Period
to 22 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for GAAP skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited GAAP over the 6 months to 22 November 2017 with a comparison to the 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.

Generally Accepted Accounting Principles (GAAP)
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 852 869 878
Rank change year-on-year +17 +9 -53
Contract jobs citing GAAP 32 30 26
As % of all contract IT jobs advertised in the UK 0.031% 0.028% 0.023%
As % of the Quality Assurance & Compliance category 0.24% 0.25% 0.19%
Number of daily rates quoted 27 25 19
UK median daily rate £550 £420 £450
Median daily rate % change year-on-year +30.95% -6.67% -7.69%
10th Percentile £396 £200 £300
90th Percentile £700 £775 £550
UK excluding London median daily rate £588 £284 £450
% change year-on-year +107.05% -36.94% +71.43%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

GAAP 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.

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 13142 11970 13354
As % of all contract IT jobs advertised in the UK 12.74% 11.35% 11.84%
Number of daily rates quoted 8585 7804 8430
UK median daily rate £438 £425 £405
Median daily rate % change year-on-year +2.94% +4.94% +1.25%
10th Percentile £256 £225 £228
90th Percentile £638 £600 £588
UK excluding London median daily rate £400 £390 £388
% change year-on-year +2.56% +0.65% +6.90%
Number of hourly rates quoted 385 421 473
UK median hourly rate £20.00 £23.50 £22.50
Median hourly rate % change year-on-year -14.89% +4.44% +16.88%
10th Percentile £11.49 £10.80 £11.54
90th Percentile £50.00 £47.00 £51.25
UK excluding London median hourly rate £20.00 £25.00 £22.00
% change year-on-year -20.00% +13.64% +12.82%

GAAP
Job Vacancy Trend

Job postings citing GAAP as a percentage of all IT jobs advertised.

Job vacancy trend for GAAP in the UK

GAAP
Contractor Daily Rate Trend

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

Contractor daily rate trend for GAAP in the UK

GAAP
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing GAAP over the 6 months to 22 November 2017.

Contractor daily rate histogram for GAAP in the UK

GAAP
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for GAAP in the UK

GAAP
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing GAAP within the UK over the 6 months to 22 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 +12 27 £550 +30.95% 3
London -29 20 £550 +22.22% 2
UK excluding London +28 9 £588 +107.05% 1
South East +3 6 £550 +93.83% 1
Scotland - 2 £588 -
East of England - 1 - -

For the 6 months to 22 November 2017, IT contractor jobs citing GAAP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for GAAP.

1 24 (75.00%) Finance
2 9 (28.13%) SQL
2 9 (28.13%) Reinsurance
3 8 (25.00%) SAP
4 7 (21.88%) ERP
5 6 (18.75%) ASP.NET
5 6 (18.75%) .NET
5 6 (18.75%) Microsoft
5 6 (18.75%) WinForms
5 6 (18.75%) SDLC
5 6 (18.75%) .NET Framework
5 6 (18.75%) Conceptual Models
6 5 (15.63%) User Acceptance Testing
6 5 (15.63%) Project Management
6 5 (15.63%) Oracle
6 5 (15.63%) Microsoft Office
6 5 (15.63%) Data Warehouse
7 4 (12.50%) Business Intelligence
7 4 (12.50%) RDBMS
7 4 (12.50%) SQL Server
7 4 (12.50%) Migration
7 4 (12.50%) Agile Software Development
7 4 (12.50%) Cybersecurity
7 4 (12.50%) Relational Database
7 4 (12.50%) Oracle Receivables
7 4 (12.50%) Data Migration
7 4 (12.50%) Use Case
7 4 (12.50%) Business Analysis
7 4 (12.50%) SC Cleared
7 4 (12.50%) Security Cleared

GAAP
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:

Applications
1 5 (15.63%) Microsoft Office
2 1 (3.13%) Microsoft Excel
Business Applications
1 4 (12.50%) Oracle Receivables
2 3 (9.38%) Oracle Assets
2 3 (9.38%) Oracle EBS R12
2 3 (9.38%) Oracle ERP
2 3 (9.38%) SAP CO
2 3 (9.38%) SAP FI
2 3 (9.38%) SAP FI/CO
2 3 (9.38%) SAP S/4HANA
3 2 (6.25%) Oracle EBS
3 2 (6.25%) Oracle Financials
3 2 (6.25%) Oracle Payables
4 1 (3.13%) Oracle FAH
4 1 (3.13%) Oracle General Ledger
4 1 (3.13%) Oracle Procure-to-Pay
4 1 (3.13%) SAP SEM
Database & Business Intelligence
1 5 (15.63%) Data Warehouse
2 4 (12.50%) RDBMS
2 4 (12.50%) Relational Database
2 4 (12.50%) SQL Server
3 3 (9.38%) SQL Server Integration Services
3 3 (9.38%) SQL Server Reporting Services
Development Applications
1 3 (9.38%) Team Foundation Server
General
1 24 (75.00%) Finance
2 2 (6.25%) Legal
3 1 (3.13%) General Ledger
Job Titles
1 12 (37.50%) Analyst
2 8 (25.00%) Business Analyst
3 5 (15.63%) Consultant
3 5 (15.63%) Insurance Business Analyst
3 5 (15.63%) Reinsurance Business Analyst
4 4 (12.50%) Head of Security
4 4 (12.50%) Project Manager
5 3 (9.38%) Developer
5 3 (9.38%) Financial Analyst
5 3 (9.38%) Programme Manager
5 3 (9.38%) SAP Consultant
5 3 (9.38%) SAP S/4HANA Consultant
5 3 (9.38%) SQL Developer
5 3 (9.38%) SQL Server Developer
5 3 (9.38%) SSIS Developer
5 3 (9.38%) SSRS Developer
5 3 (9.38%) T-SQL Developer
6 2 (6.25%) ERP Manager
6 2 (6.25%) SAP CO Consultant
6 2 (6.25%) SAP FI Consultant
Libraries, Frameworks & Software Standards
1 6 (18.75%) .NET
1 6 (18.75%) .NET Framework
1 6 (18.75%) ASP.NET
1 6 (18.75%) WinForms
2 4 (12.50%) Oracle Fusion
3 2 (6.25%) SAP Fiori
4 1 (3.13%) Middleware
4 1 (3.13%) Velocity
Miscellaneous
1 9 (28.13%) Reinsurance
2 2 (6.25%) Analytical Skills
2 2 (6.25%) Greenfield Project
Processes & Methodologies
1 7 (21.88%) ERP
2 6 (18.75%) Conceptual Models
2 6 (18.75%) SDLC
3 5 (15.63%) Project Management
3 5 (15.63%) User Acceptance Testing
4 4 (12.50%) Agile Software Development
4 4 (12.50%) Business Analysis
4 4 (12.50%) Business Intelligence
4 4 (12.50%) Cybersecurity
4 4 (12.50%) Data Migration
4 4 (12.50%) Migration
4 4 (12.50%) Service Design
4 4 (12.50%) Use Case
5 3 (9.38%) Database Security
5 3 (9.38%) Line Management
5 3 (9.38%) Performance Tuning
5 3 (9.38%) Problem Management
5 3 (9.38%) Service Management
5 3 (9.38%) Unit Testing
6 2 (6.25%) Asset Management
Programming Languages
1 9 (28.13%) SQL
2 3 (9.38%) C
2 3 (9.38%) T-SQL
Qualifications
1 4 (12.50%) SC Cleared
1 4 (12.50%) Security Cleared
2 3 (9.38%) DV Cleared
Quality Assurance & Compliance
1 3 (9.38%) IFRS
1 3 (9.38%) PMO
1 3 (9.38%) Solvency II
2 1 (3.13%) QA
2 1 (3.13%) Sarbanes-Oxley
Vendors
1 8 (25.00%) SAP
2 6 (18.75%) Microsoft
3 5 (15.63%) Oracle
4 2 (6.25%) Concur
4 2 (6.25%) Workday
5 1 (3.13%) Borland
5 1 (3.13%) Progress
5 1 (3.13%) Sage