FRS 29 (IFRS 7) Financial Instruments: Disclosures
UK
The following table provides summary statistics for contract job vacancies with a requirement for FRS 29 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FRS 29 over the 6 months to 25 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 25 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | - | 818 |
| Rank change year-on-year | - | - | - |
| Contract jobs citing FRS 29 | 0 | 0 | 13 |
| As % of all contract jobs advertised in the UK | - | - | 0.015% |
| As % of the Quality Assurance & Compliance category | - | - | 0.11% |
| Number of daily rates quoted | 0 | 0 | 3 |
| 10th Percentile | - | - | £488 |
| 25th Percentile | - | - | £530 |
| Median daily rate (50th Percentile) | - | - | £600 |
| 75th Percentile | - | - | - |
| 90th Percentile | - | - | - |
| UK excluding London median daily rate | - | - | - |
All Quality Assurance and Compliance Skills
UK
FRS 29 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for quality assurance or compliance skills.
| Contract vacancies with a requirement for quality assurance or compliance skills | 6,264 | 8,008 | 11,771 |
| As % of all contract IT jobs advertised in the UK | 14.35% | 13.34% | 13.29% |
| Number of daily rates quoted | 3,961 | 5,483 | 8,038 |
| 10th Percentile | £297 | £275 | £294 |
| 25th Percentile | £405 | £410 | £404 |
| Median daily rate (50th Percentile) | £513 | £525 | £513 |
| Median % change year-on-year | -2.38% | +2.44% | +7.89% |
| 75th Percentile | £625 | £638 | £618 |
| 90th Percentile | £750 | £738 | £706 |
| UK excluding London median daily rate | £490 | £475 | £450 |
| % change year-on-year | +3.16% | +5.56% | +5.88% |
| Number of hourly rates quoted | 378 | 234 | 300 |
| 10th Percentile | £10.95 | £13.16 | £11.75 |
| 25th Percentile | £13.05 | £18.50 | £17.19 |
| Median hourly rate | £20.49 | £37.75 | £28.25 |
| Median % change year-on-year | -45.74% | +33.63% | +34.36% |
| 75th Percentile | £43.75 | £62.00 | £49.25 |
| 90th Percentile | £65.71 | £77.44 | £67.37 |
| UK excluding London median hourly rate | £17.72 | £35.00 | £21.05 |
| % change year-on-year | -49.37% | +66.27% | +0.24% |
FRS 29
Job Vacancy Trend
Job postings citing FRS 29 as a proportion of all IT jobs advertised.
FRS 29
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing FRS 29.