Functional Consultant Contracts in the West Midlands

Functional Consultant
England > West Midlands

The median Functional Consultant daily rate in the West Midlands is £550, according to job vacancies posted in the 6 months leading up to 12 June 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
12 Jun 2024
Same period 2023 Same period 2022
Rank 97 113 160
Rank change year-on-year +16 +47 -36
Contract jobs requiring a Functional Consultant 14 16 17
As % of all contract jobs advertised in the West Midlands 0.69% 0.72% 0.48%
As % of the Job Titles category 0.75% 0.77% 0.49%
Number of daily rates quoted 4 9 6
10th Percentile - £425 £566
25th Percentile £463 £463 £603
Median daily rate (50th Percentile) £550 £525 £638
Median % change year-on-year +4.76% -17.65% +34.21%
75th Percentile £641 £625 £750
90th Percentile £646 £633 £775
England median daily rate £600 £543 £575
% change year-on-year +10.60% -5.65% +9.52%

All Contract IT Job Vacancies
West Midlands

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in the West Midlands. 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 West Midlands with a recognized job title 1,870 2,090 3,437
% of contract IT jobs with a recognized job title 91.58% 94.44% 96.30%
Number of daily rates quoted 1,255 1,426 2,483
10th Percentile £250 £260 £230
25th Percentile £363 £388 £375
Median daily rate (50th Percentile) £488 £500 £488
Median % change year-on-year -2.50% +2.56% +14.71%
75th Percentile £600 £600 £575
90th Percentile £700 £700 £675
England median daily rate £525 £550 £535
% change year-on-year -4.55% +2.80% +7.00%
Number of hourly rates quoted 146 63 67
10th Percentile £12.02 £12.50 £12.60
25th Percentile £14.75 £14.75 £14.75
Median hourly rate £19.59 £20.00 £17.50
Median % change year-on-year -2.05% +14.29% +16.67%
75th Percentile £39.69 £28.38 £20.00
90th Percentile £55.63 £56.75 £24.05
England median hourly rate £39.50 £45.00 £24.00
% change year-on-year -12.22% +87.50% +14.01%

Functional Consultant
Job Vacancy Trend in the West Midlands

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

Job vacancy trend for Functional Consultant in the West Midlands

Functional Consultant
Contractor Daily Rate Trend in the West Midlands

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

Daily rate trend for Functional Consultant in the West Midlands

Functional Consultant
Daily Rate Histogram in the West Midlands

Daily rate distribution for jobs citing Functional Consultant in the West Midlands over the 6 months to 12 June 2024.

Daily rate histogram for Functional Consultant in the West Midlands

Functional Consultant
Contract Job Locations in the West Midlands

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 West Midlands region over the 6 months to 12 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
Birmingham +19 14 £550 +8.96% 8
Functional Consultant
England

Functional Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities in the West Midlands

For the 6 months to 12 June 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 across the West Midlands region featuring Functional Consultant in the job title.

1 7 (50.00%) NetSuite
2 6 (42.86%) Finance
3 5 (35.71%) Legal
3 5 (35.71%) Oracle
3 5 (35.71%) Oracle Fusion
4 4 (28.57%) ERP
5 3 (21.43%) SQL
5 3 (21.43%) PeopleSoft
5 3 (21.43%) Change Management
5 3 (21.43%) Oracle EBS
5 3 (21.43%) Microsoft
5 3 (21.43%) Hyperion
5 3 (21.43%) JD Edwards
5 3 (21.43%) Oracle ERP
5 3 (21.43%) Replication
5 3 (21.43%) User Acceptance Testing
5 3 (21.43%) AWS
5 3 (21.43%) Security Cleared
5 3 (21.43%) Analytics
5 3 (21.43%) Enterprise Software
5 3 (21.43%) Coaching
5 3 (21.43%) PeopleSoft HCM
5 3 (21.43%) Presales
5 3 (21.43%) Inclusion and Diversity
5 3 (21.43%) Roadmaps
5 3 (21.43%) OCI
6 2 (14.29%) Mentoring
6 2 (14.29%) CEMLI
6 2 (14.29%) Requirements Gathering
6 2 (14.29%) Record to Report

Functional Consultant Skill Set
Co-occurring Skills and Capabilities in the West Midlands 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:

Business Applications
1 7 (50.00%) NetSuite
2 3 (21.43%) Oracle EBS
2 3 (21.43%) Oracle ERP
2 3 (21.43%) PeopleSoft HCM
3 2 (14.29%) Oracle Assets
3 2 (14.29%) Oracle Cash Management
3 2 (14.29%) Oracle Payables
3 2 (14.29%) Oracle Receivables
3 2 (14.29%) Oracle Subledger Accounting
4 1 (7.14%) SAP MDG
4 1 (7.14%) SAP MDG-BP
4 1 (7.14%) SAP MDG-F
Cloud Services
1 3 (21.43%) AWS
1 3 (21.43%) OCI
General
1 6 (42.86%) Finance
2 5 (35.71%) Legal
3 3 (21.43%) Inclusion and Diversity
4 2 (14.29%) Law
5 1 (7.14%) Analytical Skills
5 1 (7.14%) Presentation Skills
5 1 (7.14%) Social Skills
Libraries, Frameworks & Software Standards
1 5 (35.71%) Oracle Fusion
2 1 (7.14%) IDoc
2 1 (7.14%) SAP ALE
2 1 (7.14%) SAP Fiori
2 1 (7.14%) Web Dynpro
Miscellaneous
1 3 (21.43%) Enterprise Software
1 3 (21.43%) Replication
Processes & Methodologies
1 4 (28.57%) ERP
2 3 (21.43%) Analytics
2 3 (21.43%) Change Management
2 3 (21.43%) Coaching
2 3 (21.43%) Presales
2 3 (21.43%) Roadmaps
2 3 (21.43%) User Acceptance Testing
3 2 (14.29%) Cash Management
3 2 (14.29%) Change Control
3 2 (14.29%) Digital Transformation Programme
3 2 (14.29%) Mentoring
3 2 (14.29%) Problem Management
3 2 (14.29%) Record to Report
3 2 (14.29%) Release Management
3 2 (14.29%) Requirements Gathering
3 2 (14.29%) Risk Management
4 1 (7.14%) Data Modelling
4 1 (7.14%) Inventory Management
4 1 (7.14%) Process Improvement
4 1 (7.14%) System Testing
Programming Languages
1 3 (21.43%) SQL
2 1 (7.14%) ABAP
Qualifications
1 3 (21.43%) Security Cleared
2 1 (7.14%) Degree
Quality Assurance & Compliance
1 2 (14.29%) GDPR
Systems Management
1 2 (14.29%) CEMLI
Vendors
1 5 (35.71%) Oracle
2 3 (21.43%) Hyperion
2 3 (21.43%) JD Edwards
2 3 (21.43%) Microsoft
2 3 (21.43%) PeopleSoft
3 2 (14.29%) SAP