The median contractor rate for a Business Analyst was £425 per day in advertised job vacancies in Somerset 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.

Business Analyst
South West / Somerset
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 35 20 35
Rank change year-on-year -15 +15  
Contract jobs requiring a Business Analyst 1 18 15
As % of all contract IT jobs advertised in Somerset 0.48% 6.79% 4.26%
As % of the Job Titles category 0.50% 6.87% 4.41%
Number of daily rates quoted 1 10 12
Median daily rate £425 £400 £325
Median daily rate % change year-on-year +6.25% +23.07%  
UK excluding London median daily rate £400 £388 £400
% change year-on-year +3.22% -3.12%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £45.00 £46.20 £41.00
% change year-on-year -2.58% +12.67%  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Somerset. 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
Somerset
Contract job vacancies with a job title containing a recognized job role 201 262 340
As % of all contract IT job vacancies advertised in Somerset 96.63% 98.87% 96.59%
Number of daily rates quoted 117 138 213
Median daily rate £350 £410 £350
Median daily rate % change year-on-year -14.63% +17.14%  
90% offered a daily rate of more than £213 £275 £288
10% offered a daily rate of more than £500 £530 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 30 52 23
Median hourly rate £39.50 £42.25 £17.50
Median hourly rate % change year-on-year -6.50% +141.42%  
90% offered a hourly rate of more than £15.78 £17.00 £10.00
10% offered a hourly rate of more than £43.00 £57.00 £45.15
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Business Analyst
Job Vacancy Trend in Somerset

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

Job vacancy trend for Business Analyst in Somerset

Business Analyst
Contractor Daily Rate Trend in Somerset

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

Contractor daily rate trend for Business Analyst in Somerset

Business Analyst
Contractor Hourly Rate Trend in Somerset

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

Contractor hourly rate trend for Business Analyst in Somerset

Business Analyst Skill Set
Top 30 Co-occurring IT Skills in Somerset

For the 6 months to 27 March 2017, 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 Somerset region featuring Business Analyst in the job title.

1 7 (41.18%) Finance
1 7 (41.18%) Business Analysis
2 6 (35.29%) Agile Software Development
2 6 (35.29%) PRINCE2
2 6 (35.29%) Business Transformation
3 4 (23.53%) Mentoring
3 4 (23.53%) Microsoft
3 4 (23.53%) GAP Analysis
3 4 (23.53%) Stakeholder Management
3 4 (23.53%) MiFID
4 3 (17.65%) MS Visio
4 3 (17.65%) SharePoint
5 2 (11.76%) Business Intelligence
5 2 (11.76%) Unit4 Business World
5 2 (11.76%) Project Management
5 2 (11.76%) Equities
5 2 (11.76%) Scrum
5 2 (11.76%) MS Excel
5 2 (11.76%) Waterfall
5 2 (11.76%) Derivative
6 1 (5.88%) Equity Derivative
6 1 (5.88%) Functional Testing
6 1 (5.88%) Stakeholder Engagement
6 1 (5.88%) Digital Marketing
6 1 (5.88%) User Acceptance Testing
6 1 (5.88%) PRINCE2 Practitioner
6 1 (5.88%) Requirements Management
6 1 (5.88%) Requirements Analysis
6 1 (5.88%) International Banking
6 1 (5.88%) Marketing

Business Analyst Skill Set
Co-occurring IT Skills in Somerset 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 3 (17.65%) SharePoint
2 1 (5.88%) BizTalk Server
Applications
1 3 (17.65%) MS Visio
2 2 (11.76%) MS Excel
Business Applications
1 2 (11.76%) Unit4 Business World
2 1 (5.88%) SAP Oil and Gas
Database & Business Intelligence
1 1 (5.88%) SQL Server
General
1 7 (41.18%) Finance
2 1 (5.88%) Advertising
2 1 (5.88%) Banking
2 1 (5.88%) Electronics
2 1 (5.88%) International Banking
2 1 (5.88%) Investment Banking
2 1 (5.88%) Manufacturing
2 1 (5.88%) Marketing
2 1 (5.88%) Retail
2 1 (5.88%) Telecoms
Miscellaneous
1 2 (11.76%) Derivative
1 2 (11.76%) Equities
2 1 (5.88%) Analytical Skills
2 1 (5.88%) Equity Derivative
2 1 (5.88%) Foreign Exchange (FX)
2 1 (5.88%) OTC Derivatives
2 1 (5.88%) User Experience
Processes & Methodologies
1 7 (41.18%) Business Analysis
2 6 (35.29%) Agile Software Development
2 6 (35.29%) Business Transformation
2 6 (35.29%) PRINCE2
3 4 (23.53%) GAP Analysis
3 4 (23.53%) Mentoring
3 4 (23.53%) Stakeholder Management
4 2 (11.76%) Business Intelligence
4 2 (11.76%) Project Management
4 2 (11.76%) Scrum
4 2 (11.76%) Waterfall
5 1 (5.88%) E-Commerce
5 1 (5.88%) ERP
5 1 (5.88%) Functional Testing
5 1 (5.88%) Logistics
5 1 (5.88%) Migration
5 1 (5.88%) Programme Management
5 1 (5.88%) RAD
5 1 (5.88%) Software Engineering
5 1 (5.88%) User Stories
Programming Languages
1 1 (5.88%) PL/SQL
1 1 (5.88%) SQL
Qualifications
1 1 (5.88%) Degree
1 1 (5.88%) PRINCE2 Certification
1 1 (5.88%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 4 (23.53%) MiFID
Vendors
1 4 (23.53%) Microsoft
2 1 (5.88%) Oracle
2 1 (5.88%) SAP