Budgeting and Forecasting Contracts

Budgeting and Forecasting
UK

The table below provides summary statistics for contract job vacancies requiring Budgeting and Forecasting skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Budgeting and Forecasting over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 502 576 676
Rank change year-on-year +74 +100 -53
Contract jobs citing Budgeting and Forecasting 82 121 172
As % of all contract jobs advertised in the UK 0.19% 0.22% 0.20%
As % of the Processes & Methodologies category 0.22% 0.24% 0.22%
Number of daily rates quoted 42 79 103
10th Percentile - £352 £343
25th Percentile £413 £444 £400
Median daily rate (50th Percentile) £493 £550 £500
Median % change year-on-year -10.36% +10.00% -5.66%
75th Percentile £575 £658 £581
90th Percentile £625 £728 £655
UK excluding London median daily rate £425 £480 £500
% change year-on-year -11.46% -4.00% -
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 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 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
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 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

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 12 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 12 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 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
England +54 74 £497 -9.73% 182
UK excluding London +9 41 £425 -11.46% 109
London +62 35 £550 -8.33% 79
Work from Home +96 23 £493 -17.83% 77
South East +14 20 £425 -7.61% 39
Midlands +20 10 £425 -26.09% 14
West Midlands +19 8 £425 -26.09% 3
North West +14 8 £506 -1.27% 17
North of England +13 8 £506 -7.16% 25
Scotland +40 2 £475 +18.75% 7
South West +2 2 £550 +38.36% 11
East Midlands - 2 £383 - 11

