Procure-to-Pay (including Purchase-to-Pay, P2P)
England > London
The following table provides summary statistics for contract job vacancies advertised in 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 27 April 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 27 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 342 | 391 | 515 |
| Rank change year-on-year | +49 | +124 | -101 |
| Contract jobs citing Procure-to-Pay | 52 | 104 | 89 |
| As % of all contract jobs advertised in London | 0.29% | 0.38% | 0.23% |
| As % of the Processes & Methodologies category | 0.33% | 0.42% | 0.25% |
| Number of daily rates quoted | 38 | 56 | 66 |
| 10th Percentile | £436 | £400 | £363 |
| 25th Percentile | £466 | £463 | £463 |
| Median daily rate (50th Percentile) | £575 | £550 | £581 |
| Median % change year-on-year | +4.55% | -5.27% | +5.57% |
| 75th Percentile | £669 | £600 | £658 |
| 90th Percentile | £745 | £819 | £731 |
| England median daily rate | £560 | £550 | £563 |
| % change year-on-year | +1.82% | -2.22% | +7.14% |
All Process and Methodology Skills
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 London with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 15,674 | 24,676 | 35,915 |
| As % of all contract IT jobs advertised in London | 88.50% | 91.13% | 92.26% |
| Number of daily rates quoted | 11,226 | 17,739 | 26,174 |
| 10th Percentile | £338 | £375 | £390 |
| 25th Percentile | £450 | £475 | £475 |
| Median daily rate (50th Percentile) | £550 | £590 | £575 |
| Median % change year-on-year | -6.78% | +2.61% | +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% | +9.69% |
| Number of hourly rates quoted | 325 | 281 | 423 |
| 10th Percentile | £16.00 | £18.63 | £17.25 |
| 25th Percentile | £20.00 | £22.63 | £23.91 |
| Median hourly rate | £28.50 | £39.00 | £36.00 |
| Median % change year-on-year | -26.92% | +8.33% | +10.77% |
| 75th Percentile | £46.86 | £63.75 | £50.68 |
| 90th Percentile | £66.30 | £78.50 | £67.50 |
| England median hourly rate | £35.50 | £37.50 | £24.35 |
| % change year-on-year | -5.33% | +54.00% | +1.46% |
Procure-to-Pay
Job Vacancy Trend in London
Job postings citing Procure-to-Pay as a proportion of all IT jobs advertised in London.
Procure-to-Pay
Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing Procure-to-Pay in London.
Procure-to-Pay
Daily Rate Histogram in London
Daily rate distribution for jobs citing Procure-to-Pay in London over the 6 months to 27 April 2024.
Procure-to-Pay
Contractor Hourly Rate Trend in London
3-month moving average hourly rates quoted in jobs citing Procure-to-Pay in London.
Procure-to-Pay
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 Procure-to-Pay within the London region over the 6 months to 27 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 | +38 | 5 | £600 | +9.09% | 1 |
| West London | - | 2 | £295 | - | 1 |
| Procure-to-Pay England |
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Procure-to-Pay
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: