The median contractor rate for a Payments Business Analyst was £525 per day in advertised job vacancies during the 3 months to 24 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Business Analyst - Payments
UK
Rank 560 618 562
Rank change year-on-year +58 -56  
Contract jobs requiring a Payments Business Analyst 36 24 59
As % of all contract IT jobs advertised in the UK 0.079% 0.045% 0.11%
As % of the Job Titles category 0.084% 0.048% 0.12%
Number of daily rates quoted 28 22 51
Median daily rate £525 £450 £425
Median daily rate % change year-on-year +16.66% +5.88%  
90% offered a daily rate of more than £393 £365 £375
10% offered a daily rate of more than £600 £573 £475
UK excluding London median daily rate £413 £400 £414
% change year-on-year +3.12% -3.32%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
UK
Contract job vacancies with a job title containing a recognized job role 42950 50452 49894
As % of all contract IT job vacancies advertised in the UK 94.82% 95.19% 94.82%
Number of daily rates quoted 27813 32635 30138
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £555
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1510 1582 1977
Median hourly rate £18.00 £18.75 £17.50
Median hourly rate % change year-on-year -4.00% +7.14%  
90% offered a hourly rate of more than £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

Payments Business Analyst
Job Vacancy Trend

The job posting trend of jobs advertised that featured Payments Business Analyst in the job title.

Job vacancy trend for Payments Business Analyst in the UK

Payments Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Payments Business Analyst in the UK

Payments Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Payments Business Analyst over the 3 months to 24 March 2017.

Contractor daily rate histogram for Payments Business Analyst in the UK

Payments Business Analyst
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payments Business Analyst within the UK over the 3 months to 24 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +45 31 £525 +16.66%
London +37 26 £525 +16.66%
Scotland +21 5 £400 +4.57% 1
Edinburgh +20 5 £400 +4.57% 1
City of London +7 3 £525 -8.69%
Northamptonshire - 2 £469 -
East Midlands - 2 £469 -
North West +29 1 £340 -24.44%
South East - 1 - -
South West - 1 - -
Manchester - 1 £340 -
Wiltshire - 1 - -
Northampton - 1 £500 -
Swindon - 1 - -

Payments Business Analyst Skill Set
Top 30 Related IT Skills

For the 6 months to 24 March 2017, Payments Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Payments Business Analyst in the job title.

1 26 (46.43%) Finance
2 25 (44.64%) Banking
2 25 (44.64%) Business Analysis
3 15 (26.79%) Retail
4 11 (19.64%) SWIFT
5 9 (16.07%) SEPA
5 9 (16.07%) Agile Software Development
6 7 (12.50%) Retail Banking
7 6 (10.71%) Enterprise Architecture
7 6 (10.71%) Migration
7 6 (10.71%) Stakeholder Management
7 6 (10.71%) E-Commerce
8 5 (8.93%) WorldPay
8 5 (8.93%) ISO20022
8 5 (8.93%) Scrum
9 4 (7.14%) Management Information System
9 4 (7.14%) EFT
9 4 (7.14%) EFTPOS
9 4 (7.14%) Smartcard
9 4 (7.14%) Mobile Commerce
9 4 (7.14%) ISO 8583
9 4 (7.14%) Velocity
9 4 (7.14%) FIS
9 4 (7.14%) Test Scripting
9 4 (7.14%) Ingenico
9 4 (7.14%) VeriFone
10 3 (5.36%) SDLC
10 3 (5.36%) Target Operating Model
10 3 (5.36%) Use Case
10 3 (5.36%) Change Management

Payments Business Analyst Skill Set
Top Related 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 1 (1.79%) Confluence
Applications
1 3 (5.36%) MS Visio
2 2 (3.57%) MS Office
Business Applications
1 2 (3.57%) Payment Gateway
2 1 (1.79%) BASE24
Cloud Services
1 1 (1.79%) Sage Pay
Communications & Networking
1 2 (3.57%) Internet
2 1 (1.79%) ATM
Database & Business Intelligence
1 1 (1.79%) Data Warehouse
Development Applications
1 1 (1.79%) JIRA
General
1 26 (46.43%) Finance
2 25 (44.64%) Banking
3 15 (26.79%) Retail
4 7 (12.50%) Retail Banking
5 2 (3.57%) Investment Banking
6 1 (1.79%) Corporate Banking
6 1 (1.79%) Front Office
6 1 (1.79%) Legal
Libraries, Frameworks & Software Standards
1 4 (7.14%) Velocity
Miscellaneous
1 11 (19.64%) SWIFT
2 4 (7.14%) EFT
2 4 (7.14%) EFTPOS
2 4 (7.14%) Management Information System
2 4 (7.14%) Smartcard
3 3 (5.36%) Foreign Exchange (FX)
4 2 (3.57%) Analytical Skills
5 1 (1.79%) APACS
5 1 (1.79%) Chip and PIN
5 1 (1.79%) EMV
5 1 (1.79%) EPoS
5 1 (1.79%) Fintech
5 1 (1.79%) Mobile Payment
5 1 (1.79%) PMI
Processes & Methodologies
1 25 (44.64%) Business Analysis
2 9 (16.07%) Agile Software Development
3 6 (10.71%) E-Commerce
3 6 (10.71%) Enterprise Architecture
3 6 (10.71%) Migration
3 6 (10.71%) Stakeholder Management
4 5 (8.93%) Scrum
5 4 (7.14%) Mobile Commerce
5 4 (7.14%) Test Scripting
6 3 (5.36%) Change Management
6 3 (5.36%) GAP Analysis
6 3 (5.36%) SDLC
6 3 (5.36%) Target Operating Model
6 3 (5.36%) Use Case
7 2 (3.57%) BPMN
7 2 (3.57%) Business Development
7 2 (3.57%) PRINCE2
7 2 (3.57%) Stakeholder Engagement
7 2 (3.57%) User Acceptance Testing
7 2 (3.57%) Waterfall
Programming Languages
1 2 (3.57%) C
1 2 (3.57%) SQL
Qualifications
1 1 (1.79%) Degree
1 1 (1.79%) PMI Certification
1 1 (1.79%) PMP
Quality Assurance & Compliance
1 9 (16.07%) SEPA
2 5 (8.93%) ISO20022
3 4 (7.14%) ISO 8583
4 1 (1.79%) Actionable Recommendations
Vendors
1 5 (8.93%) WorldPay
2 4 (7.14%) FIS
2 4 (7.14%) Ingenico
2 4 (7.14%) VeriFone
3 1 (1.79%) Cubic Transportation
3 1 (1.79%) Elavon
3 1 (1.79%) Hypercom
3 1 (1.79%) PayPal
3 1 (1.79%) Sage
3 1 (1.79%) Thales
3 1 (1.79%) TSYS
3 1 (1.79%) VocaLink
3 1 (1.79%) Wincor Nixdorf
Edinburgh, Midlothian
Hydrogen Group
Rate: £400.00 - £500.00 per day
Posted: 4 days ago