Fault Management Contracts

Fault Management
UK

The table below provides summary statistics for contract job vacancies requiring Fault Management skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Fault Management over the 6 months leading up to 13 June 2024, comparing them to the same period in the previous two years.

6 months to
13 Jun 2024
Same period 2023 Same period 2022
Rank 572 662 830
Rank change year-on-year +90 +168 -116
Contract jobs citing Fault Management 12 35 18
As % of all contract jobs advertised in the UK 0.027% 0.063% 0.021%
As % of the Processes & Methodologies category 0.032% 0.070% 0.023%
Number of daily rates quoted 8 17 11
10th Percentile £465 £465 £313
25th Percentile £475 £475 £359
Median daily rate (50th Percentile) £497 £525 £450
Median % change year-on-year -5.43% +16.67% +38.46%
75th Percentile £525 £550 £556
90th Percentile - £554 £588
UK excluding London median daily rate £493 £500 £500
% change year-on-year -1.40% - +53.85%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £25.25
Median hourly rate - - £25.50
75th Percentile - - £25.75
90th Percentile - - -
UK excluding London median hourly rate - - £25.50

All Process and Methodology Skills
UK

Fault Management falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Fault Management
Job Vacancy Trend

Job postings citing Fault Management as a proportion of all IT jobs advertised.

Job vacancy trend for Fault Management in the UK

Fault Management
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Fault Management.

Daily rate trend for Fault Management in the UK

Fault Management
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Fault Management.

Hourly rate trend for Fault Management in the UK

Fault Management
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Fault Management within the UK over the 6 months to 13 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 +64 11 £500 -4.76% 11
UK excluding London +20 7 £493 -1.40% 8
North of England - 7 £493 - 2
North West - 7 £493 -
London +69 4 £500 -4.76% 3
Work from Home +103 3 £490 -4.39%

Fault Management
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:

Communications & Networking
1 4 (33.33%) DWDM
1 4 (33.33%) IP Telephony
1 4 (33.33%) VoIP
1 4 (33.33%) WAN
General
1 8 (66.67%) Finance
2 4 (33.33%) Telecoms
3 1 (8.33%) Public Sector
Job Titles
1 8 (66.67%) Delivery Manager
1 8 (66.67%) Service Delivery Manager
1 8 (66.67%) Service Manager
2 4 (33.33%) Cisco Engineer
2 4 (33.33%) Cisco Network Engineer
2 4 (33.33%) Network Engineer
Processes & Methodologies
1 8 (66.67%) Service Delivery
2 4 (33.33%) Change Management
2 4 (33.33%) Customer Experience
2 4 (33.33%) Customer Service
2 4 (33.33%) Incident Management
2 4 (33.33%) ITIL
2 4 (33.33%) ITSM
2 4 (33.33%) Statistics
Qualifications
1 8 (66.67%) SC Cleared
1 8 (66.67%) Security Cleared
2 4 (33.33%) CCNA
2 4 (33.33%) Cisco Certification
Quality Assurance & Compliance
1 12 (100.00%) SLA
Vendors
1 4 (33.33%) Avaya
1 4 (33.33%) Cisco