Budgeting and Forecasting Contracts

Budgeting and Forecasting
UK

The following table provides summary statistics for contract job vacancies with a requirement for Budgeting and Forecasting skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Budgeting and Forecasting over the 6 months to 9 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 May 2024
Same period 2023 Same period 2022
Rank 506 606 684
Rank change year-on-year +100 +78 -83
Contract jobs citing Budgeting and Forecasting 85 99 163
As % of all contract jobs advertised in the UK 0.20% 0.17% 0.19%
As % of the Processes & Methodologies category 0.23% 0.19% 0.21%
Number of daily rates quoted 44 56 89
10th Percentile - £385 £330
25th Percentile £413 £463 £400
Median daily rate (50th Percentile) £492 £550 £500
Median % change year-on-year -10.64% +10.00% -3.85%
75th Percentile £597 £670 £600
90th Percentile £646 £729 £660
UK excluding London median daily rate £475 £490 £503
% change year-on-year -3.06% -2.49% +11.67%
Number of hourly rates quoted 9 0 3
10th Percentile £29.77 - -
25th Percentile £33.65 - £27.50
Median hourly rate £36.50 - £30.00
75th Percentile £40.00 - £51.25
90th Percentile £42.91 - £62.50
UK excluding London median hourly rate £53.03 - £70.00

All Process and Methodology Skills
UK

Budgeting and Forecasting 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 with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,140 52,105 79,027
As % of all contract IT jobs advertised in the UK 86.25% 89.83% 90.58%
Number of daily rates quoted 23,924 36,124 55,482
10th Percentile £300 £325 £340
25th Percentile £413 £438 £426
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,439 1,724 1,874
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.17 £15.50
Median hourly rate £36.50 £36.00 £25.18
Median % change year-on-year +1.39% +42.97% +2.78%
75th Percentile £60.00 £65.00 £49.25
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.00 £35.00 £20.00
% change year-on-year +8.57% +75.00% -6.98%

Budgeting and Forecasting
Job Vacancy Trend

Job postings citing Budgeting and Forecasting as a proportion of all IT jobs advertised.

Job vacancy trend for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Budgeting and Forecasting.

Daily rate trend for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Daily Rate Histogram

Daily rate distribution for jobs citing Budgeting and Forecasting over the 6 months to 9 May 2024.

Daily rate histogram for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Budgeting and Forecasting.

Hourly rate trend for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Hourly Rate Histogram

Hourly rate distribution of jobs citing Budgeting and Forecasting over the 6 months to 9 May 2024.

Hourly rate histogram for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Budgeting and Forecasting within the UK over the 6 months to 9 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
England +104 76 £493 -10.36% 163
UK excluding London +49 46 £475 -3.06% 99
London +75 33 £575 -4.17% 64
Work from Home +115 23 £493 -17.83% 55
South East +34 22 £425 -12.82% 29
Midlands +37 10 £425 -26.09% 18
West Midlands +24 10 £425 -26.09% 6
North of England +24 7 £519 -4.77% 24
North West +11 7 £519 -2.99% 12
Scotland +36 2 £475 +18.75% 3
South West +14 2 £550 +38.36% 14
East of England +4 1 - - 12
Northern Ireland - 1 £400 -
Wales - 1 £625 - 1

