Period
to 19 November 2017

The median contractor rate for a Functional Analyst was £450 per day in advertised job vacancies during the 6 months to 19 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Functional Analyst
UK
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 758 806 778
Rank change year-on-year +48 -28 -60
Contract jobs requiring a Functional Analyst 117 90 114
As % of all contract IT jobs advertised in the UK 0.12% 0.086% 0.099%
As % of the Job Titles category 0.12% 0.091% 0.10%
Number of daily rates quoted 91 51 62
UK median daily rate £450 £410 £344
Median daily rate % change year-on-year +9.76% +19.27% -19.12%
10th Percentile £275 £200 £158
90th Percentile £575 £538 £571
UK excluding London median daily rate £425 £410 £338
% change year-on-year +3.66% +21.48% -
Number of hourly rates quoted 0 1 0
UK median hourly rate - £43.00 -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and includes 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.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 96141 99356 108750
% of contract IT jobs with a recognized job title 94.81% 94.76% 94.89%
Number of daily rates quoted 63392 64835 69190
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £392 £375
% change year-on-year +2.17% +4.41% +3.73%
Number of hourly rates quoted 2869 3292 4137
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.38 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Functional Analyst
Job Vacancy Trend

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

Job vacancy trend for Functional Analyst in the UK

Functional Analyst
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Functional Analyst.

Contractor daily rate trend for Functional Analyst in the UK

Functional Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Functional Analyst over the 6 months to 19 November 2017.

Contractor daily rate histogram for Functional Analyst in the UK

Functional Analyst
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Functional Analyst.

Contractor hourly rate trend for Functional Analyst in the UK

Functional Analyst
Top 14 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 19 November 2017. 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
Job
Vacancies
England +49 112 £450 +9.76% 3
UK excluding London +36 60 £425 +3.66% 3
London -7 55 £450 +15.38%
South West +17 26 £425 +44.07% 1
North of England +57 10 £425 +3.66%
South East +14 10 £443 +36.15% 1
North West - 8 £325 -
East of England -18 7 £450 - 1
Scotland -4 4 - -
Midlands +28 3 £500 +7.53%
West Midlands +28 2 £500 +7.53%
North East +64 1 - -
Yorkshire +21 1 £425 -
East Midlands +10 1 £270 -

Functional Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 19 November 2017, Functional Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Functional Analyst in the job title.

1 62 (52.99%) Finance
2 32 (27.35%) Oracle
3 27 (23.08%) Analytical Skills
4 24 (20.51%) SQL
5 23 (19.66%) SAP
5 23 (19.66%) Banking
5 23 (19.66%) User Acceptance Testing
6 22 (18.80%) Oracle EBS
7 19 (16.24%) CRM
8 18 (15.38%) Functional Testing
9 17 (14.53%) Oracle EBS R12
9 17 (14.53%) ITIL
9 17 (14.53%) Stakeholder Management
10 14 (11.97%) Performance Management
11 13 (11.11%) Data Migration
11 13 (11.11%) Oracle Payables
11 13 (11.11%) Migration
11 13 (11.11%) Business Intelligence
12 12 (10.26%) Data Security
13 11 (9.40%) Agile Software Development
13 11 (9.40%) Security Cleared
14 10 (8.55%) Oracle BI EE
14 10 (8.55%) Equities
14 10 (8.55%) ETL
14 10 (8.55%) Microsoft
15 9 (7.69%) PRINCE2
15 9 (7.69%) Asset Management
15 9 (7.69%) MiFID
15 9 (7.69%) People Management
16 8 (6.84%) SDLC

