Fault Analysis Contracts

Fault Analysis
UK

The following table provides summary statistics for contract job vacancies with a requirement for Fault Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fault Analysis over the 6 months to 5 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank - 709 854
Rank change year-on-year - +145 -159
Contract jobs citing Fault Analysis 0 7 9
As % of all contract jobs advertised in the UK - 0.012% 0.010%
As % of the Processes & Methodologies category - 0.013% 0.011%
Number of daily rates quoted 0 1 5
10th Percentile - - £148
25th Percentile - £213 £160
Median daily rate (50th Percentile) - £225 £225
Median % change year-on-year - - -18.92%
75th Percentile - £238 £338
90th Percentile - - £428
UK excluding London median daily rate - £225 £140
% change year-on-year - +60.71% +7.69%
Number of hourly rates quoted 0 4 2
10th Percentile - £22.33 £18.65
25th Percentile - £28.06 £18.88
Median hourly rate - £32.50 £19.50
Median % change year-on-year - +66.67% +8.33%
75th Percentile - £35.31 £19.88
90th Percentile - £38.13 £19.95
UK excluding London median hourly rate - £19.00 £20.00
% change year-on-year - -5.00% +14.29%

All Process and Methodology Skills
UK

Fault Analysis is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,268 53,074 80,383
As % of all contract IT jobs advertised in the UK 86.35% 89.85% 90.59%
Number of daily rates quoted 24,016 36,805 56,451
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,439 1,749 1,911
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.50
Median hourly rate £35.95 £35.80 £25.00
Median % change year-on-year +0.42% +43.20% +2.04%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -6.98%

Fault Analysis
Job Vacancy Trend

Job postings citing Fault Analysis as a proportion of all IT jobs advertised.

Job vacancy trend for Fault Analysis in the UK

Fault Analysis
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Fault Analysis.

Daily rate trend for Fault Analysis in the UK

Fault Analysis
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Fault Analysis.

Hourly rate trend for Fault Analysis in the UK