Procure-to-Pay (including Purchase-to-Pay, P2P)
East of England > Hertfordshire
The following table provides summary statistics for contract job vacancies advertised in Hertfordshire 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 11 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 11 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 82 | - |
| Rank change year-on-year | - | - | - |
| Contract jobs citing Procure-to-Pay | 0 | 1 | 0 |
| As % of all contract jobs advertised in Hertfordshire | - | 0.13% | - |
| As % of the Processes & Methodologies category | - | 0.15% | - |
| Number of daily rates quoted | 0 | 1 | 0 |
| Median daily rate (50th Percentile) | - | £825 | - |
| East of England median daily rate | £500 | £675 | £450 |
| % change year-on-year | -25.93% | +50.00% | -12.20% |
All Process and Methodology Skills
Hertfordshire
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 Hertfordshire with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 737 | 682 | 675 |
| As % of all contract IT jobs advertised in Hertfordshire | 88.90% | 87.32% | 86.65% |
| Number of daily rates quoted | 261 | 349 | 402 |
| 10th Percentile | £225 | £240 | £185 |
| 25th Percentile | £315 | £363 | £363 |
| Median daily rate (50th Percentile) | £425 | £500 | £475 |
| Median % change year-on-year | -15.00% | +5.26% | - |
| 75th Percentile | £600 | £675 | £625 |
| 90th Percentile | £713 | £750 | £688 |
| East of England median daily rate | £475 | £475 | £475 |
| % change year-on-year | - | - | +11.76% |
| Number of hourly rates quoted | 320 | 153 | 76 |
| 10th Percentile | £38.12 | £23.09 | £21.75 |
| 25th Percentile | £40.00 | £53.75 | £41.76 |
| Median hourly rate | £50.00 | £65.00 | £52.93 |
| Median % change year-on-year | -23.08% | +22.82% | +17.61% |
| 75th Percentile | £65.00 | £70.00 | £60.00 |
| 90th Percentile | £77.30 | £75.70 | - |
| East of England median hourly rate | £40.14 | £24.62 | £15.50 |
| % change year-on-year | +63.03% | +58.84% | -15.16% |
Procure-to-Pay
Job Vacancy Trend in Hertfordshire
Job postings citing Procure-to-Pay as a proportion of all IT jobs advertised in Hertfordshire.
Procure-to-Pay
Contractor Daily Rate Trend in Hertfordshire
3-month moving average daily rate quoted in jobs citing Procure-to-Pay in Hertfordshire.