Functional Consultant Contracts

Functional Consultant
UK

The median Functional Consultant daily rate in the UK is £588 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 313 490 556
Rank change year-on-year +177 +66 -87
Contract jobs requiring a Functional Consultant 282 206 319
As % of all contract jobs advertised in the UK 0.66% 0.36% 0.36%
As % of the Job Titles category 0.71% 0.38% 0.38%
Number of daily rates quoted 189 115 175
10th Percentile £450 £463 £425
25th Percentile £510 £500 £509
Median daily rate (50th Percentile) £588 £550 £550
Median % change year-on-year +6.82% - +4.76%
75th Percentile £638 £612 £625
90th Percentile £688 £687 £670
UK excluding London median daily rate £550 £500 £595
% change year-on-year +10.00% -15.97% +13.33%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £52.90 - -
Median hourly rate £55.80 - -
75th Percentile £58.70 - -
90th Percentile - - -
UK excluding London median hourly rate £55.80 - -

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%

Functional Consultant
Job Vacancy Trend

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

Job vacancy trend for Functional Consultant in the UK

Functional Consultant
Contractor Daily Rate Trend

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

Daily rate trend for Functional Consultant in the UK

Functional Consultant
Daily Rate Histogram

Daily rate distribution for jobs citing Functional Consultant over the 6 months to 20 May 2024.

Daily rate histogram for Functional Consultant in the UK

Functional Consultant
Contractor Hourly Rate Trend

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

Hourly rate trend for Functional Consultant in the UK

Functional Consultant
Top 16 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Consultant 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
England +165 222 £575 +4.55% 42
Work from Home +159 140 £588 +11.90% 34
London +142 123 £575 - 10
UK excluding London +64 92 £550 +10.00% 28
South East +33 38 £605 +3.24% 4
East of England +28 19 £550 +29.41% 6
North of England +18 19 £525 +5.00% 2
Midlands +13 10 £550 +4.76% 11
North West +9 10 £525 +5.00% 1
Scotland +46 8 £550 -4.35% 2
Yorkshire +16 7 £450 -10.00% 1
West Midlands +17 6 £550 -4.35% 10
North East +12 3 £400 -25.23%
South West +9 2 £470 -34.04% 2
East Midlands +14 1 £525 - 1
Wales - 1 £550 -

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

For the 6 months to 20 May 2024, Functional 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 Functional Consultant in the job title.

1 109 (38.65%) Finance
2 100 (35.46%) SAP
3 98 (34.75%) Social Skills
4 70 (24.82%) Dynamics 365
5 68 (24.11%) Oracle
6 62 (21.99%) Microsoft
7 51 (18.09%) Analytical Skills
8 43 (15.25%) Stakeholder Management
9 41 (14.54%) Problem-Solving
10 39 (13.83%) SAP S/4HANA
11 37 (13.12%) Agile
12 34 (12.06%) Azure
13 29 (10.28%) Logistics
14 27 (9.57%) Power Platform
14 27 (9.57%) Public Sector
15 26 (9.22%) DevOps
15 26 (9.22%) Oracle EBS
16 25 (8.87%) Oracle EBS R12
16 25 (8.87%) Azure DevOps
17 23 (8.16%) Customer Service
18 22 (7.80%) Requirements Gathering
18 22 (7.80%) Degree
18 22 (7.80%) CRM
19 20 (7.09%) E-business
19 20 (7.09%) Procure-to-Pay
20 19 (6.74%) Project Delivery
21 18 (6.38%) Oracle Procure-to-Pay
21 18 (6.38%) Data Modelling
22 17 (6.03%) Business Intelligence
22 17 (6.03%) ERP

Functional 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:

