The median contractor rate for a Payments Business Analyst was £500 per day in advertised job vacancies during the 3 months to 27 June 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.

Business Analyst - Payments
UK
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 581 598 571
Rank change year-on-year +17 -27  
Contract jobs requiring a Payments Business Analyst 29 56 71
As % of all contract IT jobs advertised in the UK 0.062% 0.10% 0.13%
As % of the Job Titles category 0.065% 0.11% 0.14%
Number of daily rates quoted 25 46 56
Median daily rate £500 £425 £411
Median daily rate % change year-on-year +17.64% +3.34%  
90% offered a daily rate of more than £439 £335 £348
10% offered a daily rate of more than £565 £510 £483
UK excluding London median daily rate £475 £346 £400
% change year-on-year +37.28% -13.50%  
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 44656 51218 52310
As % of all contract IT job vacancies advertised in the UK 94.78% 94.87% 94.84%
Number of daily rates quoted 28833 33387 32903
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £568
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1389 1533 1989
Median hourly rate £18.10 £17.50 £16.50
Median hourly rate % change year-on-year +3.42% +6.06%  
90% offered a hourly rate of more than £11.44 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £44.00 £40.00
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

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 27 June 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 27 June 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 +2 29 £500 +11.11% 2
London -19 19 £538 +19.44% 2
North West +23 5 £450 +12.50%
Northamptonshire +5 4 £475 -9.52%
Northampton +4 4 £475 -9.52%
East Midlands -2 4 £475 -9.52%
Cheshire - 3 £400 -
City of London -2 2 £525 +21.73%
Liverpool - 2 £500 -
Merseyside - 2 £500 -
South East +15 1 £438 +9.37%
Berkshire - 1 £438 -
Slough - 1 £438 -
Knutsford - 1 - -

Payments Business Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 27 June 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 36 (56.25%) Banking
2 28 (43.75%) Finance
3 25 (39.06%) Business Analysis
4 13 (20.31%) Agile Software Development
5 12 (18.75%) Retail
5 12 (18.75%) SWIFT
6 8 (12.50%) Retail Banking
6 8 (12.50%) E-Commerce
6 8 (12.50%) Change Management
6 8 (12.50%) SEPA
7 7 (10.94%) WorldPay
7 7 (10.94%) Migration
8 6 (9.38%) Use Case
8 6 (9.38%) Analytical Skills
9 5 (7.81%) VocaLink
10 4 (6.25%) Product Management
10 4 (6.25%) Business Process Modelling
10 4 (6.25%) FIS
10 4 (6.25%) Stakeholder Management
10 4 (6.25%) Legal
10 4 (6.25%) C
11 3 (4.69%) UML
11 3 (4.69%) Data Modelling
11 3 (4.69%) Foreign Exchange (FX)
11 3 (4.69%) EFT
11 3 (4.69%) EFTPOS
11 3 (4.69%) Smartcard
11 3 (4.69%) Mobile Commerce
11 3 (4.69%) Scrum
11 3 (4.69%) Management Information System

Payments Business Analyst Skill Set
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 2 (3.13%) Confluence
Applications
1 1 (1.56%) Microsoft Excel
1 1 (1.56%) MS Visio
1 1 (1.56%) Spreadsheet
Business Applications
1 2 (3.13%) Payment Gateway
2 1 (1.56%) BASE24
Cloud Services
1 1 (1.56%) Sage Pay
Communications & Networking
1 1 (1.56%) ATM
Development Applications
1 2 (3.13%) JIRA
General
1 36 (56.25%) Banking
2 28 (43.75%) Finance
3 12 (18.75%) Retail
4 8 (12.50%) Retail Banking
5 4 (6.25%) Legal
6 3 (4.69%) Corporate Banking
7 1 (1.56%) Advertising
7 1 (1.56%) Financial Institution
7 1 (1.56%) Front Office
7 1 (1.56%) Marketing
Libraries, Frameworks & Software Standards
1 1 (1.56%) Velocity
Miscellaneous
1 12 (18.75%) SWIFT
2 6 (9.38%) Analytical Skills
3 3 (4.69%) EFT
3 3 (4.69%) EFTPOS
3 3 (4.69%) Foreign Exchange (FX)
3 3 (4.69%) Management Information System
3 3 (4.69%) Smartcard
4 2 (3.13%) Mobile Payment
5 1 (1.56%) APACS
5 1 (1.56%) Chip and PIN
5 1 (1.56%) EMV
5 1 (1.56%) EPoS
5 1 (1.56%) Fintech
5 1 (1.56%) Mobile Banking
5 1 (1.56%) PMI
Processes & Methodologies
1 25 (39.06%) Business Analysis
2 13 (20.31%) Agile Software Development
3 8 (12.50%) Change Management
3 8 (12.50%) E-Commerce
4 7 (10.94%) Migration
5 6 (9.38%) Use Case
6 4 (6.25%) Business Process Modelling
6 4 (6.25%) Product Management
6 4 (6.25%) Stakeholder Management
7 3 (4.69%) Data Modelling
7 3 (4.69%) Mobile Commerce
7 3 (4.69%) Scenario Testing
7 3 (4.69%) Scrum
7 3 (4.69%) Target Operating Model
7 3 (4.69%) Test Scripting
7 3 (4.69%) UML
7 3 (4.69%) User Acceptance Testing
7 3 (4.69%) Waterfall
8 2 (3.13%) BPMN
8 2 (3.13%) Cash Management
Programming Languages
1 4 (6.25%) C
2 1 (1.56%) SQL
Qualifications
1 2 (3.13%) Degree
2 1 (1.56%) PMI Certification
2 1 (1.56%) PMP
Quality Assurance & Compliance
1 8 (12.50%) SEPA
2 3 (4.69%) ISO 20022
2 3 (4.69%) ISO 8583
3 2 (3.13%) TARGET2
4 1 (1.56%) Basel II
4 1 (1.56%) Basel III
Vendors
1 7 (10.94%) WorldPay
2 5 (7.81%) VocaLink
3 4 (6.25%) FIS
4 3 (4.69%) Ingenico
4 3 (4.69%) VeriFone
5 2 (3.13%) Apple
5 2 (3.13%) Elavon
6 1 (1.56%) Cubic Transportation
6 1 (1.56%) Hypercom
6 1 (1.56%) Misys
6 1 (1.56%) Sage
6 1 (1.56%) Thales
6 1 (1.56%) TSYS
6 1 (1.56%) Wincor Nixdorf
North West London
Oblix IT
Rate: From £400 to £500 per annum
Posted: 3 days ago