Internal Audit Contracts

Internal Auditing
UK

The following table provides summary statistics for contract job vacancies with a requirement for Internal Audit skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Internal Audit over the 6 months to 3 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
3 May 2024
Same period 2023 Same period 2022
Rank 535 515 576
Rank change year-on-year -20 +61 +51
Contract jobs citing Internal Audit 55 189 291
As % of all contract jobs advertised in the UK 0.13% 0.32% 0.33%
As % of the Processes & Methodologies category 0.15% 0.36% 0.36%
Number of daily rates quoted 32 130 197
10th Percentile £346 £321 £494
25th Percentile £490 £451 £550
Median daily rate (50th Percentile) £563 £550 £620
Median % change year-on-year +2.27% -11.29% +18.10%
75th Percentile £608 £650 £700
90th Percentile £775 £738 £750
UK excluding London median daily rate £525 £500 £520
% change year-on-year +5.00% -3.85% +4.00%
Number of hourly rates quoted 2 2 4
10th Percentile - £21.75 £15.83
25th Percentile - £24.37 £19.33
Median hourly rate £11.79 £29.49 £29.99
Median % change year-on-year -60.02% -1.67% -
75th Percentile - £35.37 £53.07
90th Percentile - £38.44 £81.23
UK excluding London median hourly rate £11.79 £29.49 £22.55
% change year-on-year -60.02% +30.79% -

All Process and Methodology Skills
UK

Internal Audit 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 37,452 53,231 80,444
As % of all contract IT jobs advertised in the UK 86.33% 89.85% 90.62%
Number of daily rates quoted 24,130 36,930 56,488
10th Percentile £300 £325 £341
25th Percentile £413 £438 £425
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 2,454 1,752 1,920
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.50
Median hourly rate £35.95 £36.00 £25.00
Median % change year-on-year -0.14% +44.00% +2.04%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £64.53
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -6.98%

Internal Audit
Job Vacancy Trend

Job postings citing Internal Audit as a proportion of all IT jobs advertised.

Job vacancy trend for Internal Audit in the UK

Internal Audit
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Internal Audit.

Daily rate trend for Internal Audit in the UK

Internal Audit
Daily Rate Histogram

Daily rate distribution for jobs citing Internal Audit over the 6 months to 3 May 2024.

Daily rate histogram for Internal Audit in the UK

Internal Audit
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Internal Audit.

Hourly rate trend for Internal Audit in the UK

Internal Audit
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Internal Audit within the UK over the 6 months to 3 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 +14 42 £500 -5.66% 232
UK excluding London +16 35 £525 +5.00% 163
Work from Home +101 28 £575 +15.00% 63
North of England +31 13 £490 -10.86% 34
North West +21 13 £490 -24.58% 20
London +14 11 £875 +59.09% 78
Midlands +31 8 £750 +150.00% 33
West Midlands +27 8 £750 +150.00% 25
South East 0 8 £575 +27.78% 40
Scotland +31 6 £604 +9.82% 9
South West +15 3 £200 -56.64% 27
East of England +7 1 £185 -67.83% 19

Internal Audit
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:

