Business Analyst Contracts

Business Analyst (BA)
UK

The median Business Analyst (BA) daily rate in the UK is £525 according to job vacancies posted during the 6 months to 18 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 42 41 35
Rank change year-on-year -1 -6 +18
Contract jobs requiring a Business Analyst 1,817 2,953 5,314
As % of all contract jobs advertised in the UK 4.27% 5.19% 6.07%
As % of the Job Titles category 4.60% 5.48% 6.36%
Number of daily rates quoted 1,263 2,156 3,949
10th Percentile £375 £400 £375
25th Percentile £430 £450 £425
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +8.11%
75th Percentile £625 £600 £588
90th Percentile £725 £700 £663
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 9 14 15
10th Percentile - £20.78 £18.70
25th Percentile £20.77 £29.74 £22.09
Median hourly rate £28.00 £60.25 £26.27
Median % change year-on-year -53.53% +129.35% -28.03%
75th Percentile £50.00 £64.69 £42.63
90th Percentile £69.40 £68.50 £53.45
UK excluding London median hourly rate £20.77 £63.75 £22.09
% change year-on-year -67.42% +188.59% -5.64%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in the UK with a recognized job title 39,507 53,867 83,506
% of contract IT jobs with a recognized job title 92.79% 94.60% 95.39%
Number of daily rates quoted 25,718 37,620 58,687
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £544 £525
Median % change year-on-year -3.40% +3.52% +9.38%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,672 1,498 2,036
10th Percentile £12.82 £14.25 £12.50
25th Percentile £16.29 £19.13 £15.75
Median hourly rate £36.50 £45.00 £23.91
Median % change year-on-year -18.89% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.90 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Business Analyst
Job Vacancy Trend

Job postings that featured Business Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Business Analyst in the UK

Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Business Analyst.

Daily rate trend for Business Analyst in the UK

Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Business Analyst over the 6 months to 18 May 2024.

Daily rate histogram for Business Analyst in the UK

Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Business Analyst.

Hourly rate trend for Business Analyst in the UK

Business Analyst
Hourly Rate Histogram

Hourly rate distribution of jobs citing Business Analyst over the 6 months to 18 May 2024.

Hourly rate histogram for Business Analyst in the UK

Business Analyst
Top 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Analyst within the UK over the 6 months to 18 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 -5 1,560 £550 +4.76% 361
London 0 1,057 £575 +4.55% 195
Work from Home +6 763 £550 +7.84% 162
UK excluding London -23 573 £450 -5.26% 192
North of England -6 191 £475 -5.00% 60
South East -20 116 £475 - 64
North West -7 102 £475 - 28
Scotland +7 99 £450 +4.65% 6
Yorkshire -12 78 £475 -5.00% 29
Midlands -29 77 £440 -7.37% 30
East of England -10 49 £425 -12.82% 11
West Midlands -32 49 £450 -6.25% 22
South West -43 34 £495 -5.71% 13
East Midlands +10 26 £425 -9.33% 8
North East +8 10 £425 -14.14% 3
Wales +5 7 £420 -11.58% 1
Northern Ireland -7 3 £400 -3.03% 9

Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 18 May 2024, Business Analyst contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Business Analyst in the job title.

1 548 (30.16%) Finance
2 496 (27.30%) Social Skills
3 494 (27.19%) Agile
4 436 (24.00%) Business Analysis
5 312 (17.17%) Requirements Gathering
6 303 (16.68%) Stakeholder Management
7 274 (15.08%) User Stories
8 247 (13.59%) Banking
9 236 (12.99%) Analytical Skills
10 208 (11.45%) Degree
11 198 (10.90%) Problem-Solving
12 193 (10.62%) SQL
13 162 (8.92%) Project Management
14 160 (8.81%) User Acceptance Testing
15 159 (8.75%) Workshop Facilitation
16 144 (7.93%) Data Analysis
17 143 (7.87%) Migration
18 140 (7.71%) Public Sector
19 139 (7.65%) Product Ownership
20 134 (7.37%) GAP Analysis
21 128 (7.04%) Acceptance Criteria
22 126 (6.93%) Change Management
22 126 (6.93%) Scrum
23 122 (6.71%) JIRA
24 110 (6.05%) Microsoft
24 110 (6.05%) Azure
25 109 (6.00%) Use Case
26 108 (5.94%) ERP
27 107 (5.89%) Business Intelligence
28 103 (5.67%) Front Office

