Period
to 21 January 2018

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 21 January 2018 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
21 Jan 2018
Same period 2017 Same period 2016
Rank 824 789 789
Rank change year-on-year -35 0 +18
Contract jobs citing SEPA 53 60 92
As % of all contract IT jobs advertised in the UK 0.054% 0.062% 0.085%
As % of the Quality Assurance & Compliance category 0.41% 0.54% 0.71%
Number of daily rates quoted 36 52 54
UK median daily rate £500 £475 £500
Median daily rate % change year-on-year +5.26% -5.00% +5.26%
10th Percentile £334 £364 £317
90th Percentile £581 £775 £644
UK excluding London median daily rate £475 £450 £438
% change year-on-year +5.56% +2.86% -14.54%
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 12,908 11,035 12,934
As % of all contract IT jobs advertised in the UK 13.07% 11.49% 11.98%
Number of daily rates quoted 8,471 7,221 8,107
UK median daily rate £448 £425 £404
Median daily rate % change year-on-year +5.29% +5.20% +1.00%
10th Percentile £258 £228 £230
90th Percentile £638 £625 £588
UK excluding London median daily rate £400 £400 £388
% change year-on-year - +3.23% +6.90%
Number of hourly rates quoted 355 395 471
UK median hourly rate £21.00 £23.34 £25.00
Median hourly rate % change year-on-year -10.03% -6.64% +25.00%
10th Percentile £11.25 £10.83 £11.00
90th Percentile £50.77 £47.50 £54.00
UK excluding London median hourly rate £22.50 £25.00 £25.00
% change year-on-year -10.00% - +25.00%

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 21 January 2018.

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 21 January 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
England -12 53 £500 +8.11% 9
London -45 45 £500 +5.26% 8
UK excluding London +13 8 £475 +5.56% 1
South West +5 5 £550 -
North of England +46 2 £358 -20.56% 1
Yorkshire +13 2 £358 -11.18%
West Midlands +17 1 £275 -31.25%
Midlands +12 1 £275 -31.25%

For the 6 months to 21 January 2018, 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 41 (77.36%) Finance
2 40 (75.47%) Banking
3 39 (73.58%) SWIFT
4 16 (30.19%) Java
4 16 (30.19%) Oracle
4 16 (30.19%) Anti-Money Laundering
5 15 (28.30%) J2EE
6 14 (26.42%) Investment Banking
7 13 (24.53%) AIX
8 12 (22.64%) JSP
8 12 (22.64%) SQL Server
8 12 (22.64%) MQSeries
8 12 (22.64%) User Acceptance Testing
9 11 (20.75%) Unix
10 10 (18.87%) Agile Software Development
11 9 (16.98%) Fedwire
11 9 (16.98%) QA
11 9 (16.98%) Solaris
12 7 (13.21%) SQL
12 7 (13.21%) Actimize
12 7 (13.21%) Kalman Filter
13 6 (11.32%) Oracle Cash Management
13 6 (11.32%) Retail Banking
13 6 (11.32%) Cash Management
14 5 (9.43%) Financial Institution
14 5 (9.43%) Java EE
14 5 (9.43%) Technical Analysis
14 5 (9.43%) SDLC
15 4 (7.55%) System Integration Testing
15 4 (7.55%) TARGET2

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 12 (22.64%) MQSeries
2 4 (7.55%) WebSphere
3 1 (1.89%) BizTalk Server
3 1 (1.89%) WebSphere Application Server
Applications
1 1 (1.89%) MS Visio
Business Applications
1 7 (13.21%) Actimize
2 6 (11.32%) Oracle Cash Management
3 3 (5.66%) Misys Midas
4 2 (3.77%) BASE24
5 1 (1.89%) Postilion
5 1 (1.89%) SAP CO
5 1 (1.89%) SAP FI
5 1 (1.89%) SAP FI/CO
Cloud Services
1 1 (1.89%) Amazon AWS
1 1 (1.89%) IaaS
1 1 (1.89%) Microsoft Azure
Communications & Networking
1 2 (3.77%) ATM
Database & Business Intelligence
1 12 (22.64%) SQL Server
2 4 (7.55%) MySQL
3 2 (3.77%) MongoDB
4 1 (1.89%) Apache Cassandra
4 1 (1.89%) Oracle Database
4 1 (1.89%) Oracle Database 11g
Development Applications
1 1 (1.89%) Cucumber
1 1 (1.89%) SoapUI
General
1 41 (77.36%) Finance
2 40 (75.47%) Banking
3 14 (26.42%) Investment Banking
4 6 (11.32%) Retail Banking
5 5 (9.43%) Financial Institution
6 2 (3.77%) Legal
6 2 (3.77%) Marketing
7 1 (1.89%) Front Office
7 1 (1.89%) International Banking
7 1 (1.89%) Retail
Job Titles
1 31 (58.49%) Analyst
2 14 (26.42%) Business Analyst
3 12 (22.64%) Applications Support
4 11 (20.75%) Applications Support Analyst
4 11 (20.75%) Support Analyst
5 10 (18.87%) Compliance Analyst
5 10 (18.87%) Payments Analyst
6 7 (13.21%) Consultant
7 6 (11.32%) Architect
7 6 (11.32%) Payments Business Analyst
8 5 (9.43%) Solutions Architect
8 5 (9.43%) Systems Analyst
9 4 (7.55%) Applications Consultant
9 4 (7.55%) Banking Analyst
9 4 (7.55%) Compliance Consultant
9 4 (7.55%) Payments Architect
10 3 (5.66%) Payments Solutions Architect
10 3 (5.66%) Technical Analyst
10 3 (5.66%) Tester
11 2 (3.77%) Developer
Libraries, Frameworks & Software Standards
1 15 (28.30%) J2EE
2 12 (22.64%) JSP
3 5 (9.43%) Java EE
4 3 (5.66%) WebSphere MQ
5 1 (1.89%) Akka
5 1 (1.89%) Hibernate
5 1 (1.89%) Kafka
5 1 (1.89%) Middleware
5 1 (1.89%) RESTful
5 1 (1.89%) SOAP
5 1 (1.89%) Spring
5 1 (1.89%) XML
Miscellaneous
1 39 (73.58%) SWIFT
2 9 (16.98%) Fedwire
3 3 (5.66%) Enterprise Software
3 3 (5.66%) Mobile Payment
4 2 (3.77%) Analytical Skills
4 2 (3.77%) Foreign Exchange (FX)
4 2 (3.77%) PMI
5 1 (1.89%) Derivative
5 1 (1.89%) Equities
5 1 (1.89%) Virtual Team
Operating Systems
1 13 (24.53%) AIX
2 11 (20.75%) Unix
3 9 (16.98%) Solaris
4 1 (1.89%) Linux
Processes & Methodologies
1 16 (30.19%) Anti-Money Laundering
2 12 (22.64%) User Acceptance Testing
3 10 (18.87%) Agile Software Development
4 7 (13.21%) Kalman Filter
5 6 (11.32%) Cash Management
6 5 (9.43%) SDLC
6 5 (9.43%) Technical Analysis
7 4 (7.55%) Business Analysis
7 4 (7.55%) Migration
7 4 (7.55%) Project Management
7 4 (7.55%) System Integration Testing
7 4 (7.55%) Workflow
8 3 (5.66%) Data Architecture
8 3 (5.66%) ITIL
8 3 (5.66%) Presales
8 3 (5.66%) Scenario Testing
8 3 (5.66%) Technical Architecture
8 3 (5.66%) Test Automation
8 3 (5.66%) Waterfall
9 2 (3.77%) Process Improvement
Programming Languages
1 16 (30.19%) Java
2 7 (13.21%) SQL
3 1 (1.89%) C#
3 1 (1.89%) PL/SQL
Qualifications
1 2 (3.77%) PMI Certification
2 1 (1.89%) CCA
Quality Assurance & Compliance
1 9 (16.98%) QA
2 4 (7.55%) TARGET2
3 2 (3.77%) PCI DSS
4 1 (1.89%) COBIT
4 1 (1.89%) ISO 8583
4 1 (1.89%) PSD2
4 1 (1.89%) SLA
System Software
1 1 (1.89%) Docker
Systems Management
1 1 (1.89%) Kubernetes
Vendors
1 16 (30.19%) Oracle
2 2 (3.77%) Microsoft
3 1 (1.89%) SAP
3 1 (1.89%) Unisys
3 1 (1.89%) VMware