Application Platforms
1 1 (1.82%) BizTalk Server
1 1 (1.82%) IBM Notes
1 1 (1.82%) Microsoft Exchange
1 1 (1.82%) SAS
1 1 (1.82%) SharePoint
Applications
1 2 (3.64%) Microsoft Excel
2 1 (1.82%) Microsoft Office
2 1 (1.82%) Spreadsheet
Business Applications
1 1 (1.82%) Elite 3E
Cloud Services
1 2 (3.64%) Microsoft 365
1 2 (3.64%) SaaS
2 1 (1.82%) Azure
2 1 (1.82%) Entra ID
2 1 (1.82%) IaaS
2 1 (1.82%) OneDrive
2 1 (1.82%) PaaS
2 1 (1.82%) Power Platform
2 1 (1.82%) Veeva
Communications & Networking
1 4 (7.27%) SCCP
2 1 (1.82%) LAN
2 1 (1.82%) Network Security
2 1 (1.82%) WAN
2 1 (1.82%) WLAN
Database & Business Intelligence
1 2 (3.64%) Data Vault
2 1 (1.82%) Power BI
2 1 (1.82%) SQL Server Reporting Services
General
1 14 (25.45%) Banking
1 14 (25.45%) Finance
1 14 (25.45%) Social Skills
2 11 (20.00%) Analytical Skills
2 11 (20.00%) Public Sector
3 5 (9.09%) Inclusion and Diversity
4 1 (1.82%) Environmental Health
4 1 (1.82%) Law
4 1 (1.82%) Presentation Skills
4 1 (1.82%) Retail
4 1 (1.82%) Telecoms
Job Titles
1 9 (16.36%) Analyst
2 6 (10.91%) Compliance Manager
2 6 (10.91%) Senior
2 6 (10.91%) Software Asset Manager
2 6 (10.91%) Software Manager
3 4 (7.27%) Asset and Configuration Manager
3 4 (7.27%) Configuration Manager
3 4 (7.27%) Consultant
3 4 (7.27%) Support Analyst
4 3 (5.45%) Administrator
4 3 (5.45%) Auditor
4 3 (5.45%) Data Administrator
4 3 (5.45%) Data Analyst
4 3 (5.45%) Forensic Manager
4 3 (5.45%) IT Consultant
4 3 (5.45%) Market Analyst
4 3 (5.45%) Market Data Administrator
4 3 (5.45%) Market Data Analyst
4 3 (5.45%) Market Data Support Analyst
4 3 (5.45%) Technical Manager
Libraries, Frameworks & Software Standards
1 2 (3.64%) React Native
Miscellaneous
1 15 (27.27%) Management Information System
2 9 (16.36%) CMDB
3 8 (14.55%) Virtual Team
4 5 (9.09%) Driving Licence
5 4 (7.27%) Digital Media
6 3 (5.45%) Credit Risk
6 3 (5.45%) Self-Motivation
7 1 (1.82%) FMCG
7 1 (1.82%) Hedge funds
7 1 (1.82%) Life Science
7 1 (1.82%) Operational Technology
7 1 (1.82%) Security Posture
7 1 (1.82%) SWIFT Messaging Network
Operating Systems
1 1 (1.82%) Windows
Processes & Methodologies
1 17 (30.91%) Quality Management
2 11 (20.00%) Validation
3 10 (18.18%) Continuous Improvement
3 10 (18.18%) Information Security
3 10 (18.18%) Problem-Solving
3 10 (18.18%) Service Management
4 8 (14.55%) Asset Management
4 8 (14.55%) IT Asset Management
4 8 (14.55%) Mentoring
4 8 (14.55%) Risk Management
4 8 (14.55%) Service Asset and Configuration Management
4 8 (14.55%) Virtual Team Management
5 7 (12.73%) Configuration Management
5 7 (12.73%) ISMS
5 7 (12.73%) Root Cause Analysis
5 7 (12.73%) Statistics
6 6 (10.91%) Business Process Analysis
6 6 (10.91%) Threat Modelling
7 5 (9.09%) Incident Management
7 5 (9.09%) Verification and Validation
Programming Languages
1 2 (3.64%) SQL
2 1 (1.82%) PowerShell
2 1 (1.82%) Python
Qualifications
1 13 (23.64%) SC Cleared
1 13 (23.64%) Security Cleared
2 7 (12.73%) CISSP
3 5 (9.09%) ISO 27001 Lead Auditor
3 5 (9.09%) ISO 27001 Lead Implementer
4 4 (7.27%) CLAS
5 3 (5.45%) CISA
5 3 (5.45%) Degree
6 2 (3.64%) CRISC
7 1 (1.82%) BPSS Clearance
7 1 (1.82%) CISM
Quality Assurance & Compliance
1 10 (18.18%) ISO/IEC 27001
2 9 (16.36%) QA
3 8 (14.55%) Data Quality
4 5 (9.09%) ISO/IEC 17025
5 4 (7.27%) GRC
5 4 (7.27%) ISO 9001
5 4 (7.27%) ISO17020
6 3 (5.45%) COBIT
6 3 (5.45%) IFRS
6 3 (5.45%) IFRS 9
6 3 (5.45%) ITGC
6 3 (5.45%) NIST
6 3 (5.45%) Sarbanes-Oxley
7 2 (3.64%) Disclosure Scotland
7 2 (3.64%) ISO/IEC 20000
7 2 (3.64%) PMO
8 1 (1.82%) GLBA
8 1 (1.82%) ISAE 3402
8 1 (1.82%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
8 1 (1.82%) SOC 2
System Software
1 2 (3.64%) Active Directory
Systems Management
1 2 (3.64%) Thomson Reuters DACS
2 1 (1.82%) CASB
2 1 (1.82%) McAfee ePO
Vendors
1 5 (9.09%) Microsoft
2 3 (5.45%) Bloomberg
2 3 (5.45%) Refinitiv
3 1 (1.82%) Axway
3 1 (1.82%) CA
3 1 (1.82%) Cisco
3 1 (1.82%) Lotus
3 1 (1.82%) McAfee
3 1 (1.82%) Netskope
3 1 (1.82%) ServiceNow
3 1 (1.82%) Trend Micro