Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 24 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.

International Financial Reporting Standards (IFRS)
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 768 745 820
Rank change year-on-year -23 +75 +14
Contract jobs citing IFRS 128 141 74
As % of all contract IT jobs advertised in the UK 0.12% 0.13% 0.065%
As % of the Quality Assurance & Compliance category 0.98% 1.18% 0.55%
Number of daily rates quoted 75 96 48
UK median daily rate £525 £486 £488
Median daily rate % change year-on-year +8.14% -0.41% +5.41%
10th Percentile £356 £363 £312
90th Percentile £740 £675 £611
UK excluding London median daily rate £450 £455 £525
% change year-on-year -1.10% -13.33% +16.67%
Number of hourly rates quoted 3 1 0
UK median hourly rate £40.00 £38.00 -
Median hourly rate % change year-on-year +5.26% - -
UK excluding London median hourly rate £40.00 £38.00 -
% change year-on-year +5.26% - -

IFRS 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 13121 11921 13574
As % of all contract IT jobs advertised in the UK 12.73% 11.35% 11.85%
Number of daily rates quoted 8582 7771 8573
UK median daily rate £440 £425 £409
Median daily rate % change year-on-year +3.53% +3.98% +2.19%
10th Percentile £255 £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 374 425 481
UK median hourly rate £20.00 £22.50 £22.50
Median hourly rate % change year-on-year -11.11% - +15.38%
10th Percentile £11.25 £10.75 £11.68
90th Percentile £49.63 £45.90 £52.47
UK excluding London median hourly rate £20.00 £25.00 £22.50
% change year-on-year -20.00% +11.11% +15.38%

IFRS
Job Vacancy Trend

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

Job vacancy trend for IFRS in the UK

IFRS
Contractor Daily Rate Trend

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

Contractor daily rate trend for IFRS in the UK

IFRS
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing IFRS over the 6 months to 24 November 2017.

Contractor daily rate histogram for IFRS in the UK

IFRS
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for IFRS in the UK

IFRS
Top 13 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the UK over the 6 months to 24 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 -10 124 £523 +7.51% 13
London +4 76 £600 +14.29% 9
UK excluding London +5 50 £450 -1.10% 5
South East +14 20 £425 - 3
North of England +57 14 £430 -14.00% 1
North West +35 9 £425 -22.73%
South West -23 9 £525 +9.38%
Yorkshire +20 5 £550 +22.22% 1
East of England +1 4 £575 +15.00%
Midlands +23 1 - -
East Midlands -5 1 - -
Scotland -9 1 £625 +47.06% 1
Wales - 1 - -

For the 6 months to 24 November 2017, IT contractor jobs citing IFRS 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 IFRS.

1 80 (62.50%) Finance
2 69 (53.91%) IFRS 9
3 46 (35.94%) Banking
4 39 (30.47%) SAS
5 21 (16.41%) SAP
5 21 (16.41%) Analytical Skills
6 19 (14.84%) Credit Risk
6 19 (14.84%) Project Management
7 16 (12.50%) SQL
7 16 (12.50%) Stakeholder Management
8 15 (11.72%) Retail
9 14 (10.94%) Stress Testing
10 13 (10.16%) Retail Banking
11 12 (9.38%) SAP FI
12 11 (8.59%) SQL Server
12 11 (8.59%) Degree
12 11 (8.59%) Analytics
12 11 (8.59%) GDPR
13 10 (7.81%) User Acceptance Testing
13 10 (7.81%) Telecoms
13 10 (7.81%) Sarbanes-Oxley
14 9 (7.03%) Basel II
14 9 (7.03%) Business Intelligence
14 9 (7.03%) Investment Banking
14 9 (7.03%) Mathematics
14 9 (7.03%) Test Scripting
14 9 (7.03%) Base SAS
14 9 (7.03%) Numerate Degree
15 8 (6.25%) Credit Risk Modelling
15 8 (6.25%) Microsoft Excel

IFRS
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:

Application Platforms
1 39 (30.47%) SAS
2 3 (2.34%) Apache Spark
2 3 (2.34%) IIS
Applications
1 8 (6.25%) Microsoft Excel
2 6 (4.69%) Microsoft PowerPoint
2 6 (4.69%) MS Visio
3 2 (1.56%) Microsoft Project
4 1 (0.78%) Spreadsheet
Business Applications
1 12 (9.38%) SAP FI
2 7 (5.47%) SAP CO
2 7 (5.47%) SAP FI/CO
3 4 (3.13%) Dynamics AX
4 2 (1.56%) SAP ERP
5 1 (0.78%) HFM
5 1 (0.78%) SAP FI-AA
5 1 (0.78%) SAP S/4HANA
5 1 (0.78%) SAP SEM
Communications & Networking
1 4 (3.13%) SMS
2 3 (2.34%) LAN
2 3 (2.34%) TCP/IP
2 3 (2.34%) WAN
Database & Business Intelligence
1 11 (8.59%) SQL Server
2 9 (7.03%) Base SAS
3 7 (5.47%) SQL Server Integration Services
4 6 (4.69%) Big Data
4 6 (4.69%) SAS Data Integration Studio
5 5 (3.91%) Data Warehouse
5 5 (3.91%) SAS Visual Analytics
6 4 (3.13%) SAS Enterprise Guide
7 3 (2.34%) Apache Hive
7 3 (2.34%) BusinessObjects
7 3 (2.34%) Hadoop
7 3 (2.34%) QlikView
8 2 (1.56%) SAS EBI
9 1 (0.78%) Data Lake
Development Applications
1 1 (0.78%) ProC
1 1 (0.78%) Talend Open Studio
1 1 (0.78%) Team Foundation Server
General
1 80 (62.50%) Finance
2 46 (35.94%) Banking
3 15 (11.72%) Retail
4 13 (10.16%) Retail Banking
5 10 (7.81%) Telecoms
6 9 (7.03%) Investment Banking
7 6 (4.69%) Retail Finance
8 4 (3.13%) Private Banking
9 3 (2.34%) Legal
10 2 (1.56%) Billing
10 2 (1.56%) Dutch Language
10 2 (1.56%) Financial Institution
10 2 (1.56%) Manufacturing
11 1 (0.78%) Advertising
11 1 (0.78%) Corporate Banking
11 1 (0.78%) Electronics
11 1 (0.78%) French Language
11 1 (0.78%) Japanese Language
11 1 (0.78%) Marketing
Job Titles
1 45 (35.16%) Analyst
2 22 (17.19%) Business Analyst
3 17 (13.28%) Project Manager
4 16 (12.50%) Consultant
5 15 (11.72%) Developer
6 14 (10.94%) SAS Developer
7 11 (8.59%) SAP Consultant
8 10 (7.81%) SAP FI Consultant
8 10 (7.81%) Test Analyst
9 8 (6.25%) SAS Analyst
10 7 (5.47%) Banking Project Manager
10 7 (5.47%) Risk Analyst
11 6 (4.69%) Credit Analyst
11 6 (4.69%) Credit Risk Analyst
11 6 (4.69%) Programme Manager
11 6 (4.69%) SAS Business Analyst
11 6 (4.69%) SQL Analyst
12 5 (3.91%) Banking Analyst
12 5 (3.91%) SAP CO Consultant
12 5 (3.91%) SAP FI/CO Consultant
Libraries, Frameworks & Software Standards
1 3 (2.34%) Middleware
1 3 (2.34%) XML
2 1 (0.78%) .NET
2 1 (0.78%) .NET Framework
2 1 (0.78%) Entity Framework
2 1 (0.78%) Oracle Fusion
Miscellaneous
1 21 (16.41%) Analytical Skills
2 19 (14.84%) Credit Risk
3 3 (2.34%) Data Structures
4 2 (1.56%) Foreign Exchange (FX)
5 1 (0.78%) Equities
5 1 (0.78%) Fixed Income
5 1 (0.78%) Virtual Team
Operating Systems
1 6 (4.69%) Linux
2 3 (2.34%) Unix
2 3 (2.34%) Windows
Processes & Methodologies
1 19 (14.84%) Project Management
2 16 (12.50%) Stakeholder Management
3 14 (10.94%) Stress Testing
4 11 (8.59%) Analytics
5 10 (7.81%) User Acceptance Testing
6 9 (7.03%) Business Intelligence
6 9 (7.03%) Mathematics
6 9 (7.03%) Test Scripting
7 8 (6.25%) Credit Risk Modelling
8 7 (5.47%) Agile Software Development
8 7 (5.47%) Data Modelling
8 7 (5.47%) ETL
8 7 (5.47%) Risk Management
8 7 (5.47%) Test Strategy
8 7 (5.47%) Wealth Management
9 6 (4.69%) Economics
9 6 (4.69%) Functional Testing
9 6 (4.69%) Migration
9 6 (4.69%) Regression Testing
10 5 (3.91%) Software Testing
Programming Languages
1 16 (12.50%) SQL
2 6 (4.69%) C
3 3 (2.34%) C#
3 3 (2.34%) Java
3 3 (2.34%) Python
3 3 (2.34%) R
4 2 (1.56%) VBA
5 1 (0.78%) PROC SQL
5 1 (0.78%) SAS Macro
5 1 (0.78%) Scala
5 1 (0.78%) Shell Script
Qualifications
1 11 (8.59%) Degree
2 9 (7.03%) Numerate Degree
3 4 (3.13%) ACCA
4 3 (2.34%) CCA
4 3 (2.34%) ISTQB
5 2 (1.56%) CIMA
6 1 (0.78%) ISEB
6 1 (0.78%) PMI Certification
6 1 (0.78%) PMP
6 1 (0.78%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 69 (53.91%) IFRS 9
2 11 (8.59%) GDPR
3 10 (7.81%) Sarbanes-Oxley
4 9 (7.03%) Basel II
5 7 (5.47%) MiFID
6 5 (3.91%) Data Quality
7 3 (2.34%) AIFMD
7 3 (2.34%) FATCA
7 3 (2.34%) GAAP
7 3 (2.34%) PSD2
8 2 (1.56%) COREP
8 2 (1.56%) PMO
9 1 (0.78%) CRD IV
9 1 (0.78%) EMIR
9 1 (0.78%) FINREP
9 1 (0.78%) IAS 39
9 1 (0.78%) QA
9 1 (0.78%) Solvency II
Systems Management
1 2 (1.56%) HP Quality Center
Vendors
1 21 (16.41%) SAP
2 4 (3.13%) Microsoft
2 4 (3.13%) Oracle
3 2 (1.56%) BT
3 2 (1.56%) HP
4 1 (0.78%) Ab Initio
4 1 (0.78%) Hyperion
4 1 (0.78%) Informatica
4 1 (0.78%) Sage
4 1 (0.78%) Tableau
4 1 (0.78%) Talend