FMEA Contracts with Work from Home Options

Failure Mode and Effects Analysis (FMEA)
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 FMEA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FMEA over the 6 months to 3 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
3 Jun 2024
Same period 2023 Same period 2022
Rank 338 459 599
Rank change year-on-year +121 +140 -117
Contract jobs citing FMEA 4 5 20
As % of all contract jobs with a WFH option 0.027% 0.021% 0.045%
As % of the Processes & Methodologies category 0.031% 0.023% 0.049%
Number of daily rates quoted 0 3 20
10th Percentile - - £380
25th Percentile - - £398
Median daily rate (50th Percentile) - £450 £432
Median % change year-on-year - +4.17% -16.28%
75th Percentile - £469 £503
90th Percentile - £480 £518
UK median daily rate £350 £450 £500
% change year-on-year -22.22% -10.00% -2.91%
Number of hourly rates quoted 4 2 0
10th Percentile £30.78 £50.63 -
25th Percentile £33.83 £51.56 -
Median hourly rate £36.05 £53.75 -
Median % change year-on-year -32.94% - -
75th Percentile £39.43 £56.56 -
90th Percentile £44.57 £57.88 -
UK median hourly rate £42.50 £50.00 £75.00
% change year-on-year -15.00% -33.33% +41.51%

All Process and Methodology Skills
Work from Home

FMEA 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 WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 12,743 21,731 40,495
As % of all contract jobs with a WFH option 87.55% 89.66% 91.04%
Number of daily rates quoted 8,582 15,423 29,469
10th Percentile £325 £363 £363
25th Percentile £425 £450 £438
Median daily rate (50th Percentile) £525 £543 £525
Median % change year-on-year -3.23% +3.33% +6.06%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 569 503 524
10th Percentile £14.79 £18.49 £14.50
25th Percentile £24.00 £25.85 £20.75
Median hourly rate £43.00 £52.50 £40.00
Median % change year-on-year -18.10% +31.25% +66.67%
75th Percentile £60.00 £67.50 £58.47
90th Percentile £75.00 £78.60 £71.75
UK median hourly rate £36.50 £36.00 £25.68
% change year-on-year +1.39% +40.19% +10.45%

FMEA
Trend for Jobs with a WFH Option

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

FMEA trend for jobs with a WFH option

FMEA
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 FMEA.

FMEA daily rate for jobs with a WFH option

FMEA
Hourly Rate Trend for Jobs with a WFH Option

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

FMEA hourly rate for jobs with a WFH option

FMEA
Hourly Rate Histogram for Jobs with a WFH Option

Hourly rate distribution for jobs with a work from home option citing FMEA over the 6 months to 3 June 2024.

FMEA hourly rate histogram for jobs with a WFH option

FMEA
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:

Applications
1 3 (75.00%) Simulink
1 3 (75.00%) Stateflow
Development Applications
1 1 (25.00%) ClearCase
1 1 (25.00%) Git
General
1 3 (75.00%) Automotive
1 3 (75.00%) Manufacturing
2 2 (50.00%) Military
Job Titles
1 3 (75.00%) Embedded Engineer
1 3 (75.00%) Embedded Software Engineer
1 3 (75.00%) Software Engineer
2 2 (50.00%) Senior
2 2 (50.00%) Senior Embedded Engineer
2 2 (50.00%) Senior Embedded Software Engineer
2 2 (50.00%) Senior Software Engineer
3 1 (25.00%) Integration Engineer
3 1 (25.00%) Systems Engineer
3 1 (25.00%) Systems Integration Engineer
3 1 (25.00%) Systems Test Engineer
3 1 (25.00%) Test and Integration Engineer
3 1 (25.00%) Test Engineer
Miscellaneous
1 3 (75.00%) Algorithms
Processes & Methodologies
1 3 (75.00%) Software Engineering
1 3 (75.00%) Validation
2 1 (25.00%) Hardware-in-the-Loop
2 1 (25.00%) Test Automation
Programming Languages
1 4 (100.00%) MATLAB
2 1 (25.00%) Python
Qualifications
1 3 (75.00%) Degree
Systems Management
1 1 (25.00%) Functional Safety
Vendors
1 3 (75.00%) MathWorks