Procure-to-Pay (including Purchase-to-Pay, P2P)
England > London
The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Procure-to-Pay skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Procure-to-Pay over the 6 months to 31 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 31 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 336 | 373 | 496 |
| Rank change year-on-year | +37 | +123 | -75 |
| Contract jobs citing Procure-to-Pay | 54 | 104 | 98 |
| As % of all contract jobs advertised in London | 0.31% | 0.41% | 0.25% |
| As % of the Processes & Methodologies category | 0.35% | 0.45% | 0.27% |
| Number of daily rates quoted | 38 | 54 | 71 |
| 10th Percentile | £436 | £356 | £363 |
| 25th Percentile | £481 | £470 | £463 |
| Median daily rate (50th Percentile) | £550 | £575 | £575 |
| Median % change year-on-year | -4.35% | - | +1.05% |
| 75th Percentile | £669 | £648 | £681 |
| 90th Percentile | £745 | £875 | £763 |
| England median daily rate | £550 | £575 | £550 |
| % change year-on-year | -4.35% | +4.55% | +3.04% |
| Number of hourly rates quoted | 0 | 1 | 0 |
| Median hourly rate | - | £95.00 | - |
| England median hourly rate | £30.00 | £75.00 | - |
| % change year-on-year | -60.00% | - | - |
All Process and Methodology Skills
London
Procure-to-Pay 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 London with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 15,450 | 23,106 | 35,695 |
| As % of all contract IT jobs advertised in London | 88.36% | 90.87% | 92.20% |
| Number of daily rates quoted | 11,083 | 16,714 | 26,163 |
| 10th Percentile | £340 | £375 | £390 |
| 25th Percentile | £449 | £475 | £475 |
| Median daily rate (50th Percentile) | £550 | £590 | £575 |
| Median % change year-on-year | -6.78% | +2.61% | +9.52% |
| 75th Percentile | £675 | £700 | £688 |
| 90th Percentile | £800 | £800 | £775 |
| England median daily rate | £525 | £550 | £543 |
| % change year-on-year | -4.55% | +1.38% | +8.50% |
| Number of hourly rates quoted | 320 | 262 | 405 |
| 10th Percentile | £15.50 | £18.00 | £16.50 |
| 25th Percentile | £20.00 | £22.50 | £23.91 |
| Median hourly rate | £28.00 | £39.21 | £35.08 |
| Median % change year-on-year | -28.59% | +11.79% | +7.35% |
| 75th Percentile | £48.75 | £64.50 | £50.00 |
| 90th Percentile | £68.08 | £82.50 | £67.50 |
| England median hourly rate | £37.50 | £37.50 | £25.00 |
| % change year-on-year | - | +50.00% | +11.11% |
Procure-to-Pay
Job Vacancy Trend in London
Job postings citing Procure-to-Pay as a proportion of all IT jobs advertised in London.
Procure-to-Pay
Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing Procure-to-Pay in London.
Procure-to-Pay
Daily Rate Histogram in London
Daily rate distribution for jobs citing Procure-to-Pay in London over the 6 months to 31 May 2024.
Procure-to-Pay
Contractor Hourly Rate Trend in London
3-month moving average hourly rates quoted in jobs citing Procure-to-Pay in London.
Procure-to-Pay
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 Procure-to-Pay within the London region over the 6 months to 31 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 | +38 | 4 | £600 | +5.26% | 1 |
| West London | +28 | 2 | £295 | -61.94% | 1 |
| East London | - | 1 | £540 | - | |
| Procure-to-Pay England |
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Procure-to-Pay
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: