Finance Contracts in Somerset

Financial
South West > Somerset

The table below looks at the prevalence of the term Finance in contract job vacancies advertised in Somerset. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Finance over the 6 months to 8 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 7 11 12
Rank change year-on-year +4 +1 -6
Contract jobs citing Finance 24 22 25
As % of all contract jobs advertised in Somerset 11.71% 10.95% 12.44%
As % of the General category 20.51% 20.00% 21.93%
Number of daily rates quoted 21 18 18
10th Percentile £200 £152 £228
25th Percentile £400 £334 £411
Median daily rate (50th Percentile) £532 £513 £425
Median % change year-on-year +3.80% +20.59% -15.08%
75th Percentile £588 £566 £516
90th Percentile £613 £590 £572
South West median daily rate £570 £550 £525
% change year-on-year +3.64% +4.76% +5.00%
Number of hourly rates quoted 0 2 0
Median hourly rate - £18.25 -
South West median hourly rate £14.79 £38.35 £33.75
% change year-on-year -61.43% +13.63% +112.80%

All General Skills
Somerset

Finance is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Somerset with a requirement for common skills.

Contract vacancies with a requirement for common skills 117 110 114
As % of all contract IT jobs advertised in Somerset 57.07% 54.73% 56.72%
Number of daily rates quoted 58 87 79
10th Percentile £204 £183 £255
25th Percentile £390 £363 £400
Median daily rate (50th Percentile) £500 £525 £450
Median % change year-on-year -4.76% +16.67% -5.26%
75th Percentile £586 £650 £532
90th Percentile £606 £729 £594
South West median daily rate £525 £548 £493
% change year-on-year -4.11% +11.17% +6.49%
Number of hourly rates quoted 28 9 7
10th Percentile £12.50 £18.05 £48.35
25th Percentile £22.63 £31.25 -
Median hourly rate £25.00 £40.00 £49.75
Median % change year-on-year -37.50% -19.60% +0.57%
75th Percentile £40.00 £50.00 £57.34
90th Percentile £42.40 £64.60 £60.56
South West median hourly rate £46.39 £60.00 £43.54
% change year-on-year -22.68% +37.82% +8.84%

Finance
Job Vacancy Trend in Somerset

Job postings citing Finance as a proportion of all IT jobs advertised in Somerset.

Job vacancy trend for Finance in Somerset

Finance
Contractor Daily Rate Trend in Somerset

3-month moving average daily rate quoted in jobs citing Finance in Somerset.

Daily rate trend for Finance in Somerset

Finance
Daily Rate Histogram in Somerset

Daily rate distribution for jobs citing Finance in Somerset over the 6 months to 8 May 2024.

Daily rate histogram for Finance in Somerset

Finance
Contractor Hourly Rate Trend in Somerset

3-month moving average hourly rates quoted in jobs citing Finance in Somerset.

Hourly rate trend for Finance in Somerset

Finance
Contract Job Locations in Somerset

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Finance within the Somerset region over the 6 months to 8 May 2024. 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
Jobs
Bath +5 8 £488 +214.52% 15
Bridgwater -2 6 £530 -3.20% 5
Taunton +4 5 £600 +14.29% 4
Street -2 3 £200 -61.90% 22
Finance
South West

Finance
Co-occurring Skills and Capabilities in Somerset by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 3 (12.50%) Microsoft Excel
2 2 (8.33%) Microsoft PowerPoint
2 2 (8.33%) Microsoft Project
2 2 (8.33%) MS Visio
Business Applications
1 1 (4.17%) SAP CO
1 1 (4.17%) SAP FI
1 1 (4.17%) SAP FI/CO
1 1 (4.17%) SAP S/4HANA
Cloud Services
1 1 (4.17%) Power Platform
Database & Business Intelligence
1 3 (12.50%) Data Vault
2 1 (4.17%) Power BI
General
1 11 (45.83%) Analytical Skills
2 10 (41.67%) Social Skills
3 6 (25.00%) Public Sector
4 4 (16.67%) Legal
5 3 (12.50%) Banking
5 3 (12.50%) Electronics
5 3 (12.50%) Manufacturing
5 3 (12.50%) Marketing
5 3 (12.50%) Presentation Skills
5 3 (12.50%) Telecoms
6 2 (8.33%) Organisational Skills
7 1 (4.17%) General Ledger
Job Titles
1 6 (25.00%) Administrator
2 4 (16.67%) Lead
3 3 (12.50%) Analyst
3 3 (12.50%) Architect
3 3 (12.50%) Business Architect
3 3 (12.50%) Compliance Analyst
3 3 (12.50%) Compliance Manager
3 3 (12.50%) Data Administrator
3 3 (12.50%) Data Analyst
3 3 (12.50%) Data Compliance Analyst
3 3 (12.50%) Governance Manager
3 3 (12.50%) IT Governance Manager
3 3 (12.50%) IT Manager
3 3 (12.50%) Market Analyst
3 3 (12.50%) Market Data Administrator
3 3 (12.50%) Market Data Analyst
3 3 (12.50%) Market Data Support Analyst
3 3 (12.50%) Salesforce Administrator
3 3 (12.50%) Support Analyst
4 2 (8.33%) Change Manager
Miscellaneous
1 4 (16.67%) Management Information System
2 3 (12.50%) Product Ownership
3 1 (4.17%) Analytical Mindset
3 1 (4.17%) Animation
Processes & Methodologies
1 7 (29.17%) Project Management
2 6 (25.00%) Agile
2 6 (25.00%) Continuous Improvement
3 5 (20.83%) Business Intelligence
3 5 (20.83%) Programme Management
3 5 (20.83%) Project Delivery
3 5 (20.83%) Risk Assessment
4 4 (16.67%) Asset Management
4 4 (16.67%) Business Case
4 4 (16.67%) Data Management
4 4 (16.67%) Scrum
5 3 (12.50%) Application Security
5 3 (12.50%) Conflict Management
5 3 (12.50%) Decision-Making
5 3 (12.50%) DevOps
5 3 (12.50%) Digital Marketing
5 3 (12.50%) Problem-Solving
5 3 (12.50%) Site Reliability Engineering
5 3 (12.50%) Software Asset Management
5 3 (12.50%) Workshop Facilitation
Qualifications
1 3 (12.50%) Degree
2 2 (8.33%) Six Sigma Green Belt
3 1 (4.17%) BPSS Clearance
3 1 (4.17%) MRICS
3 1 (4.17%) SAP Certification
3 1 (4.17%) SC Cleared
3 1 (4.17%) Security Cleared
Quality Assurance & Compliance
1 3 (12.50%) Cyber Essentials
1 3 (12.50%) GDPR
1 3 (12.50%) ISO/IEC 27001
1 3 (12.50%) QA
2 1 (4.17%) Data Quality
2 1 (4.17%) NEBOSH
Systems Management
1 3 (12.50%) Thomson Reuters DACS
Vendors
1 5 (20.83%) Microsoft
1 5 (20.83%) SAP
2 3 (12.50%) Bloomberg
2 3 (12.50%) Refinitiv
2 3 (12.50%) Salesforce
3 1 (4.17%) Oracle