Business Consultant Contracts in London

Business Consultant
England > London

The median Business Consultant daily rate in London is £650 according to job vacancies posted during the 6 months to 23 May 2024.

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

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 369 451 560
Rank change year-on-year +82 +109 -123
Contract jobs requiring a Business Consultant 32 44 52
As % of all contract jobs advertised in London 0.18% 0.17% 0.13%
As % of the Job Titles category 0.20% 0.18% 0.14%
Number of daily rates quoted 21 23 34
10th Percentile £425 £450 £373
25th Percentile £500 £488 £466
Median daily rate (50th Percentile) £650 £575 £550
Median % change year-on-year +13.04% +4.55% +11.39%
75th Percentile £950 £650 £671
90th Percentile £1,050 £800 £760
England median daily rate £550 £525 £525
% change year-on-year +4.76% - +5.00%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in London with a recognized job title 16,262 24,406 36,823
% of contract IT jobs with a recognized job title 93.45% 95.15% 95.30%
Number of daily rates quoted 11,760 17,762 27,009
10th Percentile £325 £363 £375
25th Percentile £441 £463 £473
Median daily rate (50th Percentile) £550 £578 £575
Median % change year-on-year -4.76% +0.43% +9.52%
75th Percentile £681 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £528
% change year-on-year -4.55% +4.27% +7.11%
Number of hourly rates quoted 319 282 435
10th Percentile £16.02 £18.00 £16.25
25th Percentile £20.22 £22.53 £22.59
Median hourly rate £27.50 £36.00 £35.00
Median % change year-on-year -23.61% +2.86% +15.32%
75th Percentile £44.25 £62.64 £49.25
90th Percentile £65.23 £82.48 £66.30
England median hourly rate £37.18 £45.00 £23.00
% change year-on-year -17.38% +95.65% +6.98%

Business Consultant
Job Vacancy Trend in London

Job postings that featured Business Consultant in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Business Consultant in London

Business Consultant
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Business Consultant in London.

Daily rate trend for Business Consultant in London

Business Consultant
Daily Rate Histogram in London

Daily rate distribution for jobs citing Business Consultant in London over the 6 months to 23 May 2024.

Daily rate histogram for Business Consultant in London

Business Consultant
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Business Consultant in London.

Hourly rate trend for Business Consultant in London

Business Consultant
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Business Consultant within the London region over the 6 months to 23 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
Central London +39 3 £513 +7.89% 4
Business Consultant
England

Business Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 23 May 2024, Business Consultant contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Business Consultant in the job title.

1 10 (31.25%) Social Skills
2 8 (25.00%) Finance
3 7 (21.88%) German Language
3 7 (21.88%) Analytical Skills
3 7 (21.88%) Public Sector
4 6 (18.75%) Business Strategy
4 6 (18.75%) Risk Management
5 5 (15.63%) Decision-Making
6 4 (12.50%) Problem-Solving
6 4 (12.50%) Target Operating Model
6 4 (12.50%) SAP
6 4 (12.50%) Business Analysis
7 3 (9.38%) Artificial Intelligence
7 3 (9.38%) Qualitative Analysis
7 3 (9.38%) Acceptance Criteria
7 3 (9.38%) Innovative Thinking
7 3 (9.38%) Business Case
8 2 (6.25%) Presentation Skills
8 2 (6.25%) Solar Panel
8 2 (6.25%) Dynamics 365
8 2 (6.25%) Renewable Energy
8 2 (6.25%) Strategic Thinking
8 2 (6.25%) Value Proposition
8 2 (6.25%) Requirements Gathering
8 2 (6.25%) ETRM
8 2 (6.25%) CRM
8 2 (6.25%) Ariba
8 2 (6.25%) Workflow
8 2 (6.25%) Manufacturing
8 2 (6.25%) Stakeholder Management

Business Consultant Skill Set
Co-occurring Skills and Capabilities in London 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 (3.13%) SharePoint
Business Applications
1 2 (6.25%) Aligne
2 1 (3.13%) Fidessa
2 1 (3.13%) SAP MM
Cloud Services
1 2 (6.25%) Dynamics 365
2 1 (3.13%) Azure
2 1 (3.13%) SaaS
General
1 10 (31.25%) Social Skills
2 8 (25.00%) Finance
3 7 (21.88%) Analytical Skills
3 7 (21.88%) German Language
3 7 (21.88%) Public Sector
4 2 (6.25%) Manufacturing
4 2 (6.25%) Presentation Skills
5 1 (3.13%) Agriculture
5 1 (3.13%) Automotive
5 1 (3.13%) Banking
5 1 (3.13%) Front Office
5 1 (3.13%) Inclusion and Diversity
5 1 (3.13%) Investment Banking
Miscellaneous
1 2 (6.25%) Management Information System
1 2 (6.25%) Renewable Energy
1 2 (6.25%) Solar Panel
2 1 (3.13%) Analytical Mindset
Processes & Methodologies
1 6 (18.75%) Business Strategy
1 6 (18.75%) Risk Management
2 5 (15.63%) Decision-Making
3 4 (12.50%) Business Analysis
3 4 (12.50%) Problem-Solving
3 4 (12.50%) Target Operating Model
4 3 (9.38%) Acceptance Criteria
4 3 (9.38%) Artificial Intelligence
4 3 (9.38%) Business Case
4 3 (9.38%) Innovative Thinking
4 3 (9.38%) Qualitative Analysis
5 2 (6.25%) Agile
5 2 (6.25%) CRM
5 2 (6.25%) ETRM
5 2 (6.25%) Project Management
5 2 (6.25%) Requirements Gathering
5 2 (6.25%) Stakeholder Management
5 2 (6.25%) Strategic Thinking
5 2 (6.25%) Use Case
5 2 (6.25%) Workflow
Qualifications
1 1 (3.13%) Degree
1 1 (3.13%) Security Cleared
1 1 (3.13%) Six Sigma Black Belt
1 1 (3.13%) Six Sigma Green Belt
Vendors
1 4 (12.50%) SAP
2 2 (6.25%) Ariba
3 1 (3.13%) Calypso
3 1 (3.13%) Charles River
3 1 (3.13%) IFS
3 1 (3.13%) ION Trading
3 1 (3.13%) Murex
3 1 (3.13%) Sage
3 1 (3.13%) ServiceNow
3 1 (3.13%) Wallstreet Suite
3 1 (3.13%) Yardi