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 10 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
10 May 2024
Same period 2023 Same period 2022
Rank 42 41 36
Rank change year-on-year -1 -5 +18
Contract jobs requiring a Business Analyst 1,853 3,001 5,281
As % of all contract jobs advertised in the UK 4.31% 5.18% 6.05%
As % of the Job Titles category 4.65% 5.48% 6.34%
Number of daily rates quoted 1,291 2,192 3,926
10th Percentile £375 £400 £375
25th Percentile £439 £445 £420
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% +9.89%
75th Percentile £625 £600 £588
90th Percentile £725 £700 £656
UK excluding London median daily rate £450 £475 £450
% change year-on-year -5.26% +5.56% +5.88%
Number of hourly rates quoted 8 14 13
10th Percentile - £20.78 £18.60
25th Percentile £20.77 £29.74 £22.40
Median hourly rate £25.25 £60.25 £26.27
Median % change year-on-year -58.09% +129.35% -27.61%
75th Percentile £50.00 £64.69 £43.50
90th Percentile £57.50 £68.50 £53.60
UK excluding London median hourly rate £20.77 £63.75 £22.40
% change year-on-year -67.42% +184.60% -4.31%

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 39,888 54,783 83,316
% of contract IT jobs with a recognized job title 92.76% 94.63% 95.43%
Number of daily rates quoted 25,953 38,247 58,493
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
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 2,674 1,534 2,048
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.75
Median hourly rate £37.34 £45.00 £23.91
Median % change year-on-year -17.02% +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 10 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 10 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 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 -4 1,586 £550 +4.76% 339
London +2 1,086 £575 +4.55% 177
Work from Home +4 782 £550 +10.00% 149
UK excluding London -23 571 £450 -5.26% 165
North of England -7 191 £475 -4.52% 53
South East -30 116 £475 - 34
North West -8 101 £475 +0.53% 23
Scotland +5 99 £450 +4.65% 5
Yorkshire -9 78 £475 -5.00% 27
Midlands -34 76 £450 -5.26% 37
East of England -2 48 £425 -12.82% 14
West Midlands -41 48 £450 -5.26% 25
South West -44 33 £495 -4.58% 13
East Midlands +17 26 £425 -10.53% 12
North East +13 11 £475 -5.00% 3
Wales +3 7 £420 -11.58% 2
Northern Ireland -4 4 £368 -10.91% 10

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

For the 6 months to 10 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.

1 563 (30.38%) Finance
2 506 (27.31%) Agile
3 499 (26.93%) Social Skills
4 442 (23.85%) Business Analysis
5 319 (17.22%) Requirements Gathering
6 306 (16.51%) Stakeholder Management
7 283 (15.27%) User Stories
8 256 (13.82%) Banking