Functional Analyst Skill Set
Co-occurring IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (1.71%) Confluence
1 2 (1.71%) Oracle Self-Service HR
2 1 (0.85%) BizTalk Server
2 1 (0.85%) SharePoint
Applications
1 2 (1.71%) Microsoft Excel
1 2 (1.71%) Microsoft PowerPoint
2 1 (0.85%) Microsoft Office
2 1 (0.85%) MS Visio
Business Applications
1 22 (18.80%) Oracle EBS
2 17 (14.53%) Oracle EBS R12
3 13 (11.11%) Oracle Payables
4 7 (5.98%) Dynamics AX
5 6 (5.13%) Dynamics CRM
6 5 (4.27%) SAP MM
7 4 (3.42%) SAP FI
7 4 (3.42%) SAP S/4HANA
7 4 (3.42%) SimCorp Dimension
8 3 (2.56%) Oracle Applications
8 3 (2.56%) Oracle HRMS
8 3 (2.56%) Oracle Payroll
8 3 (2.56%) SAP APO
8 3 (2.56%) SAP CO
8 3 (2.56%) SAP FI/CO
9 2 (1.71%) Oracle Financials
9 2 (1.71%) SAP MDM
9 2 (1.71%) SAP PP
9 2 (1.71%) SAP SD
9 2 (1.71%) Workday HCM
Cloud Services
1 1 (0.85%) Dynamics 365
1 1 (0.85%) iPaaS
1 1 (0.85%) Salesforce Sales Cloud
1 1 (0.85%) Salesforce Service Cloud
1 1 (0.85%) SuccessFactors
Communications & Networking
1 1 (0.85%) Intranet
1 1 (0.85%) SMS
Database & Business Intelligence
1 10 (8.55%) Oracle BI EE
2 5 (4.27%) Data Warehouse
3 4 (3.42%) SQL Server
4 3 (2.56%) Data Lake
4 3 (2.56%) SAP HANA
4 3 (2.56%) SQL Server 2008
5 2 (1.71%) SAP Data Services
6 1 (0.85%) Data Mining
6 1 (0.85%) DataStage
6 1 (0.85%) PostgreSQL
6 1 (0.85%) Power BI
6 1 (0.85%) SAP BW
6 1 (0.85%) SQL Server Reporting Services
Development Applications
1 3 (2.56%) JIRA
1 3 (2.56%) LSMW
2 2 (1.71%) SoapUI
3 1 (0.85%) Git (software)
3 1 (0.85%) Jenkins
3 1 (0.85%) JMeter
3 1 (0.85%) TestRail
General
1 62 (52.99%) Finance
2 23 (19.66%) Banking
3 5 (4.27%) Front Office
3 5 (4.27%) Investment Banking
3 5 (4.27%) Manufacturing
4 4 (3.42%) Marketing
4 4 (3.42%) Pharmaceutical
4 4 (3.42%) Retail
5 3 (2.56%) Billing
5 3 (2.56%) Dutch Language
5 3 (2.56%) Electronics
5 3 (2.56%) Telecoms
5 3 (2.56%) Wholesale Banking
6 2 (1.71%) French Language
7 1 (0.85%) Back Office
7 1 (0.85%) Digital Economy
7 1 (0.85%) General Ledger
7 1 (0.85%) Law
7 1 (0.85%) Legal
Libraries, Frameworks & Software Standards
1 4 (3.42%) FIX Protocol
2 3 (2.56%) XML
3 2 (1.71%) EDI
3 2 (1.71%) Kafka
4 1 (0.85%) .NET
4 1 (0.85%) JSON
4 1 (0.85%) REST
4 1 (0.85%) SAP Core Interface
4 1 (0.85%) SOAP
4 1 (0.85%) Web Services
Miscellaneous
1 27 (23.08%) Analytical Skills
2 10 (8.55%) Equities
3 7 (5.98%) Fixed Income
4 4 (3.42%) Computer Science
5 3 (2.56%) AS400
5 3 (2.56%) Data Structures
5 3 (2.56%) Replication
6 2 (1.71%) Credit Risk
6 2 (1.71%) SWIFT
7 1 (0.85%) Derivative
7 1 (0.85%) FMCG
7 1 (0.85%) Foreign Exchange (FX)
7 1 (0.85%) IBM Mainframe
7 1 (0.85%) iPad
7 1 (0.85%) Linux Command Line
7 1 (0.85%) Mainframe
7 1 (0.85%) Management Information System
7 1 (0.85%) Reference Data
7 1 (0.85%) RIA
Operating Systems
1 6 (5.13%) Unix
Processes & Methodologies
1 23 (19.66%) User Acceptance Testing
2 19 (16.24%) CRM
3 18 (15.38%) Functional Testing
4 17 (14.53%) ITIL
4 17 (14.53%) Stakeholder Management
5 14 (11.97%) Performance Management
6 13 (11.11%) Business Intelligence
6 13 (11.11%) Data Migration
6 13 (11.11%) Migration
7 12 (10.26%) Data Security
8 11 (9.40%) Agile Software Development
9 10 (8.55%) ETL
10 9 (7.69%) Asset Management
10 9 (7.69%) People Management
10 9 (7.69%) PRINCE2
11 8 (6.84%) Business Analysis
11 8 (6.84%) SDLC
12 7 (5.98%) Configuration Management
12 7 (5.98%) Data Mapping
13 6 (5.13%) Project Management
Programming Languages
1 24 (20.51%) SQL
2 5 (4.27%) Java
3 4 (3.42%) Perl
3 4 (3.42%) Python
4 3 (2.56%) T-SQL
5 2 (1.71%) ABAP
6 1 (0.85%) R
6 1 (0.85%) X++
6 1 (0.85%) XQuery
Qualifications
1 11 (9.40%) Security Cleared
2 8 (6.84%) Degree
3 6 (5.13%) SC Cleared
4 5 (4.27%) BPSS Clearance
5 3 (2.56%) BC Cleared
6 2 (1.71%) Computer Science Degree
6 2 (1.71%) ISTQB
6 2 (1.71%) SAP Certification
7 1 (0.85%) ISEB
7 1 (0.85%) ISTQB Foundation Certification
7 1 (0.85%) PMI Certification
7 1 (0.85%) PMP
Quality Assurance & Compliance
1 9 (7.69%) MiFID
2 8 (6.84%) ISO 9001
3 7 (5.98%) QA
4 3 (2.56%) Data Quality
4 3 (2.56%) GxP
4 3 (2.56%) Sarbanes-Oxley
5 1 (0.85%) Disclosure Scotland
5 1 (0.85%) PMO
Systems Management
1 2 (1.71%) Packer
2 1 (0.85%) Puppet
Vendors
1 32 (27.35%) Oracle
2 23 (19.66%) SAP
3 10 (8.55%) Microsoft
4 5 (4.27%) IBM
4 5 (4.27%) Workday
5 4 (3.42%) Ariba
5 4 (3.42%) SimCorp
6 3 (2.56%) Salesforce.com
7 1 (0.85%) Avaya
7 1 (0.85%) Aveksa
7 1 (0.85%) Concur
7 1 (0.85%) JD Edwards
7 1 (0.85%) Microgen
7 1 (0.85%) Pegasus
7 1 (0.85%) ServiceNow
7 1 (0.85%) Siebel
7 1 (0.85%) Temenos