Cost Optimization
UK > UK excluding London
The following table provides summary statistics for contract job vacancies advertised in the UK excluding London with a requirement for Cost Optimisation skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cost Optimisation over the 6 months to 17 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 17 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 369 | 436 | 467 |
| Rank change year-on-year | +67 | +31 | -38 |
| Contract jobs citing Cost Optimisation | 16 | 10 | 38 |
| As % of all contract jobs advertised in the UK excluding London | 0.079% | 0.044% | 0.12% |
| As % of the Processes & Methodologies category | 0.093% | 0.049% | 0.14% |
| Number of daily rates quoted | 10 | 5 | 28 |
| 10th Percentile | £350 | £463 | £434 |
| 25th Percentile | £394 | £519 | £463 |
| Median daily rate (50th Percentile) | £563 | £550 | £558 |
| Median % change year-on-year | +2.27% | -1.35% | +1.36% |
| 75th Percentile | £684 | £836 | £675 |
| 90th Percentile | £888 | £842 | £700 |
| UK median daily rate | £558 | £550 | £600 |
| % change year-on-year | +1.36% | -8.33% | +16.50% |
All Process and Methodology Skills
UK excluding London
Cost Optimisation 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 the UK excluding London with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 17,140 | 20,557 | 27,119 |
| As % of all contract IT jobs advertised in the UK excluding London | 84.34% | 89.47% | 89.11% |
| Number of daily rates quoted | 10,220 | 14,177 | 18,943 |
| 10th Percentile | £250 | £256 | £238 |
| 25th Percentile | £381 | £400 | £388 |
| Median daily rate (50th Percentile) | £500 | £500 | £480 |
| Median % change year-on-year | - | +4.17% | +9.43% |
| 75th Percentile | £600 | £600 | £575 |
| 90th Percentile | £688 | £688 | £655 |
| UK median daily rate | £525 | £550 | £530 |
| % change year-on-year | -4.55% | +3.77% | +8.16% |
| Number of hourly rates quoted | 2,064 | 1,258 | 1,350 |
| 10th Percentile | £12.35 | £10.63 | £12.25 |
| 25th Percentile | £15.25 | £15.25 | £14.25 |
| Median hourly rate | £37.50 | £35.00 | £20.00 |
| Median % change year-on-year | +7.14% | +75.00% | -6.54% |
| 75th Percentile | £61.30 | £65.00 | £47.25 |
| 90th Percentile | £72.50 | £73.72 | £61.52 |
| UK median hourly rate | £36.05 | £35.65 | £25.68 |
| % change year-on-year | +1.11% | +38.82% | +5.90% |
Cost Optimisation
Job Vacancy Trend in the UK excluding London
Job postings citing Cost Optimisation as a proportion of all IT jobs advertised in the UK excluding London.
Cost Optimisation
Contractor Daily Rate Trend in the UK excluding London
3-month moving average daily rate quoted in jobs citing Cost Optimisation in the UK excluding London.
Cost Optimisation
Daily Rate Histogram in the UK excluding London
Daily rate distribution for jobs citing Cost Optimisation in the UK excluding London over the 6 months to 17 May 2024.
Cost Optimisation
Contractor Hourly Rate Trend in the UK excluding London
3-month moving average hourly rates quoted in jobs citing Cost Optimisation in the UK excluding London.
Cost Optimisation
Contract Job Locations in the UK excluding London
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cost Optimisation within the UK excluding London region over the 6 months to 17 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 |
|---|---|---|---|---|---|
| North of England | +33 | 9 | £563 | -32.55% | 12 |
| North West | - | 6 | £675 | - | 6 |
| Midlands | +30 | 3 | £350 | - | 3 |
| West Midlands | +25 | 3 | £350 | - | 2 |
| Yorkshire | +15 | 3 | £450 | - | 3 |
| Scotland | +46 | 2 | - | - | |
| South East | +16 | 1 | £675 | +22.73% | 9 |
| East of England | +10 | 1 | - | - | 1 |
| Cost Optimisation UK |
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Cost Optimisation
Co-occurring Skills and Capabilities in the UK excluding 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: