The table below looks at the statistics for the Head of IT role in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Head of IT in their job title over the 3 months to 5 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Head of Information Technology
Rank 150 185 200
Rank change year-on-year
+35 +15
Contract jobs requiring a Head of IT 2 5 6
As % of all contract IT jobs located in the City of London 0.064% 0.099% 0.10%
As % of the Job Titles category 0.067% 0.10% 0.11%
Number of daily rates quoted 2 4 4
Average daily rate £735 £700 £320
Average daily rate % change year-on-year
+5.00% +118.75%
90% offered a daily rate of more than £607 £430 £140
10% offered a daily rate of more than £863 £900 £588
UK excluding London average daily rate £550 £419 £475
% change year-on-year
+31.34% -11.84%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Head of IT
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
2993 4783 5548
As % of all contract IT jobs located in the City of London 95.41% 95.01% 94.93%
Number of daily rates quoted 2363 3663 3992
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £610 £625
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 51 84 90
Average hourly rate £20.00 £18.00 £20.00
Average hourly rate % change year-on-year
+11.08% -10.00%
90% offered a hourly rate of more than £12.10 £12.50 £13.00
10% offered a hourly rate of more than £53.00 £27.01 £30.90
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

Head of IT
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Head of IT in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Head of IT Jobs Demand Trend in the City of London

Head of IT
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Head of IT across the City of London region.

Head of IT Daily Rate Trend in the City of London

Head of IT
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Head of IT across the City of London region over the 3 months to 5 February 2016.

Head of IT Daily Rate Histogram in the City of London

Head of IT
Top 16 Related IT Skills in the City of London

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region that cited Head of IT in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Head of IT in their job title.

1 3 (60.00%) Finance
2 2 (40.00%) Service Delivery
2 2 (40.00%) Front Office
2 2 (40.00%) Back Office
2 2 (40.00%) Banking
2 2 (40.00%) Investment Banking
2 2 (40.00%) International Banking
2 2 (40.00%) Degree
2 2 (40.00%) Performance Management
2 2 (40.00%) Cash Management
2 2 (40.00%) People Management
3 1 (20.00%) Risk Management
3 1 (20.00%) Telecoms
3 1 (20.00%) Stakeholder Management
3 1 (20.00%) SLA
3 1 (20.00%) Service Management

Head of IT
Top Related IT Skills in the City of London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the City of London region that cited Head of IT in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Head of IT in their job title. Up to 20 skills are shown per category.

General
1 3 (60.00%) Finance
2 2 (40.00%) Back Office
2 2 (40.00%) Banking
2 2 (40.00%) Front Office
2 2 (40.00%) International Banking
2 2 (40.00%) Investment Banking
3 1 (20.00%) Telecoms
Processes & Methodologies
1 2 (40.00%) Cash Management
1 2 (40.00%) People Management
1 2 (40.00%) Performance Management
1 2 (40.00%) Service Delivery
2 1 (20.00%) Risk Management
2 1 (20.00%) Service Management
2 1 (20.00%) Stakeholder Management
Qualifications
1 2 (40.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) SLA