Straight-Through Processing
UK
The following table provides summary statistics for contract job vacancies with a requirement for Straight-Through Processing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Straight-Through Processing over the 6 months to 1 June 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 1 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 572 | 670 | 827 |
| Rank change year-on-year | +98 | +157 | -121 |
| Contract jobs citing Straight-Through Processing | 3 | 12 | 11 |
| As % of all contract jobs advertised in the UK | 0.007% | 0.021% | 0.013% |
| As % of the Processes & Methodologies category | 0.008% | 0.024% | 0.014% |
| Number of daily rates quoted | 2 | 11 | 11 |
| 10th Percentile | £554 | £489 | £650 |
| 25th Percentile | £597 | £520 | £663 |
| Median daily rate (50th Percentile) | £688 | £700 | £700 |
| Median % change year-on-year | -1.79% | - | +7.69% |
| 75th Percentile | £772 | - | £831 |
| 90th Percentile | £811 | - | £850 |
| UK excluding London median daily rate | - | £463 | - |
All Process and Methodology Skills
UK
Straight-Through Processing 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 | 36,802 | 50,277 | 79,372 |
| As % of all contract IT jobs advertised in the UK | 85.47% | 89.69% | 90.61% |
| Number of daily rates quoted | 23,632 | 34,811 | 55,790 |
| 10th Percentile | £300 | £325 | £345 |
| 25th Percentile | £413 | £438 | £431 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £638 | £650 | £644 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £500 | £500 | £488 |
| % change year-on-year | - | +2.56% | +9.18% |
| Number of hourly rates quoted | 2,530 | 1,673 | 1,868 |
| 10th Percentile | £12.75 | £10.63 | £12.50 |
| 25th Percentile | £16.00 | £15.72 | £15.63 |
| Median hourly rate | £36.50 | £36.25 | £25.68 |
| Median % change year-on-year | +0.69% | +41.16% | +9.74% |
| 75th Percentile | £60.75 | £65.00 | £50.00 |
| 90th Percentile | £72.50 | £75.00 | £65.00 |
| UK excluding London median hourly rate | £38.12 | £35.00 | £20.00 |
| % change year-on-year | +8.91% | +75.00% | -4.76% |
Straight-Through Processing
Job Vacancy Trend
Job postings citing Straight-Through Processing as a proportion of all IT jobs advertised.
Straight-Through Processing
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Straight-Through Processing.
Straight-Through Processing
Daily Rate Histogram
Daily rate distribution for jobs citing Straight-Through Processing over the 6 months to 1 June 2024.
Straight-Through Processing
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Straight-Through Processing.
Straight-Through Processing
Top 2 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Straight-Through Processing within the UK over the 6 months to 1 June 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 |
|---|---|---|---|---|---|
| London | +86 | 3 | £688 | -1.79% | 4 |
| England | +78 | 3 | £688 | -1.79% | 4 |
Straight-Through Processing
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: