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 7 December 2023 with a comparison to the same period over the previous 2 years.
| 6 months to 7 Dec 2023 |
Same period 2022 | Same period 2021 | |
|---|---|---|---|
| Rank | 2 | 2 | 4 |
| Rank change year-on-year | 0 | +2 | -1 |
| Contract jobs citing Finance | 8,985 | 16,744 | 17,100 |
| As % of all contract jobs advertised in the UK | 20.02% | 21.81% | 19.09% |
| As % of the General category | 33.62% | 36.84% | 35.71% |
| Number of daily rates quoted | 6,212 | 11,444 | 12,273 |
| 10th Percentile | £363 | £385 | £363 |
| 25th Percentile | £463 | £475 | £450 |
| Median daily rate (50th Percentile) | £575 | £575 | £550 |
| Median % change year-on-year | - | +4.55% | +10.00% |
| 75th Percentile | £700 | £700 | £656 |
| 90th Percentile | £800 | £788 | £750 |
| UK excluding London median daily rate | £523 | £525 | £475 |
| % change year-on-year | -0.48% | +10.53% | +5.56% |
| Number of hourly rates quoted | 97 | 110 | 173 |
| 10th Percentile | £14.00 | £15.80 | £11.19 |
| 25th Percentile | £18.93 | £19.14 | £13.74 |
| Median hourly rate | £27.50 | £25.71 | £19.20 |
| Median % change year-on-year | +6.96% | +33.91% | -18.30% |
| 75th Percentile | £49.00 | £52.00 | £40.00 |
| 90th Percentile | £64.25 | £75.03 | £63.00 |
| UK excluding London median hourly rate | £26.25 | £32.50 | £15.86 |
| % change year-on-year | -19.23% | +104.92% | -11.40% |
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 | 26,723 | 45,446 | 47,889 |
| As % of all contract IT jobs advertised in the UK | 59.54% | 59.19% | 53.46% |
| Number of daily rates quoted | 17,712 | 31,074 | 32,877 |
| 10th Percentile | £281 | £315 | £310 |
| 25th Percentile | £420 | £446 | £413 |
| Median daily rate (50th Percentile) | £550 | £550 | £525 |
| Median % change year-on-year | - | +4.76% | +10.53% |
| 75th Percentile | £650 | £663 | £625 |
| 90th Percentile | £750 | £763 | £725 |
| UK excluding London median daily rate | £500 | £500 | £450 |
| % change year-on-year | - | +11.11% | +5.88% |
| Number of hourly rates quoted | 1,106 | 1,212 | 1,428 |
| 10th Percentile | £14.25 | £13.41 | £12.25 |
| 25th Percentile | £16.84 | £16.29 | £13.25 |
| Median hourly rate | £31.86 | £25.00 | £19.52 |
| Median % change year-on-year | +27.42% | +28.07% | -13.24% |
| 75th Percentile | £58.75 | £58.75 | £43.00 |
| 90th Percentile | £71.28 | £70.00 | £58.75 |
| UK excluding London median hourly rate | £30.00 | £22.00 | £17.25 |
| % change year-on-year | +36.36% | +27.54% | -18.05% |
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 7 December 2023.
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 7 December 2023.
Finance
Top 19 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 7 December 2023. 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 | 0 | 7,798 | £586 | -0.26% | 6,287 |
| London | 0 | 5,296 | £600 | - | 3,410 |
| Work from Home | +1 | 3,706 | £575 | - | 3,370 |
| UK excluding London | -1 | 2,751 | £523 | -0.48% | 3,257 |
| North of England | +1 | 722 | £500 | -0.10% | 858 |
| South East | -1 | 642 | £518 | -2.65% | 968 |
| Scotland | 0 | 431 | £500 | - | 250 |
| North West | +1 | 363 | £525 | +5.00% | 506 |
| South West | 0 | 352 | £575 | +4.55% | 354 |
| Yorkshire | 0 | 336 | £488 | -2.50% | 267 |
| Midlands | -1 | 302 | £525 | +5.00% | 488 |
| West Midlands | +4 | 231 | £550 | +10.00% | 319 |
| East of England | +2 | 201 | £513 | +1.99% | 280 |
| East Midlands | -6 | 63 | £489 | +8.67% | 163 |
| Wales | +3 | 58 | £450 | -5.26% | 93 |
| Northern Ireland | 0 | 54 | £420 | -11.58% | 51 |
| North East | +26 | 23 | £525 | -10.06% | 93 |
| Isle of Man | - | 4 | £475 | - | |
| Channel Islands | 0 | 2 | £200 | - | 1 |
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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