Benchmarking Contracts in London

Benchmarking
England > London

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

6 months to
2 May 2024
Same period 2023 Same period 2022
Rank 381 421 506
Rank change year-on-year +40 +85 -114
Contract jobs citing Benchmarking 14 81 89
As % of all contract jobs advertised in London 0.079% 0.30% 0.23%
As % of the Processes & Methodologies category 0.089% 0.33% 0.25%
Number of daily rates quoted 10 42 57
10th Percentile £410 £500 £403
25th Percentile £425 £578 £463
Median daily rate (50th Percentile) £500 £650 £535
Median % change year-on-year -23.08% +21.50% +18.89%
75th Percentile £525 £774 £650
90th Percentile £700 £825 £777
England median daily rate £488 £625 £525
% change year-on-year -22.00% +19.05% +23.53%
Number of hourly rates quoted 0 0 3
10th Percentile - - -
25th Percentile - - -
Median hourly rate - - £22.68
75th Percentile - - £38.53
90th Percentile - - £48.04
England median hourly rate £15.79 £24.00 £22.68
% change year-on-year -34.21% +5.82% -41.85%

All Process and Methodology Skills
London

Benchmarking 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 London with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 15,770 24,518 35,943
As % of all contract IT jobs advertised in London 88.59% 91.07% 92.31%
Number of daily rates quoted 11,304 17,620 26,197
10th Percentile £338 £375 £390
25th Percentile £450 £475 £475
Median daily rate (50th Percentile) £550 £588 £575
Median % change year-on-year -6.38% +2.17% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +8.59%
Number of hourly rates quoted 326 277 426
10th Percentile £16.00 £18.58 £17.21
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £28.50 £38.75 £36.41
Median % change year-on-year -26.45% +6.43% +12.03%
75th Percentile £47.34 £62.50 £51.00
90th Percentile £66.25 £76.95 £67.81
England median hourly rate £36.00 £37.34 £24.30
% change year-on-year -3.59% +53.69% +1.23%

Benchmarking
Job Vacancy Trend in London

Job postings citing Benchmarking as a proportion of all IT jobs advertised in London.

Job vacancy trend for Benchmarking in London

Benchmarking
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Benchmarking in London.

Daily rate trend for Benchmarking in London

Benchmarking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Benchmarking in London over the 6 months to 2 May 2024.

Daily rate histogram for Benchmarking in London

Benchmarking
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Benchmarking in London.

Hourly rate trend for Benchmarking in London

Benchmarking
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Benchmarking within the London region over the 6 months to 2 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
Central London +35 4 £500 -24.53% 6
Benchmarking
England

Benchmarking
Co-occurring Skills and Capabilities in 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:

Applications
1 5 (35.71%) Microsoft Excel
2 1 (7.14%) Microsoft Office
Business Applications
1 1 (7.14%) Softmar
Cloud Services
1 4 (28.57%) Power Platform
2 1 (7.14%) dbt
2 1 (7.14%) Dynamics 365
Communications & Networking
1 2 (14.29%) Intranet
Database & Business Intelligence
1 4 (28.57%) Power BI
2 1 (7.14%) QlikView
General
1 6 (42.86%) Social Skills
2 5 (35.71%) Analytical Skills
3 3 (21.43%) Finance
4 2 (14.29%) Influencing Skills
5 1 (7.14%) Law
5 1 (7.14%) Legal
5 1 (7.14%) Marketing
5 1 (7.14%) Presentation Skills
5 1 (7.14%) Telecoms
Job Titles
1 7 (50.00%) Analyst
2 4 (28.57%) HR Analyst
3 3 (21.43%) Data Analyst
4 2 (14.29%) HR Data Analyst
4 2 (14.29%) Systems Analyst
5 1 (7.14%) Consultant
5 1 (7.14%) HR Specialist
5 1 (7.14%) ITIL Consultant
5 1 (7.14%) Marketing Manager
5 1 (7.14%) Operational Risk Analyst
5 1 (7.14%) Operations Analyst
5 1 (7.14%) Oracle Analyst
5 1 (7.14%) PMO Analyst
5 1 (7.14%) Risk Analyst
5 1 (7.14%) Senior IT Manager
5 1 (7.14%) Senior Manager
5 1 (7.14%) Service Management Consultant
5 1 (7.14%) Six Sigma Consultant
5 1 (7.14%) Support Specialist
5 1 (7.14%) Systems Support
Miscellaneous
1 2 (14.29%) Management Information System
1 2 (14.29%) Renewable Energy
1 2 (14.29%) Solar Power
2 1 (7.14%) FMCG
2 1 (7.14%) Media Streaming
2 1 (7.14%) Product Ownership
2 1 (7.14%) Self-Motivation
2 1 (7.14%) Smart Energy
2 1 (7.14%) Virtual Team
Processes & Methodologies
1 4 (28.57%) Business Intelligence
1 4 (28.57%) Data Analysis
1 4 (28.57%) Decision-Making
2 3 (21.43%) Business Case
2 3 (21.43%) Data Cleansing
2 3 (21.43%) Time Management
3 2 (14.29%) Agile
3 2 (14.29%) Cost Reduction
3 2 (14.29%) Customer Experience
3 2 (14.29%) Problem-Solving
3 2 (14.29%) Process Improvement
3 2 (14.29%) Project Management
3 2 (14.29%) Strategic Thinking
3 2 (14.29%) Technical Analysis
3 2 (14.29%) Workflow
4 1 (7.14%) Budget Management
4 1 (7.14%) Journey Map
4 1 (7.14%) Regulatory Change
4 1 (7.14%) Roadmaps
4 1 (7.14%) Service Catalogue
Qualifications
1 3 (21.43%) Degree
2 1 (7.14%) ITIL Certification
Quality Assurance & Compliance
1 2 (14.29%) Data Quality
1 2 (14.29%) GDPR
2 1 (7.14%) PMO
2 1 (7.14%) SLA
Vendors
1 2 (14.29%) Microsoft
2 1 (7.14%) Alteryx
2 1 (7.14%) Oracle