Payroll Consultant Contracts

Payroll Consultant
UK

The median Payroll Consultant daily rate in the UK is £625 according to job vacancies posted during the 6 months to 14 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
14 May 2024
Same period 2023 Same period 2022
Rank 540 649 774
Rank change year-on-year +109 +125 -91
Contract jobs requiring a Payroll Consultant 47 57 57
As % of all contract jobs advertised in the UK 0.11% 0.099% 0.065%
As % of the Job Titles category 0.12% 0.10% 0.068%
Number of daily rates quoted 35 24 21
10th Percentile £418 £474 £375
25th Percentile £503 £534 £505
Median daily rate (50th Percentile) £625 £590 £563
Median % change year-on-year +5.93% +4.89% +13.41%
75th Percentile £626 £666 £650
90th Percentile £629 £688 £700
UK excluding London median daily rate £475 £580 £500
% change year-on-year -18.10% +16.00% -10.11%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes 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 39,586 54,569 84,106
% of contract IT jobs with a recognized job title 92.77% 94.66% 95.42%
Number of daily rates quoted 25,744 38,105 59,089
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.01%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,669 1,523 2,070
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.45 £15.75
Median hourly rate £37.18 £45.00 £23.91
Median % change year-on-year -17.38% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £73.02 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Payroll Consultant
Job Vacancy Trend

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

Job vacancy trend for Payroll Consultant in the UK

Payroll Consultant
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Payroll Consultant.

Daily rate trend for Payroll Consultant in the UK

Payroll Consultant
Daily Rate Histogram

Daily rate distribution for jobs citing Payroll Consultant over the 6 months to 14 May 2024.

Daily rate histogram for Payroll Consultant in the UK

Payroll Consultant
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Payroll Consultant.

Hourly rate trend for Payroll Consultant in the UK

Payroll Consultant
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Payroll Consultant within the UK over the 6 months to 14 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 +103 36 £613 +2.23% 12
Work from Home +125 34 £625 +10.72% 12
London +87 24 £625 -5.66% 3
UK excluding London +52 9 £475 -18.10% 9
South East +16 4 £500 -16.67% 1
South West +12 3 £263 - 1
West Midlands +22 1 £475 - 2
Yorkshire +21 1 - -
Midlands +20 1 £475 -17.96% 3
North of England +20 1 - - 1

Payroll Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 14 May 2024, Payroll 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 featuring Payroll Consultant in the job title.

1 17 (36.17%) SAP
2 16 (34.04%) Finance
3 15 (31.91%) SuccessFactors
3 15 (31.91%) ERP
3 15 (31.91%) Workday
4 14 (29.79%) Human Resource Management
5 13 (27.66%) Workday HCM
5 13 (27.66%) Line Management
5 13 (27.66%) Commercial Awareness
5 13 (27.66%) Workshop Facilitation
6 12 (25.53%) People Management
6 12 (25.53%) Stakeholder Management
7 11 (23.40%) Agile
7 11 (23.40%) Oracle
8 8 (17.02%) OCI
9 7 (14.89%) Oracle Fusion
10 6 (12.77%) Oracle Payroll
11 5 (10.64%) Public Sector
11 5 (10.64%) Social Skills
12 4 (8.51%) Microsoft
12 4 (8.51%) SAP HCM
13 3 (6.38%) Security Cleared
13 3 (6.38%) Business Intelligence
13 3 (6.38%) Migration
13 3 (6.38%) SAP Payroll
14 2 (4.26%) Oracle EBS
14 2 (4.26%) BusinessObjects
14 2 (4.26%) SC Cleared
14 2 (4.26%) BusinessObjects XI
14 2 (4.26%) Time Management

Payroll Consultant 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 1 (2.13%) Spreadsheet
Business Applications
1 13 (27.66%) Workday HCM
2 6 (12.77%) Oracle Payroll
3 4 (8.51%) SAP HCM
4 3 (6.38%) SAP Payroll
5 2 (4.26%) iTrent
5 2 (4.26%) Oracle EBS
6 1 (2.13%) Maximo
6 1 (2.13%) Oracle EBS R12
6 1 (2.13%) Oracle General Ledger
6 1 (2.13%) Oracle Payables
6 1 (2.13%) Oracle Receivables
6 1 (2.13%) ResourceLink
6 1 (2.13%) SAP HR
Cloud Services
1 15 (31.91%) SuccessFactors
2 8 (17.02%) OCI
3 1 (2.13%) Azure
Database & Business Intelligence
1 2 (4.26%) BusinessObjects
1 2 (4.26%) BusinessObjects XI
2 1 (2.13%) Oracle BI Publisher
2 1 (2.13%) Oracle Reports
General
1 16 (34.04%) Finance
2 5 (10.64%) Public Sector
2 5 (10.64%) Social Skills
3 2 (4.26%) Local Government
4 1 (2.13%) Analytical Skills
4 1 (2.13%) Italian Language
4 1 (2.13%) Legal
4 1 (2.13%) Organisational Skills
4 1 (2.13%) Presentation Skills
4 1 (2.13%) Telecoms
Libraries, Frameworks & Software Standards
1 7 (14.89%) Oracle Fusion
Miscellaneous
1 1 (2.13%) Data Structures
1 1 (2.13%) Management Information System
Processes & Methodologies
1 15 (31.91%) ERP
2 14 (29.79%) Human Resource Management
3 13 (27.66%) Commercial Awareness
3 13 (27.66%) Line Management
3 13 (27.66%) Workshop Facilitation
4 12 (25.53%) People Management
4 12 (25.53%) Stakeholder Management
5 11 (23.40%) Agile
6 3 (6.38%) Business Intelligence
6 3 (6.38%) Migration
7 2 (4.26%) Data Analysis
7 2 (4.26%) Data Migration
7 2 (4.26%) Problem-Solving
7 2 (4.26%) Project Delivery
7 2 (4.26%) Time Management
8 1 (2.13%) Data Cleansing
8 1 (2.13%) Data Protection
8 1 (2.13%) Defect Management
8 1 (2.13%) DevOps
8 1 (2.13%) Requirements Gathering
Programming Languages
1 1 (2.13%) SQL
Qualifications
1 3 (6.38%) Security Cleared
2 2 (4.26%) SC Cleared
Vendors
1 17 (36.17%) SAP
2 15 (31.91%) Workday
3 11 (23.40%) Oracle
4 4 (8.51%) Microsoft
5 1 (2.13%) Ariba
5 1 (2.13%) IBM