Cost Reduction Contracts with Work from Home Options

Cost Reduction
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for Cost Reduction skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cost Reduction over the 6 months to 12 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
12 May 2024
Same period 2023 Same period 2022
Rank 317 441 496
Rank change year-on-year +124 +55 -55
Contract jobs citing Cost Reduction 35 25 132
As % of all contract jobs with a WFH option 0.23% 0.099% 0.30%
As % of the Processes & Methodologies category 0.26% 0.11% 0.33%
Number of daily rates quoted 20 13 71
10th Percentile £462 £471 £400
25th Percentile £525 £475 £463
Median daily rate (50th Percentile) £575 £538 £575
Median % change year-on-year +6.98% -6.52% +15.58%
75th Percentile £694 £725 £676
90th Percentile £753 £815 £730
UK median daily rate £600 £500 £550
% change year-on-year +20.00% -9.09% +18.92%
Number of hourly rates quoted 0 0 5
10th Percentile - - £12.60
25th Percentile - - £12.75
Median hourly rate - - £16.00
75th Percentile - - £42.75
90th Percentile - - £45.43
UK median hourly rate £60.50 - £35.50
% change year-on-year - - +39.22%

All Process and Methodology Skills
Work from Home

Cost Reduction 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 WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,241 22,603 40,082
As % of all contract jobs with a WFH option 88.03% 89.73% 91.06%
Number of daily rates quoted 8,876 15,973 29,084
10th Percentile £325 £363 £363
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £631
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.48%
Number of hourly rates quoted 571 519 538
10th Percentile £15.00 £18.63 £14.18
25th Percentile £25.50 £29.31 £20.56
Median hourly rate £43.00 £53.35 £35.50
Median % change year-on-year -19.40% +50.28% +44.90%
75th Percentile £60.00 £68.75 £57.50
90th Percentile £75.25 £80.00 £70.60
UK median hourly rate £36.50 £36.00 £25.68
% change year-on-year +1.39% +40.19% +4.82%

Cost Reduction
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Cost Reduction as a proportion of all IT jobs advertised.

Cost Reduction trend for jobs with a WFH option

Cost Reduction
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Cost Reduction.

Cost Reduction daily rate for jobs with a WFH option

Cost Reduction
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Cost Reduction over the 6 months to 12 May 2024.

Cost Reduction daily rate histogram for jobs with a WFH option

Cost Reduction
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Cost Reduction.

