Period
to 20 November 2017

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 20 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.

Single Euro Payments Area (SEPA)
UK
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 829 813 786
Rank change year-on-year -16 -27 +27
Contract jobs citing SEPA 50 75 100
As % of all contract IT jobs advertised in the UK 0.049% 0.072% 0.087%
As % of the Quality Assurance & Compliance category 0.38% 0.64% 0.74%
Number of daily rates quoted 31 55 49
UK median daily rate £500 £475 £475
Median daily rate % change year-on-year +5.26% - +5.56%
10th Percentile £334 £403 £313
90th Percentile £588 £745 £630
UK excluding London median daily rate £550 £465 £450
% change year-on-year +18.28% +3.33% -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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 13016 11803 13537
As % of all contract IT jobs advertised in the UK 12.73% 11.35% 11.84%
Number of daily rates quoted 8498 7699 8557
UK median daily rate £438 £425 £405
Median daily rate % change year-on-year +2.94% +4.94% +1.25%
10th Percentile £256 £225 £230
90th Percentile £638 £600 £588
UK excluding London median daily rate £400 £393 £387
% change year-on-year +1.91% +1.55% +6.62%
Number of hourly rates quoted 378 417 479
UK median hourly rate £20.00 £23.50 £22.50
Median hourly rate % change year-on-year -14.89% +4.44% +18.42%
10th Percentile £11.25 £10.78 £11.45
90th Percentile £49.46 £47.10 £51.25
UK excluding London median hourly rate £20.00 £25.00 £22.00
% change year-on-year -20.00% +13.64% +12.82%

SEPA
Job Vacancy Trend

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

Job vacancy trend for SEPA in the UK

SEPA
Contractor Daily Rate Trend

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

Contractor daily rate trend for SEPA in the UK

SEPA
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing SEPA over the 6 months to 20 November 2017.

Contractor daily rate histogram for SEPA in the UK

SEPA
Contractor Hourly Rate Trend

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

Contractor 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 20 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 +7 50 £500 - 3
London -25 44 £488 -2.50% 3
UK excluding London +22 6 £550 +18.28%
South West +8 4 £550 +22.22%
North of England +57 1 - -
North West +20 1 - -
Midlands - 1 £275 -
West Midlands - 1 £275 -

For the 6 months to 20 November 2017, IT contractor jobs citing SEPA 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 SEPA.

1 38 (76.00%) Finance
2 35 (70.00%) Banking
3 33 (66.00%) SWIFT
4 11 (22.00%) Java
5 10 (20.00%) Anti-Money Laundering
5 10 (20.00%) J2EE
5 10 (20.00%) Oracle
5 10 (20.00%) Agile Software Development
5 10 (20.00%) User Acceptance Testing
6 9 (18.00%) SQL
7 8 (16.00%) QA
7 8 (16.00%) Investment Banking
8 7 (14.00%) SQL Server
9 6 (12.00%) Oracle Cash Management
9 6 (12.00%) Actimize
9 6 (12.00%) Cash Management
10 5 (10.00%) Retail Banking
10 5 (10.00%) Business Analysis
10 5 (10.00%) AIX
10 5 (10.00%) JSP
10 5 (10.00%) MQSeries
10 5 (10.00%) Technical Analysis
10 5 (10.00%) PSD2
11 4 (8.00%) TARGET2
11 4 (8.00%) System Integration Testing
11 4 (8.00%) SDLC
11 4 (8.00%) Project Management
11 4 (8.00%) Migration
11 4 (8.00%) Unix
12 3 (6.00%) International Banking

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 (10.00%) MQSeries
2 3 (6.00%) WebSphere
Applications
1 1 (2.00%) Microsoft Project
1 1 (2.00%) MS Visio
Business Applications
1 6 (12.00%) Actimize
1 6 (12.00%) Oracle Cash Management
2 3 (6.00%) Misys Midas
3 1 (2.00%) SAP CO
3 1 (2.00%) SAP FI
3 1 (2.00%) SAP FI/CO
Cloud Services
1 1 (2.00%) Amazon AWS
Communications & Networking
1 1 (2.00%) SWIFTNet
Database & Business Intelligence
1 7 (14.00%) SQL Server
2 2 (4.00%) MySQL
3 1 (2.00%) MongoDB
3 1 (2.00%) Oracle Database
3 1 (2.00%) Oracle Database 11g
Development Applications
1 1 (2.00%) Cucumber
1 1 (2.00%) JIRA
1 1 (2.00%) SoapUI
General
1 38 (76.00%) Finance
2 35 (70.00%) Banking
3 8 (16.00%) Investment Banking
4 5 (10.00%) Retail Banking
5 3 (6.00%) Financial Institution
5 3 (6.00%) International Banking
6 2 (4.00%) Legal
6 2 (4.00%) Marketing
7 1 (2.00%) Front Office
7 1 (2.00%) Retail
Job Titles
1 27 (54.00%) Analyst
2 15 (30.00%) Business Analyst
3 11 (22.00%) Payments Analyst
4 8 (16.00%) Support Analyst
5 7 (14.00%) Applications Support
5 7 (14.00%) Payments Business Analyst
5 7 (14.00%) Systems Analyst
6 6 (12.00%) Applications Support Analyst
6 6 (12.00%) Banking Analyst
6 6 (12.00%) Compliance Analyst
7 5 (10.00%) Architect
7 5 (10.00%) Consultant
8 4 (8.00%) Payments Architect
8 4 (8.00%) Solutions Architect
8 4 (8.00%) Systems Support
8 4 (8.00%) Systems Support Analyst
9 3 (6.00%) Payments Solutions Architect
9 3 (6.00%) Payments Test Manager
9 3 (6.00%) Test Manager
9 3 (6.00%) Tester
Libraries, Frameworks & Software Standards
1 10 (20.00%) J2EE
2 5 (10.00%) JSP
3 3 (6.00%) Java EE
3 3 (6.00%) WebSphere MQ
4 2 (4.00%) XML
5 1 (2.00%) Akka
5 1 (2.00%) Hibernate
5 1 (2.00%) Kafka
5 1 (2.00%) Middleware
5 1 (2.00%) Spring
5 1 (2.00%) XML Schema
Miscellaneous
1 33 (66.00%) SWIFT
2 3 (6.00%) Enterprise Software
2 3 (6.00%) Fedwire
2 3 (6.00%) Mobile Payment
3 2 (4.00%) Analytical Skills
3 2 (4.00%) Foreign Exchange (FX)
3 2 (4.00%) PMI
4 1 (2.00%) APACS
4 1 (2.00%) Derivative
4 1 (2.00%) Equities
4 1 (2.00%) Fintech
4 1 (2.00%) Virtual Team
Operating Systems
1 5 (10.00%) AIX
2 4 (8.00%) Unix
3 3 (6.00%) Solaris
Processes & Methodologies
1 10 (20.00%) Agile Software Development
1 10 (20.00%) Anti-Money Laundering
1 10 (20.00%) User Acceptance Testing
2 6 (12.00%) Cash Management
3 5 (10.00%) Business Analysis
3 5 (10.00%) Technical Analysis
4 4 (8.00%) Migration
4 4 (8.00%) Project Management
4 4 (8.00%) SDLC
4 4 (8.00%) System Integration Testing
5 3 (6.00%) ITIL
5 3 (6.00%) Stakeholder Management
5 3 (6.00%) Technical Architecture
5 3 (6.00%) Test Automation
5 3 (6.00%) Test Management
5 3 (6.00%) Waterfall
5 3 (6.00%) Workflow
6 2 (4.00%) Continuous Integration
6 2 (4.00%) Customer Engagement
6 2 (4.00%) Enterprise Architecture
Programming Languages
1 11 (22.00%) Java
2 9 (18.00%) SQL
3 1 (2.00%) PL/SQL
Qualifications
1 2 (4.00%) PMI Certification
2 1 (2.00%) CCA
Quality Assurance & Compliance
1 8 (16.00%) QA
2 5 (10.00%) PSD2
3 4 (8.00%) TARGET2
4 1 (2.00%) COBIT
4 1 (2.00%) GDPR
4 1 (2.00%) ISO 20022
4 1 (2.00%) SLA
System Software
1 1 (2.00%) Docker
Systems Management
1 1 (2.00%) Kubernetes
Vendors
1 10 (20.00%) Oracle
2 1 (2.00%) SAP
2 1 (2.00%) VMware