Requirements Engineering Contracts with Work from Home Options

Requirements Engineering
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 Requirements Engineering skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Engineering over the 6 months to 31 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
31 May 2024
Same period 2023 Same period 2022
Rank 333 453 562
Rank change year-on-year +120 +109 -81
Contract jobs citing Requirements Engineering 13 12 55
As % of all contract jobs with a WFH option 0.089% 0.050% 0.12%
As % of the Processes & Methodologies category 0.10% 0.055% 0.14%
Number of daily rates quoted 7 9 46
10th Percentile £390 £470 £358
25th Percentile £416 £475 £432
Median daily rate (50th Percentile) £475 £625 £500
Median % change year-on-year -24.00% +25.00% +5.26%
75th Percentile £538 £700 £550
90th Percentile £582 £749 £638
UK median daily rate £450 £625 £500
% change year-on-year -28.00% +25.00% -4.76%
Number of hourly rates quoted 0 1 0
Median hourly rate - £22.16 -
UK median hourly rate £65.50 £75.50 £39.29
% change year-on-year -13.25% +92.16% -21.42%

All Process and Methodology Skills
Work from Home

Requirements Engineering 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 12,810 21,655 40,201
As % of all contract jobs with a WFH option 87.61% 89.64% 91.01%
Number of daily rates quoted 8,641 15,361 29,229
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 571 502 523
10th Percentile £14.88 £18.49 £14.30
25th Percentile £24.13 £25.80 £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 £57.50
90th Percentile £75.00 £78.00 £70.00
UK median hourly rate £36.50 £36.54 £25.68
% change year-on-year -0.11% +42.29% +9.46%

Requirements Engineering
Trend for Jobs with a WFH Option

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

Requirements Engineering trend for jobs with a WFH option

Requirements Engineering
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 Requirements Engineering.

Requirements Engineering daily rate for jobs with a WFH option

Requirements Engineering
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Requirements Engineering over the 6 months to 31 May 2024.

Requirements Engineering daily rate histogram for jobs with a WFH option

Requirements Engineering
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 Requirements Engineering.

Requirements Engineering hourly rate for jobs with a WFH option

Requirements Engineering
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 (23.08%) Microsoft Office
2 1 (7.69%) Microsoft Excel
2 1 (7.69%) Microsoft Project
2 1 (7.69%) Spreadsheet
Business Applications
1 1 (7.69%) Teamcenter
Cloud Services
1 1 (7.69%) Azure
1 1 (7.69%) Miro
1 1 (7.69%) Power Platform
Database & Business Intelligence
1 1 (7.69%) NoSQL
1 1 (7.69%) Oracle Database
1 1 (7.69%) Power BI
1 1 (7.69%) Power Query
1 1 (7.69%) SAP HANA
Development Applications
1 1 (7.69%) LabVIEW
General
1 6 (46.15%) Public Sector
2 5 (38.46%) Finance
3 3 (23.08%) Social Skills
4 2 (15.38%) Analytical Skills
4 2 (15.38%) Electronics
5 1 (7.69%) Back Office
5 1 (7.69%) Banking
5 1 (7.69%) Corporate Banking
5 1 (7.69%) Investment Banking
5 1 (7.69%) Organisational Skills
5 1 (7.69%) Retail
5 1 (7.69%) Retail Banking
Job Titles
1 8 (61.54%) Analyst
2 7 (53.85%) Business Analyst
3 3 (23.08%) Requirements Engineer
3 3 (23.08%) Senior
3 3 (23.08%) Senior Analyst
4 2 (15.38%) Developer
4 2 (15.38%) Finance Business Analyst
4 2 (15.38%) Financial Analyst
4 2 (15.38%) Senior Business Analyst
5 1 (7.69%) Business Intelligence Developer
5 1 (7.69%) Business Systems Analyst
5 1 (7.69%) Finance Systems Analyst
5 1 (7.69%) Financial Business Analyst
5 1 (7.69%) Financial Services Business Analyst
5 1 (7.69%) Project Analyst
5 1 (7.69%) Senior Financial Analyst
5 1 (7.69%) Senior Solutions Analyst
5 1 (7.69%) Service Analyst
5 1 (7.69%) Solutions Analyst
5 1 (7.69%) Test Engineer
Libraries, Frameworks & Software Standards
1 1 (7.69%) SAP PI
Miscellaneous
1 2 (15.38%) Product Ownership
2 1 (7.69%) Onboarding
2 1 (7.69%) SWIFT Messaging Network
2 1 (7.69%) Video Conferencing
Operating Systems
1 1 (7.69%) Windows
Processes & Methodologies
1 7 (53.85%) Agile
2 6 (46.15%) Business Analysis
3 4 (30.77%) Scaled Agile Framework
4 3 (23.08%) Project Management
4 3 (23.08%) Scrum
5 2 (15.38%) Acceptance Criteria
5 2 (15.38%) Problem-Solving
5 2 (15.38%) Requirements Gathering
5 2 (15.38%) Technical Analysis
5 2 (15.38%) Use Case
5 2 (15.38%) User Stories
5 2 (15.38%) Waterfall
5 2 (15.38%) Workshop Facilitation
6 1 (7.69%) Data Transformation
6 1 (7.69%) Front End Development
6 1 (7.69%) Software Delivery
6 1 (7.69%) Stakeholder Engagement
6 1 (7.69%) Target Operating Model
6 1 (7.69%) User Experience
6 1 (7.69%) Visualisation
Programming Languages
1 3 (23.08%) SQL
2 1 (7.69%) Data Analysis Expressions
2 1 (7.69%) PL/SQL
Qualifications
1 2 (15.38%) Security Cleared
2 1 (7.69%) APMP
2 1 (7.69%) BPSS Clearance
2 1 (7.69%) CBAP
2 1 (7.69%) Degree
2 1 (7.69%) IIBA
2 1 (7.69%) ISEB
2 1 (7.69%) SC Cleared
Quality Assurance & Compliance
1 1 (7.69%) Data Quality
1 1 (7.69%) ISO 20022
1 1 (7.69%) P3O
1 1 (7.69%) PCI DSS
1 1 (7.69%) QA
Vendors
1 2 (15.38%) Microsoft
2 1 (7.69%) Avaloq
2 1 (7.69%) CyberSource
2 1 (7.69%) Oracle
2 1 (7.69%) SAP