Functional Consultant Contracts

Functional Consultant
UK

The median Functional Consultant daily rate in the UK is £582 according to job vacancies posted during the 6 months to 4 May 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
4 May 2024		 Same period 2023 Same period 2022
Rank 315 509 549
Rank change year-on-year +194 +40 -80
Contract jobs requiring a Functional Consultant 288 212 317
As % of all contract jobs advertised in the UK 0.67% 0.36% 0.36%
As % of the Job Titles category 0.72% 0.38% 0.37%
Number of daily rates quoted 194 120 176
10th Percentile £450 £463 £425
25th Percentile £510 £500 £500
Median daily rate (50th Percentile) £582 £575 £550
Median % change year-on-year +1.22% +4.55% +4.76%
75th Percentile £638 £625 £616
90th Percentile £696 £688 £656
UK excluding London median daily rate £550 £550 £580
% change year-on-year - -5.17% +10.48%
Number of hourly rates quoted 2 0 0
10th Percentile £53.69 - -
25th Percentile £54.88 - -
Median hourly rate £58.72 - -
75th Percentile £61.53 - -
90th Percentile £62.09 - -
UK excluding London median hourly rate £58.72 - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 the UK with a recognized job title 40,021 55,966 84,699
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.45%
Number of daily rates quoted 26,056 39,104 59,482
10th Percentile £280 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,666 1,571 2,084
10th Percentile £12.86 £14.30 £12.50
25th Percentile £16.30 £19.06 £15.63
Median hourly rate £36.50 £45.00 £23.81
Median % change year-on-year -18.89% +89.04% +5.80%
75th Percentile £61.29 £65.75 £49.19
90th Percentile £72.50 £76.00 £63.71
UK excluding London median hourly rate £40.00 £42.26 £19.52
% change year-on-year -5.35% +116.50% +2.74%

Functional Consultant
Job Vacancy Trend

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

Job vacancy trend for Functional Consultant in the UK

Functional Consultant
Contractor Daily Rate Trend

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

Daily rate trend for Functional Consultant in the UK

Functional Consultant
Daily Rate Histogram

Daily rate distribution for jobs citing Functional Consultant over the 6 months to 4 May 2024.

Daily rate histogram for Functional Consultant in the UK

Functional Consultant
Contractor Hourly Rate Trend

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

Hourly rate trend for Functional Consultant in the UK

Functional Consultant
Top 16 Contract Locations

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 UK over the 6 months to 4 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
England +157 230 £563 -2.17% 55
Work from Home +170 140 £582 +5.88% 47
London +148 128 £575 - 16
UK excluding London +76 95 £550 - 31
South East +29 42 £600 +2.39% 5
North of England +18 21 £525 +5.00% 7
East of England +23 16 £538 +26.47% 7
North West +15 12 £525 +5.00% 3
Midlands +24 11 £563 +4.65% 9
Scotland - 8 £550 - 2
West Midlands +22 7 £575 +2.22% 8
Yorkshire +17 6 £450 -10.00% 3
North East +20 4 £400 -25.23% 1
South West +23 2 £500 -29.82%
East Midlands +19 1 £525 - 1
Wales - 1 £550 -

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

For the 6 months to 4 May 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 featuring Functional Consultant in the job title.

1 117 (40.63%) Finance
2 104 (36.11%) SAP
3 102 (35.42%) Social Skills
4 72 (25.00%) Dynamics 365
5 71 (24.65%) Oracle
6 63 (21.88%) Microsoft
7 51 (17.71%) Analytical Skills
8 42 (14.58%) Problem-Solving
9 41 (14.24%) Stakeholder Management
10 38 (13.19%) Agile
11 37 (12.85%) SAP S/4HANA
12 35 (12.15%) Azure
13 31 (10.76%) Public Sector
14 30 (10.42%) Oracle EBS
15 29 (10.07%) Logistics
16 28 (9.72%) Power Platform
17 27 (9.38%) DevOps
18 26 (9.03%) Azure DevOps
19 25 (8.68%) Requirements Gathering
19 25 (8.68%) Oracle EBS R12
20 23 (7.99%) CRM
20 23 (7.99%) Customer Service
21 22 (7.64%) Procure-to-Pay
22 20 (6.94%) Project Delivery
22 20 (6.94%) E-business
22 20 (6.94%) Migration
23 19 (6.60%) Data Modelling
23 19 (6.60%) Degree
23 19 (6.60%) Oracle Procure-to-Pay
24 18 (6.25%) Data Migration

