Business Analyst Contracts

Business Analyst (BA)
UK

The median Business Analyst (BA) daily rate in the UK is £525, according to job vacancies posted in the 6 months leading up to 21 June 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
21 Jun 2024
Same period 2023 Same period 2022
Rank 42 41 35
Rank change year-on-year -1 -6 +18
Contract jobs requiring a Business Analyst 1,793 2,862 5,315
As % of all contract jobs advertised in the UK 4.11% 5.15% 6.10%
As % of the Job Titles category 4.42% 5.45% 6.40%
Number of daily rates quoted 1,264 2,102 3,972
10th Percentile £373 £400 £381
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +8.11%
75th Percentile £615 £600 £588
90th Percentile £713 £703 £675
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 11 13 13
10th Percentile £20.77 £20.60 £18.60
25th Percentile £21.01 £27.98 £21.78
Median hourly rate £42.50 £62.50 £26.00
Median % change year-on-year -32.00% +140.38% -42.22%
75th Percentile £50.00 £65.00 £43.50
90th Percentile £68.00 £69.00 £56.75
UK excluding London median hourly rate £20.77 £63.75 £21.78
% change year-on-year -67.42% +192.70% -8.28%

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 40,557 52,491 83,111
% of contract IT jobs with a recognized job title 92.86% 94.51% 95.34%
Number of daily rates quoted 26,070 36,644 58,616
10th Percentile £280 £313 £318
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.42% +2.48% +6.06%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +8.57%
Number of hourly rates quoted 2,936 1,486 1,938
10th Percentile £12.86 £14.25 £12.75
25th Percentile £16.30 £19.42 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +16.28%
75th Percentile £61.81 £65.75 £50.00
90th Percentile £73.75 £77.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +7.82%

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 21 June 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 21 June 2024.

Hourly rate histogram for Business Analyst in the UK

Business Analyst
Top 17 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 21 June 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 -6 1,553 £525 - 141
London -1 1,044 £563 +0.45% 59
Work from Home +2 738 £550 +6.28% 71
UK excluding London -24 576 £450 -5.26% 92
North of England -11 187 £475 -4.04% 22
South East -32 120 £475 -1.04% 22
North West -7 99 £475 - 10
Scotland +17 97 £450 +3.99% 4
Midlands -34 83 £450 -5.26% 24
Yorkshire -16 73 £475 -5.00% 11
West Midlands -32 54 £450 -6.98% 16
East of England -10 51 £425 -10.53% 8
South West -45 33 £481 -10.47% 10
East Midlands +4 27 £438 -5.41% 8
North East +4 14 £400 -15.79% 3
Wales +9 7 £420 -11.58% 2
Northern Ireland -13 3 £400 -9.86% 2

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

For the 6 months to 21 June 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.

1 551 (30.73%) Finance
2 496 (27.66%) Agile
3 483 (26.94%) Social Skills
4 438 (24.43%) Business Analysis
5 316 (17.62%) Requirements Gathering
6 307 (17.12%) Stakeholder Management
7 280 (15.62%) User Stories
8 250 (13.94%) Banking
9 226 (12.60%) Analytical Skills
10 200 (11.15%) SQL
11 193 (10.76%) Degree
12 188 (10.49%) Problem-Solving
13 170 (9.48%) Workshop Facilitation
14 167 (9.31%) Project Management
15 164 (9.15%) User Acceptance Testing
16 153 (8.53%) Migration
17 138 (7.70%) Product Ownership
18 137 (7.64%) Public Sector
18 137 (7.64%) GAP Analysis
19 136 (7.59%) Acceptance Criteria
20 133 (7.42%) Data Analysis
21 127 (7.08%) JIRA
22 125 (6.97%) Scrum
23 124 (6.92%) Change Management
24 109 (6.08%) ERP
25 108 (6.02%) Use Case
26 104 (5.80%) Azure
27 101 (5.63%) Business Intelligence
28 100 (5.58%) Microsoft
28 100 (5.58%) Security Cleared

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 74 (4.13%) Confluence
2 32 (1.78%) SharePoint
3 7 (0.39%) Apache
3 7 (0.39%) MTS
4 6 (0.33%) Adobe Experience Manager
5 4 (0.22%) ArcGIS
5 4 (0.22%) Microsoft Exchange
6 3 (0.17%) CMS
6 3 (0.17%) SAS
7 2 (0.11%) Apache Spark
7 2 (0.11%) LiveLink
8 1 (0.056%) Alfresco
8 1 (0.056%) Apache Airflow
8 1 (0.056%) Camunda
Applications
1 75 (4.18%) MS Visio
2 69 (3.85%) Microsoft Excel
3 48 (2.68%) Microsoft PowerPoint
4 37 (2.06%) Microsoft Office
5 8 (0.45%) Spreadsheet
6 6 (0.33%) Trello
7 4 (0.22%) Chatbot
7 4 (0.22%) Microsoft Project
8 1 (0.056%) SPSS
Business Applications
1 39 (2.18%) Endur
2 21 (1.17%) Loan IQ
3 19 (1.06%) Aligne
4 17 (0.95%) SAP S/4HANA
5 15 (0.84%) Dynamics CRM
6 14 (0.78%) Aladdin
7 7 (0.39%) EuroRunner
7 7 (0.39%) ION MarketView
7 7 (0.39%) Maximo
8 6 (0.33%) NetSuite
8 6 (0.33%) SAP PM
9 5 (0.28%) Oracle Financials
9 5 (0.28%) SAP ERP
9 5 (0.28%) SAP Hybris
10 4 (0.22%) SAP MDG
10 4 (0.22%) Shopify
11 3 (0.17%) Oracle Procure-to-Pay
11 3 (0.17%) SAP CO
11 3 (0.17%) SAP FI
11 3 (0.17%) Workday HCM
Cloud Services
1 104 (5.80%) Azure
2 88 (4.91%) Power Platform
3 61 (3.40%) AWS
4 40 (2.23%) SaaS
5 29 (1.62%) Azure DevOps
6 23 (1.28%) Dynamics 365
7 14 (0.78%) Microsoft 365
8 11 (0.61%) Miro
8 11 (0.61%) SuccessFactors
9 8 (0.45%) Collibra
9 8 (0.45%) SAP Commerce Cloud
10 7 (0.39%) Entra ID
10 7 (0.39%) Lucidchart
11 6 (0.33%) Google Analytics
11 6 (0.33%) OCI
11 6 (0.33%) PaaS
11 6 (0.33%) Salesforce Commerce Cloud
12 5 (0.28%) Adobe Analytics
12 5 (0.28%) Cloud Computing
12 5 (0.28%) dbt
Communications & Networking
1 11 (0.61%) FIX Connectivity
2 7 (0.39%) WAN
3 6 (0.33%) Radio Access Network
4 3 (0.17%) Internet
4 3 (0.17%) NAS
4 3 (0.17%) SD-WAN
5 2 (0.11%) 4G
5 2 (0.11%) 5G
5 2 (0.11%) Firewall
5 2 (0.11%) WinSCP
6 1 (0.056%) Ethernet
6 1 (0.056%) LTE
6 1 (0.056%) MPLS
6 1 (0.056%) Network Security
6 1 (0.056%) Reverse Proxy
6 1 (0.056%) TCP/IP
6 1 (0.056%) Wi-Fi
Database & Business Intelligence
1 83 (4.63%) Power BI
2 28 (1.56%) Data Warehouse
3 18 (1.00%) Tableau
4 16 (0.89%) Relational Database
5 11 (0.61%) Big Data
6 10 (0.56%) Data Lake
6 10 (0.56%) NoSQL
6 10 (0.56%) SQL Server Integration Services
7 9 (0.50%) Metadata
8 8 (0.45%) SAP HANA
9 7 (0.39%) Geospatial Data
10 6 (0.33%) SQL Server
11 5 (0.28%) Apache Arrow
11 5 (0.28%) BusinessObjects Business Intelligence
11 5 (0.28%) Dremio
11 5 (0.28%) Electronic Patient Records
12 4 (0.22%) GIS
12 4 (0.22%) RDBMS
12 4 (0.22%) SQL Server Analysis Services
12 4 (0.22%) SQL Server Reporting Services
Development Applications
1 127 (7.08%) JIRA
2 14 (0.78%) Eclipse
3 11 (0.61%) Postman
3 11 (0.61%) SoapUI
4 8 (0.45%) TeamCity
5 7 (0.39%) PyCharm
6 1 (0.056%) Balsamiq
6 1 (0.056%) Jenkins
6 1 (0.056%) Visual Studio Team System
General
1 551 (30.73%) Finance
2 483 (26.94%) Social Skills
3 250 (13.94%) Banking
4 226 (12.60%) Analytical Skills
5 137 (7.64%) Public Sector
6 98 (5.47%) Front Office
7 93 (5.19%) Inclusion and Diversity
8 76 (4.24%) Investment Banking
9 72 (4.02%) Manufacturing
10 68 (3.79%) Presentation Skills
11 50 (2.79%) Retail
12 41 (2.29%) Back Office
12 41 (2.29%) Marketing
13 37 (2.06%) Influencing Skills
13 37 (2.06%) Pharmaceutical
14 29 (1.62%) Telecoms
15 26 (1.45%) Legal
16 24 (1.34%) Local Government
17 19 (1.06%) Documentation Skills
17 19 (1.06%) Organisational Skills
Libraries, Frameworks & Software Standards
1 23 (1.28%) XML
2 16 (0.89%) FIX Protocol
3 13 (0.73%) JSON
4 10 (0.56%) SOAP
4 10 (0.56%) Web Services
5 9 (0.50%) .NET
6 8 (0.45%) Oracle Fusion
7 7 (0.39%) SAP PI
8 4 (0.22%) ADO
8 4 (0.22%) OAuth
8 4 (0.22%) SailPoint
8 4 (0.22%) VML
9 3 (0.17%) HTML
10 2 (0.11%) EDI
10 2 (0.11%) JSON Schema
10 2 (0.11%) OAuth2
10 2 (0.11%) OpenID
10 2 (0.11%) React
10 2 (0.11%) RESTful
10 2 (0.11%) SwiftUI
Miscellaneous
1 138 (7.70%) Product Ownership
2 66 (3.68%) Derivative
3 57 (3.18%) Fixed Income
4 56 (3.12%) Foreign Exchange (FX)
5 50 (2.79%) Equities
6 38 (2.12%) Hedge funds
7 37 (2.06%) Onboarding
8 31 (1.73%) Management Information System
9 30 (1.67%) SWIFT Messaging Network
10 25 (1.39%) Data Protection Act
10 25 (1.39%) Renewable Energy
11 24 (1.34%) Mobile App
11 24 (1.34%) Reinsurance
12 16 (0.89%) Self-Motivation
13 14 (0.78%) Greenfield Project
13 14 (0.78%) Legacy Systems
14 13 (0.73%) IoT
14 13 (0.73%) Solar Panel
15 12 (0.67%) Market Risk
16 10 (0.56%) Learning Management System
Operating Systems
1 17 (0.95%) Windows
2 11 (0.61%) Unix
3 6 (0.33%) Windows 10
4 4 (0.22%) Apple iOS
5 3 (0.17%) Android
5 3 (0.17%) VMS
5 3 (0.17%) Windows Server
6 2 (0.11%) Linux
6 2 (0.11%) Windows 7
6 2 (0.11%) Windows Server 2008
7 1 (0.056%) Windows Server 2012
Processes & Methodologies
1 496 (27.66%) Agile
2 438 (24.43%) Business Analysis
3 316 (17.62%) Requirements Gathering
4 307 (17.12%) Stakeholder Management
5 280 (15.62%) User Stories
6 188 (10.49%) Problem-Solving
7 170 (9.48%) Workshop Facilitation
8 167 (9.31%) Project Management
9 164 (9.15%) User Acceptance Testing
10 153 (8.53%) Migration
11 137 (7.64%) GAP Analysis
12 136 (7.59%) Acceptance Criteria
13 133 (7.42%) Data Analysis
14 125 (6.97%) Scrum
15 124 (6.92%) Change Management
16 109 (6.08%) ERP
17 108 (6.02%) Use Case
18 101 (5.63%) Business Intelligence
19 97 (5.41%) Asset Management
19 97 (5.41%) Process Improvement
Programming Languages
1 200 (11.15%) SQL
2 61 (3.40%) Python
3 21 (1.17%) Java
4 17 (0.95%) JavaScript
5 7 (0.39%) C#
5 7 (0.39%) Groovy
6 6 (0.33%) PL/SQL
7 5 (0.28%) XPath
7 5 (0.28%) XQuery
8 4 (0.22%) VBA
9 3 (0.17%) R
10 1 (0.056%) JCL
10 1 (0.056%) Shell Script
10 1 (0.056%) T-SQL
Qualifications
1 193 (10.76%) Degree
2 100 (5.58%) Security Cleared
3 80 (4.46%) SC Cleared
4 23 (1.28%) BPSS Clearance
4 23 (1.28%) CBAP
5 21 (1.17%) IIBA
6 10 (0.56%) Master's Degree
7 9 (0.50%) ACCA
7 9 (0.50%) CIMA
7 9 (0.50%) DV Cleared
7 9 (0.50%) ISEB
8 8 (0.45%) Computer Science Degree
9 7 (0.39%) Numerate Degree
9 7 (0.39%) PMI Certification
10 5 (0.28%) ITIL Certification
10 5 (0.28%) Microsoft Certification
11 4 (0.22%) CSPO
11 4 (0.22%) MBA
12 3 (0.17%) HNC
13 2 (0.11%) MCSD
Quality Assurance & Compliance
1 82 (4.57%) QA
2 49 (2.73%) Data Quality
3 36 (2.01%) GDPR
4 33 (1.84%) EMIR
5 32 (1.78%) MiFID
6 22 (1.23%) GxP
7 20 (1.12%) SEPA
8 19 (1.06%) Good Clinical Practice
9 16 (0.89%) PMO
10 14 (0.78%) PCI DSS
11 10 (0.56%) Dodd-Frank
12 9 (0.50%) ISO 20022
13 6 (0.33%) Actionable Recommendations
13 6 (0.33%) ISO/IEC 27001
14 5 (0.28%) SLA
15 4 (0.22%) Accessibility
16 3 (0.17%) Disclosure Scotland
16 3 (0.17%) GRC
16 3 (0.17%) NIST
16 3 (0.17%) PSD2
System Software
1 12 (0.67%) Active Directory
2 3 (0.17%) Virtual Servers
3 2 (0.11%) HDFS
4 1 (0.056%) Hyper-V
4 1 (0.056%) Virtual Desktop
4 1 (0.056%) VMware Infrastructure
4 1 (0.056%) VMware NSX
4 1 (0.056%) vSphere
Systems Management
1 4 (0.22%) ZABBIX
2 3 (0.17%) Microsoft Intune
3 2 (0.11%) Single Sign-On
Vendors
1 100 (5.58%) Microsoft
2 97 (5.41%) SAP
3 52 (2.90%) Salesforce
4 50 (2.79%) Oracle
5 42 (2.34%) ServiceNow
6 39 (2.18%) Bloomberg
7 18 (1.00%) OpenLink
8 14 (0.78%) Guidewire
9 13 (0.73%) Adobe
9 13 (0.73%) ION Trading
9 13 (0.73%) Workday
10 12 (0.67%) BISAM
11 11 (0.61%) Murex
12 10 (0.56%) Ariba
12 10 (0.56%) MarketAxess
12 10 (0.56%) Tradeweb
13 9 (0.50%) Cadence
13 9 (0.50%) Google
13 9 (0.50%) Refinitiv
14 7 (0.39%) Pega