Functional Analyst
UK
The median Functional Analyst daily rate in the UK is £500, according to job vacancies posted in the 6 months leading up to 16 June 2024.
The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.
| 6 months to 16 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 543 | 658 | 820 |
| Rank change year-on-year | +115 | +162 | -148 |
| Contract jobs requiring a Functional Analyst | 41 | 39 | 28 |
| As % of all contract jobs advertised in the UK | 0.094% | 0.070% | 0.032% |
| As % of the Job Titles category | 0.10% | 0.074% | 0.034% |
| Number of daily rates quoted | 26 | 27 | 15 |
| 10th Percentile | £406 | £400 | £414 |
| 25th Percentile | £428 | £419 | £468 |
| Median daily rate (50th Percentile) | £500 | £525 | £520 |
| Median % change year-on-year | -4.76% | +0.96% | +9.47% |
| 75th Percentile | £588 | £600 | £588 |
| 90th Percentile | £644 | £825 | £623 |
| UK excluding London median daily rate | £500 | £500 | £520 |
| % change year-on-year | - | -3.85% | +22.35% |
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 | 40,557 | 52,491 | 83,111 |
| % of contract IT jobs with a recognized job title | 92.86% | 94.51% | 95.34% |
| Number of daily rates quoted | 26,070 | 36,644 | 58,616 |
| 10th Percentile | £280 | £313 | £318 |
| 25th Percentile | £408 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £538 | £525 |
| Median % change year-on-year | -2.42% | +2.48% | +6.06% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £488 | £500 | £475 |
| % change year-on-year | -2.50% | +5.26% | +8.57% |
| Number of hourly rates quoted | 2,936 | 1,486 | 1,938 |
| 10th Percentile | £12.86 | £14.25 | £12.75 |
| 25th Percentile | £16.30 | £19.42 | £15.90 |
| Median hourly rate | £37.50 | £45.00 | £25.00 |
| Median % change year-on-year | -16.67% | +80.00% | +16.28% |
| 75th Percentile | £61.81 | £65.75 | £50.00 |
| 90th Percentile | £73.75 | £77.00 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.08 | £20.00 |
| % change year-on-year | -4.94% | +110.39% | +7.82% |
Functional Analyst
Job Vacancy Trend
Job postings that featured Functional Analyst in the job title as a proportion of all IT jobs advertised.
Functional Analyst
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Functional Analyst.
Functional Analyst
Daily Rate Histogram
Daily rate distribution for jobs citing Functional Analyst over the 6 months to 16 June 2024.
Functional Analyst
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Functional Analyst.
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 16 June 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 | +77 | 24 | £520 | -4.59% | 7 |
| UK excluding London | +29 | 20 | £500 | - | 5 |
| Work from Home | +116 | 15 | £475 | -5.00% | 1 |
| London | +77 | 12 | £520 | -30.67% | 1 |
| Scotland | +51 | 6 | £500 | +17.65% | |
| Northern Ireland | - | 5 | - | - | |
| North of England | +15 | 4 | £460 | -8.00% | |
| South East | +13 | 4 | £625 | +13.64% | |
| North West | +16 | 2 | £500 | -9.09% | |
| North East | +9 | 2 | £408 | +1.88% | |
| South West | +2 | 1 | £450 | -14.29% | 3 |
Functional Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 16 June 2024, 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.
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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:
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