Period
to 12 December 2018

The median contractor rate for a Payments Tester was £300 per day in advertised job vacancies in London during the 6 months to 12 December 2018.

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.

Payments Tester
England > London
6 months to
12 Dec 2018
Same period 2017 Same period 2016
Rank 622 634 616
Rank change year-on-year +12 -18 -15
Contract jobs requiring a Payments Tester 10 1 4
As % of all contract IT jobs advertised in London 0.021% 0.002% 0.009%
As % of the Job Titles category 0.022% 0.002% 0.009%
Number of daily rates quoted 6 1 1
London median daily rate £300 £400 £320
Median daily rate % change year-on-year -25.00% +25.00% -20.00%
England median daily rate £300 £400 £320
% change year-on-year -25.00% +25.00% -1.16%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 44,574 45,155 42,438
% of contract IT jobs with a recognized job title 94.74% 94.95% 94.94%
Number of daily rates quoted 32,215 32,776 30,150
London median daily rate £500 £500 £463
Median daily rate % change year-on-year - +8.11% +2.78%
10th Percentile £313 £300 £294
90th Percentile £675 £663 £638
England median daily rate £460 £450 £425
% change year-on-year +2.22% +5.88% +3.03%
Number of hourly rates quoted 603 556 574
London median hourly rate £20.00 £20.00 £19.23
Median hourly rate % change year-on-year - +4.00% +1.13%
10th Percentile £12.55 £12.00 £11.27
90th Percentile £53.75 £47.83 £50.00
England median hourly rate £18.50 £18.70 £18.00
% change year-on-year -1.07% +3.89% -

Payments Tester
Job Vacancy Trend in London

Job postings that featured Payments Tester in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Payments Tester in London

Payments Tester
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Payments Tester in London

Payments Tester
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Payments Tester in London over the 6 months to 12 December 2018.

Contractor daily rate histogram for Payments Tester in London

Payments Tester
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 Tester within the London region over the 6 months to 12 December 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 -12 9 £300 -25.00%
Payments Tester
England

Payments Tester Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 12 December 2018, Payments Tester contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Payments Tester in the job title.

1 10 (100.00%) QA
2 9 (90.00%) Test Scripting
2 9 (90.00%) HP Quality Center
2 9 (90.00%) SWIFT
2 9 (90.00%) SEPA
3 6 (60.00%) Scenario Testing
4 5 (50.00%) FIS
4 5 (50.00%) Defect Management
4 5 (50.00%) Functional Testing
4 5 (50.00%) Team Foundation Server
4 5 (50.00%) TestDirector
4 5 (50.00%) EDIFACT
4 5 (50.00%) Finance
4 5 (50.00%) PACS
4 5 (50.00%) JIRA
5 4 (40.00%) Banking
5 4 (40.00%) Validation
5 4 (40.00%) HP
5 4 (40.00%) Analytical Skills
5 4 (40.00%) API Development
5 4 (40.00%) API Testing
5 4 (40.00%) TARGET2
5 4 (40.00%) REST
5 4 (40.00%) Integration Testing
5 4 (40.00%) PSD2
6 2 (20.00%) Financial Institution
7 1 (10.00%) Regression Testing
7 1 (10.00%) Software Engineering
7 1 (10.00%) Agile Software Development
7 1 (10.00%) Test Automation

Payments Tester 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:

Development Applications
1 5 (50.00%) JIRA
1 5 (50.00%) Team Foundation Server
1 5 (50.00%) TestDirector
General
1 5 (50.00%) Finance
2 4 (40.00%) Banking
3 2 (20.00%) Financial Institution
Libraries, Frameworks & Software Standards
1 5 (50.00%) EDIFACT
2 4 (40.00%) REST
Miscellaneous
1 9 (90.00%) SWIFT
2 5 (50.00%) PACS
3 4 (40.00%) Analytical Skills
4 1 (10.00%) Fintech
Processes & Methodologies
1 9 (90.00%) Test Scripting
2 6 (60.00%) Scenario Testing
3 5 (50.00%) Defect Management
3 5 (50.00%) Functional Testing
4 4 (40.00%) API Development
4 4 (40.00%) API Testing
4 4 (40.00%) Integration Testing
4 4 (40.00%) Validation
5 1 (10.00%) Agile Software Development
5 1 (10.00%) Creative Thinking
5 1 (10.00%) Manual Testing
5 1 (10.00%) Regression Testing
5 1 (10.00%) Smoke Testing
5 1 (10.00%) Software Engineering
5 1 (10.00%) Test Automation
5 1 (10.00%) User Acceptance Testing
Quality Assurance & Compliance
1 10 (100.00%) QA
2 9 (90.00%) SEPA
3 4 (40.00%) PSD2
3 4 (40.00%) TARGET2
Systems Management
1 9 (90.00%) HP Quality Center
Vendors
1 5 (50.00%) FIS
2 4 (40.00%) HP
3 1 (10.00%) CA Agile Central