Functional Analyst
UK
The median Functional Analyst daily rate in the UK is £500 according to job vacancies posted during the 6 months to 2 June 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 2 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 538 | 644 | 812 |
| Rank change year-on-year | +106 | +168 | -141 |
| Contract jobs requiring a Functional Analyst | 41 | 40 | 29 |
| As % of all contract jobs advertised in the UK | 0.095% | 0.071% | 0.033% |
| As % of the Job Titles category | 0.10% | 0.075% | 0.035% |
| Number of daily rates quoted | 27 | 29 | 15 |
| 10th Percentile | £408 | £374 | £433 |
| 25th Percentile | £426 | £413 | £466 |
| Median daily rate (50th Percentile) | £500 | £525 | £500 |
| Median % change year-on-year | -4.76% | +5.00% | +5.15% |
| 75th Percentile | £575 | £600 | £563 |
| 90th Percentile | £643 | £825 | £600 |
| UK excluding London median daily rate | £500 | £500 | £520 |
| % change year-on-year | - | -3.85% | +22.35% |
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 | 40,001 | 53,325 | 83,708 |
| % of contract IT jobs with a recognized job title | 92.83% | 94.58% | 95.35% |
| Number of daily rates quoted | 25,880 | 37,256 | 59,003 |
| 10th Percentile | £280 | £313 | £315 |
| 25th Percentile | £409 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +7.69% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £488 | £500 | £475 |
| % change year-on-year | -2.50% | +5.26% | +9.45% |
| Number of hourly rates quoted | 2,851 | 1,473 | 1,957 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.90 |
| Median hourly rate | £37.50 | £45.00 | £25.00 |
| Median % change year-on-year | -16.67% | +80.00% | +14.34% |
| 75th Percentile | £61.60 | £65.75 | £49.41 |
| 90th Percentile | £73.75 | £76.45 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £20.00 |
| % change year-on-year | -5.88% | +112.50% | +5.26% |
Functional Analyst
Job Vacancy Trend
Job postings that featured Functional Analyst in the job title as a proportion of all IT jobs advertised.
Functional Analyst
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Functional Analyst.
Functional Analyst
Daily Rate Histogram
Daily rate distribution for jobs citing Functional Analyst over the 6 months to 2 June 2024.
Functional Analyst
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Functional Analyst.
Functional Analyst
Top 11 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Analyst within the UK over the 6 months to 2 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 | +87 | 24 | £520 | -2.35% | 5 |
| UK excluding London | +47 | 20 | £500 | - | 2 |
| Work from Home | +108 | 14 | £475 | - | 1 |
| London | +96 | 12 | £520 | -30.67% | 2 |
| Scotland | +43 | 6 | £500 | +17.65% | |
| Northern Ireland | - | 5 | - | - | |
| North of England | +27 | 4 | £460 | -8.00% | |
| South East | +6 | 4 | £625 | +16.28% | |
| North West | +17 | 2 | £500 | -9.09% | |
| North East | +12 | 2 | £408 | +1.88% | |
| South West | +10 | 1 | £450 | -14.29% | 2 |
Functional Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 2 June 2024, Functional 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 Functional Analyst in the job title.
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Functional 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:
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