Functional Consultant Contracts in London

Functional Consultant
England > London

The median Functional Consultant daily rate in London is £575 according to job vacancies posted during the 6 months to 23 April 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
23 Apr 2024
Same period 2023 Same period 2022
Rank 264 419 510
Rank change year-on-year +155 +91 -126
Contract jobs requiring a Functional Consultant 130 76 84
As % of all contract jobs advertised in London 0.73% 0.28% 0.22%
As % of the Job Titles category 0.78% 0.29% 0.23%
Number of daily rates quoted 79 37 50
10th Percentile £446 £467 £400
25th Percentile £500 £500 £425
Median daily rate (50th Percentile) £575 £575 £550
Median % change year-on-year - +4.55% +15.79%
75th Percentile £650 £625 £592
90th Percentile £798 £688 £690
England median daily rate £550 £565 £550
% change year-on-year -2.65% +2.73% +10.00%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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 London with a recognized job title 16,640 26,016 37,232
% of contract IT jobs with a recognized job title 93.14% 95.31% 95.30%
Number of daily rates quoted 12,027 18,790 27,160
10th Percentile £325 £363 £375
25th Percentile £442 £463 £469
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £675
90th Percentile £788 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +10.53%
Number of hourly rates quoted 342 295 454
10th Percentile £16.00 £17.99 £16.50
25th Percentile £20.01 £22.57 £22.03
Median hourly rate £27.66 £35.00 £35.00
Median % change year-on-year -20.99% - +12.90%
75th Percentile £43.75 £60.00 £49.25
90th Percentile £64.45 £77.30 £67.50
England median hourly rate £35.00 £45.00 £22.50
% change year-on-year -22.22% +100.00% +0.36%

Functional Consultant
Job Vacancy Trend in London

Job postings that featured Functional Consultant in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Functional Consultant in London

Functional Consultant
Contractor Daily Rate Trend in London

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

Daily rate trend for Functional Consultant in London

Functional Consultant
Daily Rate Histogram in London

Daily rate distribution for jobs citing Functional Consultant in London over the 6 months to 23 April 2024.

Daily rate histogram for Functional Consultant in London

Functional Consultant
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Functional Consultant in London

Functional Consultant
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 Functional Consultant within the London region over the 6 months to 23 April 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 +50 12 £650 +30.00% 2
West London - 5 - -
Functional Consultant
England

Functional Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 23 April 2024, Functional Consultant 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 across the London region featuring Functional Consultant in the job title.

1 55 (42.31%) Finance
2 45 (34.62%) SAP
3 43 (33.08%) Dynamics 365
4 42 (32.31%) Microsoft
5 38 (29.23%) Social Skills
6 18 (13.85%) Power Platform
6 18 (13.85%) SAP S/4HANA
6 18 (13.85%) Degree
6 18 (13.85%) Oracle
7 17 (13.08%) Stakeholder Management
7 17 (13.08%) Azure
7 17 (13.08%) Analytical Skills
8 16 (12.31%) Requirements Gathering
9 15 (11.54%) Public Sector
9 15 (11.54%) Azure DevOps
9 15 (11.54%) DevOps
9 15 (11.54%) ABAP
9 15 (11.54%) CRM
10 14 (10.77%) Business Intelligence
10 14 (10.77%) Agile
10 14 (10.77%) Logistics
10 14 (10.77%) Power BI
10 14 (10.77%) Power Automate
11 13 (10.00%) Data Lake
11 13 (10.00%) Dynamics CRM
12 11 (8.46%) Retail
12 11 (8.46%) Migration
12 11 (8.46%) User Stories
12 11 (8.46%) Customer Service
13 10 (7.69%) OCI

Functional Consultant Skill Set
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:

Application Platforms
1 2 (1.54%) SharePoint
Applications
1 1 (0.77%) Microsoft Office
Business Applications
1 18 (13.85%) SAP S/4HANA
2 13 (10.00%) Dynamics CRM
3 9 (6.92%) SAP MDG
4 6 (4.62%) Dynamics AX
4 6 (4.62%) Oracle EBS
4 6 (4.62%) Sage 200
4 6 (4.62%) Sage 50
5 5 (3.85%) Oracle Payables
6 4 (3.08%) Oracle Cash Management
6 4 (3.08%) Oracle Receivables
6 4 (3.08%) SAP SD
7 3 (2.31%) Oracle Procure-to-Pay
7 3 (2.31%) SAP PLM
8 2 (1.54%) Aligne
8 2 (1.54%) Dynamics NAV
8 2 (1.54%) Oracle Financials
8 2 (1.54%) Oracle General Ledger
8 2 (1.54%) SAP FI
8 2 (1.54%) SAP GTS
8 2 (1.54%) SAP QM
Cloud Services
1 43 (33.08%) Dynamics 365
2 18 (13.85%) Power Platform
3 17 (13.08%) Azure
4 15 (11.54%) Azure DevOps
5 14 (10.77%) Power Automate
6 10 (7.69%) OCI
7 5 (3.85%) PowerApps
8 3 (2.31%) Microsoft 365
8 3 (2.31%) SuccessFactors
9 1 (0.77%) Oracle CX
9 1 (0.77%) Oracle Service Cloud
9 1 (0.77%) SaaS
9 1 (0.77%) WhatsApp
Database & Business Intelligence
1 14 (10.77%) Power BI
2 13 (10.00%) Data Lake
3 3 (2.31%) SAP HANA
4 2 (1.54%) Oracle Reports
5 1 (0.77%) SAP BW
5 1 (0.77%) Siebel EIM
Development Applications
1 1 (0.77%) JIRA
General
1 55 (42.31%) Finance
2 38 (29.23%) Social Skills
3 17 (13.08%) Analytical Skills
4 15 (11.54%) Public Sector
5 11 (8.46%) Retail
6 8 (6.15%) General Ledger
7 7 (5.38%) Manufacturing
7 7 (5.38%) Marketing
8 5 (3.85%) Law
9 4 (3.08%) Legal
10 3 (2.31%) Documentation Skills
10 3 (2.31%) Pharmaceutical
10 3 (2.31%) Presentation Skills
11 2 (1.54%) Banking
11 2 (1.54%) Investment Banking
12 1 (0.77%) French Language
12 1 (0.77%) Front Office
12 1 (0.77%) German Language
12 1 (0.77%) Influencing Skills
12 1 (0.77%) Telecoms
Libraries, Frameworks & Software Standards
1 6 (4.62%) Oracle Fusion
2 3 (2.31%) Web Services
3 2 (1.54%) EDI
3 2 (1.54%) Lightning Web Components
4 1 (0.77%) BAPI
4 1 (0.77%) SAP ALE
4 1 (0.77%) SAP Fiori
4 1 (0.77%) WebCenter
4 1 (0.77%) XML
Miscellaneous
1 7 (5.38%) Data Structures
2 6 (4.62%) Product Ownership
2 6 (4.62%) Renewable Energy
3 3 (2.31%) Legacy Systems
4 2 (1.54%) Analytical Mindset
4 2 (1.54%) Enterprise Software
4 2 (1.54%) Management Information System
4 2 (1.54%) Solar Panel
5 1 (0.77%) Data Protection Act
5 1 (0.77%) FMCG
5 1 (0.77%) Life Science
5 1 (0.77%) Tandem
5 1 (0.77%) Taxonomies
Processes & Methodologies
1 17 (13.08%) Stakeholder Management
2 16 (12.31%) Requirements Gathering
3 15 (11.54%) CRM
3 15 (11.54%) DevOps
4 14 (10.77%) Agile
4 14 (10.77%) Business Intelligence
4 14 (10.77%) Logistics
5 11 (8.46%) Customer Service
5 11 (8.46%) Migration
5 11 (8.46%) User Stories
6 10 (7.69%) Data Migration
7 9 (6.92%) Acceptance Criteria
7 9 (6.92%) Accounts Payable
7 9 (6.92%) Accounts Receivable
7 9 (6.92%) Business Analysis
7 9 (6.92%) Problem-Solving
8 8 (6.15%) ERP
8 8 (6.15%) Project Management
8 8 (6.15%) Prototyping
8 8 (6.15%) Requirements Workshops
Programming Languages
1 15 (11.54%) ABAP
2 1 (0.77%) SQL
Qualifications
1 18 (13.85%) Degree
2 10 (7.69%) Security Cleared
3 9 (6.92%) Microsoft Certification
3 9 (6.92%) SC Cleared
4 2 (1.54%) BPSS Clearance
4 2 (1.54%) Oracle Certification
5 1 (0.77%) CBAP
5 1 (0.77%) Computer Science Degree
5 1 (0.77%) PMI Certification
5 1 (0.77%) PMP
5 1 (0.77%) Siebel Certification
5 1 (0.77%) Six Sigma Black Belt
5 1 (0.77%) Six Sigma Green Belt
Quality Assurance & Compliance
1 4 (3.08%) QA
2 1 (0.77%) ITGC
2 1 (0.77%) Sarbanes-Oxley
Vendors
1 45 (34.62%) SAP
2 42 (32.31%) Microsoft
3 18 (13.85%) Oracle
4 6 (4.62%) Sage
5 2 (1.54%) Ariba
5 2 (1.54%) Conga
5 2 (1.54%) DocuSign
5 2 (1.54%) Kronos
5 2 (1.54%) Salesforce
6 1 (0.77%) CA
6 1 (0.77%) Cognos
6 1 (0.77%) Concur
6 1 (0.77%) IFS
6 1 (0.77%) Siebel