IFRS 9 Contracts with Work from Home Options

IFRS 9 Financial Instruments
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 IFRS 9 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS 9 over the 6 months to 28 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 337 - 609
Rank change year-on-year - - -147
Contract jobs citing IFRS 9 9 0 14
As % of all contract jobs with a WFH option 0.059% - 0.031%
As % of the Quality Assurance & Compliance category 0.40% - 0.24%
Number of daily rates quoted 7 0 7
10th Percentile £491 - £500
25th Percentile £563 - £575
Median daily rate (50th Percentile) £600 - £600
Median % change year-on-year - - +18.52%
75th Percentile - - £750
90th Percentile £640 - £811
UK median daily rate £600 £600 £613
% change year-on-year - -2.04% +12.64%

All Quality Assurance and Compliance Skills
Work from Home

IFRS 9 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 WFH option and a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 2,237 3,140 5,905
As % of all contract jobs with a WFH option 14.64% 12.14% 13.24%
Number of daily rates quoted 1,522 2,291 4,194
10th Percentile £313 £325 £313
25th Percentile £420 £415 £401
Median daily rate (50th Percentile) £511 £515 £500
Median % change year-on-year -0.73% +3.00% +5.26%
75th Percentile £622 £625 £600
90th Percentile £750 £725 £695
UK median daily rate £510 £525 £513
% change year-on-year -2.86% +2.44% +7.89%
Number of hourly rates quoted 78 63 119
10th Percentile £12.75 £18.54 £11.75
25th Percentile £14.00 £25.50 £18.13
Median hourly rate £21.94 £43.00 £43.95
Median % change year-on-year -48.99% -2.16% +118.28%
75th Percentile £40.00 £61.88 £49.25
90th Percentile £65.00 £72.35 £66.30
UK median hourly rate £20.61 £37.50 £28.50
% change year-on-year -45.05% +31.58% +35.39%

IFRS 9
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing IFRS 9 as a proportion of all IT jobs advertised.

IFRS 9 trend for jobs with a WFH option

IFRS 9
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 IFRS 9.

IFRS 9 daily rate for jobs with a WFH option

IFRS 9
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing IFRS 9 over the 6 months to 28 April 2024.

IFRS 9 daily rate histogram for jobs with a WFH option

IFRS 9
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:

Application Platforms
1 3 (33.33%) SAS
Cloud Services
1 1 (11.11%) Azure
1 1 (11.11%) Dynamics 365
Database & Business Intelligence
1 1 (11.11%) Data Warehouse
General
1 6 (66.67%) Finance
2 1 (11.11%) Analytical Skills
2 1 (11.11%) Banking
2 1 (11.11%) Public Sector
2 1 (11.11%) Retail
2 1 (11.11%) Social Skills
Job Titles
1 4 (44.44%) Data Modeller
2 3 (33.33%) SAS Modeller
3 2 (22.22%) Analyst
3 2 (22.22%) Business Analyst
3 2 (22.22%) Credit Risk Modeller
4 1 (11.11%) Architect
4 1 (11.11%) Enterprise Architect
4 1 (11.11%) Enterprise Solutions Architect
4 1 (11.11%) Finance Business Analyst
4 1 (11.11%) Financial Analyst
4 1 (11.11%) Financial Business Analyst
4 1 (11.11%) Report Analyst
4 1 (11.11%) Solutions Architect
Miscellaneous
1 6 (66.67%) Credit Risk
Processes & Methodologies
1 6 (66.67%) Data Modelling
1 6 (66.67%) Stress Testing
2 5 (55.56%) Analytics
3 3 (33.33%) Portfolio Management
3 3 (33.33%) Validation
4 2 (22.22%) Agile
4 2 (22.22%) Business Analysis
4 2 (22.22%) Credit Risk Modelling
4 2 (22.22%) Internal Audit
5 1 (11.11%) Architectural Design
5 1 (11.11%) Change Management
5 1 (11.11%) Epics
5 1 (11.11%) Model Validation
5 1 (11.11%) Project Management
5 1 (11.11%) Quantitative Analysis
5 1 (11.11%) Regulatory Compliance
5 1 (11.11%) Requirements Analysis
5 1 (11.11%) Risk Management
5 1 (11.11%) TOGAF
5 1 (11.11%) User Stories
Programming Languages
1 3 (33.33%) SQL
Qualifications
1 1 (11.11%) Degree
1 1 (11.11%) SC Cleared
1 1 (11.11%) Security Cleared
1 1 (11.11%) TOGAF Certification
Quality Assurance & Compliance
1 9 (100.00%) IFRS
2 1 (11.11%) Basel III
2 1 (11.11%) COREP
2 1 (11.11%) FINREP
2 1 (11.11%) IFRS 17