Functional Analyst Contracts

Functional Analyst
UK

The median Functional Analyst daily rate in the UK is £603, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 507 542 681
Rank change year-on-year +35 +139 +143
Contract jobs requiring a Functional Analyst 13 40 37
As % of all contract jobs advertised in the UK 0.044% 0.092% 0.062%
As % of the Job Titles category 0.048% 0.099% 0.066%
Number of daily rates quoted 6 24 24
10th Percentile £406 £404 £350
25th Percentile £472 £428 £395
Median daily rate (50th Percentile) £603 £500 £538
Median % change year-on-year +20.60% -6.98% +7.50%
75th Percentile £792 £609 £619
90th Percentile £820 £646 £825
UK excluding London median daily rate £400 £500 £513
% change year-on-year -20.00% -2.44% -10.87%
Number of hourly rates quoted 1 0 0
Median hourly rate £50.00 - -
UK excluding London median hourly rate £50.00 - -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

Functional Analyst
Job Vacancy Trend

Job postings that featured Functional Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Functional Analyst in the UK

Functional Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Functional Analyst.

Daily rate trend for Functional Analyst in the UK

Functional Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Functional Analyst over the 6 months to 1 May 2025.

Daily rate histogram for Functional Analyst in the UK

Functional Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Functional Analyst.

Hourly rate trend for Functional Analyst in the UK

Functional Analyst
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Analyst within the UK over the 6 months to 1 May 2025. 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 +45 10 £763 +43.96% 14
Work from Home +36 8 £603 +34.00% 8
UK excluding London +50 5 £400 -20.00% 10
London +31 5 £820 +57.69% 4
South East +42 1 - - 3
North of England +18 1 - - 4
East of England - 1 £400 -
South West - 1 - - 2
East Midlands - 1 - -
Midlands - 1 - - 1
North West - 1 - - 3

Functional Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 1 May 2025, Functional Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Functional Analyst in the job title.

1 4 (30.77%) Finance
2 3 (23.08%) Oracle
2 3 (23.08%) SAP
2 3 (23.08%) Social Skills
3 2 (15.38%) Translating Business Requirements
3 2 (15.38%) System Testing
3 2 (15.38%) User Stories
3 2 (15.38%) Oracle BI Publisher
3 2 (15.38%) Oracle Financials
3 2 (15.38%) Data Warehouse
3 2 (15.38%) Business Intelligence
3 2 (15.38%) Oracle EBS
3 2 (15.38%) Retail
4 1 (7.69%) Billing
4 1 (7.69%) Investment Banking
4 1 (7.69%) Workflow Management
4 1 (7.69%) Logistics
4 1 (7.69%) Agile
4 1 (7.69%) Banking
4 1 (7.69%) Workflow
4 1 (7.69%) Equities
4 1 (7.69%) Automotive
4 1 (7.69%) Law
4 1 (7.69%) Manufacturing
4 1 (7.69%) Fixed Income
4 1 (7.69%) Murex
4 1 (7.69%) Ariba
4 1 (7.69%) JDA
4 1 (7.69%) Foreign Exchange (FX)
4 1 (7.69%) SAP SD

Functional Analyst Skill Set
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:

Business Applications
1 2 (15.38%) Oracle EBS
1 2 (15.38%) Oracle Financials
2 1 (7.69%) Oracle E-Business Tax
2 1 (7.69%) Oracle FAH
2 1 (7.69%) SAP CAR
2 1 (7.69%) SAP S/4HANA
2 1 (7.69%) SAP SD
Database & Business Intelligence
1 2 (15.38%) Data Warehouse
1 2 (15.38%) Oracle BI Publisher
2 1 (7.69%) Oracle BI EE
Development Applications
1 1 (7.69%) VectorCAST
General
1 4 (30.77%) Finance
2 3 (23.08%) Social Skills
3 2 (15.38%) Retail
4 1 (7.69%) Analytical Skills
4 1 (7.69%) Automotive
4 1 (7.69%) Banking
4 1 (7.69%) Billing
4 1 (7.69%) Investment Banking
4 1 (7.69%) Law
4 1 (7.69%) Manufacturing
Libraries, Frameworks & Software Standards
1 1 (7.69%) Oracle Fusion
Miscellaneous
1 1 (7.69%) Equities
1 1 (7.69%) Fixed Income
1 1 (7.69%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (15.38%) Business Intelligence
1 2 (15.38%) System Testing
1 2 (15.38%) Translating Business Requirements
1 2 (15.38%) User Stories
2 1 (7.69%) Agile
2 1 (7.69%) Business Transformation
2 1 (7.69%) Change Management
2 1 (7.69%) Functional Testing
2 1 (7.69%) Logistics
2 1 (7.69%) Manufacturing Engineering
2 1 (7.69%) Product Management
2 1 (7.69%) Project Management
2 1 (7.69%) Project Planning
2 1 (7.69%) Root Cause Analysis
2 1 (7.69%) SDLC
2 1 (7.69%) Test Automation
2 1 (7.69%) Test Scripting
2 1 (7.69%) User Acceptance Testing
2 1 (7.69%) Workflow
2 1 (7.69%) Workflow Management
Programming Languages
1 1 (7.69%) C
1 1 (7.69%) C#
1 1 (7.69%) C++
1 1 (7.69%) PL/SQL
1 1 (7.69%) SQL
Qualifications
1 1 (7.69%) BPSS Clearance
Systems Management
1 1 (7.69%) Functional Safety
Vendors
1 3 (23.08%) Oracle
1 3 (23.08%) SAP
2 1 (7.69%) Ariba
2 1 (7.69%) IFS
2 1 (7.69%) JDA
2 1 (7.69%) Murex
2 1 (7.69%) Salesforce
2 1 (7.69%) Synopsys