Financial
UK
The table below looks at the prevalence of the term Finance in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Finance over the 6 months to 1 June 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 1 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 2 | 2 | 2 |
| Rank change year-on-year | 0 | 0 | +1 |
| Contract jobs citing Finance | 8,057 | 12,026 | 18,058 |
| As % of all contract jobs advertised in the UK | 18.71% | 21.45% | 20.62% |
| As % of the General category | 32.55% | 36.66% | 36.32% |
| Number of daily rates quoted | 5,392 | 8,575 | 12,824 |
| 10th Percentile | £350 | £400 | £381 |
| 25th Percentile | £463 | £488 | £471 |
| Median daily rate (50th Percentile) | £575 | £600 | £575 |
| Median % change year-on-year | -4.17% | +4.35% | +9.52% |
| 75th Percentile | £713 | £725 | £675 |
| 90th Percentile | £825 | £825 | £775 |
| UK excluding London median daily rate | £500 | £525 | £500 |
| % change year-on-year | -4.76% | +5.00% | +11.11% |
| Number of hourly rates quoted | 259 | 104 | 147 |
| 10th Percentile | £12.75 | £17.60 | £13.89 |
| 25th Percentile | £15.08 | £21.25 | £21.38 |
| Median hourly rate | £27.00 | £26.85 | £36.00 |
| Median % change year-on-year | +0.58% | -25.43% | +67.83% |
| 75th Percentile | £38.12 | £50.94 | £49.25 |
| 90th Percentile | £58.00 | £70.00 | £53.85 |
| UK excluding London median hourly rate | £28.00 | £48.25 | £32.50 |
| % change year-on-year | -41.97% | +48.46% | +89.86% |
All General Skills
UK
Finance is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.
| Contract vacancies with a requirement for common skills | 24,753 | 32,807 | 49,724 |
| As % of all contract IT jobs advertised in the UK | 57.49% | 58.53% | 56.77% |
| Number of daily rates quoted | 15,550 | 22,755 | 34,565 |
| 10th Percentile | £275 | £313 | £325 |
| 25th Percentile | £413 | £438 | £430 |
| Median daily rate (50th Percentile) | £525 | £550 | £540 |
| Median % change year-on-year | -4.55% | +1.85% | +8.00% |
| 75th Percentile | £650 | £675 | £650 |
| 90th Percentile | £763 | £775 | £750 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +8.45% |
| Number of hourly rates quoted | 1,984 | 981 | 1,390 |
| 10th Percentile | £12.78 | £13.41 | £12.50 |
| 25th Percentile | £15.50 | £17.50 | £15.00 |
| Median hourly rate | £30.00 | £32.30 | £22.50 |
| Median % change year-on-year | -7.12% | +43.56% | +4.65% |
| 75th Percentile | £52.50 | £61.25 | £47.36 |
| 90th Percentile | £67.38 | £72.50 | £60.00 |
| UK excluding London median hourly rate | £28.42 | £27.84 | £19.50 |
| % change year-on-year | +2.08% | +42.77% | +2.63% |
Finance
Job Vacancy Trend
Job postings citing Finance as a proportion of all IT jobs advertised.
Finance
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Finance.
Finance
Daily Rate Histogram
Daily rate distribution for jobs citing Finance over the 6 months to 1 June 2024.
Finance
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Finance.
Finance
Hourly Rate Histogram
Hourly rate distribution of jobs citing Finance over the 6 months to 1 June 2024.
Finance
Top 18 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Finance 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 |
|---|---|---|---|---|---|
| England | -1 | 7,057 | £592 | -1.38% | 6,448 |
| London | 0 | 4,673 | £601 | -4.30% | 3,118 |
| Work from Home | +1 | 3,272 | £600 | - | 3,040 |
| UK excluding London | +1 | 2,600 | £500 | -4.76% | 3,567 |
| South East | -4 | 667 | £500 | -4.76% | 861 |
| North of England | +2 | 633 | £500 | -8.26% | 962 |
| Midlands | +4 | 383 | £550 | +10.00% | 591 |
| North West | +4 | 366 | £490 | -5.77% | 585 |
| Scotland | 0 | 361 | £475 | -5.00% | 304 |
| South West | 0 | 331 | £550 | -4.35% | 467 |
| West Midlands | +3 | 264 | £550 | +4.76% | 366 |
| Yorkshire | -2 | 243 | £500 | -9.09% | 266 |
| East of England | +1 | 193 | £500 | -3.85% | 287 |
| East Midlands | +7 | 110 | £550 | +15.79% | 225 |
| Northern Ireland | 0 | 28 | £443 | -6.84% | 71 |
| North East | +5 | 19 | £500 | -16.67% | 123 |
| Wales | -7 | 18 | £550 | +4.76% | 109 |
| Isle of Man | 0 | 7 | £388 | +96.20% | 5 |
Finance
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:
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