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 20 May 2024 with a comparison to the same period over the previous 2 years.
| 6 months to 20 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 2 | 2 | 2 |
| Rank change year-on-year | 0 | 0 | +1 |
| Contract jobs citing Finance | 8,068 | 12,301 | 18,149 |
| As % of all contract jobs advertised in the UK | 18.97% | 21.48% | 20.55% |
| As % of the General category | 32.69% | 36.70% | 36.34% |
| Number of daily rates quoted | 5,395 | 8,751 | 12,863 |
| 10th Percentile | £356 | £400 | £381 |
| 25th Percentile | £463 | £496 | £468 |
| Median daily rate (50th Percentile) | £582 | £600 | £575 |
| Median % change year-on-year | -3.00% | +4.35% | +9.52% |
| 75th Percentile | £713 | £725 | £675 |
| 90th Percentile | £825 | £825 | £775 |
| UK excluding London median daily rate | £510 | £525 | £500 |
| % change year-on-year | -2.86% | +5.00% | +11.11% |
| Number of hourly rates quoted | 250 | 108 | 149 |
| 10th Percentile | £12.75 | £18.50 | £13.15 |
| 25th Percentile | £15.04 | £21.24 | £20.75 |
| Median hourly rate | £26.97 | £26.85 | £35.00 |
| Median % change year-on-year | +0.47% | -23.30% | +59.09% |
| 75th Percentile | £38.12 | £50.94 | £49.25 |
| 90th Percentile | £56.25 | £70.75 | £53.15 |
| UK excluding London median hourly rate | £30.00 | £47.50 | £23.39 |
| % change year-on-year | -36.84% | +103.08% | +33.66% |
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 | 24,681 | 33,520 | 49,936 |
| As % of all contract IT jobs advertised in the UK | 58.02% | 58.54% | 56.54% |
| Number of daily rates quoted | 15,587 | 23,230 | 34,613 |
| 10th Percentile | £275 | £313 | £320 |
| 25th Percentile | £413 | £443 | £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 | £495 | £500 | £475 |
| % change year-on-year | -1.00% | +5.26% | +8.57% |
| Number of hourly rates quoted | 1,924 | 1,020 | 1,422 |
| 10th Percentile | £12.75 | £13.41 | £12.50 |
| 25th Percentile | £15.50 | £17.72 | £15.00 |
| Median hourly rate | £30.00 | £32.50 | £22.50 |
| Median % change year-on-year | -7.69% | +44.44% | - |
| 75th Percentile | £52.78 | £61.25 | £47.40 |
| 90th Percentile | £66.59 | £72.50 | £59.00 |
| UK excluding London median hourly rate | £28.25 | £29.00 | £19.00 |
| % change year-on-year | -2.59% | +52.63% | -3.52% |
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 20 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 20 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 20 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 | -1 | 7,057 | £596 | -0.67% | 6,886 |
| London | 0 | 4,703 | £613 | -2.39% | 3,560 |
| Work from Home | +1 | 3,286 | £600 | - | 3,127 |
| UK excluding London | +1 | 2,559 | £510 | -2.86% | 4,031 |
| South East | -4 | 632 | £500 | -4.76% | 1,272 |
| North of England | +1 | 610 | £500 | -4.76% | 948 |
| Midlands | +4 | 379 | £538 | +7.50% | 613 |
| Scotland | 0 | 372 | £489 | -2.25% | 297 |
| North West | +3 | 351 | £493 | -1.40% | 542 |
| South West | +1 | 325 | £560 | -2.61% | 459 |
| West Midlands | +3 | 267 | £545 | +9.00% | 391 |
| Yorkshire | -2 | 236 | £500 | -9.09% | 282 |
| East of England | +4 | 208 | £525 | +0.96% | 319 |
| East Midlands | +9 | 103 | £528 | +11.05% | 222 |
| Northern Ireland | -1 | 31 | £450 | - | 79 |
| North East | +3 | 18 | £500 | -16.67% | 131 |
| Wales | -8 | 17 | £550 | +4.76% | 124 |
| Isle of Man | 0 | 7 | £388 | +96.20% | 6 |
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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