Procurement Specialist Contracts

Procurement Specialist
UK

The median Procurement Specialist daily rate in the UK is £550 according to job vacancies posted during the 6 months to 20 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
20 May 2024
Same period 2023 Same period 2022
Rank 564 676 847
Rank change year-on-year +112 +171 -162
Contract jobs requiring a Procurement Specialist 15 18 16
As % of all contract jobs advertised in the UK 0.035% 0.031% 0.018%
As % of the Job Titles category 0.038% 0.033% 0.019%
Number of daily rates quoted 11 11 9
10th Percentile £415 £480 £273
25th Percentile £466 £506 £288
Median daily rate (50th Percentile) £550 £550 £375
Median % change year-on-year - +46.67% +15.38%
75th Percentile £665 £569 £488
90th Percentile £680 £650 £613
UK excluding London median daily rate £550 £538 £388
% change year-on-year +2.33% +38.71% +19.23%

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 39,468 54,175 84,246
% of contract IT jobs with a recognized job title 92.79% 94.61% 95.40%
Number of daily rates quoted 25,716 37,826 59,224
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £543 £525
Median % change year-on-year -3.23% +3.33% +8.47%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £489 £500 £475
% change year-on-year -2.20% +5.26% +11.76%
Number of hourly rates quoted 2,674 1,504 2,051
10th Percentile £12.83 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.82
Median hourly rate £36.50 £45.00 £23.91
Median % change year-on-year -18.89% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.90 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +4.19%

Procurement Specialist
Job Vacancy Trend

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

Job vacancy trend for Procurement Specialist in the UK

Procurement Specialist
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Procurement Specialist.

Daily rate trend for Procurement Specialist in the UK

Procurement Specialist
Daily Rate Histogram

Daily rate distribution for jobs citing Procurement Specialist over the 6 months to 20 May 2024.

Daily rate histogram for Procurement Specialist in the UK

Procurement Specialist
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Procurement Specialist.

Hourly rate trend for Procurement Specialist in the UK

Procurement Specialist
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 Procurement Specialist within the UK over the 6 months to 20 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
UK excluding London +50 10 £550 +2.33% 15
England +113 8 £650 +18.18% 15
Work from Home +110 7 £550 -4.35% 14
Scotland +40 6 £508 +1.50% 1
London +101 4 £680 +18.26% 1
South East +20 4 £575 +4.55% 3

Procurement Specialist Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 20 May 2024, Procurement Specialist 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 Procurement Specialist in the job title.

1 6 (40.00%) Stakeholder Management
1 6 (40.00%) Public Sector
2 5 (33.33%) Contract Management
3 4 (26.67%) Analytics
4 3 (20.00%) Microsoft
5 2 (13.33%) SC Cleared
5 2 (13.33%) Security Cleared
5 2 (13.33%) Information Management
5 2 (13.33%) Performance Management
5 2 (13.33%) Analytical Skills
5 2 (13.33%) Mentoring
6 1 (6.67%) Software Licensing
6 1 (6.67%) Business Case
6 1 (6.67%) Organisational Skills
6 1 (6.67%) Social Skills
6 1 (6.67%) Microsoft Licensing
6 1 (6.67%) Spend Analysis
6 1 (6.67%) Source to Pay
6 1 (6.67%) Dynamics 365
6 1 (6.67%) Collaborative Working
6 1 (6.67%) Supplier Relationship Management
6 1 (6.67%) Contract Negotiation
6 1 (6.67%) Data Protection
6 1 (6.67%) Data Analysis
6 1 (6.67%) Supplier Management
6 1 (6.67%) Local Government
6 1 (6.67%) Requirements Analysis
6 1 (6.67%) Degree
6 1 (6.67%) Data Protection Act
6 1 (6.67%) SAP ERP

Procurement Specialist 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 (6.67%) Microsoft Excel
Business Applications
1 1 (6.67%) SAP ERP
Cloud Services
1 1 (6.67%) Dynamics 365
1 1 (6.67%) SaaS
General
1 6 (40.00%) Public Sector
2 2 (13.33%) Analytical Skills
3 1 (6.67%) Finance
3 1 (6.67%) Legal
3 1 (6.67%) Local Government
3 1 (6.67%) Organisational Skills
3 1 (6.67%) Social Skills
Miscellaneous
1 1 (6.67%) Data Protection Act
1 1 (6.67%) Enterprise Software
1 1 (6.67%) Management Information System
1 1 (6.67%) Microsoft Licensing
Processes & Methodologies
1 6 (40.00%) Stakeholder Management
2 5 (33.33%) Contract Management
3 4 (26.67%) Analytics
4 2 (13.33%) Information Management
4 2 (13.33%) Mentoring
4 2 (13.33%) Performance Management
5 1 (6.67%) Business Case
5 1 (6.67%) Collaborative Working
5 1 (6.67%) Contract Negotiation
5 1 (6.67%) Data Analysis
5 1 (6.67%) Data Protection
5 1 (6.67%) Performance Monitoring
5 1 (6.67%) Process Improvement
5 1 (6.67%) Procure-to-Pay
5 1 (6.67%) Requirements Analysis
5 1 (6.67%) Software Licensing
5 1 (6.67%) Source to Pay
5 1 (6.67%) Spend Analysis
5 1 (6.67%) Supplier Management
5 1 (6.67%) Supplier Relationship Management
Qualifications
1 2 (13.33%) SC Cleared
1 2 (13.33%) Security Cleared
2 1 (6.67%) Degree
Vendors
1 3 (20.00%) Microsoft
2 1 (6.67%) Citrix
2 1 (6.67%) HP
2 1 (6.67%) Oracle
2 1 (6.67%) SAP