Procurement Manager Contracts

Procurement Manager
UK

The median Procurement Manager daily rate in the UK is £515 according to job vacancies posted during the 6 months to 9 June 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
9 Jun 2024
Same period 2023 Same period 2022
Rank 550 619 785
Rank change year-on-year +69 +166 -124
Contract jobs requiring a Procurement Manager 52 76 71
As % of all contract jobs advertised in the UK 0.12% 0.14% 0.081%
As % of the Job Titles category 0.13% 0.14% 0.085%
Number of daily rates quoted 29 63 53
10th Percentile £411 £475 £413
25th Percentile £425 £550 £463
Median daily rate (50th Percentile) £515 £600 £540
Median % change year-on-year -14.17% +11.11% +2.86%
75th Percentile £606 £650 £610
90th Percentile £780 £675 £700
UK excluding London median daily rate £475 £500 £495
% change year-on-year -5.00% +1.01% -7.91%
Number of hourly rates quoted 1 2 0
10th Percentile - £7.79 -
25th Percentile £22.50 £13.99 -
Median hourly rate £25.00 £24.33 -
Median % change year-on-year +2.77% - -
75th Percentile £27.50 £34.66 -
90th Percentile - £40.87 -
UK excluding London median hourly rate £25.00 £24.33 -
% change year-on-year +2.77% - -

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 40,232 52,519 83,570
% of contract IT jobs with a recognized job title 92.87% 94.52% 95.34%
Number of daily rates quoted 25,887 36,654 58,907
10th Percentile £280 £313 £315
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +6.60%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +8.68%
Number of hourly rates quoted 2,899 1,488 1,954
10th Percentile £12.86 £14.25 £12.60
25th Percentile £16.30 £19.39 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +16.28%
75th Percentile £61.88 £65.75 £49.75
90th Percentile £73.75 £76.33 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +7.17%

Procurement Manager
Job Vacancy Trend

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

Job vacancy trend for Procurement Manager in the UK

Procurement Manager
Contractor Daily Rate Trend

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

Daily rate trend for Procurement Manager in the UK

Procurement Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Procurement Manager over the 6 months to 9 June 2024.

Daily rate histogram for Procurement Manager in the UK

Procurement Manager
Contractor Hourly Rate Trend

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

Hourly rate trend for Procurement Manager in the UK

Procurement Manager
Top 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Procurement Manager within the UK over the 6 months to 9 June 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 +64 44 £495 -17.15% 62
UK excluding London +61 34 £475 -5.00% 37
London +40 15 £525 -12.50% 24
Work from Home +93 12 £475 -20.83% 22
South East +25 11 £538 +13.16% 4
North of England +24 6 £463 -7.50% 17
Yorkshire - 6 £463 - 4
Scotland - 6 £581 -
East of England +3 5 £425 - 2
Midlands +24 4 £602 +36.05% 14
West Midlands +16 4 £602 +4.70% 8
South West +12 2 £440 -8.52% 2

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

For the 6 months to 9 June 2024, Procurement Manager 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 Manager in the job title.

1 14 (26.92%) Finance
2 13 (25.00%) Contract Management
2 13 (25.00%) Public Sector
3 12 (23.08%) Social Skills
3 12 (23.08%) Legal
4 9 (17.31%) Law
4 9 (17.31%) Stakeholder Management
5 7 (13.46%) Line Management
5 7 (13.46%) Customer Experience
5 7 (13.46%) Contract Negotiation
6 6 (11.54%) Edge Computing
6 6 (11.54%) 5G
6 6 (11.54%) Hybrid Cloud
6 6 (11.54%) Telecoms
7 5 (9.62%) Project Management
7 5 (9.62%) Retail
8 4 (7.69%) Organisational Skills
8 4 (7.69%) Influencing Skills
8 4 (7.69%) Local Government
8 4 (7.69%) Degree
8 4 (7.69%) Oracle
9 3 (5.77%) CRM
9 3 (5.77%) Change Management
9 3 (5.77%) Risk Management
9 3 (5.77%) Supplier Management
9 3 (5.77%) Data Centre
9 3 (5.77%) Business Strategy
9 3 (5.77%) Decision-Making
10 2 (3.85%) Problem-Solving
10 2 (3.85%) Virtual Team

Procurement Manager 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 (1.92%) Microsoft Office
Business Applications
1 2 (3.85%) Oracle EBS
2 1 (1.92%) Maximo
Cloud Services
1 1 (1.92%) AWS
1 1 (1.92%) Power Platform
1 1 (1.92%) SaaS
Communications & Networking
1 6 (11.54%) 5G
Database & Business Intelligence
1 1 (1.92%) Power BI
General
1 14 (26.92%) Finance
2 13 (25.00%) Public Sector
3 12 (23.08%) Legal
3 12 (23.08%) Social Skills
4 9 (17.31%) Law
5 6 (11.54%) Telecoms
6 5 (9.62%) Retail
7 4 (7.69%) Influencing Skills
7 4 (7.69%) Local Government
7 4 (7.69%) Organisational Skills
8 2 (3.85%) Banking
9 1 (1.92%) Investment Banking
9 1 (1.92%) Marketing
9 1 (1.92%) Military
9 1 (1.92%) Presentation Skills
Miscellaneous
1 6 (11.54%) Hybrid Cloud
2 3 (5.77%) Data Centre
3 2 (3.85%) Virtual Team
4 1 (1.92%) Driving Licence
4 1 (1.92%) FMCG
4 1 (1.92%) Onboarding
4 1 (1.92%) Product Ownership
Operating Systems
1 1 (1.92%) Windows
1 1 (1.92%) Windows 10
Processes & Methodologies
1 13 (25.00%) Contract Management
2 9 (17.31%) Stakeholder Management
3 7 (13.46%) Contract Negotiation
3 7 (13.46%) Customer Experience
3 7 (13.46%) Line Management
4 6 (11.54%) Edge Computing
5 5 (9.62%) Project Management
6 3 (5.77%) Business Strategy
6 3 (5.77%) Change Management
6 3 (5.77%) CRM
6 3 (5.77%) Decision-Making
6 3 (5.77%) Risk Management
6 3 (5.77%) Supplier Management
7 2 (3.85%) Cost Reduction
7 2 (3.85%) ITIL
7 2 (3.85%) Problem-Solving
7 2 (3.85%) Stakeholder Engagement
7 2 (3.85%) User Experience
8 1 (1.92%) E-business
8 1 (1.92%) ERP
Qualifications
1 4 (7.69%) Degree
2 2 (3.85%) SC Cleared
2 2 (3.85%) Security Cleared
3 1 (1.92%) AWS Certification
3 1 (1.92%) Computer Science Degree
3 1 (1.92%) MRICS
Vendors
1 4 (7.69%) Oracle
2 2 (3.85%) Microsoft
2 2 (3.85%) NEC
3 1 (1.92%) IBM