Benchmarking Contracts in London

Benchmarking
England > London

The table below provides summary statistics for contract job vacancies advertised in London requiring Benchmarking skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Benchmarking over the 6 months leading up to 21 June 2024, comparing them to the same period in the previous two years.

6 months to
21 Jun 2024
Same period 2023 Same period 2022
Rank 384 409 512
Rank change year-on-year +25 +103 -89
Contract jobs citing Benchmarking 16 73 92
As % of all contract jobs advertised in London 0.090% 0.29% 0.24%
As % of the Processes & Methodologies category 0.10% 0.32% 0.26%
Number of daily rates quoted 11 45 60
10th Percentile £413 £491 £450
25th Percentile £438 £575 £494
Median daily rate (50th Percentile) £500 £650 £556
Median % change year-on-year -23.08% +16.85% +11.25%
75th Percentile £613 £825 £730
90th Percentile £704 £1,188 £925
England median daily rate £469 £650 £550
% change year-on-year -27.88% +18.18% +22.22%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £48.13
Median hourly rate - - £51.25
75th Percentile - - £54.38
90th Percentile - - -
England median hourly rate £15.79 £22.50 £51.25
% change year-on-year -29.82% -56.10% +41.38%

All Process and Methodology Skills
London

Benchmarking 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 London.

Contract vacancies with a requirement for process or methodology skills 15,607 22,862 35,495
As % of all contract IT jobs advertised in London 88.27% 90.90% 92.19%
Number of daily rates quoted 11,159 16,574 26,061
10th Percentile £340 £375 £394
25th Percentile £445 £475 £475
Median daily rate (50th Percentile) £550 £588 £575
Median % change year-on-year -6.38% +2.17% +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £780
England median daily rate £525 £550 £550
% change year-on-year -4.55% - +10.00%
Number of hourly rates quoted 315 267 388
10th Percentile £15.50 £18.00 £17.09
25th Percentile £20.00 £22.50 £23.91
Median hourly rate £30.00 £39.42 £36.00
Median % change year-on-year -23.90% +9.50% +9.59%
75th Percentile £48.75 £64.50 £50.83
90th Percentile £67.60 £82.50 £67.50
England median hourly rate £37.50 £36.00 £25.68
% change year-on-year +4.17% +40.19% +14.13%

Benchmarking
Job Vacancy Trend in London

Job postings citing Benchmarking as a proportion of all IT jobs advertised in London.

Job vacancy trend for Benchmarking in London

Benchmarking
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Benchmarking in London.

Daily rate trend for Benchmarking in London

Benchmarking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Benchmarking in London over the 6 months to 21 June 2024.

Daily rate histogram for Benchmarking in London

Benchmarking
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Benchmarking in London.

Hourly rate trend for Benchmarking in London

Benchmarking
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Benchmarking within the London region over the 6 months to 21 June 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
Central London +32 5 £500 -25.93% 6
Benchmarking
England

Benchmarking
Co-occurring Skills and Capabilities in 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 5 (31.25%) Microsoft Excel
2 1 (6.25%) Microsoft Office
Business Applications
1 1 (6.25%) Softmar
Cloud Services
1 4 (25.00%) Power Platform
2 1 (6.25%) Amazon Bedrock
2 1 (6.25%) Amazon SageMaker
2 1 (6.25%) AWS
2 1 (6.25%) Azure Machine Learning
2 1 (6.25%) dbt
2 1 (6.25%) Dynamics 365
2 1 (6.25%) GCP
Communications & Networking
1 2 (12.50%) Intranet
Database & Business Intelligence
1 4 (25.00%) Power BI
2 1 (6.25%) QlikView
General
1 6 (37.50%) Social Skills
2 5 (31.25%) Finance
3 4 (25.00%) Analytical Skills
4 3 (18.75%) Influencing Skills
5 1 (6.25%) Law
5 1 (6.25%) Legal
5 1 (6.25%) Marketing
5 1 (6.25%) Presentation Skills
Job Titles
1 8 (50.00%) Analyst
2 4 (25.00%) HR Analyst
3 3 (18.75%) Data Analyst
4 2 (12.50%) Business Analyst
4 2 (12.50%) HR Data Analyst
4 2 (12.50%) Systems Analyst
5 1 (6.25%) Architect
5 1 (6.25%) HR Specialist
5 1 (6.25%) Marketing Manager
5 1 (6.25%) Operational Risk Analyst
5 1 (6.25%) Operations Analyst
5 1 (6.25%) Oracle Analyst
5 1 (6.25%) PMO Analyst
5 1 (6.25%) Product Manager
5 1 (6.25%) Project Manager
5 1 (6.25%) Senior IT Manager
5 1 (6.25%) Senior Manager
5 1 (6.25%) Solutions Architect
5 1 (6.25%) Support Specialist
5 1 (6.25%) Systems Support
Libraries, Frameworks & Software Standards
1 1 (6.25%) Google JAX
1 1 (6.25%) PyTorch
1 1 (6.25%) TensorFlow
Miscellaneous
1 3 (18.75%) Management Information System
2 2 (12.50%) Product Ownership
2 2 (12.50%) Renewable Energy
2 2 (12.50%) Solar Power
3 1 (6.25%) FMCG
3 1 (6.25%) Learning Management System
3 1 (6.25%) Self-Motivation
3 1 (6.25%) Smart Energy
Processes & Methodologies
1 6 (37.50%) Decision-Making
2 5 (31.25%) Data Analysis
3 4 (25.00%) Business Intelligence
4 3 (18.75%) Business Case
4 3 (18.75%) Data Cleansing
4 3 (18.75%) Strategic Thinking
4 3 (18.75%) Time Management
5 2 (12.50%) Computer Science
5 2 (12.50%) Cost Reduction
5 2 (12.50%) Customer Experience
5 2 (12.50%) Problem-Solving
5 2 (12.50%) Process Improvement
5 2 (12.50%) Product Strategy
5 2 (12.50%) Product Vision
5 2 (12.50%) Project Management
5 2 (12.50%) Roadmaps
5 2 (12.50%) Strategic Planning
5 2 (12.50%) Technical Analysis
5 2 (12.50%) Use Case
5 2 (12.50%) User Stories
Programming Languages
1 1 (6.25%) Julia
1 1 (6.25%) Python
Qualifications
1 4 (25.00%) Degree
2 1 (6.25%) Computer Science Degree
2 1 (6.25%) Master's Degree
2 1 (6.25%) PhD
Quality Assurance & Compliance
1 2 (12.50%) Data Quality
1 2 (12.50%) GDPR
2 1 (6.25%) PMO
2 1 (6.25%) SLA
Vendors
1 2 (12.50%) Microsoft
2 1 (6.25%) Alteryx
2 1 (6.25%) Oracle