Fault Analysis Contracts

Fault Analysis
UK

The following table provides summary statistics for contract job vacancies with a requirement for Fault Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fault Analysis over the 6 months to 16 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank - 677 840
Rank change year-on-year - +163 -168
Contract jobs citing Fault Analysis 0 7 9
As % of all contract jobs advertised in the UK - 0.012% 0.010%
As % of the Processes & Methodologies category - 0.014% 0.011%
Number of daily rates quoted 0 1 6
10th Percentile - - £150
25th Percentile - £213 £173
Median daily rate (50th Percentile) - £225 £275
Median % change year-on-year - -18.18% +111.54%
75th Percentile - £238 £413
90th Percentile - - £463
UK excluding London median daily rate - £225 £283
% change year-on-year - -20.35% +117.31%
Number of hourly rates quoted 0 4 2
10th Percentile - £22.33 £18.65
25th Percentile - £28.06 £18.88
Median hourly rate - £32.50 £19.50
Median % change year-on-year - +66.67% +8.33%
75th Percentile - £35.31 £19.88
90th Percentile - £38.13 £19.95
UK excluding London median hourly rate - £19.00 £20.00
% change year-on-year - -5.00% +14.29%

All Process and Methodology Skills
UK

Fault Analysis 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 requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,679 51,168 79,259
As % of all contract IT jobs advertised in the UK 86.19% 89.82% 90.63%
Number of daily rates quoted 23,608 35,479 55,636
10th Percentile £300 £325 £345
25th Percentile £413 £438 £429
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.16%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £479
% change year-on-year - +4.38% +9.49%
Number of hourly rates quoted 2,436 1,692 1,900
10th Percentile £12.75 £10.64 £12.50
25th Percentile £15.94 £16.10 £15.50
Median hourly rate £36.27 £35.65 £25.68
Median % change year-on-year +1.75% +38.82% +5.35%
75th Percentile £60.00 £65.00 £49.75
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -6.21%

Fault Analysis
Job Vacancy Trend

Job postings citing Fault Analysis as a proportion of all IT jobs advertised.

Job vacancy trend for Fault Analysis in the UK

Fault Analysis
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Fault Analysis.

Daily rate trend for Fault Analysis in the UK

Fault Analysis
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Fault Analysis.

Hourly rate trend for Fault Analysis in the UK