Business Analyst Contracts

Business Analyst (BA)
UK

The median Business Analyst (BA) daily rate in the UK is £525 according to job vacancies posted during the 6 months to 27 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 42 41 36
Rank change year-on-year -1 -5 +17
Contract jobs requiring a Business Analyst 1,881 3,109 5,290
As % of all contract jobs advertised in the UK 4.34% 5.20% 5.95%
As % of the Job Titles category 4.68% 5.49% 6.24%
Number of daily rates quoted 1,313 2,267 3,944
10th Percentile £376 £400 £375
25th Percentile £438 £439 £419
Median daily rate (50th Percentile) £525 £520 £500
Median % change year-on-year +0.96% +4.00% +8.46%
75th Percentile £625 £600 £576
90th Percentile £713 £700 £650
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 9 14 14
10th Percentile - £20.78 £18.65
25th Percentile £20.77 £29.74 £22.40
Median hourly rate £28.00 £60.25 £29.39
Median % change year-on-year -53.53% +105.04% -18.56%
75th Percentile £50.00 £64.69 £50.63
90th Percentile £71.00 £68.50 £60.75
UK excluding London median hourly rate £20.77 £63.75 £22.40
% change year-on-year -67.42% +184.60% -4.31%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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.

Contract vacancies in the UK with a recognized job title 40,172 56,583 84,829
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.49%
Number of daily rates quoted 26,161 39,538 59,512
10th Percentile £275 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £731
UK excluding London median daily rate £490 £500 £475
% change year-on-year -1.93% +5.26% +11.76%
Number of hourly rates quoted 2,642 1,585 2,099
10th Percentile £12.86 £14.27 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £35.83 £45.00 £23.00
Median % change year-on-year -20.38% +95.65% -
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £76.00 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.55%

Business Analyst
Job Vacancy Trend

Job postings that featured Business Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Business Analyst in the UK

Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Business Analyst.

Daily rate trend for Business Analyst in the UK

Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Business Analyst over the 6 months to 27 April 2024.

Daily rate histogram for Business Analyst in the UK

Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Business Analyst.

Hourly rate trend for Business Analyst in the UK

Business Analyst
Hourly Rate Histogram

Hourly rate distribution of jobs citing Business Analyst over the 6 months to 27 April 2024.

Hourly rate histogram for Business Analyst in the UK

Business Analyst
Top 18 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Analyst within the UK over the 6 months to 27 April 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
England -3 1,605 £550 +4.76% 335
London +2 1,086 £575 +4.55% 174
Work from Home +4 807 £550 +10.00% 153
UK excluding London -19 596 £450 -5.26% 175
North of England -8 194 £475 -5.00% 57
South East -28 117 £475 +2.70% 34
Scotland +9 104 £450 +4.65% 8
North West -12 102 £475 +1.06% 33
Yorkshire -9 79 £475 -5.00% 20
Midlands -30 78 £450 -5.26% 35
East of England -5 47 £425 -12.82% 14
West Midlands -33 47 £450 -5.26% 20
South West -35 44 £504 -2.89% 18
East Midlands +11 29 £420 -9.19% 15
North East +20 13 £465 -9.37% 4
Wales -3 9 £420 -11.58% 5
Northern Ireland -2 5 £335 -18.79% 7
Isle of Man - 1 £475 -

Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 27 April 2024, Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Business Analyst in the job title.

1 553 (29.40%) Finance
2 510 (27.11%) Social Skills
3 509 (27.06%) Agile
4 449 (23.87%) Business Analysis
5 321 (17.07%) Requirements Gathering
6 310 (16.48%) Stakeholder Management
7 281 (14.94%) User Stories
8 254 (13.50%) Banking
9 252 (13.40%) Analytical Skills
10 213 (11.32%) Degree
11 209 (11.11%) Problem-Solving
12 194 (10.31%) SQL
13 169 (8.98%) Project Management
14 163 (8.67%) Workshop Facilitation
15 153 (8.13%) Public Sector
16 151 (8.03%) User Acceptance Testing
17 150 (7.97%) Data Analysis
18 142 (7.55%) Change Management
19 140 (7.44%) Migration
19 140 (7.44%) Product Ownership
20 129 (6.86%) Scrum
21 124 (6.59%) Security Cleared
22 123 (6.54%) Acceptance Criteria
23 122 (6.49%) GAP Analysis
24 115 (6.11%) JIRA
25 110 (5.85%) Microsoft
26 106 (5.64%) ERP
27 105 (5.58%) SAP
28 104 (5.53%) Business Intelligence
29 103 (5.48%) Use Case

Business Analyst Skill Set
Co-occurring Skills and Capabilities 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:

Application Platforms
1 67 (3.56%) Confluence
2 37 (1.97%) SharePoint
3 10 (0.53%) MTS
4 6 (0.32%) Adobe Experience Manager
4 6 (0.32%) CMS
5 4 (0.21%) Microsoft Exchange
6 3 (0.16%) Apache
6 3 (0.16%) ArcGIS
6 3 (0.16%) SAS
7 2 (0.11%) Apache Spark
8 1 (0.053%) Apache Airflow
8 1 (0.053%) LiveLink
8 1 (0.053%) SharePoint 2013
Applications
1 82 (4.36%) Microsoft Excel
1 82 (4.36%) MS Visio
2 54 (2.87%) Microsoft PowerPoint
3 43 (2.29%) Microsoft Office
4 7 (0.37%) Microsoft Project
4 7 (0.37%) Spreadsheet
5 3 (0.16%) Chatbot
5 3 (0.16%) Trello
6 1 (0.053%) InVision
6 1 (0.053%) Sketch
Business Applications
1 52 (2.76%) Endur
2 28 (1.49%) Loan IQ
3 21 (1.12%) Aligne
4 20 (1.06%) SAP S/4HANA
5 17 (0.90%) Dynamics CRM
6 14 (0.74%) Aladdin
7 10 (0.53%) EuroRunner
8 9 (0.48%) ION MarketView
9 7 (0.37%) SAP PM
10 6 (0.32%) NetSuite
10 6 (0.32%) SAP Hybris
11 5 (0.27%) Oracle Financials
11 5 (0.27%) Shopify
12 4 (0.21%) Salesforce CRM
12 4 (0.21%) SAP MDG
13 3 (0.16%) Magento
13 3 (0.16%) Maximo
13 3 (0.16%) Oracle Procure-to-Pay
13 3 (0.16%) SAP ERP
14 2 (0.11%) Oracle EBS R12
Cloud Services
1 96 (5.10%) Azure
2 86 (4.57%) Power Platform
3 65 (3.46%) AWS
4 36 (1.91%) SaaS
5 29 (1.54%) Azure DevOps
6 26 (1.38%) Dynamics 365
7 15 (0.80%) Microsoft 365
8 12 (0.64%) SuccessFactors
9 8 (0.43%) Cloud Computing
9 8 (0.43%) Collibra
9 8 (0.43%) SAP Commerce Cloud
10 7 (0.37%) Lucidchart
11 6 (0.32%) OCI
11 6 (0.32%) PaaS
11 6 (0.32%) Salesforce Commerce Cloud
12 5 (0.27%) Adobe Analytics
12 5 (0.27%) Google Analytics
13 4 (0.21%) IBM Blueworks
13 4 (0.21%) Salesforce Service Cloud
13 4 (0.21%) Serverless
Communications & Networking
1 14 (0.74%) FIX Connectivity
2 6 (0.32%) Radio Access Network
3 3 (0.16%) Internet
3 3 (0.16%) Intranet
3 3 (0.16%) SD-WAN
4 2 (0.11%) 4G
4 2 (0.11%) 5G
4 2 (0.11%) Firewall
5 1 (0.053%) Broadband
5 1 (0.053%) Ethernet
5 1 (0.053%) Intrusion Detection
5 1 (0.053%) LTE
5 1 (0.053%) MPLS
5 1 (0.053%) NAS
5 1 (0.053%) Network Security
5 1 (0.053%) Reverse Proxy
5 1 (0.053%) WAN
5 1 (0.053%) Wireless
Database & Business Intelligence
1 80 (4.25%) Power BI
2 37 (1.97%) Data Warehouse
3 17 (0.90%) Tableau
4 13 (0.69%) Relational Database
5 9 (0.48%) Big Data
5 9 (0.48%) Data Lake
5 9 (0.48%) Metadata
5 9 (0.48%) SQL Server Integration Services
6 8 (0.43%) Geospatial Data
6 8 (0.43%) SQL Server
7 7 (0.37%) Electronic Patient Records
8 5 (0.27%) BusinessObjects Business Intelligence
8 5 (0.27%) SAP HANA
9 4 (0.21%) Data Mart
9 4 (0.21%) PostgreSQL
9 4 (0.21%) SQL Server Analysis Services
9 4 (0.21%) SQL Server Reporting Services
10 3 (0.16%) DataStage
10 3 (0.16%) GIS
10 3 (0.16%) Hadoop
Development Applications
1 115 (6.11%) JIRA
2 15 (0.80%) Eclipse
3 11 (0.58%) TeamCity
4 10 (0.53%) Postman
4 10 (0.53%) SoapUI
5 7 (0.37%) PyCharm
6 2 (0.11%) Balsamiq
7 1 (0.053%) Rational Software Modeler
7 1 (0.053%) Visual Studio Team System
General
1 553 (29.40%) Finance
2 510 (27.11%) Social Skills
3 254 (13.50%) Banking
4 252 (13.40%) Analytical Skills
5 153 (8.13%) Public Sector
6 100 (5.32%) Front Office
7 90 (4.78%) Inclusion and Diversity
8 73 (3.88%) Manufacturing
9 72 (3.83%) Presentation Skills
10 71 (3.77%) Investment Banking
11 56 (2.98%) Retail
12 43 (2.29%) Marketing
13 41 (2.18%) Back Office
14 36 (1.91%) Influencing Skills
15 34 (1.81%) Pharmaceutical
16 30 (1.59%) Telecoms
17 25 (1.33%) Legal
18 24 (1.28%) Local Government
19 19 (1.01%) Documentation Skills
19 19 (1.01%) Organisational Skills
Libraries, Frameworks & Software Standards
1 24 (1.28%) XML
2 22 (1.17%) FIX Protocol
3 15 (0.80%) JSON
4 10 (0.53%) Web Services
5 9 (0.48%) SOAP
6 8 (0.43%) .NET
6 8 (0.43%) Oracle Fusion
7 6 (0.32%) SailPoint
8 5 (0.27%) ADO
8 5 (0.27%) Apache Camel
9 4 (0.21%) HTML
9 4 (0.21%) OAuth
9 4 (0.21%) VML
10 2 (0.11%) Middleware
10 2 (0.11%) OAuth2
10 2 (0.11%) OpenID
11 1 (0.053%) AngularJS
11 1 (0.053%) Kafka
11 1 (0.053%) REST
11 1 (0.053%) Swagger
Miscellaneous
1 140 (7.44%) Product Ownership
2 62 (3.30%) Derivative
3 55 (2.92%) Fixed Income
4 53 (2.82%) Foreign Exchange (FX)
5 48 (2.55%) Equities
6 33 (1.75%) Hedge funds
7 32 (1.70%) Management Information System
8 31 (1.65%) Onboarding
9 26 (1.38%) Reinsurance
10 25 (1.33%) Renewable Energy
10 25 (1.33%) SWIFT Messaging Network
11 22 (1.17%) Data Protection Act
12 21 (1.12%) Mobile App
13 18 (0.96%) Market Risk
14 17 (0.90%) Self-Motivation
15 16 (0.85%) IoT
16 15 (0.80%) Greenfield Project
17 14 (0.74%) Analytical Mindset
17 14 (0.74%) Cloud Native
17 14 (0.74%) Solar Panel
Operating Systems
1 20 (1.06%) Windows
2 17 (0.90%) Unix
3 7 (0.37%) Linux
4 5 (0.27%) Apple iOS
5 4 (0.21%) Windows 10
6 3 (0.16%) Mac OS
6 3 (0.16%) VMS
7 2 (0.11%) Windows 7
7 2 (0.11%) Windows Server
7 2 (0.11%) Windows Server 2008
7 2 (0.11%) Windows Server 2012
8 1 (0.053%) Android
Processes & Methodologies
1 509 (27.06%) Agile
2 449 (23.87%) Business Analysis
3 321 (17.07%) Requirements Gathering
4 310 (16.48%) Stakeholder Management
5 281 (14.94%) User Stories
6 209 (11.11%) Problem-Solving
7 169 (8.98%) Project Management
8 163 (8.67%) Workshop Facilitation
9 151 (8.03%) User Acceptance Testing
10 150 (7.97%) Data Analysis
11 142 (7.55%) Change Management
12 140 (7.44%) Migration
13 129 (6.86%) Scrum
14 123 (6.54%) Acceptance Criteria
15 122 (6.49%) GAP Analysis
16 106 (5.64%) ERP
17 104 (5.53%) Business Intelligence
18 103 (5.48%) Use Case
19 98 (5.21%) Process Improvement
20 95 (5.05%) Asset Management
Programming Languages
1 194 (10.31%) SQL
2 49 (2.60%) Python
3 25 (1.33%) Java
4 17 (0.90%) JavaScript
5 7 (0.37%) Groovy
6 5 (0.27%) C#
6 5 (0.27%) PL/SQL
6 5 (0.27%) VBA
6 5 (0.27%) XPath
6 5 (0.27%) XQuery
7 3 (0.16%) R
8 1 (0.053%) Data Analysis Expressions
8 1 (0.053%) JCL
8 1 (0.053%) Shell Script
Qualifications
1 213 (11.32%) Degree
2 124 (6.59%) Security Cleared
3 95 (5.05%) SC Cleared
4 29 (1.54%) BPSS Clearance
5 21 (1.12%) CBAP
6 20 (1.06%) IIBA
7 18 (0.96%) DV Cleared
8 11 (0.58%) ISEB
9 10 (0.53%) PMI Certification
10 8 (0.43%) ACCA
10 8 (0.43%) CIMA
11 7 (0.37%) Master's Degree
11 7 (0.37%) Numerate Degree
12 6 (0.32%) Computer Science Degree
12 6 (0.32%) CSPO
13 5 (0.27%) ITIL Certification
14 3 (0.16%) HNC
14 3 (0.16%) MBA
14 3 (0.16%) Microsoft Certification
15 2 (0.11%) Oracle Certification
Quality Assurance & Compliance
1 97 (5.16%) QA
2 52 (2.76%) Data Quality
3 35 (1.86%) EMIR
3 35 (1.86%) GDPR
4 34 (1.81%) MiFID
5 22 (1.17%) GxP
6 21 (1.12%) SEPA
7 19 (1.01%) Good Clinical Practice
8 16 (0.85%) PMO
9 15 (0.80%) Dodd-Frank
10 8 (0.43%) Disclosure Scotland
11 6 (0.32%) Actionable Recommendations
12 5 (0.27%) Accessibility
12 5 (0.27%) IFRS
13 4 (0.21%) Basel III
13 4 (0.21%) ISO/IEC 27001
13 4 (0.21%) PCI DSS
13 4 (0.21%) SLA
14 3 (0.16%) IFRS 9
14 3 (0.16%) ISO 20022
System Software
1 8 (0.43%) Active Directory
2 3 (0.16%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.053%) Hyper-V
4 1 (0.053%) VMware Infrastructure
4 1 (0.053%) VMware NSX
4 1 (0.053%) vSphere
Systems Management
1 4 (0.21%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Single Sign-On
3 1 (0.053%) Microsoft Intune
3 1 (0.053%) SCCM
Vendors
1 110 (5.85%) Microsoft
2 105 (5.58%) SAP
3 59 (3.14%) Oracle
4 47 (2.50%) Salesforce
5 41 (2.18%) Bloomberg
6 32 (1.70%) ServiceNow
7 20 (1.06%) OpenLink
8 16 (0.85%) ION Trading
9 14 (0.74%) Adobe
10 13 (0.69%) MarketAxess
10 13 (0.69%) Tradeweb
11 12 (0.64%) Pega
12 11 (0.58%) BISAM
12 11 (0.58%) Workday
13 9 (0.48%) Cadence
13 9 (0.48%) Murex
13 9 (0.48%) Refinitiv
14 7 (0.37%) Ariba
14 7 (0.37%) Calypso
14 7 (0.37%) IBM