Budgeting and Forecasting Contracts

Budgeting and Forecasting
UK

The following table provides summary statistics for contract job vacancies with a requirement for Budgeting and Forecasting skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Budgeting and Forecasting over the 6 months to 9 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
9 Jun 2024
Same period 2023 Same period 2022
Rank 522 573 682
Rank change year-on-year +51 +109 -60
Contract jobs citing Budgeting and Forecasting 80 122 174
As % of all contract jobs advertised in the UK 0.18% 0.22% 0.20%
As % of the Processes & Methodologies category 0.22% 0.24% 0.22%
Number of daily rates quoted 40 80 103
10th Percentile £412 £357 £343
25th Percentile £413 £447 £400
Median daily rate (50th Percentile) £493 £550 £500
Median % change year-on-year -10.36% +10.00% -5.66%
75th Percentile £578 £657 £581
90th Percentile £628 £726 £655
UK excluding London median daily rate £425 £480 £500
% change year-on-year -11.46% -4.00% +2.56%
Number of hourly rates quoted 9 0 3
10th Percentile £29.77 - -
25th Percentile £33.65 - £27.50
Median hourly rate £36.50 - £30.00
75th Percentile £40.00 - £51.25
90th Percentile £42.91 - £62.50
UK excluding London median hourly rate £53.03 - £70.00
% change year-on-year - - +318.29%

All Process and Methodology Skills
UK

Budgeting and Forecasting is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 36,914 49,809 79,437
As % of all contract IT jobs advertised in the UK 85.21% 89.64% 90.63%
Number of daily rates quoted 23,592 34,469 55,846
10th Percentile £300 £325 £350
25th Percentile £413 £438 £435
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £649
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,564 1,687 1,868
10th Percentile £12.75 £10.70 £12.50
25th Percentile £16.00 £15.75 £15.75
Median hourly rate £36.50 £35.80 £25.68
Median % change year-on-year +1.96% +39.41% +11.65%
75th Percentile £61.25 £65.00 £50.00
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.51
% change year-on-year +8.91% +70.69% -2.36%

Budgeting and Forecasting
Job Vacancy Trend

Job postings citing Budgeting and Forecasting as a proportion of all IT jobs advertised.

Job vacancy trend for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Budgeting and Forecasting.

Daily rate trend for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Daily Rate Histogram

Daily rate distribution for jobs citing Budgeting and Forecasting over the 6 months to 9 June 2024.

Daily rate histogram for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Budgeting and Forecasting.

Hourly rate trend for Budgeting and Forecasting in the UK

Budgeting and Forecasting
Hourly Rate Histogram

Hourly rate distribution of jobs citing Budgeting and Forecasting over the 6 months to 9 June 2024.

Hourly rate histogram for Budgeting and Forecasting in the UK

Budgeting and Forecasting
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 Budgeting and Forecasting 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 +60 72 £497 -9.73% 188
UK excluding London +22 40 £425 -11.46% 117
London +62 34 £563 -4.26% 71
Work from Home +92 23 £493 -17.83% 80
South East +13 19 £425 -7.61% 43
Midlands +25 10 £425 -26.09% 12
North of England +21 8 £506 -7.16% 28
West Midlands +14 8 £425 -26.09% 3
North West +12 8 £506 -1.27% 19
Scotland +31 2 £475 +18.75% 6
South West +12 2 £550 +38.36% 13
East Midlands - 2 £383 - 9

