Period
to 24 November 2017

The median contractor rate for a Functional Consultant was £475 per day in advertised job vacancies in London during the 6 months to 24 November 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.

Functional Consultant
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 469 492 475
Rank change year-on-year +23 -17 -55
Contract jobs requiring a Functional Consultant 161 128 139
As % of all contract IT jobs advertised in London 0.34% 0.28% 0.30%
As % of the Job Titles category 0.36% 0.30% 0.31%
Number of daily rates quoted 93 75 63
London median daily rate £475 £500 £488
Median daily rate % change year-on-year -5.00% +2.56% +2.63%
10th Percentile £385 £385 £364
90th Percentile £575 £633 £598
England median daily rate £498 £475 £450
% change year-on-year +4.74% +5.56% -0.11%
Number of hourly rates quoted 0 0 1
London median hourly rate - - £62.50
England median hourly rate - - £62.50

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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
London
Contract vacancies in London with a recognized job title 44654 42830 44617
% of contract IT jobs with a recognized job title 94.81% 94.96% 95.04%
Number of daily rates quoted 32346 30451 31444
London median daily rate £495 £463 £450
Median daily rate % change year-on-year +7.03% +2.78% +5.88%
10th Percentile £300 £288 £269
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 540 562 687
London median hourly rate £20.22 £19.23 £19.00
Median hourly rate % change year-on-year +5.14% +1.21% +8.57%
10th Percentile £12.45 £11.41 £11.25
90th Percentile £47.83 £50.00 £47.64
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Functional Consultant
Job Vacancy Trend in London

Job postings that featured Functional Consultant in the job title as a percentage of all IT jobs advertised in London.

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 6 months to 24 November 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 contractor hourly rates quoted in IT 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 6 months to 24 November 2017. 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
West London +1 22 £500 -2.44% 1
Central London +9 18 £475 +5.56% 2
Functional Consultant
England

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

For the 6 months to 24 November 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 59 (36.65%) Finance
2 50 (31.06%) SAP
3 49 (30.43%) Microsoft
4 32 (19.88%) Dynamics AX
4 32 (19.88%) ERP
5 30 (18.63%) CRM
6 29 (18.01%) Dynamics CRM
7 24 (14.91%) Oracle
8 22 (13.66%) Manufacturing
8 22 (13.66%) Dynamics 365
9 18 (11.18%) Stakeholder Management
10 17 (10.56%) Agile Software Development
11 15 (9.32%) Logistics
11 15 (9.32%) SAP FI
12 14 (8.70%) Pharmaceutical
12 14 (8.70%) SAP CO
13 13 (8.07%) Banking
13 13 (8.07%) JD Edwards
14 12 (7.45%) Supply Chain Management
14 12 (7.45%) SAP FI/CO
15 11 (6.83%) SAP Certification
15 11 (6.83%) SQL
15 11 (6.83%) FMCG
15 11 (6.83%) SAP Fiori
16 10 (6.21%) Procure-to-Pay
16 10 (6.21%) General Ledger
16 10 (6.21%) Dynamics NAV
16 10 (6.21%) Business Analysis
17 9 (5.59%) Oracle Financials
17 9 (5.59%) Oracle EBS

