Fault Management Contracts

Fault Management
UK

The following table provides summary statistics for contract job vacancies with a requirement for Fault Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Fault Management over the 6 months to 10 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 570 671 824
Rank change year-on-year +101 +153 -148
Contract jobs citing Fault Management 12 32 15
As % of all contract jobs advertised in the UK 0.028% 0.055% 0.017%
As % of the Processes & Methodologies category 0.032% 0.062% 0.019%
Number of daily rates quoted 8 17 9
10th Percentile £465 £465 £313
25th Percentile £475 £475 £356
Median daily rate (50th Percentile) £497 £525 £450
Median % change year-on-year -5.43% +16.67% +33.33%
75th Percentile £525 £550 -
90th Percentile - £554 £541
UK excluding London median daily rate £493 £500 £500
% change year-on-year -1.40% - +56.90%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £25.25
Median hourly rate - - £25.50
75th Percentile - - £25.75
90th Percentile - - -
UK excluding London median hourly rate - - £25.50

All Process and Methodology Skills
UK

Fault Management 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 37,090 51,996 79,100
As % of all contract IT jobs advertised in the UK 86.26% 89.82% 90.61%
Number of daily rates quoted 23,884 36,030 55,497
10th Percentile £300 £325 £343
25th Percentile £413 £438 £427
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,438 1,721 1,893
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.13 £15.50
Median hourly rate £36.50 £36.25 £25.68
Median % change year-on-year +0.69% +41.16% +4.82%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.06 £35.00 £20.00
% change year-on-year +8.74% +75.00% -6.98%

Fault Management
Job Vacancy Trend

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

Job vacancy trend for Fault Management in the UK

Fault Management
Contractor Daily Rate Trend

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

Daily rate trend for Fault Management in the UK

Fault Management
Contractor Hourly Rate Trend

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

Hourly rate trend for Fault Management in the UK

Fault Management
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Fault Management within the UK over the 6 months to 10 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 +78 11 £500 -4.76% 7
UK excluding London +49 7 £493 -1.40% 6
North of England - 7 £493 -
North West - 7 £493 -
London +84 4 £500 -4.76%
Work from Home +109 3 £490 -4.39% 3

Fault Management
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:

Communications & Networking
1 4 (33.33%) DWDM
1 4 (33.33%) IP Telephony
1 4 (33.33%) VoIP
1 4 (33.33%) WAN
General
1 8 (66.67%) Finance
2 4 (33.33%) Telecoms
3 1 (8.33%) Public Sector
Job Titles
1 8 (66.67%) Delivery Manager
1 8 (66.67%) Service Delivery Manager
1 8 (66.67%) Service Manager
2 4 (33.33%) Cisco Engineer
2 4 (33.33%) Cisco Network Engineer
2 4 (33.33%) Network Engineer
Processes & Methodologies
1 8 (66.67%) Service Delivery
2 4 (33.33%) Change Management
2 4 (33.33%) Customer Experience
2 4 (33.33%) Customer Service
2 4 (33.33%) Incident Management
2 4 (33.33%) ITIL
2 4 (33.33%) ITSM
2 4 (33.33%) Statistics
Qualifications
1 8 (66.67%) SC Cleared
1 8 (66.67%) Security Cleared
2 4 (33.33%) CCNA
2 4 (33.33%) Cisco Certification
Quality Assurance & Compliance
1 12 (100.00%) SLA
Vendors
1 4 (33.33%) Avaya
1 4 (33.33%) Cisco