The following table provides summary statistics for contract job vacancies advertised in London 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 29 April 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)
England / London
3 months to
29 Apr 2017
Same period 2016 Same period 2015
Rank 410 430 406
Rank change year-on-year +20 -24  
Contract jobs citing COREP 4 8 18
As % of all contract IT jobs advertised in London 0.019% 0.035% 0.080%
As % of the Quality Assurance & Compliance category 0.16% 0.32% 0.74%
Number of daily rates quoted 3 7 15
Median daily rate £550 £675 £550
Median daily rate % change year-on-year -18.51% +22.72%  
90% offered a daily rate of more than £470 £565 £443
10% offered a daily rate of more than £590 £675 £700
UK excluding London median daily rate - £455 £550
% change year-on-year - -17.31%  
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 London with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
London
Contract job vacancies with a requirement for quality assurance and compliance skills 2441 2463 2447
As % of all contract IT job vacancies advertised in London 11.86% 10.69% 10.91%
Number of daily rates quoted 1736 1770 1710
Median daily rate £500 £450 £450
Median daily rate % change year-on-year +11.11% -  
90% offered a daily rate of more than £325 £280 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 24 25 19
Median hourly rate £18.00 £22.00 £20.25
Median hourly rate % change year-on-year -18.18% +8.64%  
90% offered a hourly rate of more than £13.35 £14.50 £12.20
10% offered a hourly rate of more than £62.00 £29.50 £113.00
UK excluding London median hourly rate £24.00 £33.00 £29.00
% change year-on-year -27.27% +13.79%  

COREP
Job Vacancy Trend in London

The job posting trend of jobs advertised in London 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 London

COREP
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for COREP in London

COREP
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing COREP in London over the 3 months to 29 April 2017.

Contractor daily rate histogram for COREP in London

For the 6 months to 29 April 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 London region with a requirement for COREP.

1 4 (66.67%) Finance
1 4 (66.67%) Banking
1 4 (66.67%) IFRS
2 2 (33.33%) IFRS 9
2 2 (33.33%) CRD IV
2 2 (33.33%) Stress Testing
2 2 (33.33%) Basel III
2 2 (33.33%) Investment Banking
2 2 (33.33%) Equities
2 2 (33.33%) Business Analysis
2 2 (33.33%) Foreign Exchange (FX)
2 2 (33.33%) GAAP
3 1 (16.67%) Shell Script
3 1 (16.67%) Basel II
3 1 (16.67%) C#
3 1 (16.67%) Java
3 1 (16.67%) Oracle
3 1 (16.67%) SQL Server
3 1 (16.67%) Sybase
3 1 (16.67%) XML
3 1 (16.67%) Unix
3 1 (16.67%) Data Warehouse
3 1 (16.67%) ETL
3 1 (16.67%) Microsoft
3 1 (16.67%) XBRL
3 1 (16.67%) Degree
3 1 (16.67%) Computer Science
3 1 (16.67%) Credit Risk
3 1 (16.67%) User Acceptance Testing
3 1 (16.67%) Agile Software Development

COREP
Co-occurring IT Skills in 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:

Database & Business Intelligence
1 1 (16.67%) Data Mart
1 1 (16.67%) Data Warehouse
1 1 (16.67%) Oracle Database
1 1 (16.67%) SQL Server
General
1 4 (66.67%) Banking
1 4 (66.67%) Finance
2 2 (33.33%) Investment Banking
Job Titles
1 2 (33.33%) Analyst
1 2 (33.33%) Developer
1 2 (33.33%) Report Specialist
2 1 (16.67%) Banking Analyst
2 1 (16.67%) Business Analyst
2 1 (16.67%) Financial Analyst
2 1 (16.67%) Report Analyst
2 1 (16.67%) Senior Analyst
2 1 (16.67%) Senior Financial Analyst
2 1 (16.67%) Senior Reporting Analyst
2 1 (16.67%) Senior Solutions Analyst
2 1 (16.67%) Solutions Analyst
2 1 (16.67%) SQL Developer
2 1 (16.67%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 1 (16.67%) XBRL
1 1 (16.67%) XML
Miscellaneous
1 2 (33.33%) Equities
1 2 (33.33%) Foreign Exchange (FX)
2 1 (16.67%) Analytical Skills
2 1 (16.67%) Computer Science
2 1 (16.67%) Credit Risk
2 1 (16.67%) Fintech
Operating Systems
1 1 (16.67%) Unix
Processes & Methodologies
1 2 (33.33%) Business Analysis
1 2 (33.33%) Stress Testing
2 1 (16.67%) Agile Software Development
2 1 (16.67%) ETL
2 1 (16.67%) Programme Governance
2 1 (16.67%) SDLC
2 1 (16.67%) Target Operating Model
2 1 (16.67%) Test Scripting
2 1 (16.67%) User Acceptance Testing
Programming Languages
1 1 (16.67%) C#
1 1 (16.67%) Java
1 1 (16.67%) Shell Script
Qualifications
1 1 (16.67%) Degree
Quality Assurance & Compliance
1 4 (66.67%) IFRS
2 2 (33.33%) Basel III
2 2 (33.33%) CRD IV
2 2 (33.33%) GAAP
2 2 (33.33%) IFRS 9
3 1 (16.67%) Basel II
3 1 (16.67%) FINREP
Vendors
1 1 (16.67%) Microsoft
1 1 (16.67%) Oracle
1 1 (16.67%) Sybase
City, London
McGregor Boyall
Posted: 3 days ago
London
McGregor Boyall
Posted: 4 days ago