Functional Safety Contracts

Functional Safety
UK

The following table provides summary statistics for contract job vacancies with a requirement for Functional Safety skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Functional Safety over the 6 months to 27 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 586 702 845
Rank change year-on-year +116 +143 -168
Contract jobs citing Functional Safety 12 17 4
As % of all contract jobs advertised in the UK 0.028% 0.028% 0.005%
As % of the Systems Management category 0.24% 0.18% 0.028%
Number of daily rates quoted 4 3 0
Median daily rate (50th Percentile) £650 £600 -
Median % change year-on-year +8.33% - -
UK excluding London median daily rate - £600 -
Number of hourly rates quoted 7 2 0
10th Percentile - £37.13 -
25th Percentile £46.25 £40.31 -
Median hourly rate £47.50 £46.25 -
Median % change year-on-year +2.70% - -
75th Percentile £48.75 £52.81 -
90th Percentile £51.25 £56.38 -
UK excluding London median hourly rate £47.50 £57.50 -
% change year-on-year -17.39% - -

All Systems Management Skills
UK

Functional Safety is in the Systems Management category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for systems management skills.

Contract vacancies with a requirement for systems management skills 5,089 9,618 14,243
As % of all contract IT jobs advertised in the UK 11.75% 16.08% 16.03%
Number of daily rates quoted 3,637 6,947 10,288
10th Percentile £256 £350 £363
25th Percentile £413 £463 £463
Median daily rate (50th Percentile) £515 £563 £565
Median % change year-on-year -8.44% -0.44% +13.00%
75th Percentile £625 £675 £675
90th Percentile £700 £750 £750
UK excluding London median daily rate £500 £525 £500
% change year-on-year -4.76% +5.00% +11.11%
Number of hourly rates quoted 125 211 185
10th Percentile £14.00 £16.54 £13.87
25th Percentile £17.75 £24.13 £15.75
Median hourly rate £30.00 £57.50 £22.28
Median % change year-on-year -47.83% +158.08% -41.37%
75th Percentile £53.75 £72.50 £47.96
90th Percentile £70.75 £82.50 £66.00
UK excluding London median hourly rate £38.50 £46.00 £20.00
% change year-on-year -16.30% +130.00% -10.11%

Functional Safety
Job Vacancy Trend

Job postings citing Functional Safety as a proportion of all IT jobs advertised.

Job vacancy trend for Functional Safety in the UK

Functional Safety
Contractor Daily Rate Trend

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

Daily rate trend for Functional Safety in the UK

Functional Safety
Contractor Hourly Rate Trend

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

Hourly rate trend for Functional Safety in the UK

Functional Safety
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Safety within the UK over the 6 months to 27 April 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 +123 11 £650 +8.33% 90
Work from Home +136 10 £650 +8.33% 25
UK excluding London +56 7 - - 88
London - 4 £650 - 6
North of England +34 3 - - 14
North East - 3 - - 1
South East +27 2 - - 11
West Midlands +19 1 - - 28
East of England +17 1 - - 17
Midlands +12 1 - - 30

Functional Safety
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:

Applications
1 2 (16.67%) Simulink
2 1 (8.33%) Stateflow
Communications & Networking
1 5 (41.67%) J1939
Development Applications
1 1 (8.33%) ClearCase
1 1 (8.33%) Git
General
1 7 (58.33%) Automotive
2 5 (41.67%) Electronics
3 1 (8.33%) Manufacturing
Job Titles
1 6 (50.00%) Embedded Engineer
1 6 (50.00%) Embedded Software Engineer
1 6 (50.00%) Software Engineer
2 4 (33.33%) Cybersecurity Engineer
2 4 (33.33%) Security Engineer
2 4 (33.33%) Senior
2 4 (33.33%) Senior Security Engineer
3 1 (8.33%) Systems Engineer
Miscellaneous
1 5 (41.67%) CAN bus
2 2 (16.67%) Algorithms
Processes & Methodologies
1 6 (50.00%) Software Engineering
2 5 (41.67%) Cybersecurity
3 4 (33.33%) Continuous Improvement
3 4 (33.33%) Risk Assessment
3 4 (33.33%) Safety Engineering
3 4 (33.33%) Threat Analysis
4 2 (16.67%) Hardware-in-the-Loop
4 2 (16.67%) Systems Engineering
4 2 (16.67%) Validation
5 1 (8.33%) Artificial Intelligence
5 1 (8.33%) Benchmarking
5 1 (8.33%) FMEA
5 1 (8.33%) Machine Learning
5 1 (8.33%) Model-Based Systems Engineering
5 1 (8.33%) Project Management
5 1 (8.33%) Test Automation
5 1 (8.33%) Verification and Validation
Programming Languages
1 5 (41.67%) C
1 5 (41.67%) Embedded C
2 2 (16.67%) MATLAB
3 1 (8.33%) C++
3 1 (8.33%) Python
Qualifications
1 1 (8.33%) Degree
Quality Assurance & Compliance
1 5 (41.67%) AUTOSAR
2 2 (16.67%) ISO 26262
Vendors
1 1 (8.33%) MathWorks