Budgeting and Forecasting
Co-occurring Skills and Capabilities 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 (1.18%) Apache
1 1 (1.18%) IIS
1 1 (1.18%) nginx
1 1 (1.18%) SharePoint
Applications
1 9 (10.59%) Microsoft Excel
2 4 (4.71%) Microsoft Office
3 3 (3.53%) AutoCAD
3 3 (3.53%) Revit
4 2 (2.35%) Microsoft PowerPoint
5 1 (1.18%) Microsoft Project
5 1 (1.18%) Spreadsheet
Business Applications
1 4 (4.71%) SAP S/4HANA
2 1 (1.18%) Cloudability
Cloud Services
1 5 (5.88%) Power Platform
2 3 (3.53%) AWS
2 3 (3.53%) Dynamics 365
3 2 (2.35%) Azure
3 2 (2.35%) Microsoft 365
3 2 (2.35%) SaaS
4 1 (1.18%) AWS CloudFormation
4 1 (1.18%) Azure DevOps
4 1 (1.18%) WhatsApp
Communications & Networking
1 4 (4.71%) Firewall
2 3 (3.53%) IP Telephony
3 2 (2.35%) CTI
4 1 (1.18%) Internet
4 1 (1.18%) ISDN
4 1 (1.18%) Network Security
Database & Business Intelligence
1 5 (5.88%) Power BI
2 4 (4.71%) Oracle Reports
3 1 (1.18%) Metadata
3 1 (1.18%) MySQL
3 1 (1.18%) PostgreSQL
3 1 (1.18%) Relational Database
3 1 (1.18%) SQL Server
Development Applications
1 3 (3.53%) JIRA
2 1 (1.18%) GitLab
2 1 (1.18%) Jenkins
2 1 (1.18%) Team Foundation Server
General
1 48 (56.47%) Finance
2 23 (27.06%) Social Skills
3 12 (14.12%) Analytical Skills
4 9 (10.59%) Public Sector
5 7 (8.24%) Presentation Skills
5 7 (8.24%) Social Housing
6 5 (5.88%) Influencing Skills
6 5 (5.88%) Local Government
6 5 (5.88%) Telecoms
7 4 (4.71%) Banking
7 4 (4.71%) Corporate Banking
7 4 (4.71%) Inclusion and Diversity
7 4 (4.71%) Investment Banking
7 4 (4.71%) Manufacturing
7 4 (4.71%) Retail
7 4 (4.71%) Retail Banking
8 2 (2.35%) General Ledger
8 2 (2.35%) Legal
8 2 (2.35%) Marketing
8 2 (2.35%) Tech for Good
Job Titles
1 22 (25.88%) Project Manager
2 13 (15.29%) Lead
3 11 (12.94%) Analyst
3 11 (12.94%) IT Manager
4 9 (10.59%) Senior
5 6 (7.06%) Business Manager
5 6 (7.06%) Engagement Manager
6 5 (5.88%) Finance Manager
6 5 (5.88%) Financial Analyst
6 5 (5.88%) IT Project Manager
7 4 (4.71%) Digital Product Owner
7 4 (4.71%) Operations Manager
7 4 (4.71%) Performance Manager
7 4 (4.71%) Product Owner
8 3 (3.53%) Business Analyst
8 3 (3.53%) Developer
8 3 (3.53%) Senior Financial Analyst
8 3 (3.53%) Senior Manager
8 3 (3.53%) Senior Project Manager
8 3 (3.53%) Service Analyst
Libraries, Frameworks & Software Standards
1 1 (1.18%) LDAP
Miscellaneous
1 5 (5.88%) Product Ownership
2 4 (4.71%) Data Centre
3 3 (3.53%) FMCG
3 3 (3.53%) Onboarding
3 3 (3.53%) Team-Oriented Environment
4 2 (2.35%) Housing Association
4 2 (2.35%) Management Information System
5 1 (1.18%) Data Protection Act
5 1 (1.18%) Handset
5 1 (1.18%) Reinsurance
5 1 (1.18%) Virtual Team
Operating Systems
1 7 (8.24%) Windows
2 5 (5.88%) Linux
3 4 (4.71%) Unix
Processes & Methodologies
1 29 (34.12%) Budgeting
2 25 (29.41%) Agile
3 16 (18.82%) Project Management
4 15 (17.65%) Stakeholder Management
5 12 (14.12%) Budget Management
5 12 (14.12%) Project Delivery
6 11 (12.94%) Problem-Solving
7 9 (10.59%) Stakeholder Engagement
8 8 (9.41%) Analytics
8 8 (9.41%) Decision-Making
8 8 (9.41%) ERP
8 8 (9.41%) Waterfall
9 7 (8.24%) Programme Management
9 7 (8.24%) Risk Management
9 7 (8.24%) Roadmaps
10 6 (7.06%) Business Intelligence
10 6 (7.06%) ITIL
10 6 (7.06%) Logistics
10 6 (7.06%) Proactive Management
10 6 (7.06%) Service Management
Programming Languages
1 1 (1.18%) PowerShell
Qualifications
1 13 (15.29%) Security Cleared
2 10 (11.76%) Degree
3 8 (9.41%) SC Cleared
4 6 (7.06%) ACCA
4 6 (7.06%) CIMA
5 3 (3.53%) AWS Certification
5 3 (3.53%) Master's Degree
5 3 (3.53%) PRINCE2 Practitioner
6 1 (1.18%) APMG
6 1 (1.18%) APMP
6 1 (1.18%) AWS Certified DevOps Engineer
6 1 (1.18%) AWS Certified Solutions Architect
6 1 (1.18%) CIPFA
6 1 (1.18%) DV Cleared
6 1 (1.18%) ICAEW
Quality Assurance & Compliance
1 5 (5.88%) PMO
2 2 (2.35%) PCI DSS
3 1 (1.18%) QA
System Software
1 4 (4.71%) Active Directory
Systems Management
1 3 (3.53%) IBM BigFix
1 3 (3.53%) Tivoli
2 1 (1.18%) Ansible
2 1 (1.18%) Progress Chef
2 1 (1.18%) Puppet
2 1 (1.18%) Salt
2 1 (1.18%) Terraform
Vendors
1 11 (12.94%) Microsoft
2 5 (5.88%) Oracle
3 4 (4.71%) SAP
3 4 (4.71%) Siemens
4 3 (3.53%) Remedy
4 3 (3.53%) ServiceNow
5 1 (1.18%) Anaplan
5 1 (1.18%) Ariba
5 1 (1.18%) Atlassian
5 1 (1.18%) Avaya
5 1 (1.18%) Cisco
5 1 (1.18%) Planview
5 1 (1.18%) Progress