Period
to 15 November 2018

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 15 November 2018 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
15 Nov 2018
Same period 2017 Same period 2016
Rank 870 887 899
Rank change year-on-year +17 +12 -15
Contract jobs citing CCAB 8 8 8
As % of all contract IT jobs advertised in the UK 0.008% 0.008% 0.008%
As % of the Qualifications category 0.041% 0.041% 0.036%
Number of daily rates quoted 4 4 5
UK median daily rate £483 £488 £600
Median daily rate % change year-on-year -1.03% -18.75% +33.33%
UK excluding London median daily rate £480 £475 £600
% change year-on-year +1.05% -20.83% +33.33%
Number of hourly rates quoted 0 2 1
UK median hourly rate - £18.45 £25.00
Median hourly rate % change year-on-year - -26.22% -44.44%
UK excluding London median hourly rate - £18.45 -

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 19,498 19,372 22,281
As % of all contract IT jobs advertised in the UK 18.72% 18.80% 20.94%
Number of daily rates quoted 11,524 11,844 13,862
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £250 £220 £240
90th Percentile £625 £600 £588
UK excluding London median daily rate £423 £400 £388
% change year-on-year +5.63% +3.23% +1.17%
Number of hourly rates quoted 956 930 868
UK median hourly rate £25.00 £26.50 £26.00
Median hourly rate % change year-on-year -5.66% +1.92% +5.05%
10th Percentile £12.65 £12.00 £12.25
90th Percentile £51.00 £50.00 £49.19
UK excluding London median hourly rate £26.35 £28.62 £27.00
% change year-on-year -7.91% +5.98% +8.00%

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 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 8 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 15 November 2018. 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 +12 8 £483 -1.03% 4
London +22 4 £485 -11.82%
UK excluding London -21 4 £480 +1.05% 4
North of England - 2 £480 - 3
Yorkshire - 2 £480 - 2
East Midlands +5 1 - - 1
Midlands -7 1 - - 1
South East -21 1 - -

For the 6 months to 15 November 2018, IT contractor jobs citing CCAB 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 with a requirement for CCAB.

1 8 (100.00%) Finance
2 7 (87.50%) Management Information System
2 7 (87.50%) Oracle
3 5 (62.50%) Microsoft Excel
4 4 (50.00%) ERP
4 4 (50.00%) Hyperion
4 4 (50.00%) Microsoft Office
4 4 (50.00%) Oracle Reports
4 4 (50.00%) Validation
4 4 (50.00%) Migration
4 4 (50.00%) User Acceptance Testing
4 4 (50.00%) Data Migration
4 4 (50.00%) Oracle Fusion
4 4 (50.00%) Data Reconciliation
4 4 (50.00%) Analytical Skills
4 4 (50.00%) Budgeting and Forecasting
4 4 (50.00%) Decision-Making
5 3 (37.50%) CIMA
5 3 (37.50%) General Ledger
6 2 (25.00%) IFRS
7 1 (12.50%) Cash Management
7 1 (12.50%) Functional Testing
7 1 (12.50%) Non-Functional Testing
7 1 (12.50%) BPSS Clearance
7 1 (12.50%) Disclosure Scotland
7 1 (12.50%) Oracle Assets
7 1 (12.50%) Master's Degree
7 1 (12.50%) Accounts Payable
7 1 (12.50%) Accounts Receivable
7 1 (12.50%) Exploratory Testing

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 5 (62.50%) Microsoft Excel
2 4 (50.00%) Microsoft Office
Business Applications
1 1 (12.50%) Oracle Assets
1 1 (12.50%) Oracle Financials
Database & Business Intelligence
1 4 (50.00%) Oracle Reports
General
1 8 (100.00%) Finance
2 3 (37.50%) General Ledger
3 1 (12.50%) Banking
Job Titles
1 3 (37.50%) Accountant
1 3 (37.50%) Oracle Specialist
2 2 (25.00%) Management Accountant
3 1 (12.50%) Consultant
3 1 (12.50%) Oracle Consultant
3 1 (12.50%) Project Consultant
3 1 (12.50%) Tester
Libraries, Frameworks & Software Standards
1 4 (50.00%) Oracle Fusion
Miscellaneous
1 7 (87.50%) Management Information System
2 4 (50.00%) Analytical Skills
Processes & Methodologies
1 4 (50.00%) Budgeting and Forecasting
1 4 (50.00%) Data Migration
1 4 (50.00%) Data Reconciliation
1 4 (50.00%) Decision-Making
1 4 (50.00%) ERP
1 4 (50.00%) Migration
1 4 (50.00%) User Acceptance Testing
1 4 (50.00%) Validation
2 1 (12.50%) Accounts Payable
2 1 (12.50%) Accounts Receivable
2 1 (12.50%) Cash Management
2 1 (12.50%) Exploratory Testing
2 1 (12.50%) Functional Testing
2 1 (12.50%) Non-Functional Testing
2 1 (12.50%) Project Management
Qualifications
1 3 (37.50%) CIMA
2 1 (12.50%) BPSS Clearance
2 1 (12.50%) Degree
2 1 (12.50%) Master's Degree
Quality Assurance & Compliance
1 2 (25.00%) IFRS
2 1 (12.50%) Disclosure Scotland
Vendors
1 7 (87.50%) Oracle
2 4 (50.00%) Hyperion
3 1 (12.50%) SAP