Stress Testing Contracts

Stress Testing
UK

The following table provides summary statistics for contract job vacancies with a requirement for Stress Testing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stress Testing over the 6 months to 27 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 May 2024
Same period 2023 Same period 2022
Rank 552 636 737
Rank change year-on-year +84 +101 -76
Contract jobs citing Stress Testing 34 71 121
As % of all contract jobs advertised in the UK 0.080% 0.13% 0.14%
As % of the Processes & Methodologies category 0.093% 0.14% 0.15%
Number of daily rates quoted 23 56 99
10th Percentile £280 £514 £425
25th Percentile £281 £600 £604
Median daily rate (50th Percentile) £360 £675 £700
Median % change year-on-year -46.67% -3.57% +33.33%
75th Percentile £594 £950 £744
90th Percentile £600 £1,000 £795
UK excluding London median daily rate £285 £420 £450
% change year-on-year -32.14% -6.67% +18.42%

All Process and Methodology Skills
UK

Stress Testing is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,645 50,890 79,933
As % of all contract IT jobs advertised in the UK 85.73% 89.71% 90.60%
Number of daily rates quoted 23,625 35,239 56,102
10th Percentile £300 £325 £344
25th Percentile £413 £438 £431
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.69%
75th Percentile £638 £650 £640
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £485
% change year-on-year - +3.09% +8.99%
Number of hourly rates quoted 2,484 1,674 1,897
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.75 £15.50
Median hourly rate £36.02 £36.40 £25.68
Median % change year-on-year -1.02% +41.73% +9.28%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £37.75 £35.00 £20.00
% change year-on-year +7.86% +75.00% -4.99%

Stress Testing
Job Vacancy Trend

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

Job vacancy trend for Stress Testing in the UK

Stress Testing
Contractor Daily Rate Trend

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

Daily rate trend for Stress Testing in the UK

Stress Testing
Daily Rate Histogram

Daily rate distribution for jobs citing Stress Testing over the 6 months to 27 May 2024.

Daily rate histogram for Stress Testing in the UK

Stress Testing
Contractor Hourly Rate Trend

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

Hourly rate trend for Stress Testing in the UK

Stress Testing
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Stress Testing within the UK over the 6 months to 27 May 2024. 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 +59 25 £577 -14.52% 44
UK excluding London +55 17 £285 -32.14% 21
London +52 16 £471 -34.58% 32
Work from Home +108 15 £355 -48.66% 18
Scotland +46 9 £280 - 7
South East +19 7 £600 +26.32% 4
North of England - 2 £268 - 8
North West - 1 £268 - 5
Yorkshire - 1 - - 3

Stress Testing
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 5 (14.71%) SAS
Communications & Networking
1 1 (2.94%) Firewall
1 1 (2.94%) LAN
1 1 (2.94%) SD-WAN
1 1 (2.94%) WAN
1 1 (2.94%) Wi-Fi
General
1 24 (70.59%) Finance
2 14 (41.18%) Banking
3 8 (23.53%) Retail
4 7 (20.59%) Investment Banking
5 5 (14.71%) Corporate Banking
5 5 (14.71%) Retail Banking
5 5 (14.71%) Wholesale Banking
6 4 (11.76%) Social Skills
7 3 (8.82%) Public Sector
8 2 (5.88%) Analytical Skills
8 2 (5.88%) Front Office
Job Titles
1 17 (50.00%) Analyst
2 7 (20.59%) PMO Analyst
2 7 (20.59%) Qualitative Analyst
2 7 (20.59%) Quantitative Analyst
3 5 (14.71%) Risk Analyst
4 3 (8.82%) Data Modeller
4 3 (8.82%) Developer
5 2 (5.88%) Banking Analyst
5 2 (5.88%) Business Analyst
5 2 (5.88%) Credit Risk Modeller
5 2 (5.88%) Financial Analyst
5 2 (5.88%) Risk Business Analyst
5 2 (5.88%) SAS Developer
5 2 (5.88%) SAS Modeller
6 1 (2.94%) Automation Developer
6 1 (2.94%) Credit Risk Analyst
6 1 (2.94%) Credit Risk Manager
6 1 (2.94%) Investment Banking Business Analyst
6 1 (2.94%) Lead
6 1 (2.94%) Senior
Miscellaneous
1 15 (44.12%) Credit Risk
2 2 (5.88%) Market Risk
3 1 (2.94%) Management Information System
Processes & Methodologies
1 15 (44.12%) Project Delivery
2 7 (20.59%) Analytics
2 7 (20.59%) Validation
3 5 (14.71%) Credit Risk Analysis
3 5 (14.71%) Data Modelling
3 5 (14.71%) Financial Modelling
3 5 (14.71%) Portfolio Management
3 5 (14.71%) Project Management
3 5 (14.71%) Risk Analysis
3 5 (14.71%) Risk Management
3 5 (14.71%) Strategic Planning
3 5 (14.71%) Wealth Management
4 4 (11.76%) Problem-Solving
5 3 (8.82%) Critical Thinking
5 3 (8.82%) Internal Audit
5 3 (8.82%) Model Validation
6 2 (5.88%) Agile
6 2 (5.88%) Credit Risk Modelling
7 1 (2.94%) Business Analysis
7 1 (2.94%) Supply Chain Management
Programming Languages
1 3 (8.82%) SQL
2 2 (5.88%) Python
Qualifications
1 1 (2.94%) Degree
1 1 (2.94%) ITIL Certification
Quality Assurance & Compliance
1 13 (38.24%) PMO
2 8 (23.53%) IFRS
2 8 (23.53%) IFRS 9
3 1 (2.94%) Solvency II
Systems Management
1 1 (2.94%) Ansible
Vendors
1 1 (2.94%) Cisco
1 1 (2.94%) Palo Alto
1 1 (2.94%) Red Hat