Period
to 22 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for CCAB qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 22 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.

Consultative Committee of Accountancy Bodies (CCAB)
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 879 891 877
Rank change year-on-year +12 -14 -35
Contract jobs citing CCAB 5 8 27
As % of all contract IT jobs advertised in the UK 0.005% 0.008% 0.024%
As % of the Qualifications category 0.026% 0.037% 0.12%
Number of daily rates quoted 3 5 20
UK median daily rate £400 £600 £450
Median daily rate % change year-on-year -33.33% +33.33% +12.50%
10th Percentile £284 £294 £346
90th Percentile £520 £600 £650
UK excluding London median daily rate £255 £600 £450
% change year-on-year -57.50% +33.33% +5.88%
Number of hourly rates quoted 2 1 1
UK median hourly rate £18.45 £25.00 £45.00
Median hourly rate % change year-on-year -26.22% -44.44% -
10th Percentile £17.88 £25.00 £42.50
90th Percentile £19.01 £25.00 £47.50
UK excluding London median hourly rate £18.45 - £45.00

CCAB is in the Academic Qualifications and Professional Certifications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for academic qualifications or professional certifications.

All Academic and Professional Certifications
UK
Contract vacancies requiring academic qualifications or professional certifications 19244 21771 22307
As % of all contract IT jobs advertised in the UK 18.65% 20.65% 19.78%
Number of daily rates quoted 11791 13581 13444
UK median daily rate £425 £413 £400
Median daily rate % change year-on-year +3.03% +3.13% +2.56%
10th Percentile £220 £243 £245
90th Percentile £600 £588 £575
UK excluding London median daily rate £400 £388 £385
% change year-on-year +3.23% +0.65% +5.48%
Number of hourly rates quoted 908 863 1078
UK median hourly rate £26.25 £26.00 £25.00
Median hourly rate % change year-on-year +0.96% +4.00% +31.58%
10th Percentile £12.00 £12.13 £11.94
90th Percentile £50.00 £49.19 £49.50
UK excluding London median hourly rate £27.50 £27.00 £25.00
% change year-on-year +1.85% +8.00% +31.58%

CCAB
Job Vacancy Trend

Job postings citing CCAB as a percentage of all IT jobs advertised.

Job vacancy trend for CCAB in the UK

CCAB
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing CCAB.

Contractor daily rate trend for CCAB in the UK

CCAB
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing CCAB over the 6 months to 22 November 2017.

Contractor daily rate histogram for CCAB in the UK

CCAB
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing CCAB.

Contractor hourly rate trend for CCAB in the UK

CCAB
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing CCAB within the UK over the 6 months to 22 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
England +13 5 £400 -15.79% 2
UK excluding London +29 3 £255 -57.50%
London -31 2 £475 +35.71% 2
Midlands +22 1 - -
South West +6 1 - -
East Midlands -5 1 - -
South East - 1 £255 -

For the 6 months to 22 November 2017, IT contractor jobs citing CCAB also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for CCAB.

1 4 (80.00%) Finance
2 2 (40.00%) Project Management
3 1 (20.00%) Oracle
3 1 (20.00%) Microsoft Office
3 1 (20.00%) SAP
3 1 (20.00%) Postgraduate
3 1 (20.00%) Microsoft Excel
3 1 (20.00%) Microsoft
3 1 (20.00%) Sun
3 1 (20.00%) Hyperion
3 1 (20.00%) Degree
3 1 (20.00%) CTC Cleared
3 1 (20.00%) Security Cleared
3 1 (20.00%) Financial Modelling
3 1 (20.00%) Financial Analysis
3 1 (20.00%) Stakeholder Engagement
3 1 (20.00%) Analytics
3 1 (20.00%) Performance Monitoring
3 1 (20.00%) AAT
3 1 (20.00%) PMO

CCAB
Co-occurring IT Skills 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 (20.00%) Microsoft Excel
1 1 (20.00%) Microsoft Office
General
1 4 (80.00%) Finance
Job Titles
1 1 (20.00%) Accountant
1 1 (20.00%) Analyst
1 1 (20.00%) Business Manager
1 1 (20.00%) Head of Operations
1 1 (20.00%) Management Accountant
1 1 (20.00%) PMO Manager
1 1 (20.00%) Project Manager
1 1 (20.00%) Service Manager
1 1 (20.00%) Systems Accountant
Processes & Methodologies
1 2 (40.00%) Project Management
2 1 (20.00%) Analytics
2 1 (20.00%) Financial Analysis
2 1 (20.00%) Financial Modelling
2 1 (20.00%) Performance Monitoring
2 1 (20.00%) Stakeholder Engagement
Qualifications
1 1 (20.00%) AAT
1 1 (20.00%) CTC Cleared
1 1 (20.00%) Degree
1 1 (20.00%) Postgraduate
1 1 (20.00%) Security Cleared
Quality Assurance & Compliance
1 1 (20.00%) PMO
Vendors
1 1 (20.00%) Hyperion
1 1 (20.00%) Microsoft
1 1 (20.00%) Oracle
1 1 (20.00%) SAP
1 1 (20.00%) Sun