Payments Analyst Contracts

Payments Analyst
UK

The median Payments Analyst daily rate in the UK is £650, according to job vacancies posted in the 6 months leading up to 13 June 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
13 Jun 2024
Same period 2023 Same period 2022
Rank 554 679 791
Rank change year-on-year +125 +112 -88
Contract jobs requiring a Payments Analyst 30 18 57
As % of all contract jobs advertised in the UK 0.069% 0.032% 0.065%
As % of the Job Titles category 0.074% 0.034% 0.069%
Number of daily rates quoted 24 15 39
10th Percentile £466 £428 £397
25th Percentile £496 £475 £488
Median daily rate (50th Percentile) £650 £550 £550
Median % change year-on-year +18.18% - +4.76%
75th Percentile £700 £675 £650
90th Percentile - £713 £678
UK excluding London median daily rate £415 £525 £450
% change year-on-year -20.95% +16.67% -2.70%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £12.59
Median hourly rate - - £13.18
75th Percentile - - £13.76
90th Percentile - - -
UK excluding London median hourly rate - - £13.18

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 40,557 52,491 83,111
% of contract IT jobs with a recognized job title 92.86% 94.51% 95.34%
Number of daily rates quoted 26,070 36,644 58,616
10th Percentile £280 £313 £318
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.42% +2.48% +6.06%
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% +8.57%
Number of hourly rates quoted 2,936 1,486 1,938
10th Percentile £12.86 £14.25 £12.75
25th Percentile £16.30 £19.42 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +16.28%
75th Percentile £61.81 £65.75 £50.00
90th Percentile £73.75 £77.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +7.82%

Payments Analyst
Job Vacancy Trend

Job postings that featured Payments Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Payments Analyst in the UK

Payments Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Payments Analyst.

Daily rate trend for Payments Analyst in the UK

Payments Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Payments Analyst over the 6 months to 13 June 2024.

Daily rate histogram for Payments Analyst in the UK

Payments Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Payments Analyst.

Hourly rate trend for Payments Analyst in the UK

Payments Analyst
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payments Analyst 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 +93 22 £700 +24.44% 5
Work from Home +128 19 £650 +44.44% 2
London +90 19 £700 +11.20% 3
UK excluding London +26 3 £415 -20.95% 1
Scotland +48 1 £490 -
South West +2 1 - -
South East - 1 £340 -

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

For the 6 months to 13 June 2024, Payments 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 Payments Analyst in the job title.

1 23 (76.67%) Finance
2 18 (60.00%) SWIFT Messaging Network
3 17 (56.67%) Banking
4 16 (53.33%) SEPA
5 12 (40.00%) Social Skills
6 9 (30.00%) Agile
7 7 (23.33%) Business Analysis
8 6 (20.00%) User Stories
8 6 (20.00%) Product Ownership
9 5 (16.67%) Analytical Skills
9 5 (16.67%) Scrum
9 5 (16.67%) Foreign Exchange (FX)
10 4 (13.33%) Bloomberg
10 4 (13.33%) Stakeholder Management
10 4 (13.33%) Data Mapping
10 4 (13.33%) MiFID
10 4 (13.33%) EMIR
10 4 (13.33%) Regulatory Compliance
10 4 (13.33%) Epics
11 3 (10.00%) Problem-Solving
11 3 (10.00%) Data-Driven Decision Making
11 3 (10.00%) Acceptance Criteria
11 3 (10.00%) Waterfall
11 3 (10.00%) Documentation Skills
11 3 (10.00%) Requirements Gathering
11 3 (10.00%) PCI DSS
11 3 (10.00%) Use Case
11 3 (10.00%) User Acceptance Testing
11 3 (10.00%) Azure
12 2 (6.67%) Kanban

Payments 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 1 (3.33%) Confluence
Applications
1 2 (6.67%) Microsoft Excel
1 2 (6.67%) Microsoft PowerPoint
1 2 (6.67%) MS Visio
Business Applications
1 1 (3.33%) IntelliMatch
Cloud Services
1 3 (10.00%) Azure
2 2 (6.67%) Azure DevOps
3 1 (3.33%) Miro
Development Applications
1 1 (3.33%) JIRA
General
1 23 (76.67%) Finance
2 17 (56.67%) Banking
3 12 (40.00%) Social Skills
4 5 (16.67%) Analytical Skills
5 3 (10.00%) Documentation Skills
6 2 (6.67%) Financial Institution
6 2 (6.67%) Investment Banking
7 1 (3.33%) French Language
Libraries, Frameworks & Software Standards
1 1 (3.33%) ADO
Miscellaneous
1 18 (60.00%) SWIFT Messaging Network
2 6 (20.00%) Product Ownership
3 5 (16.67%) Foreign Exchange (FX)
4 2 (6.67%) Derivative
5 1 (3.33%) PMI
5 1 (3.33%) Self-Motivation
Processes & Methodologies
1 9 (30.00%) Agile
2 7 (23.33%) Business Analysis
3 6 (20.00%) User Stories
4 5 (16.67%) Scrum
5 4 (13.33%) Data Mapping
5 4 (13.33%) Epics
5 4 (13.33%) Regulatory Compliance
5 4 (13.33%) Stakeholder Management
6 3 (10.00%) Acceptance Criteria
6 3 (10.00%) Data-Driven Decision Making
6 3 (10.00%) Problem-Solving
6 3 (10.00%) Requirements Gathering
6 3 (10.00%) Use Case
6 3 (10.00%) User Acceptance Testing
6 3 (10.00%) Waterfall
7 2 (6.67%) B2B
7 2 (6.67%) Data Analysis
7 2 (6.67%) Data Protection
7 2 (6.67%) Kanban
7 2 (6.67%) Risk Assessment
Qualifications
1 2 (6.67%) Degree
2 1 (3.33%) CBAP
2 1 (3.33%) PMI Certification
Quality Assurance & Compliance
1 16 (53.33%) SEPA
2 4 (13.33%) EMIR
2 4 (13.33%) MiFID
3 3 (10.00%) PCI DSS
4 2 (6.67%) GDPR
4 2 (6.67%) ISO 20022
4 2 (6.67%) PSD2
5 1 (3.33%) QA
5 1 (3.33%) TARGET2
Vendors
1 4 (13.33%) Bloomberg
2 2 (6.67%) Calypso
2 2 (6.67%) Refinitiv
2 2 (6.67%) Reuters
3 1 (3.33%) CyberSource
3 1 (3.33%) SAP