Principal Consultant
UK
The median Principal Consultant daily rate in the UK is £630 according to job vacancies posted during the 6 months to 7 May 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 7 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 568 | 685 | 834 |
| Rank change year-on-year | +117 | +149 | -151 |
| Contract jobs requiring a Principal Consultant | 17 | 8 | 15 |
| As % of all contract jobs advertised in the UK | 0.040% | 0.014% | 0.017% |
| As % of the Job Titles category | 0.043% | 0.015% | 0.018% |
| Number of daily rates quoted | 9 | 6 | 9 |
| 10th Percentile | £580 | £550 | - |
| 25th Percentile | £600 | £602 | £550 |
| Median daily rate (50th Percentile) | £630 | £613 | £625 |
| Median % change year-on-year | +2.86% | -2.00% | +13.64% |
| 75th Percentile | £700 | £717 | £1,125 |
| 90th Percentile | £854 | £775 | - |
| UK excluding London median daily rate | £705 | £500 | £625 |
| % change year-on-year | +41.00% | -20.00% | - |
All Contract IT Job Vacancies
UK
The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 UK with a recognized job title | 39,719 | 54,978 | 83,963 |
| % of contract IT jobs with a recognized job title | 92.74% | 94.64% | 95.46% |
| Number of daily rates quoted | 25,839 | 38,395 | 59,001 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,655 | 1,545 | 2,052 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.25 | £15.63 |
| Median hourly rate | £36.50 | £45.00 | £23.91 |
| Median % change year-on-year | -18.89% | +88.21% | +6.27% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.74 | £76.40 | £63.75 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £19.52 |
| % change year-on-year | -5.88% | +117.73% | +2.74% |
Principal Consultant
Job Vacancy Trend
Job postings that featured Principal Consultant in the job title as a proportion of all IT jobs advertised.
Principal Consultant
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Principal Consultant.
Principal Consultant
Daily Rate Histogram
Daily rate distribution for jobs citing Principal Consultant over the 6 months to 7 May 2024.
Principal Consultant
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Principal Consultant.
Principal Consultant
Top 10 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Principal Consultant within the UK over the 6 months to 7 May 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 | +115 | 17 | £630 | +2.86% | 72 |
| London | +96 | 11 | £600 | -2.04% | 37 |
| UK excluding London | +74 | 6 | £705 | +41.00% | 29 |
| Work from Home | +127 | 4 | £900 | +48.45% | 37 |
| South West | - | 2 | £780 | - | 6 |
| North of England | - | 2 | £628 | - | 8 |
| North West | - | 2 | £628 | - | 5 |
| South East | +19 | 1 | - | - | 5 |
| Midlands | - | 1 | £1,100 | - | 4 |
| West Midlands | - | 1 | £1,100 | - | 3 |
Principal Consultant Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 7 May 2024, Principal 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 featuring Principal Consultant in the job title.
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Principal Consultant Skill Set
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: