Period
to 23 November 2017

The following table provides summary statistics for contract job vacancies with a requirement for SWIFTNet skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFTNet over the 6 months to 23 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.

SWIFTNet
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 873 885 888
Rank change year-on-year +12 +3 +8
Contract jobs citing SWIFTNet 14 6 7
As % of all contract IT jobs advertised in the UK 0.014% 0.006% 0.006%
As % of the Communications & Networking category 0.099% 0.037% 0.044%
Number of daily rates quoted 7 4 0
UK median daily rate £500 £500 -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

SWIFTNet is in the Communications and Computer Networking category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for communications or computer networking skills.

All Communications and Computer Networking Skills
UK
Contract vacancies with a requirement for communications or computer networking skills 14137 16320 15778
As % of all contract IT jobs advertised in the UK 13.71% 15.50% 13.88%
Number of daily rates quoted 8593 9844 9128
UK median daily rate £400 £400 £388
Median daily rate % change year-on-year - +3.23% +3.33%
10th Percentile £181 £213 £213
90th Percentile £588 £575 £550
UK excluding London median daily rate £375 £375 £363
% change year-on-year - +3.45% +3.57%
Number of hourly rates quoted 746 837 1018
UK median hourly rate £19.00 £23.75 £20.94
Median hourly rate % change year-on-year -20.00% +13.45% +4.68%
10th Percentile £11.25 £11.72 £11.00
90th Percentile £46.82 £48.00 £46.00
UK excluding London median hourly rate £18.27 £25.00 £21.00
% change year-on-year -26.92% +19.05% +5.00%

SWIFTNet
Job Vacancy Trend

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

Job vacancy trend for SWIFTNet in the UK

SWIFTNet
Contractor Daily Rate Trend

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

Contractor daily rate trend for SWIFTNet in the UK

SWIFTNet
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SWIFTNet within the UK over the 6 months to 23 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 +24 14 £500 - 1
London -8 14 £500 - 1

For the 6 months to 23 November 2017, IT contractor jobs citing SWIFTNet 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 SWIFTNet.

1 13 (92.86%) SWIFT
2 12 (85.71%) TARGET2
2 12 (85.71%) Unix
2 12 (85.71%) Linux
3 10 (71.43%) Migration
4 4 (28.57%) Banking
5 3 (21.43%) Finance
6 2 (14.29%) International Banking
7 1 (7.14%) JIRA
7 1 (7.14%) Business Analysis
7 1 (7.14%) User Stories
7 1 (7.14%) Analytical Skills
7 1 (7.14%) SDLC
7 1 (7.14%) ISO 20022
7 1 (7.14%) SEPA
7 1 (7.14%) Digital Transformation Programme
7 1 (7.14%) Microsoft Project
7 1 (7.14%) XML
7 1 (7.14%) Scrum
7 1 (7.14%) APACS
7 1 (7.14%) Agile Software Development
7 1 (7.14%) E-Commerce
7 1 (7.14%) MS Visio
7 1 (7.14%) XML Schema
7 1 (7.14%) Mobile Commerce

SWIFTNet
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:

Applications
1 1 (7.14%) Microsoft Project
1 1 (7.14%) MS Visio
Development Applications
1 1 (7.14%) JIRA
General
1 4 (28.57%) Banking
2 3 (21.43%) Finance
3 2 (14.29%) International Banking
Job Titles
1 12 (85.71%) SWIFT Engineer
2 4 (28.57%) Administrator
3 1 (7.14%) Analyst
3 1 (7.14%) Business Analyst
3 1 (7.14%) Digital Analyst
3 1 (7.14%) Digital Business Analyst
3 1 (7.14%) Payments Analyst
3 1 (7.14%) Payments Business Analyst
Libraries, Frameworks & Software Standards
1 1 (7.14%) XML
1 1 (7.14%) XML Schema
Miscellaneous
1 13 (92.86%) SWIFT
2 1 (7.14%) Analytical Skills
2 1 (7.14%) APACS
Operating Systems
1 12 (85.71%) Linux
1 12 (85.71%) Unix
Processes & Methodologies
1 10 (71.43%) Migration
2 1 (7.14%) Agile Software Development
2 1 (7.14%) Business Analysis
2 1 (7.14%) Digital Transformation Programme
2 1 (7.14%) E-Commerce
2 1 (7.14%) Mobile Commerce
2 1 (7.14%) Scrum
2 1 (7.14%) SDLC
2 1 (7.14%) User Stories
Quality Assurance & Compliance
1 12 (85.71%) TARGET2
2 1 (7.14%) ISO 20022
2 1 (7.14%) SEPA