Target Operating Model Contracts in London

Target Operating Model (TOM)
England > London

The table below provides summary statistics for contract job vacancies advertised in London requiring Target Operating Model skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Target Operating Model over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 291 215 332
Rank change year-on-year -76 +117 -34
Contract jobs citing Target Operating Model 62 182 165
As % of all contract jobs advertised in London 0.49% 1.02% 0.61%
As % of the Processes & Methodologies category 0.54% 1.15% 0.67%
Number of daily rates quoted 34 155 105
10th Percentile £423 £400 £485
25th Percentile £509 £475 £513
Median daily rate (50th Percentile) £601 £550 £630
Median % change year-on-year +9.32% -12.70% +5.00%
75th Percentile £740 £650 £775
90th Percentile £920 £745 £875
England median daily rate £650 £575 £580
% change year-on-year +13.04% -0.86% +0.87%
Number of hourly rates quoted 0 1 1
Median hourly rate - £68.00 £64.25
Median % change year-on-year - +5.84% -
England median hourly rate - £68.00 £70.48
% change year-on-year - -3.52% -20.11%

All Process and Methodology Skills
London

Target Operating Model falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in London.

Contract vacancies with a requirement for process or methodology skills 11,564 15,790 24,631
As % of all contract IT jobs advertised in London 92.16% 88.55% 91.11%
Number of daily rates quoted 7,847 11,316 17,711
10th Percentile £350 £338 £375
25th Percentile £440 £450 £475
Median daily rate (50th Percentile) £550 £550 £590
Median % change year-on-year - -6.78% +2.61%
75th Percentile £688 £675 £700
90th Percentile £813 £800 £800
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.33%
Number of hourly rates quoted 166 324 278
10th Percentile £16.17 £16.00 £18.59
25th Percentile £22.68 £20.00 £22.53
Median hourly rate £31.67 £29.50 £38.13
Median % change year-on-year +7.36% -22.62% +5.90%
75th Percentile £50.75 £47.56 £62.64
90th Percentile £63.75 £65.93 £76.78
England median hourly rate £29.07 £36.00 £37.50
% change year-on-year -19.25% -4.00% +53.06%

Target Operating Model
Job Vacancy Trend in London

Job postings citing Target Operating Model as a proportion of all IT jobs advertised in London.

Job vacancy trend for Target Operating Model in London

Target Operating Model
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Target Operating Model in London.

Daily rate trend for Target Operating Model in London

Target Operating Model
Daily Rate Histogram in London

Daily rate distribution for jobs citing Target Operating Model in London over the 6 months to 1 May 2025.

Daily rate histogram for Target Operating Model in London

Target Operating Model
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Target Operating Model in London.

Hourly rate trend for Target Operating Model in London

Target Operating Model
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 Target Operating Model within the London region over the 6 months to 1 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 +2 12 £650 +4.00% 1
East London +13 2 £540 +20.00%
West London +10 1 £338 -3.71%
Target Operating Model
England

