Functional Consultant Contracts in the Midlands

Functional Consultant
England > Midlands

The median Functional Consultant daily rate in the Midlands is £550 according to job vacancies posted during the 6 months to 22 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
22 May 2024
Same period 2023 Same period 2022
Rank 125 145 188
Rank change year-on-year +20 +43 -42
Contract jobs requiring a Functional Consultant 10 15 16
As % of all contract jobs advertised in the Midlands 0.37% 0.46% 0.32%
As % of the Job Titles category 0.40% 0.49% 0.33%
Number of daily rates quoted 7 9 6
10th Percentile £463 £459 £491
25th Percentile £494 £488 £548
Median daily rate (50th Percentile) £550 £525 £613
Median % change year-on-year +4.76% -14.29% +28.95%
75th Percentile £619 £625 £647
90th Percentile £643 £643 £663
England median daily rate £575 £550 £575
% change year-on-year +4.55% -4.35% +9.52%

All Contract IT Job Vacancies
Midlands

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the Midlands. 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 the Midlands with a recognized job title 2,486 3,067 4,803
% of contract IT jobs with a recognized job title 92.38% 94.57% 95.91%
Number of daily rates quoted 1,694 2,157 3,506
10th Percentile £213 £225 £210
25th Percentile £325 £363 £361
Median daily rate (50th Percentile) £450 £475 £463
Median % change year-on-year -5.26% +2.70% +14.20%
75th Percentile £575 £588 £560
90th Percentile £676 £688 £650
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +6.60%
Number of hourly rates quoted 220 116 166
10th Percentile £11.83 £12.50 £11.63
25th Percentile £14.23 £15.18 £14.61
Median hourly rate £19.06 £20.55 £17.50
Median % change year-on-year -7.24% +17.43% +16.67%
75th Percentile £35.00 £32.77 £22.75
90th Percentile £52.01 £65.00 £35.00
England median hourly rate £37.18 £45.00 £23.00
% change year-on-year -17.38% +95.65% +5.80%

Functional Consultant
Job Vacancy Trend in the Midlands

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

Job vacancy trend for Functional Consultant in the Midlands

Functional Consultant
Contractor Daily Rate Trend in the Midlands

3-month moving average daily rate quoted in jobs citing Functional Consultant in the Midlands.

Daily rate trend for Functional Consultant in the Midlands

Functional Consultant
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Functional Consultant in the Midlands over the 6 months to 22 May 2024.

Daily rate histogram for Functional Consultant in the Midlands

Functional Consultant
Contract Job Locations in the Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Consultant within the Midlands region over the 6 months to 22 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
West Midlands +19 6 £550 -4.35% 10
East Midlands +5 1 £525 - 1
Functional Consultant
England

Functional Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities in the Midlands

For the 6 months to 22 May 2024, Functional 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 Midlands region featuring Functional Consultant in the job title.

1 5 (50.00%) SAP
1 5 (50.00%) Replication
2 4 (40.00%) Oracle
2 4 (40.00%) Data Modelling
2 4 (40.00%) Finance
3 3 (30.00%) SOA
3 3 (30.00%) Microsoft
3 3 (30.00%) ABAP
3 3 (30.00%) OO
3 3 (30.00%) SAP ALE
3 3 (30.00%) Web Dynpro
3 3 (30.00%) SAP Fiori
3 3 (30.00%) User Acceptance Testing
3 3 (30.00%) SAP MDG
3 3 (30.00%) IDoc
4 2 (20.00%) Digital Transformation Programme
4 2 (20.00%) Record to Report
4 2 (20.00%) GDPR
4 2 (20.00%) SAP S/4HANA
4 2 (20.00%) Oracle Payables
4 2 (20.00%) Oracle Receivables
4 2 (20.00%) Oracle Cash Management
4 2 (20.00%) Oracle Assets
4 2 (20.00%) Oracle Subledger Accounting
4 2 (20.00%) Mentoring
4 2 (20.00%) Oracle Fusion
4 2 (20.00%) Cash Management
4 2 (20.00%) Data Governance
4 2 (20.00%) Change Control
4 2 (20.00%) Oracle SOA Suite

Functional Consultant Skill Set
Co-occurring Skills and Capabilities in the 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:

Application Platforms
1 2 (20.00%) Oracle SOA Suite
Business Applications
1 3 (30.00%) SAP MDG
2 2 (20.00%) NetSuite
2 2 (20.00%) Oracle Assets
2 2 (20.00%) Oracle Cash Management
2 2 (20.00%) Oracle Payables
2 2 (20.00%) Oracle Receivables
2 2 (20.00%) Oracle Subledger Accounting
2 2 (20.00%) SAP S/4HANA
3 1 (10.00%) SAP MDG-BP
3 1 (10.00%) SAP MDG-F
3 1 (10.00%) SAP MM
Cloud Services
1 1 (10.00%) Dynamics 365
General
1 4 (40.00%) Finance
2 2 (20.00%) Law
2 2 (20.00%) Legal
3 1 (10.00%) Documentation Skills
3 1 (10.00%) Marketing
3 1 (10.00%) Retail
3 1 (10.00%) Social Skills
Libraries, Frameworks & Software Standards
1 3 (30.00%) IDoc
1 3 (30.00%) SAP ALE
1 3 (30.00%) SAP Fiori
1 3 (30.00%) Web Dynpro
2 2 (20.00%) Oracle Fusion
Miscellaneous
1 5 (50.00%) Replication
Processes & Methodologies
1 4 (40.00%) Data Modelling
2 3 (30.00%) OO
2 3 (30.00%) SOA
2 3 (30.00%) User Acceptance Testing
3 2 (20.00%) Cash Management
3 2 (20.00%) Change Control
3 2 (20.00%) Change Management
3 2 (20.00%) Data Governance
3 2 (20.00%) Digital Transformation Programme
3 2 (20.00%) Mentoring
3 2 (20.00%) Problem Management
3 2 (20.00%) Record to Report
3 2 (20.00%) Release Management
3 2 (20.00%) Risk Management
4 1 (10.00%) Cost Management
4 1 (10.00%) GAP Analysis
4 1 (10.00%) Inventory Management
4 1 (10.00%) Requirements Gathering
4 1 (10.00%) Thought Leadership
4 1 (10.00%) User Stories
Programming Languages
1 3 (30.00%) ABAP
Quality Assurance & Compliance
1 2 (20.00%) GDPR
Systems Management
1 2 (20.00%) CEMLI
Vendors
1 5 (50.00%) SAP
2 4 (40.00%) Oracle
3 3 (30.00%) Microsoft
4 2 (20.00%) Salesforce