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 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.

Common Reporting (COREP)
UK / England
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 581 608 613
Rank change year-on-year +27 +5  
Contract jobs citing COREP 8 15 23
As % of all contract IT jobs advertised in England 0.019% 0.031% 0.045%
As % of the Quality Assurance & Compliance category 0.16% 0.27% 0.40%
Number of daily rates quoted 8 12 20
Median daily rate £550 £675 £588
Median daily rate % change year-on-year -18.51% +14.89%  
UK excluding London median daily rate £275 £403 £563
% change year-on-year -31.67% -28.44%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

COREP is in the quality assurance and compliance skills category. The next 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 and compliance skills.

Contract Quality Assurance & Compliance Skills
England
Contract job vacancies with a requirement for quality assurance and compliance skills 4994 5510 5765
As % of all contract IT job vacancies advertised in England 11.57% 11.31% 11.33%
Number of daily rates quoted 3242 3598 3780
Median daily rate £450 £425 £405
Median daily rate % change year-on-year +5.88% +4.93%  
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £613 £600 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 163 198 187
Median hourly rate £25.12 £28.00 £21.55
Median hourly rate % change year-on-year -10.28% +29.93%  
90% offered a hourly rate of more than £12.00 £12.50 £12.38
10% offered a hourly rate of more than £47.00 £47.50 £50.51
UK excluding London median hourly rate £25.00 £28.00 £22.50
% change year-on-year -10.71% +24.44%  

COREP
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing COREP as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

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 3 months to 26 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -12 8 £550 -18.51% 3
COREP
UK

For the 6 months to 26 June 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 8 (80.00%) Finance
2 5 (50.00%) Oracle
2 5 (50.00%) Unix
2 5 (50.00%) XBRL
2 5 (50.00%) Banking
3 4 (40.00%) Market Risk
3 4 (40.00%) Investment Banking
3 4 (40.00%) Linux
4 3 (30.00%) IFRS
5 2 (20.00%) Basel III
5 2 (20.00%) CRD IV
5 2 (20.00%) FINREP
5 2 (20.00%) GAAP
5 2 (20.00%) Stakeholder Management
5 2 (20.00%) Foreign Exchange (FX)
5 2 (20.00%) Equities
6 1 (10.00%) Agile Software Development
6 1 (10.00%) Java
6 1 (10.00%) Stress Testing
6 1 (10.00%) Test Scripting
6 1 (10.00%) Business Analysis
6 1 (10.00%) Degree
6 1 (10.00%) Computer Science
6 1 (10.00%) Shell Script
6 1 (10.00%) Basel II
6 1 (10.00%) Sybase
6 1 (10.00%) Analytical Skills
6 1 (10.00%) Oracle Database
6 1 (10.00%) SDLC
6 1 (10.00%) IFRS 9

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:

Database & Business Intelligence
1 1 (10.00%) Oracle Database
General
1 8 (80.00%) Finance
2 5 (50.00%) Banking
3 4 (40.00%) Investment Banking
Job Titles
1 5 (50.00%) Developer
2 4 (40.00%) Senior Developer
3 3 (30.00%) Analyst
4 2 (20.00%) Business Analyst
4 2 (20.00%) Regulatory Business Analyst
4 2 (20.00%) Report Specialist
5 1 (10.00%) Banking Analyst
5 1 (10.00%) Financial Analyst
5 1 (10.00%) Report Analyst
5 1 (10.00%) Senior Analyst
5 1 (10.00%) Senior Financial Analyst
5 1 (10.00%) Senior Reporting Analyst
5 1 (10.00%) Senior Solutions Analyst
5 1 (10.00%) Solutions Analyst
Libraries, Frameworks & Software Standards
1 5 (50.00%) XBRL
Miscellaneous
1 4 (40.00%) Market Risk
2 2 (20.00%) Equities
2 2 (20.00%) Foreign Exchange (FX)
3 1 (10.00%) Analytical Skills
3 1 (10.00%) Computer Science
Operating Systems
1 5 (50.00%) Unix
2 4 (40.00%) Linux
Processes & Methodologies
1 2 (20.00%) Stakeholder Management
2 1 (10.00%) Agile Software Development
2 1 (10.00%) Business Analysis
2 1 (10.00%) SDLC
2 1 (10.00%) Stress Testing
2 1 (10.00%) Test Scripting
Programming Languages
1 1 (10.00%) Java
1 1 (10.00%) Shell Script
Qualifications
1 1 (10.00%) Computer Science Degree
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 3 (30.00%) IFRS
2 2 (20.00%) Basel III
2 2 (20.00%) CRD IV
2 2 (20.00%) FINREP
2 2 (20.00%) GAAP
3 1 (10.00%) Basel II
3 1 (10.00%) IFRS 9
Vendors
1 5 (50.00%) Oracle
2 1 (10.00%) Sybase
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 days ago