Period
to 23 November 2017

The median contractor rate for a Buyer was £281 per day in advertised job vacancies during the 6 months to 23 November 2017.

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

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Buyer
UK
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 874 876 881
Rank change year-on-year +2 +5 -3
Contract jobs requiring a Buyer 13 15 14
As % of all contract IT jobs advertised in the UK 0.013% 0.014% 0.012%
As % of the Job Titles category 0.013% 0.015% 0.013%
Number of daily rates quoted 10 9 7
UK median daily rate £281 £400 £350
Median daily rate % change year-on-year -29.69% +14.29% -20.00%
10th Percentile £213 £295 £253
90th Percentile £406 £508 £402
UK excluding London median daily rate £263 £450 £350
% change year-on-year -41.67% +28.57% -20.00%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 97742 99747 107875
% of contract IT jobs with a recognized job title 94.80% 94.76% 94.91%
Number of daily rates quoted 64508 65028 68632
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +3.45%
Number of hourly rates quoted 2923 3319 4120
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Buyer
Job Vacancy Trend

Job postings that featured Buyer in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Buyer in the UK

Buyer
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Buyer.

Contractor daily rate trend for Buyer in the UK

Buyer
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Buyer over the 6 months to 23 November 2017.

Contractor daily rate histogram for Buyer in the UK

Buyer
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Buyer.

Contractor hourly rate trend for Buyer in the UK

Buyer
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Buyer within the UK over the 6 months to 23 November 2017. 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
Job
Vacancies
UK excluding London +37 12 £263 -41.67% 8
England +17 12 £263 -34.38% 9
North of England +65 6 £225 -43.75%
North West +26 6 £225 -43.75%
Midlands +24 3 £400 -20.00% 2
East Midlands -5 3 £400 -
East of England -17 2 £343 - 3
London -18 1 £464 +54.67% 2
Wales - 1 £300 - 1

Buyer Skill Set
Top 23 Co-occurring IT Skills

For the 6 months to 23 November 2017, Buyer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Buyer in the job title.

1 4 (30.77%) Stakeholder Engagement
1 4 (30.77%) Contract Management
1 4 (30.77%) GDPR
1 4 (30.77%) Microsoft Office
1 4 (30.77%) Microsoft
1 4 (30.77%) Telecoms
1 4 (30.77%) Finance
1 4 (30.77%) Stakeholder Management
1 4 (30.77%) Degree
2 2 (15.38%) Law
2 2 (15.38%) Legal
2 2 (15.38%) SAP
2 2 (15.38%) Procure-to-Pay
3 1 (7.69%) Stakeholder and Relationship Management
3 1 (7.69%) SC Cleared
3 1 (7.69%) Security Cleared
3 1 (7.69%) Financial Analysis
3 1 (7.69%) SharePoint
3 1 (7.69%) SLA
3 1 (7.69%) Oracle
3 1 (7.69%) Ariba
3 1 (7.69%) E-Procurement
3 1 (7.69%) Marketing

Buyer Skill Set
Co-occurring IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (7.69%) SharePoint
Applications
1 4 (30.77%) Microsoft Office
General
1 4 (30.77%) Finance
1 4 (30.77%) Telecoms
2 2 (15.38%) Law
2 2 (15.38%) Legal
3 1 (7.69%) Marketing
Processes & Methodologies
1 4 (30.77%) Contract Management
1 4 (30.77%) Stakeholder Engagement
1 4 (30.77%) Stakeholder Management
2 2 (15.38%) Procure-to-Pay
3 1 (7.69%) E-Procurement
3 1 (7.69%) Financial Analysis
3 1 (7.69%) Stakeholder and Relationship Management
Qualifications
1 4 (30.77%) Degree
2 1 (7.69%) SC Cleared
2 1 (7.69%) Security Cleared
Quality Assurance & Compliance
1 4 (30.77%) GDPR
2 1 (7.69%) SLA
Vendors
1 4 (30.77%) Microsoft
2 2 (15.38%) SAP
3 1 (7.69%) Ariba
3 1 (7.69%) Oracle