Budget Control Contracts

Budget Control
UK

The following table provides summary statistics for contract job vacancies with a requirement for Budget Control skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Budget Control over the 6 months to 26 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
26 Apr 2024
Same period 2023 Same period 2022
Rank 557 661 823
Rank change year-on-year +104 +162 -169
Contract jobs citing Budget Control 22 39 37
As % of all contract jobs advertised in the UK 0.051% 0.065% 0.042%
As % of the Processes & Methodologies category 0.059% 0.072% 0.046%
Number of daily rates quoted 16 29 25
10th Percentile £350 £354 £400
25th Percentile £405 £400 £419
Median daily rate (50th Percentile) £525 £600 £475
Median % change year-on-year -12.50% +26.32% +18.75%
75th Percentile £681 £750 £575
90th Percentile £925 £780 £673
UK excluding London median daily rate £600 £605 £410
% change year-on-year -0.87% +47.80% +2.38%
Number of hourly rates quoted 0 1 2
Median hourly rate - £65.00 £15.00
Median % change year-on-year - +333.33% -
UK excluding London median hourly rate - £65.00 £15.00
% change year-on-year - +333.33% -

All Process and Methodology Skills
UK

Budget Control 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 with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,600 53,916 80,351
As % of all contract IT jobs advertised in the UK 86.32% 89.91% 90.57%
Number of daily rates quoted 24,240 37,368 56,382
10th Percentile £300 £325 £340
25th Percentile £413 £438 £425
Median daily rate (50th Percentile) £525 £550 £525
Median % change year-on-year -4.55% +4.76% +8.25%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.20%
Number of hourly rates quoted 2,433 1,775 1,932
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.25 £15.25
Median hourly rate £35.00 £37.00 £25.00
Median % change year-on-year -5.41% +48.00% -
75th Percentile £59.50 £65.00 £49.25
90th Percentile £72.50 £75.00 £63.75
UK excluding London median hourly rate £36.50 £35.00 £20.00
% change year-on-year +4.29% +75.00% -8.34%

Budget Control
Job Vacancy Trend

Job postings citing Budget Control as a proportion of all IT jobs advertised.

Job vacancy trend for Budget Control in the UK

Budget Control
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Budget Control.

Daily rate trend for Budget Control in the UK

Budget Control
Daily Rate Histogram

Daily rate distribution for jobs citing Budget Control over the 6 months to 26 April 2024.

Daily rate histogram for Budget Control in the UK

Budget Control
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Budget Control.

Hourly rate trend for Budget Control in the UK

Budget Control
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Budget Control within the UK over the 6 months to 26 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
England +98 22 £525 -12.50% 14
Work from Home +124 17 £525 -14.77% 4
London +113 17 £525 -2.33% 4
UK excluding London +51 5 £600 -0.87% 12
South East +19 2 - - 1
East of England +8 2 - -
South West - 1 £600 - 1

Budget Control
Co-occurring Skills and Capabilities 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 (22.73%) Microsoft Project
2 1 (4.55%) Microsoft Excel
2 1 (4.55%) Microsoft PowerPoint
2 1 (4.55%) MS Visio
Cloud Services
1 2 (9.09%) Asana
1 2 (9.09%) Microsoft 365
1 2 (9.09%) Slack
Communications & Networking
1 2 (9.09%) CTI
1 2 (9.09%) Wireless
Development Applications
1 2 (9.09%) JIRA
General
1 13 (59.09%) Finance
2 10 (45.45%) Social Skills
3 4 (18.18%) Legal
3 4 (18.18%) Local Government
4 2 (9.09%) Telecoms
5 1 (4.55%) Aviation
5 1 (4.55%) Presentation Skills
5 1 (4.55%) Retail
Job Titles
1 13 (59.09%) Project Manager
2 4 (18.18%) Lead
3 2 (9.09%) Microsoft 365 Manager
3 2 (9.09%) Microsoft 365 Project Manager
3 2 (9.09%) Network Manager
3 2 (9.09%) Network Project Manager
3 2 (9.09%) PMO Specialist
3 2 (9.09%) SC Cleared Project Manager
4 1 (4.55%) Change Manager
4 1 (4.55%) Change Project Manager
4 1 (4.55%) DV Cleared Project Manager
4 1 (4.55%) Head of Infrastructure
4 1 (4.55%) Head of IT
4 1 (4.55%) IT Manager
4 1 (4.55%) IT Project Manager
4 1 (4.55%) Project Change Manager
4 1 (4.55%) Project Officer
Miscellaneous
1 4 (18.18%) Management Information System
1 4 (18.18%) PMI
2 2 (9.09%) Data Centre
Processes & Methodologies
1 13 (59.09%) Project Management
2 11 (50.00%) PRINCE2
3 7 (31.82%) Project Delivery
4 6 (27.27%) Agile
4 6 (27.27%) Stakeholder Management
5 5 (22.73%) Business Strategy
6 4 (18.18%) Business Case
6 4 (18.18%) Change Control
6 4 (18.18%) Change Management
6 4 (18.18%) Decision-Making
6 4 (18.18%) ERP
6 4 (18.18%) Process Management
6 4 (18.18%) Programme Management
6 4 (18.18%) Project Governance
6 4 (18.18%) Risk Management
6 4 (18.18%) Source to Pay
6 4 (18.18%) Workshop Facilitation
7 3 (13.64%) Budget Management
7 3 (13.64%) Process Improvement
8 2 (9.09%) Budget Responsibility
Qualifications
1 7 (31.82%) PMI Certification
1 7 (31.82%) Security Cleared
2 4 (18.18%) DV Cleared
2 4 (18.18%) PRINCE2 Practitioner
3 3 (13.64%) PMP
3 3 (13.64%) SC Cleared
4 2 (9.09%) PRINCE2 Certification
5 1 (4.55%) Degree
Quality Assurance & Compliance
1 6 (27.27%) PMO
2 2 (9.09%) PCI DSS
3 1 (4.55%) QA
Vendors
1 6 (27.27%) Microsoft