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 (2.44%) Apache
1 2 (2.44%) Confluence
1 2 (2.44%) IIS
1 2 (2.44%) nginx
1 2 (2.44%) SharePoint
Applications
1 9 (10.98%) Microsoft Excel
2 5 (6.10%) Microsoft Office
3 2 (2.44%) Microsoft PowerPoint
4 1 (1.22%) Spreadsheet
Business Applications
1 3 (3.66%) SAP S/4HANA
2 2 (2.44%) Cloudability
3 1 (1.22%) NetSuite
Cloud Services
1 5 (6.10%) Azure
1 5 (6.10%) Power Platform
2 3 (3.66%) AWS
2 3 (3.66%) Dynamics 365
3 2 (2.44%) AWS CloudFormation
3 2 (2.44%) Azure DevOps
3 2 (2.44%) OCI
3 2 (2.44%) SaaS
3 2 (2.44%) WhatsApp
4 1 (1.22%) GCP
Communications & Networking
1 7 (8.54%) Firewall
2 2 (2.44%) MPLS
2 2 (2.44%) Network Security
2 2 (2.44%) TCP/IP
3 1 (1.22%) 2G
3 1 (1.22%) 3G
3 1 (1.22%) 4G
3 1 (1.22%) 5G
3 1 (1.22%) Internet
3 1 (1.22%) ISDN
3 1 (1.22%) Radio Access Network
Database & Business Intelligence
1 6 (7.32%) Oracle Reports
2 5 (6.10%) Power BI
3 2 (2.44%) MySQL
3 2 (2.44%) PostgreSQL
4 1 (1.22%) Metadata
4 1 (1.22%) Relational Database
4 1 (1.22%) SQL Server
Development Applications
1 5 (6.10%) JIRA
2 2 (2.44%) GitLab
2 2 (2.44%) Jenkins
3 1 (1.22%) Team Foundation Server
General
1 53 (64.63%) Finance
2 19 (23.17%) Social Skills
3 10 (12.20%) Analytical Skills
3 10 (12.20%) Presentation Skills
4 8 (9.76%) Public Sector
5 7 (8.54%) Banking
5 7 (8.54%) Social Housing
6 6 (7.32%) Inclusion and Diversity
6 6 (7.32%) Telecoms
7 5 (6.10%) Local Government
7 5 (6.10%) Retail
8 4 (4.88%) Corporate Banking
8 4 (4.88%) Investment Banking
8 4 (4.88%) Manufacturing
8 4 (4.88%) Retail Banking
9 3 (3.66%) General Ledger
10 2 (2.44%) Billing
10 2 (2.44%) Financial Institution
10 2 (2.44%) Legal
10 2 (2.44%) Tech for Good
Job Titles
1 19 (23.17%) Project Manager
2 14 (17.07%) Analyst
3 12 (14.63%) Senior
4 9 (10.98%) IT Manager
5 7 (8.54%) Financial Analyst
6 6 (7.32%) Business Manager
6 6 (7.32%) Engagement Manager
6 6 (7.32%) Lead
7 5 (6.10%) Commercial Analyst
8 4 (4.88%) Consultant
8 4 (4.88%) Digital Product Owner
8 4 (4.88%) Performance Manager
8 4 (4.88%) Product Owner
9 3 (3.66%) Finance Manager
9 3 (3.66%) Operations Manager
9 3 (3.66%) Senior Analyst
9 3 (3.66%) Senior Manager
9 3 (3.66%) Senior Project Manager
9 3 (3.66%) Service Analyst
9 3 (3.66%) Service Desk Analyst
Libraries, Frameworks & Software Standards
1 2 (2.44%) LDAP
Miscellaneous
1 5 (6.10%) Product Ownership
2 4 (4.88%) Management Information System
3 3 (3.66%) FMCG
3 3 (3.66%) Onboarding
4 2 (2.44%) Housing Association
4 2 (2.44%) Team-Oriented Environment
4 2 (2.44%) Virtual Team
5 1 (1.22%) Handset
5 1 (1.22%) Reinsurance
5 1 (1.22%) Renewable Energy
5 1 (1.22%) Self-Motivation
Operating Systems
1 8 (9.76%) Windows
2 6 (7.32%) Linux
3 4 (4.88%) Unix
Processes & Methodologies
1 38 (46.34%) Budgeting
2 25 (30.49%) Agile
3 17 (20.73%) Project Management
4 13 (15.85%) Budget Management
5 12 (14.63%) Project Delivery
6 11 (13.41%) Stakeholder Management
7 10 (12.20%) ERP
7 10 (12.20%) Waterfall
8 9 (10.98%) Decision-Making
9 8 (9.76%) Stakeholder Engagement
10 7 (8.54%) Financial Modelling
11 6 (7.32%) Analytics
11 6 (7.32%) DevOps
12 5 (6.10%) Business Case
12 5 (6.10%) Business Forecasting
12 5 (6.10%) Data Migration
12 5 (6.10%) Migration
12 5 (6.10%) Proactive Management
12 5 (6.10%) Problem-Solving
12 5 (6.10%) Wealth Management
Programming Languages
1 1 (1.22%) PowerShell
Qualifications
1 11 (13.41%) Security Cleared
2 9 (10.98%) SC Cleared
3 8 (9.76%) Degree
4 7 (8.54%) ACCA
4 7 (8.54%) CIMA
5 3 (3.66%) PRINCE2 Practitioner
6 2 (2.44%) AWS Certification
6 2 (2.44%) Azure Certification
6 2 (2.44%) CIPFA
6 2 (2.44%) ICAEW
7 1 (1.22%) APMG
7 1 (1.22%) APMP
7 1 (1.22%) AWS Certified DevOps Engineer
7 1 (1.22%) AWS Certified Solutions Architect
7 1 (1.22%) DV Cleared
7 1 (1.22%) Master's Degree
Quality Assurance & Compliance
1 4 (4.88%) PMO
2 2 (2.44%) GRC
System Software
1 5 (6.10%) Active Directory
Systems Management
1 3 (3.66%) IBM BigFix
1 3 (3.66%) Tivoli
2 2 (2.44%) Ansible
2 2 (2.44%) Progress Chef
2 2 (2.44%) Puppet
2 2 (2.44%) Salt
2 2 (2.44%) Terraform
Vendors
1 10 (12.20%) Microsoft
2 7 (8.54%) Oracle
3 4 (4.88%) Siemens
4 3 (3.66%) Cisco
4 3 (3.66%) Remedy
4 3 (3.66%) ServiceNow
5 2 (2.44%) Atlassian
5 2 (2.44%) IFS
5 2 (2.44%) Juniper
5 2 (2.44%) Nokia
5 2 (2.44%) SAP
6 1 (1.22%) Anaplan
6 1 (1.22%) Ariba
6 1 (1.22%) Avaya
6 1 (1.22%) Progress