Markets in Financial Instruments Directive (MiFID)
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 MiFID skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MiFID over the 6 months to 2 June 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 2 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 318 | 443 | 571 |
| Rank change year-on-year | +125 | +128 | -76 |
| Contract jobs citing MiFID | 31 | 16 | 55 |
| As % of all contract jobs with a WFH option | 0.21% | 0.066% | 0.12% |
| As % of the Quality Assurance & Compliance category | 1.51% | 0.53% | 0.95% |
| Number of daily rates quoted | 29 | 14 | 52 |
| 10th Percentile | - | £500 | £449 |
| 25th Percentile | £400 | £516 | £550 |
| Median daily rate (50th Percentile) | £625 | £663 | £650 |
| Median % change year-on-year | -5.66% | +1.92% | +6.56% |
| 75th Percentile | £750 | £775 | £725 |
| 90th Percentile | £802 | £810 | £750 |
| UK median daily rate | £675 | £725 | £650 |
| % change year-on-year | -6.90% | +11.54% | +8.33% |
All Quality Assurance and Compliance Skills
Work from Home
MiFID is in the Quality Assurance and Compliance 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 quality assurance or compliance skills.
| Contract vacancies with a requirement for quality assurance or compliance skills | 2,056 | 3,000 | 5,816 |
| As % of all contract jobs with a WFH option | 14.04% | 12.38% | 13.15% |
| Number of daily rates quoted | 1,432 | 2,176 | 4,152 |
| 10th Percentile | £300 | £325 | £313 |
| 25th Percentile | £413 | £419 | £411 |
| Median daily rate (50th Percentile) | £510 | £520 | £510 |
| Median % change year-on-year | -2.02% | +1.96% | +7.37% |
| 75th Percentile | £619 | £632 | £613 |
| 90th Percentile | £750 | £743 | £700 |
| UK median daily rate | £510 | £525 | £520 |
| % change year-on-year | -2.86% | +0.96% | +9.47% |
| Number of hourly rates quoted | 77 | 68 | 129 |
| 10th Percentile | £12.75 | £17.50 | £11.97 |
| 25th Percentile | £14.00 | £20.97 | £19.50 |
| Median hourly rate | £24.00 | £39.60 | £44.50 |
| Median % change year-on-year | -39.39% | -11.01% | +134.21% |
| 75th Percentile | £48.75 | £59.46 | £56.00 |
| 90th Percentile | £66.00 | £70.75 | £75.00 |
| UK median hourly rate | £22.34 | £37.50 | £27.73 |
| % change year-on-year | -40.43% | +35.23% | +32.05% |
MiFID
Trend for Jobs with a WFH Option
Job vacancies with a work from home option citing MiFID as a proportion of all IT jobs advertised.
MiFID
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 MiFID.
MiFID
Daily Rate Histogram for Jobs with a WFH Option
Daily rate distribution for jobs with a work from home option citing MiFID over the 6 months to 2 June 2024.
MiFID
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: