Cost Reduction Contracts in Central London

Cost Reduction
London > Central London

The table below provides summary statistics for contract job vacancies advertised in Central London requiring Cost Reduction skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Cost Reduction over the 6 months leading up to 27 August 2025, comparing them to the same period in the previous two years.

6 months to
27 Aug 2025
Same period 2024 Same period 2023
Rank 125 - 164
Rank change year-on-year - - +17
DemandTrendContract jobs citing Cost Reduction 6 0 5
As % of all contract jobs advertised in Central London 0.30% - 0.15%
As % of the Processes & Methodologies category 0.32% - 0.16%
Number of daily rates quoted 3 0 4
10th Percentile £428 - £168
25th Percentile £464 - £201
Median daily rate (50th Percentile) £550 - £435
Median % change year-on-year - - -31.06%
75th Percentile £575 - £650
90th Percentile - - -
London median daily rate £496 £688 £625
% change year-on-year -27.82% +10.00% -

All Process and Methodology Skills
Central London

Cost Reduction falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in Central London.

DemandTrendContract vacancies with a requirement for process or methodology skills 1,868 2,121 3,117
As % of all contract IT jobs advertised in Central London 93.96% 91.86% 90.69%
Number of daily rates quoted 1,240 1,417 2,148
10th Percentile £316 £372 £350
25th Percentile £421 £463 £467
Median daily rate (50th Percentile) £550 £575 £600
Median % change year-on-year -4.35% -4.17% +4.35%
75th Percentile £675 £688 £705
90th Percentile £775 £788 £813
London median daily rate £538 £550 £575
% change year-on-year -2.27% -4.35% -
Number of hourly rates quoted 33 21 17
10th Percentile £19.05 £16.00 £14.25
25th Percentile £23.75 £20.50 £15.25
Median hourly rate £29.07 £27.00 £35.00
Median % change year-on-year +7.67% -22.86% -17.65%
75th Percentile £50.75 £61.25 £42.32
90th Percentile £63.75 £137.50 £59.30
London median hourly rate £30.75 £35.00 £40.00
% change year-on-year -12.16% -12.50% +6.67%

Cost Reduction
Job Vacancy Trend in Central London

Job postings citing Cost Reduction as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Cost Reduction in Central London

Cost Reduction
Daily Rate Trend in Central London

Contractor daily rate distribution trend for jobs in Central London citing Cost Reduction.

Contractor daily rate distribution trend for jobs in Central London citing Cost Reduction

Cost Reduction
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Cost Reduction in Central London over the 6 months to 27 August 2025.

Daily rate histogram for Cost Reduction in Central London

Cost Reduction
Hourly Rate Trend in Central London

Contractor hourly rate distribution trend for jobs in Central London citing Cost Reduction.

Contractor hourly rate distribution trend for jobs in Central London citing Cost Reduction

Cost Reduction
DemandTrendContract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cost Reduction within the Central London region over the 6 months to 27 August 2025. 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
DemandTrendContract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London - 6 £550 - 9
Cost Reduction
London

Cost Reduction
Co-occurring Skills and Capabilities in Central 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:

Application Platforms
1 1 (16.67%) CICS
Cloud Services
1 2 (33.33%) SaaS
General
1 4 (66.67%) Legal
2 3 (50.00%) Finance
2 3 (50.00%) Social Skills
3 2 (33.33%) Inclusion and Diversity
3 2 (33.33%) Marketing
Job Titles
1 2 (33.33%) IT Manager
1 2 (33.33%) Procurement Manager
2 1 (16.67%) Analyst
2 1 (16.67%) Business Analyst
2 1 (16.67%) Category Manager
2 1 (16.67%) CICS Programmer
2 1 (16.67%) CICS Systems Programmer
2 1 (16.67%) IT Project Manager
2 1 (16.67%) Mainframe Programmer
2 1 (16.67%) Mainframe Support
2 1 (16.67%) Mainframe Systems Programmer
2 1 (16.67%) Programmer
2 1 (16.67%) Project Manager
2 1 (16.67%) Systems Programmer
2 1 (16.67%) Systems Support
2 1 (16.67%) Technical Analyst
2 1 (16.67%) Technical Business Analyst
Miscellaneous
1 2 (33.33%) Onboarding
2 1 (16.67%) Mainframe
Operating Systems
1 1 (16.67%) zOS
Processes & Methodologies
1 3 (50.00%) Contract Negotiation
1 3 (50.00%) Stakeholder Management
2 2 (33.33%) Collaborative Working
2 2 (33.33%) Data Enrichment
2 2 (33.33%) Indirect Procurement
2 2 (33.33%) Stakeholder and Relationship Management
3 1 (16.67%) GAP Analysis
3 1 (16.67%) High Availability
3 1 (16.67%) ITIL
3 1 (16.67%) Migration
3 1 (16.67%) Problem Management
3 1 (16.67%) Project Management
3 1 (16.67%) Root Cause Analysis
3 1 (16.67%) Runbook
3 1 (16.67%) Stakeholder Engagement
3 1 (16.67%) Supplier Management
3 1 (16.67%) Technical Analysis
3 1 (16.67%) Traceability Matrix
3 1 (16.67%) Translating Business Requirements
3 1 (16.67%) User Acceptance Testing
Programming Languages
1 1 (16.67%) C#
Quality Assurance & Compliance
1 2 (33.33%) SLA
2 1 (16.67%) GDPR
2 1 (16.67%) QA
System Software
1 1 (16.67%) RACF
Systems Management
1 1 (16.67%) OMEGAMON