Cost Optimization
North East > Tyne and Wear
The table below provides summary statistics for contract job vacancies advertised in Tyne and Wear requiring Cost Optimisation skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Cost Optimisation over the 6 months leading up to 24 May 2025, comparing them to the same period in the previous two years.
| 6 months to 24 May 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | - | - | 44 |
| Rank change year-on-year | - | - | - |
| Contract jobs citing Cost Optimisation | 0 | 0 | 2 |
| As % of all contract jobs advertised in Tyne and Wear | - | - | 0.72% |
| As % of the Processes & Methodologies category | - | - | 0.79% |
| Number of daily rates quoted | 0 | 0 | 2 |
| 10th Percentile | - | - | £815 |
| 25th Percentile | - | - | £820 |
| Median daily rate (50th Percentile) | - | - | £834 |
| 75th Percentile | - | - | £844 |
| 90th Percentile | - | - | £845 |
| North East median daily rate | - | - | £834 |
All Process and Methodology Skills
Tyne and Wear
Cost Optimisation 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 Tyne and Wear.
| Contract vacancies with a requirement for process or methodology skills | 198 | 193 | 254 |
| As % of all contract IT jobs advertised in Tyne and Wear | 82.16% | 86.55% | 91.04% |
| Number of daily rates quoted | 146 | 90 | 197 |
| 10th Percentile | £213 | £312 | £316 |
| 25th Percentile | £350 | £371 | £425 |
| Median daily rate (50th Percentile) | £460 | £488 | £550 |
| Median % change year-on-year | -5.64% | -11.36% | +10.00% |
| 75th Percentile | £573 | £588 | £650 |
| 90th Percentile | £625 | £639 | £740 |
| North East median daily rate | £464 | £475 | £525 |
| % change year-on-year | -2.37% | -9.52% | +5.00% |
| Number of hourly rates quoted | 8 | 35 | 0 |
| 10th Percentile | £11.60 | £11.50 | - |
| 25th Percentile | £13.96 | £12.13 | - |
| Median hourly rate | £18.13 | £17.50 | - |
| Median % change year-on-year | +3.57% | - | - |
| 75th Percentile | £27.66 | £48.75 | - |
| 90th Percentile | £49.73 | £50.00 | - |
| North East median hourly rate | £17.00 | £17.50 | £40.75 |
| % change year-on-year | -2.86% | -57.06% | +146.97% |
Cost Optimisation
Job Vacancy Trend in Tyne and Wear
Job postings citing Cost Optimisation as a proportion of all IT jobs advertised in Tyne and Wear.
