Cost Transparency Contracts

Cost Transparency
UK

The table below provides summary statistics for contract job vacancies requiring Cost Transparency skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Cost Transparency over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 512 581 716
Rank change year-on-year +69 +135 +137
Contract jobs citing Cost Transparency 8 1 2
As % of all contract jobs advertised in the UK 0.027% 0.002% 0.003%
As % of the Processes & Methodologies category 0.030% 0.003% 0.004%
Number of daily rates quoted 1 1 0
Median daily rate (50th Percentile) £300 £550 -
Median % change year-on-year -45.45% - -
UK excluding London median daily rate £300 - -
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £28.50 - -
Median hourly rate £29.00 - -
75th Percentile £29.50 - -
90th Percentile - - -
UK excluding London median hourly rate £29.00 - -

All Process and Methodology Skills
UK

Cost Transparency falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 26,594 37,597 53,655
As % of all contract IT jobs advertised in the UK 90.84% 86.31% 89.91%
Number of daily rates quoted 17,149 24,227 37,238
10th Percentile £308 £300 £325
25th Percentile £413 £413 £438
Median daily rate (50th Percentile) £520 £525 £550
Median % change year-on-year -0.95% -4.55% +4.76%
75th Percentile £630 £638 £650
90th Percentile £743 £750 £750
UK excluding London median daily rate £483 £500 £500
% change year-on-year -3.50% - +5.26%
Number of hourly rates quoted 1,071 2,443 1,746
10th Percentile £14.41 £12.75 £11.00
25th Percentile £18.21 £16.00 £16.25
Median hourly rate £29.00 £35.65 £37.30
Median % change year-on-year -18.65% -4.42% +49.20%
75th Percentile £60.38 £59.98 £65.00
90th Percentile £75.00 £72.50 £75.00
UK excluding London median hourly rate £27.50 £37.34 £36.00
% change year-on-year -26.35% +3.72% +80.00%

Cost Transparency
Job Vacancy Trend

Job postings citing Cost Transparency as a proportion of all IT jobs advertised.

Job vacancy trend for Cost Transparency in the UK

Cost Transparency
Contractor Daily Rate Trend

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

Daily rate trend for Cost Transparency in the UK

Cost Transparency
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cost Transparency within the UK over the 6 months to 1 May 2025. 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 +62 6 - - 1
London +43 6 - - 1
Work from Home - 5 £300 - 1
Northern Ireland - 2 £300 -
UK excluding London - 2 £300 - 1

Cost Transparency
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:

Applications
1 1 (12.50%) Microsoft PowerPoint
General
1 8 (100.00%) Finance
2 5 (62.50%) Analytical Skills
2 5 (62.50%) Banking
2 5 (62.50%) Presentation Skills
2 5 (62.50%) Social Skills
3 2 (25.00%) General Ledger
Job Titles
1 7 (87.50%) Business Analyst
2 6 (75.00%) Analyst
3 5 (62.50%) Data Business Analyst
4 3 (37.50%) Data Analyst
5 2 (25.00%) Credit Analyst
5 2 (25.00%) Market Analyst
5 2 (25.00%) Market Data Analyst
5 2 (25.00%) Market Data Business Analyst
6 1 (12.50%) Business Systems Analyst
6 1 (12.50%) Report Analyst
6 1 (12.50%) Systems Analyst
Miscellaneous
1 2 (25.00%) Management Information System
Processes & Methodologies
1 6 (75.00%) Contract Negotiation
1 6 (75.00%) Cost Reduction
1 6 (75.00%) Data Analysis
2 5 (62.50%) Decision-Making
3 2 (25.00%) Agile
3 2 (25.00%) Analytical Thinking
3 2 (25.00%) Business Analysis
3 2 (25.00%) Business Strategy
3 2 (25.00%) Commercial Awareness
3 2 (25.00%) Contract Management
3 2 (25.00%) Epics
3 2 (25.00%) Migration
3 2 (25.00%) Operations Management
3 2 (25.00%) Problem-Solving
3 2 (25.00%) Project Management
3 2 (25.00%) Requirements Gathering
3 2 (25.00%) Scrum
3 2 (25.00%) Stakeholder Management
4 1 (12.50%) Creative Thinking
4 1 (12.50%) User Stories
Qualifications
1 2 (25.00%) Degree