Business Consultant Contracts

Business Consultant
UK

The median Business Consultant daily rate in the UK is £550, according to job vacancies posted in the 6 months leading up to 21 July 2024.

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

6 months to
21 Jul 2024
Same period 2023 Same period 2022
Rank 505 587 737
Rank change year-on-year +82 +150 -47
Contract jobs requiring a Business Consultant 71 97 136
As % of all contract jobs advertised in the UK 0.17% 0.17% 0.15%
As % of the Job Titles category 0.18% 0.18% 0.16%
Number of daily rates quoted 32 59 89
10th Percentile £389 £423 £400
25th Percentile £473 £463 £453
Median daily rate (50th Percentile) £550 £550 £525
Median % change year-on-year - +4.76% +5.00%
75th Percentile £620 £631 £625
90th Percentile £1,043 £724 £708
UK excluding London median daily rate £550 £500 £515
% change year-on-year +10.00% -2.91% +8.42%
Number of hourly rates quoted 3 3 0
10th Percentile £43.79 £51.19 -
25th Percentile £48.35 £52.97 -
Median hourly rate £56.89 £56.89 -
75th Percentile £57.83 £63.91 -
90th Percentile - £67.57 -
UK excluding London median hourly rate £56.89 £56.89 -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 38,436 52,466 85,791
% of contract IT jobs with a recognized job title 93.03% 94.59% 95.45%
Number of daily rates quoted 24,865 36,295 60,499
10th Percentile £294 £308 £320
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £536 £538
Median % change year-on-year -2.02% -0.31% +7.50%
75th Percentile £638 £650 £649
90th Percentile £750 £750 £744
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +8.39%
Number of hourly rates quoted 2,436 1,571 1,926
10th Percentile £13.49 £14.57 £13.12
25th Percentile £18.00 £19.00 £16.25
Median hourly rate £40.00 £43.75 £25.68
Median % change year-on-year -8.57% +70.37% +25.27%
75th Percentile £64.25 £65.00 £52.55
90th Percentile £74.47 £77.50 £66.00
UK excluding London median hourly rate £41.81 £40.00 £21.00
% change year-on-year +4.53% +90.48% +16.67%

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 21 July 2024.

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
Hourly Rate Histogram

Hourly rate distribution of jobs citing Business Consultant over the 6 months to 21 July 2024.

Hourly rate histogram for Business Consultant in the UK

Business Consultant
Top 15 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 21 July 2024. 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 +55 61 £550 - 29
UK excluding London +51 33 £550 +10.00% 22
London +76 28 £525 -12.50% 8
Work from Home +93 24 £588 +2.17% 23
Midlands +21 11 £700 +33.33% 5
South East +19 10 £350 -41.67% 4
West Midlands +16 6 £700 +24.44% 4
East Midlands +8 5 - - 1
North of England +24 3 £550 +15.79% 2
South West +5 3 £550 +14.29% 6
Scotland +43 2 £525 +11.11% 1
North West +23 2 £550 +4.76% 1
East of England +13 2 £550 - 4
Northern Ireland - 2 - -
Yorkshire +17 1 - -

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

For the 6 months to 21 July 2024, 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 19 (26.76%) Finance
2 17 (23.94%) Dynamics 365
3 16 (22.54%) Social Skills
4 13 (18.31%) Stakeholder Management
4 13 (18.31%) ERP
5 10 (14.08%) User Stories
5 10 (14.08%) Agile
6 9 (12.68%) Telecoms
6 9 (12.68%) Analytical Skills
7 8 (11.27%) Public Sector
7 8 (11.27%) Roadmaps
7 8 (11.27%) Business Analysis
8 7 (9.86%) Business Strategy
9 6 (8.45%) Storyboarding
9 6 (8.45%) Problem-Solving
9 6 (8.45%) Artificial Intelligence
9 6 (8.45%) Security Cleared
9 6 (8.45%) Radio Access Network
9 6 (8.45%) Microsoft
10 5 (7.04%) SAP
10 5 (7.04%) SharePoint
10 5 (7.04%) German Language
10 5 (7.04%) Azure
10 5 (7.04%) Use Case
10 5 (7.04%) Business Transformation
10 5 (7.04%) Customer Service
11 4 (5.63%) Strategic Roadmap
11 4 (5.63%) Agriculture
11 4 (5.63%) Intelligent Automation
11 4 (5.63%) Analytics

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 5 (7.04%) SharePoint
2 1 (1.41%) Adobe Experience Manager
Business Applications
1 3 (4.23%) Dynamics NAV
2 2 (2.82%) Aligne
3 1 (1.41%) Dynamics CRM
3 1 (1.41%) Fidessa
3 1 (1.41%) Hyperion Planning
3 1 (1.41%) Oracle EBS
3 1 (1.41%) Oracle ERP
3 1 (1.41%) Oracle Procure-to-Pay
Cloud Services
1 17 (23.94%) Dynamics 365
2 5 (7.04%) Azure
3 4 (5.63%) Power Platform
4 2 (2.82%) AWS
5 1 (1.41%) Microsoft 365
5 1 (1.41%) OCI
5 1 (1.41%) SaaS
5 1 (1.41%) WhatsApp
Communications & Networking
1 6 (8.45%) Radio Access Network
Database & Business Intelligence
1 3 (4.23%) Power BI
2 1 (1.41%) Big Data
2 1 (1.41%) BusinessObjects
2 1 (1.41%) Oracle BI Publisher
2 1 (1.41%) Oracle Reports
General
1 19 (26.76%) Finance
2 16 (22.54%) Social Skills
3 9 (12.68%) Analytical Skills
3 9 (12.68%) Telecoms
4 8 (11.27%) Public Sector
5 5 (7.04%) German Language
6 4 (5.63%) Agriculture
6 4 (5.63%) Automotive
7 3 (4.23%) Presentation Skills
8 2 (2.82%) Banking
8 2 (2.82%) Influencing Skills
8 2 (2.82%) Manufacturing
9 1 (1.41%) Front Office
9 1 (1.41%) Inclusion and Diversity
9 1 (1.41%) Investment Banking
9 1 (1.41%) Local Government
9 1 (1.41%) Marketing
9 1 (1.41%) Organisational Skills
9 1 (1.41%) Pharmaceutical
9 1 (1.41%) Social Housing
Libraries, Frameworks & Software Standards
1 4 (5.63%) OAuth
1 4 (5.63%) XML
2 1 (1.41%) Oracle Fusion
Miscellaneous
1 2 (2.82%) Management Information System
1 2 (2.82%) Product Ownership
1 2 (2.82%) Renewable Energy
1 2 (2.82%) Solar Panel
2 1 (1.41%) Analytical Mindset
2 1 (1.41%) Blog
2 1 (1.41%) Enterprise Software
2 1 (1.41%) Self-Motivation
2 1 (1.41%) Taxonomies
Processes & Methodologies
1 13 (18.31%) ERP
1 13 (18.31%) Stakeholder Management
2 10 (14.08%) Agile
2 10 (14.08%) User Stories
3 8 (11.27%) Business Analysis
3 8 (11.27%) Roadmaps
4 7 (9.86%) Business Strategy
5 6 (8.45%) Artificial Intelligence
5 6 (8.45%) Problem-Solving
5 6 (8.45%) Storyboarding
6 5 (7.04%) Business Transformation
6 5 (7.04%) Customer Service
6 5 (7.04%) Use Case
7 4 (5.63%) Analytics
7 4 (5.63%) Enterprise Architecture
7 4 (5.63%) Intelligent Automation
7 4 (5.63%) Release Management
7 4 (5.63%) Requirements Gathering
7 4 (5.63%) Stakeholder and Relationship Management
7 4 (5.63%) Strategic Roadmap
Programming Languages
1 2 (2.82%) SQL
Qualifications
1 6 (8.45%) Security Cleared
2 4 (5.63%) SC Cleared
3 2 (2.82%) Six Sigma Black Belt
3 2 (2.82%) Six Sigma Green Belt
4 1 (1.41%) BPSS Clearance
4 1 (1.41%) Degree
Quality Assurance & Compliance
1 2 (2.82%) Actionable Recommendations
2 1 (1.41%) QA
Vendors
1 6 (8.45%) Microsoft
2 5 (7.04%) SAP
3 3 (4.23%) Oracle
3 3 (4.23%) ServiceNow
4 1 (1.41%) Adobe
4 1 (1.41%) Ariba
4 1 (1.41%) Calypso
4 1 (1.41%) Charles River
4 1 (1.41%) Google
4 1 (1.41%) Hyperion
4 1 (1.41%) ION Trading
4 1 (1.41%) MuleSoft
4 1 (1.41%) Murex
4 1 (1.41%) Sage
4 1 (1.41%) Wallstreet Suite
4 1 (1.41%) Yardi