Application Platforms
1 3 (1.06%) Adobe Experience Manager
1 3 (1.06%) SharePoint
2 2 (0.71%) Oracle SOA Suite
3 1 (0.35%) Oracle Workflow
Applications
1 2 (0.71%) Microsoft Office
2 1 (0.35%) Microsoft Excel
2 1 (0.35%) Microsoft Project
Business Applications
1 39 (13.83%) SAP S/4HANA
2 26 (9.22%) Oracle EBS
3 25 (8.87%) Oracle EBS R12
4 18 (6.38%) Oracle Procure-to-Pay
5 15 (5.32%) Dynamics CRM
5 15 (5.32%) Maximo
6 14 (4.96%) Oracle Receivables
7 13 (4.61%) Oracle Payables
8 12 (4.26%) Dynamics AX
8 12 (4.26%) SAP MDG
9 10 (3.55%) SAP SD
10 9 (3.19%) Oracle Cash Management
11 6 (2.13%) Oracle Subledger Accounting
11 6 (2.13%) Sage 200
11 6 (2.13%) Sage 50
12 5 (1.77%) Oracle Assets
12 5 (1.77%) Oracle General Ledger
12 5 (1.77%) SAP BRIM
12 5 (1.77%) SAP FI
12 5 (1.77%) SAP PSCD
Cloud Services
1 70 (24.82%) Dynamics 365
2 34 (12.06%) Azure
3 27 (9.57%) Power Platform
4 25 (8.87%) Azure DevOps
5 17 (6.03%) Power Automate
6 11 (3.90%) SuccessFactors
7 8 (2.84%) OCI
8 6 (2.13%) Microsoft 365
9 5 (1.77%) PowerApps
9 5 (1.77%) SAP Commerce Cloud
10 3 (1.06%) SaaS
11 1 (0.35%) Azure Data Factory
11 1 (0.35%) Oracle CX
11 1 (0.35%) Oracle Service Cloud
11 1 (0.35%) WhatsApp
Database & Business Intelligence
1 15 (5.32%) Power BI
2 13 (4.61%) Data Lake
3 6 (2.13%) Oracle Reports
4 3 (1.06%) SAP HANA
5 2 (0.71%) Oracle BI Publisher
5 2 (0.71%) Oracle Database
6 1 (0.35%) Big Data
6 1 (0.35%) SAP BW
6 1 (0.35%) Siebel EIM
6 1 (0.35%) SQL Server Integration Services
Development Applications
1 10 (3.55%) Oracle Forms
2 3 (1.06%) JIRA
General
1 109 (38.65%) Finance
2 98 (34.75%) Social Skills
3 51 (18.09%) Analytical Skills
4 27 (9.57%) Public Sector
5 17 (6.03%) Manufacturing
6 14 (4.96%) Retail
7 13 (4.61%) Marketing
8 12 (4.26%) Billing
9 9 (3.19%) General Ledger
9 9 (3.19%) Pharmaceutical
10 8 (2.84%) Law
11 7 (2.48%) Documentation Skills
12 6 (2.13%) Banking
12 6 (2.13%) Legal
12 6 (2.13%) Presentation Skills
12 6 (2.13%) Telecoms
13 4 (1.42%) Influencing Skills
14 3 (1.06%) Publishing
15 2 (0.71%) Investment Banking
16 1 (0.35%) French Language
Libraries, Frameworks & Software Standards
1 13 (4.61%) Oracle Fusion
2 6 (2.13%) Middleware
2 6 (2.13%) Web Services
3 5 (1.77%) Lightning Web Components
3 5 (1.77%) SAP Fiori
4 4 (1.42%) SAP ALE
5 3 (1.06%) IDoc
5 3 (1.06%) Visualforce
5 3 (1.06%) Web Dynpro
6 2 (0.71%) EDI
7 1 (0.35%) ADO
7 1 (0.35%) BAPI
7 1 (0.35%) CSS
7 1 (0.35%) HTML
7 1 (0.35%) SAP TM
7 1 (0.35%) WebCenter
7 1 (0.35%) XML
Miscellaneous
1 9 (3.19%) Life Science
2 7 (2.48%) Data Structures
2 7 (2.48%) Product Ownership
3 6 (2.13%) Renewable Energy
4 5 (1.77%) Replication
5 3 (1.06%) Management Information System
5 3 (1.06%) Onboarding
6 2 (0.71%) Analytical Mindset
6 2 (0.71%) e-Learning
6 2 (0.71%) Foreign Exchange (FX)
6 2 (0.71%) Hedge funds
6 2 (0.71%) Legacy Systems
6 2 (0.71%) Solar Panel
7 1 (0.35%) CMDB
7 1 (0.35%) Data Protection Act
7 1 (0.35%) FMCG
7 1 (0.35%) Hybrid Cloud
7 1 (0.35%) Self-Motivation
7 1 (0.35%) Tandem
7 1 (0.35%) Taxonomies
Processes & Methodologies
1 43 (15.25%) Stakeholder Management
2 41 (14.54%) Problem-Solving
3 37 (13.12%) Agile
4 29 (10.28%) Logistics
5 26 (9.22%) DevOps
6 23 (8.16%) Customer Service
7 22 (7.80%) CRM
7 22 (7.80%) Requirements Gathering
8 20 (7.09%) E-business
8 20 (7.09%) Procure-to-Pay
9 19 (6.74%) Project Delivery
10 18 (6.38%) Data Modelling
11 17 (6.03%) Business Intelligence
11 17 (6.03%) ERP
12 16 (5.67%) Migration
13 15 (5.32%) Accounts Payable
13 15 (5.32%) User Stories
13 15 (5.32%) Workshop Facilitation
14 14 (4.96%) Accounts Receivable
14 14 (4.96%) Data Migration
Programming Languages
1 16 (5.67%) ABAP
2 5 (1.77%) SQL
3 4 (1.42%) PL/SQL
4 1 (0.35%) Java
4 1 (0.35%) JavaScript
Qualifications
1 22 (7.80%) Degree
2 16 (5.67%) Security Cleared
3 14 (4.96%) SC Cleared
4 13 (4.61%) Microsoft Certification
5 5 (1.77%) BPSS Clearance
6 3 (1.06%) Computer Science Degree
7 2 (0.71%) DV Cleared
7 2 (0.71%) Oracle Certification
7 2 (0.71%) PMP
7 2 (0.71%) SAP Certification
8 1 (0.35%) CBAP
8 1 (0.35%) PMI Certification
8 1 (0.35%) Siebel Certification
8 1 (0.35%) Six Sigma Black Belt
8 1 (0.35%) Six Sigma Green Belt
Quality Assurance & Compliance
1 4 (1.42%) QA
2 2 (0.71%) GDPR
3 1 (0.35%) Data Quality
3 1 (0.35%) Disclosure Scotland
3 1 (0.35%) PMO
3 1 (0.35%) Sarbanes-Oxley
Systems Management
1 2 (0.71%) CEMLI
Vendors
1 100 (35.46%) SAP
2 68 (24.11%) Oracle
3 62 (21.99%) Microsoft
4 14 (4.96%) Salesforce
5 11 (3.90%) Ariba
6 6 (2.13%) Sage
7 4 (1.42%) ServiceNow
8 3 (1.06%) Adobe
8 3 (1.06%) MuleSoft
9 2 (0.71%) Conga
9 2 (0.71%) DocuSign
9 2 (0.71%) JD Edwards
10 1 (0.35%) Cadence
10 1 (0.35%) Cognos
10 1 (0.35%) Concur
10 1 (0.35%) IBM
10 1 (0.35%) IFS
10 1 (0.35%) JDA
10 1 (0.35%) Kronos
10 1 (0.35%) Siebel