IT Buyer Contracts

IT Buyer
UK

The median IT Buyer daily rate in the UK is £458, according to job vacancies posted in the 6 months leading up to 31 October 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
31 Oct 2024
Same period 2023 Same period 2022
Rank 546 621 833
Rank change year-on-year +75 +212 -
Contract jobs requiring an IT Buyer 3 6 3
As % of all contract jobs advertised in the UK 0.008% 0.013% 0.004%
As % of the Job Titles category 0.009% 0.014% 0.004%
Number of daily rates quoted 2 4 2
10th Percentile £257 £524 £428
25th Percentile £331 £541 £450
Median daily rate (50th Percentile) £458 £563 £500
Median % change year-on-year -18.67% +12.50% -
75th Percentile £581 £588 £550
90th Percentile £652 - £573
UK excluding London median daily rate £215 £563 £500
% change year-on-year -61.78% +12.50% -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies. 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 UK with a recognized job title 33,956 44,250 77,454
% of contract IT jobs with a recognized job title 92.82% 93.82% 95.23%
Number of daily rates quoted 20,486 30,168 54,199
10th Percentile £300 £300 £316
25th Percentile £411 £413 £431
Median daily rate (50th Percentile) £525 £525 £550
Median % change year-on-year - -4.55% +10.00%
75th Percentile £638 £650 £650
90th Percentile £738 £744 £750
UK excluding London median daily rate £490 £500 £500
% change year-on-year -2.00% - +11.11%
Number of hourly rates quoted 1,295 1,536 1,766
10th Percentile £15.08 £14.89 £13.00
25th Percentile £20.27 £19.06 £16.50
Median hourly rate £38.00 £45.00 £27.73
Median % change year-on-year -15.56% +62.28% +38.65%
75th Percentile £65.00 £65.00 £60.50
90th Percentile £73.75 £77.50 £71.88
UK excluding London median hourly rate £37.50 £44.50 £23.50
% change year-on-year -15.73% +89.36% +31.43%

IT Buyer
Job Vacancy Trend

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

Job vacancy trend for IT Buyer in the UK

IT Buyer
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing IT Buyer.

Daily rate trend for IT Buyer in the UK

IT Buyer
Daily Rate Histogram

Daily rate distribution for jobs citing IT Buyer over the 6 months to 31 October 2024.

Daily rate histogram for IT Buyer in the UK

IT Buyer
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing IT Buyer.

Hourly rate trend for IT Buyer in the UK

IT Buyer
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IT Buyer within the UK over the 6 months to 31 October 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 +75 3 £458 -20.43% 2
UK excluding London +40 2 £215 -61.78% 3
Midlands - 2 £215 - 1
West Midlands - 2 £215 - 1
Work from Home +76 1 £700 +21.74% 1
London - 1 £700 -

IT Buyer Skill Set
Top 19 Co-occurring Skills and Capabilities

For the 6 months to 31 October 2024, IT Buyer 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 featuring IT Buyer in the job title.

1 3 (100.00%) SAP
1 3 (100.00%) Time Management
2 2 (66.67%) Commercial Awareness
2 2 (66.67%) Microsoft Excel
2 2 (66.67%) Oracle
2 2 (66.67%) Microsoft Office
2 2 (66.67%) Stakeholder Management
2 2 (66.67%) Budget Management
3 1 (33.33%) Document Management
3 1 (33.33%) Supplier Management
3 1 (33.33%) Finance
3 1 (33.33%) Law
3 1 (33.33%) Legal
3 1 (33.33%) Social Skills
3 1 (33.33%) CPIM
3 1 (33.33%) SaaS
3 1 (33.33%) Analytics
3 1 (33.33%) Procure-to-Pay
3 1 (33.33%) Contract Management

IT Buyer Skill Set
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:

Applications
1 2 (66.67%) Microsoft Excel
1 2 (66.67%) Microsoft Office
Cloud Services
1 1 (33.33%) SaaS
General
1 1 (33.33%) Finance
1 1 (33.33%) Law
1 1 (33.33%) Legal
1 1 (33.33%) Social Skills
Processes & Methodologies
1 3 (100.00%) Time Management
2 2 (66.67%) Budget Management
2 2 (66.67%) Commercial Awareness
2 2 (66.67%) Stakeholder Management
3 1 (33.33%) Analytics
3 1 (33.33%) Contract Management
3 1 (33.33%) Document Management
3 1 (33.33%) Procure-to-Pay
3 1 (33.33%) Supplier Management
Qualifications
1 1 (33.33%) CPIM
Vendors
1 3 (100.00%) SAP
2 2 (66.67%) Oracle