EMIR Contracts with Work from Home Options

European Market Infrastructure Regulation (EMIR)
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for EMIR skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited EMIR over the 6 months to 20 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
20 May 2024
Same period 2023 Same period 2022
Rank 317 451 591
Rank change year-on-year +134 +140 -101
Contract jobs citing EMIR 24 4 28
As % of all contract jobs with a WFH option 0.16% 0.016% 0.063%
As % of the Quality Assurance & Compliance category 1.13% 0.13% 0.47%
Number of daily rates quoted 24 4 23
10th Percentile - £641 £565
25th Percentile £400 £647 £574
Median daily rate (50th Percentile) £625 £706 £700
Median % change year-on-year -11.50% +0.89% +7.69%
75th Percentile £741 £752 £731
90th Percentile £807 £766 £847
UK median daily rate £700 £750 £700
% change year-on-year -6.67% +7.14% +7.69%

All Quality Assurance and Compliance Skills
Work from Home

EMIR is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 2,117 3,016 5,913
As % of all contract jobs with a WFH option 14.38% 12.17% 13.30%
Number of daily rates quoted 1,469 2,193 4,206
10th Percentile £305 £325 £313
25th Percentile £415 £420 £406
Median daily rate (50th Percentile) £515 £520 £510
Median % change year-on-year -0.96% +1.96% +7.37%
75th Percentile £622 £625 £604
90th Percentile £750 £737 £700
UK median daily rate £510 £525 £515
% change year-on-year -2.86% +1.94% +8.42%
Number of hourly rates quoted 75 68 130
10th Percentile £12.75 £18.20 £11.75
25th Percentile £14.00 £23.02 £20.00
Median hourly rate £23.50 £39.60 £44.50
Median % change year-on-year -40.66% -11.01% +128.21%
75th Percentile £48.75 £60.94 £54.00
90th Percentile £65.00 £71.98 £75.00
UK median hourly rate £21.00 £35.00 £30.00
% change year-on-year -40.00% +16.67% +42.86%

EMIR
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing EMIR as a proportion of all IT jobs advertised.

EMIR trend for jobs with a WFH option

EMIR
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing EMIR.

EMIR daily rate for jobs with a WFH option

EMIR
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing EMIR over the 6 months to 20 May 2024.

EMIR daily rate histogram for jobs with a WFH option

EMIR
Co-occurring Skills and Capabilities with WFH Options 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:

Business Applications
1 1 (4.17%) ION MarketView
Cloud Services
1 1 (4.17%) Cloud Computing
Database & Business Intelligence
1 1 (4.17%) Big Data
1 1 (4.17%) Hadoop
1 1 (4.17%) PostgreSQL
1 1 (4.17%) RDBMS
1 1 (4.17%) Relational Database
1 1 (4.17%) SQL Server
General
1 19 (79.17%) Banking
2 10 (41.67%) Finance
3 9 (37.50%) Social Skills
4 3 (12.50%) Front Office
4 3 (12.50%) Investment Banking
5 2 (8.33%) Prime Brokerage
5 2 (8.33%) Synthetic Prime Brokerage
6 1 (4.17%) Back Office
Job Titles
1 13 (54.17%) Business Analyst
2 8 (33.33%) Analyst
3 6 (25.00%) Regulatory Business Analyst
4 4 (16.67%) Finance Business Analyst
4 4 (16.67%) Financial Analyst
5 2 (8.33%) Financial Business Analyst
5 2 (8.33%) Financial Services Business Analyst
5 2 (8.33%) Payments Analyst
5 2 (8.33%) Payments Business Analyst
5 2 (8.33%) Service Analyst
6 1 (4.17%) Consultant
6 1 (4.17%) Developer
6 1 (4.17%) ETL Developer
6 1 (4.17%) Information Manager
6 1 (4.17%) IT Manager
6 1 (4.17%) IT Project Manager
6 1 (4.17%) Perl Developer
6 1 (4.17%) Project Manager
6 1 (4.17%) Report Analyst
6 1 (4.17%) SQL Developer
Miscellaneous
1 4 (16.67%) Derivative
2 2 (8.33%) Equities
2 2 (8.33%) Foreign Exchange (FX)
2 2 (8.33%) SWIFT Messaging Network
3 1 (4.17%) ASIC
3 1 (4.17%) Hedge funds
3 1 (4.17%) Legacy Systems
Operating Systems
1 1 (4.17%) Unix
Processes & Methodologies
1 5 (20.83%) User Acceptance Testing
2 4 (16.67%) System Integration Testing
3 2 (8.33%) Collateral Management
3 2 (8.33%) SDLC
4 1 (4.17%) Agile
4 1 (4.17%) Business Analysis
4 1 (4.17%) Collaborative Culture
4 1 (4.17%) Data Analysis
4 1 (4.17%) ETL
4 1 (4.17%) Kaizen
4 1 (4.17%) Microservices
4 1 (4.17%) Project Management
4 1 (4.17%) Regulatory Change
4 1 (4.17%) Requirements Workshops
4 1 (4.17%) Risk Management
4 1 (4.17%) Root Cause Analysis
4 1 (4.17%) Software Engineering
4 1 (4.17%) User Experience
4 1 (4.17%) Waterfall
4 1 (4.17%) Workshop Facilitation
Programming Languages
1 8 (33.33%) SQL
2 1 (4.17%) Perl
Quality Assurance & Compliance
1 22 (91.67%) MiFID
2 11 (45.83%) Dodd-Frank
3 2 (8.33%) SEPA
4 1 (4.17%) FATCA
Vendors
1 3 (12.50%) Bloomberg
2 2 (8.33%) Reuters
3 1 (4.17%) ION Trading
3 1 (4.17%) Oracle
3 1 (4.17%) Progress
3 1 (4.17%) Sybase