Capital Requirements Directive IV (CDR 4)
UK

The following table provides summary statistics for contract job vacancies with a requirement for CRD IV skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited CRD IV over the 6 months to 18 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 570 685 838
Rank change year-on-year +115 +153 -126
Contract jobs citing CRD IV 1 2 6
As % of all contract jobs advertised in the UK 0.002% 0.004% 0.007%
As % of the Quality Assurance & Compliance category 0.017% 0.026% 0.052%
Number of daily rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £600
Median daily rate (50th Percentile) - - £650
Median % change year-on-year - - +36.84%
75th Percentile - - £700
90th Percentile - - -
UK excluding London median daily rate - - -

All Quality Assurance and Compliance Skills
UK

CRD IV 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 with a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 6,035 7,620 11,627
As % of all contract IT jobs advertised in the UK 14.17% 13.38% 13.28%
Number of daily rates quoted 3,836 5,206 7,963
10th Percentile £281 £281 £300
25th Percentile £405 £413 £405
Median daily rate (50th Percentile) £510 £525 £515
Median % change year-on-year -2.86% +1.94% +8.42%
75th Percentile £625 £638 £625
90th Percentile £750 £743 £713
UK excluding London median daily rate £483 £480 £450
% change year-on-year +0.73% +6.56% +5.88%
Number of hourly rates quoted 381 239 306
10th Percentile £10.95 £13.29 £12.02
25th Percentile £13.18 £18.73 £16.31
Median hourly rate £21.00 £35.00 £31.00
Median % change year-on-year -40.00% +12.90% +47.62%
75th Percentile £45.00 £61.00 £50.00
90th Percentile £68.75 £77.50 £69.05
UK excluding London median hourly rate £18.27 £31.27 £22.29
% change year-on-year -41.57% +40.29% +6.14%

CRD IV
Job Vacancy Trend

Job postings citing CRD IV as a proportion of all IT jobs advertised.

Job vacancy trend for CRD IV in the UK

CRD IV
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing CRD IV.

Daily rate trend for CRD IV in the UK

CRD IV
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing CRD IV within the UK over the 6 months to 18 May 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
England +108 1 - - 2
London +98 1 - - 1

CRD IV
Co-occurring Skills and Capabilities 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:

Business Applications
1 1 (100.00%) SAP CO
1 1 (100.00%) SAP FI
1 1 (100.00%) SAP FI/CO
1 1 (100.00%) SAP S/4HANA
General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) General Ledger
Job Titles
1 1 (100.00%) Consultant
1 1 (100.00%) SAP CO Consultant
1 1 (100.00%) SAP Consultant
1 1 (100.00%) SAP FI Consultant
1 1 (100.00%) SAP FI/CO Consultant
1 1 (100.00%) Senior
1 1 (100.00%) Senior Consultant
1 1 (100.00%) Senior SAP CO Consultant
1 1 (100.00%) Senior SAP Consultant
1 1 (100.00%) Senior SAP FI Consultant
1 1 (100.00%) Senior SAP FI/CO Consultant
Processes & Methodologies
1 1 (100.00%) Migration
1 1 (100.00%) Regulatory Compliance
Quality Assurance & Compliance
1 1 (100.00%) Dodd-Frank
Vendors
1 1 (100.00%) SAP