MiFID Contracts with Hybrid/Remote/WFH Options

Markets in Financial Instruments Directive (MiFID)
UK > Work from Home

The table below provides summary statistics for remote or hybrid contract work requiring MiFID skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited MiFID over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 263 310 459
Rank change year-on-year +47 +149 +132
Contract jobs citing MiFID 41 35 18
As % of all contract jobs with a WFH option 0.41% 0.23% 0.070%
As % of the Quality Assurance & Compliance category 2.76% 1.56% 0.57%
Number of daily rates quoted 36 33 15
10th Percentile £575 £400 £288
25th Percentile £638 £475 £506
Median daily rate (50th Percentile) £675 £625 £550
Median % change year-on-year +8.00% +13.64% -8.33%
75th Percentile £938 £750 £713
90th Percentile - £800 £731
UK median daily rate £675 £700 £675
% change year-on-year -3.57% +3.70% +3.85%

All Quality Assurance and Compliance Skills
Work from Home

MiFID falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 1,488 2,240 3,140
As % of all contract jobs with a WFH option 15.02% 14.60% 12.14%
Number of daily rates quoted 1,005 1,532 2,292
10th Percentile £281 £313 £325
25th Percentile £400 £420 £415
Median daily rate (50th Percentile) £500 £510 £515
Median % change year-on-year -1.96% -0.97% +3.00%
75th Percentile £603 £623 £625
90th Percentile £713 £750 £725
UK median daily rate £500 £510 £525
% change year-on-year -1.96% -2.86% +2.44%
Number of hourly rates quoted 47 79 63
10th Percentile £17.98 £12.75 £18.54
25th Percentile £23.13 £14.00 £25.50
Median hourly rate £39.00 £22.87 £43.00
Median % change year-on-year +70.53% -46.81% -2.16%
75th Percentile £67.50 £44.38 £61.88
90th Percentile £87.15 £65.00 £72.35
UK median hourly rate £34.50 £20.80 £37.50
% change year-on-year +65.85% -44.53% +33.93%

MiFID
Trend for Jobs with a WFH Option

Job vacancies with remote working options citing MiFID as a proportion of all IT jobs advertised.

MiFID trend for jobs with Hybrid/Remote/WFH options

MiFID
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with remote working options citing MiFID.

MiFID daily rate for jobs with a WFH option

MiFID
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with remote working options citing MiFID over the 6 months to 1 May 2025.

MiFID daily rate histogram for jobs with a WFH option

MiFID
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:

Applications
1 5 (12.20%) Microsoft Excel
2 2 (4.88%) Microsoft PowerPoint
2 2 (4.88%) Microsoft Project
Business Applications
1 1 (2.44%) Fidessa
1 1 (2.44%) Kondor
1 1 (2.44%) Summit
Cloud Services
1 2 (4.88%) Azure
2 1 (2.44%) AWS
2 1 (2.44%) Azure DevOps
2 1 (2.44%) GCP
Database & Business Intelligence
1 24 (58.54%) Data Lake
2 2 (4.88%) SQL Server
3 1 (2.44%) Data Mart
3 1 (2.44%) SQL Server Reporting Services
Development Applications
1 5 (12.20%) JIRA
2 1 (2.44%) Git
2 1 (2.44%) Jenkins
2 1 (2.44%) Visual Studio
General
1 39 (95.12%) Finance
2 29 (70.73%) Front Office
3 11 (26.83%) Banking
4 9 (21.95%) Social Skills
5 7 (17.07%) Investment Banking
6 6 (14.63%) Analytical Skills
7 3 (7.32%) Back Office
8 2 (4.88%) Financial Institution
9 1 (2.44%) Legal
9 1 (2.44%) Organisational Skills
9 1 (2.44%) Presentation Skills
9 1 (2.44%) Private Banking
Job Titles
1 24 (58.54%) Lead
2 10 (24.39%) Business Analyst
3 7 (17.07%) Analyst
4 4 (9.76%) Data Business Analyst
5 2 (4.88%) Data Analyst
5 2 (4.88%) Project Manager
6 1 (2.44%) Analyst Developer
6 1 (2.44%) Banking Analyst
6 1 (2.44%) Banking Business Analyst
6 1 (2.44%) Developer
6 1 (2.44%) FX Business Analyst
6 1 (2.44%) Product Analyst
6 1 (2.44%) Product Manager
6 1 (2.44%) Programme Manager
6 1 (2.44%) Report Manager
6 1 (2.44%) Risk Management Specialist
6 1 (2.44%) Senior Manager
6 1 (2.44%) Senior Project Manager
6 1 (2.44%) Software Developer
6 1 (2.44%) Test Manager
Libraries, Frameworks & Software Standards
1 2 (4.88%) REST
2 1 (2.44%) .NET
2 1 (2.44%) ASP.NET
2 1 (2.44%) ASP.NET MVC
2 1 (2.44%) FpML
2 1 (2.44%) Kafka
2 1 (2.44%) Murex MxML
2 1 (2.44%) SOAP
2 1 (2.44%) XML
Miscellaneous
1 30 (73.17%) Foreign Exchange (FX)
2 29 (70.73%) Derivative
3 28 (68.29%) Equities
3 28 (68.29%) Fixed Income
4 24 (58.54%) Hedge funds
5 2 (4.88%) Management Information System
5 2 (4.88%) Product Ownership
6 1 (2.44%) DTCC
6 1 (2.44%) Legacy Systems
6 1 (2.44%) Onboarding
6 1 (2.44%) Reference Data
6 1 (2.44%) SWIFT Messaging Network
Operating Systems
1 2 (4.88%) Unix
2 1 (2.44%) Linux
Processes & Methodologies
1 29 (70.73%) Regulatory Compliance
2 28 (68.29%) Data Management
3 26 (63.41%) Agile
4 25 (60.98%) Investment Management
4 25 (60.98%) Migration
5 24 (58.54%) Data Governance
5 24 (58.54%) Roadmaps
6 8 (19.51%) Regulatory Change
7 7 (17.07%) Problem-Solving
7 7 (17.07%) Risk Management
8 5 (12.20%) Data Analysis
8 5 (12.20%) Requirements Gathering
9 4 (9.76%) Business Analysis
9 4 (9.76%) MoSCoW
9 4 (9.76%) Process Improvement
9 4 (9.76%) Project Management
9 4 (9.76%) Stakeholder Management
10 3 (7.32%) Analytics
10 3 (7.32%) Data Analytics
10 3 (7.32%) Decision-Making
Programming Languages
1 9 (21.95%) SQL
2 4 (9.76%) Python
3 1 (2.44%) C#
3 1 (2.44%) PowerShell
3 1 (2.44%) Ruby
3 1 (2.44%) T-SQL
Qualifications
1 4 (9.76%) Degree
2 3 (7.32%) PMI Certification
2 3 (7.32%) PMP
3 2 (4.88%) CBAP
3 2 (4.88%) Master's Degree
4 1 (2.44%) ISTQB
Quality Assurance & Compliance
1 9 (21.95%) EMIR
2 2 (4.88%) Accessibility
2 2 (4.88%) Data Quality
2 2 (4.88%) Dodd-Frank
3 1 (2.44%) Basel III
3 1 (2.44%) GDPR
3 1 (2.44%) QA
Vendors
1 2 (4.88%) Bloomberg
2 1 (2.44%) CQG
2 1 (2.44%) ION Trading
2 1 (2.44%) Microsoft
2 1 (2.44%) Murex
2 1 (2.44%) Oracle
2 1 (2.44%) Reuters
2 1 (2.44%) Sybase
2 1 (2.44%) Tradeweb