Period
to 20 January 2018

The following table provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for Risk Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Risk Analysis over the 6 months to 20 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.

Risk Analysis
England > West Midlands
6 months to
20 Jan 2018
Same period 2017 Same period 2016
Rank 165 170 170
Rank change year-on-year +5 0 -1
Contract jobs citing Risk Analysis 10 27 10
As % of all contract IT jobs advertised in the West Midlands 0.21% 0.49% 0.20%
As % of the Processes & Methodologies category 0.26% 0.60% 0.25%
Number of daily rates quoted 5 15 8
West Midlands median daily rate £363 £400 £406
Median daily rate % change year-on-year -9.38% -1.54% -16.67%
10th Percentile £314 £80 £303
90th Percentile £399 £583 £456
England median daily rate £425 £413 £475
% change year-on-year +3.03% -13.16% +11.76%
Number of hourly rates quoted 0 1 0
West Midlands median hourly rate - £29.50 -
England median hourly rate £43.43 £53.00 £47.14
% change year-on-year -18.07% +12.44% +55.82%

Risk Analysis 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 advertised in the West Midlands with a requirement for process or methodology skills.

All Process and Methodology Skills
West Midlands
Contract vacancies with a requirement for process or methodology skills 3,846 4,517 4,020
As % of all contract IT jobs advertised in the West Midlands 82.62% 82.46% 81.18%
Number of daily rates quoted 2,447 2,730 2,262
West Midlands median daily rate £400 £400 £375
Median daily rate % change year-on-year - +6.67% +4.17%
10th Percentile £246 £250 £244
90th Percentile £550 £550 £540
England median daily rate £450 £433 £425
% change year-on-year +4.05% +1.76% +6.12%
Number of hourly rates quoted 143 133 170
West Midlands median hourly rate £24.98 £21.26 £20.00
Median hourly rate % change year-on-year +17.50% +6.30% -11.11%
10th Percentile £11.33 £10.90 £11.00
90th Percentile £48.75 £41.86 £43.75
England median hourly rate £24.00 £25.00 £23.00
% change year-on-year -4.00% +8.70% +15.00%

Risk Analysis
Job Vacancy Trend in the West Midlands

Job postings citing Risk Analysis as a percentage of all IT jobs advertised in the West Midlands.

Job vacancy trend for Risk Analysis in the West Midlands

Risk Analysis
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Risk Analysis in the West Midlands.

Contractor daily rate trend for Risk Analysis in the West Midlands

Risk Analysis
Contractor Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Risk Analysis in the West Midlands.

Contractor hourly rate trend for Risk Analysis in the West Midlands

Risk Analysis
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Risk Analysis within the West Midlands region over the 6 months to 20 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
Warwickshire +10 7 £363 -
Shropshire - 3 - -
Risk Analysis
England

For the 6 months to 20 January 2018, IT contractor jobs citing Risk Analysis also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Risk Analysis.

1 7 (70.00%) User Acceptance Testing
1 7 (70.00%) System Testing
1 7 (70.00%) Scenario Testing
2 6 (60.00%) Test Planning
3 5 (50.00%) Change Management
3 5 (50.00%) Functional Testing
3 5 (50.00%) Test Scripting
4 4 (40.00%) Analytical Skills
5 3 (30.00%) Knowledge Management
5 3 (30.00%) Risk Management
5 3 (30.00%) Finance
5 3 (30.00%) Validation
5 3 (30.00%) Microsoft Excel
5 3 (30.00%) Risk Analytics
5 3 (30.00%) Analytics
5 3 (30.00%) Analytical Thinking
5 3 (30.00%) Statistics
5 3 (30.00%) Mathematics
5 3 (30.00%) Solvency II
5 3 (30.00%) Process Improvement
6 2 (20.00%) Data Migration
6 2 (20.00%) Migration
6 2 (20.00%) Incident Management
6 2 (20.00%) Data Analysis
7 1 (10.00%) Management Information System

Risk Analysis
Co-occurring IT Skills in the West Midlands 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 3 (30.00%) Microsoft Excel
General
1 3 (30.00%) Finance
Job Titles
1 6 (60.00%) Analyst
2 5 (50.00%) Test Analyst
3 4 (40.00%) Systems Analyst
3 4 (40.00%) Systems Test Analyst
4 3 (30.00%) Consultant
4 3 (30.00%) Risk Consultant
5 1 (10.00%) Business Analyst
5 1 (10.00%) Test Manager
Miscellaneous
1 4 (40.00%) Analytical Skills
2 1 (10.00%) Management Information System
Processes & Methodologies
1 7 (70.00%) Scenario Testing
1 7 (70.00%) System Testing
1 7 (70.00%) User Acceptance Testing
2 6 (60.00%) Test Planning
3 5 (50.00%) Change Management
3 5 (50.00%) Functional Testing
3 5 (50.00%) Test Scripting
4 3 (30.00%) Analytical Thinking
4 3 (30.00%) Analytics
4 3 (30.00%) Knowledge Management
4 3 (30.00%) Mathematics
4 3 (30.00%) Process Improvement
4 3 (30.00%) Risk Analytics
4 3 (30.00%) Risk Management
4 3 (30.00%) Statistics
4 3 (30.00%) Validation
5 2 (20.00%) Data Analysis
5 2 (20.00%) Data Migration
5 2 (20.00%) Incident Management
5 2 (20.00%) Migration
Quality Assurance & Compliance
1 3 (30.00%) Solvency II