Target Operating Model
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 (3.23%) SharePoint
2 1 (1.61%) Confluence
Applications
1 5 (8.06%) Microsoft Excel
1 5 (8.06%) Microsoft PowerPoint
2 3 (4.84%) MS Visio
3 2 (3.23%) Microsoft Office
4 1 (1.61%) Microsoft Project
4 1 (1.61%) Spreadsheet
Business Applications
1 1 (1.61%) SAP S/4HANA
1 1 (1.61%) SAP SD
Cloud Services
1 7 (11.29%) Azure
2 3 (4.84%) AWS
2 3 (4.84%) Azure DevOps
3 2 (3.23%) GCP
3 2 (3.23%) Microsoft 365
4 1 (1.61%) Azure Sentinel
4 1 (1.61%) Dynamics 365
4 1 (1.61%) Miro
4 1 (1.61%) Power Platform
4 1 (1.61%) SaaS
Database & Business Intelligence
1 1 (1.61%) Data Lake
1 1 (1.61%) DTS
1 1 (1.61%) Power BI
Development Applications
1 5 (8.06%) JIRA
General
1 30 (48.39%) Finance
2 13 (20.97%) Social Skills
3 12 (19.35%) Analytical Skills
4 10 (16.13%) Banking
5 6 (9.68%) Inclusion and Diversity
5 6 (9.68%) Public Sector
6 5 (8.06%) Marketing
7 3 (4.84%) Documentation Skills
7 3 (4.84%) Investment Banking
7 3 (4.84%) Legal
7 3 (4.84%) Retail
8 2 (3.23%) Influencing Skills
8 2 (3.23%) Law
9 1 (1.61%) Corporate Banking
9 1 (1.61%) Financial Institution
9 1 (1.61%) Presentation Skills
9 1 (1.61%) Retail Banking
Job Titles
1 34 (54.84%) Analyst
2 32 (51.61%) Business Analyst
3 13 (20.97%) Senior
4 10 (16.13%) Senior Analyst
5 9 (14.52%) Senior Business Analyst
6 7 (11.29%) Lead
7 6 (9.68%) Financial Analyst
8 4 (6.45%) Consultant
8 4 (6.45%) Finance Business Analyst
8 4 (6.45%) Project Manager
9 3 (4.84%) Architect
9 3 (4.84%) Business Finance Analyst
9 3 (4.84%) Change Analyst
9 3 (4.84%) Change Manager
9 3 (4.84%) Data Business Analyst
9 3 (4.84%) Insurance Business Analyst
9 3 (4.84%) Programme Manager
9 3 (4.84%) Senior Business Finance Analyst
9 3 (4.84%) Senior Financial Analyst
9 3 (4.84%) Transformation Manager
Libraries, Frameworks & Software Standards
1 1 (1.61%) Kafka
Miscellaneous
1 4 (6.45%) Management Information System
2 3 (4.84%) Onboarding
2 3 (4.84%) PMI
3 2 (3.23%) Cyber Defence
3 2 (3.23%) Product Ownership
4 1 (1.61%) Analytical Mindset
4 1 (1.61%) Cloud Native
4 1 (1.61%) Derivative
4 1 (1.61%) FMCG
4 1 (1.61%) Freedom of Information
4 1 (1.61%) OTC Derivatives
4 1 (1.61%) Private Cloud
4 1 (1.61%) Reinsurance
4 1 (1.61%) Renewable Energy
Processes & Methodologies
1 18 (29.03%) Stakeholder Management
2 15 (24.19%) Business Analysis
3 12 (19.35%) Migration
4 10 (16.13%) Agile
4 10 (16.13%) Change Management
4 10 (16.13%) Problem-Solving
4 10 (16.13%) Stakeholder Engagement
5 8 (12.90%) Requirements Gathering
6 7 (11.29%) Data Migration
6 7 (11.29%) Project Delivery
6 7 (11.29%) Project Management
6 7 (11.29%) Risk Management
7 6 (9.68%) User Acceptance Testing
7 6 (9.68%) User Stories
8 5 (8.06%) Analytics
8 5 (8.06%) Business Continuity
8 5 (8.06%) GAP Analysis
8 5 (8.06%) Scrum
8 5 (8.06%) Service Management
8 5 (8.06%) User Experience
Programming Languages
1 1 (1.61%) Java
Qualifications
1 11 (17.74%) Degree
2 7 (11.29%) CBAP
3 6 (9.68%) SC Cleared
3 6 (9.68%) Security Cleared
4 4 (6.45%) PMI Certification
5 2 (3.23%) Master's Degree
5 2 (3.23%) PMP
6 1 (1.61%) CAPM
6 1 (1.61%) CFA
6 1 (1.61%) CSPO
6 1 (1.61%) IIBA
6 1 (1.61%) ITIL Certification
6 1 (1.61%) MBA
6 1 (1.61%) PgMP
6 1 (1.61%) Six Sigma Green Belt
Quality Assurance & Compliance
1 2 (3.23%) Data Quality
1 2 (3.23%) PMO
2 1 (1.61%) PCI DSS
Systems Management
1 1 (1.61%) HP Quality Center
Vendors
1 6 (9.68%) Microsoft
2 5 (8.06%) ServiceNow
3 2 (3.23%) Oracle
3 2 (3.23%) SAP
3 2 (3.23%) Workday
4 1 (1.61%) Charles River
4 1 (1.61%) CrowdStrike
4 1 (1.61%) Duck Creek
4 1 (1.61%) eFront
4 1 (1.61%) Guidewire
4 1 (1.61%) HP
4 1 (1.61%) Salesforce
4 1 (1.61%) Splunk