Period
to 23 November 2017

The median contractor rate for a Business Consultant was £550 per day in advertised job vacancies in the City of London during the 6 months to 23 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Business Consultant
Central London > City of London
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 239 235 263
Rank change year-on-year -4 +28 +21
Contract jobs requiring a Business Consultant 9 6 9
As % of all contract IT jobs advertised in the City of London 0.13% 0.090% 0.100%
As % of the Job Titles category 0.13% 0.094% 0.10%
Number of daily rates quoted 6 5 7
City of London median daily rate £550 £550 £575
Median daily rate % change year-on-year - -4.35% +14.89%
10th Percentile £363 £403 £393
90th Percentile £775 £575 £720
Central London median daily rate £525 £500 £575
% change year-on-year +5.00% -13.04% +14.89%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6743 6393 8621
% of contract IT jobs with a recognized job title 94.45% 95.45% 95.32%
Number of daily rates quoted 5331 5074 6774
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 92 78 126
City of London median hourly rate £18.00 £17.38 £18.75
Median hourly rate % change year-on-year +3.60% -7.33% +7.14%
10th Percentile £11.25 £11.50 £10.25
90th Percentile £30.64 £48.12 £39.38
Central London median hourly rate £18.10 £17.08 £18.00
% change year-on-year +5.96% -5.10% +5.88%

Business Consultant
Job Vacancy Trend in the City of London

Job postings that featured Business Consultant in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Business Consultant in the City of London

Business Consultant
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Business Consultant in the City of London.

Contractor daily rate trend for Business Consultant in the City of London

Business Consultant
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Business Consultant in the City of London over the 6 months to 23 November 2017.

Contractor daily rate histogram for Business Consultant in the City of London

Business Consultant Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 23 November 2017, Business Consultant contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Business Consultant in the job title.

1 4 (44.44%) Finance
1 4 (44.44%) Banking
2 3 (33.33%) Asset Management
2 3 (33.33%) Front Office
2 3 (33.33%) SQL
2 3 (33.33%) Business Analysis
2 3 (33.33%) User Acceptance Testing
2 3 (33.33%) Agile Software Development
3 2 (22.22%) Scenario Testing
3 2 (22.22%) OTC Derivatives
3 2 (22.22%) Test Scripting
3 2 (22.22%) General Ledger
3 2 (22.22%) Derivative
3 2 (22.22%) System Testing
3 2 (22.22%) Oracle EBS R12
3 2 (22.22%) Waterfall
3 2 (22.22%) Portfolio Management
3 2 (22.22%) Oracle Payables
3 2 (22.22%) Oracle Assets
3 2 (22.22%) Oracle E-Business Tax
3 2 (22.22%) Analytical Skills
3 2 (22.22%) Oracle
3 2 (22.22%) Back Office
3 2 (22.22%) Oracle EBS
3 2 (22.22%) Charles River
3 2 (22.22%) BPR
3 2 (22.22%) Disaster Recovery
3 2 (22.22%) Validation
3 2 (22.22%) Scrum
4 1 (11.11%) Fixed Income

Business Consultant Skill Set
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 2 (22.22%) Oracle Assets
1 2 (22.22%) Oracle EBS
1 2 (22.22%) Oracle EBS R12
1 2 (22.22%) Oracle E-Business Tax
1 2 (22.22%) Oracle Payables
2 1 (11.11%) Infor CloudSuite
2 1 (11.11%) Infor CloudSuite Industrial (formerly SyteLine)
2 1 (11.11%) Infor LN
2 1 (11.11%) Infor M3
2 1 (11.11%) Movex
2 1 (11.11%) Oracle Financials
2 1 (11.11%) Oracle General Ledger
2 1 (11.11%) Sylvan
General
1 4 (44.44%) Banking
1 4 (44.44%) Finance
2 3 (33.33%) Front Office
3 2 (22.22%) Back Office
3 2 (22.22%) General Ledger
4 1 (11.11%) International Banking
4 1 (11.11%) Investment Banking
4 1 (11.11%) Retail Banking
Miscellaneous
1 2 (22.22%) Analytical Skills
1 2 (22.22%) Derivative
1 2 (22.22%) OTC Derivatives
2 1 (11.11%) Fixed Income
2 1 (11.11%) Foreign Exchange (FX)
2 1 (11.11%) Market Risk
Processes & Methodologies
1 3 (33.33%) Agile Software Development
1 3 (33.33%) Asset Management
1 3 (33.33%) Business Analysis
1 3 (33.33%) User Acceptance Testing
2 2 (22.22%) BPR
2 2 (22.22%) Disaster Recovery
2 2 (22.22%) Portfolio Management
2 2 (22.22%) Scenario Testing
2 2 (22.22%) Scrum
2 2 (22.22%) System Testing
2 2 (22.22%) Test Scripting
2 2 (22.22%) Validation
2 2 (22.22%) Waterfall
3 1 (11.11%) Business Intelligence
3 1 (11.11%) Change Management
3 1 (11.11%) Electronic Trading
3 1 (11.11%) ERP
3 1 (11.11%) GAP Analysis
3 1 (11.11%) Performance Attribution
3 1 (11.11%) Stakeholder Management
Programming Languages
1 3 (33.33%) SQL
Quality Assurance & Compliance
1 1 (11.11%) MiFID
1 1 (11.11%) QA
Vendors
1 2 (22.22%) Charles River
1 2 (22.22%) Oracle
2 1 (11.11%) Baan
2 1 (11.11%) Birst
2 1 (11.11%) BISAM
2 1 (11.11%) FactSet
2 1 (11.11%) Infor
2 1 (11.11%) StatPro