Period
to 23 July 2017

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 6 months to 23 July 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
6 months to
23 Jul 2017
Same period 2016 Same period 2015
Rank 574 583 567
Rank change year-on-year +9 -16 -1
Contract jobs citing COREP 13 20 35
As % of all contract IT jobs advertised in London 0.031% 0.044% 0.076%
As % of the Quality Assurance & Compliance category 0.26% 0.41% 0.66%
Number of daily rates quoted 12 17 29
London median daily rate £575 £675 £550
Median daily rate % change year-on-year -14.81% +22.73% -
10th Percentile £525 £505 £455
90th Percentile £625 £728 £700
England median daily rate £575 £600 £550
% change year-on-year -4.17% +9.09% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 5015 4859 5301
As % of all contract IT job vacancies advertised in London 12.02% 10.71% 11.51%
Number of daily rates quoted 3552 3464 3811
London median daily rate £490 £450 £450
Median daily rate % change year-on-year +8.89% - +5.88%
10th Percentile £300 £263 £256
90th Percentile £675 £638 £625
England median daily rate £450 £415 £400
% change year-on-year +8.43% +3.75% -
Number of hourly rates quoted 61 48 52
London median hourly rate £20.00 £21.50 £20.00
Median hourly rate % change year-on-year -6.98% +7.50% -
10th Percentile £12.88 £13.35 £13.50
90th Percentile £50.00 £43.75 £121.75
England median hourly rate £19.00 £22.50 £21.50
% change year-on-year -15.56% +4.65% +7.50%

COREP
Job Vacancy Trend in London

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

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 6 months to 23 July 2017.

Contractor daily rate histogram for COREP in London

COREP
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing COREP within the London region over the 6 months to 23 July 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
City of London +9 4 £615 +2.50%
COREP
England

For the 6 months to 23 July 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 10 (76.92%) Finance
2 8 (61.54%) Banking
3 6 (46.15%) Investment Banking
4 5 (38.46%) Oracle
4 5 (38.46%) Unix
4 5 (38.46%) XBRL
4 5 (38.46%) FINREP
5 4 (30.77%) Linux
5 4 (30.77%) Stakeholder Management
5 4 (30.77%) Market Risk
6 3 (23.08%) IFRS
7 2 (15.38%) CRD IV
7 2 (15.38%) Basel III
7 2 (15.38%) Equities
7 2 (15.38%) GAAP
7 2 (15.38%) Foreign Exchange (FX)
8 1 (7.69%) Shell Script
8 1 (7.69%) Basel II
8 1 (7.69%) Sybase
8 1 (7.69%) Java
8 1 (7.69%) Agile Software Development
8 1 (7.69%) Stress Testing
8 1 (7.69%) Test Scripting
8 1 (7.69%) Business Analysis
8 1 (7.69%) Degree
8 1 (7.69%) Computer Science
8 1 (7.69%) Credit Risk
8 1 (7.69%) Process Improvement
8 1 (7.69%) Oracle Database
8 1 (7.69%) Data Analysis

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 (7.69%) Oracle Database
General
1 10 (76.92%) Finance
2 8 (61.54%) Banking
3 6 (46.15%) Investment Banking
Job Titles
1 6 (46.15%) Analyst
2 5 (38.46%) Business Analyst
2 5 (38.46%) Developer
3 4 (30.77%) Regulatory Business Analyst
3 4 (30.77%) Senior Developer
4 2 (15.38%) Report Specialist
5 1 (7.69%) Banking Analyst
5 1 (7.69%) Business Data Analyst
5 1 (7.69%) Data Analyst
5 1 (7.69%) Data Business Analyst
5 1 (7.69%) Financial Analyst
5 1 (7.69%) Process Analyst
5 1 (7.69%) Report Analyst
5 1 (7.69%) Senior Analyst
5 1 (7.69%) Senior Financial Analyst
5 1 (7.69%) Senior Reporting Analyst
5 1 (7.69%) Senior Solutions Analyst
5 1 (7.69%) Solutions Analyst
Libraries, Frameworks & Software Standards
1 5 (38.46%) XBRL
Miscellaneous
1 4 (30.77%) Market Risk
2 2 (15.38%) Equities
2 2 (15.38%) Foreign Exchange (FX)
3 1 (7.69%) Analytical Skills
3 1 (7.69%) Computer Science
3 1 (7.69%) Credit Risk
Operating Systems
1 5 (38.46%) Unix
2 4 (30.77%) Linux
Processes & Methodologies
1 4 (30.77%) Stakeholder Management
2 1 (7.69%) Agile Software Development
2 1 (7.69%) Business Analysis
2 1 (7.69%) Data Analysis
2 1 (7.69%) Process Improvement
2 1 (7.69%) Prototyping
2 1 (7.69%) SDLC
2 1 (7.69%) Stress Testing
2 1 (7.69%) Test Scripting
Programming Languages
1 1 (7.69%) Java
1 1 (7.69%) Shell Script
Qualifications
1 1 (7.69%) Computer Science Degree
1 1 (7.69%) Degree
Quality Assurance & Compliance
1 5 (38.46%) FINREP
2 3 (23.08%) IFRS
3 2 (15.38%) Basel III
3 2 (15.38%) CRD IV
3 2 (15.38%) GAAP
4 1 (7.69%) Basel II
4 1 (7.69%) IFRS 9
Vendors
1 5 (38.46%) Oracle
2 1 (7.69%) Sybase