The median contractor rate for a Functional Consultant was £475 per day in advertised job vacancies in London during the 3 months to 22 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.

Functional Consultant
England / London
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 365 374 355
Rank change year-on-year +9 -19  
Contract jobs requiring a Functional Consultant 51 57 73
As % of all contract IT jobs advertised in London 0.25% 0.26% 0.31%
As % of the Job Titles category 0.26% 0.28% 0.33%
Number of daily rates quoted 25 29 24
Median daily rate £475 £475 £513
Median daily rate % change year-on-year - -7.31%  
90% offered a daily rate of more than £410 £416 £404
10% offered a daily rate of more than £552 £600 £650
UK excluding London median daily rate £481 £450 £450
% change year-on-year +6.94% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £62.50 -

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 19665 20680 22203
As % of all contract IT job vacancies advertised in London 94.86% 95.26% 94.65%
Number of daily rates quoted 14033 15001 15472
Median daily rate £500 £463 £445
Median daily rate % change year-on-year +8.10% +3.93%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £605
UK excluding London median daily rate £400 £400 £373
% change year-on-year - +7.38%  
Number of hourly rates quoted 251 230 384
Median hourly rate £19.82 £18.00 £18.70
Median hourly rate % change year-on-year +10.11% -3.74%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.83 £43.57 £52.17
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

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 22 June 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 3 months to 22 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 +2 7 £475 -1.04% 3
Brentford +2 3 - -
Functional Consultant
England

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

For the 6 months to 22 June 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 41 (36.28%) SAP
2 36 (31.86%) Finance
3 34 (30.09%) Microsoft
4 32 (28.32%) CRM
5 28 (24.78%) Dynamics CRM
6 25 (22.12%) Oracle
7 15 (13.27%) Dynamics AX
8 14 (12.39%) User Acceptance Testing
9 13 (11.50%) ERP
9 13 (11.50%) Pharmaceutical
9 13 (11.50%) Salesforce.com
10 12 (10.62%) Agile Software Development
10 12 (10.62%) Analytical Skills
11 11 (9.73%) Time Management
11 11 (9.73%) Business Analysis
12 10 (8.85%) Retail
12 10 (8.85%) Manufacturing
12 10 (8.85%) Project Management
13 9 (7.96%) JD Edwards
13 9 (7.96%) Stakeholder Management
13 9 (7.96%) General Ledger
13 9 (7.96%) SAP Fiori
14 8 (7.08%) Workflow
14 8 (7.08%) Oracle EBS
14 8 (7.08%) SQL Server
14 8 (7.08%) SQL
14 8 (7.08%) JavaScript
15 7 (6.19%) SAP CO
15 7 (6.19%) Oracle Receivables
15 7 (6.19%) Oracle Fusion

