Business Consultant Contracts

Business Consultant
UK

The median Business Consultant daily rate in the UK is £575 according to job vacancies posted during the 6 months to 2 December 2023.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
2 Dec 2023
Same period 2022 Same period 2021
Rank 517 720 743
Rank change year-on-year +203 +23 -193
Contract jobs requiring a Business Consultant 89 95 128
As % of all contract jobs advertised in the UK 0.20% 0.12% 0.14%
As % of the Job Titles category 0.21% 0.13% 0.15%
Number of daily rates quoted 67 55 63
10th Percentile £400 £405 £400
25th Percentile £450 £458 £425
Median daily rate (50th Percentile) £575 £550 £490
Median % change year-on-year +4.55% +12.24% +20.62%
75th Percentile £669 £631 £588
90th Percentile £750 £741 £625
UK excluding London median daily rate £488 £550 £477
% change year-on-year -11.36% +15.24% +19.31%
Number of hourly rates quoted 1 0 4
10th Percentile - - -
25th Percentile £52.19 - -
Median hourly rate £54.39 - £27.00
75th Percentile £56.58 - -
90th Percentile - - -
UK excluding London median hourly rate £54.39 - -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 the UK with a recognized job title 42,101 73,991 85,535
% of contract IT jobs with a recognized job title 93.46% 95.16% 95.58%
Number of daily rates quoted 28,377 51,591 59,848
10th Percentile £293 £313 £301
25th Percentile £413 £428 £413
Median daily rate (50th Percentile) £525 £550 £510
Median % change year-on-year -4.55% +7.84% +7.37%
75th Percentile £645 £650 £613
90th Percentile £743 £750 £700
UK excluding London median daily rate £500 £500 £450
% change year-on-year - +11.11% +5.88%
Number of hourly rates quoted 1,500 1,747 2,223
10th Percentile £15.24 £13.25 £12.00
25th Percentile £19.11 £17.00 £14.00
Median hourly rate £44.50 £30.00 £20.19
Median % change year-on-year +48.33% +48.63% -12.24%
75th Percentile £65.00 £63.00 £45.89
90th Percentile £77.50 £72.50 £62.50
UK excluding London median hourly rate £44.50 £25.00 £17.98
% change year-on-year +78.00% +39.04% -10.10%

Business Consultant
Job Vacancy Trend

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

Job vacancy trend for Business Consultant in the UK

Business Consultant
Contractor Daily Rate Trend

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

Daily rate trend for Business Consultant in the UK

Business Consultant
Daily Rate Histogram

Daily rate distribution for jobs citing Business Consultant over the 6 months to 2 December 2023.

Daily rate histogram for Business Consultant in the UK

Business Consultant
Contractor Hourly Rate Trend

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

Hourly rate trend for Business Consultant in the UK

Business Consultant
Top 16 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Consultant within the UK over the 6 months to 2 December 2023. 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
England +190 85 £575 +6.98% 42
UK excluding London +115 40 £488 -11.36% 25
London +158 38 £588 +9.30% 23
Work from Home +155 26 £563 +7.14% 28
North of England +65 12 £413 -17.50% 9
Midlands +70 10 £575 +2.22% 2
South East +39 10 £625 +8.70% 7
North East - 9 £400 - 2
West Midlands +75 8 £625 - 2
South West +29 5 £593 +7.73% 1
North West +47 2 £513 +28.13% 6
East Midlands - 2 £463 -
Yorkshire +31 1 £450 -28.00% 1
East of England +24 1 £525 +50.00% 1
Scotland - 1 £625 - 3
Wales - 1 £450 - 2

Business Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 December 2023, Business 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 featuring Business Consultant in the job title.

1 30 (33.71%) Social Skills
2 29 (32.58%) Finance
3 28 (31.46%) Stakeholder Management
4 21 (23.60%) Security Cleared
5 18 (20.22%) Impact Assessments
6 17 (19.10%) DV Cleared
7 16 (17.98%) Public Sector
8 15 (16.85%) Change Management
8 15 (16.85%) Microsoft
9 13 (14.61%) Process Improvement
10 12 (13.48%) Dynamics 365
11 11 (12.36%) Business Strategy
11 11 (12.36%) Manufacturing
11 11 (12.36%) SAP
12 10 (11.24%) Microsoft Excel
13 8 (8.99%) Project Management
13 8 (8.99%) Business Intelligence
13 8 (8.99%) Systems Thinking
13 8 (8.99%) Power Platform
14 7 (7.87%) Problem-Solving
14 7 (7.87%) Power BI
14 7 (7.87%) ERP
14 7 (7.87%) Migration
14 7 (7.87%) Microsoft PowerPoint
14 7 (7.87%) Business Analysis
15 6 (6.74%) Business Continuity
15 6 (6.74%) Business Transformation
15 6 (6.74%) Analytical Skills
16 5 (5.62%) Culture Change
16 5 (5.62%) Roadmaps

