Requirements Management Contracts

Requirements Management
UK

The following table provides summary statistics for contract job vacancies with a requirement for Requirements Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Management over the 6 months to 16 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 448 514 598
Rank change year-on-year +66 +84 -99
Contract jobs citing Requirements Management 132 170 258
As % of all contract jobs advertised in the UK 0.31% 0.30% 0.30%
As % of the Processes & Methodologies category 0.36% 0.33% 0.33%
Number of daily rates quoted 71 101 139
10th Percentile £475 £450 £400
25th Percentile £488 £500 £423
Median daily rate (50th Percentile) £525 £563 £500
Median % change year-on-year -6.67% +12.50% +11.11%
75th Percentile £631 £650 £600
90th Percentile £700 £700 £654
UK excluding London median daily rate £569 £556 £475
% change year-on-year +2.24% +17.11% +10.56%
Number of hourly rates quoted 9 32 46
10th Percentile £37.17 £47.50 -
25th Percentile £52.50 £50.64 £39.75
Median hourly rate £60.50 £65.00 £44.50
Median % change year-on-year -6.92% +46.07% +1.71%
75th Percentile £60.75 £68.75 £49.25
90th Percentile £64.10 £72.50 £55.00
UK excluding London median hourly rate £60.50 £65.00 £53.00
% change year-on-year -6.92% +22.64% +21.14%

All Process and Methodology Skills
UK

Requirements Management is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,679 51,168 79,259
As % of all contract IT jobs advertised in the UK 86.19% 89.82% 90.63%
Number of daily rates quoted 23,608 35,479 55,636
10th Percentile £300 £325 £345
25th Percentile £413 £438 £429
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.16%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £479
% change year-on-year - +4.38% +9.49%
Number of hourly rates quoted 2,436 1,692 1,900
10th Percentile £12.75 £10.64 £12.50
25th Percentile £15.94 £16.10 £15.50
Median hourly rate £36.27 £35.65 £25.68
Median % change year-on-year +1.75% +38.82% +5.35%
75th Percentile £60.00 £65.00 £49.75
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £37.50 £35.00 £20.00
% change year-on-year +7.14% +75.00% -6.21%

Requirements Management
Job Vacancy Trend

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

Job vacancy trend for Requirements Management in the UK

Requirements Management
Contractor Daily Rate Trend

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

Daily rate trend for Requirements Management in the UK

Requirements Management
Daily Rate Histogram

Daily rate distribution for jobs citing Requirements Management over the 6 months to 16 May 2024.

Daily rate histogram for Requirements Management in the UK

Requirements Management
Contractor Hourly Rate Trend

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

Hourly rate trend for Requirements Management in the UK

Requirements Management
Hourly Rate Histogram

Hourly rate distribution of jobs citing Requirements Management over the 6 months to 16 May 2024.

Hourly rate histogram for Requirements Management in the UK

Requirements Management
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Requirements Management within the UK over the 6 months to 16 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 +103 124 £525 -6.25% 121
UK excluding London +44 77 £569 +2.24% 110
London +96 47 £530 -13.47% 10
South East +29 47 £525 - 28
Work from Home +103 37 £538 +7.50% 44
South West +4 9 £600 -2.04% 27
Midlands +27 6 £619 +7.61% 16
North of England +23 6 £663 +26.79% 24
West Midlands +26 5 £619 +7.61% 12
North West +17 5 £663 +27.40% 20
East of England -2 5 - - 13
Scotland - 4 - - 7
East Midlands +13 1 - - 4
North East - 1 - - 2

Requirements 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:

Application Platforms
1 9 (6.82%) Confluence
Applications
1 4 (3.03%) Simulink
2 2 (1.52%) Microsoft Excel
2 2 (1.52%) Microsoft PowerPoint
2 2 (1.52%) Stateflow
3 1 (0.76%) CATIA
3 1 (0.76%) Microsoft Office
3 1 (0.76%) Microsoft Project
3 1 (0.76%) MS Visio
3 1 (0.76%) Trello
Business Applications
1 2 (1.52%) Primavera
1 2 (1.52%) Teamcenter
2 1 (0.76%) Dynamics CRM
2 1 (0.76%) Loan IQ
2 1 (0.76%) Misys Midas
Cloud Services
1 16 (12.12%) Azure
2 9 (6.82%) Azure DevOps
3 7 (5.30%) Miro
4 6 (4.55%) AWS
4 6 (4.55%) Dynamics 365
4 6 (4.55%) PaaS
4 6 (4.55%) SaaS
5 4 (3.03%) BlazeMeter
5 4 (3.03%) BrowserStack
5 4 (3.03%) Firebase
5 4 (3.03%) SAP Commerce Cloud
6 2 (1.52%) Power Platform
6 2 (1.52%) SuccessFactors
Communications & Networking
1 18 (13.64%) Ethernet
2 9 (6.82%) SD-WAN
3 4 (3.03%) Internet
Database & Business Intelligence
1 7 (5.30%) Relational Database
2 4 (3.03%) NoSQL
2 4 (3.03%) SAP HANA
3 3 (2.27%) Data Warehouse
4 2 (1.52%) Power BI
5 1 (0.76%) SQL Server
Development Applications
1 35 (26.52%) Rational DOORS
2 15 (11.36%) JIRA
3 5 (3.79%) GitLab
4 4 (3.03%) Appium
4 4 (3.03%) Cypress.io
4 4 (3.03%) Jenkins
4 4 (3.03%) JMeter
4 4 (3.03%) Postman
5 2 (1.52%) Git
5 2 (1.52%) Rational Team Concert
6 1 (0.76%) Bitbucket
6 1 (0.76%) MagicDraw
6 1 (0.76%) Rational Rhapsody
General
1 27 (20.45%) Finance
1 27 (20.45%) Social Skills
2 25 (18.94%) Electronics
3 19 (14.39%) Analytical Skills
4 16 (12.12%) Public Sector
5 14 (10.61%) Marketing
6 9 (6.82%) Manufacturing
7 8 (6.06%) Presentation Skills
8 7 (5.30%) Influencing Skills
9 6 (4.55%) Aerospace
9 6 (4.55%) Back Office
9 6 (4.55%) Documentation Skills
10 5 (3.79%) Banking
11 2 (1.52%) German Language
11 2 (1.52%) Inclusion and Diversity
11 2 (1.52%) Law
11 2 (1.52%) Military
11 2 (1.52%) Telecoms
12 1 (0.76%) Automotive
12 1 (0.76%) Pharmaceutical
Job Titles
1 47 (35.61%) Analyst
2 41 (31.06%) Business Analyst
3 34 (25.76%) Senior
4 21 (15.91%) Architect
5 18 (13.64%) Consultant
6 16 (12.12%) Senior Analyst
7 15 (11.36%) Network Architect
8 14 (10.61%) Senior Business Analyst
8 14 (10.61%) Systems Engineer
9 13 (9.85%) Business IT Analyst
9 13 (9.85%) IT Analyst
9 13 (9.85%) IT Business Analyst
10 10 (7.58%) SC Cleared Business Analyst
11 8 (6.06%) Agile Business Analyst
11 8 (6.06%) Senior Systems Engineer
12 7 (5.30%) Lead
13 6 (4.55%) DOORS Engineer
13 6 (4.55%) Integration Engineer
13 6 (4.55%) Solutions Architect
13 6 (4.55%) Systems Integration Engineer
Libraries, Frameworks & Software Standards
1 4 (3.03%) Middleware
1 4 (3.03%) SAP PI
1 4 (3.03%) WebdriverIO
2 2 (1.52%) .NET
3 1 (0.76%) Node.js
3 1 (0.76%) React
3 1 (0.76%) Web Services
Miscellaneous
1 19 (14.39%) Analogue Electronics
2 18 (13.64%) Robotics
3 12 (9.09%) Onboarding
4 8 (6.06%) IoT
5 7 (5.30%) Product Ownership
6 5 (3.79%) Management Information System
6 5 (3.79%) SWIFT Messaging Network
7 4 (3.03%) Data Protection Act
7 4 (3.03%) Device Driver
7 4 (3.03%) PCIe
7 4 (3.03%) Verilog
7 4 (3.03%) VHDL
8 2 (1.52%) Analytical Mindset
9 1 (0.76%) Data Centre
9 1 (0.76%) PMI
Operating Systems
1 14 (10.61%) Windows
2 8 (6.06%) Unix
3 5 (3.79%) Linux
3 5 (3.79%) VxWorks
4 4 (3.03%) Embedded Linux
Processes & Methodologies
1 43 (32.58%) Agile
2 32 (24.24%) Systems Engineering
3 27 (20.45%) Validation
4 25 (18.94%) Stakeholder Management
5 22 (16.67%) Business Analysis
6 20 (15.15%) Network Management
6 20 (15.15%) SIEM
7 18 (13.64%) Prototyping
8 17 (12.88%) Problem-Solving
9 16 (12.12%) Risk Management
10 15 (11.36%) Customer Requirements
10 15 (11.36%) Design for Manufacturing
10 15 (11.36%) Presales
10 15 (11.36%) User Stories
11 14 (10.61%) GAP Analysis
11 14 (10.61%) Software Engineering
12 13 (9.85%) ITIL
12 13 (9.85%) Migration
12 13 (9.85%) Test Strategy
12 13 (9.85%) UML
Programming Languages
1 7 (5.30%) C
2 6 (4.55%) SQL
3 5 (3.79%) JavaScript
3 5 (3.79%) MATLAB
4 4 (3.03%) Embedded C
5 2 (1.52%) C++
5 2 (1.52%) Fortran
6 1 (0.76%) Assembly Language
6 1 (0.76%) Python
Qualifications
1 43 (32.58%) Security Cleared
2 29 (21.97%) SC Cleared
3 23 (17.42%) Degree
4 11 (8.33%) Master's Degree
5 10 (7.58%) BPSS Clearance
6 8 (6.06%) ITIL Certification
7 3 (2.27%) CBAP
7 3 (2.27%) DV Cleared
8 2 (1.52%) HND
9 1 (0.76%) APMP
9 1 (0.76%) CSPO
9 1 (0.76%) EMC Certification
9 1 (0.76%) HNC
9 1 (0.76%) IIBA
9 1 (0.76%) ISEB
9 1 (0.76%) PMI Certification
Quality Assurance & Compliance
1 14 (10.61%) PCI DSS
2 10 (7.58%) QA
3 6 (4.55%) MISRA
3 6 (4.55%) MISRA C
4 5 (3.79%) ISO 20022
5 4 (3.03%) ISO/IEC 27001
6 1 (0.76%) IEC 61508
6 1 (0.76%) ISO/IEC 15288
6 1 (0.76%) PMO
System Software
1 4 (3.03%) Firmware
2 1 (0.76%) VMware Infrastructure
Vendors
1 12 (9.09%) SAP
2 7 (5.30%) Microsoft
3 5 (3.79%) Atlassian
3 5 (3.79%) CyberSource
3 5 (3.79%) ServiceNow
4 4 (3.03%) Intel
5 3 (2.27%) Oracle
6 2 (1.52%) MathWorks
7 1 (0.76%) EMC
7 1 (0.76%) IBM
7 1 (0.76%) Mentor Graphics
7 1 (0.76%) Sybase
7 1 (0.76%) VMware