Functional 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 2 (1.24%) SharePoint
2 1 (0.62%) BizTalk Server
2 1 (0.62%) CMS
2 1 (0.62%) Oracle Workflow
Applications
1 1 (0.62%) Microsoft Excel
1 1 (0.62%) Microsoft Office
1 1 (0.62%) Microsoft PowerPoint
1 1 (0.62%) Microsoft Project
1 1 (0.62%) MS Visio
Business Applications
1 32 (19.88%) Dynamics AX
2 29 (18.01%) Dynamics CRM
3 15 (9.32%) SAP FI
4 14 (8.70%) SAP CO
5 12 (7.45%) SAP FI/CO
6 10 (6.21%) Dynamics NAV
7 9 (5.59%) Oracle EBS
7 9 (5.59%) Oracle Financials
8 7 (4.35%) Oracle Assets
8 7 (4.35%) Oracle Payables
9 6 (3.73%) Oracle EBS R12
9 6 (3.73%) Oracle Receivables
10 5 (3.11%) Oracle General Ledger
10 5 (3.11%) Oracle iProcurement
10 5 (3.11%) SAP FSCM
10 5 (3.11%) SAP SD
11 4 (2.48%) SAP HR
12 3 (1.86%) NetSuite
12 3 (1.86%) Oracle Payroll
13 2 (1.24%) SAP SRM
Cloud Services
1 22 (13.66%) Dynamics 365
2 2 (1.24%) Salesforce Service Cloud
3 1 (0.62%) Microsoft Azure
3 1 (0.62%) Salesforce Sales Cloud
3 1 (0.62%) SuccessFactors
Communications & Networking
1 2 (1.24%) Internet
Database & Business Intelligence
1 6 (3.73%) SAP BW
2 2 (1.24%) Data Mart
2 2 (1.24%) Oracle BI EE
2 2 (1.24%) Oracle Reports
3 1 (0.62%) Big Data
3 1 (0.62%) BusinessObjects Business Intelligence
3 1 (0.62%) Data Warehouse
3 1 (0.62%) Oracle BI Publisher
3 1 (0.62%) SAP Data Services
3 1 (0.62%) SAP HANA
Development Applications
1 1 (0.62%) Oracle APEX
1 1 (0.62%) Oracle Forms
1 1 (0.62%) Selenium
General
1 59 (36.65%) Finance
2 22 (13.66%) Manufacturing
3 14 (8.70%) Pharmaceutical
4 13 (8.07%) Banking
5 10 (6.21%) General Ledger
6 8 (4.97%) Billing
7 7 (4.35%) Retail
8 3 (1.86%) Marketing
8 3 (1.86%) Portuguese Language
8 3 (1.86%) Spanish Language
9 2 (1.24%) Advertising
10 1 (0.62%) Back Office
10 1 (0.62%) Digital Economy
10 1 (0.62%) Dutch Language
10 1 (0.62%) Financial Institution
10 1 (0.62%) Front Office
10 1 (0.62%) Investment Banking
10 1 (0.62%) Private Banking
10 1 (0.62%) Telecoms
Libraries, Frameworks & Software Standards
1 11 (6.83%) SAP Fiori
2 5 (3.11%) .NET
3 3 (1.86%) Mason
3 3 (1.86%) Oracle Fusion
4 2 (1.24%) Kafka
5 1 (0.62%) EDI
Miscellaneous
1 11 (6.83%) FMCG
2 9 (5.59%) Analytical Skills
3 5 (3.11%) Greenfield Project
4 2 (1.24%) Data Structures
4 2 (1.24%) SWIFT
5 1 (0.62%) Computer Science
Operating Systems
1 1 (0.62%) VMS
Processes & Methodologies
1 32 (19.88%) ERP
2 30 (18.63%) CRM
3 18 (11.18%) Stakeholder Management
4 17 (10.56%) Agile Software Development
5 15 (9.32%) Logistics
6 12 (7.45%) Supply Chain Management
7 10 (6.21%) Business Analysis
7 10 (6.21%) Procure-to-Pay
8 9 (5.59%) Time Management
8 9 (5.59%) Wealth Management
9 7 (4.35%) Business Development
9 7 (4.35%) Lean Six Sigma
9 7 (4.35%) Record to Report
9 7 (4.35%) Six Sigma
10 6 (3.73%) Customer Requirements
10 6 (3.73%) Data Modelling
10 6 (3.73%) Project Management
11 5 (3.11%) Asset Management
11 5 (3.11%) GAP Analysis
11 5 (3.11%) Presales
Programming Languages
1 11 (6.83%) SQL
2 7 (4.35%) PL/SQL
3 3 (1.86%) ABAP
4 1 (0.62%) Java
Qualifications
1 11 (6.83%) SAP Certification
2 2 (1.24%) ACCA
3 1 (0.62%) Computer Science Degree
3 1 (0.62%) Degree
3 1 (0.62%) Oracle Certification
3 1 (0.62%) SC Cleared
3 1 (0.62%) Security Cleared
Quality Assurance & Compliance
1 3 (1.86%) SLA
2 2 (1.24%) GMP
3 1 (0.62%) Data Quality
3 1 (0.62%) GDPR
Systems Management
1 2 (1.24%) Packer
Vendors
1 50 (31.06%) SAP
2 49 (30.43%) Microsoft
3 24 (14.91%) Oracle
4 13 (8.07%) JD Edwards
5 6 (3.73%) Salesforce.com
6 5 (3.11%) Concur
7 2 (1.24%) Pegasus
8 1 (0.62%) Algorithmics
8 1 (0.62%) Aveksa
8 1 (0.62%) Calypso
8 1 (0.62%) Conga
8 1 (0.62%) Kronos
8 1 (0.62%) OpenText
8 1 (0.62%) Salesforce Marketing Cloud