Period
to 23 September 2019

The following table provides summary statistics for contract job vacancies advertised in the UK excluding London with a requirement for PSD2 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited PSD2 over the 6 months to 23 September 2019 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.

EU Revised Directive on Payment Services (PSD2)
UK > UK excluding London
6 months to
23 Sep 2019
Same period 2018 Same period 2017
Rank 595 642 629
Rank change year-on-year +47 -13 +65
Contract jobs citing PSD2 26 23 25
As % of all contract IT jobs advertised in the UK excluding London 0.055% 0.043% 0.048%
As % of the Quality Assurance & Compliance category 0.50% 0.37% 0.39%
Number of daily rates quoted 14 20 17
UK excluding London median daily rate £438 £496 £550
Median daily rate % change year-on-year -11.84% -9.77% +4.76%
10th Percentile £345 £397 £430
90th Percentile £575 £556 £643
UK median daily rate £550 £550 £550
Number of hourly rates quoted 0 0 0
UK excluding London median hourly rate - - -
UK median hourly rate - - -

PSD2 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the UK excluding London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK excluding London
Contract vacancies with a requirement for quality assurance or compliance skills 5,226 6,247 6,332
As % of all contract IT jobs advertised in the UK excluding London 11.06% 11.58% 12.21%
Number of daily rates quoted 3,028 3,650 3,760
UK excluding London median daily rate £424 £410 £400
Median daily rate % change year-on-year +3.41% +2.50% +6.67%
10th Percentile £200 £218 £210
90th Percentile £589 £575 £555
UK median daily rate £450 £450 £440
% change year-on-year - +2.27% +6.02%
Number of hourly rates quoted 340 307 299
UK excluding London median hourly rate £24.75 £20.08 £20.00
Median hourly rate % change year-on-year +23.26% +0.38% -21.57%
10th Percentile £10.75 £11.00 £10.50
90th Percentile £60.07 £48.00 £47.50
UK median hourly rate £21.42 £21.00 £21.50
% change year-on-year +1.98% -2.33% -9.47%

PSD2
Job Vacancy Trend in the UK excluding London

Job postings citing PSD2 as a percentage of all IT jobs advertised in the UK excluding London.

Job vacancy trend for PSD2 in the UK excluding London

PSD2
Contractor Daily Rate Trend in the UK excluding London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing PSD2 in the UK excluding London.

Contractor daily rate trend for PSD2 in the UK excluding London

PSD2
Contractor Daily Rate Histogram in the UK excluding London

The daily rate distribution of IT jobs citing PSD2 in the UK excluding London over the 6 months to 23 September 2019.

Contractor daily rate histogram for PSD2 in the UK excluding London

PSD2
Contract Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PSD2 within the UK excluding London region over the 6 months to 23 September 2019. 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
Midlands +40 9 £400 -3.03% 1
Scotland +26 8 £544 +14.47% 1
North of England +29 7 £550 +10.00% 1
East Midlands +22 6 £345 -13.75%
North West +17 6 £550 +10.00% 1
West Midlands - 3 £425 - 1
South West -17 1 - -
South East - 1 £364 - 1
Yorkshire - 1 - -
PSD2
UK

For the 6 months to 23 September 2019, IT contractor jobs citing PSD2 also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the UK excluding London region with a requirement for PSD2.

1 17 (65.38%) Banking
2 15 (57.69%) Agile Software Development
3 13 (50.00%) Finance
4 8 (30.77%) Java
5 7 (26.92%) Android
5 7 (26.92%) Waterfall
5 7 (26.92%) Mobile Banking
5 7 (26.92%) User Experience
6 6 (23.08%) Android Development
6 6 (23.08%) Kotlin
6 6 (23.08%) Test Automation
6 6 (23.08%) Unit Testing
7 4 (15.38%) AWS
7 4 (15.38%) Matrix Organization
7 4 (15.38%) Problem-Solving
8 3 (11.54%) Docker
8 3 (11.54%) Kubernetes
9 2 (7.69%) Stakeholder Management
9 2 (7.69%) C#
9 2 (7.69%) Sage
9 2 (7.69%) JavaScript
9 2 (7.69%) SaaS
9 2 (7.69%) Online Banking
9 2 (7.69%) MVC
9 2 (7.69%) Jenkins
9 2 (7.69%) User Stories
9 2 (7.69%) DevOps
9 2 (7.69%) Microservices
9 2 (7.69%) Acceptance Criteria
9 2 (7.69%) Collaborative Working

PSD2
Co-occurring IT Skills in the UK excluding 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 (3.85%) Cloud Foundry
1 1 (3.85%) Confluence
Business Applications
1 2 (7.69%) Payment Gateway
2 1 (3.85%) Finacle
Cloud Services
1 4 (15.38%) AWS
2 2 (7.69%) SaaS
3 1 (3.85%) Azure
3 1 (3.85%) GitHub
3 1 (3.85%) IaaS
3 1 (3.85%) PaaS
3 1 (3.85%) Power Platform
3 1 (3.85%) Sage Pay
Database & Business Intelligence
1 1 (3.85%) Big Data
1 1 (3.85%) CouchDB
1 1 (3.85%) MongoDB
1 1 (3.85%) NoSQL
1 1 (3.85%) Power BI
Development Applications
1 2 (7.69%) Jenkins
2 1 (3.85%) Android Studio
2 1 (3.85%) Ant
2 1 (3.85%) Cucumber
2 1 (3.85%) FishEye
2 1 (3.85%) JIRA
2 1 (3.85%) Maven
2 1 (3.85%) Selenium
2 1 (3.85%) Sonatype Nexus
2 1 (3.85%) webpack
General
1 17 (65.38%) Banking
2 13 (50.00%) Finance
3 1 (3.85%) Marketing
3 1 (3.85%) Retail Banking
Job Titles
1 8 (30.77%) Developer
2 6 (23.08%) Android Developer
2 6 (23.08%) Architect
3 5 (19.23%) Analyst
4 4 (15.38%) Business Analyst
5 3 (11.54%) Infrastructure Architect
5 3 (11.54%) Solutions Architect
6 2 (7.69%) C# Developer
6 2 (7.69%) Infrastructure Solutions Architect
6 2 (7.69%) Programme Manager
6 2 (7.69%) Project Manager
7 1 (3.85%) Applications Architect
7 1 (3.85%) Banking Analyst
7 1 (3.85%) Contracts Manager
7 1 (3.85%) Domain Architect
7 1 (3.85%) Enterprise Architect
7 1 (3.85%) Product Manager
7 1 (3.85%) SAP Analyst
7 1 (3.85%) SAP Data Analyst
7 1 (3.85%) Service Manager
Libraries, Frameworks & Software Standards
1 1 (3.85%) .NET
1 1 (3.85%) .NET Core
1 1 (3.85%) Node.js
1 1 (3.85%) Redux
1 1 (3.85%) Spring
1 1 (3.85%) Spring Boot
Miscellaneous
1 7 (26.92%) Mobile Banking
1 7 (26.92%) User Experience
2 2 (7.69%) Online Banking
3 1 (3.85%) Analytical Skills
3 1 (3.85%) Cyberattack
3 1 (3.85%) Mainframe
3 1 (3.85%) Mobile App
3 1 (3.85%) Private Cloud
3 1 (3.85%) Self-Motivation
Operating Systems
1 7 (26.92%) Android
2 1 (3.85%) Linux
Processes & Methodologies
1 15 (57.69%) Agile Software Development
2 7 (26.92%) Waterfall
3 6 (23.08%) Android Development
3 6 (23.08%) Test Automation
3 6 (23.08%) Unit Testing
4 4 (15.38%) Matrix Organization
4 4 (15.38%) Problem-Solving
5 2 (7.69%) Acceptance Criteria
5 2 (7.69%) Collaborative Working
5 2 (7.69%) DevOps
5 2 (7.69%) Microservices
5 2 (7.69%) MVC
5 2 (7.69%) Stakeholder Management
5 2 (7.69%) User Stories
6 1 (3.85%) Business Intelligence
6 1 (3.85%) Change Management
6 1 (3.85%) CRM
6 1 (3.85%) ERP
6 1 (3.85%) Migration
6 1 (3.85%) Product Management
Programming Languages
1 8 (30.77%) Java
2 6 (23.08%) Kotlin
3 2 (7.69%) C#
3 2 (7.69%) JavaScript
4 1 (3.85%) C
4 1 (3.85%) Perl
4 1 (3.85%) Python
4 1 (3.85%) Shell Script
System Software
1 3 (11.54%) Docker
Systems Management
1 3 (11.54%) Kubernetes
2 1 (3.85%) Opscode Chef
2 1 (3.85%) Puppet
Vendors
1 2 (7.69%) Sage
2 1 (3.85%) Apple
2 1 (3.85%) JD Edwards
2 1 (3.85%) PayPal
2 1 (3.85%) SAP