Cost Transparency
UK
The table below provides summary statistics for contract job vacancies requiring Cost Transparency skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Cost Transparency over the 6 months leading up to 6 October 2024, comparing them to the same period in the previous two years.
| 6 months to 6 Oct 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 635 | 848 |
| Rank change year-on-year | - | +213 | -25 |
| Contract jobs citing Cost Transparency | 0 | 4 | 3 |
| As % of all contract jobs advertised in the UK | - | 0.008% | 0.004% |
| As % of the Processes & Methodologies category | - | 0.009% | 0.004% |
| Number of daily rates quoted | 0 | 3 | 1 |
| Median daily rate (50th Percentile) | - | £480 | £725 |
| Median % change year-on-year | - | -33.79% | +3.57% |
| UK excluding London median daily rate | - | £480 | £725 |
| % change year-on-year | - | -33.79% | - |
All Process and Methodology Skills
UK
Cost Transparency falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 32,344 | 43,177 | 75,621 |
| As % of all contract IT jobs advertised in the UK | 85.91% | 88.89% | 90.44% |
| Number of daily rates quoted | 19,508 | 29,314 | 52,628 |
| 10th Percentile | £308 | £313 | £350 |
| 25th Percentile | £413 | £425 | £450 |
| Median daily rate (50th Percentile) | £525 | £540 | £550 |
| Median % change year-on-year | -2.78% | -1.82% | +10.00% |
| 75th Percentile | £638 | £650 | £650 |
| 90th Percentile | £750 | £750 | £750 |
| UK excluding London median daily rate | £500 | £500 | £500 |
| % change year-on-year | - | - | +11.11% |
| Number of hourly rates quoted | 1,312 | 1,584 | 1,717 |
| 10th Percentile | £15.00 | £14.25 | £13.25 |
| 25th Percentile | £20.12 | £18.55 | £16.25 |
| Median hourly rate | £41.33 | £42.50 | £29.72 |
| Median % change year-on-year | -2.76% | +43.00% | +38.23% |
| 75th Percentile | £65.00 | £65.00 | £60.00 |
| 90th Percentile | £74.44 | £77.50 | £72.00 |
| UK excluding London median hourly rate | £43.00 | £42.50 | £24.79 |
| % change year-on-year | +1.18% | +71.44% | +35.24% |
Cost Transparency
Job Vacancy Trend
Job postings citing Cost Transparency as a proportion of all IT jobs advertised.
Cost Transparency
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Cost Transparency.