9 244 (13.17%) Analytical Skills
10 213 (11.49%) Degree
11 200 (10.79%) Problem-Solving
12 196 (10.58%) SQL
13 167 (9.01%) Project Management
14 161 (8.69%) User Acceptance Testing
14 161 (8.69%) Workshop Facilitation
15 148 (7.99%) Migration
16 146 (7.88%) Public Sector
17 145 (7.83%) Data Analysis
18 144 (7.77%) Product Ownership
19 133 (7.18%) GAP Analysis
19 133 (7.18%) Acceptance Criteria
20 132 (7.12%) Scrum
21 131 (7.07%) Change Management
22 119 (6.42%) JIRA
23 113 (6.10%) Microsoft
24 110 (5.94%) ERP
25 108 (5.83%) Azure
26 106 (5.72%) SAP
26 106 (5.72%) Use Case
26 106 (5.72%) Security Cleared

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 70 (3.78%) Confluence
2 37 (2.00%) SharePoint
3 10 (0.54%) MTS
4 6 (0.32%) Adobe Experience Manager
5 5 (0.27%) CMS
6 4 (0.22%) Microsoft Exchange
7 3 (0.16%) Apache
7 3 (0.16%) ArcGIS
7 3 (0.16%) SAS
8 2 (0.11%) Apache Spark
9 1 (0.054%) Apache Airflow
9 1 (0.054%) LiveLink
9 1 (0.054%) SharePoint 2013
Applications
1 81 (4.37%) Microsoft Excel
1 81 (4.37%) MS Visio
2 51 (2.75%) Microsoft PowerPoint
3 44 (2.37%) Microsoft Office
4 9 (0.49%) Spreadsheet
5 7 (0.38%) Microsoft Project
6 4 (0.22%) Chatbot
7 3 (0.16%) Trello
8 1 (0.054%) InVision
8 1 (0.054%) Sketch
8 1 (0.054%) SPSS
Business Applications
1 50 (2.70%) Endur
2 25 (1.35%) Loan IQ
3 21 (1.13%) Aligne
4 19 (1.03%) SAP S/4HANA
5 18 (0.97%) Dynamics CRM
6 15 (0.81%) Aladdin
7 10 (0.54%) EuroRunner
8 9 (0.49%) ION MarketView
9 7 (0.38%) NetSuite
9 7 (0.38%) SAP PM
10 5 (0.27%) Oracle Financials
10 5 (0.27%) SAP Hybris
11 4 (0.22%) Salesforce CRM
11 4 (0.22%) SAP MDG
11 4 (0.22%) Shopify
12 3 (0.16%) Magento
12 3 (0.16%) Maximo
12 3 (0.16%) Oracle Procure-to-Pay
12 3 (0.16%) SAP ERP
13 2 (0.11%) Remedy ITSM
Cloud Services
1 108 (5.83%) Azure
2 87 (4.70%) Power Platform
3 67 (3.62%) AWS
4 39 (2.10%) SaaS
5 31 (1.67%) Azure DevOps
6 26 (1.40%) Dynamics 365
7 15 (0.81%) Microsoft 365
8 13 (0.70%) SuccessFactors
9 9 (0.49%) Miro
10 8 (0.43%) Cloud Computing
10 8 (0.43%) Collibra
10 8 (0.43%) SAP Commerce Cloud
11 7 (0.38%) Lucidchart
12 6 (0.32%) OCI
12 6 (0.32%) PaaS
12 6 (0.32%) Salesforce Commerce Cloud
13 5 (0.27%) Adobe Analytics
13 5 (0.27%) Entra ID
13 5 (0.27%) Google Analytics
14 4 (0.22%) IBM Blueworks
Communications & Networking
1 14 (0.76%) FIX Connectivity
2 6 (0.32%) Radio Access Network
3 4 (0.22%) WAN
4 3 (0.16%) Internet
4 3 (0.16%) Intranet
4 3 (0.16%) NAS
4 3 (0.16%) SD-WAN
5 2 (0.11%) 4G
5 2 (0.11%) 5G
5 2 (0.11%) Firewall
5 2 (0.11%) WinSCP
6 1 (0.054%) Ethernet
6 1 (0.054%) Intrusion Detection
6 1 (0.054%) LTE
6 1 (0.054%) MPLS
6 1 (0.054%) Network Security
6 1 (0.054%) Reverse Proxy
6 1 (0.054%) Wireless
Database & Business Intelligence
1 82 (4.43%) Power BI
2 34 (1.83%) Data Warehouse
3 19 (1.03%) Tableau
4 15 (0.81%) Relational Database
5 9 (0.49%) Data Lake
5 9 (0.49%) Metadata
5 9 (0.49%) NoSQL
5 9 (0.49%) SQL Server Integration Services
6 8 (0.43%) Big Data
6 8 (0.43%) Geospatial Data
6 8 (0.43%) SAP HANA
6 8 (0.43%) SQL Server
7 5 (0.27%) BusinessObjects Business Intelligence
7 5 (0.27%) Electronic Patient Records
8 4 (0.22%) Data Mart
8 4 (0.22%) PostgreSQL
8 4 (0.22%) SQL Server Analysis Services
8 4 (0.22%) SQL Server Reporting Services
9 3 (0.16%) GIS
9 3 (0.16%) RDBMS
Development Applications
1 119 (6.42%) JIRA
2 15 (0.81%) Eclipse
3 11 (0.59%) TeamCity
4 10 (0.54%) Postman
4 10 (0.54%) SoapUI
5 7 (0.38%) PyCharm
6 2 (0.11%) Balsamiq
7 1 (0.054%) Rational Software Modeler
7 1 (0.054%) Visual Studio Team System
General
1 563 (30.38%) Finance
2 499 (26.93%) Social Skills
3 256 (13.82%) Banking
4 244 (13.17%) Analytical Skills
5 146 (7.88%) Public Sector
6 103 (5.56%) Front Office
7 92 (4.96%) Inclusion and Diversity
8 76 (4.10%) Investment Banking
9 70 (3.78%) Manufacturing
10 69 (3.72%) Presentation Skills
11 58 (3.13%) Retail
12 50 (2.70%) Back Office
13 43 (2.32%) Marketing
14 37 (2.00%) Influencing Skills
14 37 (2.00%) Pharmaceutical
15 29 (1.57%) Legal
16 27 (1.46%) Telecoms
17 23 (1.24%) Local Government
18 20 (1.08%) Organisational Skills
19 19 (1.03%) Documentation Skills
Libraries, Frameworks & Software Standards
1 23 (1.24%) XML
2 21 (1.13%) FIX Protocol
3 13 (0.70%) JSON
4 11 (0.59%) Web Services
5 9 (0.49%) SOAP
6 8 (0.43%) .NET
7 7 (0.38%) Oracle Fusion
7 7 (0.38%) SAP PI
8 6 (0.32%) SailPoint
9 5 (0.27%) Apache Camel
10 4 (0.22%) ADO
10 4 (0.22%) OAuth
10 4 (0.22%) VML
11 3 (0.16%) HTML
12 2 (0.11%) Middleware
12 2 (0.11%) OAuth2
12 2 (0.11%) OpenID
13 1 (0.054%) AngularJS
13 1 (0.054%) Kafka
13 1 (0.054%) REST
Miscellaneous
1 144 (7.77%) Product Ownership
2 67 (3.62%) Derivative
3 58 (3.13%) Fixed Income
4 57 (3.08%) Foreign Exchange (FX)
5 51 (2.75%) Equities
6 36 (1.94%) Hedge funds
6 36 (1.94%) Onboarding
7 32 (1.73%) Management Information System
8 31 (1.67%) SWIFT Messaging Network
9 26 (1.40%) Data Protection Act
10 25 (1.35%) Renewable Energy
11 24 (1.30%) Reinsurance
12 22 (1.19%) Mobile App
13 19 (1.03%) Market Risk
14 18 (0.97%) Self-Motivation
15 16 (0.86%) IoT
16 15 (0.81%) Greenfield Project
17 14 (0.76%) Learning Management System
17 14 (0.76%) Solar Panel
18 12 (0.65%) Analytical Mindset
Operating Systems
1 23 (1.24%) Windows
2 17 (0.92%) Unix
3 7 (0.38%) Linux
4 5 (0.27%) Apple iOS
5 4 (0.22%) Windows 10
5 4 (0.22%) Windows Server
6 3 (0.16%) Mac OS
6 3 (0.16%) VMS
7 2 (0.11%) Windows 7
7 2 (0.11%) Windows Server 2008
7 2 (0.11%) Windows Server 2012
