Functional Consultant Contracts in London

Functional Consultant
England > London

The median Functional Consultant daily rate in London is £575, according to job vacancies posted in the 6 months leading up to 29 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
29 May 2025
Same period 2024 Same period 2023
Rank 280 273 400
Rank change year-on-year -7 +127 +105
Contract jobs requiring a Functional Consultant 61 123 79
As % of all contract jobs advertised in London 0.50% 0.70% 0.31%
As % of the Job Titles category 0.54% 0.75% 0.33%
Number of daily rates quoted 37 75 44
10th Percentile £415 £438 £467
25th Percentile £463 £500 £497
Median daily rate (50th Percentile) £575 £575 £575
Median % change year-on-year - - +4.55%
75th Percentile £650 £650 £625
90th Percentile £810 £838 £688
England median daily rate £600 £582 £550
% change year-on-year +3.09% +5.82% -4.35%
Number of hourly rates quoted 1 0 0
Median hourly rate £27.40 - -
England median hourly rate £27.40 £55.80 -
% change year-on-year -50.90% - -

All Contract IT Job Vacancies
London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies 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.

Contract vacancies in London with a recognized job title 11,322 16,344 24,264
% of contract IT jobs with a recognized job title 93.41% 93.55% 95.15%
Number of daily rates quoted 7,688 11,839 17,686
10th Percentile £350 £325 £363
25th Percentile £425 £440 £463
Median daily rate (50th Percentile) £550 £550 £575
Median % change year-on-year - -4.35% -
75th Percentile £675 £675 £700
90th Percentile £800 £800 £800
England median daily rate £520 £525 £550
% change year-on-year -1.00% -4.55% +3.79%
Number of hourly rates quoted 151 322 279
10th Percentile £20.24 £16.00 £18.00
25th Percentile £24.42 £20.22 £22.57
Median hourly rate £31.00 £27.66 £36.00
Median % change year-on-year +12.10% -23.18% +2.86%
75th Percentile £49.88 £46.50 £63.75
90th Percentile £62.00 £65.03 £82.50
England median hourly rate £29.07 £37.50 £45.00
% change year-on-year -22.48% -16.67% +93.05%

Functional Consultant
Job Vacancy Trend in London

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

Job vacancy trend for Functional Consultant in London

Functional Consultant
Contractor Daily Rate Trend in London

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

Daily rate trend for Functional Consultant in London

Functional Consultant
Daily Rate Histogram in London

Daily rate distribution for jobs citing Functional Consultant in London over the 6 months to 29 May 2025.

Daily rate histogram for Functional Consultant in London

Functional Consultant
Contractor Hourly Rate Trend in London

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

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 29 May 2025. 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 +5 8 £550 -16.67% 3
West London +8 1 £500 - 26
South London - 1 £325 - 2
Functional Consultant
England

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

For the 6 months to 29 May 2025, Functional Consultant contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Functional Consultant in the job title.

1 29 (47.54%) Finance
2 18 (29.51%) Social Skills
3 17 (27.87%) Oracle
4 15 (24.59%) Migration
4 15 (24.59%) Data Migration
5 13 (21.31%) Oracle EBS
6 12 (19.67%) ERP
7 11 (18.03%) SQL
8 10 (16.39%) SAP
8 10 (16.39%) Dynamics 365
9 9 (14.75%) Manufacturing
10 8 (13.11%) Banking
10 8 (13.11%) Microsoft
11 7 (11.48%) Agile
11 7 (11.48%) General Ledger
11 7 (11.48%) User Acceptance Testing
11 7 (11.48%) Accounts Payable
11 7 (11.48%) Problem-Solving
11 7 (11.48%) Workshop Facilitation
11 7 (11.48%) Oracle E-Business Tax
12 6 (9.84%) Analytical Skills
12 6 (9.84%) Dynamics CRM
12 6 (9.84%) CRM
13 5 (8.20%) Back Office
13 5 (8.20%) Oracle Financials
13 5 (8.20%) OpenLink
13 5 (8.20%) Endur
13 5 (8.20%) Degree
13 5 (8.20%) Use Case
13 5 (8.20%) Requirements Gathering

Functional Consultant Skill Set
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:

