The median contractor rate for a Principal Engineer was - per day in advertised job vacancies in Bedfordshire during the 3 months to 27 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Principal Engineer
East of England / Bedfordshire
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 35 34 47
Rank change year-on-year -1 +13  
Contract jobs requiring a Principal Engineer 1 2 1
As % of all contract IT jobs advertised in Bedfordshire 0.36% 0.65% 0.23%
As % of the Job Titles category 0.38% 0.69% 0.25%
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £463 £413 £420
% change year-on-year +12.12% -1.78%  
Number of hourly rates quoted 1 2 1
Median hourly rate £47.50 £50.68 £40.00
Median hourly rate % change year-on-year -6.27% +26.70%  
UK excluding London median hourly rate £47.50 £50.68 £40.00
% change year-on-year -6.27% +26.70%  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Bedfordshire. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
Bedfordshire
Contract job vacancies with a job title containing a recognized job role 265 291 405
As % of all contract IT job vacancies advertised in Bedfordshire 95.67% 95.10% 94.63%
Number of daily rates quoted 187 195 301
Median daily rate £443 £438 £448
Median daily rate % change year-on-year +1.14% -2.23%  
90% offered a daily rate of more than £300 £297 £268
10% offered a daily rate of more than £550 £588 £613
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 6 18 25
Median hourly rate £18.00 £45.00 £40.00
Median hourly rate % change year-on-year -60.00% +12.50%  
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Principal Engineer
Job Vacancy Trend in Bedfordshire

The job posting trend of jobs advertised in Bedfordshire that featured Principal Engineer in the job title.

Job vacancy trend for Principal Engineer in Bedfordshire

Principal Engineer
Contractor Daily Rate Trend in Bedfordshire

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Principal Engineer in Bedfordshire.

Contractor daily rate trend for Principal Engineer in Bedfordshire

Principal Engineer
Contractor Hourly Rate Trend in Bedfordshire

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Principal Engineer in Bedfordshire.

Contractor hourly rate trend for Principal Engineer in Bedfordshire

Principal Engineer Skill Set
Top 16 Co-occurring IT Skills in Bedfordshire

For the 6 months to 27 March 2017, Principal Engineer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Bedfordshire region featuring Principal Engineer in the job title.

1 1 (50.00%) UML
1 1 (50.00%) Cisco
1 1 (50.00%) CCIE
1 1 (50.00%) CCNP
1 1 (50.00%) Cisco Certification
1 1 (50.00%) MATLAB
1 1 (50.00%) Simulink
1 1 (50.00%) Management Information System
1 1 (50.00%) Risk Management
1 1 (50.00%) Teamcenter
1 1 (50.00%) Degree
1 1 (50.00%) SC Cleared
1 1 (50.00%) Security Cleared
1 1 (50.00%) Rational DOORS
1 1 (50.00%) Process Improvement
1 1 (50.00%) Rational Rhapsody

Principal Engineer Skill Set
Co-occurring IT Skills in Bedfordshire by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (50.00%) Simulink
Business Applications
1 1 (50.00%) Teamcenter
Development Applications
1 1 (50.00%) Rational DOORS
1 1 (50.00%) Rational Rhapsody
Miscellaneous
1 1 (50.00%) Management Information System
Processes & Methodologies
1 1 (50.00%) Process Improvement
1 1 (50.00%) Risk Management
1 1 (50.00%) UML
Programming Languages
1 1 (50.00%) MATLAB
Qualifications
1 1 (50.00%) CCIE
1 1 (50.00%) CCNP
1 1 (50.00%) Cisco Certification
1 1 (50.00%) Degree
1 1 (50.00%) SC Cleared
1 1 (50.00%) Security Cleared
Vendors
1 1 (50.00%) Cisco