Business Consultant Skill Set
Co-occurring Skills and Capabilities 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 1 (1.12%) CMS
1 1 (1.12%) SharePoint
Applications
1 10 (11.24%) Microsoft Excel
2 7 (7.87%) Microsoft PowerPoint
3 3 (3.37%) MS Visio
4 1 (1.12%) Microsoft Office
Business Applications
1 4 (4.49%) SAP S/4HANA
2 3 (3.37%) SAP MM
2 3 (3.37%) SAP SD
3 1 (1.12%) Dynamics AX
3 1 (1.12%) Dynamics CRM
3 1 (1.12%) Dynamics NAV
Cloud Services
1 12 (13.48%) Dynamics 365
2 8 (8.99%) Power Platform
3 4 (4.49%) SuccessFactors
4 2 (2.25%) Azure
5 1 (1.12%) AWS
5 1 (1.12%) Power Automate
5 1 (1.12%) PowerApps
5 1 (1.12%) SaaS
Database & Business Intelligence
1 7 (7.87%) Power BI
2 5 (5.62%) BusinessObjects
3 2 (2.25%) Data Warehouse
3 2 (2.25%) DataStage
3 2 (2.25%) Tableau
4 1 (1.12%) Power Query
4 1 (1.12%) Relational Database
General
1 30 (33.71%) Social Skills
2 29 (32.58%) Finance
3 16 (17.98%) Public Sector
4 11 (12.36%) Manufacturing
5 6 (6.74%) Analytical Skills
6 4 (4.49%) Retail
7 3 (3.37%) Influencing Skills
7 3 (3.37%) Organisational Skills
7 3 (3.37%) Presentation Skills
8 1 (1.12%) Banking
8 1 (1.12%) Inclusion and Diversity
8 1 (1.12%) Law
8 1 (1.12%) Legal
8 1 (1.12%) Marketing
8 1 (1.12%) Police
8 1 (1.12%) Welsh Language
Libraries, Frameworks & Software Standards
1 3 (3.37%) SAP Fiori
2 1 (1.12%) .NET
2 1 (1.12%) J2EE
2 1 (1.12%) JSON
2 1 (1.12%) SAP PI
Miscellaneous
1 3 (3.37%) Learning Management System
2 2 (2.25%) Management Information System
3 1 (1.12%) Cyberattack
3 1 (1.12%) Data Centre
3 1 (1.12%) Data Structures
3 1 (1.12%) Life Science
3 1 (1.12%) Onboarding
3 1 (1.12%) Product Ownership
3 1 (1.12%) Reinsurance
Operating Systems
1 1 (1.12%) Unix
1 1 (1.12%) Windows
Processes & Methodologies
1 28 (31.46%) Stakeholder Management
2 18 (20.22%) Impact Assessments
3 15 (16.85%) Change Management
4 13 (14.61%) Process Improvement
5 11 (12.36%) Business Strategy
6 8 (8.99%) Business Intelligence
6 8 (8.99%) Project Management
6 8 (8.99%) Systems Thinking
7 7 (7.87%) Business Analysis
7 7 (7.87%) ERP
7 7 (7.87%) Migration
7 7 (7.87%) Problem-Solving
8 6 (6.74%) Business Continuity
8 6 (6.74%) Business Transformation
9 5 (5.62%) Business Case
9 5 (5.62%) Continuous Improvement
9 5 (5.62%) Culture Change
9 5 (5.62%) Information Security
9 5 (5.62%) Roadmaps
9 5 (5.62%) Workshop Facilitation
Programming Languages
1 5 (5.62%) SQL
2 4 (4.49%) Data Analysis Expressions
3 1 (1.12%) Java
3 1 (1.12%) PL/SQL
3 1 (1.12%) Shell Script
Qualifications
1 21 (23.60%) Security Cleared
2 17 (19.10%) DV Cleared
3 5 (5.62%) Degree
4 3 (3.37%) SC Cleared
5 1 (1.12%) ACCA
Quality Assurance & Compliance
1 3 (3.37%) Sarbanes-Oxley
2 2 (2.25%) ISO 22301
2 2 (2.25%) QA
3 1 (1.12%) PMO
Vendors
1 15 (16.85%) Microsoft
2 11 (12.36%) SAP
3 3 (3.37%) Qualtrics
4 2 (2.25%) Oracle
5 1 (1.12%) Teradata