Application Platforms
1 2 (3.28%) Oracle Self-Service HR
2 1 (1.64%) Oracle Workflow
Business Applications
1 13 (21.31%) Oracle EBS
2 7 (11.48%) Oracle E-Business Tax
3 6 (9.84%) Dynamics CRM
4 5 (8.20%) Endur
4 5 (8.20%) Oracle Financials
5 4 (6.56%) Oracle Assets
5 4 (6.56%) Oracle EBS R12
5 4 (6.56%) Oracle General Ledger
5 4 (6.56%) Oracle Payables
5 4 (6.56%) SAP S/4HANA
5 4 (6.56%) Workday HCM
6 2 (3.28%) Dynamics AX
6 2 (3.28%) Oracle Payroll
6 2 (3.28%) Oracle Procure-to-Pay
6 2 (3.28%) SAP Bank Analyzer
6 2 (3.28%) SAP EWM
7 1 (1.64%) Oracle ERP
7 1 (1.64%) PeopleSoft Financials
7 1 (1.64%) SAP CO
7 1 (1.64%) SAP FI/CO
Cloud Services
1 10 (16.39%) Dynamics 365
2 4 (6.56%) Azure
2 4 (6.56%) Power Platform
3 2 (3.28%) OCI
4 1 (1.64%) Azure Logic Apps
4 1 (1.64%) Microsoft Copilot
4 1 (1.64%) Power Automate
4 1 (1.64%) PowerApps
4 1 (1.64%) SaaS
4 1 (1.64%) SuccessFactors
4 1 (1.64%) WhatsApp
Database & Business Intelligence
1 2 (3.28%) Data Lake
1 2 (3.28%) Power BI
2 1 (1.64%) Oracle BI Publisher
2 1 (1.64%) Oracle Reports
General
1 29 (47.54%) Finance
2 18 (29.51%) Social Skills
3 9 (14.75%) Manufacturing
4 8 (13.11%) Banking
5 7 (11.48%) General Ledger
6 6 (9.84%) Analytical Skills
7 5 (8.20%) Back Office
8 3 (4.92%) Advertising
8 3 (4.92%) Aerospace
8 3 (4.92%) Retail
9 2 (3.28%) Billing
9 2 (3.28%) Legal
9 2 (3.28%) Public Sector
10 1 (1.64%) Financial Institution
10 1 (1.64%) Front Office
10 1 (1.64%) Inclusion and Diversity
10 1 (1.64%) Law
10 1 (1.64%) Pharmaceutical
10 1 (1.64%) Publishing
Libraries, Frameworks & Software Standards
1 2 (3.28%) Oracle Fusion
2 1 (1.64%) Bootstrap
2 1 (1.64%) CSS
2 1 (1.64%) Gherkin
2 1 (1.64%) HTML
2 1 (1.64%) SAP Fiori
Miscellaneous
1 3 (4.92%) Enterprise Software
2 2 (3.28%) FMCG
2 2 (3.28%) Legacy Systems
2 2 (3.28%) Private Cloud
2 2 (3.28%) Product Ownership
3 1 (1.64%) Foreign Exchange (FX)
3 1 (1.64%) Industry 4.0
3 1 (1.64%) LIMS
3 1 (1.64%) Onboarding
3 1 (1.64%) PACS
3 1 (1.64%) Public Cloud
Processes & Methodologies
1 15 (24.59%) Data Migration
1 15 (24.59%) Migration
2 12 (19.67%) ERP
3 7 (11.48%) Accounts Payable
3 7 (11.48%) Agile
3 7 (11.48%) Problem-Solving
3 7 (11.48%) User Acceptance Testing
3 7 (11.48%) Workshop Facilitation
4 6 (9.84%) CRM
5 5 (8.20%) Requirements Gathering
5 5 (8.20%) Use Case
6 4 (6.56%) Analytics
6 4 (6.56%) Stakeholder Engagement
6 4 (6.56%) Test Scripting
6 4 (6.56%) Translating Business Requirements
7 3 (4.92%) Continuous Improvement
7 3 (4.92%) ETRM
7 3 (4.92%) Process Improvement
7 3 (4.92%) System Testing
7 3 (4.92%) User Stories
Programming Languages
1 11 (18.03%) SQL
2 2 (3.28%) PL/SQL
3 1 (1.64%) C#
3 1 (1.64%) JavaScript
3 1 (1.64%) PeopleCode
Qualifications
1 5 (8.20%) Degree
2 2 (3.28%) Security Cleared
3 1 (1.64%) BPSS Clearance
3 1 (1.64%) SAP Certification
3 1 (1.64%) SC Cleared
Quality Assurance & Compliance
1 3 (4.92%) IFRS
1 3 (4.92%) IFRS 9
2 2 (3.28%) Accessibility
2 2 (3.28%) QA
3 1 (1.64%) GAAP
Systems Management
1 3 (4.92%) CEMLI
Vendors
1 17 (27.87%) Oracle
2 10 (16.39%) SAP
3 8 (13.11%) Microsoft
4 5 (8.20%) IFS
4 5 (8.20%) OpenLink
4 5 (8.20%) Workday
5 1 (1.64%) Charles River
5 1 (1.64%) JD Edwards
5 1 (1.64%) Kronos
5 1 (1.64%) PeopleSoft