Cost Optimisation Contracts in the City of London

Cost Optimization
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of London requiring Cost Optimisation skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Cost Optimisation over the 6 months leading up to 25 June 2025, comparing them to the same period in the previous two years.

6 months to
25 Jun 2025
Same period 2024 Same period 2023
Rank 119 123 172
Rank change year-on-year +4 +49 +9
Contract jobs citing Cost Optimisation 4 2 1
As % of all contract jobs advertised in the City of London 0.23% 0.093% 0.029%
As % of the Processes & Methodologies category 0.25% 0.10% 0.032%
Number of daily rates quoted 1 0 1
10th Percentile - - -
25th Percentile £541 - £413
Median daily rate (50th Percentile) £557 - £425
Median % change year-on-year - - -22.73%
75th Percentile £574 - £438
90th Percentile - - -
Central London median daily rate £557 £525 £425
% change year-on-year +6.16% +23.53% -22.73%

All Process and Methodology Skills
City of London

Cost Optimisation 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 the City of London.

Contract vacancies with a requirement for process or methodology skills 1,631 1,958 3,127
As % of all contract IT jobs advertised in the City of London 93.74% 90.77% 91.19%
Number of daily rates quoted 1,042 1,364 2,091
10th Percentile £350 £363 £350
25th Percentile £450 £463 £481
Median daily rate (50th Percentile) £550 £575 £600
Median % change year-on-year -4.35% -4.17% +4.35%
75th Percentile £688 £688 £725
90th Percentile £775 £800 £825
Central London median daily rate £550 £550 £600
% change year-on-year - -8.33% +5.26%
Number of hourly rates quoted 17 14 25
10th Percentile £19.80 £20.01 £14.25
25th Percentile £24.66 £20.29 £16.61
Median hourly rate £31.00 £26.63 £35.00
Median % change year-on-year +16.43% -23.93% -18.13%
75th Percentile £56.75 £40.00 £53.75
90th Percentile £73.75 £47.73 £88.30
Central London median hourly rate £31.00 £27.81 £35.00
% change year-on-year +11.47% -20.54% -16.67%

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.

Job vacancy trend for Cost Optimisation 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.

Daily rate trend for Cost Optimisation in the City of London

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:

Applications
1 1 (25.00%) Microsoft Office
1 1 (25.00%) Microsoft PowerPoint
Cloud Services
1 1 (25.00%) OCI
1 1 (25.00%) Power Platform
1 1 (25.00%) SaaS
Database & Business Intelligence
1 1 (25.00%) Power BI
General
1 4 (100.00%) Finance
2 2 (50.00%) Analytical Skills
3 1 (25.00%) Banking
3 1 (25.00%) Financial Institution
3 1 (25.00%) Inclusion and Diversity
3 1 (25.00%) Legal
3 1 (25.00%) Organisational Skills
3 1 (25.00%) Social Skills
Job Titles
1 1 (25.00%) Analyst
1 1 (25.00%) IT Manager
1 1 (25.00%) IT Project Manager
1 1 (25.00%) Lead
1 1 (25.00%) Project Manager
1 1 (25.00%) Report Analyst
Processes & Methodologies
1 2 (50.00%) Budget Control
1 2 (50.00%) Decision-Making
1 2 (50.00%) Fintech
1 2 (50.00%) Project Management
1 2 (50.00%) Service Management
1 2 (50.00%) Stakeholder Management
2 1 (25.00%) Continuous Improvement
2 1 (25.00%) Financial Analysis
2 1 (25.00%) FinOps
2 1 (25.00%) IT Strategy
2 1 (25.00%) Mathematics
2 1 (25.00%) Migration
2 1 (25.00%) Operations Management
2 1 (25.00%) Performance Analysis
2 1 (25.00%) Process Improvement
2 1 (25.00%) Project Delivery
2 1 (25.00%) Resource Allocation
2 1 (25.00%) Resource Management
2 1 (25.00%) Risk Assessment
2 1 (25.00%) Service Delivery
Qualifications
1 1 (25.00%) Degree
1 1 (25.00%) Master's Degree
Quality Assurance & Compliance
1 1 (25.00%) GDPR
Vendors
1 1 (25.00%) Oracle