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 7 May 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
7 May 2024
Same period 2023 Same period 2022
Rank 42 40 35
Rank change year-on-year -2 -5 +19
Contract jobs requiring a Business Analyst 1,853 3,013 5,314
As % of all contract jobs advertised in the UK 4.33% 5.19% 6.04%
As % of the Job Titles category 4.67% 5.48% 6.33%
Number of daily rates quoted 1,289 2,205 3,959
10th Percentile £375 £400 £375
25th Percentile £440 £440 £420
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +9.89%
75th Percentile £625 £600 £585
90th Percentile £725 £700 £656
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 8 14 13
10th Percentile - £20.78 £18.60
25th Percentile £20.77 £29.74 £22.40
Median hourly rate £25.25 £60.25 £26.27
Median % change year-on-year -58.09% +129.35% -27.61%
75th Percentile £50.00 £64.69 £43.50
90th Percentile £57.50 £68.50 £53.60
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 39,719 54,978 83,963
% of contract IT jobs with a recognized job title 92.74% 94.64% 95.46%
Number of daily rates quoted 25,839 38,395 59,001
10th Percentile £280 £313 £313
25th Percentile £410 £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 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,655 1,545 2,052
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.25 £15.63
Median hourly rate £36.50 £45.00 £23.91
Median % change year-on-year -18.89% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.74 £76.40 £63.75
UK excluding London median hourly rate £40.00 £42.50 £19.52
% change year-on-year -5.88% +117.73% +2.74%

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 7 May 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 7 May 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 7 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
England -4 1,582 £550 +4.76% 382
London +1 1,084 £575 +4.55% 196
Work from Home +5 783 £550 +10.00% 157
UK excluding London -21 571 £450 -5.26% 190
North of England -11 188 £475 -2.06% 64
South East -27 117 £475 - 41
Scotland +12 100 £450 +5.63% 6
North West -10 100 £475 +2.70% 29
Yorkshire -11 76 £475 -5.00% 29
Midlands -27 76 £450 -5.26% 38
East of England -11 48 £425 -12.82% 16
West Midlands -39 47 £450 -5.26% 25
South West -45 33 £513 -2.38% 15
East Midlands +15 27 £425 -8.11% 13
North East +12 11 £475 -5.00% 6
Wales +2 8 £420 -11.58% 3
Northern Ireland -3 4 £368 -10.91% 9

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

For the 6 months to 7 May 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.

1 556 (30.01%) Finance
2 502 (27.09%) Social Skills
3 501 (27.04%) Agile
4 441 (23.80%) Business Analysis
5 318 (17.16%) Requirements Gathering
6 307 (16.57%) Stakeholder Management
7 280 (15.11%) User Stories
8 258 (13.92%) Banking
9 245 (13.22%) Analytical Skills
10 214 (11.55%) Degree
11 203 (10.96%) Problem-Solving
12 195 (10.52%) SQL
13 169 (9.12%) Project Management
14 160 (8.63%) Workshop Facilitation
15 157 (8.47%) User Acceptance Testing
16 147 (7.93%) Migration
16 147 (7.93%) Public Sector
17 145 (7.83%) Data Analysis
18 140 (7.56%) Product Ownership
19 134 (7.23%) Scrum
20 131 (7.07%) Change Management
21 129 (6.96%) Acceptance Criteria
22 126 (6.80%) GAP Analysis
23 119 (6.42%) JIRA
24 112 (6.04%) Microsoft
25 110 (5.94%) ERP
26 108 (5.83%) SAP
26 108 (5.83%) Security Cleared
27 107 (5.77%) Azure
28 105 (5.67%) Business Intelligence

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 70 (3.78%) Confluence
2 37 (2.00%) SharePoint
3 10 (0.54%) MTS
4 6 (0.32%) Adobe Experience Manager
5 5 (0.27%) CMS
6 4 (0.22%) Microsoft Exchange
7 3 (0.16%) Apache
7 3 (0.16%) ArcGIS
7 3 (0.16%) SAS
8 2 (0.11%) Apache Spark
9 1 (0.054%) Apache Airflow
9 1 (0.054%) LiveLink
9 1 (0.054%) SharePoint 2013
Applications
1 82 (4.43%) MS Visio
2 80 (4.32%) Microsoft Excel
3 51 (2.75%) Microsoft PowerPoint
4 42 (2.27%) Microsoft Office
5 8 (0.43%) Spreadsheet
6 7 (0.38%) Microsoft Project
7 4 (0.22%) Chatbot
8 3 (0.16%) Trello
9 1 (0.054%) InVision
9 1 (0.054%) Sketch
9 1 (0.054%) SPSS
Business Applications
1 50 (2.70%) Endur
2 25 (1.35%) Loan IQ
3 21 (1.13%) Aligne
4 20 (1.08%) SAP S/4HANA
5 17 (0.92%) Dynamics CRM
6 15 (0.81%) Aladdin
7 10 (0.54%) EuroRunner
8 9 (0.49%) ION MarketView
9 7 (0.38%) NetSuite
9 7 (0.38%) SAP PM
10 5 (0.27%) Oracle Financials
10 5 (0.27%) SAP Hybris
11 4 (0.22%) Salesforce CRM
11 4 (0.22%) SAP MDG
11 4 (0.22%) Shopify
12 3 (0.16%) Magento
12 3 (0.16%) Maximo
12 3 (0.16%) Oracle Procure-to-Pay
12 3 (0.16%) SAP ERP
13 2 (0.11%) Remedy ITSM
Cloud Services
1 107 (5.77%) Azure
2 87 (4.70%) Power Platform
3 66 (3.56%) AWS
4 39 (2.10%) SaaS
5 31 (1.67%) Azure DevOps
6 26 (1.40%) Dynamics 365
7 15 (0.81%) Microsoft 365
8 13 (0.70%) SuccessFactors
9 8 (0.43%) Cloud Computing
9 8 (0.43%) Collibra
9 8 (0.43%) Miro
9 8 (0.43%) SAP Commerce Cloud
10 7 (0.38%) 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%) Entra ID
12 5 (0.27%) Google Analytics
12 5 (0.27%) IBM Blueworks
Communications & Networking
1 14 (0.76%) FIX Connectivity
2 6 (0.32%) Radio Access Network
3 3 (0.16%) Internet
3 3 (0.16%) Intranet
3 3 (0.16%) NAS
3 3 (0.16%) SD-WAN
3 3 (0.16%) WAN
4 2 (0.11%) 4G
4 2 (0.11%) 5G
4 2 (0.11%) Firewall
4 2 (0.11%) WinSCP
5 1 (0.054%) Ethernet
5 1 (0.054%) Intrusion Detection
5 1 (0.054%) LTE
5 1 (0.054%) MPLS
5 1 (0.054%) Network Security
5 1 (0.054%) Reverse Proxy
5 1 (0.054%) Wireless
Database & Business Intelligence
1 82 (4.43%) Power BI
2 34 (1.83%) Data Warehouse
3 19 (1.03%) Tableau
4 15 (0.81%) Relational Database
5 9 (0.49%) Data Lake
5 9 (0.49%) Metadata
5 9 (0.49%) NoSQL
5 9 (0.49%) SQL Server Integration Services
6 8 (0.43%) Big Data
6 8 (0.43%) Geospatial Data
6 8 (0.43%) SAP HANA
6 8 (0.43%) SQL Server
7 7 (0.38%) Electronic Patient Records
8 5 (0.27%) BusinessObjects Business Intelligence
9 4 (0.22%) Data Mart
9 4 (0.22%) PostgreSQL
9 4 (0.22%) SQL Server Analysis Services
9 4 (0.22%) SQL Server Reporting Services
10 3 (0.16%) GIS
10 3 (0.16%) RDBMS
Development Applications
1 119 (6.42%) JIRA
2 15 (0.81%) Eclipse
3 11 (0.59%) TeamCity
4 10 (0.54%) Postman
4 10 (0.54%) SoapUI
5 7 (0.38%) PyCharm
6 2 (0.11%) Balsamiq
7 1 (0.054%) Rational Software Modeler
7 1 (0.054%) Visual Studio Team System
General
1 556 (30.01%) Finance
2 502 (27.09%) Social Skills
3 258 (13.92%) Banking
4 245 (13.22%) Analytical Skills
5 147 (7.93%) Public Sector
6 104 (5.61%) Front Office
7 92 (4.96%) Inclusion and Diversity
8 77 (4.16%) Investment Banking
9 72 (3.89%) Manufacturing
10 68 (3.67%) Presentation Skills
11 56 (3.02%) Retail
12 50 (2.70%) Back Office
13 43 (2.32%) Marketing
14 37 (2.00%) Influencing Skills
15 36 (1.94%) Pharmaceutical
16 28 (1.51%) Legal
17 26 (1.40%) Telecoms
18 23 (1.24%) Local Government
19 20 (1.08%) Organisational Skills
20 18 (0.97%) Documentation Skills
Libraries, Frameworks & Software Standards
1 24 (1.30%) XML
2 22 (1.19%) FIX Protocol
3 14 (0.76%) JSON
4 11 (0.59%) Web Services
5 9 (0.49%) SOAP
6 8 (0.43%) .NET
7 7 (0.38%) Oracle Fusion
7 7 (0.38%) SAP PI
8 6 (0.32%) SailPoint
9 5 (0.27%) Apache Camel
10 4 (0.22%) ADO
10 4 (0.22%) OAuth
10 4 (0.22%) VML
11 3 (0.16%) HTML
12 2 (0.11%) Middleware
12 2 (0.11%) OAuth2
12 2 (0.11%) OpenID
13 1 (0.054%) AngularJS
13 1 (0.054%) Kafka
13 1 (0.054%) REST
Miscellaneous
1 140 (7.56%) Product Ownership
2 66 (3.56%) Derivative
3 57 (3.08%) Fixed Income
4 56 (3.02%) Foreign Exchange (FX)
5 50 (2.70%) Equities
6 36 (1.94%) Onboarding
7 35 (1.89%) Hedge funds
8 32 (1.73%) Management Information System
9 31 (1.67%) SWIFT Messaging Network
10 26 (1.40%) Data Protection Act
11 25 (1.35%) Renewable Energy
12 24 (1.30%) Reinsurance
13 22 (1.19%) Mobile App
14 19 (1.03%) Market Risk
15 18 (0.97%) Self-Motivation
16 16 (0.86%) IoT
17 15 (0.81%) Greenfield Project
18 14 (0.76%) Solar Panel
19 13 (0.70%) Analytical Mindset
19 13 (0.70%) Learning Management System
Operating Systems
1 23 (1.24%) Windows
2 17 (0.92%) Unix
3 7 (0.38%) Linux
4 5 (0.27%) Apple iOS
5 4 (0.22%) Windows 10
5 4 (0.22%) Windows Server
6 3 (0.16%) Mac OS
6 3 (0.16%) VMS
7 2 (0.11%) Windows 7
7 2 (0.11%) Windows Server 2008
7 2 (0.11%) Windows Server 2012
8 1 (0.054%) Android
Processes & Methodologies
1 501 (27.04%) Agile
2 441 (23.80%) Business Analysis
3 318 (17.16%) Requirements Gathering
4 307 (16.57%) Stakeholder Management
5 280 (15.11%) User Stories
6 203 (10.96%) Problem-Solving
7 169 (9.12%) Project Management
8 160 (8.63%) Workshop Facilitation
9 157 (8.47%) User Acceptance Testing
10 147 (7.93%) Migration
11 145 (7.83%) Data Analysis
12 134 (7.23%) Scrum
13 131 (7.07%) Change Management
14 129 (6.96%) Acceptance Criteria
15 126 (6.80%) GAP Analysis
16 110 (5.94%) ERP
17 105 (5.67%) Business Intelligence
18 103 (5.56%) Use Case
19 98 (5.29%) Process Improvement
20 93 (5.02%) Roadmaps
Programming Languages
1 195 (10.52%) SQL
2 51 (2.75%) Python
3 26 (1.40%) Java
4 16 (0.86%) JavaScript
5 7 (0.38%) Groovy
6 6 (0.32%) C#
7 5 (0.27%) PL/SQL
7 5 (0.27%) VBA
7 5 (0.27%) XPath
7 5 (0.27%) XQuery
8 3 (0.16%) R
9 1 (0.054%) Data Analysis Expressions
9 1 (0.054%) JCL
9 1 (0.054%) Shell Script
Qualifications
1 214 (11.55%) Degree
2 108 (5.83%) Security Cleared
3 85 (4.59%) SC Cleared
4 30 (1.62%) BPSS Clearance
5 23 (1.24%) CBAP
6 20 (1.08%) IIBA
7 14 (0.76%) DV Cleared
8 11 (0.59%) ISEB
9 9 (0.49%) Master's Degree
10 8 (0.43%) ACCA
10 8 (0.43%) CIMA
11 7 (0.38%) Computer Science Degree
11 7 (0.38%) CSPO
11 7 (0.38%) Numerate Degree
12 6 (0.32%) PMI Certification
13 5 (0.27%) ITIL Certification
13 5 (0.27%) Microsoft Certification
14 3 (0.16%) HNC
14 3 (0.16%) MBA
15 2 (0.11%) MCSA
Quality Assurance & Compliance
1 95 (5.13%) QA
2 49 (2.64%) Data Quality
3 37 (2.00%) GDPR
4 36 (1.94%) EMIR
5 35 (1.89%) MiFID
6 22 (1.19%) GxP
7 20 (1.08%) SEPA
8 19 (1.03%) Good Clinical Practice
9 16 (0.86%) PMO
10 14 (0.76%) Dodd-Frank
11 12 (0.65%) PCI DSS
12 8 (0.43%) ISO 20022
13 6 (0.32%) Actionable Recommendations
13 6 (0.32%) ISO/IEC 27001
14 5 (0.27%) Accessibility
15 4 (0.22%) Basel III
15 4 (0.22%) Disclosure Scotland
15 4 (0.22%) NIST
15 4 (0.22%) SLA
16 3 (0.16%) GRC
System Software
1 10 (0.54%) Active Directory
2 3 (0.16%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.054%) Hyper-V
4 1 (0.054%) VMware Infrastructure
4 1 (0.054%) VMware NSX
4 1 (0.054%) vSphere
Systems Management
1 4 (0.22%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Single Sign-On
3 1 (0.054%) Microsoft Intune
3 1 (0.054%) SCCM
Vendors
1 112 (6.04%) Microsoft
2 108 (5.83%) SAP
3 56 (3.02%) Oracle
4 47 (2.54%) Salesforce
5 42 (2.27%) Bloomberg
6 36 (1.94%) ServiceNow
7 22 (1.19%) OpenLink
8 16 (0.86%) ION Trading
9 14 (0.76%) Adobe
10 13 (0.70%) MarketAxess
10 13 (0.70%) Tradeweb
10 13 (0.70%) Workday
11 12 (0.65%) BISAM
12 11 (0.59%) Murex
13 9 (0.49%) Cadence
13 9 (0.49%) Refinitiv
14 8 (0.43%) Ariba
14 8 (0.43%) Guidewire
15 7 (0.38%) Calypso
15 7 (0.38%) IBM