The median contractor rate for a Business Consultant was £525 per day in advertised job vacancies in London during the 3 months to 24 June 2017.

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.

Business Consultant
England / London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 379 371 363
Rank change year-on-year -8 -8  
Contract jobs requiring a Business Consultant 33 57 59
As % of all contract IT jobs advertised in London 0.16% 0.26% 0.25%
As % of the Job Titles category 0.17% 0.28% 0.27%
Number of daily rates quoted 17 38 33
Median daily rate £525 £438 £475
Median daily rate % change year-on-year +20.00% -7.89%  
90% offered a daily rate of more than £365 £329 £325
10% offered a daily rate of more than £720 £565 £614
UK excluding London median daily rate £475 £413 £455
% change year-on-year +15.15% -9.34%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £22.35 -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19396 20655 22146
As % of all contract IT job vacancies advertised in London 94.88% 95.29% 94.65%
Number of daily rates quoted 13838 14981 15430
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £601
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 242 228 376
Median hourly rate £19.82 £17.94 £18.70
Median hourly rate % change year-on-year +10.46% -4.05%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.83 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Business Consultant
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Business Consultant in the job title.

Job vacancy trend for Business Consultant in London

Business Consultant
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Business Consultant in London.

Contractor daily rate trend for Business Consultant in London

Business Consultant
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Business Consultant in London over the 3 months to 24 June 2017.

Contractor daily rate histogram for Business Consultant in London

Business Consultant
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Business Consultant in London.

Contractor hourly rate trend for Business Consultant in London

Business Consultant
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 Business Consultant within the London region over the 3 months to 24 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -1 4 £550 +39.68% 7
Ealing - 1 £425 -
Business Consultant
England

Business Consultant Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 24 June 2017, Business Consultant 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 London region featuring Business Consultant in the job title.

1 34 (38.20%) Finance
2 19 (21.35%) Agile Software Development
3 18 (20.22%) SQL
4 13 (14.61%) Banking
4 13 (14.61%) Business Analysis
4 13 (14.61%) Stakeholder Management
5 12 (13.48%) Asset Management
5 12 (13.48%) E-Commerce
5 12 (13.48%) Business Intelligence
6 10 (11.24%) Investment Management
6 10 (11.24%) Analytical Skills
7 9 (10.11%) Wealth Management
7 9 (10.11%) Client/Server
7 9 (10.11%) SAP
8 8 (8.99%) Avaloq
8 8 (8.99%) iPad
8 8 (8.99%) FNZ
8 8 (8.99%) Sonata
9 7 (7.87%) Fintech
9 7 (7.87%) MiFID
10 6 (6.74%) Change Management
10 6 (6.74%) Front Office
10 6 (6.74%) Foreign Exchange (FX)
10 6 (6.74%) Investment Banking
10 6 (6.74%) Fixed Income
10 6 (6.74%) Skype for Business
10 6 (6.74%) Skype
11 5 (5.62%) Marketing
11 5 (5.62%) Derivative
11 5 (5.62%) Retail

Business Consultant Skill Set
Co-occurring IT Skills in London 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:

Application Platforms
1 6 (6.74%) Skype for Business
2 5 (5.62%) SAS
3 4 (4.49%) CMS
4 1 (1.12%) Confluence
4 1 (1.12%) Oracle Workflow
Applications
1 1 (1.12%) Microsoft PowerPoint
1 1 (1.12%) MS Visio
Business Applications
1 8 (8.99%) Sonata
2 4 (4.49%) SAP Business One
3 3 (3.37%) SAP CO
3 3 (3.37%) SAP FI
3 3 (3.37%) SAP FI/CO
3 3 (3.37%) Unit4 Business World
4 2 (2.25%) SAP SD
4 2 (2.25%) Sylvan
5 1 (1.12%) Dynamics AX
5 1 (1.12%) Minerva
5 1 (1.12%) Oracle EBS
5 1 (1.12%) Oracle EBS R12
5 1 (1.12%) Oracle Internet Expenses
5 1 (1.12%) Oracle Procure-to-Pay
5 1 (1.12%) Salesforce.com CRM
5 1 (1.12%) SAP Business ByDesign
5 1 (1.12%) SimCorp Dimension
Cloud Services
1 3 (3.37%) Office 365
2 2 (2.25%) Oracle CX
2 2 (2.25%) Salesforce Sales Cloud
Communications & Networking
1 6 (6.74%) Skype
2 4 (4.49%) PBX
3 2 (2.25%) PSTN
4 1 (1.12%) LDAP
Database & Business Intelligence
1 4 (4.49%) BusinessObjects
1 4 (4.49%) Data Warehouse
1 4 (4.49%) SQL Server
1 4 (4.49%) SQL Server Analysis Services
1 4 (4.49%) SQL Server Integration Services
1 4 (4.49%) SQL Server Reporting Services
2 3 (3.37%) Big Data
2 3 (3.37%) QlikView
3 2 (2.25%) Blockchain
3 2 (2.25%) Looker
3 2 (2.25%) Oracle Reports
3 2 (2.25%) Qlik Sense
4 1 (1.12%) BusinessObjects Business Intelligence
4 1 (1.12%) BusinessObjects Web Intelligence
4 1 (1.12%) Lumira
4 1 (1.12%) Oracle BI EE
4 1 (1.12%) Oracle BI Publisher
4 1 (1.12%) Oracle Discoverer
4 1 (1.12%) Spotfire
4 1 (1.12%) SQLPlus
Development Applications
1 4 (4.49%) JIRA
2 1 (1.12%) Visual Studio
General
1 34 (38.20%) Finance
2 13 (14.61%) Banking
3 6 (6.74%) Front Office
3 6 (6.74%) Investment Banking
4 5 (5.62%) Marketing
4 5 (5.62%) Retail
5 4 (4.49%) Advertising
6 1 (1.12%) Back Office
6 1 (1.12%) Billing
6 1 (1.12%) French Language
6 1 (1.12%) Local Government
6 1 (1.12%) Publishing
6 1 (1.12%) Telecoms
Libraries, Frameworks & Software Standards
1 2 (2.25%) XML
2 1 (1.12%) FIX Protocol
2 1 (1.12%) FpML
2 1 (1.12%) Middleware
2 1 (1.12%) Oracle Fusion
2 1 (1.12%) Velocity
2 1 (1.12%) Web Services
Miscellaneous
1 10 (11.24%) Analytical Skills
2 9 (10.11%) Client/Server
3 8 (8.99%) iPad
4 7 (7.87%) Fintech
5 6 (6.74%) Fixed Income
5 6 (6.74%) Foreign Exchange (FX)
6 5 (5.62%) Derivative
7 4 (4.49%) Equities
7 4 (4.49%) OTC Derivatives
8 2 (2.25%) Blog
8 2 (2.25%) Market Risk
9 1 (1.12%) Animation
9 1 (1.12%) Credit Derivative
9 1 (1.12%) Equity Derivative
9 1 (1.12%) FMCG
9 1 (1.12%) Interest Rate Derivative
9 1 (1.12%) Mobile App
9 1 (1.12%) NHS
Processes & Methodologies
1 19 (21.35%) Agile Software Development
2 13 (14.61%) Business Analysis
2 13 (14.61%) Stakeholder Management
3 12 (13.48%) Asset Management
3 12 (13.48%) Business Intelligence
3 12 (13.48%) E-Commerce
4 10 (11.24%) Investment Management
5 9 (10.11%) Wealth Management
6 6 (6.74%) Change Management
7 5 (5.62%) CRM
8 4 (4.49%) Requirements Analysis
8 4 (4.49%) Scrum
8 4 (4.49%) Target Operating Model
8 4 (4.49%) User Acceptance Testing
8 4 (4.49%) User Stories
9 3 (3.37%) Coaching
9 3 (3.37%) Conflict Management
9 3 (3.37%) Machine Learning
9 3 (3.37%) Project Management
9 3 (3.37%) SDLC
Programming Languages
1 18 (20.22%) SQL
2 2 (2.25%) ABAP
2 2 (2.25%) PL/SQL
2 2 (2.25%) R
3 1 (1.12%) C
3 1 (1.12%) Python
3 1 (1.12%) T-SQL
Qualifications
1 2 (2.25%) Degree
2 1 (1.12%) PMP
2 1 (1.12%) Six Sigma Black Belt
Quality Assurance & Compliance
1 7 (7.87%) MiFID
Systems Management
1 1 (1.12%) Cisco CUCM
1 1 (1.12%) ITRS Geneos
1 1 (1.12%) Nagios
Vendors
1 9 (10.11%) SAP
2 8 (8.99%) Avaloq
2 8 (8.99%) FNZ
3 5 (5.62%) Microsoft
4 4 (4.49%) Cisco
4 4 (4.49%) Oracle
4 4 (4.49%) Salesforce.com
5 3 (3.37%) FXall
6 2 (2.25%) BISAM
6 2 (2.25%) FactSet
6 2 (2.25%) Polycom
6 2 (2.25%) StatPro
7 1 (1.12%) ATG
7 1 (1.12%) Google
7 1 (1.12%) IBM
7 1 (1.12%) Murex
7 1 (1.12%) SimCorp
7 1 (1.12%) Splunk
7 1 (1.12%) Tableau
7 1 (1.12%) TIBCO
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