Institute of Chartered Accountants in England and Wales (ICAEW)
UK

The following table provides summary statistics for contract job vacancies with a requirement for ICAEW qualifications. Included is a benchmarking guide to the contractor rates offered over the 6 months to 12 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
12 May 2024
Same period 2023 Same period 2022
Rank 575 - 863
Rank change year-on-year - - -172
Contract jobs citing ICAEW 11 0 2
As % of all contract jobs advertised in the UK 0.026% - 0.002%
As % of the Qualifications category 0.084% - 0.011%
Number of daily rates quoted 1 0 2
10th Percentile - - £448
25th Percentile £185 - £459
Median daily rate (50th Percentile) £190 - £483
Median % change year-on-year - - -23.60%
75th Percentile £195 - £514
90th Percentile - - £528
UK excluding London median daily rate £190 - £442
% change year-on-year - - -30.20%

All Academic and Professional Certifications
UK

ICAEW is in the Academic Qualifications and Professional Certifications category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for academic qualifications or professional certifications.

Contract vacancies requiring academic qualifications or professional certifications 13,058 15,818 18,838
As % of all contract IT jobs advertised in the UK 30.36% 27.19% 21.50%
Number of daily rates quoted 8,064 10,556 12,460
10th Percentile £308 £330 £335
25th Percentile £425 £450 £425
Median daily rate (50th Percentile) £535 £550 £525
Median % change year-on-year -2.73% +4.76% +7.69%
75th Percentile £650 £650 £626
90th Percentile £738 £743 £700
UK excluding London median daily rate £534 £525 £500
% change year-on-year +1.62% +5.00% +11.11%
Number of hourly rates quoted 1,068 806 768
10th Percentile £13.80 £15.25 £14.25
25th Percentile £17.80 £20.23 £19.52
Median hourly rate £40.00 £54.00 £43.46
Median % change year-on-year -25.93% +24.26% +14.36%
75th Percentile £61.60 £67.50 £57.91
90th Percentile £75.55 £79.19 £67.50
UK excluding London median hourly rate £40.94 £50.00 £35.00
% change year-on-year -18.12% +42.86% -

ICAEW
Job Vacancy Trend

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

Job vacancy trend for ICAEW in the UK

ICAEW
Contractor Daily Rate Trend

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

Daily rate trend for ICAEW in the UK

ICAEW
Top 4 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ICAEW within the UK over the 6 months to 12 May 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
South East - 11 £190 - 1
England - 11 £190 - 10
UK excluding London - 11 £190 - 5
Work from Home - 5 £190 - 5

ICAEW
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 1 (9.09%) Microsoft Excel
1 1 (9.09%) Microsoft Office
General
1 11 (100.00%) Finance
2 4 (36.36%) Telecoms
3 1 (9.09%) General Ledger
Job Titles
1 9 (81.82%) Analyst
1 9 (81.82%) Financial Analyst
2 1 (9.09%) Accountant
2 1 (9.09%) Finance Manager
2 1 (9.09%) Management Accountant
Processes & Methodologies
1 5 (45.45%) Stakeholder Engagement
2 1 (9.09%) Asset Management
2 1 (9.09%) Budgeting and Forecasting
2 1 (9.09%) Coaching
2 1 (9.09%) Data Collection
2 1 (9.09%) Data Management
2 1 (9.09%) Financial Analysis
Qualifications
1 2 (18.18%) ACCA
2 1 (9.09%) CIMA
2 1 (9.09%) CIPFA
2 1 (9.09%) Degree
Quality Assurance & Compliance
1 9 (81.82%) GAAP
1 9 (81.82%) IFRS