Functional Analyst Contracts in London

Functional Analyst
England > London

The median Functional Analyst daily rate in London is £530, according to job vacancies posted in the 6 months leading up to 31 October 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
31 Oct 2024
Same period 2023 Same period 2022
Rank 373 418 572
Rank change year-on-year +45 +154 -8
Contract jobs requiring a Functional Analyst 8 13 7
As % of all contract jobs advertised in London 0.051% 0.064% 0.019%
As % of the Job Titles category 0.054% 0.068% 0.020%
Number of daily rates quoted 4 6 3
10th Percentile £442 £408 £528
25th Percentile £486 £431 £569
Median daily rate (50th Percentile) £530 £450 £675
Median % change year-on-year +17.78% -33.33% +22.73%
75th Percentile £580 £531 £763
90th Percentile £652 £555 £793
England median daily rate £500 £450 £520
% change year-on-year +11.11% -13.46% +9.47%

All Contract IT Job Vacancies
London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in London with a recognized job title 14,705 19,194 35,324
% of contract IT jobs with a recognized job title 93.92% 93.86% 95.33%
Number of daily rates quoted 9,509 13,971 25,561
10th Percentile £338 £350 £375
25th Percentile £450 £456 £475
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +4.55%
75th Percentile £675 £688 £700
90th Percentile £790 £800 £788
England median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% +7.32%
Number of hourly rates quoted 161 212 302
10th Percentile £17.25 £18.02 £15.75
25th Percentile £24.50 £21.94 £20.25
Median hourly rate £39.00 £40.50 £32.25
Median % change year-on-year -3.70% +25.58% +7.50%
75th Percentile £60.00 £61.94 £57.50
90th Percentile £80.75 £76.25 £75.00
England median hourly rate £41.50 £45.94 £30.00
% change year-on-year -9.66% +53.13% +50.00%

Functional Analyst
Job Vacancy Trend in London

Job postings that featured Functional Analyst in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Functional Analyst in London.

Daily rate trend for Functional Analyst in London

Functional Analyst
Daily Rate Histogram in London

Daily rate distribution for jobs citing Functional Analyst in London over the 6 months to 31 October 2024.

Daily rate histogram for Functional Analyst in London

Functional Analyst
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Functional Analyst in London.

Hourly rate trend for Functional Analyst in London

Functional Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Analyst within the London region over the 6 months to 31 October 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London +17 1 £520 +15.56%
East London - 1 £540 -
Functional Analyst
England

Functional Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 31 October 2024, Functional Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Functional Analyst in the job title.

1 6 (75.00%) Finance
2 4 (50.00%) Agile
2 4 (50.00%) Banking
3 3 (37.50%) Retail
3 3 (37.50%) Data Modelling
3 3 (37.50%) Oracle
3 3 (37.50%) Oracle Financials
3 3 (37.50%) Business Analysis
3 3 (37.50%) Social Skills
4 2 (25.00%) Onboarding
4 2 (25.00%) Scenario Testing
4 2 (25.00%) Power BI
4 2 (25.00%) Workshop Facilitation
4 2 (25.00%) Power Platform
4 2 (25.00%) Oracle EBS R12
4 2 (25.00%) Stakeholder Engagement
4 2 (25.00%) Microsoft 365
4 2 (25.00%) Oracle Payables
4 2 (25.00%) Oracle Receivables
4 2 (25.00%) SAP
4 2 (25.00%) ERP
4 2 (25.00%) GAP Analysis
5 1 (12.50%) Back Office
5 1 (12.50%) Oracle EBS
5 1 (12.50%) Investment Banking
5 1 (12.50%) General Ledger
5 1 (12.50%) Economics
5 1 (12.50%) Validation
5 1 (12.50%) PostgreSQL
5 1 (12.50%) Scrum

Functional Analyst Skill Set
Co-occurring Skills and Capabilities in London 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 1 (12.50%) SharePoint
Applications
1 1 (12.50%) Microsoft Office
1 1 (12.50%) MS Visio
Business Applications
1 3 (37.50%) Oracle Financials
2 2 (25.00%) Oracle EBS R12
2 2 (25.00%) Oracle Payables
2 2 (25.00%) Oracle Receivables
3 1 (12.50%) Advent Geneva
3 1 (12.50%) Dynamics CRM
3 1 (12.50%) FIS Private Capital Suite
3 1 (12.50%) IBM Operational Decision Manager
3 1 (12.50%) Oracle Cash Management
3 1 (12.50%) Oracle EBS
3 1 (12.50%) Oracle E-Business Tax
3 1 (12.50%) Oracle FAH
3 1 (12.50%) Oracle General Ledger
3 1 (12.50%) Oracle Retail
3 1 (12.50%) Oracle Subledger Accounting
3 1 (12.50%) SAP CO
3 1 (12.50%) SAP ERP
3 1 (12.50%) SAP FI
3 1 (12.50%) SAP FI/CO
3 1 (12.50%) SAP S/4HANA
Cloud Services
1 2 (25.00%) Microsoft 365
1 2 (25.00%) Power Platform
2 1 (12.50%) Azure
2 1 (12.50%) Azure Functions
2 1 (12.50%) Azure Logic Apps
2 1 (12.50%) Dynamics 365
2 1 (12.50%) Power Automate
2 1 (12.50%) PowerApps
2 1 (12.50%) SaaS
2 1 (12.50%) Serverless
Database & Business Intelligence
1 2 (25.00%) Power BI
2 1 (12.50%) Oracle Reports
2 1 (12.50%) PostgreSQL
2 1 (12.50%) SQL Server
Development Applications
1 1 (12.50%) JIRA
General
1 6 (75.00%) Finance
2 4 (50.00%) Banking
3 3 (37.50%) Retail
3 3 (37.50%) Social Skills
4 1 (12.50%) Analytical Skills
4 1 (12.50%) Back Office
4 1 (12.50%) General Ledger
4 1 (12.50%) Investment Banking
4 1 (12.50%) Public Sector
Libraries, Frameworks & Software Standards
1 1 (12.50%) CSS
1 1 (12.50%) Drools
1 1 (12.50%) HTML
Miscellaneous
1 2 (25.00%) Onboarding
2 1 (12.50%) Legacy Systems
2 1 (12.50%) Taxonomies
Processes & Methodologies
1 4 (50.00%) Agile
2 3 (37.50%) Business Analysis
2 3 (37.50%) Data Modelling
3 2 (25.00%) ERP
3 2 (25.00%) GAP Analysis
3 2 (25.00%) Scenario Testing
3 2 (25.00%) Stakeholder Engagement
3 2 (25.00%) Workshop Facilitation
4 1 (12.50%) Business Case
4 1 (12.50%) Decision Intelligence
4 1 (12.50%) Performance Improvement
4 1 (12.50%) Procure-to-Pay
4 1 (12.50%) Requirements Gathering
4 1 (12.50%) Roadmaps
4 1 (12.50%) SDLC
4 1 (12.50%) System Integration Testing
4 1 (12.50%) Target Operating Model
4 1 (12.50%) Translating Business Requirements
4 1 (12.50%) User Stories
4 1 (12.50%) Validation
Programming Languages
1 1 (12.50%) JavaScript
1 1 (12.50%) SQL
Qualifications
1 1 (12.50%) Degree
Vendors
1 3 (37.50%) Oracle
2 2 (25.00%) SAP
3 1 (12.50%) Advent
3 1 (12.50%) Ariba
3 1 (12.50%) Concur
3 1 (12.50%) IBM
3 1 (12.50%) Microsoft