Stress Testing Contracts with Work from Home Options

Stress Testing
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 Stress Testing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Stress Testing 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 326 444 565
Rank change year-on-year +118 +121 -105
Contract jobs citing Stress Testing 15 24 50
As % of all contract jobs with a WFH option 0.100% 0.096% 0.11%
As % of the Processes & Methodologies category 0.11% 0.11% 0.13%
Number of daily rates quoted 11 20 35
10th Percentile £281 £405 £363
25th Percentile £358 £514 £463
Median daily rate (50th Percentile) £575 £654 £615
Median % change year-on-year -12.08% +6.34% +20.00%
75th Percentile £600 £950 £700
90th Percentile - £953 £738
UK median daily rate £577 £675 £700
% change year-on-year -14.52% -3.57% +34.94%

All Process and Methodology Skills
Work from Home

Stress Testing 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 with a WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,268 22,513 39,948
As % of all contract jobs with a WFH option 88.01% 89.73% 91.07%
Number of daily rates quoted 8,896 15,904 28,997
10th Percentile £325 £363 £362
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £630
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.72%
Number of hourly rates quoted 573 519 530
10th Percentile £15.03 £18.63 £13.73
25th Percentile £25.50 £30.00 £20.06
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +41.16%
75th Percentile £60.00 £68.75 £55.63
90th Percentile £75.20 £80.25 £67.50
UK median hourly rate £36.50 £36.00 £25.18
% change year-on-year +1.39% +42.97% +2.78%

Stress Testing
Trend for Jobs with a WFH Option

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

Stress Testing trend for jobs with a WFH option

Stress Testing
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 Stress Testing.

Stress Testing daily rate for jobs with a WFH option

Stress Testing
Daily Rate Histogram for Jobs with a WFH Option

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

Stress Testing daily rate histogram for jobs with a WFH option

Stress Testing
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 (20.00%) SAS
Communications & Networking
1 1 (6.67%) Firewall
1 1 (6.67%) InfiniBand
1 1 (6.67%) LAN
1 1 (6.67%) SD-WAN
1 1 (6.67%) WAN
1 1 (6.67%) Wi-Fi
General
1 9 (60.00%) Finance
2 4 (26.67%) Banking
3 3 (20.00%) Public Sector
4 1 (6.67%) Electronics
4 1 (6.67%) Front Office
4 1 (6.67%) Investment Banking
4 1 (6.67%) Manufacturing
4 1 (6.67%) Marketing
4 1 (6.67%) Retail
4 1 (6.67%) Social Skills
4 1 (6.67%) Telecoms
Job Titles
1 4 (26.67%) Data Modeller
2 3 (20.00%) Analyst
2 3 (20.00%) SAS Modeller
3 2 (13.33%) Business Analyst
3 2 (13.33%) Credit Risk Modeller
3 2 (13.33%) Risk Analyst
3 2 (13.33%) Risk Business Analyst
4 1 (6.67%) Automation Developer
4 1 (6.67%) Business Systems Analyst
4 1 (6.67%) Consultant
4 1 (6.67%) Designer
4 1 (6.67%) Developer
4 1 (6.67%) Implementation Manager
4 1 (6.67%) Investment Banking Business Analyst
4 1 (6.67%) Market Analyst
4 1 (6.67%) Market Risk Analyst
4 1 (6.67%) Market Risk Business Analyst
4 1 (6.67%) PMO Analyst
4 1 (6.67%) PMO Consultant
Miscellaneous
1 6 (40.00%) Credit Risk
2 2 (13.33%) Market Risk
3 1 (6.67%) Management Information System
3 1 (6.67%) Onboarding
Processes & Methodologies
1 5 (33.33%) Analytics
1 5 (33.33%) Data Modelling
1 5 (33.33%) Project Delivery
2 4 (26.67%) Validation
3 3 (20.00%) Portfolio Management
4 2 (13.33%) Agile
4 2 (13.33%) Credit Risk Modelling
4 2 (13.33%) Internal Audit
5 1 (6.67%) API Integration
5 1 (6.67%) Business Intelligence
5 1 (6.67%) Deep Learning
5 1 (6.67%) Model Validation
5 1 (6.67%) Network Management
5 1 (6.67%) Product Breakdown Structure
5 1 (6.67%) Programme Management
5 1 (6.67%) Project Governance
5 1 (6.67%) Requirements Gathering
5 1 (6.67%) Risk Management
5 1 (6.67%) Scaled Agile Framework
5 1 (6.67%) Test Strategy
Programming Languages
1 4 (26.67%) SQL
2 1 (6.67%) MATLAB
Qualifications
1 1 (6.67%) SC Cleared
1 1 (6.67%) Security Cleared
Quality Assurance & Compliance
1 6 (40.00%) IFRS
1 6 (40.00%) IFRS 9
2 4 (26.67%) PMO
3 1 (6.67%) Basel II
System Software
1 1 (6.67%) Active Directory
1 1 (6.67%) Firmware
Systems Management
1 1 (6.67%) Ansible
1 1 (6.67%) Dell DRAC
Vendors
1 2 (13.33%) Red Hat
2 1 (6.67%) Cisco
2 1 (6.67%) Dell
2 1 (6.67%) Isilon
2 1 (6.67%) Palo Alto
2 1 (6.67%) SAP