Business Analyst Skill Set
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:

Application Platforms
1 71 (3.91%) Confluence
2 37 (2.04%) SharePoint
3 10 (0.55%) MTS
4 6 (0.33%) Adobe Experience Manager
5 5 (0.28%) CMS
6 4 (0.22%) Apache
6 4 (0.22%) Microsoft Exchange
7 3 (0.17%) ArcGIS
7 3 (0.17%) SAS
8 2 (0.11%) Apache Spark
9 1 (0.055%) Apache Airflow
9 1 (0.055%) LiveLink
9 1 (0.055%) SharePoint 2013
Applications
1 81 (4.46%) Microsoft Excel
1 81 (4.46%) MS Visio
2 52 (2.86%) Microsoft PowerPoint
3 42 (2.31%) Microsoft Office
4 8 (0.44%) Spreadsheet
5 6 (0.33%) Microsoft Project
6 4 (0.22%) Chatbot
7 3 (0.17%) Trello
8 1 (0.055%) InVision
8 1 (0.055%) Sketch
8 1 (0.055%) SPSS
Business Applications
1 45 (2.48%) Endur
2 23 (1.27%) Loan IQ
3 21 (1.16%) Aligne
4 18 (0.99%) SAP S/4HANA
5 17 (0.94%) Dynamics CRM
6 14 (0.77%) Aladdin
7 10 (0.55%) EuroRunner
8 9 (0.50%) ION MarketView
9 7 (0.39%) NetSuite
9 7 (0.39%) SAP PM
10 5 (0.28%) Oracle Financials
10 5 (0.28%) SAP Hybris
11 4 (0.22%) Salesforce CRM
11 4 (0.22%) SAP MDG
11 4 (0.22%) Shopify
12 3 (0.17%) Magento
12 3 (0.17%) Maximo
12 3 (0.17%) Oracle Procure-to-Pay
12 3 (0.17%) SAP ERP
13 2 (0.11%) iTrent
Cloud Services
1 110 (6.05%) Azure
2 90 (4.95%) Power Platform
3 68 (3.74%) AWS
4 40 (2.20%) SaaS
5 32 (1.76%) Azure DevOps
6 25 (1.38%) Dynamics 365
7 14 (0.77%) Microsoft 365
8 13 (0.72%) SuccessFactors
9 9 (0.50%) Miro
10 8 (0.44%) Cloud Computing
10 8 (0.44%) Collibra
10 8 (0.44%) SAP Commerce Cloud
11 7 (0.39%) Lucidchart
12 6 (0.33%) Google Analytics
12 6 (0.33%) OCI
12 6 (0.33%) PaaS
12 6 (0.33%) Salesforce Commerce Cloud
13 5 (0.28%) Adobe Analytics
13 5 (0.28%) Entra ID
14 4 (0.22%) IBM Blueworks
Communications & Networking
1 14 (0.77%) FIX Connectivity
2 6 (0.33%) Radio Access Network
3 5 (0.28%) Internet
3 5 (0.28%) WAN
4 3 (0.17%) Intranet
4 3 (0.17%) NAS
4 3 (0.17%) SD-WAN
5 2 (0.11%) 4G
5 2 (0.11%) 5G
5 2 (0.11%) Firewall
5 2 (0.11%) WinSCP
6 1 (0.055%) Ethernet
6 1 (0.055%) Intrusion Detection
6 1 (0.055%) LTE
6 1 (0.055%) MPLS
6 1 (0.055%) Network Security
6 1 (0.055%) Reverse Proxy
6 1 (0.055%) Wireless
Database & Business Intelligence
1 85 (4.68%) Power BI
2 31 (1.71%) Data Warehouse
3 21 (1.16%) Tableau
4 16 (0.88%) Relational Database
5 10 (0.55%) Data Lake
5 10 (0.55%) NoSQL
5 10 (0.55%) SQL Server Integration Services
6 9 (0.50%) Metadata
7 8 (0.44%) Big Data
7 8 (0.44%) Geospatial Data
7 8 (0.44%) SAP HANA
8 7 (0.39%) SQL Server
9 5 (0.28%) BusinessObjects Business Intelligence
9 5 (0.28%) Electronic Patient Records
