Cost Reduction
West Midlands > Birmingham
The following table provides summary statistics for contract job vacancies advertised in Birmingham with a requirement for Cost Reduction skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cost Reduction over the 6 months to 2 June 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 2 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 61 | - | 81 |
| Rank change year-on-year | - | - | - |
| Contract jobs citing Cost Reduction | 2 | 0 | 11 |
| As % of all contract jobs advertised in Birmingham | 0.27% | - | 0.84% |
| As % of the Processes & Methodologies category | 0.33% | - | 0.92% |
| Number of daily rates quoted | 1 | 0 | 7 |
| 10th Percentile | - | - | £213 |
| 25th Percentile | £413 | - | £281 |
| Median daily rate (50th Percentile) | £425 | - | £550 |
| 75th Percentile | £438 | - | - |
| 90th Percentile | - | - | - |
| West Midlands median daily rate | £588 | - | £550 |
| % change year-on-year | - | - | +3.77% |
| Number of hourly rates quoted | 0 | 0 | 2 |
| 10th Percentile | - | - | £12.88 |
| 25th Percentile | - | - | £13.06 |
| Median hourly rate | - | - | £14.75 |
| 75th Percentile | - | - | £17.06 |
| 90th Percentile | - | - | £17.63 |
| West Midlands median hourly rate | - | - | £14.75 |
All Process and Methodology Skills
Birmingham
Cost Reduction 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 Birmingham with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 609 | 781 | 1,199 |
| As % of all contract IT jobs advertised in Birmingham | 81.85% | 86.78% | 91.81% |
| Number of daily rates quoted | 407 | 512 | 858 |
| 10th Percentile | £237 | £263 | £244 |
| 25th Percentile | £375 | £398 | £381 |
| Median daily rate (50th Percentile) | £475 | £513 | £490 |
| Median % change year-on-year | -7.32% | +4.59% | +15.29% |
| 75th Percentile | £581 | £638 | £600 |
| 90th Percentile | £688 | £706 | £688 |
| West Midlands median daily rate | £500 | £520 | £495 |
| % change year-on-year | -3.85% | +5.05% | +16.47% |
| Number of hourly rates quoted | 43 | 31 | 18 |
| 10th Percentile | £13.25 | £12.00 | £12.72 |
| 25th Percentile | £18.50 | £12.50 | £14.00 |
| Median hourly rate | £26.00 | £20.71 | £17.25 |
| Median % change year-on-year | +25.57% | +20.03% | -4.17% |
| 75th Percentile | £47.13 | £29.38 | £18.00 |
| 90th Percentile | £56.25 | £53.75 | £20.00 |
| West Midlands median hourly rate | £22.50 | £20.97 | £17.00 |
| % change year-on-year | +7.30% | +23.35% | +9.68% |
Cost Reduction
Job Vacancy Trend in Birmingham
Job postings citing Cost Reduction as a proportion of all IT jobs advertised in Birmingham.
Cost Reduction
Contractor Daily Rate Trend in Birmingham
3-month moving average daily rate quoted in jobs citing Cost Reduction in Birmingham.
Cost Reduction
Contractor Hourly Rate Trend in Birmingham
3-month moving average hourly rates quoted in jobs citing Cost Reduction in Birmingham.
Cost Reduction
Co-occurring Skills and Capabilities in Birmingham 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: