Period
to

The following table provides summary statistics for contract job vacancies with a requirement for SEPA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SEPA over the 6 months to 27 June 2022 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.

Single Euro Payments Area (SEPA)
UK
6 months to
27 Jun 2022
Same period 2021 Same period 2020
Rank 767 700 585
Rank change year-on-year -67 -115 +198
Contract jobs citing SEPA 66 25 17
As % of all contract jobs advertised in the UK 0.075% 0.039% 0.042%
As % of the Quality Assurance & Compliance category 0.57% 0.32% 0.37%
Number of daily rates quoted 48 15 12
10th Percentile - £405 £330
25th Percentile £505 £498 £398
Median daily rate (50th Percentile) £650 £588 £590
Median % change year-on-year +10.64% -0.42% +20.78%
75th Percentile £713 £644 £619
90th Percentile £813 £675 -
UK excluding London median daily rate £513 - -

SEPA 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 11,529 7,876 4,624
As % of all contract IT jobs advertised in the UK 13.13% 12.30% 11.31%
Number of daily rates quoted 7,965 5,249 2,902
10th Percentile £289 £263 £260
25th Percentile £408 £365 £356
Median daily rate (50th Percentile) £524 £475 £463
Median % change year-on-year +10.32% +2.70% +2.78%
75th Percentile £625 £575 £563
90th Percentile £725 £675 £638
UK excluding London median daily rate £463 £425 £425
% change year-on-year +8.82% - -
Number of hourly rates quoted 304 321 199
10th Percentile £12.36 £11.36 £12.65
25th Percentile £16.25 £14.00 £17.26
Median hourly rate £27.50 £21.05 £22.55
Median % change year-on-year +30.64% -6.63% +0.20%
75th Percentile £50.00 £39.50 £45.00
90th Percentile £69.17 £56.50 £53.75
UK excluding London median hourly rate £22.29 £21.00 £21.00
% change year-on-year +6.14% - -17.11%

SEPA
Job Vacancy Trend

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

Job vacancy trend for SEPA in the UK

SEPA
Contractor Daily Rate Trend

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

Daily rate trend for SEPA in the UK

SEPA
Daily Rate Histogram

Daily rate distribution for jobs citing SEPA over the 6 months to 27 June 2022.

Daily rate histogram for SEPA in the UK

SEPA
Contractor Hourly Rate Trend

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

Hourly rate trend for SEPA in the UK

SEPA
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SEPA within the UK over the 6 months to 27 June 2022. 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
England -72 49 £675 +14.89% 4
London -61 45 £675 +14.89% 4
Work from Home -60 32 £510 -15.00% 1
UK excluding London -50 5 £513 -
South West -12 3 £475 -
Wales - 1 - -
North West - 1 £550 -
North of England - 1 £550 -

For the 6 months to 27 June 2022, IT contractor jobs citing SEPA also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads with a requirement for SEPA.

1 48 (72.73%) SWIFT
2 42 (63.64%) Finance
3 40 (60.61%) ISO 20022
4 25 (37.88%) Banking
5 23 (34.85%) Social Skills
6 19 (28.79%) Oracle
7 15 (22.73%) SQL
7 15 (22.73%) Java
7 15 (22.73%) Agile
7 15 (22.73%) Machine Learning
7 15 (22.73%) Kalman Filter
8 14 (21.21%) Oracle Database
9 13 (19.70%) Unix
9 13 (19.70%) Data Analytics
9 13 (19.70%) Analytics
9 13 (19.70%) IBM UrbanCode
10 12 (18.18%) Kafka
10 12 (18.18%) Windows
10 12 (18.18%) Linux
10 12 (18.18%) EDI
11 11 (16.67%) Oracle 11i
11 11 (16.67%) Oracle9i Database
11 11 (16.67%) IBM
11 11 (16.67%) Oracle Database 10g
11 11 (16.67%) XML
11 11 (16.67%) PL/SQL
11 11 (16.67%) Shell Script
11 11 (16.67%) Middleware
11 11 (16.67%) IBM Integration Bus
11 11 (16.67%) DataPower

SEPA
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 5 (7.58%) JBoss
2 4 (6.06%) Confluence
3 3 (4.55%) WebSphere
4 2 (3.03%) WebSphere Application Server
5 1 (1.52%) Jetty
5 1 (1.52%) NetWeaver
5 1 (1.52%) Oracle SOA Suite
5 1 (1.52%) Tomcat
Applications
1 9 (13.64%) Microsoft Excel
1 9 (13.64%) Microsoft Office
1 9 (13.64%) Microsoft PowerPoint
2 4 (6.06%) MS Visio
3 2 (3.03%) Microsoft Project
Business Applications
1 11 (16.67%) Oracle 11i
Cloud Services
1 4 (6.06%) AWS
Communications & Networking
1 1 (1.52%) FTP
1 1 (1.52%) HTTP
Database & Business Intelligence
1 14 (21.21%) Oracle Database
2 11 (16.67%) Oracle Database 10g
2 11 (16.67%) Oracle Database 12c
2 11 (16.67%) Oracle9i Database
3 4 (6.06%) MongoDB
3 4 (6.06%) PostgreSQL
4 3 (4.55%) NoSQL
5 1 (1.52%) MySQL
Development Applications
1 13 (19.70%) IBM UrbanCode
2 9 (13.64%) Ant
3 4 (6.06%) JIRA
4 3 (4.55%) Maven
4 3 (4.55%) Postman
4 3 (4.55%) TeamCity
5 2 (3.03%) Jenkins
6 1 (1.52%) XMLSpy
General
1 42 (63.64%) Finance
2 25 (37.88%) Banking
3 23 (34.85%) Social Skills
4 10 (15.15%) Financial Institution
5 5 (7.58%) Presentation Skills
6 4 (6.06%) Analytical Skills
6 4 (6.06%) Retail
6 4 (6.06%) Retail Banking
7 3 (4.55%) Investment Banking
8 2 (3.03%) Corporate Banking
8 2 (3.03%) Legal
9 1 (1.52%) Private Banking
Job Titles
1 33 (50.00%) Analyst
2 30 (45.45%) Business Analyst
3 15 (22.73%) Payments Analyst
3 15 (22.73%) Payments Business Analyst
4 14 (21.21%) Developer
5 11 (16.67%) Architect
5 11 (16.67%) Middleware Developer
6 7 (10.61%) Banking Analyst
6 7 (10.61%) Banking Business Analyst
6 7 (10.61%) Solutions Architect
7 6 (9.09%) Machine Learning Analyst
7 6 (9.09%) Payments Architect
8 5 (7.58%) Finance Business Analyst
8 5 (7.58%) Financial Analyst
8 5 (7.58%) Financial Business Analyst
8 5 (7.58%) Financial Services Business Analyst
8 5 (7.58%) Payments Solutions Architect
8 5 (7.58%) Product Analyst
8 5 (7.58%) Product Owner
8 5 (7.58%) Service Analyst
Libraries, Frameworks & Software Standards
1 12 (18.18%) EDI
1 12 (18.18%) Kafka
2 11 (16.67%) IBM Integration Bus
2 11 (16.67%) Middleware
2 11 (16.67%) XML
3 5 (7.58%) Spring
3 5 (7.58%) Spring Boot
4 4 (6.06%) Node.js
5 3 (4.55%) RESTful
5 3 (4.55%) Spring MVC
6 1 (1.52%) EDIFACT
6 1 (1.52%) J2EE
6 1 (1.52%) JSON
6 1 (1.52%) LDAP
6 1 (1.52%) OAuth
6 1 (1.52%) OpenID
6 1 (1.52%) SAML
6 1 (1.52%) Spring Integration
6 1 (1.52%) Web Services
6 1 (1.52%) XSD
Miscellaneous
1 48 (72.73%) SWIFT
2 11 (16.67%) DataPower
3 4 (6.06%) Hybrid Cloud
3 4 (6.06%) Legacy Systems
4 1 (1.52%) Foreign Exchange (FX)
4 1 (1.52%) IoT
4 1 (1.52%) PACS
4 1 (1.52%) TRADACOMS
Operating Systems
1 13 (19.70%) Unix
2 12 (18.18%) Linux
2 12 (18.18%) Windows
3 9 (13.64%) AIX
Processes & Methodologies
1 15 (22.73%) Agile
1 15 (22.73%) Kalman Filter
1 15 (22.73%) Machine Learning
2 13 (19.70%) Analytics
2 13 (19.70%) Data Analytics
3 10 (15.15%) Stakeholder Management
4 9 (13.64%) Business Analysis
4 9 (13.64%) Project Delivery
4 9 (13.64%) Scrum
5 8 (12.12%) Microservices
6 7 (10.61%) SDLC
7 6 (9.09%) Acceptance Criteria
7 6 (9.09%) Backlog Management
7 6 (9.09%) Kanban
7 6 (9.09%) Project Planning
7 6 (9.09%) User Stories
8 5 (7.58%) Requirements Gathering
9 4 (6.06%) Regtech
9 4 (6.06%) Sequence Diagram
9 4 (6.06%) Strategic Roadmap
Programming Languages
1 15 (22.73%) Java
1 15 (22.73%) SQL
2 11 (16.67%) Korn
2 11 (16.67%) PL/SQL
2 11 (16.67%) Shell Script
3 1 (1.52%) C++
3 1 (1.52%) VB
Qualifications
1 1 (1.52%) Degree
Quality Assurance & Compliance
1 40 (60.61%) ISO 20022
2 3 (4.55%) PSD2
3 2 (3.03%) TARGET2
System Software
1 3 (4.55%) Docker
Systems Management
1 11 (16.67%) WebSphere Service Registry and Repository
2 3 (4.55%) Consul
3 2 (3.03%) Kubernetes
Vendors
1 19 (28.79%) Oracle
2 11 (16.67%) Green Hat
2 11 (16.67%) IBM
3 4 (6.06%) MuleSoft
4 1 (1.52%) Altova