The median contractor rate for a Functional Consultant was £475 per day in advertised job vacancies in the West Midlands during the 3 months to 23 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Functional Consultant
England / West Midlands
Rank 108 125 104
Rank change year-on-year +17 -21  
Contract jobs requiring a Functional Consultant 8 5 18
As % of all contract IT jobs advertised in the West Midlands 0.35% 0.19% 0.73%
As % of the Job Titles category 0.37% 0.20% 0.78%
Number of daily rates quoted 7 2 8
Median daily rate £475 £480 £485
Median daily rate % change year-on-year -1.04% -0.92%  
90% offered a daily rate of more than £440 £404 £405
10% offered a daily rate of more than £510 £556 £500
UK excluding London median daily rate £475 £475 £475
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the West Midlands. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
West Midlands
Contract job vacancies with a job title containing a recognized job role 2139 2540 2306
As % of all contract IT job vacancies advertised in the West Midlands 93.73% 95.35% 93.82%
Number of daily rates quoted 1338 1405 1285
Median daily rate £400 £400 £350
Median daily rate % change year-on-year - +14.28%  
90% offered a daily rate of more than £240 £250 £213
10% offered a daily rate of more than £513 £515 £500
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 103 73 169
Median hourly rate £16.00 £16.00 £16.50
Median hourly rate % change year-on-year - -3.03%  
90% offered a hourly rate of more than £11.50 £10.00 £11.50
10% offered a hourly rate of more than £32.50 £35.00 £34.20
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Functional Consultant
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands that featured Functional Consultant in the job title.

Job vacancy trend for Functional Consultant in the West Midlands

Functional Consultant
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Functional Consultant in the West Midlands.

Contractor daily rate trend for Functional Consultant in the West Midlands

Functional Consultant
Contract Job Locations in the West Midlands

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 West Midlands region over the 3 months to 23 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Birmingham - 3 £475 - 2
Staffordshire - 1 £450 -
Functional Consultant
England

Functional Consultant Skill Set
Top 30 Related IT Skills in the West Midlands

For the 6 months to 23 March 2017, Functional Consultant contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region featuring Functional Consultant in the job title.

1 11 (68.75%) Microsoft
2 8 (50.00%) CRM
2 8 (50.00%) Dynamics CRM
3 4 (25.00%) ERP
3 4 (25.00%) Finance
4 3 (18.75%) Migration
4 3 (18.75%) Oracle
4 3 (18.75%) Dynamics AX
4 3 (18.75%) Technical Architecture
4 3 (18.75%) Data Migration
5 2 (12.50%) Oracle General Ledger
5 2 (12.50%) Oracle Payables
5 2 (12.50%) Oracle Receivables
5 2 (12.50%) Oracle Financials
5 2 (12.50%) Supply Chain Management
6 1 (6.25%) Logistics
6 1 (6.25%) General Ledger
6 1 (6.25%) Taleo
6 1 (6.25%) Data Protection
6 1 (6.25%) User Acceptance Testing
6 1 (6.25%) Test Scripting
6 1 (6.25%) System Testing
6 1 (6.25%) SAP
6 1 (6.25%) C
6 1 (6.25%) PL/SQL
6 1 (6.25%) SQL
6 1 (6.25%) Business Intelligence
6 1 (6.25%) Oracle Discoverer
6 1 (6.25%) Manufacturing
6 1 (6.25%) Advertising

Functional Consultant Skill Set
Top Related IT Skills in the West Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 8 (50.00%) Dynamics CRM
2 3 (18.75%) Dynamics AX
3 2 (12.50%) Oracle Financials
3 2 (12.50%) Oracle General Ledger
3 2 (12.50%) Oracle Payables
3 2 (12.50%) Oracle Receivables
4 1 (6.25%) Oracle Assets
4 1 (6.25%) Oracle EBS
4 1 (6.25%) Oracle EBS R12
4 1 (6.25%) SAP EWM
4 1 (6.25%) Unit4 Business World
Cloud Services
1 1 (6.25%) Taleo
Database & Business Intelligence
1 1 (6.25%) Oracle Discoverer
General
1 4 (25.00%) Finance
2 1 (6.25%) Advertising
2 1 (6.25%) General Ledger
2 1 (6.25%) Manufacturing
Libraries, Frameworks & Software Standards
1 1 (6.25%) Oracle Fusion
Miscellaneous
1 1 (6.25%) Analytical Skills
Processes & Methodologies
1 8 (50.00%) CRM
2 4 (25.00%) ERP
3 3 (18.75%) Data Migration
3 3 (18.75%) Migration
3 3 (18.75%) Technical Architecture
4 2 (12.50%) Supply Chain Management
5 1 (6.25%) Business Intelligence
5 1 (6.25%) Change Control
5 1 (6.25%) Data Protection
5 1 (6.25%) Logistics
5 1 (6.25%) Project Management
5 1 (6.25%) Root Cause Analysis
5 1 (6.25%) System Testing
5 1 (6.25%) Test Scripting
5 1 (6.25%) User Acceptance Testing
Programming Languages
1 1 (6.25%) C
1 1 (6.25%) PL/SQL
1 1 (6.25%) SQL
Vendors
1 11 (68.75%) Microsoft
2 3 (18.75%) Oracle
3 1 (6.25%) SAP