Functional Consultant Contracts

Functional Consultant
UK

The median Functional Consultant daily rate in the UK is £579 according to job vacancies posted during the 6 months to 27 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
27 Apr 2024
Same period 2023 Same period 2022
Rank 332 506 548
Rank change year-on-year +174 +42 -80
Contract jobs requiring a Functional Consultant 286 215 317
As % of all contract jobs advertised in the UK 0.66% 0.36% 0.36%
As % of the Job Titles category 0.71% 0.38% 0.37%
Number of daily rates quoted 193 122 173
10th Percentile £450 £463 £425
25th Percentile £510 £500 £500
Median daily rate (50th Percentile) £579 £575 £550
Median % change year-on-year +0.70% +4.55% +4.76%
75th Percentile £638 £625 £610
90th Percentile £698 £688 £663
UK excluding London median daily rate £550 £550 £575
% change year-on-year - -4.35% +9.52%
Number of hourly rates quoted 2 0 0
10th Percentile £53.69 - -
25th Percentile £54.88 - -
Median hourly rate £58.72 - -
75th Percentile £61.53 - -
90th Percentile £62.09 - -
UK excluding London median hourly rate £58.72 - -

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 40,172 56,583 84,829
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.49%
Number of daily rates quoted 26,161 39,538 59,512
10th Percentile £275 £313 £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 £750 £750 £731
UK excluding London median daily rate £490 £500 £475
% change year-on-year -1.93% +5.26% +11.76%
Number of hourly rates quoted 2,642 1,585 2,099
10th Percentile £12.86 £14.27 £12.50
25th Percentile £16.30 £19.50 £15.50
Median hourly rate £35.83 £45.00 £23.00
Median % change year-on-year -20.38% +95.65% -
75th Percentile £60.00 £65.75 £48.75
90th Percentile £72.50 £76.00 £63.00
UK excluding London median hourly rate £37.50 £42.50 £19.50
% change year-on-year -11.76% +117.95% +2.55%

Functional Consultant
Job Vacancy Trend

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

Job vacancy trend for Functional Consultant in the UK

Functional Consultant
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Functional Consultant.

Daily rate trend for Functional Consultant in the UK

Functional Consultant
Daily Rate Histogram

Daily rate distribution for jobs citing Functional Consultant over the 6 months to 27 April 2024.

Daily rate histogram for Functional Consultant in the UK

Functional Consultant
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Functional Consultant.

Hourly rate trend for Functional Consultant in the UK

Functional 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 Functional Consultant within the UK over the 6 months to 27 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 +172 229 £550 -4.35% 46
Work from Home +167 138 £582 +5.82% 37
London +148 127 £575 - 13
UK excluding London +73 95 £550 - 25
South East +32 42 £600 +2.39% 5
North of England +27 22 £525 +5.00% 5
East of England +30 16 £525 +23.53% 4
North West +14 13 £525 +5.00% 3
Midlands +16 11 £563 +7.14% 8
Scotland - 8 £550 - 2
West Midlands +25 7 £575 +4.55% 8
Yorkshire +16 6 £450 -10.00% 1
North East +21 4 £400 -25.23% 1
South West +22 2 £500 -29.82%
East Midlands +14 1 £525 -
Wales - 1 £550 -

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

For the 6 months to 27 April 2024, Functional 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 Functional Consultant in the job title.

1 117 (40.91%) Finance
2 106 (37.06%) Social Skills
3 101 (35.31%) SAP
4 72 (25.17%) Dynamics 365
4 72 (25.17%) Oracle
5 62 (21.68%) Microsoft
6 51 (17.83%) Analytical Skills
7 42 (14.69%) Problem-Solving
8 38 (13.29%) SAP S/4HANA
9 37 (12.94%) Stakeholder Management
10 35 (12.24%) Azure
11 34 (11.89%) Agile
12 30 (10.49%) Oracle EBS
13 29 (10.14%) Logistics
13 29 (10.14%) Public Sector
14 28 (9.79%) Power Platform
15 27 (9.44%) DevOps
16 26 (9.09%) Azure DevOps
17 25 (8.74%) Requirements Gathering
17 25 (8.74%) Oracle EBS R12
18 23 (8.04%) Migration
18 23 (8.04%) CRM
18 23 (8.04%) Customer Service
19 21 (7.34%) Data Migration
20 20 (6.99%) E-business
20 20 (6.99%) Project Delivery
20 20 (6.99%) Procure-to-Pay
21 19 (6.64%) Data Modelling
21 19 (6.64%) Security Cleared
21 19 (6.64%) Degree

Functional 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 3 (1.05%) Adobe Experience Manager
1 3 (1.05%) SharePoint
2 2 (0.70%) Oracle SOA Suite
Applications
1 2 (0.70%) Microsoft Office
2 1 (0.35%) Microsoft Excel
2 1 (0.35%) Microsoft Project
Business Applications
1 38 (13.29%) SAP S/4HANA
2 30 (10.49%) Oracle EBS
3 25 (8.74%) Oracle EBS R12
4 17 (5.94%) Oracle Procure-to-Pay
5 16 (5.59%) Dynamics CRM
6 15 (5.24%) Maximo
7 14 (4.90%) SAP MDG
8 13 (4.55%) Oracle Payables
8 13 (4.55%) Oracle Receivables
9 12 (4.20%) Dynamics AX
10 11 (3.85%) SAP SD
11 9 (3.15%) SAP BRIM
11 9 (3.15%) SAP Hybris
11 9 (3.15%) SAP PSCD
12 8 (2.80%) Oracle Cash Management
13 6 (2.10%) Oracle Subledger Accounting
13 6 (2.10%) Sage 200
13 6 (2.10%) Sage 50
13 6 (2.10%) SAP FI
14 5 (1.75%) SAP PLM
Cloud Services
1 72 (25.17%) Dynamics 365
2 35 (12.24%) Azure
3 28 (9.79%) Power Platform
4 26 (9.09%) Azure DevOps
5 17 (5.94%) Power Automate
6 15 (5.24%) OCI
7 9 (3.15%) SAP Commerce Cloud
8 7 (2.45%) SuccessFactors
9 6 (2.10%) Microsoft 365
9 6 (2.10%) PowerApps
10 4 (1.40%) SaaS
11 1 (0.35%) Azure Data Factory
11 1 (0.35%) Oracle CX
11 1 (0.35%) Oracle Service Cloud
11 1 (0.35%) Salesforce Sales Cloud
11 1 (0.35%) Salesforce Service Cloud
11 1 (0.35%) WhatsApp
Database & Business Intelligence
1 16 (5.59%) Power BI
2 13 (4.55%) Data Lake
3 5 (1.75%) Oracle Reports
4 3 (1.05%) SAP HANA
5 2 (0.70%) Oracle Database
6 1 (0.35%) SAP BW
6 1 (0.35%) Siebel EIM
6 1 (0.35%) SQL Server Integration Services
Development Applications
1 9 (3.15%) Oracle Forms
2 3 (1.05%) JIRA
General
1 117 (40.91%) Finance
2 106 (37.06%) Social Skills
3 51 (17.83%) Analytical Skills
4 29 (10.14%) Public Sector
5 15 (5.24%) Billing
6 14 (4.90%) Manufacturing
6 14 (4.90%) Retail
7 13 (4.55%) Marketing
8 10 (3.50%) Telecoms
9 9 (3.15%) Pharmaceutical
10 8 (2.80%) General Ledger
10 8 (2.80%) Law
10 8 (2.80%) Presentation Skills
11 7 (2.45%) Documentation Skills
11 7 (2.45%) Legal
12 4 (1.40%) Influencing Skills
13 3 (1.05%) Publishing
14 2 (0.70%) Banking
14 2 (0.70%) Investment Banking
15 1 (0.35%) French Language
Libraries, Frameworks & Software Standards
1 10 (3.50%) Oracle Fusion
2 6 (2.10%) Lightning Web Components
2 6 (2.10%) Web Services
3 5 (1.75%) Middleware
3 5 (1.75%) SAP Fiori
4 4 (1.40%) SAP ALE
5 3 (1.05%) IDoc
5 3 (1.05%) Visualforce
5 3 (1.05%) Web Dynpro
6 2 (0.70%) EDI
7 1 (0.35%) ADO
7 1 (0.35%) BAPI
7 1 (0.35%) CSS
7 1 (0.35%) HTML
7 1 (0.35%) WebCenter
7 1 (0.35%) XML
Miscellaneous
1 8 (2.80%) Life Science
1 8 (2.80%) Product Ownership
2 7 (2.45%) Data Structures
3 6 (2.10%) Renewable Energy
4 5 (1.75%) Replication
5 3 (1.05%) Enterprise Software
5 3 (1.05%) Legacy Systems
5 3 (1.05%) Onboarding
6 2 (0.70%) Analytical Mindset
6 2 (0.70%) e-Learning
6 2 (0.70%) Management Information System
6 2 (0.70%) Solar Panel
7 1 (0.35%) Data Protection Act
7 1 (0.35%) FMCG
7 1 (0.35%) Hedge funds
7 1 (0.35%) Hybrid Cloud
7 1 (0.35%) Self-Motivation
7 1 (0.35%) Tandem
7 1 (0.35%) Taxonomies
Processes & Methodologies
1 42 (14.69%) Problem-Solving
2 37 (12.94%) Stakeholder Management
3 34 (11.89%) Agile
4 29 (10.14%) Logistics
5 27 (9.44%) DevOps
6 25 (8.74%) Requirements Gathering
7 23 (8.04%) CRM
7 23 (8.04%) Customer Service
7 23 (8.04%) Migration
8 21 (7.34%) Data Migration
9 20 (6.99%) E-business
9 20 (6.99%) Procure-to-Pay
9 20 (6.99%) Project Delivery
10 19 (6.64%) Data Modelling
11 18 (6.29%) User Acceptance Testing
12 17 (5.94%) Workshop Facilitation
13 16 (5.59%) Accounts Payable
13 16 (5.59%) User Stories
14 15 (5.24%) Accounts Receivable
14 15 (5.24%) ERP
Programming Languages
1 18 (6.29%) ABAP
2 4 (1.40%) SQL
3 3 (1.05%) PL/SQL
4 1 (0.35%) JavaScript
Qualifications
1 19 (6.64%) Degree
1 19 (6.64%) Security Cleared
2 18 (6.29%) SC Cleared
3 13 (4.55%) Microsoft Certification
4 5 (1.75%) BPSS Clearance
5 4 (1.40%) DV Cleared
6 2 (0.70%) Computer Science Degree
6 2 (0.70%) Oracle Certification
6 2 (0.70%) PMP
7 1 (0.35%) CBAP
7 1 (0.35%) PMI Certification
7 1 (0.35%) SAP Certification
7 1 (0.35%) Siebel Certification
7 1 (0.35%) Six Sigma Black Belt
7 1 (0.35%) Six Sigma Green Belt
Quality Assurance & Compliance
1 5 (1.75%) QA
2 2 (0.70%) GDPR
3 1 (0.35%) Data Quality
3 1 (0.35%) Disclosure Scotland
3 1 (0.35%) ITGC
3 1 (0.35%) PMO
3 1 (0.35%) Sarbanes-Oxley
Systems Management
1 2 (0.70%) CEMLI
Vendors
1 101 (35.31%) SAP
2 72 (25.17%) Oracle
3 62 (21.68%) Microsoft
4 13 (4.55%) Salesforce
5 9 (3.15%) Ariba
6 6 (2.10%) Sage
7 3 (1.05%) Adobe
7 3 (1.05%) MuleSoft
8 2 (0.70%) Conga
8 2 (0.70%) DocuSign
8 2 (0.70%) JD Edwards
9 1 (0.35%) CA
9 1 (0.35%) Cadence
9 1 (0.35%) Cognos
9 1 (0.35%) Concur
9 1 (0.35%) IBM
9 1 (0.35%) IFS
9 1 (0.35%) JDA
9 1 (0.35%) Kronos
9 1 (0.35%) Siebel