PSD2 Contracts in London

EU Revised Directive on Payment Services (PSD2)
England > London

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for PSD2 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited PSD2 over the 6 months to 22 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
22 May 2024
Same period 2023 Same period 2022
Rank 393 483 586
Rank change year-on-year +90 +103 -124
Contract jobs citing PSD2 4 7 15
As % of all contract jobs advertised in London 0.023% 0.027% 0.039%
As % of the Quality Assurance & Compliance category 0.16% 0.21% 0.30%
Number of daily rates quoted 0 6 10
10th Percentile - £408 £500
25th Percentile - - £528
Median daily rate (50th Percentile) - £458 £637
Median % change year-on-year - -28.07% +34.05%
75th Percentile - £512 £773
90th Percentile - £565 £840
England median daily rate £520 £458 £637
% change year-on-year +13.54% -28.07% +34.05%

All Quality Assurance and Compliance Skills
London

PSD2 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 advertised in London with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 2,469 3,388 4,955
As % of all contract IT jobs advertised in London 14.18% 13.18% 12.83%
Number of daily rates quoted 1,745 2,453 3,491
10th Percentile £350 £350 £350
25th Percentile £425 £450 £450
Median daily rate (50th Percentile) £550 £570 £550
Median % change year-on-year -3.51% +3.64% +10.00%
75th Percentile £688 £688 £653
90th Percentile £800 £798 £756
England median daily rate £525 £525 £525
% change year-on-year - - +10.53%
Number of hourly rates quoted 62 36 85
10th Percentile £12.70 £20.37 £20.00
25th Percentile £17.85 £21.24 £25.25
Median hourly rate £24.18 £32.96 £44.50
Median % change year-on-year -26.64% -25.93% +122.50%
75th Percentile £47.50 £63.75 £49.25
90th Percentile £57.13 £81.25 £68.25
England median hourly rate £23.00 £39.42 £28.50
% change year-on-year -41.65% +38.32% +35.71%

PSD2
Job Vacancy Trend in London

Job postings citing PSD2 as a proportion of all IT jobs advertised in London.

Job vacancy trend for PSD2 in London

PSD2
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing PSD2 in London.

Daily rate trend for PSD2 in London

PSD2
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:

General
1 2 (50.00%) Banking
1 2 (50.00%) Retail
1 2 (50.00%) Social Skills
Job Titles
1 2 (50.00%) Architect
1 2 (50.00%) Payments Architect
Processes & Methodologies
1 2 (50.00%) Architectural Design
1 2 (50.00%) Problem-Solving
1 2 (50.00%) Regulatory Compliance
1 2 (50.00%) Translating Business Requirements
Quality Assurance & Compliance
1 4 (100.00%) PCI DSS
2 2 (50.00%) GDPR
3 1 (25.00%) NIST