MiFID Contracts in the North of England

Markets in Financial Instruments Directive (MiFID)
England > North of England

The table below provides summary statistics for contract job vacancies advertised in the North of England 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 11 June 2024, comparing them to the same period in the previous two years.

6 months to
11 Jun 2024
Same period 2023 Same period 2022
Rank - 210 246
Rank change year-on-year - +36 -50
Contract jobs citing MiFID 0 1 1
As % of all contract jobs advertised in the North of England - 0.018% 0.014%
As % of the Quality Assurance & Compliance category - 0.13% 0.10%
Number of daily rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £513
Median daily rate (50th Percentile) - - £525
75th Percentile - - £538
90th Percentile - - -
England median daily rate £700 £731 £680
% change year-on-year -4.27% +7.54% +13.33%

All Quality Assurance and Compliance Skills
North of England

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 requiring quality assurance or compliance skills in the North of England.

Contract vacancies with a requirement for quality assurance or compliance skills 700 765 968
As % of all contract IT jobs advertised in the North of England 14.45% 14.03% 13.61%
Number of daily rates quoted 388 468 703
10th Percentile £313 £300 £197
25th Percentile £413 £400 £313
Median daily rate (50th Percentile) £500 £500 £450
Median % change year-on-year - +11.11% +2.86%
75th Percentile £593 £582 £575
90th Percentile £669 £650 £639
England median daily rate £525 £525 £525
% change year-on-year - - +10.53%
Number of hourly rates quoted 89 44 55
10th Percentile - £16.88 £11.36
25th Percentile £10.95 £29.15 £15.93
Median hourly rate £12.00 £37.50 £22.29
Median % change year-on-year -68.00% +68.24% +28.47%
75th Percentile £26.66 £48.24 £61.88
90th Percentile £48.75 £62.54 £77.50
England median hourly rate £23.80 £42.50 £27.50
% change year-on-year -44.00% +54.55% +33.92%

MiFID
Job Vacancy Trend in the North of England

Job postings citing MiFID as a proportion of all IT jobs advertised in the North of England.

Job vacancy trend for MiFID in the North of England

MiFID
Contractor Daily Rate Trend in the North of England

3-month moving average daily rate quoted in jobs citing MiFID in the North of England.

Daily rate trend for MiFID in the North of England