Waterfall Contracts with Work from Home Options

Waterfall Model
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 Waterfall skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Waterfall over the 6 months to 10 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 121 114 92
Rank change year-on-year -7 -22 +33
Contract jobs citing Waterfall 272 539 1,249
As % of all contract jobs with a WFH option 1.81% 2.15% 2.85%
As % of the Processes & Methodologies category 2.05% 2.40% 3.12%
Number of daily rates quoted 210 393 897
10th Percentile £414 £406 £388
25th Percentile £475 £456 £450
Median daily rate (50th Percentile) £587 £525 £525
Median % change year-on-year +11.81% - +10.53%
75th Percentile £672 £638 £623
90th Percentile £751 £710 £713
UK median daily rate £571 £550 £525
% change year-on-year +3.86% +4.76% +10.53%
Number of hourly rates quoted 3 0 6
10th Percentile - - £20.25
25th Percentile - - £23.94
Median hourly rate £50.00 - £35.00
75th Percentile £56.00 - £56.00
90th Percentile £59.60 - £63.00
UK median hourly rate £58.91 £66.49 £53.00
% change year-on-year -11.40% +25.44% -3.64%

All Process and Methodology Skills
Work from Home

Waterfall 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 13,242 22,482 39,977
As % of all contract jobs with a WFH option 88.03% 89.72% 91.08%
Number of daily rates quoted 8,878 15,879 28,991
10th Percentile £325 £363 £363
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 £631
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 571 516 542
10th Percentile £15.00 £18.66 £13.78
25th Percentile £25.50 £30.00 £20.29
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 £57.50
90th Percentile £75.25 £80.00 £70.00
UK median hourly rate £36.50 £36.25 £25.68
% change year-on-year +0.69% +41.16% +4.82%

Waterfall
Trend for Jobs with a WFH Option

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

Waterfall trend for jobs with a WFH option

Waterfall
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 Waterfall.

Waterfall daily rate for jobs with a WFH option

Waterfall
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Waterfall over the 6 months to 10 May 2024.

