Cost Analyst Contracts

Cost Analyst
UK

The median Cost Analyst daily rate in the UK is £550 according to job vacancies posted during the 6 months to 25 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
25 Apr 2024
Same period 2023 Same period 2022
Rank 584 709 829
Rank change year-on-year +125 +120 -152
Contract jobs requiring a Cost Analyst 2 13 2
As % of all contract jobs advertised in the UK 0.005% 0.022% 0.002%
As % of the Job Titles category 0.005% 0.023% 0.002%
Number of daily rates quoted 1 8 2
10th Percentile - £475 £418
25th Percentile - £494 £425
Median daily rate (50th Percentile) £550 £575 £450
Median % change year-on-year -4.35% +27.78% -34.55%
75th Percentile - £625 £475
90th Percentile - - £483
UK excluding London median daily rate - - £425
% change year-on-year - - -41.38%

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 40,482 56,783 84,604
% of contract IT jobs with a recognized job title 92.77% 94.58% 95.49%
Number of daily rates quoted 26,407 39,621 59,331
10th Percentile £275 £313 £313
25th Percentile £408 £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 £750 £750 £725
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,642 1,607 2,111
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £19.45 £15.50
Median hourly rate £35.68 £45.00 £23.00
Median % change year-on-year -20.71% +95.65% +1.41%
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £75.60 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.63%

Cost Analyst
Job Vacancy Trend

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

Job vacancy trend for Cost Analyst in the UK

Cost Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Cost Analyst.

Daily rate trend for Cost Analyst in the UK

Cost Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Cost Analyst.

Hourly rate trend for Cost Analyst in the UK

Cost Analyst
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cost Analyst within the UK over the 6 months to 25 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 +110 2 £550 -4.35% 1
London +96 2 £550 -4.35% 1

Cost Analyst Skill Set
Top 14 Co-occurring Skills and Capabilities

For the 6 months to 25 April 2024, Cost Analyst 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 Cost Analyst in the job title.

1 1 (50.00%) Finance
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Banking
1 1 (50.00%) Data Analysis
1 1 (50.00%) Investment Banking
1 1 (50.00%) Retail Banking
1 1 (50.00%) Wealth Management
1 1 (50.00%) User Stories
1 1 (50.00%) Analytical Skills
1 1 (50.00%) Accounts Payable
1 1 (50.00%) Problem-Solving
1 1 (50.00%) Business Case
1 1 (50.00%) Social Skills
1 1 (50.00%) Cost Accounting

Cost Analyst 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:

General
1 1 (50.00%) Analytical Skills
1 1 (50.00%) Banking
1 1 (50.00%) Finance
1 1 (50.00%) Investment Banking
1 1 (50.00%) Retail Banking
1 1 (50.00%) Social Skills
Processes & Methodologies
1 1 (50.00%) Accounts Payable
1 1 (50.00%) Business Case
1 1 (50.00%) Cost Accounting
1 1 (50.00%) Data Analysis
1 1 (50.00%) Problem-Solving
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) User Stories
1 1 (50.00%) Wealth Management