IT Audit Contracts

IT Auditing
UK

The following table provides summary statistics for contract job vacancies with a requirement for IT Audit skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IT Audit over the 6 months to 19 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
19 May 2024
Same period 2023 Same period 2022
Rank 570 637 788
Rank change year-on-year +67 +151 -128
Contract jobs citing IT Audit 14 59 58
As % of all contract jobs advertised in the UK 0.033% 0.10% 0.066%
As % of the Processes & Methodologies category 0.038% 0.11% 0.073%
Number of daily rates quoted 13 38 30
10th Percentile £453 £405 £508
25th Percentile £500 £453 £550
Median daily rate (50th Percentile) £517 £550 £600
Median % change year-on-year -6.00% -8.33% -4.00%
75th Percentile £556 £650 £650
90th Percentile £575 £675 £725
UK excluding London median daily rate £517 £550 £590
% change year-on-year -6.00% -6.78% -15.71%
Number of hourly rates quoted 0 5 1
10th Percentile - £29.34 -
25th Percentile - - £21.27
Median hourly rate - £39.60 £22.55
Median % change year-on-year - +75.65% +28.83%
75th Percentile - - £23.82
90th Percentile - £57.84 -
UK excluding London median hourly rate - £32.30 £22.55
% change year-on-year - +43.27% +28.83%

All Process and Methodology Skills
UK

IT 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 36,644 51,414 79,489
As % of all contract IT jobs advertised in the UK 86.11% 89.76% 90.61%
Number of daily rates quoted 23,629 35,622 55,798
10th Percentile £300 £325 £344
25th Percentile £413 £438 £430
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +7.07%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £480
% change year-on-year - +4.17% +9.09%
Number of hourly rates quoted 2,441 1,693 1,893
10th Percentile £12.75 £10.63 £12.50
25th Percentile £16.00 £15.99 £15.50
Median hourly rate £36.05 £36.00 £25.68
Median % change year-on-year +0.13% +40.19% +7.00%
75th Percentile £60.00 £65.00 £49.52
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% -5.27%

IT Audit
Job Vacancy Trend

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

Job vacancy trend for IT Audit in the UK

IT Audit
Contractor Daily Rate Trend

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

Daily rate trend for IT Audit in the UK

IT Audit
Daily Rate Histogram

Daily rate distribution for jobs citing IT Audit over the 6 months to 19 May 2024.

Daily rate histogram for IT Audit in the UK

IT Audit
Contractor Hourly Rate Trend

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

Hourly rate trend for IT Audit in the UK

IT Audit
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IT Audit within the UK over the 6 months to 19 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 +73 14 £517 -6.00% 21
London +74 9 £538 -2.27% 11
Work from Home +110 7 £517 -12.00% 20
UK excluding London +32 5 £517 -6.00% 12
North of England +26 4 £500 -5.39% 7
Yorkshire +19 3 £517 -6.00% 3
South East +19 1 £538 -6.52% 3
North West +9 1 £450 +8.76% 3

IT 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:

Development Applications
1 2 (14.29%) Cypress.io
1 2 (14.29%) Postman
1 2 (14.29%) Selenium
General
1 8 (57.14%) Finance
2 4 (28.57%) Banking
2 4 (28.57%) Social Skills
3 2 (14.29%) Public Sector
4 1 (7.14%) Analytical Skills
4 1 (7.14%) Automotive
Job Titles
1 8 (57.14%) Analyst
2 4 (28.57%) IT Analyst
2 4 (28.57%) IT Risk Analyst
2 4 (28.57%) Risk Analyst
3 3 (21.43%) QA Analyst
3 3 (21.43%) QA Test Analyst
3 3 (21.43%) Test Analyst
4 2 (14.29%) Financial Analyst
4 2 (14.29%) Operational Risk Analyst
4 2 (14.29%) Operations Analyst
4 2 (14.29%) Service Analyst
5 1 (7.14%) Auditor
5 1 (7.14%) Consultant
5 1 (7.14%) Information Analyst
5 1 (7.14%) Information Security Analyst
5 1 (7.14%) Information Security Consultant
5 1 (7.14%) IT Auditor
5 1 (7.14%) Security Analyst
5 1 (7.14%) Security Consultant
5 1 (7.14%) Support Manager
Miscellaneous
1 2 (14.29%) Derivative
1 2 (14.29%) Security Posture
2 1 (7.14%) Management Information System
2 1 (7.14%) NHS
Processes & Methodologies
1 3 (21.43%) Agile
1 3 (21.43%) Computer Science
1 3 (21.43%) Continuous Improvement
1 3 (21.43%) Cybersecurity
1 3 (21.43%) Defect Tracking
1 3 (21.43%) Functional Testing
1 3 (21.43%) Process Improvement
1 3 (21.43%) Scrum
1 3 (21.43%) Test Automation
1 3 (21.43%) Test Planning
1 3 (21.43%) Test Strategy
2 2 (14.29%) Data Privacy
2 2 (14.29%) Information Security Governance
2 2 (14.29%) Information Security Management
2 2 (14.29%) ISMS
2 2 (14.29%) Mentoring
2 2 (14.29%) Migration
2 2 (14.29%) Risk Assessment
2 2 (14.29%) Risk Management
2 2 (14.29%) Security Management
Programming Languages
1 2 (14.29%) Java
Qualifications
1 7 (50.00%) CISA
1 7 (50.00%) CISSP
2 5 (35.71%) CISM
3 3 (21.43%) CRISC
4 1 (7.14%) Degree
4 1 (7.14%) ITIL Certification
Quality Assurance & Compliance
1 3 (21.43%) QA
2 2 (14.29%) GDPR
2 2 (14.29%) GRC
2 2 (14.29%) ISO/IEC 27001
2 2 (14.29%) NIST
3 1 (7.14%) COBIT
3 1 (7.14%) ITGC
3 1 (7.14%) SLA
Vendors
1 1 (7.14%) Microsoft