Cost Reduction
London > West London
The table below provides summary statistics for contract job vacancies advertised in West London requiring Cost Reduction skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Cost Reduction over the 6 months leading up to 27 June 2025, comparing them to the same period in the previous two years.
| 6 months to 27 Jun 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | - | 43 | - |
| Rank change year-on-year | - | - | - |
| Contract jobs citing Cost Reduction | 0 | 1 | 0 |
| As % of all contract jobs advertised in West London | - | 0.27% | - |
| As % of the Processes & Methodologies category | - | 0.30% | - |
| Number of daily rates quoted | 0 | 1 | 0 |
| Median daily rate (50th Percentile) | - | £761 | - |
| London median daily rate | £563 | £658 | £625 |
| % change year-on-year | -14.45% | +5.20% | +8.70% |
All Process and Methodology Skills
West London
Cost Reduction 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 in West London.
| Contract vacancies with a requirement for process or methodology skills | 213 | 330 | 575 |
| As % of all contract IT jobs advertised in West London | 93.42% | 89.43% | 92.59% |
| Number of daily rates quoted | 128 | 236 | 451 |
| 10th Percentile | £225 | £250 | £306 |
| 25th Percentile | £330 | £350 | £494 |
| Median daily rate (50th Percentile) | £418 | £475 | £575 |
| Median % change year-on-year | -12.11% | -17.39% | +11.65% |
| 75th Percentile | £513 | £588 | £650 |
| 90th Percentile | £600 | £650 | £700 |
| London median daily rate | £550 | £550 | £588 |
| % change year-on-year | - | -6.38% | +2.17% |
| Number of hourly rates quoted | 28 | 27 | 44 |
| 10th Percentile | £20.24 | £16.25 | £26.78 |
| 25th Percentile | £20.45 | £20.22 | £38.88 |
| Median hourly rate | £25.15 | £30.16 | £64.50 |
| Median % change year-on-year | -16.61% | -53.24% | +230.77% |
| 75th Percentile | £32.60 | £58.75 | £76.25 |
| 90th Percentile | £52.90 | £65.80 | £90.00 |
| London median hourly rate | £32.00 | £30.00 | £40.00 |
| % change year-on-year | +6.67% | -25.00% | +9.86% |
Cost Reduction
Job Vacancy Trend in West London
Job postings citing Cost Reduction as a proportion of all IT jobs advertised in West London.
Cost Reduction
Contractor Daily Rate Trend in West London
3-month moving average daily rate quoted in jobs citing Cost Reduction in West London.
Cost Reduction
Contractor Hourly Rate Trend in West London
3-month moving average hourly rates quoted in jobs citing Cost Reduction in West London.