The median contractor rate for a Payments Business Analyst was £525 per day in advertised job vacancies in London during the 3 months to 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Payments
England / London
Rank 372 412 387
Rank change year-on-year +40 -25  
Contract jobs requiring a Payments Business Analyst 26 19 28
As % of all contract IT jobs advertised in London 0.13% 0.086% 0.13%
As % of the Job Titles category 0.14% 0.090% 0.14%
Number of daily rates quoted 20 17 21
Median daily rate £525 £464 £425
Median daily rate % change year-on-year +13.14% +9.17%  
90% offered a daily rate of more than £472 £373 £375
10% offered a daily rate of more than £603 £650 £473
UK excluding London median daily rate £425 £400 £414
% change year-on-year +6.25% -3.32%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
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 18357 21038 20420
As % of all contract IT job vacancies advertised in London 94.81% 95.01% 94.91%
Number of daily rates quoted 13065 15076 14090
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £301 £300 £275
10% offered a daily rate of more than £640 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 239 283 378
Median hourly rate £22.50 £17.00 £19.00
Median hourly rate % change year-on-year +32.35% -10.52%  
90% offered a hourly rate of more than £13.70 £11.50 £12.50
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Payments Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Payments Business Analyst in London

Payments Business Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Payments Business Analyst in London

Payments Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Payments Business Analyst in London over the 3 months to 27 March 2017.

Contractor daily rate histogram for Payments Business Analyst in London

Payments Business 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 Payments Business Analyst within the London region over the 3 months to 27 March 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 +5 3 £525 -8.69% 1
Payments Business Analyst
England

Payments Business Analyst Skill Set
Top 30 Related IT Skills in London

For the 6 months to 27 March 2017, Payments Business 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 Payments Business Analyst in the job title.

1 20 (50.00%) Finance
1 20 (50.00%) Business Analysis
2 16 (40.00%) Banking
3 9 (22.50%) Retail
3 9 (22.50%) SWIFT
3 9 (22.50%) SEPA
4 8 (20.00%) Agile Software Development
5 6 (15.00%) Enterprise Architecture
6 5 (12.50%) ISO20022
6 5 (12.50%) Scrum
7 4 (10.00%) Management Information System
7 4 (10.00%) E-Commerce
7 4 (10.00%) Velocity
7 4 (10.00%) Test Scripting
8 3 (7.50%) WorldPay
8 3 (7.50%) MS Visio
8 3 (7.50%) Foreign Exchange (FX)
8 3 (7.50%) GAP Analysis
9 2 (5.00%) Stakeholder Management
9 2 (5.00%) ISO 8583
9 2 (5.00%) Change Management
9 2 (5.00%) EFT
9 2 (5.00%) EFTPOS
9 2 (5.00%) Smartcard
9 2 (5.00%) Mobile Commerce
9 2 (5.00%) C
9 2 (5.00%) SQL
9 2 (5.00%) MS Office
9 2 (5.00%) PRINCE2
9 2 (5.00%) Investment Banking

Payments Business Analyst Skill Set
Top Related 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 1 (2.50%) Confluence
Applications
1 3 (7.50%) MS Visio
2 2 (5.00%) MS Office
Cloud Services
1 1 (2.50%) Sage Pay
Communications & Networking
1 1 (2.50%) ATM
Database & Business Intelligence
1 1 (2.50%) Data Warehouse
Development Applications
1 1 (2.50%) JIRA
General
1 20 (50.00%) Finance
2 16 (40.00%) Banking
3 9 (22.50%) Retail
4 2 (5.00%) Investment Banking
4 2 (5.00%) Retail Banking
5 1 (2.50%) Corporate Banking
5 1 (2.50%) Front Office
5 1 (2.50%) Legal
Libraries, Frameworks & Software Standards
1 4 (10.00%) Velocity
Miscellaneous
1 9 (22.50%) SWIFT
2 4 (10.00%) Management Information System
3 3 (7.50%) Foreign Exchange (FX)
4 2 (5.00%) EFT
4 2 (5.00%) EFTPOS
4 2 (5.00%) Smartcard
5 1 (2.50%) Analytical Skills
5 1 (2.50%) APACS
5 1 (2.50%) Chip and PIN
5 1 (2.50%) EMV
5 1 (2.50%) EPoS
5 1 (2.50%) Fintech
5 1 (2.50%) Mobile Payment
5 1 (2.50%) PMI
Processes & Methodologies
1 20 (50.00%) Business Analysis
2 8 (20.00%) Agile Software Development
3 6 (15.00%) Enterprise Architecture
4 5 (12.50%) Scrum
5 4 (10.00%) E-Commerce
5 4 (10.00%) Test Scripting
6 3 (7.50%) GAP Analysis
7 2 (5.00%) Change Management
7 2 (5.00%) Line Management
7 2 (5.00%) Mobile Commerce
7 2 (5.00%) PRINCE2
7 2 (5.00%) SDLC
7 2 (5.00%) Software Delivery
7 2 (5.00%) Stakeholder Management
7 2 (5.00%) Target Operating Model
7 2 (5.00%) Use Case
7 2 (5.00%) Waterfall
8 1 (2.50%) Case Management
8 1 (2.50%) Project Governance
8 1 (2.50%) Stakeholder Engagement
Programming Languages
1 2 (5.00%) C
1 2 (5.00%) SQL
Qualifications
1 1 (2.50%) Degree
1 1 (2.50%) PMI Certification
1 1 (2.50%) PMP
Quality Assurance & Compliance
1 9 (22.50%) SEPA
2 5 (12.50%) ISO20022
3 2 (5.00%) ISO 8583
4 1 (2.50%) Actionable Recommendations
Vendors
1 3 (7.50%) WorldPay
2 2 (5.00%) FIS
2 2 (5.00%) Ingenico
2 2 (5.00%) VeriFone
3 1 (2.50%) Cubic Transportation
3 1 (2.50%) Elavon
3 1 (2.50%) Hypercom
3 1 (2.50%) PayPal
3 1 (2.50%) Sage
3 1 (2.50%) Thales
3 1 (2.50%) TSYS
3 1 (2.50%) VocaLink
3 1 (2.50%) Wincor Nixdorf
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £550 per day + 6 month term initailly
Posted: 3 hours ago