FpML Contracts with Work from Home Options

Financial Products Markup Language (FpML)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for FpML skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FpML over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 333 457 611
Rank change year-on-year +124 +154 -
Contract jobs citing FpML 4 10 14
As % of all contract jobs with a WFH option 0.026% 0.039% 0.031%
As % of the Libraries, Frameworks & Software Standards category 0.11% 0.15% 0.11%
Number of daily rates quoted 4 10 8
10th Percentile - £490 £438
25th Percentile £640 £725 £634
Median daily rate (50th Percentile) £645 £925 £750
Median % change year-on-year -30.27% +23.33% -
75th Percentile £650 £1,013 -
90th Percentile - - -
UK median daily rate £625 £600 £650
% change year-on-year +4.17% -7.69% +8.33%

All Software Libraries and Frameworks
Work from Home

FpML is in the Software Libraries and Frameworks category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for technical specification, industry standards, software libraries and framework skills.

Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 3,622 6,461 13,230
As % of all contract jobs with a WFH option 23.91% 25.26% 29.67%
Number of daily rates quoted 2,540 4,808 9,769
10th Percentile £331 £394 £400
25th Percentile £425 £450 £450
Median daily rate (50th Percentile) £525 £540 £548
Median % change year-on-year -2.78% -1.46% +12.99%
75th Percentile £650 £656 £638
90th Percentile £775 £750 £725
UK median daily rate £525 £550 £550
% change year-on-year -4.55% - +10.00%
Number of hourly rates quoted 93 80 119
10th Percentile £28.00 £22.50 £21.00
25th Percentile - £43.60 £35.00
Median hourly rate £43.00 £62.50 £49.00
Median % change year-on-year -31.20% +27.55% +8.89%
75th Percentile £62.00 £75.00 £60.63
90th Percentile £72.50 £80.25 £67.80
UK median hourly rate £46.84 £65.00 £49.50
% change year-on-year -27.94% +31.31% +10.00%

FpML
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing FpML as a proportion of all IT jobs advertised.

FpML trend for jobs with a WFH option

FpML
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing FpML.

FpML daily rate for jobs with a WFH option

FpML
Co-occurring Skills and Capabilities with WFH Options 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:

General
1 2 (50.00%) Back Office
1 2 (50.00%) Finance
1 2 (50.00%) Front Office
1 2 (50.00%) Social Skills
Job Titles
1 2 (50.00%) Analyst
1 2 (50.00%) Data Modeller
1 2 (50.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 4 (100.00%) XML
2 2 (50.00%) Middleware
Miscellaneous
1 2 (50.00%) Hedge funds
1 2 (50.00%) Reference Data
Processes & Methodologies
1 2 (50.00%) Agile
1 2 (50.00%) Data Modelling
1 2 (50.00%) Migration
1 2 (50.00%) Software Testing
1 2 (50.00%) System Integration Testing
1 2 (50.00%) Test Automation
1 2 (50.00%) Waterfall
Vendors
1 2 (50.00%) Murex