Cost Reduction Contracts in the East of England

Cost Reduction
England > East of England

The following table provides summary statistics for contract job vacancies advertised in the East of England with 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 29 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 105 119 145
Rank change year-on-year +14 +26 -32
Contract jobs citing Cost Reduction 5 4 2
As % of all contract jobs advertised in the East of England 0.26% 0.19% 0.078%
As % of the Processes & Methodologies category 0.30% 0.22% 0.088%
Number of daily rates quoted 2 4 0
Median daily rate (50th Percentile) £560 £513 -
Median % change year-on-year +9.27% - -
England median daily rate £600 £556 £550
% change year-on-year +7.87% +1.14% +18.28%
Number of hourly rates quoted 3 0 0
10th Percentile - - -
25th Percentile £30.70 - -
Median hourly rate £31.80 - -
75th Percentile £56.04 - -
90th Percentile £69.92 - -
England median hourly rate £31.80 - £35.50
% change year-on-year - - +39.22%

All Process and Methodology Skills
East of England

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 advertised in the East of England with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 1,645 1,801 2,263
As % of all contract IT jobs advertised in the East of England 86.13% 87.13% 87.92%
Number of daily rates quoted 709 1,065 1,274
10th Percentile £206 £201 £185
25th Percentile £333 £313 £338
Median daily rate (50th Percentile) £475 £475 £475
Median % change year-on-year - - +11.76%
75th Percentile £575 £600 £550
90th Percentile £675 £700 £650
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +9.14%
Number of hourly rates quoted 605 340 385
10th Percentile £14.16 £13.41 £12.50
25th Percentile £15.39 £14.25 £13.25
Median hourly rate £40.00 £24.62 £15.50
Median % change year-on-year +62.47% +58.84% -13.58%
75th Percentile £62.50 £65.00 £39.55
90th Percentile £75.25 £70.00 £58.75
England median hourly rate £35.83 £37.50 £24.48
% change year-on-year -4.45% +53.20% +1.99%

Cost Reduction
Job Vacancy Trend in the East of England

Job postings citing Cost Reduction as a proportion of all IT jobs advertised in the East of England.

Job vacancy trend for Cost Reduction in the East of England

Cost Reduction
Contractor Daily Rate Trend in the East of England

3-month moving average daily rate quoted in jobs citing Cost Reduction in the East of England.

Daily rate trend for Cost Reduction in the East of England

Cost Reduction
Contractor Hourly Rate Trend in the East of England

3-month moving average hourly rates quoted in jobs citing Cost Reduction in the East of England.

Hourly rate trend for Cost Reduction in the East of England

Cost Reduction
Hourly Rate Histogram in the East of England

Hourly rate distribution of jobs citing Cost Reduction in the East of England over the 6 months to 29 April 2024.

Hourly rate histogram for Cost Reduction in the East of England

Cost Reduction
Contract Job Locations in the East of England

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 East of England region over the 6 months to 29 April 2024. 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
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Bedfordshire - 4 £560 - 4
Suffolk - 1 - - 2
Cost Reduction
England

Cost Reduction
Co-occurring Skills and Capabilities in the East of England 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 2 (40.00%) Microsoft Office
Business Applications
1 2 (40.00%) SAP BPC
1 2 (40.00%) SAP S/4HANA
Cloud Services
1 1 (20.00%) Power Platform
Database & Business Intelligence
1 2 (40.00%) SAP HANA
2 1 (20.00%) Power BI
2 1 (20.00%) SAP BW
General
1 2 (40.00%) Finance
1 2 (40.00%) Manufacturing
1 2 (40.00%) Pharmaceutical
Job Titles
1 2 (40.00%) Lead
1 2 (40.00%) Project Manager
2 1 (20.00%) Consultant
2 1 (20.00%) Senior
2 1 (20.00%) Senior Consultant
Miscellaneous
1 2 (40.00%) Life Science
Processes & Methodologies
1 3 (60.00%) Analytics
1 3 (60.00%) Data Management
1 3 (60.00%) Visualisation
2 2 (40.00%) Artificial Intelligence
2 2 (40.00%) Biotechnology
2 2 (40.00%) Business Analysis
2 2 (40.00%) Business Intelligence
2 2 (40.00%) CAD
2 2 (40.00%) Data Science
2 2 (40.00%) Decision-Making
2 2 (40.00%) Order to Cash
2 2 (40.00%) Procure-to-Pay
2 2 (40.00%) Record to Report
2 2 (40.00%) Supplier Management
2 2 (40.00%) Use Case
2 2 (40.00%) Validation
3 1 (20.00%) Budget Management
3 1 (20.00%) Budget Responsibility
3 1 (20.00%) Data Governance
3 1 (20.00%) Supply Chain Management
Qualifications
1 2 (40.00%) Degree
Quality Assurance & Compliance
1 2 (40.00%) GxP
1 2 (40.00%) Sarbanes-Oxley
2 1 (20.00%) Data Quality
Vendors
1 2 (40.00%) Hyperion
1 2 (40.00%) SAP