10 4 (0.22%) Data Mart
10 4 (0.22%) RDBMS
10 4 (0.22%) SQL Server Analysis Services
10 4 (0.22%) SQL Server Reporting Services
11 3 (0.17%) GIS
11 3 (0.17%) PostgreSQL
Development Applications
1 122 (6.71%) JIRA
2 15 (0.83%) Eclipse
3 11 (0.61%) TeamCity
4 9 (0.50%) Postman
4 9 (0.50%) SoapUI
5 7 (0.39%) PyCharm
6 2 (0.11%) Balsamiq
7 1 (0.055%) Rational Software Modeler
7 1 (0.055%) Visual Studio Team System
General
1 548 (30.16%) Finance
2 496 (27.30%) Social Skills
3 247 (13.59%) Banking
4 236 (12.99%) Analytical Skills
5 140 (7.71%) Public Sector
6 103 (5.67%) Front Office
7 90 (4.95%) Inclusion and Diversity
8 76 (4.18%) Investment Banking
9 70 (3.85%) Manufacturing
10 68 (3.74%) Presentation Skills
11 56 (3.08%) Retail
12 48 (2.64%) Back Office
13 42 (2.31%) Marketing
14 36 (1.98%) Influencing Skills
15 35 (1.93%) Pharmaceutical
16 29 (1.60%) Legal
17 27 (1.49%) Telecoms
18 24 (1.32%) Local Government
19 19 (1.05%) Organisational Skills
20 18 (0.99%) Documentation Skills
Libraries, Frameworks & Software Standards
1 24 (1.32%) XML
2 21 (1.16%) FIX Protocol
3 12 (0.66%) JSON
4 10 (0.55%) Web Services
5 8 (0.44%) .NET
5 8 (0.44%) SOAP
6 7 (0.39%) Oracle Fusion
6 7 (0.39%) SAP PI
7 5 (0.28%) SailPoint
8 4 (0.22%) ADO
8 4 (0.22%) OAuth
8 4 (0.22%) VML
9 3 (0.17%) HTML
10 2 (0.11%) Apache Camel
10 2 (0.11%) Middleware
10 2 (0.11%) OAuth2
10 2 (0.11%) OpenID
10 2 (0.11%) React
11 1 (0.055%) Kafka
11 1 (0.055%) Swagger
Miscellaneous
1 139 (7.65%) Product Ownership
2 68 (3.74%) Derivative
3 58 (3.19%) Foreign Exchange (FX)
4 57 (3.14%) Fixed Income
5 51 (2.81%) Equities
6 36 (1.98%) Hedge funds
7 35 (1.93%) Onboarding
8 31 (1.71%) Management Information System
9 30 (1.65%) SWIFT Messaging Network
10 25 (1.38%) Data Protection Act
10 25 (1.38%) Renewable Energy
11 24 (1.32%) Reinsurance
12 21 (1.16%) Mobile App
13 18 (0.99%) Self-Motivation
14 17 (0.94%) IoT
15 16 (0.88%) Market Risk
16 14 (0.77%) Greenfield Project
16 14 (0.77%) Solar Panel
17 13 (0.72%) Learning Management System
18 12 (0.66%) Analytical Mindset
Operating Systems
1 20 (1.10%) Windows
2 17 (0.94%) Unix
3 6 (0.33%) Apple iOS
4 4 (0.22%) Linux
4 4 (0.22%) Windows 10
4 4 (0.22%) Windows Server
5 3 (0.17%) Mac OS
5 3 (0.17%) VMS
6 2 (0.11%) Android
6 2 (0.11%) Windows 7
6 2 (0.11%) Windows Server 2008
6 2 (0.11%) Windows Server 2012
Processes & Methodologies
1 494 (27.19%) Agile
2 436 (24.00%) Business Analysis
3 312 (17.17%) Requirements Gathering
4 303 (16.68%) Stakeholder Management
5 274 (15.08%) User Stories
