Period
to 19 September 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 19 September 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
19 Sep 2017
Same period 2016 Same period 2015
Rank 811 797 800
Rank change year-on-year -14 +3 -13
Contract jobs citing SEPA 48 92 106
As % of all contract IT jobs advertised in the UK 0.049% 0.086% 0.093%
As % of the Quality Assurance & Compliance category 0.40% 0.76% 0.80%
Number of daily rates quoted 32 68 60
UK median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £378 £336 £313
90th Percentile £611 £690 £650
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
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 11929 12110 13306
As % of all contract IT jobs advertised in the UK 12.09% 11.31% 11.73%
Number of daily rates quoted 7775 7860 8470
UK median daily rate £438 £413 £400
Median daily rate % change year-on-year +6.06% +3.13% -
10th Percentile £255 £225 £230
90th Percentile £638 £600 £588
UK excluding London median daily rate £400 £375 £375
% change year-on-year +6.67% - +3.45%
Number of hourly rates quoted 367 433 456
UK median hourly rate £21.90 £24.00 £21.55
Median hourly rate % change year-on-year -8.75% +11.37% +7.75%
10th Percentile £10.63 £10.75 £11.00
90th Percentile £48.93 £46.98 £56.36
UK excluding London median hourly rate £21.00 £25.25 £21.55
% change year-on-year -16.83% +17.17% +7.75%

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 19 September 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 10 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 19 September 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 0 46 £525 +5.00% 4
London -33 41 £525 +5.00% 4
UK excluding London +31 7 £500 -
North of England +78 2 £500 +2.56%
North West +30 2 £500 +2.56%
Scotland +30 2 £425 -6.59%
Midlands +24 1 - -
South West -5 1 - -
West Midlands - 1 - -
South East - 1 £725 -

For the 6 months to 19 September 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 37 (77.08%) Banking
2 31 (64.58%) Finance
3 25 (52.08%) SWIFT
4 11 (22.92%) Anti-Money Laundering
5 10 (20.83%) Stakeholder Management
6 9 (18.75%) Project Management
7 8 (16.67%) C
7 8 (16.67%) SQL
8 7 (14.58%) Agile Software Development
8 7 (14.58%) User Acceptance Testing
9 6 (12.50%) Java
9 6 (12.50%) Oracle
9 6 (12.50%) SQL Server
9 6 (12.50%) Business Analysis
10 5 (10.42%) Technical Analysis
10 5 (10.42%) QA
10 5 (10.42%) TOGAF
11 4 (8.33%) J2EE
11 4 (8.33%) PMI
11 4 (8.33%) PMI Certification
11 4 (8.33%) Cash Management
11 4 (8.33%) Actimize
11 4 (8.33%) Investment Banking
11 4 (8.33%) Oracle Cash Management
11 4 (8.33%) Presales
12 3 (6.25%) System Integration Testing
12 3 (6.25%) Enterprise Software
12 3 (6.25%) International Banking
12 3 (6.25%) Misys Midas
12 3 (6.25%) Test Management

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 2 (4.17%) BizTalk Server
Applications
1 2 (4.17%) Microsoft Project
2 1 (2.08%) MS Visio
Business Applications
1 4 (8.33%) Actimize
1 4 (8.33%) Oracle Cash Management
2 3 (6.25%) Misys Midas
3 1 (2.08%) Payment Gateway
3 1 (2.08%) SAP CO
3 1 (2.08%) SAP FI
3 1 (2.08%) SAP FI/CO
Communications & Networking
1 1 (2.08%) SWIFTNet
Database & Business Intelligence
1 6 (12.50%) SQL Server
Development Applications
1 1 (2.08%) JIRA
General
1 37 (77.08%) Banking
2 31 (64.58%) Finance
3 4 (8.33%) Investment Banking
4 3 (6.25%) International Banking
5 2 (4.17%) Legal
5 2 (4.17%) Marketing
6 1 (2.08%) Front Office
6 1 (2.08%) Retail
Job Titles
1 19 (39.58%) Analyst
2 13 (27.08%) Business Analyst
3 9 (18.75%) Architect
4 8 (16.67%) Payments Analyst
4 8 (16.67%) Solutions Architect
5 7 (14.58%) Payments Business Analyst
5 7 (14.58%) Project Manager
6 6 (12.50%) Banking Project Manager
6 6 (12.50%) Payments Project Manager
6 6 (12.50%) Support Analyst
7 5 (10.42%) IT Manager
7 5 (10.42%) IT Project Manager
7 5 (10.42%) Senior IT Manager
7 5 (10.42%) Senior IT Project Manager
7 5 (10.42%) Senior Manager
7 5 (10.42%) Senior Project Manager
7 5 (10.42%) Systems Analyst
8 4 (8.33%) Applications Support
8 4 (8.33%) Applications Support Analyst
8 4 (8.33%) Systems Support
Libraries, Frameworks & Software Standards
1 4 (8.33%) J2EE
2 2 (4.17%) .NET
2 2 (4.17%) Middleware
3 1 (2.08%) XML
3 1 (2.08%) XML Schema
Miscellaneous
1 25 (52.08%) SWIFT
2 4 (8.33%) PMI
3 3 (6.25%) Enterprise Software
4 2 (4.17%) Analytical Skills
4 2 (4.17%) Foreign Exchange (FX)
4 2 (4.17%) Mobile Payment
5 1 (2.08%) APACS
5 1 (2.08%) Equities
5 1 (2.08%) Fintech
Operating Systems
1 2 (4.17%) Unix
1 2 (4.17%) Windows
1 2 (4.17%) Windows Server
Processes & Methodologies
1 11 (22.92%) Anti-Money Laundering
2 10 (20.83%) Stakeholder Management
3 9 (18.75%) Project Management
4 7 (14.58%) Agile Software Development
4 7 (14.58%) User Acceptance Testing
5 6 (12.50%) Business Analysis
6 5 (10.42%) Technical Analysis
6 5 (10.42%) TOGAF
7 4 (8.33%) Cash Management
7 4 (8.33%) Presales
8 3 (6.25%) ITIL
8 3 (6.25%) PRINCE2
8 3 (6.25%) System Integration Testing
8 3 (6.25%) Test Automation
8 3 (6.25%) Test Management
8 3 (6.25%) Workflow
9 2 (4.17%) PRINCE
9 2 (4.17%) Risk Management
9 2 (4.17%) SDLC
9 2 (4.17%) Technical Architecture
Programming Languages
1 8 (16.67%) C
1 8 (16.67%) SQL
2 6 (12.50%) Java
Qualifications
1 4 (8.33%) PMI Certification
2 2 (4.17%) PMP
3 1 (2.08%) CCA
3 1 (2.08%) Degree
Quality Assurance & Compliance
1 5 (10.42%) QA
2 1 (2.08%) COBIT
2 1 (2.08%) GDPR
2 1 (2.08%) ISO 20022
2 1 (2.08%) TARGET2
Vendors
1 6 (12.50%) Oracle
2 1 (2.08%) Microsoft
2 1 (2.08%) SAP