The median contractor rate for a Senior Business Analyst was £550 per day in advertised job vacancies in the City of London during the 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Senior Business Analyst
London / City of London
Rank 124 139 163
Rank change year-on-year +15 +24  
Contract jobs requiring a Senior Business Analyst 30 19 32
As % of all contract IT jobs advertised in the City of London 1.00% 0.57% 0.63%
As % of the Job Titles category 1.05% 0.60% 0.65%
Number of daily rates quoted 23 15 24
Median daily rate £550 £525 £488
Median daily rate % change year-on-year +4.76% +7.69%  
90% offered a daily rate of more than £455 £407 £375
10% offered a daily rate of more than £620 £590 £593
UK excluding London median daily rate £450 £425 £450
% change year-on-year +5.88% -5.55%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £47.50 -
UK excluding London median hourly rate £31.00 - -

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 2852 3174 4901
As % of all contract IT job vacancies advertised in the City of London 95.26% 95.40% 96.10%
Number of daily rates quoted 2214 2527 3692
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 £313 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 32 47 77
Median hourly rate £19.00 £20.00 £18.24
Median hourly rate % change year-on-year -4.97% +9.62%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £45.40 £27.13
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Senior Business Analyst
Job Vacancy Trend in the City of London

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

Job vacancy trend for Senior Business Analyst in the City of London

Senior Business 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 Senior Business Analyst in the City of London.

Contractor daily rate trend for Senior Business Analyst in the City of London

Senior Business Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Senior Business Analyst in the City of London over the 3 months to 26 March 2017.

Contractor daily rate histogram for Senior Business Analyst in the City of London

Senior Business Analyst
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Senior Business Analyst in the City of London

Senior Business Analyst Skill Set
Top 30 Related IT Skills in the City of London

For the 6 months to 26 March 2017, Senior Business 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 Senior Business Analyst in the job title.

1 27 (49.09%) Business Analysis
2 20 (36.36%) Stakeholder Management
3 18 (32.73%) Finance
4 16 (29.09%) Agile Software Development
5 14 (25.45%) MiFID
6 10 (18.18%) Banking
7 9 (16.36%) Front Office
7 9 (16.36%) Microsoft
7 9 (16.36%) Use Case
8 8 (14.55%) Advertising
9 7 (12.73%) Asset Management
10 6 (10.91%) Wealth Management
10 6 (10.91%) Investment Management
10 6 (10.91%) Scrum
10 6 (10.91%) Waterfall
10 6 (10.91%) SDLC
11 5 (9.09%) Process Improvement
11 5 (9.09%) Dodd-Frank
11 5 (9.09%) Analytical Skills
11 5 (9.09%) Process Management
12 4 (7.27%) Dynamics CRM
12 4 (7.27%) Credit Risk
12 4 (7.27%) OpenUP
12 4 (7.27%) Team Foundation Server
12 4 (7.27%) Change Management
12 4 (7.27%) Fixed Income
12 4 (7.27%) MS Excel
12 4 (7.27%) CRM
12 4 (7.27%) BPR
12 4 (7.27%) Business Transformation

Senior Business Analyst Skill Set
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 2 (3.64%) SharePoint
2 1 (1.82%) CMS
Applications
1 4 (7.27%) MS Excel
2 3 (5.45%) MS Office
3 2 (3.64%) MS Visio
Business Applications
1 4 (7.27%) Dynamics CRM
2 1 (1.82%) HFM
2 1 (1.82%) Hyperion Planning
2 1 (1.82%) ION MarketView
2 1 (1.82%) PeopleSoft Financials
2 1 (1.82%) SAP CRM
Communications & Networking
1 2 (3.64%) Network Security
Database & Business Intelligence
1 3 (5.45%) Data Warehouse
1 3 (5.45%) SQL Server
2 1 (1.82%) Essbase
2 1 (1.82%) QlikView
Development Applications
1 4 (7.27%) Team Foundation Server
2 3 (5.45%) JIRA
2 3 (5.45%) Visual Studio
3 1 (1.82%) Cucumber
3 1 (1.82%) Jenkins
General
1 18 (32.73%) Finance
2 10 (18.18%) Banking
3 9 (16.36%) Front Office
4 8 (14.55%) Advertising
5 2 (3.64%) Investment Banking
5 2 (3.64%) Retail
5 2 (3.64%) Retail Banking
6 1 (1.82%) Legal
6 1 (1.82%) Telecoms
Libraries, Frameworks & Software Standards
1 2 (3.64%) Gherkin
2 1 (1.82%) FIX Protocol
2 1 (1.82%) FpML
2 1 (1.82%) Velocity
2 1 (1.82%) Web Services
2 1 (1.82%) XML
Miscellaneous
1 5 (9.09%) Analytical Skills
2 4 (7.27%) Credit Risk
2 4 (7.27%) Fixed Income
3 3 (5.45%) Derivative
3 3 (5.45%) Market Risk
4 2 (3.64%) Foreign Exchange (FX)
5 1 (1.82%) Computer Science
5 1 (1.82%) Management Information System
5 1 (1.82%) Reinsurance
5 1 (1.82%) User Experience
Processes & Methodologies
1 27 (49.09%) Business Analysis
2 20 (36.36%) Stakeholder Management
3 16 (29.09%) Agile Software Development
4 9 (16.36%) Use Case
5 7 (12.73%) Asset Management
6 6 (10.91%) Investment Management
6 6 (10.91%) Scrum
6 6 (10.91%) SDLC
6 6 (10.91%) Waterfall
6 6 (10.91%) Wealth Management
7 5 (9.09%) Process Improvement
7 5 (9.09%) Process Management
8 4 (7.27%) BPR
8 4 (7.27%) Business Process Analysis
8 4 (7.27%) Business Transformation
8 4 (7.27%) Change Management
8 4 (7.27%) CRM
8 4 (7.27%) OpenUP
8 4 (7.27%) Stakeholder Engagement
8 4 (7.27%) Target Operating Model
Programming Languages
1 2 (3.64%) SQL
2 1 (1.82%) T-SQL
Qualifications
1 3 (5.45%) Security Cleared
2 2 (3.64%) BPSS Clearance
2 2 (3.64%) Degree
2 2 (3.64%) ISEB
2 2 (3.64%) SC Cleared
3 1 (1.82%) CTC Cleared
Quality Assurance & Compliance
1 14 (25.45%) MiFID
2 5 (9.09%) Dodd-Frank
3 2 (3.64%) QA
3 2 (3.64%) SEPA
4 1 (1.82%) Basel III
4 1 (1.82%) Data Quality
4 1 (1.82%) EMIR
4 1 (1.82%) GDPR
System Software
1 1 (1.82%) Docker
Vendors
1 9 (16.36%) Microsoft
2 3 (5.45%) Guidewire
3 2 (3.64%) Bloomberg
3 2 (3.64%) Charles River
3 2 (3.64%) Oracle
4 1 (1.82%) Fidessa
4 1 (1.82%) Hyperion
4 1 (1.82%) ION Trading
4 1 (1.82%) PeopleSoft
4 1 (1.82%) Salesforce.com
4 1 (1.82%) SAP
4 1 (1.82%) Tableau
4 1 (1.82%) WorldPay
City, London
McGregor Boyall
Posted: 2 days ago