Financial
UK
The table below looks at the prevalence of the term Finance in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Finance over the 6 months to 27 April 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 27 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 2 | 2 | 2 |
| Rank change year-on-year | 0 | 0 | +1 |
| Contract jobs citing Finance | 8,120 | 12,827 | 17,944 |
| As % of all contract jobs advertised in the UK | 18.75% | 21.45% | 20.20% |
| As % of the General category | 32.20% | 36.67% | 36.06% |
| Number of daily rates quoted | 5,405 | 9,124 | 12,760 |
| 10th Percentile | £350 | £400 | £375 |
| 25th Percentile | £463 | £488 | £463 |
| Median daily rate (50th Percentile) | £575 | £600 | £575 |
| Median % change year-on-year | -4.17% | +4.35% | +11.38% |
| 75th Percentile | £700 | £725 | £675 |
| 90th Percentile | £813 | £818 | £763 |
| UK excluding London median daily rate | £513 | £525 | £500 |
| % change year-on-year | -2.38% | +5.00% | +11.11% |
| Number of hourly rates quoted | 246 | 107 | 148 |
| 10th Percentile | £12.75 | £18.50 | £13.10 |
| 25th Percentile | £15.25 | £21.24 | £20.69 |
| Median hourly rate | £27.00 | £30.76 | £34.69 |
| Median % change year-on-year | -12.21% | -11.34% | +54.17% |
| 75th Percentile | £38.12 | £50.00 | £49.25 |
| 90th Percentile | £55.46 | £75.00 | £55.63 |
| UK excluding London median hourly rate | £32.12 | £45.00 | £21.50 |
| % change year-on-year | -28.63% | +109.30% | +20.11% |
All General Skills
UK
Finance is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.
| Contract vacancies with a requirement for common skills | 25,217 | 34,983 | 49,764 |
| As % of all contract IT jobs advertised in the UK | 58.24% | 58.49% | 56.02% |
| Number of daily rates quoted | 15,921 | 24,245 | 34,457 |
| 10th Percentile | £270 | £313 | £319 |
| 25th Percentile | £413 | £440 | £425 |
| Median daily rate (50th Percentile) | £525 | £550 | £533 |
| Median % change year-on-year | -4.55% | +3.29% | +7.58% |
| 75th Percentile | £650 | £675 | £650 |
| 90th Percentile | £763 | £775 | £750 |
| UK excluding London median daily rate | £496 | £500 | £475 |
| % change year-on-year | -0.90% | +5.26% | +11.76% |
| Number of hourly rates quoted | 1,927 | 1,077 | 1,444 |
| 10th Percentile | £12.78 | £13.46 | £12.50 |
| 25th Percentile | £15.48 | £18.13 | £14.75 |
| Median hourly rate | £29.00 | £35.00 | £21.50 |
| Median % change year-on-year | -17.14% | +62.79% | -4.44% |
| 75th Percentile | £51.75 | £61.25 | £46.13 |
| 90th Percentile | £65.00 | £72.50 | £58.00 |
| UK excluding London median hourly rate | £27.51 | £30.54 | £18.50 |
| % change year-on-year | -9.93% | +65.08% | -7.50% |
Finance
Job Vacancy Trend
Job postings citing Finance as a proportion of all IT jobs advertised.
Finance
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Finance.
Finance
Daily Rate Histogram
Daily rate distribution for jobs citing Finance over the 6 months to 27 April 2024.
Finance
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Finance.
Finance
Hourly Rate Histogram
Hourly rate distribution of jobs citing Finance over the 6 months to 27 April 2024.
Finance
Top 18 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Finance within the UK over the 6 months to 27 April 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 | -1 | 7,077 | £588 | -2.08% | 5,501 |
| London | 0 | 4,697 | £600 | -4.00% | 2,778 |
| Work from Home | +1 | 3,336 | £600 | +2.39% | 2,295 |
| UK excluding London | +1 | 2,592 | £513 | -2.38% | 3,005 |
| South East | -3 | 643 | £509 | -3.05% | 692 |
| North of England | 0 | 618 | £500 | -4.76% | 750 |
| Scotland | 0 | 379 | £488 | -2.50% | 270 |
| North West | +5 | 364 | £500 | - | 475 |
| Midlands | +4 | 348 | £550 | +10.00% | 520 |
| South West | +2 | 342 | £570 | +3.64% | 412 |
| West Midlands | +4 | 257 | £550 | +8.64% | 342 |
| Yorkshire | -2 | 231 | £500 | -9.09% | 204 |
| East of England | +5 | 216 | £525 | +0.96% | 296 |
| East Midlands | +4 | 82 | £581 | +27.75% | 177 |
| Northern Ireland | -1 | 32 | £443 | -1.67% | 74 |
| Wales | -8 | 21 | £538 | +7.50% | 90 |
| North East | +9 | 19 | £500 | -16.67% | 76 |
| Isle of Man | 0 | 8 | £388 | -19.27% | 6 |
Finance
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:
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