Cost Reduction hourly rate for jobs with a WFH option

Cost Reduction
Co-occurring Skills and Capabilities with WFH Options 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 4 (11.43%) Apache Solr
1 4 (11.43%) nginx
2 2 (5.71%) Apache Spark
2 2 (5.71%) SharePoint
3 1 (2.86%) CMS
Applications
1 2 (5.71%) Microsoft Excel
1 2 (5.71%) Microsoft PowerPoint
2 1 (2.86%) Microsoft Office
2 1 (2.86%) Microsoft Project
2 1 (2.86%) MS Visio
Cloud Services
1 7 (20.00%) AWS
1 7 (20.00%) GCP
2 3 (8.57%) Google Analytics
3 2 (5.71%) Apigee
3 2 (5.71%) Azure
3 2 (5.71%) Google Tag Manager
3 2 (5.71%) SaaS
4 1 (2.86%) GitHub
4 1 (2.86%) Google Workspace
Communications & Networking
1 4 (11.43%) DNS
1 4 (11.43%) HTTPS
1 4 (11.43%) IPsec
1 4 (11.43%) TCP/IP
2 2 (5.71%) SSL
Database & Business Intelligence
1 4 (11.43%) Couchbase
1 4 (11.43%) MySQL
1 4 (11.43%) NoSQL
2 2 (5.71%) Apache Cassandra
2 2 (5.71%) BigQuery
3 1 (2.86%) Azkaban
3 1 (2.86%) Metadata
3 1 (2.86%) MongoDB
3 1 (2.86%) Spark SQL
Development Applications
1 2 (5.71%) gulp
1 2 (5.71%) Jenkins
1 2 (5.71%) Maven
2 1 (2.86%) RStudio
General
1 14 (40.00%) Finance
2 12 (34.29%) Social Skills
3 9 (25.71%) Public Sector
4 5 (14.29%) Law
5 4 (11.43%) Legal
6 3 (8.57%) Analytical Skills
6 3 (8.57%) Inclusion and Diversity
6 3 (8.57%) Military
7 2 (5.71%) Billing
8 1 (2.86%) Dutch Language
8 1 (2.86%) Marketing
8 1 (2.86%) Retail
Job Titles
1 9 (25.71%) IT Manager
2 8 (22.86%) Vendor Manager
3 6 (17.14%) Architect
3 6 (17.14%) Commercial Manager
4 4 (11.43%) AWS Architect
4 4 (11.43%) Cloud Architect
4 4 (11.43%) DevOps Engineer
4 4 (11.43%) Senior
4 4 (11.43%) Technical Architect
5 2 (5.71%) Analyst
5 2 (5.71%) Business Architect
5 2 (5.71%) Designer
5 2 (5.71%) Developer
5 2 (5.71%) Performance Analyst
5 2 (5.71%) Senior Analyst
5 2 (5.71%) Senior Performance Analyst
5 2 (5.71%) User Researcher
6 1 (2.86%) Java Developer
6 1 (2.86%) Product Manager
6 1 (2.86%) Service Manager
Libraries, Frameworks & Software Standards
1 4 (11.43%) JSON
1 4 (11.43%) LEMP Stack
1 4 (11.43%) RabbitMQ
1 4 (11.43%) YAML
2 2 (5.71%) .NET
2 2 (5.71%) Node.js
2 2 (5.71%) OAuth
2 2 (5.71%) OpenID
2 2 (5.71%) RESTful
2 2 (5.71%) SAML
3 1 (2.86%) Kafka
3 1 (2.86%) Middleware
3 1 (2.86%) PySpark
Miscellaneous
1 8 (22.86%) Data Centre
2 6 (17.14%) Management Information System
3 5 (14.29%) Product Ownership
4 4 (11.43%) Cloud Native
5 2 (5.71%) Mobile App
6 1 (2.86%) Enterprise Software
6 1 (2.86%) Hybrid Cloud
6 1 (2.86%) IoT
6 1 (2.86%) Team-Oriented Environment
Operating Systems
1 4 (11.43%) CentOS
1 4 (11.43%) Linux
2 2 (5.71%) Android
2 2 (5.71%) Apple iOS
Processes & Methodologies
1 12 (34.29%) Agile
2 6 (17.14%) Configuration Management
2 6 (17.14%) Problem-Solving
2 6 (17.14%) SDLC
3 5 (14.29%) CI/CD
3 5 (14.29%) Migration
4 4 (11.43%) Acceptance Criteria
4 4 (11.43%) Analytics
4 4 (11.43%) Continuous Improvement
4 4 (11.43%) Decision-Making
4 4 (11.43%) Design Patterns
4 4 (11.43%) DevOps
4 4 (11.43%) Information Security
4 4 (11.43%) Infrastructure as Code
4 4 (11.43%) Microservices
4 4 (11.43%) Risk Assessment
4 4 (11.43%) Roadmaps
4 4 (11.43%) Software Delivery
4 4 (11.43%) User Stories
5 3 (8.57%) Service Design
Programming Languages
1 4 (11.43%) PHP
1 4 (11.43%) Python
1 4 (11.43%) SQL
2 3 (8.57%) Java
3 2 (5.71%) JavaScript
3 2 (5.71%) R
4 1 (2.86%) Bash
4 1 (2.86%) PowerShell
Qualifications
1 10 (28.57%) SC Cleared
1 10 (28.57%) Security Cleared
2 1 (2.86%) Degree
2 1 (2.86%) PMI Certification
2 1 (2.86%) PMP
Quality Assurance & Compliance
1 8 (22.86%) QA
2 4 (11.43%) GDPR
2 4 (11.43%) HIPAA
2 4 (11.43%) ISO/IEC 27001
2 4 (11.43%) NIST
3 2 (5.71%) Actionable Recommendations
Systems Management
1 6 (17.14%) Ansible
2 4 (11.43%) Kubernetes
2 4 (11.43%) Terraform
3 1 (2.86%) SCCM
Vendors
1 9 (25.71%) Google
2 3 (8.57%) Microsoft
3 1 (2.86%) Cognizant
3 1 (2.86%) Databricks
3 1 (2.86%) TOWER Software