Period
to 22 November 2017

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for COREP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited COREP over the 6 months to 22 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.

Common Reporting (COREP)
UK > England
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 831 854 823
Rank change year-on-year +23 -31 -31
Contract jobs citing COREP 20 12 45
As % of all contract IT jobs advertised in England 0.021% 0.012% 0.044%
As % of the Quality Assurance & Compliance category 0.17% 0.11% 0.37%
Number of daily rates quoted 18 11 36
England median daily rate £550 £600 £550
Median daily rate % change year-on-year -8.33% +9.09% -
10th Percentile £507 £475 £481
90th Percentile £623 £750 £663
UK median daily rate £550 £600 £550
% change year-on-year -8.33% +9.09% -
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

COREP 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 England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Contract vacancies with a requirement for quality assurance or compliance skills 12027 11068 12149
As % of all contract IT jobs advertised in England 12.67% 11.30% 11.79%
Number of daily rates quoted 7917 7283 7811
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £228 £236
90th Percentile £638 £600 £588
UK median daily rate £438 £425 £405
% change year-on-year +2.94% +4.94% +1.25%
Number of hourly rates quoted 338 384 426
England median hourly rate £20.00 £22.84 £21.67
Median hourly rate % change year-on-year -12.42% +5.40% +11.10%
10th Percentile £11.13 £11.00 £11.59
90th Percentile £50.00 £47.18 £51.25
UK median hourly rate £20.00 £23.50 £22.50
% change year-on-year -14.89% +4.44% +16.88%

COREP
Job Vacancy Trend in England

Job postings citing COREP as a percentage of all IT jobs advertised in England.

Job vacancy trend for COREP in England

COREP
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing COREP in England.

Contractor daily rate trend for COREP in England

COREP
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing COREP within the England region over the 6 months to 22 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -23 17 £550 -8.33%
Yorkshire - 3 £550 -
North of England - 3 £550 -
COREP
UK

For the 6 months to 22 November 2017, IT contractor jobs citing COREP 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 England region with a requirement for COREP.

1 16 (80.00%) Finance
2 11 (55.00%) FINREP
3 10 (50.00%) Banking
4 7 (35.00%) Investment Banking
4 7 (35.00%) Stakeholder Management
4 7 (35.00%) Oracle
5 6 (30.00%) Business Analysis
5 6 (30.00%) Market Risk
6 5 (25.00%) Data Analysis
6 5 (25.00%) SQL
7 4 (20.00%) Unix
7 4 (20.00%) Linux
7 4 (20.00%) XBRL
7 4 (20.00%) Basel II
7 4 (20.00%) Credit Risk
7 4 (20.00%) Stress Testing
8 2 (10.00%) Front Office
8 2 (10.00%) Migration
8 2 (10.00%) Project Management
8 2 (10.00%) Microsoft Excel
8 2 (10.00%) SMS
8 2 (10.00%) PL/SQL
8 2 (10.00%) SQL Server
8 2 (10.00%) XML
8 2 (10.00%) Translating Business Requirements
8 2 (10.00%) Prototyping
8 2 (10.00%) Regulatory Compliance
8 2 (10.00%) IFRS
8 2 (10.00%) IFRS 9
8 2 (10.00%) IT Strategy

COREP
Co-occurring IT Skills in England 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:

Applications
1 2 (10.00%) Microsoft Excel
Communications & Networking
1 2 (10.00%) SMS
Database & Business Intelligence
1 2 (10.00%) SQL Server
Development Applications
1 2 (10.00%) JIRA
General
1 16 (80.00%) Finance
2 10 (50.00%) Banking
3 7 (35.00%) Investment Banking
4 2 (10.00%) Front Office
Job Titles
1 16 (80.00%) Analyst
2 15 (75.00%) Business Analyst
3 9 (45.00%) Regulatory Business Analyst
4 4 (20.00%) Developer
4 4 (20.00%) Senior Developer
5 3 (15.00%) Regulatory Reporting Business Analyst
5 3 (15.00%) Report Analyst
6 2 (10.00%) Business Data Analyst
6 2 (10.00%) Data Analyst
6 2 (10.00%) Data Business Analyst
6 2 (10.00%) Senior Analyst
7 1 (5.00%) Banking Analyst
7 1 (5.00%) Business IT Analyst
7 1 (5.00%) Investment Banking Business Analyst
7 1 (5.00%) IT Analyst
7 1 (5.00%) IT Business Analyst
7 1 (5.00%) Senior Business Analyst
7 1 (5.00%) Senior Solutions Analyst
7 1 (5.00%) Senior Systems Analyst
7 1 (5.00%) Solutions Analyst
Libraries, Frameworks & Software Standards
1 4 (20.00%) XBRL
2 2 (10.00%) XML
Miscellaneous
1 6 (30.00%) Market Risk
2 4 (20.00%) Credit Risk
3 2 (10.00%) Analytical Skills
4 1 (5.00%) Equities
4 1 (5.00%) Foreign Exchange (FX)
Operating Systems
1 4 (20.00%) Linux
1 4 (20.00%) Unix
Processes & Methodologies
1 7 (35.00%) Stakeholder Management
2 6 (30.00%) Business Analysis
3 5 (25.00%) Data Analysis
4 4 (20.00%) Stress Testing
5 2 (10.00%) Analytics
5 2 (10.00%) IT Strategy
5 2 (10.00%) Migration
5 2 (10.00%) Project Management
5 2 (10.00%) Project Planning
5 2 (10.00%) Prototyping
5 2 (10.00%) Regulatory Compliance
5 2 (10.00%) Security Testing
5 2 (10.00%) Translating Business Requirements
5 2 (10.00%) User Acceptance Testing
6 1 (5.00%) Agile Software Development
6 1 (5.00%) Process Improvement
6 1 (5.00%) Target Operating Model
6 1 (5.00%) Validation
6 1 (5.00%) Waterfall
Programming Languages
1 5 (25.00%) SQL
2 2 (10.00%) PL/SQL
Quality Assurance & Compliance
1 11 (55.00%) FINREP
2 4 (20.00%) Basel II
3 2 (10.00%) Basel III
3 2 (10.00%) CRD IV
3 2 (10.00%) IFRS
3 2 (10.00%) IFRS 9
Vendors
1 7 (35.00%) Oracle