Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies advertised in South Wales with a requirement for Requirements Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Management over the 6 months to 18 November 2017 with a comparison to the 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.

Requirements Management
Wales > South Wales
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 65 58 87
Rank change year-on-year -7 +29 +7
Contract jobs citing Requirements Management 12 30 17
As % of all contract IT jobs advertised in South Wales 1.26% 2.66% 1.32%
As % of the Processes & Methodologies category 1.52% 3.19% 1.63%
Number of daily rates quoted 11 19 13
South Wales median daily rate £393 £405 £400
Median daily rate % change year-on-year -3.09% +1.25% -4.19%
10th Percentile £353 £353 £302
90th Percentile £414 £440 £435
Wales median daily rate £393 £405 £400
% change year-on-year -3.09% +1.25% -4.19%
Number of hourly rates quoted 0 0 0
South Wales median hourly rate - - -
Wales median hourly rate - - -

Requirements Management is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in South Wales with a requirement for process or methodology skills.

All Process and Methodology Skills
South Wales
Contract vacancies with a requirement for process or methodology skills 792 941 1043
As % of all contract IT jobs advertised in South Wales 83.37% 83.57% 81.17%
Number of daily rates quoted 534 675 807
South Wales median daily rate £375 £400 £350
Median daily rate % change year-on-year -6.25% +14.29% -
10th Percentile £175 £222 £229
90th Percentile £525 £538 £475
Wales median daily rate £388 £400 £360
% change year-on-year -3.13% +11.27% -1.51%
Number of hourly rates quoted 34 43 34
South Wales median hourly rate £20.69 £18.75 £15.88
Median hourly rate % change year-on-year +10.35% +18.11% +9.48%
10th Percentile £13.00 £10.45 £9.58
90th Percentile £51.00 £61.25 £35.33
Wales median hourly rate £20.69 £18.00 £15.75
% change year-on-year +14.94% +14.29% -1.56%

Requirements Management
Job Vacancy Trend in South Wales

Job postings citing Requirements Management as a percentage of all IT jobs advertised in South Wales.

Job vacancy trend for Requirements Management in South Wales

Requirements Management
Contractor Daily Rate Trend in South Wales

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Requirements Management in South Wales.

Contractor daily rate trend for Requirements Management in South Wales

Requirements Management
Contractor Daily Rate Histogram in South Wales

The daily rate distribution of IT jobs citing Requirements Management in South Wales over the 6 months to 18 November 2017.

Contractor daily rate histogram for Requirements Management in South Wales

Requirements Management
Contract Job Locations in South Wales

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Requirements Management within the South Wales region over the 6 months to 18 November 2017. 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
Cardiff -2 5 £380 -5.00%
Newport +4 1 - -
Caerphilly - 1 £510 -
Requirements Management
Wales

For the 6 months to 18 November 2017, IT contractor jobs citing Requirements Management also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the South Wales region with a requirement for Requirements Management.

1 8 (66.67%) Requirements Analysis
1 8 (66.67%) Model-Based Systems Engineering
2 5 (41.67%) Rational DOORS
2 5 (41.67%) Rational Rhapsody
2 5 (41.67%) SysML
2 5 (41.67%) Agile Software Development
2 5 (41.67%) Human Factors
3 4 (33.33%) Data Modelling
4 3 (25.00%) TCP/IP
4 3 (25.00%) Change Management
4 3 (25.00%) Wireless
4 3 (25.00%) Finance
4 3 (25.00%) Validation
4 3 (25.00%) Stakeholder Management
4 3 (25.00%) Use Case
4 3 (25.00%) Banking
4 3 (25.00%) Business Analysis
4 3 (25.00%) Regulatory Compliance
4 3 (25.00%) Performance Analysis
5 2 (16.67%) Information Architecture
5 2 (16.67%) IBM
6 1 (8.33%) Microsoft
6 1 (8.33%) EMC
6 1 (8.33%) Microsoft Office
6 1 (8.33%) MS Visio
6 1 (8.33%) Replication
6 1 (8.33%) Military
6 1 (8.33%) Retail Banking
6 1 (8.33%) Security Cleared
6 1 (8.33%) Product Management

Requirements Management
Co-occurring IT Skills in South Wales 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:

Applications
1 1 (8.33%) Microsoft Office
1 1 (8.33%) MS Visio
Communications & Networking
1 3 (25.00%) TCP/IP
1 3 (25.00%) Wireless
Development Applications
1 5 (41.67%) Rational DOORS
1 5 (41.67%) Rational Rhapsody
General
1 3 (25.00%) Banking
1 3 (25.00%) Finance
2 1 (8.33%) Military
2 1 (8.33%) Retail Banking
Job Titles
1 8 (66.67%) Systems Engineer
2 4 (33.33%) Senior Systems Engineer
3 3 (25.00%) Analyst
3 3 (25.00%) Banking Analyst
3 3 (25.00%) Banking Business Analyst
3 3 (25.00%) Business Analyst
4 1 (8.33%) Credit Analyst
4 1 (8.33%) Delivery Manager
4 1 (8.33%) Hardware Engineer
4 1 (8.33%) Principal Engineer
4 1 (8.33%) Principal Systems Engineer
4 1 (8.33%) Requirements Engineer
Miscellaneous
1 1 (8.33%) Replication
Processes & Methodologies
1 8 (66.67%) Model-Based Systems Engineering
1 8 (66.67%) Requirements Analysis
2 5 (41.67%) Agile Software Development
2 5 (41.67%) Human Factors
2 5 (41.67%) SysML
3 4 (33.33%) Data Modelling
4 3 (25.00%) Business Analysis
4 3 (25.00%) Change Management
4 3 (25.00%) Performance Analysis
4 3 (25.00%) Regulatory Compliance
4 3 (25.00%) Stakeholder Management
4 3 (25.00%) Use Case
4 3 (25.00%) Validation
5 2 (16.67%) Information Architecture
6 1 (8.33%) Acceptance Criteria
6 1 (8.33%) Data Transformation
6 1 (8.33%) Product Management
6 1 (8.33%) Stakeholder Engagement
6 1 (8.33%) User Stories
Qualifications
1 1 (8.33%) Security Cleared
Quality Assurance & Compliance
1 1 (8.33%) QA
Vendors
1 2 (16.67%) IBM
2 1 (8.33%) EMC
2 1 (8.33%) Microsoft