The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Cost Optimisation skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cost Optimisation over the 6 months to 23 April 2024 with a comparison to the same period in the previous 2 years.
6 months to 23 Apr 2024
Same period 2023
Same period 2022
Rank
125
176
184
Rank change year-on-year
+51
+8
-34
Contract jobs citing Cost Optimisation
2
2
18
As % of all contract jobs advertised in the City of London
Cost Optimisation 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 advertised in the City of London with a requirement for process or methodology skills.
Contract vacancies with a requirement for process or methodology skills
2,003
3,368
3,908
As % of all contract IT jobs advertised in the City of London
90.31%
91.80%
91.82%
Number of daily rates quoted
1,417
2,260
2,968
10th Percentile
£356
£350
£388
25th Percentile
£450
£475
£475
Median daily rate (50th Percentile)
£565
£600
£575
Median % change year-on-year
-5.83%
+4.35%
+9.52%
75th Percentile
£688
£725
£675
90th Percentile
£800
£825
£775
Central London median daily rate
£550
£600
£570
% change year-on-year
-8.33%
+5.26%
+8.57%
Number of hourly rates quoted
13
26
40
10th Percentile
£19.13
£15.50
£18.30
25th Percentile
£20.22
£18.93
£23.44
Median hourly rate
£25.00
£43.25
£41.00
Median % change year-on-year
-42.20%
+5.49%
+115.93%
75th Percentile
£40.00
£58.75
£52.00
90th Percentile
£48.57
£88.30
£62.83
Central London median hourly rate
£27.81
£35.00
£41.00
% change year-on-year
-20.54%
-14.63%
+105.00%
Cost Optimisation Job Vacancy Trend in the City of London
Job postings citing Cost Optimisation as a proportion of all IT jobs advertised in the City of London.
Cost Optimisation Contractor Daily Rate Trend in the City of London
3-month moving average daily rate quoted in jobs citing Cost Optimisation in the City of London.
Cost Optimisation Top 6 Co-occurring Skills and Capabilities in the City of London
For the 6 months to 23 April 2024, contractor job vacancies citing Cost Optimisation also mentioned 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 across the City of London region with a requirement for Cost Optimisation.
Cost Optimisation Co-occurring Skills and Capabilities in the City of 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:
