Period
to 30 July 2021

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for SEPA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SEPA over the 6 months to 30 July 2021 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.

Single Euro Payments Area (SEPA)
Central London > City of London
6 months to
30 Jul 2021
Same period 2020 Same period 2019
Rank 162 - 226
Rank change year-on-year - +226 +16
Contract jobs citing SEPA 6 0 14
As % of all contract jobs advertised in the City of London 0.17% - 0.21%
As % of the Quality Assurance & Compliance category 1.47% - 2.24%
Number of daily rates quoted 6 0 6
Median daily rate (50th Percentile) £600 - £475
Central London median daily rate £600 - £550

SEPA is in the Quality Assurance and Compliance 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 quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 409 285 624
As % of all contract IT jobs advertised in the City of London 11.88% 12.12% 9.53%
Number of daily rates quoted 284 185 473
10th Percentile £375 £260 £325
25th Percentile £459 £413 £413
Median daily rate (50th Percentile) £535 £485 £500
Median % change year-on-year +10.31% -3.00% +5.26%
75th Percentile £638 £575 £588
90th Percentile £746 £663 £673
Central London median daily rate £525 £475 £500
% change year-on-year +10.53% -5.00% +5.26%
Number of hourly rates quoted 5 8 6
10th Percentile £17.05 £19.90 £11.13
25th Percentile £21.25 £34.17 £11.94
Median hourly rate £25.50 £38.50 £15.33
Median % change year-on-year -33.77% +151.14% -18.02%
75th Percentile £29.75 £51.13 £19.83
90th Percentile £73.55 £61.25 £31.63
Central London median hourly rate £20.00 £38.50 £17.66
% change year-on-year -48.05% +118.01% -6.31%

SEPA
Job Vacancy Trend in the City of London

Job postings citing SEPA as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for SEPA in the City of London

SEPA
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing SEPA in the City of London.

Daily rate trend for SEPA in the City of London

For the 6 months to 30 July 2021, IT contractor jobs citing SEPA also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for SEPA.

1 6 (100.00%) SWIFT
2 3 (50.00%) Root Cause Analysis
2 3 (50.00%) Mobile Payment
2 3 (50.00%) Kalman Filter
2 3 (50.00%) Incident Management
2 3 (50.00%) Unix
2 3 (50.00%) Service Delivery
2 3 (50.00%) Back Office
3 2 (33.33%) Foreign Exchange (FX)
3 2 (33.33%) Architecture Roadmap
3 2 (33.33%) Banking
4 1 (16.67%) DB2
4 1 (16.67%) Data Centre
4 1 (16.67%) Target Operating Model
4 1 (16.67%) vSphere
4 1 (16.67%) Security Architecture
4 1 (16.67%) VMware ESXi
4 1 (16.67%) WebSphere
4 1 (16.67%) Load Balancing
4 1 (16.67%) VMware Infrastructure
4 1 (16.67%) Red Hat Enterprise Linux
4 1 (16.67%) Red Hat
4 1 (16.67%) WebSphere MQ
4 1 (16.67%) VMware
4 1 (16.67%) Firewall
4 1 (16.67%) Wireless
4 1 (16.67%) Linux
4 1 (16.67%) LAN
4 1 (16.67%) WAN
4 1 (16.67%) VPN

SEPA
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%) WebSphere
Communications & Networking
1 1 (16.67%) Firewall
1 1 (16.67%) LAN
1 1 (16.67%) VPN
1 1 (16.67%) WAN
1 1 (16.67%) Wireless
Database & Business Intelligence
1 1 (16.67%) DB2
General
1 3 (50.00%) Back Office
2 2 (33.33%) Banking
Job Titles
1 3 (50.00%) Architect
1 3 (50.00%) Back Office Engineer
1 3 (50.00%) Payments Architect
1 3 (50.00%) Payments Solutions Architect
1 3 (50.00%) Solutions Architect
2 1 (16.67%) Infrastructure Architect
2 1 (16.67%) Infrastructure Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (16.67%) WebSphere MQ
Miscellaneous
1 6 (100.00%) SWIFT
2 3 (50.00%) Mobile Payment
3 2 (33.33%) Foreign Exchange (FX)
4 1 (16.67%) Data Centre
Operating Systems
1 3 (50.00%) Unix
2 1 (16.67%) Linux
2 1 (16.67%) Red Hat Enterprise Linux
Processes & Methodologies
1 3 (50.00%) Incident Management
1 3 (50.00%) Kalman Filter
1 3 (50.00%) Root Cause Analysis
1 3 (50.00%) Service Delivery
2 2 (33.33%) Architecture Roadmap
3 1 (16.67%) B2B
3 1 (16.67%) Load Balancing
3 1 (16.67%) Security Architecture
3 1 (16.67%) Target Operating Model
System Software
1 1 (16.67%) VMware ESXi
1 1 (16.67%) VMware Infrastructure
1 1 (16.67%) vSphere
Vendors
1 1 (16.67%) Citrix
1 1 (16.67%) IBM
1 1 (16.67%) Microsoft
1 1 (16.67%) Red Hat
1 1 (16.67%) VMware