Budgeting and Forecasting
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 2 (2.50%) Apache
1 2 (2.50%) Confluence
1 2 (2.50%) IIS
1 2 (2.50%) nginx
1 2 (2.50%) SharePoint
Applications
1 7 (8.75%) Microsoft Excel
2 4 (5.00%) Microsoft Office
3 1 (1.25%) Microsoft PowerPoint
3 1 (1.25%) Spreadsheet
Business Applications
1 3 (3.75%) SAP S/4HANA
2 2 (2.50%) Cloudability
Cloud Services
1 5 (6.25%) Azure
1 5 (6.25%) Power Platform
2 3 (3.75%) AWS
2 3 (3.75%) Dynamics 365
3 2 (2.50%) AWS CloudFormation
3 2 (2.50%) Azure DevOps
3 2 (2.50%) OCI
3 2 (2.50%) SaaS
3 2 (2.50%) WhatsApp
4 1 (1.25%) GCP
4 1 (1.25%) Microsoft 365
Communications & Networking
1 7 (8.75%) Firewall
2 2 (2.50%) MPLS
2 2 (2.50%) Network Security
2 2 (2.50%) TCP/IP
3 1 (1.25%) 2G
3 1 (1.25%) 3G
3 1 (1.25%) 4G
3 1 (1.25%) 5G
3 1 (1.25%) CTI
3 1 (1.25%) Internet
3 1 (1.25%) ISDN
3 1 (1.25%) Radio Access Network
Database & Business Intelligence
1 6 (7.50%) Oracle Reports
2 5 (6.25%) Power BI
3 2 (2.50%) MySQL
3 2 (2.50%) PostgreSQL
4 1 (1.25%) Metadata
4 1 (1.25%) Relational Database
4 1 (1.25%) SQL Server
Development Applications
1 5 (6.25%) JIRA
2 2 (2.50%) GitLab
2 2 (2.50%) Jenkins
3 1 (1.25%) Team Foundation Server
General
1 50 (62.50%) Finance
2 20 (25.00%) Social Skills
3 10 (12.50%) Presentation Skills
4 9 (11.25%) Analytical Skills
5 8 (10.00%) Public Sector
6 7 (8.75%) Social Housing
7 6 (7.50%) Inclusion and Diversity
7 6 (7.50%) Telecoms
8 5 (6.25%) Banking
8 5 (6.25%) Local Government
8 5 (6.25%) Retail
9 4 (5.00%) Corporate Banking
9 4 (5.00%) Investment Banking
9 4 (5.00%) Manufacturing
9 4 (5.00%) Retail Banking
10 2 (2.50%) Billing
10 2 (2.50%) General Ledger
10 2 (2.50%) Influencing Skills
10 2 (2.50%) Legal
10 2 (2.50%) Tech for Good
Job Titles
1 20 (25.00%) Project Manager
2 14 (17.50%) Analyst
3 11 (13.75%) Senior
4 9 (11.25%) IT Manager
5 7 (8.75%) Financial Analyst
6 6 (7.50%) Business Manager
6 6 (7.50%) Engagement Manager
6 6 (7.50%) Lead
7 5 (6.25%) Commercial Analyst
8 4 (5.00%) Consultant
8 4 (5.00%) Digital Product Owner
8 4 (5.00%) Performance Manager
8 4 (5.00%) Product Owner
9 3 (3.75%) Finance Manager
9 3 (3.75%) Operations Manager
9 3 (3.75%) Senior Analyst
9 3 (3.75%) Senior Manager
9 3 (3.75%) Senior Project Manager
9 3 (3.75%) Service Analyst
9 3 (3.75%) Service Desk Analyst
Libraries, Frameworks & Software Standards
1 2 (2.50%) LDAP
Miscellaneous
1 5 (6.25%) Product Ownership
2 4 (5.00%) Management Information System
3 3 (3.75%) FMCG
3 3 (3.75%) Onboarding
4 2 (2.50%) Housing Association
4 2 (2.50%) Team-Oriented Environment
4 2 (2.50%) Virtual Team
5 1 (1.25%) Handset
5 1 (1.25%) Reinsurance
5 1 (1.25%) Self-Motivation
Operating Systems
1 8 (10.00%) Windows
2 6 (7.50%) Linux
3 4 (5.00%) Unix
Processes & Methodologies
1 35 (43.75%) Budgeting
2 25 (31.25%) Agile
3 16 (20.00%) Project Management
4 13 (16.25%) Budget Management
4 13 (16.25%) Project Delivery
5 11 (13.75%) Stakeholder Management
6 10 (12.50%) ERP
6 10 (12.50%) Waterfall
7 9 (11.25%) Decision-Making
8 8 (10.00%) Stakeholder Engagement
9 7 (8.75%) Financial Modelling
10 6 (7.50%) Analytics
10 6 (7.50%) DevOps
11 5 (6.25%) Business Case
11 5 (6.25%) Business Intelligence
11 5 (6.25%) ITIL
11 5 (6.25%) Proactive Management
11 5 (6.25%) Problem-Solving
11 5 (6.25%) Risk Management
11 5 (6.25%) Service Management
Programming Languages
1 1 (1.25%) PowerShell
Qualifications
1 11 (13.75%) Security Cleared
2 9 (11.25%) SC Cleared
3 7 (8.75%) Degree
4 6 (7.50%) ACCA
4 6 (7.50%) CIMA
5 3 (3.75%) PRINCE2 Practitioner
6 2 (2.50%) AWS Certification
6 2 (2.50%) Azure Certification
7 1 (1.25%) APMG
7 1 (1.25%) APMP
7 1 (1.25%) AWS Certified DevOps Engineer
7 1 (1.25%) AWS Certified Solutions Architect
7 1 (1.25%) CIPFA
7 1 (1.25%) DV Cleared
7 1 (1.25%) ICAEW
7 1 (1.25%) Master's Degree
Quality Assurance & Compliance
1 3 (3.75%) PMO
2 2 (2.50%) GRC
3 1 (1.25%) PCI DSS
System Software
1 5 (6.25%) Active Directory
Systems Management
1 3 (3.75%) IBM BigFix
1 3 (3.75%) Tivoli
2 2 (2.50%) Ansible
2 2 (2.50%) Progress Chef
2 2 (2.50%) Puppet
2 2 (2.50%) Salt
2 2 (2.50%) Terraform
Vendors
1 11 (13.75%) Microsoft
2 7 (8.75%) Oracle
3 4 (5.00%) Siemens
4 3 (3.75%) Cisco
4 3 (3.75%) Remedy
4 3 (3.75%) ServiceNow
5 2 (2.50%) Atlassian
5 2 (2.50%) IFS
5 2 (2.50%) Juniper
5 2 (2.50%) Nokia
5 2 (2.50%) SAP
6 1 (1.25%) Anaplan
6 1 (1.25%) Ariba
6 1 (1.25%) Avaya
6 1 (1.25%) Progress