Target Operating Model Contracts in the West Midlands

Target Operating Model (TOM)
England > West Midlands

The following table provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for Target Operating Model skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Target Operating Model over the 6 months to 14 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
14 May 2024
Same period 2023 Same period 2022
Rank 103 104 162
Rank change year-on-year +1 +58 -36
Contract jobs citing Target Operating Model 9 30 11
As % of all contract jobs advertised in the West Midlands 0.47% 1.30% 0.31%
As % of the Processes & Methodologies category 0.57% 1.48% 0.34%
Number of daily rates quoted 8 16 11
10th Percentile £560 £419 £463
25th Percentile £575 £491 £491
Median daily rate (50th Percentile) £625 £580 £566
Median % change year-on-year +7.76% +2.47% +31.25%
75th Percentile £650 £614 £594
90th Percentile £669 £693 £600
England median daily rate £575 £600 £575
% change year-on-year -4.17% +4.35% +4.55%

All Process and Methodology Skills
West Midlands

Target Operating Model is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the West Midlands with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 1,590 2,033 3,196
As % of all contract IT jobs advertised in the West Midlands 83.77% 88.35% 90.03%
Number of daily rates quoted 1,057 1,387 2,340
10th Percentile £275 £263 £275
25th Percentile £363 £400 £400
Median daily rate (50th Percentile) £500 £513 £490
Median % change year-on-year -2.44% +4.59% +15.29%
75th Percentile £625 £600 £575
90th Percentile £750 £700 £675
England median daily rate £525 £550 £538
% change year-on-year -4.55% +2.33% +7.50%
Number of hourly rates quoted 114 47 65
10th Percentile £11.08 £12.30 £12.00
25th Percentile £14.00 £13.31 £13.87
Median hourly rate £22.50 £19.00 £16.83
Median % change year-on-year +18.42% +12.93% +3.09%
75th Percentile £40.38 £28.13 £19.86
90th Percentile £58.00 £50.00 £21.40
England median hourly rate £36.50 £37.50 £25.00
% change year-on-year -2.67% +50.00% +6.61%

Target Operating Model
Job Vacancy Trend in the West Midlands

Job postings citing Target Operating Model as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Target Operating Model in the West Midlands

Target Operating Model
Contractor Daily Rate Trend in the West Midlands

3-month moving average daily rate quoted in jobs citing Target Operating Model in the West Midlands.

Daily rate trend for Target Operating Model in the West Midlands

Target Operating Model
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 Target Operating Model within the West Midlands region over the 6 months to 14 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
Coventry - 5 £625 -
Birmingham +1 1 £675 +28.57% 2
Target Operating Model
England

Target Operating Model
Co-occurring Skills and Capabilities in the West Midlands 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:

General
1 7 (77.78%) Public Sector
2 3 (33.33%) Social Skills
3 2 (22.22%) Finance
3 2 (22.22%) Presentation Skills
4 1 (11.11%) Analytical Skills
Job Titles
1 7 (77.78%) Project Manager
1 7 (77.78%) Senior
1 7 (77.78%) Senior Manager
1 7 (77.78%) Senior Project Manager
2 2 (22.22%) HR Manager
3 1 (11.11%) Analyst
3 1 (11.11%) Business Analyst
3 1 (11.11%) Lead
3 1 (11.11%) Risk Analyst
3 1 (11.11%) Risk Business Analyst
Processes & Methodologies
1 8 (88.89%) Agile
2 7 (77.78%) PRINCE2
3 6 (66.67%) Stakeholder Management
4 5 (55.56%) Project Delivery
5 4 (44.44%) Change Management
5 4 (44.44%) Continuous Improvement
5 4 (44.44%) Project Management
6 3 (33.33%) Risk Management
7 2 (22.22%) Analytics
7 2 (22.22%) Behavioural Change
7 2 (22.22%) Budget Management
7 2 (22.22%) Business Transformation
7 2 (22.22%) Cost Management
7 2 (22.22%) Decision-Making
7 2 (22.22%) Resource Management
8 1 (11.11%) Collaborative Working
8 1 (11.11%) Problem-Solving
8 1 (11.11%) Scaled Agile Framework
8 1 (11.11%) Thought Leadership
8 1 (11.11%) Workshop Facilitation
Qualifications
1 7 (77.78%) PRINCE2 Practitioner
2 1 (11.11%) CIPD