Procure-to-Pay (including Purchase-to-Pay, P2P)
London > Central London
The following table provides summary statistics for contract job vacancies advertised in Central London with a requirement for Procure-to-Pay skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Procure-to-Pay over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 9 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 129 | 175 | 202 |
| Rank change year-on-year | +46 | +27 | -44 |
| Contract jobs citing Procure-to-Pay | 5 | 4 | 7 |
| As % of all contract jobs advertised in Central London | 0.21% | 0.11% | 0.16% |
| As % of the Processes & Methodologies category | 0.23% | 0.12% | 0.17% |
| Number of daily rates quoted | 4 | 2 | 6 |
| 10th Percentile | £505 | £507 | £296 |
| 25th Percentile | £550 | £518 | £363 |
| Median daily rate (50th Percentile) | £600 | £535 | £375 |
| Median % change year-on-year | +12.15% | +42.67% | -34.78% |
| 75th Percentile | £638 | £553 | £631 |
| 90th Percentile | £660 | £563 | £744 |
| London median daily rate | £600 | £553 | £575 |
| % change year-on-year | +8.60% | -3.91% | +1.23% |
All Process and Methodology Skills
Central London
Procure-to-Pay 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 advertised in Central London with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 2,202 | 3,443 | 4,113 |
| As % of all contract IT jobs advertised in Central London | 90.62% | 91.33% | 91.85% |
| Number of daily rates quoted | 1,567 | 2,335 | 3,145 |
| 10th Percentile | £350 | £325 | £375 |
| 25th Percentile | £450 | £463 | £475 |
| Median daily rate (50th Percentile) | £550 | £600 | £570 |
| Median % change year-on-year | -8.33% | +5.26% | +8.57% |
| 75th Percentile | £688 | £725 | £675 |
| 90th Percentile | £800 | £823 | £775 |
| London median daily rate | £550 | £590 | £575 |
| % change year-on-year | -6.78% | +2.61% | +9.52% |
| Number of hourly rates quoted | 23 | 28 | 43 |
| 10th Percentile | £20.22 | £15.18 | £18.50 |
| 25th Percentile | £22.75 | £18.03 | £22.63 |
| Median hourly rate | £27.81 | £35.00 | £40.50 |
| Median % change year-on-year | -20.54% | -13.58% | +102.50% |
| 75th Percentile | £30.41 | £55.00 | £53.50 |
| 90th Percentile | £41.47 | £88.30 | £65.10 |
| London median hourly rate | £28.00 | £39.00 | £37.00 |
| % change year-on-year | -28.21% | +5.41% | +12.63% |
Procure-to-Pay
Job Vacancy Trend in Central London
Job postings citing Procure-to-Pay as a proportion of all IT jobs advertised in Central London.
Procure-to-Pay
Contractor Daily Rate Trend in Central London
3-month moving average daily rate quoted in jobs citing Procure-to-Pay in Central London.
Procure-to-Pay
Daily Rate Histogram in Central London
Daily rate distribution for jobs citing Procure-to-Pay in Central London over the 6 months to 9 May 2024.
Procure-to-Pay
Contractor Hourly Rate Trend in Central London
3-month moving average hourly rates quoted in jobs citing Procure-to-Pay in Central London.
Procure-to-Pay
Contract Job Locations in Central London
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Procure-to-Pay within the Central London region over the 6 months to 9 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 |
|---|---|---|---|---|---|
| City of London | +49 | 5 | £600 | +12.15% | 1 |
| Procure-to-Pay London |
|||||
Procure-to-Pay
Co-occurring Skills and Capabilities in Central London 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: