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 10 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 10 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 2 | 2 | 2 |
| Rank change year-on-year | 0 | 0 | +1 |
| Contract jobs citing Finance | 8,134 | 12,413 | 17,796 |
| As % of all contract jobs advertised in the UK | 18.92% | 21.44% | 20.38% |
| As % of the General category | 32.59% | 36.63% | 36.23% |
| Number of daily rates quoted | 5,428 | 8,829 | 12,660 |
| 10th Percentile | £350 | £400 | £380 |
| 25th Percentile | £463 | £494 | £466 |
| Median daily rate (50th Percentile) | £576 | £600 | £575 |
| Median % change year-on-year | -4.04% | +4.35% | +9.52% |
| 75th Percentile | £713 | £725 | £675 |
| 90th Percentile | £825 | £825 | £769 |
| UK excluding London median daily rate | £513 | £525 | £500 |
| % change year-on-year | -2.38% | +5.00% | +11.11% |
| Number of hourly rates quoted | 246 | 104 | 146 |
| 10th Percentile | £12.75 | £18.50 | £13.00 |
| 25th Percentile | £15.17 | £21.24 | £20.56 |
| Median hourly rate | £26.97 | £25.71 | £35.00 |
| Median % change year-on-year | +4.90% | -26.54% | +55.56% |
| 75th Percentile | £38.12 | £49.00 | £49.25 |
| 90th Percentile | £55.46 | £69.63 | £56.88 |
| UK excluding London median hourly rate | £32.12 | £43.75 | £21.50 |
| % change year-on-year | -26.59% | +103.49% | +20.11% |
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 | 24,955 | 33,889 | 49,124 |
| As % of all contract IT jobs advertised in the UK | 58.03% | 58.54% | 56.27% |
| Number of daily rates quoted | 15,747 | 23,499 | 34,070 |
| 10th Percentile | £275 | £313 | £320 |
| 25th Percentile | £413 | £440 | £425 |
| Median daily rate (50th Percentile) | £525 | £550 | £538 |
| Median % change year-on-year | -4.55% | +2.33% | +7.50% |
| 75th Percentile | £650 | £675 | £650 |
| 90th Percentile | £775 | £775 | £750 |
| UK excluding London median daily rate | £500 | £500 | £475 |
| % change year-on-year | - | +5.26% | +10.47% |
| Number of hourly rates quoted | 1,935 | 1,038 | 1,413 |
| 10th Percentile | £12.76 | £13.41 | £12.50 |
| 25th Percentile | £15.50 | £17.75 | £15.00 |
| Median hourly rate | £30.16 | £33.91 | £22.00 |
| Median % change year-on-year | -11.06% | +54.14% | -2.22% |
| 75th Percentile | £52.89 | £61.25 | £47.40 |
| 90th Percentile | £65.55 | £72.50 | £60.00 |
| UK excluding London median hourly rate | £28.50 | £29.00 | £18.82 |
| % change year-on-year | -1.72% | +54.07% | -5.50% |
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 10 May 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 10 May 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 10 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 | 0 | 7,106 | £592 | -1.38% | 5,725 |
| London | 0 | 4,719 | £613 | -2.00% | 2,751 |
| Work from Home | +1 | 3,333 | £600 | - | 2,543 |
| UK excluding London | +1 | 2,590 | £513 | -2.38% | 3,203 |
| South East | -4 | 646 | £507 | -3.43% | 756 |
| North of England | +1 | 620 | £500 | -4.76% | 845 |
| Scotland | 0 | 374 | £475 | -5.00% | 257 |
| Midlands | +4 | 373 | £550 | +10.00% | 551 |
| North West | +2 | 359 | £500 | - | 508 |
| South West | +3 | 333 | £570 | +3.64% | 417 |
| West Midlands | +3 | 264 | £548 | +6.57% | 350 |
| Yorkshire | -2 | 237 | £500 | -9.09% | 252 |
| East of England | +4 | 207 | £525 | +0.48% | 295 |
| East Midlands | +7 | 101 | £550 | +20.88% | 200 |
| Northern Ireland | -1 | 31 | £450 | - | 64 |
| Wales | -6 | 20 | £550 | +4.76% | 99 |
| North East | +6 | 19 | £500 | -16.67% | 90 |
| Isle of Man | 0 | 7 | £388 | +14.39% | 7 |
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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