The following table provides summary statistics for contract job vacancies advertised in Newcastle upon Tyne with a requirement for Cost Reduction skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cost Reduction over the 6 months to 2 May 2024 with a comparison to the same period in the previous 2 years.
6 months to 2 May 2024
Same period 2023
Same period 2022
Rank
27
47
45
Rank change year-on-year
+20
-2
-
Contract jobs citing Cost Reduction
1
4
3
As % of all contract jobs advertised in Newcastle upon Tyne
Cost Reduction is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Newcastle upon Tyne with a requirement for process or methodology skills.
Contract vacancies with a requirement for process or methodology skills
178
302
339
As % of all contract IT jobs advertised in Newcastle upon Tyne
84.36%
93.79%
92.12%
Number of daily rates quoted
89
238
263
10th Percentile
£335
£350
£209
25th Percentile
£400
£483
£425
Median daily rate (50th Percentile)
£500
£565
£500
Median % change year-on-year
-11.50%
+13.00%
+10.50%
75th Percentile
£600
£650
£600
90th Percentile
£650
£745
£698
Tyne and Wear median daily rate
£500
£565
£500
% change year-on-year
-11.50%
+13.00%
+11.11%
Number of hourly rates quoted
18
0
10
10th Percentile
£18.25
-
£10.50
25th Percentile
£20.75
-
£11.63
Median hourly rate
£47.50
-
£16.18
Median % change year-on-year
-
-
+37.35%
75th Percentile
£50.00
-
£17.44
90th Percentile
£68.75
-
£17.63
Tyne and Wear median hourly rate
£17.50
-
£16.50
% change year-on-year
-
-
+13.68%
Cost Reduction Job Vacancy Trend in Newcastle upon Tyne
Job postings citing Cost Reduction as a proportion of all IT jobs advertised in Newcastle upon Tyne.
Cost Reduction Contractor Daily Rate Trend in Newcastle upon Tyne
3-month moving average daily rate quoted in jobs citing Cost Reduction in Newcastle upon Tyne.
Cost Reduction Top 9 Co-occurring Skills and Capabilities in Newcastle upon Tyne
For the 6 months to 2 May 2024, contractor job vacancies citing Cost Reduction also mentioned 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 Newcastle upon Tyne region with a requirement for Cost Reduction.
Cost Reduction Co-occurring Skills and Capabilities in Newcastle upon Tyne 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:
