Benchmarking Contracts with Work from Home Options

Benchmarking
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for Benchmarking skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Benchmarking 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 342 417 546
Rank change year-on-year +75 +129 -112
Contract jobs citing Benchmarking 7 47 64
As % of all contract jobs with a WFH option 0.047% 0.19% 0.14%
As % of the Processes & Methodologies category 0.053% 0.21% 0.16%
Number of daily rates quoted 5 28 53
10th Percentile £447 £450 £413
25th Percentile £480 £500 £463
Median daily rate (50th Percentile) £500 £590 £525
Median % change year-on-year -15.25% +12.38% +23.53%
75th Percentile £588 £600 £600
90th Percentile £618 £675 £675
UK median daily rate £475 £605 £550
% change year-on-year -21.42% +9.91% +27.91%
Number of hourly rates quoted 1 2 0
10th Percentile - £20.99 -
25th Percentile £14.00 £21.16 -
Median hourly rate £15.50 £22.88 -
Median % change year-on-year -32.24% - -
75th Percentile £17.00 £25.16 -
90th Percentile - £25.66 -
UK median hourly rate £15.79 £22.88 £22.68
% change year-on-year -30.97% +0.86% -42.58%

All Process and Methodology Skills
Work from Home

Benchmarking 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 with a WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,102 22,417 40,338
As % of all contract jobs with a WFH option 87.99% 89.73% 91.05%
Number of daily rates quoted 8,786 15,844 29,294
10th Percentile £325 £363 £363
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
75th Percentile £638 £650 £631
90th Percentile £750 £750 £725
UK median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +8.16%
Number of hourly rates quoted 571 517 543
10th Percentile £15.00 £18.63 £14.30
25th Percentile £25.25 £28.62 £20.75
Median hourly rate £43.00 £52.50 £37.78
Median % change year-on-year -18.10% +38.98% +54.18%
75th Percentile £60.00 £68.75 £57.50
90th Percentile £75.25 £80.00 £71.60
UK median hourly rate £36.50 £36.40 £25.68
% change year-on-year +0.29% +41.73% +4.82%

Benchmarking
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Benchmarking as a proportion of all IT jobs advertised.

Benchmarking trend for jobs with a WFH option

Benchmarking
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Benchmarking.

Benchmarking daily rate for jobs with a WFH option

Benchmarking
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Benchmarking over the 6 months to 14 May 2024.

Benchmarking daily rate histogram for jobs with a WFH option

Benchmarking
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Benchmarking.

Benchmarking hourly rate for jobs with a WFH option

Benchmarking
Co-occurring Skills and Capabilities with WFH Options 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 1 (14.29%) Anypoint
1 1 (14.29%) Confluence
Applications
1 1 (14.29%) UserZoom
Cloud Services
1 1 (14.29%) Azure
1 1 (14.29%) Figma
1 1 (14.29%) Microsoft 365
1 1 (14.29%) Power Platform
Development Applications
1 1 (14.29%) JIRA
General
1 4 (57.14%) Social Skills
2 2 (28.57%) Finance
3 1 (14.29%) Analytical Skills
3 1 (14.29%) Influencing Skills
3 1 (14.29%) Manufacturing
3 1 (14.29%) Public Sector
Job Titles
1 3 (42.86%) Analyst
2 2 (28.57%) Data Analyst
2 2 (28.57%) Project Manager
2 2 (28.57%) Senior
2 2 (28.57%) Senior Analyst
2 2 (28.57%) Senior Data Analyst
3 1 (14.29%) Architect
3 1 (14.29%) Assistant Project Manager
3 1 (14.29%) Financial Analyst
3 1 (14.29%) Integration Manager
3 1 (14.29%) Integration Project Manager
3 1 (14.29%) Solutions Architect
3 1 (14.29%) User Experience Researcher
Libraries, Frameworks & Software Standards
1 1 (14.29%) Middleware
Miscellaneous
1 1 (14.29%) Low-Code
Processes & Methodologies
1 2 (28.57%) Collaborative Working
1 2 (28.57%) Data Modelling
1 2 (28.57%) Project Management
1 2 (28.57%) Workshop Facilitation
2 1 (14.29%) Architecture Governance
2 1 (14.29%) Business Case
2 1 (14.29%) Customer-Centricity
2 1 (14.29%) Decision-Making
2 1 (14.29%) Line Management
2 1 (14.29%) Matrix Organization
2 1 (14.29%) Personalization
2 1 (14.29%) Problem-Solving
2 1 (14.29%) Project Delivery
2 1 (14.29%) Resource Allocation
2 1 (14.29%) Stakeholder and Relationship Management
2 1 (14.29%) Supplier Relationship Management
2 1 (14.29%) Technical Leadership
2 1 (14.29%) Thought Leadership
2 1 (14.29%) User Experience
2 1 (14.29%) Wireframes
Qualifications
1 2 (28.57%) Degree
Vendors
1 1 (14.29%) Microsoft
1 1 (14.29%) MuleSoft