8 1 (0.054%) Android
Processes & Methodologies
1 506 (27.31%) Agile
2 442 (23.85%) Business Analysis
3 319 (17.22%) Requirements Gathering
4 306 (16.51%) Stakeholder Management
5 283 (15.27%) User Stories
6 200 (10.79%) Problem-Solving
7 167 (9.01%) Project Management
8 161 (8.69%) User Acceptance Testing
8 161 (8.69%) Workshop Facilitation
9 148 (7.99%) Migration
10 145 (7.83%) Data Analysis
11 133 (7.18%) Acceptance Criteria
11 133 (7.18%) GAP Analysis
12 132 (7.12%) Scrum
13 131 (7.07%) Change Management
14 110 (5.94%) ERP
15 106 (5.72%) Use Case
16 105 (5.67%) Business Intelligence
17 101 (5.45%) Process Improvement
18 95 (5.13%) Asset Management
Programming Languages
1 196 (10.58%) SQL
2 51 (2.75%) Python
3 26 (1.40%) Java
4 16 (0.86%) JavaScript
5 7 (0.38%) Groovy
6 6 (0.32%) C#
7 5 (0.27%) PL/SQL
7 5 (0.27%) VBA
7 5 (0.27%) XPath
7 5 (0.27%) XQuery
8 3 (0.16%) R
9 1 (0.054%) JCL
9 1 (0.054%) Shell Script
Qualifications
1 213 (11.49%) Degree
2 106 (5.72%) Security Cleared
3 84 (4.53%) SC Cleared
4 30 (1.62%) BPSS Clearance
5 23 (1.24%) CBAP
6 20 (1.08%) IIBA
7 13 (0.70%) DV Cleared
8 11 (0.59%) ISEB
9 9 (0.49%) ACCA
9 9 (0.49%) CIMA
9 9 (0.49%) Master's Degree
10 7 (0.38%) CSPO
10 7 (0.38%) Numerate Degree
11 6 (0.32%) Computer Science Degree
11 6 (0.32%) PMI Certification
12 5 (0.27%) ITIL Certification
12 5 (0.27%) Microsoft Certification
13 3 (0.16%) HNC
13 3 (0.16%) MBA
14 2 (0.11%) MCSA
Quality Assurance & Compliance
1 91 (4.91%) QA
2 50 (2.70%) Data Quality
3 37 (2.00%) GDPR
4 36 (1.94%) EMIR
5 35 (1.89%) MiFID
6 22 (1.19%) GxP
7 20 (1.08%) SEPA
8 19 (1.03%) Good Clinical Practice
9 16 (0.86%) PMO
10 14 (0.76%) Dodd-Frank
11 13 (0.70%) PCI DSS
12 9 (0.49%) ISO 20022
13 6 (0.32%) Actionable Recommendations
13 6 (0.32%) ISO/IEC 27001
14 5 (0.27%) Accessibility
15 4 (0.22%) Basel III
15 4 (0.22%) Disclosure Scotland
15 4 (0.22%) NIST
15 4 (0.22%) SLA
16 3 (0.16%) PSD2
System Software
1 10 (0.54%) Active Directory
2 3 (0.16%) Virtual Servers
3 2 (0.11%) Docker
3 2 (0.11%) HDFS
4 1 (0.054%) Hyper-V
4 1 (0.054%) VMware Infrastructure
4 1 (0.054%) VMware NSX
4 1 (0.054%) vSphere
Systems Management
1 4 (0.22%) ZABBIX
2 2 (0.11%) Kubernetes
2 2 (0.11%) Single Sign-On
3 1 (0.054%) Microsoft Intune
3 1 (0.054%) SCCM
Vendors
1 113 (6.10%) Microsoft
2 106 (5.72%) SAP
3 56 (3.02%) Oracle
4 46 (2.48%) Salesforce
5 42 (2.27%) Bloomberg
6 36 (1.94%) ServiceNow
7 22 (1.19%) OpenLink
8 16 (0.86%) ION Trading
9 14 (0.76%) Adobe
10 13 (0.70%) MarketAxess
10 13 (0.70%) Tradeweb
10 13 (0.70%) Workday
11 12 (0.65%) BISAM
12 11 (0.59%) Guidewire
12 11 (0.59%) Murex
13 9 (0.49%) Cadence
13 9 (0.49%) Refinitiv
14 8 (0.43%) Ariba
15 7 (0.38%) Calypso
15 7 (0.38%) Pega