The median contractor rate for a Functional Analyst was £415 per day in advertised job vacancies in London during the 3 months to 24 June 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Functional Analyst
England / London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 386 405 397
Rank change year-on-year +19 -8  
Contract jobs requiring a Functional Analyst 26 23 25
As % of all contract IT jobs advertised in London 0.13% 0.11% 0.11%
As % of the Job Titles category 0.13% 0.11% 0.11%
Number of daily rates quoted 22 11 14
Median daily rate £415 £440 £425
Median daily rate % change year-on-year -5.68% +3.52%  
90% offered a daily rate of more than £303 £275 £176
10% offered a daily rate of more than £523 £550 £484
UK excluding London median daily rate £450 £340 £338
% change year-on-year +32.35% +0.74%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £43.00 -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19396 20655 22146
As % of all contract IT job vacancies advertised in London 94.88% 95.29% 94.65%
Number of daily rates quoted 13838 14981 15430
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £601
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 242 228 376
Median hourly rate £19.82 £17.94 £18.70
Median hourly rate % change year-on-year +10.46% -4.05%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.83 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Functional Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Functional Analyst in the job title.

Job vacancy trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Functional Analyst in London over the 3 months to 24 June 2017.

Contractor daily rate histogram for Functional Analyst in London

Functional Analyst
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Functional Analyst in London.

Contractor hourly rate trend for Functional Analyst in London

Functional Analyst
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 Functional Analyst within the London region over the 3 months to 24 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
City of London +2 7 £420 -13.84% 1
Functional Analyst
England

Functional Analyst Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 24 June 2017, Functional Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Functional Analyst in the job title.

1 13 (34.21%) Finance
2 10 (26.32%) SQL
2 10 (26.32%) Banking
3 8 (21.05%) Oracle
4 7 (18.42%) Analytical Skills
5 6 (15.79%) SAP
6 5 (13.16%) ETL
6 5 (13.16%) Functional Testing
7 4 (10.53%) Analytics
7 4 (10.53%) Agile Software Development
7 4 (10.53%) Oracle EBS R12
7 4 (10.53%) Workflow
7 4 (10.53%) XML
7 4 (10.53%) QA
7 4 (10.53%) Test Scripting
7 4 (10.53%) Retail
7 4 (10.53%) Asset Management
7 4 (10.53%) Investment Banking
8 3 (7.89%) Business Analysis
8 3 (7.89%) Migration
8 3 (7.89%) SAP HCM
8 3 (7.89%) User Acceptance Testing
8 3 (7.89%) Data Migration
8 3 (7.89%) JIRA
8 3 (7.89%) Degree
8 3 (7.89%) MiFID
8 3 (7.89%) Microsoft
8 3 (7.89%) ERP
8 3 (7.89%) Legal
8 3 (7.89%) Oracle EBS

Functional Analyst Skill Set
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:

Application Platforms
1 2 (5.26%) Apache
1 2 (5.26%) Confluence
1 2 (5.26%) JBoss
1 2 (5.26%) WebLogic
1 2 (5.26%) WebSphere
2 1 (2.63%) Adobe Experience Manager
2 1 (2.63%) CMS
2 1 (2.63%) Oracle Workflow
2 1 (2.63%) Tomcat
Applications
1 1 (2.63%) Microsoft Office
Business Applications
1 4 (10.53%) Oracle EBS R12
2 3 (7.89%) Oracle EBS
2 3 (7.89%) SAP HCM
2 3 (7.89%) SAP HR
3 2 (5.26%) Dynamics AX
3 2 (5.26%) Minerva
3 2 (5.26%) Oracle FAH
3 2 (5.26%) Oracle Financials
3 2 (5.26%) Oracle Payables
3 2 (5.26%) Oracle Receivables
3 2 (5.26%) SAP S/4HANA
3 2 (5.26%) SimCorp Dimension
4 1 (2.63%) Misys Midas
4 1 (2.63%) Oracle Assets
4 1 (2.63%) Oracle BPM
4 1 (2.63%) Oracle E-Business Tax
4 1 (2.63%) Oracle General Ledger
4 1 (2.63%) Oracle Internet Expenses
4 1 (2.63%) Oracle Procure-to-Pay
4 1 (2.63%) Sage 50
Cloud Services
1 1 (2.63%) Force.com
1 1 (2.63%) Google Analytics
1 1 (2.63%) PaaS
1 1 (2.63%) SaaS
1 1 (2.63%) Sage Pay
Communications & Networking
1 2 (5.26%) FIX Connectivity
1 2 (5.26%) HTTP
2 1 (2.63%) ATM
Database & Business Intelligence
1 2 (5.26%) Big Data
1 2 (5.26%) Data Warehouse
1 2 (5.26%) NoSQL
1 2 (5.26%) Power BI
1 2 (5.26%) QlikView
1 2 (5.26%) SQL Server
1 2 (5.26%) SQLPlus
2 1 (2.63%) SQL Server Reporting Services
Development Applications
1 3 (7.89%) JIRA
2 2 (5.26%) Oracle APEX
General
1 13 (34.21%) Finance
2 10 (26.32%) Banking
3 4 (10.53%) Investment Banking
3 4 (10.53%) Retail
4 3 (7.89%) Legal
5 2 (5.26%) Billing
6 1 (2.63%) Advertising
6 1 (2.63%) Front Office
6 1 (2.63%) General Ledger
6 1 (2.63%) Marketing
6 1 (2.63%) Retail Banking
Libraries, Frameworks & Software Standards
1 4 (10.53%) XML
2 2 (5.26%) AngularJS
2 2 (5.26%) GWT
2 2 (5.26%) HTML
2 2 (5.26%) HTML5
2 2 (5.26%) J2EE
2 2 (5.26%) Visualforce
2 2 (5.26%) XML Schema
2 2 (5.26%) XSLT
3 1 (2.63%) Oracle Fusion
Miscellaneous
1 7 (18.42%) Analytical Skills
2 2 (5.26%) User Experience
3 1 (2.63%) APACS
3 1 (2.63%) Chip and PIN
3 1 (2.63%) Computer Science
3 1 (2.63%) Credit Risk
3 1 (2.63%) EFT
3 1 (2.63%) EFTPOS
3 1 (2.63%) EMV
3 1 (2.63%) EPoS
3 1 (2.63%) Greenfield Project
3 1 (2.63%) Management Information System
3 1 (2.63%) Smartcard
3 1 (2.63%) Virtual Team
Processes & Methodologies
1 5 (13.16%) ETL
1 5 (13.16%) Functional Testing
2 4 (10.53%) Agile Software Development
2 4 (10.53%) Analytics
2 4 (10.53%) Asset Management
2 4 (10.53%) Test Scripting
2 4 (10.53%) Workflow
3 3 (7.89%) Business Analysis
3 3 (7.89%) Data Migration
3 3 (7.89%) ERP
3 3 (7.89%) GAP Analysis
3 3 (7.89%) Migration
3 3 (7.89%) User Acceptance Testing
4 2 (5.26%) Business Intelligence
4 2 (5.26%) CRM
4 2 (5.26%) E-Commerce
4 2 (5.26%) Integration Testing
4 2 (5.26%) Investment Management
4 2 (5.26%) System Testing
4 2 (5.26%) Test Automation
Programming Languages
1 10 (26.32%) SQL
2 2 (5.26%) Apex Code
2 2 (5.26%) C++
2 2 (5.26%) Java
2 2 (5.26%) JavaScript
2 2 (5.26%) PL/SQL
3 1 (2.63%) X++
Qualifications
1 3 (7.89%) Degree
2 2 (5.26%) PMI Certification
2 2 (5.26%) PMP
3 1 (2.63%) ISTQB
Quality Assurance & Compliance
1 4 (10.53%) QA
2 3 (7.89%) MiFID
3 1 (2.63%) ISO 8583
3 1 (2.63%) SLA
System Software
1 1 (2.63%) Docker
Vendors
1 8 (21.05%) Oracle
2 6 (15.79%) SAP
3 3 (7.89%) Microsoft
4 2 (5.26%) Fidessa
4 2 (5.26%) IBM
4 2 (5.26%) Sage
4 2 (5.26%) Salesforce.com
4 2 (5.26%) SimCorp
4 2 (5.26%) Tableau
5 1 (2.63%) Elavon
5 1 (2.63%) Google
5 1 (2.63%) Ingenico
5 1 (2.63%) Kofax
5 1 (2.63%) Pega
5 1 (2.63%) Thales
5 1 (2.63%) TSYS
5 1 (2.63%) VeriFone
5 1 (2.63%) VocaLink
5 1 (2.63%) Wincor Nixdorf
5 1 (2.63%) WorldPay