Period
to 10 August 2020

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 10 August 2020 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.

International Financial Reporting Standards (IFRS)
UK > England
6 months to
10 Aug 2020
Same period 2019 Same period 2018
Rank 476 724 764
Rank change year-on-year +248 +40 -49
Contract jobs citing IFRS 39 92 102
As % of all contract jobs advertised in England 0.13% 0.11% 0.11%
As % of the Quality Assurance & Compliance category 1.21% 1.08% 0.95%
Number of daily rates quoted 20 61 62
Median daily rate £475 £550 £550
Median daily rate % change year-on-year -13.64% - +15.79%
10th Percentile £350 £413 £385
90th Percentile £539 £775 £724
UK median daily rate £475 £550 £550
% change year-on-year -13.64% - +15.79%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK median hourly rate - - -

IFRS 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 3,214 8,543 10,734
As % of all contract IT jobs advertised in England 10.35% 10.21% 11.37%
Number of daily rates quoted 1,896 5,344 6,851
Median daily rate £464 £450 £450
Median daily rate % change year-on-year +3.06% - -
10th Percentile £258 £235 £256
90th Percentile £645 £638 £638
UK median daily rate £458 £450 £450
% change year-on-year +1.67% - +0.56%
Number of hourly rates quoted 162 380 347
Median hourly rate £27.09 £22.18 £25.00
Median hourly rate % change year-on-year +22.14% -11.29% +25.00%
10th Percentile £12.05 £10.80 £11.25
90th Percentile £52.46 £55.10 £53.15
Median hourly rate £26.50 £22.00 £23.25
% change year-on-year +20.45% -5.38% +6.16%

IFRS
Job Vacancy Trend in England

Job postings citing IFRS as a proportion of all IT jobs advertised in England.

Job vacancy trend for IFRS in England

IFRS
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing IFRS in England.

Daily rate trend for IFRS in England

IFRS
Daily Rate Histogram in England

Daily rate distribution for jobs citing IFRS in England over the 6 months to 10 August 2020.

Daily rate histogram for IFRS in England

IFRS
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing IFRS in England.

Hourly rate trend for IFRS in England

IFRS
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 IFRS within the England region over the 6 months to 10 August 2020. 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 +172 21 £400 -27.27% 14
South East +174 14 £500 -20.00%
North of England +115 3 £525 -8.70% 2
North West +81 2 £525 -25.00% 1
South West +91 1 - -
North East - 1 - -
IFRS
UK

For the 6 months to 10 August 2020, IT contractor jobs citing IFRS 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 England region with a requirement for IFRS.

1 32 (82.05%) Finance
2 14 (35.90%) SAP
3 10 (25.64%) SQL
4 9 (23.08%) Banking
5 8 (20.51%) Data Modelling
6 7 (17.95%) ABAP
6 7 (17.95%) IFRS 9
7 6 (15.38%) Stakeholder Management
7 6 (15.38%) Agile Software Development
8 5 (12.82%) Validation
9 4 (10.26%) Microsoft Excel
9 4 (10.26%) Solvency II
9 4 (10.26%) SAP HANA
9 4 (10.26%) Data Governance
9 4 (10.26%) SAP S/4HANA
9 4 (10.26%) Analytics
10 3 (7.69%) Credit Risk Modelling
10 3 (7.69%) Test Scripting
10 3 (7.69%) General Ledger
10 3 (7.69%) Data Analysis
10 3 (7.69%) Technical Architecture
10 3 (7.69%) Degree
10 3 (7.69%) QlikView
10 3 (7.69%) Credit Risk
10 3 (7.69%) User Acceptance Testing
10 3 (7.69%) XML
10 3 (7.69%) SAS
10 3 (7.69%) Business Intelligence
10 3 (7.69%) Risk Management
11 2 (5.13%) Business Continuity

IFRS
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:

