IEC 61508 Contracts

IEC 61508
UK

The following table provides summary statistics for contract job vacancies with a requirement for IEC 61508 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IEC 61508 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 589 709 833
Rank change year-on-year +120 +124 -153
Contract jobs citing IEC 61508 9 10 16
As % of all contract jobs advertised in the UK 0.021% 0.017% 0.018%
As % of the Quality Assurance & Compliance category 0.14% 0.13% 0.14%
Number of daily rates quoted 3 2 0
10th Percentile £151 £456 -
25th Percentile £292 £466 -
Median daily rate (50th Percentile) £550 £488 -
Median % change year-on-year +12.82% - -
75th Percentile £594 £516 -
90th Percentile £605 £529 -
UK excluding London median daily rate £550 £488 -
% change year-on-year +12.82% - -
Number of hourly rates quoted 1 5 2
10th Percentile - £44.76 £49.63
25th Percentile £72.50 £45.00 £50.21
Median hourly rate £75.00 £65.00 £51.79
Median % change year-on-year +15.38% +25.51% -20.32%
75th Percentile £77.50 - £52.75
90th Percentile - - £52.95
UK excluding London median hourly rate £75.00 £65.00 £51.79
% change year-on-year +15.38% +25.51% -20.32%

All Quality Assurance and Compliance Skills
UK

IEC 61508 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.

Contract vacancies with a requirement for quality assurance or compliance skills 6,212 7,992 11,762
As % of all contract IT jobs advertised in the UK 14.35% 13.36% 13.24%
Number of daily rates quoted 3,921 5,491 8,030
10th Percentile £297 £275 £292
25th Percentile £405 £410 £403
Median daily rate (50th Percentile) £510 £525 £513
Median % change year-on-year -2.86% +2.44% +7.89%
75th Percentile £625 £638 £619
90th Percentile £750 £738 £706
UK excluding London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +5.88%
Number of hourly rates quoted 381 225 302
10th Percentile £10.95 £13.16 £11.75
25th Percentile £13.18 £18.50 £17.06
Median hourly rate £20.61 £37.50 £28.50
Median % change year-on-year -45.05% +31.58% +35.71%
75th Percentile £45.00 £62.00 £49.25
90th Percentile £67.38 £77.50 £67.32
UK excluding London median hourly rate £18.00 £35.00 £21.05
% change year-on-year -48.57% +66.27% +0.24%

IEC 61508
Job Vacancy Trend

Job postings citing IEC 61508 as a proportion of all IT jobs advertised.

Job vacancy trend for IEC 61508 in the UK

IEC 61508
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing IEC 61508.

Daily rate trend for IEC 61508 in the UK

IEC 61508
Daily Rate Histogram

Daily rate distribution for jobs citing IEC 61508 over the 6 months to 27 April 2024.

Daily rate histogram for IEC 61508 in the UK

IEC 61508
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing IEC 61508.

Hourly rate trend for IEC 61508 in the UK

IEC 61508
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IEC 61508 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
Work from Home +132 5 - - 16
England +123 5 £550 +12.82% 33
UK excluding London +61 5 £550 +12.82% 40
South East +28 3 £575 - 3
North of England +33 1 £62 -86.15% 10
South West +19 1 £550 - 7
North West - 1 £62 - 10

IEC 61508
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:

Application Platforms
1 1 (11.11%) Confluence
Applications
1 2 (22.22%) Simulink
Development Applications
1 2 (22.22%) Rational DOORS
2 1 (11.11%) Bitbucket
2 1 (11.11%) Git
2 1 (11.11%) GitLab
2 1 (11.11%) JIRA
2 1 (11.11%) MagicDraw
2 1 (11.11%) Rational Rhapsody
General
1 5 (55.56%) Military
2 2 (22.22%) Aerospace
2 2 (22.22%) Analytical Skills
2 2 (22.22%) Aviation
2 2 (22.22%) Social Skills
3 1 (11.11%) Public Sector
Job Titles
1 5 (55.56%) Consultant
1 5 (55.56%) Software Consultant
2 4 (44.44%) Software Assurance Consultant
3 1 (11.11%) Design Engineer
3 1 (11.11%) Developer
3 1 (11.11%) Safety Consultant
3 1 (11.11%) Safety Engineer
3 1 (11.11%) Software Assurance Engineer
3 1 (11.11%) Software Design Engineer
3 1 (11.11%) Software Safety Engineer
3 1 (11.11%) Systems Engineer
3 1 (11.11%) UI Developer
Libraries, Frameworks & Software Standards
1 1 (11.11%) Node.js
1 1 (11.11%) React
Operating Systems
1 1 (11.11%) Linux
1 1 (11.11%) VxWorks
1 1 (11.11%) Windows
Processes & Methodologies
1 6 (66.67%) Software Assurance
2 5 (55.56%) Validation
3 4 (44.44%) Verification and Validation
4 2 (22.22%) Agile
4 2 (22.22%) HOOD
4 2 (22.22%) Safety Engineering
4 2 (22.22%) Software Engineering
4 2 (22.22%) UML
5 1 (11.11%) Collaborative Working
5 1 (11.11%) Data Management
5 1 (11.11%) DevOps
5 1 (11.11%) Full Stack Development
5 1 (11.11%) Hardware-in-the-Loop
5 1 (11.11%) Logistics
5 1 (11.11%) OO
5 1 (11.11%) OOD
5 1 (11.11%) Problem-Solving
5 1 (11.11%) Requirements Management
5 1 (11.11%) SysML
5 1 (11.11%) Systems Analysis
Programming Languages
1 8 (88.89%) C
2 6 (66.67%) Ada
3 2 (22.22%) Python
4 1 (11.11%) Assembly Language
4 1 (11.11%) C++
4 1 (11.11%) JavaScript
4 1 (11.11%) MATLAB
4 1 (11.11%) Perl
Qualifications
1 6 (66.67%) SC Cleared
1 6 (66.67%) Security Cleared
2 1 (11.11%) Chartered Engineer
2 1 (11.11%) DV Cleared
Quality Assurance & Compliance
1 7 (77.78%) DO-178B
2 4 (44.44%) QA
3 2 (22.22%) Def Stans
4 1 (11.11%) MISRA
4 1 (11.11%) MISRA C
Vendors
1 1 (11.11%) IBM
1 1 (11.11%) QinetiQ