The median contractor rate for a Functional Consultant was £450 per day in advertised job vacancies in London during the 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Functional Consultant
England / London
Rank 337 339 320
Rank change year-on-year +2 -19  
Contract jobs requiring a Functional Consultant 63 89 89
As % of all contract IT jobs advertised in London 0.32% 0.40% 0.42%
As % of the Job Titles category 0.34% 0.42% 0.45%
Number of daily rates quoted 40 52 53
Median daily rate £450 £500 £488
Median daily rate % change year-on-year -10.00% +2.56%  
90% offered a daily rate of more than £398 £378 £400
10% offered a daily rate of more than £553 £598 £570
UK excluding London median daily rate £475 £475 £475
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 18463 20944 19902
As % of all contract IT job vacancies advertised in London 94.85% 94.98% 94.88%
Number of daily rates quoted 13124 15012 13730
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £301 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 242 285 369
Median hourly rate £23.00 £17.00 £19.50
Median hourly rate % change year-on-year +35.29% -12.82%  
90% offered a hourly rate of more than £13.70 £11.50 £13.00
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

Functional Consultant
Job Vacancy Trend in London

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

Job vacancy trend for Functional Consultant in London

Functional Consultant
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Functional Consultant in London

Functional Consultant
Contractor Daily Rate Histogram in London

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

Contractor daily rate histogram for Functional Consultant in London

Functional Consultant
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Functional Consultant in London

Functional 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 Functional Consultant within the London region over the 3 months to 24 March 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 +6 8 £500 - 3
Brentford -2 1 - -
Canary Wharf - 1 £650 -
Functional Consultant
England

Functional Consultant Skill Set
Top 30 Related IT Skills in London

For the 6 months to 24 March 2017, Functional 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 Functional Consultant in the job title.

1 47 (37.01%) Oracle
2 41 (32.28%) SAP
3 37 (29.13%) Finance
4 30 (23.62%) CRM
5 26 (20.47%) Microsoft
6 22 (17.32%) Dynamics CRM
6 22 (17.32%) Oracle EBS R12
7 16 (12.60%) User Acceptance Testing
8 13 (10.24%) Dynamics AX
8 13 (10.24%) Salesforce.com
8 13 (10.24%) SQL Server
8 13 (10.24%) JavaScript
9 11 (8.66%) SQL
9 11 (8.66%) Oracle Reports
9 11 (8.66%) Retail
10 10 (7.87%) Analytical Skills
10 10 (7.87%) Oracle BI EE
10 10 (7.87%) Oracle EBS
11 9 (7.09%) Workflow
11 9 (7.09%) MS Excel
11 9 (7.09%) ERP
11 9 (7.09%) PeopleSoft
11 9 (7.09%) Pharmaceutical
11 9 (7.09%) Business Analysis
12 8 (6.30%) Project Management
12 8 (6.30%) Manufacturing
12 8 (6.30%) Oracle HRMS
12 8 (6.30%) Oracle Applications
12 8 (6.30%) Agile Software Development
12 8 (6.30%) Oracle Receivables

Functional Consultant Skill Set
Top Related 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 3 (2.36%) Oracle Self-Service HR
1 3 (2.36%) Oracle Workflow
2 1 (0.79%) IBM Notes
2 1 (0.79%) MTS
Applications
1 9 (7.09%) MS Excel
2 3 (2.36%) MS Office
3 2 (1.57%) MS PowerPoint
3 2 (1.57%) MS Visio
Business Applications
1 22 (17.32%) Dynamics CRM
1 22 (17.32%) Oracle EBS R12
2 13 (10.24%) Dynamics AX
3 10 (7.87%) Oracle EBS
4 8 (6.30%) Oracle Applications
4 8 (6.30%) Oracle HRMS
4 8 (6.30%) Oracle Receivables
5 7 (5.51%) Oracle Payables
6 6 (4.72%) Oracle Procure-to-Pay
7 4 (3.15%) Dynamics NAV
7 4 (3.15%) Oracle Assets
7 4 (3.15%) SAP IS-U
7 4 (3.15%) SAP MM
7 4 (3.15%) SAP Retail
8 3 (2.36%) Dynamics GP
8 3 (2.36%) Dynamics SL
8 3 (2.36%) Oracle iRecruitment
8 3 (2.36%) SAP FI
9 2 (1.57%) Oracle Retail
9 2 (1.57%) SAP HCM
Cloud Services
1 4 (3.15%) SuccessFactors
2 3 (2.36%) Amazon AWS
2 3 (2.36%) Heroku
2 3 (2.36%) Taleo
3 2 (1.57%) SaaS
4 1 (0.79%) Force.com
Database & Business Intelligence
1 13 (10.24%) SQL Server
2 11 (8.66%) Oracle Reports
3 10 (7.87%) Oracle BI EE
4 2 (1.57%) Oracle Database
4 2 (1.57%) Relational Database
5 1 (0.79%) Big Data
5 1 (0.79%) Data Lake
5 1 (0.79%) Data Warehouse
5 1 (0.79%) DataStage
5 1 (0.79%) IBM InfoSphere
5 1 (0.79%) NoSQL
5 1 (0.79%) Oracle BI Publisher
5 1 (0.79%) Oracle Database 11g
5 1 (0.79%) PostgreSQL
5 1 (0.79%) RDBMS
5 1 (0.79%) SAP BW
Development Applications
1 2 (1.57%) JDeveloper
1 2 (1.57%) Oracle Forms
2 1 (0.79%) PeopleTools
General
1 37 (29.13%) Finance
2 11 (8.66%) Retail
3 9 (7.09%) Pharmaceutical
4 8 (6.30%) Manufacturing
5 7 (5.51%) General Ledger
5 7 (5.51%) Marketing
6 6 (4.72%) Billing
7 4 (3.15%) Banking
8 3 (2.36%) Aerospace
9 1 (0.79%) Advertising
9 1 (0.79%) Financial Institution
9 1 (0.79%) French Language
9 1 (0.79%) Front Office
Libraries, Frameworks & Software Standards
1 4 (3.15%) Oracle Fusion
2 3 (2.36%) JSON
2 3 (2.36%) REST
2 3 (2.36%) SAP Business Workflow
2 3 (2.36%) Web Services
3 2 (1.57%) XML
4 1 (0.79%) .NET
4 1 (0.79%) ASP.NET
4 1 (0.79%) EDI
4 1 (0.79%) FIX Protocol
4 1 (0.79%) JSP
4 1 (0.79%) SAP Fiori
Miscellaneous
1 10 (7.87%) Analytical Skills
2 3 (2.36%) Learning Management System
3 2 (1.57%) Foreign Exchange (FX)
4 1 (0.79%) Data Structures
4 1 (0.79%) Derivative
4 1 (0.79%) e-Learning
4 1 (0.79%) Equities
4 1 (0.79%) Fixed Income
4 1 (0.79%) FMCG
4 1 (0.79%) iPad
4 1 (0.79%) Life Science
4 1 (0.79%) PDA
4 1 (0.79%) SCORM
4 1 (0.79%) Virtual Team
Operating Systems
1 1 (0.79%) Linux
1 1 (0.79%) Red Hat Enterprise Linux
Processes & Methodologies
1 30 (23.62%) CRM
2 16 (12.60%) User Acceptance Testing
3 9 (7.09%) Business Analysis
3 9 (7.09%) ERP
3 9 (7.09%) Workflow
4 8 (6.30%) Agile Software Development
4 8 (6.30%) Project Management
5 7 (5.51%) IT Strategy
5 7 (5.51%) Procure-to-Pay
6 6 (4.72%) SDLC
7 5 (3.94%) Analytics
7 5 (3.94%) Data Management
7 5 (3.94%) GAP Analysis
7 5 (3.94%) Performance Management
7 5 (3.94%) Time Management
8 4 (3.15%) Record to Report
8 4 (3.15%) Test Scripting
8 4 (3.15%) Waterfall
9 3 (2.36%) Post-Production
9 3 (2.36%) Virtual Environments
Programming Languages
1 13 (10.24%) JavaScript
2 11 (8.66%) SQL
3 4 (3.15%) PL/SQL
4 3 (2.36%) ABAP
4 3 (2.36%) C
5 2 (1.57%) Java
6 1 (0.79%) Bash Shell
6 1 (0.79%) C#
6 1 (0.79%) Shell Script
Qualifications
1 6 (4.72%) Degree
2 2 (1.57%) ACCA
2 2 (1.57%) Oracle Certification
2 2 (1.57%) SC Cleared
2 2 (1.57%) Security Cleared
3 1 (0.79%) SAP Certification
3 1 (0.79%) Six Sigma Green Belt
Quality Assurance & Compliance
1 3 (2.36%) QA
2 2 (1.57%) PMO
3 1 (0.79%) Data Quality
3 1 (0.79%) GAAP
3 1 (0.79%) GxP
3 1 (0.79%) IFRS
3 1 (0.79%) SLA
Systems Management
1 4 (3.15%) HP Quality Center
Vendors
1 47 (37.01%) Oracle
2 41 (32.28%) SAP
3 26 (20.47%) Microsoft
4 13 (10.24%) Salesforce.com
5 9 (7.09%) PeopleSoft
6 5 (3.94%) JD Edwards
7 3 (2.36%) Adobe
7 3 (2.36%) IFS
7 3 (2.36%) Marketo
8 2 (1.57%) Workday
9 1 (0.79%) Ariba
9 1 (0.79%) Bloomberg
9 1 (0.79%) FXall
9 1 (0.79%) hybris
9 1 (0.79%) IBM
9 1 (0.79%) Lotus
9 1 (0.79%) Reuters
9 1 (0.79%) Saba
9 1 (0.79%) Siebel
9 1 (0.79%) SimCorp