6 198 (10.90%) Problem-Solving
7 162 (8.92%) Project Management
8 160 (8.81%) User Acceptance Testing
9 159 (8.75%) Workshop Facilitation
10 144 (7.93%) Data Analysis
11 143 (7.87%) Migration
12 134 (7.37%) GAP Analysis
13 128 (7.04%) Acceptance Criteria
14 126 (6.93%) Change Management
14 126 (6.93%) Scrum
15 109 (6.00%) Use Case
16 108 (5.94%) ERP
17 107 (5.89%) Business Intelligence
18 100 (5.50%) Process Improvement
19 97 (5.34%) Asset Management
Programming Languages
1 193 (10.62%) SQL
2 52 (2.86%) Python
3 23 (1.27%) Java
4 17 (0.94%) JavaScript
5 7 (0.39%) Groovy
6 6 (0.33%) C#
7 5 (0.28%) PL/SQL
7 5 (0.28%) XPath
7 5 (0.28%) XQuery
8 4 (0.22%) VBA
9 3 (0.17%) R
10 1 (0.055%) JCL
10 1 (0.055%) Shell Script
10 1 (0.055%) T-SQL
Qualifications
1 208 (11.45%) Degree
2 101 (5.56%) Security Cleared
3 80 (4.40%) SC Cleared
4 29 (1.60%) BPSS Clearance
5 22 (1.21%) CBAP
6 20 (1.10%) IIBA
7 13 (0.72%) DV Cleared
8 11 (0.61%) ISEB
9 9 (0.50%) ACCA
9 9 (0.50%) CIMA
9 9 (0.50%) Master's Degree
10 7 (0.39%) Computer Science Degree
10 7 (0.39%) CSPO
10 7 (0.39%) Numerate Degree
11 5 (0.28%) Microsoft Certification
11 5 (0.28%) PMI Certification
12 4 (0.22%) ITIL Certification
13 3 (0.17%) HNC
13 3 (0.17%) MBA
14 2 (0.11%) MCSA
Quality Assurance & Compliance
1 88 (4.84%) QA
2 48 (2.64%) Data Quality
3 37 (2.04%) GDPR
4 36 (1.98%) EMIR
5 35 (1.93%) MiFID
6 22 (1.21%) GxP
7 19 (1.05%) Good Clinical Practice
7 19 (1.05%) SEPA
8 16 (0.88%) PMO
9 14 (0.77%) Dodd-Frank
10 13 (0.72%) PCI DSS
11 8 (0.44%) ISO 20022
12 6 (0.33%) Actionable Recommendations
12 6 (0.33%) ISO/IEC 27001
13 4 (0.22%) Accessibility
13 4 (0.22%) Basel III
13 4 (0.22%) Disclosure Scotland
13 4 (0.22%) NIST
13 4 (0.22%) SLA
14 3 (0.17%) GRC
System Software
1 10 (0.55%) Active Directory
2 3 (0.17%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.055%) Hyper-V
4 1 (0.055%) VMware Infrastructure
4 1 (0.055%) VMware NSX
4 1 (0.055%) vSphere
Systems Management
1 4 (0.22%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Single Sign-On
3 1 (0.055%) Microsoft Intune
3 1 (0.055%) SCCM
Vendors
1 110 (6.05%) Microsoft
2 100 (5.50%) SAP
3 54 (2.97%) Oracle
4 48 (2.64%) Salesforce
5 42 (2.31%) Bloomberg
6 37 (2.04%) ServiceNow
7 18 (0.99%) OpenLink
8 16 (0.88%) ION Trading
9 14 (0.77%) Adobe
10 13 (0.72%) MarketAxess
10 13 (0.72%) Tradeweb
11 12 (0.66%) BISAM
11 12 (0.66%) Workday
12 11 (0.61%) Guidewire
12 11 (0.61%) Murex
13 9 (0.50%) Cadence
13 9 (0.50%) Refinitiv
14 8 (0.44%) Ariba
14 8 (0.44%) Google
15 7 (0.39%) Calypso