IFRS Contracts with Work from Home Options

International Financial Reporting Standards (IFRS)
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 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 316 458 539
Rank change year-on-year +142 +81 -107
Contract jobs citing IFRS 25 10 76
As % of all contract jobs with a WFH option 0.17% 0.040% 0.17%
As % of the Quality Assurance & Compliance category 1.15% 0.33% 1.30%
Number of daily rates quoted 12 6 50
10th Percentile £513 £475 £473
25th Percentile £550 £503 £513
Median daily rate (50th Percentile) £600 £550 £600
Median % change year-on-year +9.09% -8.33% +12.94%
75th Percentile £613 £631 £700
90th Percentile £650 £650 £763
UK median daily rate £600 £650 £613
% change year-on-year -7.69% +6.12% +11.36%

All Quality Assurance and Compliance Skills
Work from Home

IFRS 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 2,178 3,067 5,831
As % of all contract jobs with a WFH option 14.45% 12.22% 13.29%
Number of daily rates quoted 1,506 2,244 4,151
10th Percentile £313 £325 £313
25th Percentile £419 £420 £403
Median daily rate (50th Percentile) £517 £524 £500
Median % change year-on-year -1.29% +4.75% +5.26%
75th Percentile £625 £625 £600
90th Percentile £750 £725 £700
UK median daily rate £513 £525 £513
% change year-on-year -2.38% +2.44% +7.89%
Number of hourly rates quoted 77 64 118
10th Percentile £12.75 £18.56 £11.75
25th Percentile £14.00 £23.02 £18.50
Median hourly rate £23.50 £39.80 £42.73
Median % change year-on-year -40.95% -6.85% +112.19%
75th Percentile £48.75 £60.94 £49.25
90th Percentile £65.00 £72.28 £66.45
UK median hourly rate £21.00 £35.00 £27.75
% change year-on-year -40.00% +26.13% +31.99%

IFRS
Trend for Jobs with a WFH Option

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

IFRS trend for jobs with a WFH option

IFRS
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.

IFRS daily rate for jobs with a WFH option

IFRS
Daily Rate Histogram for Jobs with a WFH Option

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

IFRS daily rate histogram for jobs with a WFH option

IFRS
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 (12.00%) SAS
Business Applications
1 1 (4.00%) SAP CO
1 1 (4.00%) SAP FI
1 1 (4.00%) SAP FI/CO
1 1 (4.00%) SAP FSCM
Cloud Services
1 1 (4.00%) Amazon CloudWatch
1 1 (4.00%) Amazon EC2
1 1 (4.00%) Amazon S3
1 1 (4.00%) AWS
1 1 (4.00%) Azure
1 1 (4.00%) Dynamics 365
1 1 (4.00%) Virtual Private Cloud
Database & Business Intelligence
1 3 (12.00%) Data Warehouse
1 3 (12.00%) SQL Server
1 3 (12.00%) SQL Server Analysis Services
1 3 (12.00%) SQL Server Integration Services
2 1 (4.00%) Amazon RDS
2 1 (4.00%) Oracle Database
2 1 (4.00%) SAP HANA
General
1 20 (80.00%) Finance
2 5 (20.00%) Analytical Skills
2 5 (20.00%) Social Skills
3 4 (16.00%) Telecoms
4 1 (4.00%) Banking
4 1 (4.00%) Financial Institution
4 1 (4.00%) General Ledger
4 1 (4.00%) Public Sector
4 1 (4.00%) Retail
Job Titles
1 5 (20.00%) Analyst
1 5 (20.00%) Consultant
1 5 (20.00%) SAP Consultant
2 4 (16.00%) Data Modeller
2 4 (16.00%) Financial Analyst
3 3 (12.00%) Data Engineer
3 3 (12.00%) SAS Modeller
4 2 (8.00%) Architect
4 2 (8.00%) Credit Risk Modeller
4 2 (8.00%) Project Manager
4 2 (8.00%) Solutions Architect
5 1 (4.00%) Administrator
5 1 (4.00%) Analytics Manager
5 1 (4.00%) Business Analyst
5 1 (4.00%) DBA
5 1 (4.00%) Enterprise Architect
5 1 (4.00%) Enterprise Solutions Architect
5 1 (4.00%) Oracle DBA
5 1 (4.00%) Regulatory Change Manager
Miscellaneous
1 6 (24.00%) Credit Risk
2 1 (4.00%) Clustering
2 1 (4.00%) Replication
Processes & Methodologies
1 8 (32.00%) Data Modelling
2 6 (24.00%) Analytics
2 6 (24.00%) Stress Testing
3 5 (20.00%) Revenue Recognition
4 4 (16.00%) Migration
4 4 (16.00%) Requirements Workshops
5 3 (12.00%) Business Intelligence
5 3 (12.00%) Conceptual Models
5 3 (12.00%) Data Engineering
5 3 (12.00%) Data Governance
5 3 (12.00%) ETL
5 3 (12.00%) Portfolio Management
5 3 (12.00%) Project Management
5 3 (12.00%) Validation
6 2 (8.00%) Credit Risk Modelling
6 2 (8.00%) Internal Audit
6 2 (8.00%) Regulatory Change
7 1 (4.00%) Budget Management
7 1 (4.00%) Cost Centre Accounting
7 1 (4.00%) Profit Centre Accounting
Programming Languages
1 7 (28.00%) SQL
2 1 (4.00%) PL/SQL
Qualifications
1 4 (16.00%) ICAEW
2 2 (8.00%) SC Cleared
2 2 (8.00%) Security Cleared
3 1 (4.00%) ACCA
3 1 (4.00%) CCA
3 1 (4.00%) CIMA
3 1 (4.00%) Degree
3 1 (4.00%) DV Cleared
3 1 (4.00%) OCP
3 1 (4.00%) Oracle Certification
3 1 (4.00%) SAP Certification
3 1 (4.00%) TOGAF Certification
Quality Assurance & Compliance
1 8 (32.00%) IFRS 9
2 4 (16.00%) GAAP
2 4 (16.00%) IFRS 17
3 3 (12.00%) Data Quality
3 3 (12.00%) Solvency II
4 2 (8.00%) Basel III
5 1 (4.00%) COREP
5 1 (4.00%) Dodd-Frank
5 1 (4.00%) FINREP
5 1 (4.00%) GDPR
System Software
1 1 (4.00%) Oracle RAC
Systems Management
1 1 (4.00%) Data Guard
Vendors
1 6 (24.00%) SAP
2 1 (4.00%) Oracle