Business Consultant Contracts

Business Consultant
UK

The median Business Consultant daily rate in the UK is £525 according to job vacancies posted during the 6 months to 18 April 2024.

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
18 Apr 2024
Same period 2023 Same period 2022
Rank 503 617 741
Rank change year-on-year +114 +124 -139
Contract jobs requiring a Business Consultant 84 98 119
As % of all contract jobs advertised in the UK 0.19% 0.16% 0.13%
As % of the Job Titles category 0.21% 0.17% 0.14%
Number of daily rates quoted 58 56 77
10th Percentile £400 £414 £423
25th Percentile £481 £460 £450
Median daily rate (50th Percentile) £525 £525 £500
Median % change year-on-year - +5.00% -
75th Percentile £650 £650 £625
90th Percentile £958 £750 £695
UK excluding London median daily rate £488 £500 £490
% change year-on-year -2.50% +2.09% +3.11%
Number of hourly rates quoted 2 1 0
10th Percentile - - -
25th Percentile £55.94 £55.94 -
Median hourly rate £56.89 £56.89 -
75th Percentile £57.83 £57.83 -
90th Percentile - - -
UK excluding London median hourly rate £56.89 £56.89 -

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 40,554 57,501 85,863
% of contract IT jobs with a recognized job title 92.77% 94.56% 95.53%
Number of daily rates quoted 26,500 40,089 60,302
10th Percentile £275 £310 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £745 £750 £725
UK excluding London median daily rate £493 £500 £475
% change year-on-year -1.40% +5.26% +11.76%
Number of hourly rates quoted 2,611 1,615 2,125
10th Percentile £12.86 £14.36 £12.50
25th Percentile £16.25 £19.25 £15.38
Median hourly rate £35.00 £45.00 £22.88
Median % change year-on-year -22.22% +96.68% -0.52%
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £75.65 £63.00
UK excluding London median hourly rate £36.27 £42.26 £19.50
% change year-on-year -14.17% +116.72% +2.63%

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 18 April 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
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 18 April 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 +108 69 £550 +2.33% 52
Work from Home +127 39 £488 -2.60% 31
London +100 36 £625 -3.85% 25
UK excluding London +41 31 £488 -2.50% 32
South East +19 10 £419 -22.09% 3
North of England +36 9 £488 +2.63% 12
Scotland +37 3 £506 +7.14% 9
North East +27 3 £400 -15.79%
North West +18 3 £488 - 12
Yorkshire +18 3 £488 +14.71%
South West +18 3 £550 +12.82%
Midlands +31 2 £594 +13.10% 7
West Midlands +30 2 £594 +7.95% 6
Wales - 2 £469 -
East of England +14 1 £525 +31.25% 2
Northern Ireland - 1 £488 -

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

For the 6 months to 18 April 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 25 (29.76%) Security Cleared
2 23 (27.38%) Social Skills
3 17 (20.24%) SC Cleared
4 16 (19.05%) Stakeholder Management
4 16 (19.05%) Business Strategy
5 14 (16.67%) BusinessObjects
6 13 (15.48%) Finance
7 11 (13.10%) Analytical Skills
8 10 (11.90%) Public Sector
8 10 (11.90%) Agile
8 10 (11.90%) German Language
9 8 (9.52%) Process Improvement
9 8 (9.52%) Risk Management
10 7 (8.33%) Telecoms
10 7 (8.33%) SAP
10 7 (8.33%) User Stories
10 7 (8.33%) Problem-Solving
10 7 (8.33%) Dynamics 365
10 7 (8.33%) Roadmaps
10 7 (8.33%) Impact Assessments
11 6 (7.14%) Storyboarding
11 6 (7.14%) DV Cleared
11 6 (7.14%) Radio Access Network
11 6 (7.14%) Business Analysis
11 6 (7.14%) ERP
12 5 (5.95%) Microsoft
12 5 (5.95%) Business Continuity
12 5 (5.95%) Use Case
12 5 (5.95%) Decision-Making
13 4 (4.76%) Target Operating Model