Waterfall daily rate histogram for jobs with a WFH option

Waterfall
Hourly Rate Trend for Jobs with a WFH Option

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

Waterfall hourly rate for jobs with a WFH option

Waterfall
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 19 (6.99%) Confluence
2 12 (4.41%) SharePoint
3 3 (1.10%) Appian
3 3 (1.10%) ArcGIS
3 3 (1.10%) CMS
3 3 (1.10%) Microsoft Exchange
Applications
1 16 (5.88%) Microsoft Project
2 15 (5.51%) Microsoft Excel
2 15 (5.51%) Microsoft PowerPoint
3 12 (4.41%) Microsoft Office
4 7 (2.57%) MS Visio
Business Applications
1 9 (3.31%) Dynamics CRM
2 8 (2.94%) Loan IQ
2 8 (2.94%) SAP S/4HANA
3 4 (1.47%) Oracle EBS
4 3 (1.10%) SAP BPC
5 2 (0.74%) Payment Gateway
5 2 (0.74%) SAP Hybris
5 2 (0.74%) SAP PM
5 2 (0.74%) Shopify
6 1 (0.37%) NetSuite
6 1 (0.37%) Oracle Applications
6 1 (0.37%) Oracle ERP
6 1 (0.37%) Oracle HRMS
6 1 (0.37%) SAP ERP
Cloud Services
1 56 (20.59%) Azure
2 24 (8.82%) SaaS
3 19 (6.99%) Azure DevOps
4 16 (5.88%) AWS
5 13 (4.78%) Power Platform
6 11 (4.04%) Microsoft 365
7 7 (2.57%) Dynamics 365
7 7 (2.57%) IaaS
7 7 (2.57%) PaaS
8 6 (2.21%) PowerApps
9 5 (1.84%) GCP
9 5 (1.84%) OneDrive
9 5 (1.84%) Smartsheet
10 4 (1.47%) OCI
10 4 (1.47%) Salesforce Commerce Cloud
11 2 (0.74%) Asana
11 2 (0.74%) Power Automate
11 2 (0.74%) Serverless
11 2 (0.74%) Stripe
11 2 (0.74%) Yammer
Communications & Networking
1 7 (2.57%) 3G
1 7 (2.57%) 4G
1 7 (2.57%) ATM
1 7 (2.57%) LAN
2 6 (2.21%) WAN
3 3 (1.10%) 5G
3 3 (1.10%) Intrusion Detection
3 3 (1.10%) SAN
4 2 (0.74%) SD-WAN
4 2 (0.74%) SNA
5 1 (0.37%) BGP
5 1 (0.37%) DHCP
5 1 (0.37%) DNS
5 1 (0.37%) EIGRP
5 1 (0.37%) Firewall
5 1 (0.37%) Intranet
5 1 (0.37%) OSPF
5 1 (0.37%) TCP/IP
5 1 (0.37%) VRRP
5 1 (0.37%) Wi-Fi
Database & Business Intelligence
1 8 (2.94%) SQL Server
2 7 (2.57%) Power BI
3 5 (1.84%) DB2
4 3 (1.10%) Geospatial Data
4 3 (1.10%) GIS
5 1 (0.37%) Big Data
5 1 (0.37%) Data Warehouse
5 1 (0.37%) DynamoDB
5 1 (0.37%) Metadata
5 1 (0.37%) PostgreSQL
5 1 (0.37%) SQL Server Integration Services
5 1 (0.37%) SQL Server Reporting Services
Development Applications
1 38 (13.97%) JIRA
2 5 (1.84%) Git
3 4 (1.47%) Cypress.io
3 4 (1.47%) Oracle APEX
3 4 (1.47%) Postman
4 3 (1.10%) Jenkins
4 3 (1.10%) NUnit
4 3 (1.10%) Selenium
4 3 (1.10%) Visual Studio
5 2 (0.74%) Appium
5 2 (0.74%) Subversion
5 2 (0.74%) Visual Studio Team System
6 1 (0.37%) Bitbucket
6 1 (0.37%) Cucumber
6 1 (0.37%) GitLab
6 1 (0.37%) Oracle Forms
6 1 (0.37%) SonarQube
6 1 (0.37%) TeamCity
6 1 (0.37%) WebDriver
6 1 (0.37%) Zephyr
General
1 114 (41.91%) Finance
2 100 (36.76%) Social Skills
3 33 (12.13%) Banking
4 26 (9.56%) Analytical Skills
4 26 (9.56%) Public Sector
5 24 (8.82%) Manufacturing
6 20 (7.35%) Marketing
7 17 (6.25%) Telecoms
8 15 (5.51%) Electronics
8 15 (5.51%) Influencing Skills
9 9 (3.31%) Legal
10 8 (2.94%) Financial Institution
10 8 (2.94%) Military
11 5 (1.84%) Law
11 5 (1.84%) Organisational Skills
11 5 (1.84%) Presentation Skills
12 4 (1.47%) Aerospace
12 4 (1.47%) Investment Banking
12 4 (1.47%) Retail
13 3 (1.10%) Back Office
Job Titles
1 80 (29.41%) Project Manager
2 52 (19.12%) Analyst
3 42 (15.44%) Business Analyst
4 40 (14.71%) Architect
5 30 (11.03%) Senior
6 19 (6.99%) IT Manager
6 19 (6.99%) Solutions Architect
7 18 (6.62%) Developer
8 16 (5.88%) Senior Manager
9 15 (5.51%) Test Manager
10 14 (5.15%) Senior Project Manager
10 14 (5.15%) Technical Architect
11 12 (4.41%) Delivery Manager
12 10 (3.68%) IT Project Manager
12 10 (3.68%) Senior Analyst
13 9 (3.31%) Consultant
13 9 (3.31%) Infrastructure Manager
14 8 (2.94%) Lead
14 8 (2.94%) Senior Business Analyst
14 8 (2.94%) Technical Manager
Libraries, Frameworks & Software Standards
1 20 (7.35%) Middleware
2 11 (4.04%) .NET
3 7 (2.57%) GraphQL
3 7 (2.57%) Web Services
4 6 (2.21%) Spring
4 6 (2.21%) Spring Boot
5 5 (1.84%) AngularJS
6 4 (1.47%) Oracle Fusion
6 4 (1.47%) REST
7 3 (1.10%) Apache Camel
7 3 (1.10%) Kafka
7 3 (1.10%) Playwright
7 3 (1.10%) React
7 3 (1.10%) RESTful
7 3 (1.10%) XML
8 2 (0.74%) ADO
8 2 (0.74%) FIDO
8 2 (0.74%) FpML
8 2 (0.74%) SOAP
8 2 (0.74%) Swagger
Miscellaneous
1 11 (4.04%) Product Ownership
2 10 (3.68%) Data Centre
3 8 (2.94%) Public Cloud
4 7 (2.57%) Mainframe
4 7 (2.57%) Management Information System
4 7 (2.57%) Operational Technology
4 7 (2.57%) SWIFT Messaging Network
5 5 (1.84%) Analytical Mindset
5 5 (1.84%) Enterprise Software
6 4 (1.47%) Derivative
6 4 (1.47%) Fixed Income
6 4 (1.47%) Legacy Systems
6 4 (1.47%) Life Science
7 3 (1.10%) Data Structures
7 3 (1.10%) Mobile App
7 3 (1.10%) Onboarding
7 3 (1.10%) Robotics
8 2 (0.74%) Digital Wallet
8 2 (0.74%) Distributed Systems
8 2 (0.74%) Low-Code
Operating Systems
1 17 (6.25%) Windows
2 16 (5.88%) Linux
3 5 (1.84%) Android
4 4 (1.47%) Apple iOS
4 4 (1.47%) Unix
5 3 (1.10%) VMS
6 2 (0.74%) zOS
7 1 (0.37%) Windows 10
Processes & Methodologies
1 250 (91.91%) Agile
2 87 (31.99%) Project Management
3 69 (25.37%) Stakeholder Management
4 61 (22.43%) Project Delivery
5 46 (16.91%) Problem-Solving
6 42 (15.44%) PRINCE2
7 40 (14.71%) Scrum
8 38 (13.97%) DevOps
9 34 (12.50%) Migration
10 30 (11.03%) Business Analysis
11 24 (8.82%) Change Management
11 24 (8.82%) Programme Management
11 24 (8.82%) SDLC
12 22 (8.09%) Business Intelligence
12 22 (8.09%) Requirements Gathering
13 21 (7.72%) Data Modelling
14 20 (7.35%) Business Case
15 19 (6.99%) Continuous Improvement
15 19 (6.99%) Decision-Making
15 19 (6.99%) User Stories
Programming Languages
1 26 (9.56%) SQL
2 17 (6.25%) Java
3 8 (2.94%) JavaScript
4 6 (2.21%) Python
5 5 (1.84%) C
5 5 (1.84%) C#
5 5 (1.84%) PL/SQL
6 3 (1.10%) ABAP
6 3 (1.10%) C++
6 3 (1.10%) TypeScript
7 2 (0.74%) Perl
8 1 (0.37%) Data Analysis Expressions
8 1 (0.37%) Go
8 1 (0.37%) Kotlin
8 1 (0.37%) Shell Script
8 1 (0.37%) VBA
8 1 (0.37%) VBScript
Qualifications
1 37 (13.60%) Degree
2 31 (11.40%) Security Cleared
3 24 (8.82%) SC Cleared
4 21 (7.72%) PMP
5 17 (6.25%) PMI Certification
6 16 (5.88%) DV Cleared
7 12 (4.41%) ISTQB
8 5 (1.84%) APMP
8 5 (1.84%) CISSP
8 5 (1.84%) Computer Science Degree
9 4 (1.47%) ISEB
9 4 (1.47%) Numerate Degree
9 4 (1.47%) PRINCE2 Practitioner
10 3 (1.10%) CISM
10 3 (1.10%) CRISC
10 3 (1.10%) Microsoft Certification
11 2 (0.74%) BPSS Clearance
11 2 (0.74%) Master's Degree
12 1 (0.37%) (ISC)2 CCSP
12 1 (0.37%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 19 (6.99%) QA
2 12 (4.41%) PMO
3 8 (2.94%) GDPR
4 5 (1.84%) Accessibility
5 4 (1.47%) PCI DSS
5 4 (1.47%) PSD2
6 3 (1.10%) Data Quality
7 2 (0.74%) Def Stans
7 2 (0.74%) HL7
7 2 (0.74%) NIST
8 1 (0.37%) Actionable Recommendations
8 1 (0.37%) Disclosure Scotland
8 1 (0.37%) Dodd-Frank
8 1 (0.37%) EMIR
8 1 (0.37%) MiFID
8 1 (0.37%) PMBOK
8 1 (0.37%) SLA
System Software
1 4 (1.47%) Docker
2 3 (1.10%) Virtual Servers
3 2 (0.74%) VMware Infrastructure
4 1 (0.37%) Active Directory
4 1 (0.37%) Virtual Desktop
Systems Management
1 2 (0.74%) Ansible
1 2 (0.74%) Microsoft Intune
2 1 (0.37%) Terraform
Vendors
1 41 (15.07%) Microsoft
2 36 (13.24%) SAP
3 24 (8.82%) Oracle
4 13 (4.78%) ServiceNow
5 11 (4.04%) Salesforce
6 8 (2.94%) Databricks
7 6 (2.21%) IBM
8 4 (1.47%) Workday
9 3 (1.10%) Cisco
9 3 (1.10%) ESRI
10 2 (0.74%) Aruba
10 2 (0.74%) Atlassian
10 2 (0.74%) CA Agile Central
10 2 (0.74%) Citrix
10 2 (0.74%) Google
10 2 (0.74%) Juniper
10 2 (0.74%) PayPal
10 2 (0.74%) VMware
11 1 (0.37%) Extreme Networks
11 1 (0.37%) IFS