Functional Consultant Skill Set
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:

Application Platforms
1 3 (1.04%) Adobe Experience Manager
1 3 (1.04%) SharePoint
2 2 (0.69%) Oracle SOA Suite
3 1 (0.35%) Oracle Workflow
Applications
1 2 (0.69%) Microsoft Office
2 1 (0.35%) Microsoft Excel
2 1 (0.35%) Microsoft Project
Business Applications
1 37 (12.85%) SAP S/4HANA
2 30 (10.42%) Oracle EBS
3 25 (8.68%) Oracle EBS R12
4 19 (6.60%) Oracle Procure-to-Pay
5 16 (5.56%) Dynamics CRM
6 15 (5.21%) Maximo
6 15 (5.21%) Oracle Payables
6 15 (5.21%) Oracle Receivables
7 14 (4.86%) SAP MDG
8 12 (4.17%) Dynamics AX
9 11 (3.82%) SAP SD
10 10 (3.47%) Oracle Cash Management
11 9 (3.13%) SAP BRIM
11 9 (3.13%) SAP Hybris
11 9 (3.13%) SAP PSCD
12 6 (2.08%) Oracle Subledger Accounting
12 6 (2.08%) Sage 200
12 6 (2.08%) Sage 50
12 6 (2.08%) SAP FI
13 5 (1.74%) Oracle Assets
Cloud Services
1 72 (25.00%) Dynamics 365
2 35 (12.15%) Azure
3 28 (9.72%) Power Platform
4 26 (9.03%) Azure DevOps
5 17 (5.90%) Power Automate
6 13 (4.51%) OCI
7 11 (3.82%) SuccessFactors
8 9 (3.13%) SAP Commerce Cloud
9 6 (2.08%) Microsoft 365
9 6 (2.08%) PowerApps
10 3 (1.04%) SaaS
11 1 (0.35%) Azure Data Factory
11 1 (0.35%) Oracle CX
11 1 (0.35%) Oracle Service Cloud
11 1 (0.35%) Salesforce Sales Cloud
11 1 (0.35%) Salesforce Service Cloud
11 1 (0.35%) WhatsApp
Database & Business Intelligence
1 16 (5.56%) Power BI
2 13 (4.51%) Data Lake
3 6 (2.08%) Oracle Reports
4 3 (1.04%) SAP HANA
5 2 (0.69%) Oracle BI Publisher
5 2 (0.69%) Oracle Database
6 1 (0.35%) SAP BW
6 1 (0.35%) Siebel EIM
6 1 (0.35%) SQL Server Integration Services
Development Applications
1 10 (3.47%) Oracle Forms
2 3 (1.04%) JIRA
General
1 117 (40.63%) Finance
2 102 (35.42%) Social Skills
3 51 (17.71%) Analytical Skills
4 31 (10.76%) Public Sector
5 15 (5.21%) Billing
5 15 (5.21%) Manufacturing
6 14 (4.86%) Retail
7 13 (4.51%) Marketing
8 10 (3.47%) Telecoms
9 9 (3.13%) General Ledger
10 8 (2.78%) Law
10 8 (2.78%) Pharmaceutical
11 7 (2.43%) Documentation Skills
11 7 (2.43%) Legal
12 4 (1.39%) Banking
12 4 (1.39%) Influencing Skills
12 4 (1.39%) Presentation Skills
13 3 (1.04%) Publishing
14 2 (0.69%) Investment Banking
15 1 (0.35%) French Language
Libraries, Frameworks & Software Standards
1 12 (4.17%) Oracle Fusion
2 6 (2.08%) Lightning Web Components
2 6 (2.08%) Middleware
2 6 (2.08%) Web Services
3 5 (1.74%) SAP Fiori
4 4 (1.39%) SAP ALE
5 3 (1.04%) IDoc
5 3 (1.04%) Visualforce
5 3 (1.04%) Web Dynpro
6 2 (0.69%) EDI
7 1 (0.35%) ADO
7 1 (0.35%) BAPI
7 1 (0.35%) CSS
7 1 (0.35%) HTML
7 1 (0.35%) WebCenter
7 1 (0.35%) XML
Miscellaneous
1 8 (2.78%) Life Science
1 8 (2.78%) Product Ownership
2 7 (2.43%) Data Structures
3 6 (2.08%) Renewable Energy
4 5 (1.74%) Replication
5 3 (1.04%) Enterprise Software
5 3 (1.04%) Legacy Systems
5 3 (1.04%) Onboarding
6 2 (0.69%) Analytical Mindset
6 2 (0.69%) e-Learning
6 2 (0.69%) Hedge funds
6 2 (0.69%) Management Information System
6 2 (0.69%) Solar Panel
7 1 (0.35%) Data Protection Act
7 1 (0.35%) FMCG
7 1 (0.35%) Hybrid Cloud
7 1 (0.35%) Self-Motivation
7 1 (0.35%) Tandem
7 1 (0.35%) Taxonomies
Processes & Methodologies
1 42 (14.58%) Problem-Solving
2 41 (14.24%) Stakeholder Management
3 38 (13.19%) Agile
4 29 (10.07%) Logistics
5 27 (9.38%) DevOps
6 25 (8.68%) Requirements Gathering
7 23 (7.99%) CRM
7 23 (7.99%) Customer Service
8 22 (7.64%) Procure-to-Pay
9 20 (6.94%) E-business
9 20 (6.94%) Migration
9 20 (6.94%) Project Delivery
10 19 (6.60%) Data Modelling
11 18 (6.25%) Data Migration
12 17 (5.90%) Accounts Payable
12 17 (5.90%) Business Intelligence
12 17 (5.90%) ERP
12 17 (5.90%) Workshop Facilitation
13 16 (5.56%) Accounts Receivable
13 16 (5.56%) User Stories
Programming Languages
1 18 (6.25%) ABAP
2 5 (1.74%) SQL
3 4 (1.39%) PL/SQL
4 1 (0.35%) JavaScript
Qualifications
1 19 (6.60%) Degree
2 18 (6.25%) Security Cleared
3 17 (5.90%) SC Cleared
4 13 (4.51%) Microsoft Certification
5 5 (1.74%) BPSS Clearance
6 4 (1.39%) DV Cleared
7 2 (0.69%) Computer Science Degree
7 2 (0.69%) Oracle Certification
7 2 (0.69%) PMP
8 1 (0.35%) CBAP
8 1 (0.35%) PMI Certification
8 1 (0.35%) SAP Certification
8 1 (0.35%) Siebel Certification
8 1 (0.35%) Six Sigma Black Belt
8 1 (0.35%) Six Sigma Green Belt
Quality Assurance & Compliance
1 5 (1.74%) QA
2 2 (0.69%) GDPR
3 1 (0.35%) Data Quality
3 1 (0.35%) Disclosure Scotland
3 1 (0.35%) ITGC
3 1 (0.35%) PMO
3 1 (0.35%) Sarbanes-Oxley
Systems Management
1 2 (0.69%) CEMLI
Vendors
1 104 (36.11%) SAP
2 71 (24.65%) Oracle
3 63 (21.88%) Microsoft
4 14 (4.86%) Salesforce
5 9 (3.13%) Ariba
6 6 (2.08%) Sage
7 3 (1.04%) Adobe
7 3 (1.04%) MuleSoft
8 2 (0.69%) Conga
8 2 (0.69%) DocuSign
8 2 (0.69%) JD Edwards
8 2 (0.69%) ServiceNow
9 1 (0.35%) CA
9 1 (0.35%) Cadence
9 1 (0.35%) Cognos
9 1 (0.35%) Concur
9 1 (0.35%) IBM
9 1 (0.35%) JDA
9 1 (0.35%) Kronos
9 1 (0.35%) Siebel
74 Functional Consultant jobs Nationwide