Payroll Consultant Contracts

Payroll Consultant
UK

The median Payroll Consultant daily rate in the UK is £625 according to job vacancies posted during the 6 months to 28 May 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
28 May 2024
Same period 2023 Same period 2022
Rank 532 633 796
Rank change year-on-year +101 +163 -99
Contract jobs requiring a Payroll Consultant 53 56 59
As % of all contract jobs advertised in the UK 0.12% 0.100% 0.067%
As % of the Job Titles category 0.13% 0.11% 0.070%
Number of daily rates quoted 37 25 26
10th Percentile £422 £478 £498
25th Percentile £505 £538 £532
Median daily rate (50th Percentile) £625 £600 £575
Median % change year-on-year +4.17% +4.35% +7.73%
75th Percentile £627 £673 £650
90th Percentile £633 £688 £700
UK excluding London median daily rate £500 £590 £520
% change year-on-year -15.25% +13.46% -6.52%

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 39,738 53,234 84,137
% of contract IT jobs with a recognized job title 92.79% 94.60% 95.36%
Number of daily rates quoted 25,861 37,175 59,182
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +10.47%
Number of hourly rates quoted 2,776 1,475 2,018
10th Percentile £12.81 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.18 £45.00 £24.00
Median % change year-on-year -17.38% +87.50% +6.90%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £73.50 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Payroll Consultant
Job Vacancy Trend

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

Job vacancy trend for Payroll Consultant in the UK

Payroll Consultant
Contractor Daily Rate Trend

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

Daily rate trend for Payroll Consultant in the UK

Payroll Consultant
Daily Rate Histogram

Daily rate distribution for jobs citing Payroll Consultant over the 6 months to 28 May 2024.

Daily rate histogram for Payroll Consultant in the UK

Payroll Consultant
Contractor Hourly Rate Trend

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

Hourly rate trend for Payroll Consultant in the UK

Payroll Consultant
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payroll Consultant within the UK over the 6 months to 28 May 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 +100 41 £614 +2.38% 19
Work from Home +117 37 £625 +7.94% 20
London +91 27 £625 -3.85% 9
UK excluding London +25 12 £500 -15.25% 12
South East +9 4 £500 -16.67% 1
South West +8 4 £263 -
Midlands +20 2 £475 -17.96% 5
West Midlands +10 2 £475 - 4
North of England +23 1 - - 3
Yorkshire +15 1 - -
Scotland - 1 £593 - 2
Northern Ireland - 1 - - 1

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

For the 6 months to 28 May 2024, Payroll 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 Payroll Consultant in the job title.

1 19 (35.85%) SAP
2 17 (32.08%) Finance
2 17 (32.08%) ERP
3 16 (30.19%) SuccessFactors
4 15 (28.30%) Workday
4 15 (28.30%) Oracle
5 14 (26.42%) Human Resource Management
6 13 (24.53%) Workday HCM
6 13 (24.53%) Line Management
6 13 (24.53%) Workshop Facilitation
6 13 (24.53%) Commercial Awareness
7 12 (22.64%) People Management
7 12 (22.64%) Stakeholder Management
8 11 (20.75%) Agile
9 10 (18.87%) Oracle Fusion
9 10 (18.87%) OCI
10 8 (15.09%) Oracle Payroll
11 7 (13.21%) Social Skills
12 6 (11.32%) Public Sector
13 5 (9.43%) SAP Payroll
13 5 (9.43%) Microsoft
13 5 (9.43%) Security Cleared
14 4 (7.55%) SAP HCM
15 3 (5.66%) Local Government
15 3 (5.66%) Business Intelligence
15 3 (5.66%) Migration
15 3 (5.66%) Oracle EBS
16 2 (3.77%) Legal
16 2 (3.77%) SQL
16 2 (3.77%) Project Management

Payroll 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:

Applications
1 1 (1.89%) Spreadsheet
Business Applications
1 13 (24.53%) Workday HCM
2 8 (15.09%) Oracle Payroll
3 5 (9.43%) SAP Payroll
4 4 (7.55%) SAP HCM
5 3 (5.66%) Oracle EBS
6 2 (3.77%) iTrent
7 1 (1.89%) Maximo
7 1 (1.89%) Oracle EBS R12
7 1 (1.89%) Oracle ERP
7 1 (1.89%) Oracle General Ledger
7 1 (1.89%) Oracle Payables
7 1 (1.89%) Oracle Receivables
7 1 (1.89%) PeopleSoft HCM
7 1 (1.89%) ResourceLink
7 1 (1.89%) SAP ERP
7 1 (1.89%) SAP HR
Cloud Services
1 16 (30.19%) SuccessFactors
2 10 (18.87%) OCI
3 1 (1.89%) AWS
3 1 (1.89%) Azure
Database & Business Intelligence
1 2 (3.77%) BusinessObjects
1 2 (3.77%) BusinessObjects XI
2 1 (1.89%) Oracle BI Publisher
2 1 (1.89%) Oracle Reports
General
1 17 (32.08%) Finance
2 7 (13.21%) Social Skills
3 6 (11.32%) Public Sector
4 3 (5.66%) Local Government
5 2 (3.77%) Legal
6 1 (1.89%) Analytical Skills
6 1 (1.89%) Inclusion and Diversity
6 1 (1.89%) Italian Language
6 1 (1.89%) Organisational Skills
6 1 (1.89%) Presentation Skills
6 1 (1.89%) Telecoms
Libraries, Frameworks & Software Standards
1 10 (18.87%) Oracle Fusion
Miscellaneous
1 1 (1.89%) Data Structures
1 1 (1.89%) Enterprise Software
1 1 (1.89%) Management Information System
Processes & Methodologies
1 17 (32.08%) ERP
2 14 (26.42%) Human Resource Management
3 13 (24.53%) Commercial Awareness
3 13 (24.53%) Line Management
3 13 (24.53%) Workshop Facilitation
4 12 (22.64%) People Management
4 12 (22.64%) Stakeholder Management
5 11 (20.75%) Agile
6 3 (5.66%) Business Intelligence
6 3 (5.66%) Migration
7 2 (3.77%) Data Analysis
7 2 (3.77%) Data Cleansing
7 2 (3.77%) Data Migration
7 2 (3.77%) Problem-Solving
7 2 (3.77%) Project Delivery
7 2 (3.77%) Project Management
7 2 (3.77%) Time Management
8 1 (1.89%) DevOps
8 1 (1.89%) Requirements Gathering
8 1 (1.89%) Roadmaps
Programming Languages
1 2 (3.77%) SQL
Qualifications
1 5 (9.43%) Security Cleared
2 2 (3.77%) SC Cleared
3 1 (1.89%) CIPD
Vendors
1 19 (35.85%) SAP
2 15 (28.30%) Oracle
2 15 (28.30%) Workday
3 5 (9.43%) Microsoft
4 1 (1.89%) Ariba
4 1 (1.89%) Hyperion
4 1 (1.89%) IBM
4 1 (1.89%) JD Edwards
4 1 (1.89%) PeopleSoft