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 2 (2.38%) SharePoint
2 1 (1.19%) Adobe Experience Manager
2 1 (1.19%) CMS
Business Applications
1 2 (2.38%) Aligne
1 2 (2.38%) Dynamics NAV
2 1 (1.19%) Dynamics AX
2 1 (1.19%) Dynamics CRM
2 1 (1.19%) Fidessa
2 1 (1.19%) Hyperion Planning
2 1 (1.19%) Oracle ERP
2 1 (1.19%) SAP MM
2 1 (1.19%) Teamcenter
Cloud Services
1 7 (8.33%) Dynamics 365
2 3 (3.57%) Azure
3 2 (2.38%) Power Platform
3 2 (2.38%) SaaS
4 1 (1.19%) Microsoft 365
4 1 (1.19%) OCI
4 1 (1.19%) PowerApps
Communications & Networking
1 6 (7.14%) Radio Access Network
Database & Business Intelligence
1 14 (16.67%) BusinessObjects
2 1 (1.19%) Oracle BI Publisher
2 1 (1.19%) Oracle Reports
General
1 23 (27.38%) Social Skills
2 13 (15.48%) Finance
3 11 (13.10%) Analytical Skills
4 10 (11.90%) German Language
4 10 (11.90%) Public Sector
5 7 (8.33%) Telecoms
6 3 (3.57%) Marketing
7 2 (2.38%) Agriculture
7 2 (2.38%) Automotive
7 2 (2.38%) Manufacturing
7 2 (2.38%) Organisational Skills
7 2 (2.38%) Presentation Skills
8 1 (1.19%) Banking
8 1 (1.19%) Front Office
8 1 (1.19%) Inclusion and Diversity
8 1 (1.19%) Influencing Skills
8 1 (1.19%) Investment Banking
8 1 (1.19%) Welsh Language
Libraries, Frameworks & Software Standards
1 1 (1.19%) .NET
1 1 (1.19%) J2EE
1 1 (1.19%) Oracle Fusion
Miscellaneous
1 2 (2.38%) Management Information System
1 2 (2.38%) Product Ownership
1 2 (2.38%) Renewable Energy
1 2 (2.38%) Solar Panel
2 1 (1.19%) Analytical Mindset
2 1 (1.19%) Cyberattack
2 1 (1.19%) Life Science
2 1 (1.19%) Self-Motivation
2 1 (1.19%) Taxonomies
Processes & Methodologies
1 16 (19.05%) Business Strategy
1 16 (19.05%) Stakeholder Management
2 10 (11.90%) Agile
3 8 (9.52%) Process Improvement
3 8 (9.52%) Risk Management
4 7 (8.33%) Impact Assessments
4 7 (8.33%) Problem-Solving
4 7 (8.33%) Roadmaps
4 7 (8.33%) User Stories
5 6 (7.14%) Business Analysis
5 6 (7.14%) ERP
5 6 (7.14%) Storyboarding
6 5 (5.95%) Business Continuity
6 5 (5.95%) Decision-Making
6 5 (5.95%) Use Case
7 4 (4.76%) Accounts Payable
7 4 (4.76%) Artificial Intelligence
7 4 (4.76%) Project Management
7 4 (4.76%) Target Operating Model
8 3 (3.57%) Change Management
Programming Languages
1 2 (2.38%) SQL
2 1 (1.19%) ABAP
2 1 (1.19%) Java
Qualifications
1 25 (29.76%) Security Cleared
2 17 (20.24%) SC Cleared
3 6 (7.14%) DV Cleared
4 1 (1.19%) BPSS Clearance
4 1 (1.19%) Degree
4 1 (1.19%) Six Sigma Black Belt
4 1 (1.19%) Six Sigma Green Belt
Quality Assurance & Compliance
1 2 (2.38%) QA
2 1 (1.19%) ISO 22301
Vendors
1 7 (8.33%) SAP
2 5 (5.95%) Microsoft
3 3 (3.57%) Oracle
4 2 (2.38%) Ariba
5 1 (1.19%) Adobe
5 1 (1.19%) Calypso
5 1 (1.19%) Charles River
5 1 (1.19%) Hyperion
5 1 (1.19%) IFS
5 1 (1.19%) ION Trading
5 1 (1.19%) MuleSoft
5 1 (1.19%) Murex
5 1 (1.19%) Sage
5 1 (1.19%) Siemens
5 1 (1.19%) Wallstreet Suite
5 1 (1.19%) Yardi