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 1 (0.88%) MTS
1 1 (0.88%) Oracle Self-Service HR
1 1 (0.88%) Oracle Workflow
1 1 (0.88%) SharePoint
Applications
1 3 (2.65%) Microsoft Office
2 2 (1.77%) Microsoft Excel
2 2 (1.77%) Microsoft PowerPoint
2 2 (1.77%) MS Visio
Business Applications
1 28 (24.78%) Dynamics CRM
2 15 (13.27%) Dynamics AX
3 8 (7.08%) Oracle EBS
4 7 (6.19%) Dynamics NAV
4 7 (6.19%) Oracle EBS R12
4 7 (6.19%) Oracle Receivables
4 7 (6.19%) SAP CO
5 6 (5.31%) Oracle General Ledger
5 6 (5.31%) Oracle Payables
5 6 (5.31%) SAP FI
6 5 (4.42%) SAP FI/CO
6 5 (4.42%) SAP MM
7 4 (3.54%) Dynamics GP
7 4 (3.54%) Oracle Assets
8 3 (2.65%) Dynamics SL
8 3 (2.65%) Oracle ERP
8 3 (2.65%) SAP S/4HANA
9 2 (1.77%) SAP HR
9 2 (1.77%) SAP Retail
9 2 (1.77%) SAP SD
Cloud Services
1 3 (2.65%) Amazon AWS
1 3 (2.65%) Heroku
1 3 (2.65%) SuccessFactors
2 1 (0.88%) Dynamics 365
2 1 (0.88%) SaaS
Database & Business Intelligence
1 8 (7.08%) SQL Server
2 4 (3.54%) Oracle Reports
3 3 (2.65%) Oracle BI EE
3 3 (2.65%) Oracle BI Publisher
4 2 (1.77%) Oracle Smart View
4 2 (1.77%) Relational Database
4 2 (1.77%) SAP BW
5 1 (0.88%) Big Data
5 1 (0.88%) Data Lake
5 1 (0.88%) Data Warehouse
5 1 (0.88%) DataStage
5 1 (0.88%) IBM InfoSphere
5 1 (0.88%) NoSQL
5 1 (0.88%) Oracle Database
5 1 (0.88%) Oracle Database 11g
5 1 (0.88%) PostgreSQL
5 1 (0.88%) RDBMS
Development Applications
1 1 (0.88%) PeopleTools
General
1 36 (31.86%) Finance
2 13 (11.50%) Pharmaceutical
3 10 (8.85%) Manufacturing
3 10 (8.85%) Retail
4 9 (7.96%) General Ledger
5 5 (4.42%) Banking
6 3 (2.65%) Aerospace
6 3 (2.65%) Marketing
7 2 (1.77%) Advertising
7 2 (1.77%) Billing
7 2 (1.77%) Front Office
8 1 (0.88%) Back Office
8 1 (0.88%) Financial Institution
8 1 (0.88%) French Language
8 1 (0.88%) Investment Banking
8 1 (0.88%) Private Banking
Libraries, Frameworks & Software Standards
1 9 (7.96%) SAP Fiori
2 7 (6.19%) Oracle Fusion
3 4 (3.54%) .NET
4 3 (2.65%) JSON
4 3 (2.65%) REST
4 3 (2.65%) SAP Business Workflow
5 2 (1.77%) Web Services
6 1 (0.88%) EDI
6 1 (0.88%) FIX Protocol
6 1 (0.88%) JSP
6 1 (0.88%) WebCenter
6 1 (0.88%) XML
Miscellaneous
1 12 (10.62%) Analytical Skills
2 5 (4.42%) Greenfield Project
3 3 (2.65%) FMCG
4 2 (1.77%) Learning Management System
5 1 (0.88%) Derivative
5 1 (0.88%) Driving Licence
5 1 (0.88%) e-Learning
5 1 (0.88%) Equities
5 1 (0.88%) Fixed Income
5 1 (0.88%) Foreign Exchange (FX)
5 1 (0.88%) iPad
5 1 (0.88%) Life Science
5 1 (0.88%) PDA
5 1 (0.88%) SCORM
5 1 (0.88%) Virtual Team
Operating Systems
1 1 (0.88%) Linux
1 1 (0.88%) Red Hat Enterprise Linux
Processes & Methodologies
1 32 (28.32%) CRM
2 14 (12.39%) User Acceptance Testing
3 13 (11.50%) ERP
4 12 (10.62%) Agile Software Development
5 11 (9.73%) Business Analysis
5 11 (9.73%) Time Management
6 10 (8.85%) Project Management
7 9 (7.96%) Stakeholder Management
8 8 (7.08%) Workflow
9 7 (6.19%) Customer Requirements
9 7 (6.19%) IT Strategy
9 7 (6.19%) SDLC
10 5 (4.42%) GAP Analysis
10 5 (4.42%) Migration
10 5 (4.42%) Procure-to-Pay
10 5 (4.42%) Record to Report
10 5 (4.42%) Waterfall
11 4 (3.54%) Business Intelligence
11 4 (3.54%) Business Process Analysis
11 4 (3.54%) Order to Cash
Programming Languages
1 8 (7.08%) JavaScript
1 8 (7.08%) SQL
2 2 (1.77%) ABAP
2 2 (1.77%) C
3 1 (0.88%) Bash Shell
3 1 (0.88%) Java
3 1 (0.88%) PL/SQL
3 1 (0.88%) Shell Script
Qualifications
1 5 (4.42%) SAP Certification
2 4 (3.54%) Degree
3 3 (2.65%) Master's Degree
4 2 (1.77%) Oracle Certification
4 2 (1.77%) SC Cleared
4 2 (1.77%) Security Cleared
Quality Assurance & Compliance
1 3 (2.65%) QA
2 1 (0.88%) GAAP
2 1 (0.88%) GxP
2 1 (0.88%) IFRS
2 1 (0.88%) SLA
Systems Management
1 4 (3.54%) HP Quality Center
Vendors
1 41 (36.28%) SAP
2 34 (30.09%) Microsoft
3 25 (22.12%) Oracle
4 13 (11.50%) Salesforce.com
5 9 (7.96%) JD Edwards
6 4 (3.54%) PeopleSoft
7 3 (2.65%) Adobe
7 3 (2.65%) IFS
7 3 (2.65%) Marketo
8 2 (1.77%) Workday
9 1 (0.88%) Algorithmics
9 1 (0.88%) Ariba
9 1 (0.88%) Bloomberg
9 1 (0.88%) Calypso
9 1 (0.88%) FXall
9 1 (0.88%) HP
9 1 (0.88%) IBM
9 1 (0.88%) Reuters
9 1 (0.88%) SimCorp
London
Washington Frank
Posted: 19 hours ago
London
Lorien Resourcing
Rate: £501 per day +
Posted: 2 days ago
London
McGregor Boyall
Rate: £500 - £525 per day
Posted: 3 days ago
London
Nigel Frank International
Posted: 6 days ago
London
Cognitive Group Ltd
Rate: £400 - £500 per day
Posted: 6 days ago