25% -5.88% +10.39%
10th Percentile £13.34 £13.55 £10.87
90th Percentile £32.36 £54.03 £45.60
Central London median hourly rate £20.86 £19.00 £21.00
% change year-on-year +9.80% -9.52% +16.67%

Requirements Management
Job Vacancy Trend in the City of London

Job postings citing Requirements Management as a percentage of all IT jobs advertised in the City of London.

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 25 November 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 (66.67%) Agile Software Development
1 4 (66.67%) Banking
2 3 (50.00%) Stakeholder Management
3 2 (33.33%) Scrum
3 2 (33.33%) Finance
3 2 (33.33%) Validation
3 2 (33.33%) MS Visio
3 2 (33.33%) Microsoft Office
3 2 (33.33%) Microsoft Excel
3 2 (33.33%) Project Management
3 2 (33.33%) Business Analysis
3 2 (33.33%) JIRA
4 1 (16.67%) Resource Management
4 1 (16.67%) QA
4 1 (16.67%) Release Management
4 1 (16.67%) User Acceptance Testing
4 1 (16.67%) Electronic Trading
4 1 (16.67%) Confluence
4 1 (16.67%) Change Control
4 1 (16.67%) Functional Testing
4 1 (16.67%) User Stories
4 1 (16.67%) Analytical Skills
4 1 (16.67%) Budgeting and Forecasting
4 1 (16.67%) Regulatory Compliance
4 1 (16.67%) PMO
4 1 (16.67%) Acceptance Criteria
4 1 (16.67%) Microsoft PowerPoint
4 1 (16.67%) Derivative
4 1 (16.67%) Interest Rate Derivative
4 1 (16.67%) Retail Banking

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 1 (16.67%) Confluence
Applications
1 2 (33.33%) Microsoft Excel
1 2 (33.33%) Microsoft Office
1 2 (33.33%) MS Visio
2 1 (16.67%) Microsoft PowerPoint
2 1 (16.67%) Microsoft Project
Development Applications
1 2 (33.33%) JIRA
General
1 4 (66.67%) Banking
2 2 (33.33%) Finance
3 1 (16.67%) Financial Institution
3 1 (16.67%) International Banking
3 1 (16.67%) Retail Banking
Job Titles
1 4 (66.67%) Analyst
2 3 (50.00%) Business Analyst
3 1 (16.67%) Business Manager
3 1 (16.67%) Business Relationship Manager
3 1 (16.67%) E-Commerce Manager
3 1 (16.67%) E-Commerce Project Manager
3 1 (16.67%) Implementation Manager
3 1 (16.67%) Implementation Project Manager
3 1 (16.67%) IT Manager
3 1 (16.67%) IT Relationships Manager
3 1 (16.67%) Project Implementation Manager
3 1 (16.67%) Project Manager
3 1 (16.67%) Relationships Manager
3 1 (16.67%) Release Analyst
3 1 (16.67%) Senior E-Commerce Manager
3 1 (16.67%) Senior Manager
3 1 (16.67%) Senior Project Manager
3 1 (16.67%) Service Analyst
3 1 (16.67%) Technical Analyst
3 1 (16.67%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 1 (16.67%) XML
Miscellaneous
1 1 (16.67%) Analytical Skills
1 1 (16.67%) Derivative
1 1 (16.67%) Equities
1 1 (16.67%) Foreign Exchange (FX)
1 1 (16.67%) Interest Rate Derivative
Processes & Methodologies
1 4 (66.67%) Agile Software Development
2 3 (50.00%) Stakeholder Management
3 2 (33.33%) Business Analysis
3 2 (33.33%) Project Management
3 2 (33.33%) Scrum
3 2 (33.33%) Validation
4 1 (16.67%) Acceptance Criteria
4 1 (16.67%) Budgeting and Forecasting
4 1 (16.67%) Change Control
4 1 (16.67%) Data Modelling
4 1 (16.67%) E-Commerce
4 1 (16.67%) Electronic Trading
4 1 (16.67%) Functional Testing
4 1 (16.67%) PRINCE2
4 1 (16.67%) Programme Management
4 1 (16.67%) Regulatory Compliance
4 1 (16.67%) Release Management
4 1 (16.67%) Resource Management
4 1 (16.67%) User Acceptance Testing
4 1 (16.67%) User Stories
Programming Languages
1 1 (16.67%) Java
Qualifications
1 1 (16.67%) ISEB
1 1 (16.67%) PMI Certification
1 1 (16.67%) PMP
Quality Assurance & Compliance
1 1 (16.67%) PMO
1 1 (16.67%) QA
Vendors
1 1 (16.67%) CheckPoint
1 1 (16.67%) Microsoft