Application Platforms
1 3 (7.69%) SAS
2 1 (2.56%) Apache Spark
2 1 (2.56%) Confluence
Applications
1 4 (10.26%) Microsoft Excel
2 1 (2.56%) Microsoft Office
2 1 (2.56%) Microsoft PowerPoint
2 1 (2.56%) MS Visio
Business Applications
1 4 (10.26%) SAP S/4HANA
2 1 (2.56%) Loan IQ
2 1 (2.56%) Misys Opics
2 1 (2.56%) Oracle Financials
2 1 (2.56%) SAP Oil and Gas
Cloud Services
1 1 (2.56%) AWS
1 1 (2.56%) Office 365
Database & Business Intelligence
1 4 (10.26%) SAP HANA
2 3 (7.69%) QlikView
3 2 (5.13%) Crystal Reports
3 2 (5.13%) Data Mining
3 2 (5.13%) Relational Database
3 2 (5.13%) SAP BW
3 2 (5.13%) SQL Server
4 1 (2.56%) Apache Hive
4 1 (2.56%) Big Data
4 1 (2.56%) Data Lake
4 1 (2.56%) Data Warehouse
4 1 (2.56%) Hadoop
4 1 (2.56%) MS Access
4 1 (2.56%) Snowflake Schema
4 1 (2.56%) Spark SQL
Development Applications
1 1 (2.56%) Git (software)
1 1 (2.56%) Gradle
1 1 (2.56%) IBM UrbanCode
1 1 (2.56%) Jenkins
1 1 (2.56%) JIRA
1 1 (2.56%) Maven
1 1 (2.56%) Sonatype Nexus
1 1 (2.56%) Toad
General
1 32 (82.05%) Finance
2 9 (23.08%) Banking
3 3 (7.69%) General Ledger
4 1 (2.56%) Front Office
4 1 (2.56%) Investment Banking
4 1 (2.56%) Legal
4 1 (2.56%) Public Sector
4 1 (2.56%) Retail
4 1 (2.56%) Telecoms
Job Titles
1 10 (25.64%) Consultant
2 9 (23.08%) Analyst
2 9 (23.08%) SAP Consultant
3 7 (17.95%) Business Analyst
4 5 (12.82%) Architect
4 5 (12.82%) SAP Technical Consultant
4 5 (12.82%) Technical Consultant
5 3 (7.69%) Data Analyst
5 3 (7.69%) Data Architect
5 3 (7.69%) Lead Architect
5 3 (7.69%) Test Manager
6 2 (5.13%) Financial Analyst
6 2 (5.13%) Functional Consultant
6 2 (5.13%) Lead Data Architect
6 2 (5.13%) Project Manager
6 2 (5.13%) SAP Analyst
6 2 (5.13%) SAP Business Analyst
6 2 (5.13%) SAP Functional Consultant
6 2 (5.13%) Senior Manager
6 2 (5.13%) Senior Test Manager
Libraries, Frameworks & Software Standards
1 3 (7.69%) XML
Miscellaneous
1 3 (7.69%) Credit Risk
2 2 (5.13%) Analytical Skills
2 2 (5.13%) Self-Motivation
3 1 (2.56%) Derivative
3 1 (2.56%) Greenfield Project
3 1 (2.56%) Management Information System
3 1 (2.56%) Reinsurance
Operating Systems
1 1 (2.56%) Linux
Processes & Methodologies
1 8 (20.51%) Data Modelling
2 6 (15.38%) Agile Software Development
2 6 (15.38%) Stakeholder Management
3 5 (12.82%) Validation
4 4 (10.26%) Analytics
4 4 (10.26%) Data Governance
5 3 (7.69%) Business Intelligence
5 3 (7.69%) Credit Risk Modelling
5 3 (7.69%) Data Analysis
5 3 (7.69%) Risk Management
5 3 (7.69%) Technical Architecture
5 3 (7.69%) Test Scripting
5 3 (7.69%) User Acceptance Testing
6 2 (5.13%) Change Management
6 2 (5.13%) Data Cleansing
6 2 (5.13%) Data Validation
6 2 (5.13%) ETL
6 2 (5.13%) Regression Testing
6 2 (5.13%) Stress Testing
6 2 (5.13%) System Testing
Programming Languages
1 10 (25.64%) SQL
2 7 (17.95%) ABAP
3 1 (2.56%) Elm
3 1 (2.56%) Haskell
3 1 (2.56%) Scala
3 1 (2.56%) VBA
Qualifications
1 3 (7.69%) Degree
2 2 (5.13%) ACCA
2 2 (5.13%) CIMA
3 1 (2.56%) PMI Certification
3 1 (2.56%) PMP
3 1 (2.56%) Security Cleared
Quality Assurance & Compliance
1 7 (17.95%) IFRS 9
2 4 (10.26%) Solvency II
3 2 (5.13%) GAAP
3 2 (5.13%) GDPR
3 2 (5.13%) Sarbanes-Oxley
4 1 (2.56%) CRD IV
4 1 (2.56%) Data Quality
4 1 (2.56%) QA
4 1 (2.56%) SLA
Vendors
1 14 (35.90%) SAP
2 1 (2.56%) Ab Initio
2 1 (2.56%) Hyperion
2 1 (2.56%) Informatica
2 1 (2.56%) Microsoft
2 1 (2.56%) Murex
2 1 (2.56%) Oracle