Period
to 19 January 2018

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 19 January 2018 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
19 Jan 2018
Same period 2017 Same period 2016
Rank 620 590 578
Rank change year-on-year -30 -12 -12
Contract jobs citing COREP 8 4 20
As % of all contract IT jobs advertised in London 0.017% 0.010% 0.045%
As % of the Quality Assurance & Compliance category 0.13% 0.082% 0.38%
Number of daily rates quoted 7 3 16
London median daily rate £550 £600 £581
Median daily rate % change year-on-year -8.33% +3.23% +1.09%
10th Percentile £494 £570 £459
90th Percentile £624 £770 £638
England median daily rate £550 £600 £563
% change year-on-year -8.33% +6.67% +2.27%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 6,081 4,895 5,227
As % of all contract IT jobs advertised in London 13.09% 11.69% 11.82%
Number of daily rates quoted 4,351 3,413 3,533
London median daily rate £488 £463 £450
Median daily rate % change year-on-year +5.41% +2.78% +5.88%
10th Percentile £305 £275 £263
90th Percentile £675 £650 £625
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 77 70 66
London median hourly rate £19.00 £22.50 £22.00
Median hourly rate % change year-on-year -15.56% +2.27% +15.79%
10th Percentile £12.70 £12.14 £12.00
90th Percentile £57.50 £47.53 £51.25
England median hourly rate £20.60 £23.34 £24.23
% change year-on-year -11.74% -3.67% +21.15%

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
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 19 January 2018. 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
Central London - 1 £615 - 1
COREP
England

For the 6 months to 19 January 2018, 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 6 (75.00%) Finance
1 6 (75.00%) Business Analysis
2 5 (62.50%) FINREP
2 5 (62.50%) SQL
3 4 (50.00%) Banking
3 4 (50.00%) Data Analysis
4 3 (37.50%) Investment Banking
4 3 (37.50%) Credit Risk
4 3 (37.50%) Oracle
4 3 (37.50%) Stakeholder Management
5 2 (25.00%) Translating Business Requirements
5 2 (25.00%) Regulatory Compliance
5 2 (25.00%) IT Strategy
5 2 (25.00%) Migration
5 2 (25.00%) PL/SQL
5 2 (25.00%) Front Office
5 2 (25.00%) SQL Server
5 2 (25.00%) XML
5 2 (25.00%) Microsoft Excel
5 2 (25.00%) Project Management
5 2 (25.00%) Basel II
5 2 (25.00%) Market Risk
5 2 (25.00%) User Acceptance Testing
5 2 (25.00%) Stress Testing
5 2 (25.00%) Security Testing
5 2 (25.00%) Basel III
5 2 (25.00%) Analytics
5 2 (25.00%) CRD IV
5 2 (25.00%) Project Planning
5 2 (25.00%) JIRA

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:

Applications
1 2 (25.00%) Microsoft Excel
Database & Business Intelligence
1 2 (25.00%) SQL Server
Development Applications
1 2 (25.00%) JIRA
General
1 6 (75.00%) Finance
2 4 (50.00%) Banking
3 3 (37.50%) Investment Banking
4 2 (25.00%) Front Office
Job Titles
1 8 (100.00%) Analyst
1 8 (100.00%) Business Analyst
2 3 (37.50%) Regulatory Business Analyst
3 2 (25.00%) Regulatory Reporting Business Analyst
3 2 (25.00%) Report Analyst
4 1 (12.50%) Banking Analyst
4 1 (12.50%) Business Data Analyst
4 1 (12.50%) Data Analyst
4 1 (12.50%) Data Business Analyst
4 1 (12.50%) Investment Banking Business Analyst
4 1 (12.50%) Senior Analyst
4 1 (12.50%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 2 (25.00%) XML
Miscellaneous
1 3 (37.50%) Credit Risk
2 2 (25.00%) Market Risk
3 1 (12.50%) Equities
3 1 (12.50%) Foreign Exchange (FX)
Processes & Methodologies
1 6 (75.00%) Business Analysis
2 4 (50.00%) Data Analysis
3 3 (37.50%) Stakeholder Management
4 2 (25.00%) Analytics
4 2 (25.00%) IT Strategy
4 2 (25.00%) Migration
4 2 (25.00%) Project Management
4 2 (25.00%) Project Planning
4 2 (25.00%) Regulatory Compliance
4 2 (25.00%) Security Testing
4 2 (25.00%) Stress Testing
4 2 (25.00%) Translating Business Requirements
4 2 (25.00%) User Acceptance Testing
5 1 (12.50%) Agile Software Development
5 1 (12.50%) Prototyping
5 1 (12.50%) Target Operating Model
5 1 (12.50%) Validation
5 1 (12.50%) Waterfall
Programming Languages
1 5 (62.50%) SQL
2 2 (25.00%) PL/SQL
Quality Assurance & Compliance
1 5 (62.50%) FINREP
2 2 (25.00%) Basel II
2 2 (25.00%) Basel III
2 2 (25.00%) CRD IV
Vendors
1 3 (37.50%) Oracle