Financial
UK
The table below looks at the prevalence of the term Finance in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Finance over the 6 months to 9 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 9 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 2 | 2 | 2 |
| Rank change year-on-year | 0 | 0 | +1 |
| Contract jobs citing Finance | 8,131 | 12,417 | 17,745 |
| As % of all contract jobs advertised in the UK | 18.88% | 21.41% | 20.34% |
| As % of the General category | 32.55% | 36.61% | 36.17% |
| Number of daily rates quoted | 5,427 | 8,838 | 12,619 |
| 10th Percentile | £350 | £400 | £380 |
| 25th Percentile | £463 | £493 | £467 |
| Median daily rate (50th Percentile) | £575 | £600 | £575 |
| Median % change year-on-year | -4.17% | +4.35% | +9.52% |
| 75th Percentile | £713 | £725 | £675 |
| 90th Percentile | £825 | £823 | £769 |
| UK excluding London median daily rate | £513 | £525 | £500 |
| % change year-on-year | -2.38% | +5.00% | +11.11% |
| Number of hourly rates quoted | 246 | 105 | 146 |
| 10th Percentile | £12.75 | £17.73 | £13.30 |
| 25th Percentile | £15.17 | £21.24 | £20.75 |
| Median hourly rate | £26.97 | £25.71 | £35.00 |
| Median % change year-on-year | +4.90% | -26.54% | +55.56% |
| 75th Percentile | £38.12 | £49.00 | £49.25 |
| 90th Percentile | £55.46 | £69.50 | £56.88 |
| UK excluding London median hourly rate | £31.06 | £42.50 | £21.50 |
| % change year-on-year | -26.92% | +97.67% | +20.11% |
All General Skills
UK
Finance is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.
| Contract vacancies with a requirement for common skills | 24,981 | 33,919 | 49,055 |
| As % of all contract IT jobs advertised in the UK | 58.02% | 58.48% | 56.23% |
| Number of daily rates quoted | 15,767 | 23,530 | 34,017 |
| 10th Percentile | £275 | £313 | £320 |
| 25th Percentile | £413 | £440 | £425 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £650 | £675 | £650 |
| 90th Percentile | £770 | £775 | £750 |
| UK excluding London median daily rate | £496 | £500 | £475 |
| % change year-on-year | -0.80% | +5.26% | +10.47% |
| Number of hourly rates quoted | 1,939 | 1,040 | 1,403 |
| 10th Percentile | £12.77 | £13.41 | £12.50 |
| 25th Percentile | £15.48 | £17.72 | £15.00 |
| Median hourly rate | £30.00 | £32.60 | £22.00 |
| Median % change year-on-year | -7.96% | +48.16% | -2.22% |
| 75th Percentile | £52.50 | £61.25 | £47.25 |
| 90th Percentile | £65.35 | £72.50 | £58.75 |
| UK excluding London median hourly rate | £28.42 | £28.16 | £18.70 |
| % change year-on-year | +0.92% | +50.59% | -4.10% |
Finance
Job Vacancy Trend
Job postings citing Finance as a proportion of all IT jobs advertised.
Finance
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Finance.
Finance
Daily Rate Histogram
Daily rate distribution for jobs citing Finance over the 6 months to 9 May 2024.
Finance
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Finance.
Finance
Hourly Rate Histogram
Hourly rate distribution of jobs citing Finance over the 6 months to 9 May 2024.
Finance
Top 18 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Finance within the UK over the 6 months to 9 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 | 0 | 7,097 | £590 | -1.67% | 5,720 |
| London | 0 | 4,713 | £607 | -2.88% | 2,778 |
| Work from Home | +1 | 3,339 | £600 | - | 2,500 |
| UK excluding London | +1 | 2,590 | £513 | -2.38% | 3,180 |
| South East | -4 | 648 | £500 | -4.76% | 737 |
| North of England | +2 | 618 | £500 | -4.76% | 843 |
| Scotland | 0 | 377 | £475 | -5.00% | 266 |
| Midlands | +4 | 370 | £550 | +10.00% | 559 |
| North West | +4 | 360 | £500 | - | 504 |
| South West | +3 | 332 | £570 | +3.64% | 412 |
| West Midlands | +3 | 261 | £525 | +1.94% | 352 |
| Yorkshire | -2 | 235 | £500 | -9.09% | 255 |
| East of England | +3 | 208 | £525 | +0.48% | 291 |
| East Midlands | +6 | 101 | £550 | +20.88% | 206 |
| Northern Ireland | -1 | 31 | £450 | - | 66 |
| Wales | -5 | 20 | £550 | +7.32% | 89 |
| North East | +4 | 19 | £500 | -16.67% | 89 |
| Isle of Man | 0 | 7 | £388 | +14.39% | 6 |
Finance
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:
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