Period
to 21 January 2018

The median contractor rate for a Buyer was £263 per day in advertised job vacancies in England during the 6 months to 21 January 2018.

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.

Buyer
UK > England
6 months to
21 Jan 2018
Same period 2017 Same period 2016
Rank 811 812 835
Rank change year-on-year +1 +23 -10
Contract jobs requiring a Buyer 15 7 15
As % of all contract IT jobs advertised in England 0.016% 0.008% 0.015%
As % of the Job Titles category 0.017% 0.008% 0.016%
Number of daily rates quoted 11 4 8
England median daily rate £263 £375 £350
Median daily rate % change year-on-year -30.00% +7.14% -20.00%
10th Percentile £213 £323 £253
90th Percentile £475 £410 £399
UK median daily rate £263 £375 £350
% change year-on-year -30.00% +7.14% -20.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in England. 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
England
Contract vacancies in England with a recognized job title 86,123 84,539 94,129
% of contract IT jobs with a recognized job title 94.73% 94.77% 95.05%
Number of daily rates quoted 57,769 55,671 60,919
England median daily rate £450 £425 £415
Median daily rate % change year-on-year +5.88% +2.41% +3.75%
10th Percentile £263 £256 £250
90th Percentile £638 £613 £600
UK median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 2,512 2,900 3,587
England median hourly rate £18.44 £18.50 £18.50
Median hourly rate % change year-on-year -0.34% - +12.12%
10th Percentile £10.75 £10.50 £10.50
90th Percentile £47.83 £47.00 £46.75
UK median hourly rate £18.50 £18.00 £19.00
% change year-on-year +2.78% -5.26% +15.15%

Buyer
Job Vacancy Trend in England

Job postings that featured Buyer in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Buyer in England

Buyer
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Buyer in England.

Contractor daily rate trend for Buyer in England

Buyer
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Buyer in England over the 6 months to 21 January 2018.

Contractor daily rate histogram for Buyer in England

Buyer
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Buyer in England.

Contractor hourly rate trend for Buyer in England

Buyer
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Buyer within the England region over the 6 months to 21 January 2018. 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
Job
Vacancies
North of England +52 6 £225 - 5
North West - 6 £225 - 2
London -41 4 £464 +32.57% 2
Midlands +13 2 - - 2
East Midlands +6 2 - - 1
East of England -7 2 £343 - 1
South East - 1 £450 - 1
Buyer
UK

Buyer Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 21 January 2018, Buyer 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 England region featuring Buyer in the job title.

1 6 (40.00%) Microsoft
1 6 (40.00%) Finance
2 5 (33.33%) Microsoft Office
2 5 (33.33%) Stakeholder Engagement
3 4 (26.67%) Contract Management
3 4 (26.67%) GDPR
3 4 (26.67%) Telecoms
3 4 (26.67%) Stakeholder Management
3 4 (26.67%) Degree
4 2 (13.33%) Law
4 2 (13.33%) SAP
4 2 (13.33%) Stakeholder and Relationship Management
4 2 (13.33%) Procure-to-Pay
4 2 (13.33%) Analytical Skills
5 1 (6.67%) Blog
5 1 (6.67%) Remedy ITSM
5 1 (6.67%) SC Cleared
5 1 (6.67%) Security Cleared
5 1 (6.67%) Financial Analysis
5 1 (6.67%) ServiceNow
5 1 (6.67%) Oracle Payables
5 1 (6.67%) Software Asset Management
5 1 (6.67%) Microsoft Excel
5 1 (6.67%) MS Access
5 1 (6.67%) BMC
5 1 (6.67%) Remedy
5 1 (6.67%) ITSM
5 1 (6.67%) Legal
5 1 (6.67%) Oracle
5 1 (6.67%) Asset Management

Buyer Skill Set
Co-occurring IT Skills in England 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:

Applications
1 5 (33.33%) Microsoft Office
2 1 (6.67%) Microsoft Excel
Business Applications
1 1 (6.67%) Oracle Payables
1 1 (6.67%) Remedy ITSM
Database & Business Intelligence
1 1 (6.67%) MS Access
General
1 6 (40.00%) Finance
2 4 (26.67%) Telecoms
3 2 (13.33%) Law
4 1 (6.67%) Legal
Miscellaneous
1 2 (13.33%) Analytical Skills
2 1 (6.67%) Blog
Processes & Methodologies
1 5 (33.33%) Stakeholder Engagement
2 4 (26.67%) Contract Management
2 4 (26.67%) Stakeholder Management
3 2 (13.33%) Procure-to-Pay
3 2 (13.33%) Stakeholder and Relationship Management
4 1 (6.67%) Asset Management
4 1 (6.67%) Financial Analysis
4 1 (6.67%) ITSM
4 1 (6.67%) Software Asset Management
Qualifications
1 4 (26.67%) Degree
2 1 (6.67%) SC Cleared
2 1 (6.67%) Security Cleared
Quality Assurance & Compliance
1 4 (26.67%) GDPR
Vendors
1 6 (40.00%) Microsoft
2 2 (13.33%) SAP
3 1 (6.67%) BMC
3 1 (6.67%) Oracle
3 1 (6.67%) Remedy
3 1 (6.67%) ServiceNow