Functional Consultant Contracts

Functional Consultant
UK

The median Functional Consultant daily rate in the UK is £577 according to job vacancies posted during the 6 months to 8 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
8 May 2024
Same period 2023 Same period 2022
Rank 315 492 551
Rank change year-on-year +177 +59 -84
Contract jobs requiring a Functional Consultant 288 203 310
As % of all contract jobs advertised in the UK 0.67% 0.35% 0.35%
As % of the Job Titles category 0.72% 0.37% 0.37%
Number of daily rates quoted 192 113 170
10th Percentile £450 £463 £425
25th Percentile £509 £500 £506
Median daily rate (50th Percentile) £577 £550 £550
Median % change year-on-year +4.91% - +4.76%
75th Percentile £632 £625 £625
90th Percentile £688 £687 £663
UK excluding London median daily rate £550 £525 £593
% change year-on-year +4.76% -11.39% +12.86%
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 39,991 54,978 83,963
% of contract IT jobs with a recognized job title 92.74% 94.64% 95.46%
Number of daily rates quoted 26,011 38,395 59,001
10th Percentile £280 £313 £313
25th Percentile £410 £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 2,675 1,545 2,052
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.28 £19.25 £15.63
Median hourly rate £36.65 £45.00 £23.91
Median % change year-on-year -18.56% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.74 £76.40 £63.75
UK excluding London median hourly rate £40.00 £42.50 £19.52
% change year-on-year -5.88% +117.73% +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 8 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 8 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 +148 229 £550 - 57
Work from Home +167 143 £582 +5.85% 44
London +147 127 £569 -1.09% 14
UK excluding London +88 95 £550 +4.76% 35
South East +23 42 £603 +2.82% 6
North of England +20 20 £525 +5.00% 6
East of England +18 16 £538 +26.47% 7
Midlands +28 11 £563 +7.14% 14
North West +18 10 £525 +5.00% 3
Scotland +49 8 £550 +13.52% 1
Yorkshire +24 7 £450 -10.00% 2
West Midlands +24 7 £575 - 13
North East +17 4 £400 -25.23% 1
South West +20 3 £485 -31.93%
East Midlands +16 1 £525 - 1
Wales - 1 £550 -

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

For the 6 months to 8 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.

1 115 (39.93%) Finance
2 101 (35.07%) SAP
3 99 (34.38%) Social Skills
4 73 (25.35%) Dynamics 365
5 71 (24.65%) Oracle
6 63 (21.88%) Microsoft
7 52 (18.06%) Analytical Skills
8 42 (14.58%) Problem-Solving
9 41 (14.24%) Stakeholder Management
10 39 (13.54%) Agile
11 35 (12.15%) Azure
11 35 (12.15%) SAP S/4HANA
12 30 (10.42%) Public Sector
12 30 (10.42%) Oracle EBS
13 29 (10.07%) Logistics
14 28 (9.72%) Power Platform
15 27 (9.38%) DevOps
16 26 (9.03%) Azure DevOps
17 25 (8.68%) Oracle EBS R12
18 23 (7.99%) CRM
18 23 (7.99%) Requirements Gathering
18 23 (7.99%) Customer Service
19 22 (7.64%) Procure-to-Pay
20 20 (6.94%) Project Delivery
20 20 (6.94%) E-business
20 20 (6.94%) Degree
21 19 (6.60%) Data Modelling
21 19 (6.60%) Oracle Procure-to-Pay
22 18 (6.25%) Migration
23 17 (5.90%) Manufacturing

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 35 (12.15%) 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 12 (4.17%) Dynamics AX
7 12 (4.17%) SAP MDG
8 10 (3.47%) Oracle Cash Management
9 9 (3.13%) SAP SD
10 8 (2.78%) SAP BRIM
10 8 (2.78%) SAP Hybris
10 8 (2.78%) SAP PSCD
11 6 (2.08%) Oracle Subledger Accounting
11 6 (2.08%) Sage 200
11 6 (2.08%) Sage 50
11 6 (2.08%) SAP FI
12 5 (1.74%) Oracle Assets
Cloud Services
1 73 (25.35%) 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 8 (2.78%) 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
1 115 (39.93%) Finance
2 99 (34.38%) Social Skills
3 52 (18.06%) Analytical Skills
4 30 (10.42%) Public Sector
5 17 (5.90%) Manufacturing
6 14 (4.86%) Billing
7 13 (4.51%) Marketing
7 13 (4.51%) Retail
8 9 (3.13%) General Ledger
8 9 (3.13%) Telecoms
9 8 (2.78%) Law
9 8 (2.78%) Pharmaceutical
10 7 (2.43%) Documentation Skills
11 6 (2.08%) 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%) SAP TM
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%) Mobile App
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 39 (13.54%) Agile
4 29 (10.07%) Logistics
5 27 (9.38%) DevOps
6 23 (7.99%) CRM
6 23 (7.99%) Customer Service
6 23 (7.99%) Requirements Gathering
7 22 (7.64%) Procure-to-Pay
8 20 (6.94%) E-business
8 20 (6.94%) Project Delivery
9 19 (6.60%) Data Modelling
10 18 (6.25%) Migration
11 17 (5.90%) Accounts Payable
11 17 (5.90%) Business Intelligence
11 17 (5.90%) ERP
12 16 (5.56%) Accounts Receivable
12 16 (5.56%) Data Migration
12 16 (5.56%) User Stories
12 16 (5.56%) Workshop Facilitation
Programming Languages
1 16 (5.56%) ABAP
2 5 (1.74%) SQL
3 4 (1.39%) PL/SQL
4 1 (0.35%) JavaScript
Qualifications
1 20 (6.94%) Degree
2 17 (5.90%) Security Cleared
3 16 (5.56%) SC Cleared
4 13 (4.51%) Microsoft Certification
5 4 (1.39%) BPSS Clearance
5 4 (1.39%) DV Cleared
6 2 (0.69%) Computer Science Degree
6 2 (0.69%) Oracle Certification
6 2 (0.69%) PMP
7 1 (0.35%) CBAP
7 1 (0.35%) PMI Certification
7 1 (0.35%) SAP Certification
7 1 (0.35%) Siebel Certification
7 1 (0.35%) Six Sigma Black Belt
7 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
1 101 (35.07%) SAP
2 71 (24.65%) Oracle
3 63 (21.88%) Microsoft
4 15 (5.21%) Salesforce
5 9 (3.13%) Ariba
6 6 (2.08%) Sage
7 3 (1.04%) Adobe
7 3 (1.04%) MuleSoft
7 3 (1.04%) ServiceNow
8 2 (0.69%) Conga
8 2 (0.69%) DocuSign
8 2 (0.69%) JD Edwards
9 1 (0.35%) CA
9 1 (0.35%) Cadence
9 1 (0.35%) Cognos
9 1 (0.35%) Concur
9 1 (0.35%) IFS
9 1 (0.35%) JDA
9 1 (0.35%) Kronos
9 1 (0.35%) Syclo