Period
to 23 February 2018

The median contractor rate for a Requirements Engineer was £393 per day in advertised job vacancies during the 6 months to 23 February 2018.

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.

Requirements Engineer
UK
6 months to
23 Feb 2018
Same period 2017 Same period 2016
Rank 867 818 869
Rank change year-on-year -49 +51 -8
Contract jobs requiring a Requirements Engineer 4 32 8
As % of all contract IT jobs advertised in the UK 0.004% 0.033% 0.007%
As % of the Job Titles category 0.004% 0.035% 0.008%
Number of daily rates quoted 3 30 4
UK median daily rate £393 £300 £386
Median daily rate % change year-on-year +30.83% -22.33% -4.04%
10th Percentile £332 £213 £300
90th Percentile £483 £500 £556
UK excluding London median daily rate £369 £300 £386
% change year-on-year +22.92% -22.33% -4.04%
Number of hourly rates quoted 0 1 3
UK median hourly rate - £30.00 £43.00
Median hourly rate % change year-on-year - -30.23% +13.16%
UK excluding London median hourly rate - £30.00 £43.00
% change year-on-year - -30.23% +13.16%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 96,137 90,972 102,762
% of contract IT jobs with a recognized job title 94.78% 94.77% 95.02%
Number of daily rates quoted 63,825 59,323 65,801
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £254 £250
90th Percentile £625 £606 £600
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26% +1.33%
Number of hourly rates quoted 2,839 3,251 3,725
UK median hourly rate £18.70 £18.00 £19.00
Median hourly rate % change year-on-year +3.89% -5.26% +15.15%
10th Percentile £11.00 £10.63 £10.50
90th Percentile £48.51 £47.50 £47.83
UK excluding London median hourly rate £17.50 £17.50 £18.50
% change year-on-year - -5.41% +12.12%

Requirements Engineer
Job Vacancy Trend

Job postings that featured Requirements Engineer in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Requirements Engineer in the UK

Requirements Engineer
Contractor Daily Rate Trend

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

Contractor daily rate trend for Requirements Engineer in the UK

Requirements Engineer
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Requirements Engineer over the 6 months to 23 February 2018.

Contractor daily rate histogram for Requirements Engineer in the UK

Requirements Engineer
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Requirements Engineer in the UK

Requirements Engineer
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 Requirements Engineer within the UK over the 6 months to 23 February 2018. 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
UK excluding London -32 3 £369 +22.92% 3
England -50 3 £423 +40.83% 3
South West -13 1 £345 +15.00%
Wales - 1 £393 -
London - 1 £500 -
North West - 1 - -
North of England - 1 - -

Requirements Engineer Skill Set
Top 24 Co-occurring IT Skills

For the 6 months to 23 February 2018, Requirements Engineer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Requirements Engineer in the job title.

1 2 (50.00%) Requirements Management
2 1 (25.00%) TCP/IP
2 1 (25.00%) IBM
2 1 (25.00%) Change Management
2 1 (25.00%) Wireless
2 1 (25.00%) Finance
2 1 (25.00%) Stakeholder Management
2 1 (25.00%) Programme Management
2 1 (25.00%) Requirements Analysis
2 1 (25.00%) Human Factors
2 1 (25.00%) Avionics
2 1 (25.00%) Amazon AWS
2 1 (25.00%) Requirements Engineering
2 1 (25.00%) Rational DOORS
2 1 (25.00%) Rational Rhapsody
2 1 (25.00%) Business Transformation
2 1 (25.00%) Mentoring
2 1 (25.00%) AWS CloudFormation
2 1 (25.00%) Model-Based Systems Engineering
2 1 (25.00%) Scorecard
2 1 (25.00%) Customer Requirements
2 1 (25.00%) PMO
2 1 (25.00%) Product Breakdown Structure
2 1 (25.00%) Link 16

Requirements Engineer 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:

Cloud Services
1 1 (25.00%) Amazon AWS
1 1 (25.00%) AWS CloudFormation
Communications & Networking
1 1 (25.00%) Link 16
1 1 (25.00%) TCP/IP
1 1 (25.00%) Wireless
Development Applications
1 1 (25.00%) Rational DOORS
1 1 (25.00%) Rational Rhapsody
General
1 1 (25.00%) Avionics
1 1 (25.00%) Finance
Processes & Methodologies
1 2 (50.00%) Requirements Management
2 1 (25.00%) Business Transformation
2 1 (25.00%) Change Management
2 1 (25.00%) Customer Requirements
2 1 (25.00%) Human Factors
2 1 (25.00%) Mentoring
2 1 (25.00%) Model-Based Systems Engineering
2 1 (25.00%) Product Breakdown Structure
2 1 (25.00%) Programme Management
2 1 (25.00%) Requirements Analysis
2 1 (25.00%) Requirements Engineering
2 1 (25.00%) Scorecard
2 1 (25.00%) Stakeholder Management
Quality Assurance & Compliance
1 1 (25.00%) PMO
Vendors
1 1 (25.00%) IBM