Period
to 25 January 2022

The median contractor rate for a Consultant was £550 per day in advertised job vacancies in the City of London during the 6 months to 25 January 2022.

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.

Consultant
Central London > City of London
6 months to
25 Jan 2022
Same period 2021 Same period 2020
Rank 74 60 47
Rank change year-on-year -14 -13 +22
Contract jobs requiring a Consultant 132 76 216
As % of all contract jobs advertised in the City of London 3.29% 3.64% 4.42%
As % of the Job Titles category 3.56% 3.93% 4.73%
Number of daily rates quoted 105 53 137
10th Percentile £408 £366 £366
25th Percentile £506 £450 £425
Median daily rate (50th Percentile) £550 £550 £500
Median % change year-on-year - +10.00% -4.76%
75th Percentile £663 £688 £625
90th Percentile £800 £720 £688
Central London median daily rate £550 £550 £500
% change year-on-year - +10.00% -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. 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.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 3,705 1,933 4,562
% of contract IT jobs with a recognized job title 92.39% 92.58% 93.45%
Number of daily rates quoted 2,866 1,469 3,581
10th Percentile £358 £306 £300
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £515 £500
Median % change year-on-year +6.80% +3.00% -
75th Percentile £650 £604 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £510 £500
% change year-on-year +7.84% +2.00% -
Number of hourly rates quoted 46 19 60
10th Percentile £13.88 £16.15 £12.38
25th Percentile £18.63 £20.50 £14.19
Median hourly rate £34.75 £23.00 £19.75
Median % change year-on-year +51.09% +16.46% +5.61%
75th Percentile £51.50 £36.88 £25.50
90th Percentile £62.50 £46.35 £49.50
Central London median hourly rate £35.00 £24.75 £20.00
% change year-on-year +41.41% +23.75% +6.95%

Consultant
Job Vacancy Trend in the City of London

Job postings that featured Consultant in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Consultant in the City of London

Consultant
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Consultant in the City of London.

Daily rate trend for Consultant in the City of London

Consultant
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Consultant in the City of London over the 6 months to 25 January 2022.

Daily rate histogram for Consultant in the City of London

Consultant
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Consultant in the City of London.

Hourly rate trend for Consultant in the City of London

Consultant
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Consultant within the City of London region over the 6 months to 25 January 2022. 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
London Bridge -4 2 £513 -
Consultant
Central London

Consultant Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 25 January 2022, Consultant contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Consultant in the job title.

1 54 (40.91%) Finance
2 35 (26.52%) Azure
3 33 (25.00%) Migration
4 32 (24.24%) Social Skills
5 29 (21.97%) Microsoft
6 23 (17.42%) Information Security
6 23 (17.42%) Microsoft 365
6 23 (17.42%) Cybersecurity
7 22 (16.67%) Active Directory
7 22 (16.67%) Banking
7 22 (16.67%) ISO/IEC 27001
8 19 (14.39%) VMware
8 19 (14.39%) DHCP
8 19 (14.39%) DNS
8 19 (14.39%) Agile Software Development
9 18 (13.64%) Risk Management
9 18 (13.64%) Microsoft Intune
10 17 (12.88%) Java
11 16 (12.12%) VMware Infrastructure
11 16 (12.12%) Hyper-V
11 16 (12.12%) Cost Optimisation
12 15 (11.36%) GDPR
12 15 (11.36%) Fixed Income
13 14 (10.61%) Front Office
13 14 (10.61%) SQL
13 14 (10.61%) AWS
13 14 (10.61%) Change Control
14 12 (9.09%) Fintech
15 10 (7.58%) Analytics
15 10 (7.58%) Legacy Systems

Consultant Skill Set
Co-occurring IT Skills in the City of London 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:

Application Platforms
1 5 (3.79%) SharePoint
2 2 (1.52%) CMS
2 2 (1.52%) SAS
3 1 (0.76%) OpenStack
Applications
1 10 (7.58%) Spreadsheet
2 6 (4.55%) Microsoft Office
3 5 (3.79%) Microsoft Excel
4 2 (1.52%) Microsoft PowerPoint
5 1 (0.76%) MS Visio
Business Applications
1 2 (1.52%) Cloudability
1 2 (1.52%) Dynamics CRM
1 2 (1.52%) SAP CO
1 2 (1.52%) SAP FI
1 2 (1.52%) SAP FI/CO
1 2 (1.52%) SAP S/4HANA
1 2 (1.52%) Temenos T24
2 1 (0.76%) Dynamics AX
2 1 (0.76%) NetSuite
2 1 (0.76%) Oracle Financials
2 1 (0.76%) SAP GTS
Cloud Services
1 35 (26.52%) Azure
2 23 (17.42%) Microsoft 365
3 14 (10.61%) AWS
4 7 (5.30%) Dynamics 365
5 6 (4.55%) Azure Active Directory
6 4 (3.03%) Power Platform
7 3 (2.27%) Amazon EC2
8 2 (1.52%) Amazon S3
8 2 (1.52%) dbt
8 2 (1.52%) IaaS
8 2 (1.52%) Nutanix
8 2 (1.52%) OpenShift
8 2 (1.52%) PowerApps
8 2 (1.52%) SaaS
8 2 (1.52%) Serverless
9 1 (0.76%) Amazon CloudWatch
9 1 (0.76%) AWS CloudFormation
9 1 (0.76%) AWS CloudTrail
9 1 (0.76%) GCP
9 1 (0.76%) Yammer
Communications & Networking
1 19 (14.39%) DHCP
1 19 (14.39%) DNS
2 7 (5.30%) Internet
3 2 (1.52%) Firewall
3 2 (1.52%) iSCSI
3 2 (1.52%) Software-Defined Networking
3 2 (1.52%) TCP/IP
4 1 (0.76%) DMZ
4 1 (0.76%) Intranet
4 1 (0.76%) RTMP
4 1 (0.76%) SWIFTNet
4 1 (0.76%) Unified Communications
4 1 (0.76%) VPN
4 1 (0.76%) WAN
4 1 (0.76%) Wireless
Database & Business Intelligence
1 3 (2.27%) Amazon RDS
1 3 (2.27%) Metadata
1 3 (2.27%) Power BI
1 3 (2.27%) SQL Server
2 2 (1.52%) Data Warehouse
3 1 (0.76%) Amazon Redshift
3 1 (0.76%) Apache Hive
3 1 (0.76%) Data Lake
3 1 (0.76%) Hadoop
3 1 (0.76%) KDB
3 1 (0.76%) MS Access
3 1 (0.76%) Oracle Database
3 1 (0.76%) Oracle Reports
3 1 (0.76%) SAP HANA
3 1 (0.76%) Tableau
3 1 (0.76%) Tableau Desktop
Development Applications
1 3 (2.27%) Jenkins
2 2 (1.52%) Gerrit
2 2 (1.52%) Git (software)
3 1 (0.76%) JIRA
3 1 (0.76%) PowerBuilder
3 1 (0.76%) Visual Studio
3 1 (0.76%) Visual Studio Tools for Office
General
1 54 (40.91%) Finance
2 32 (24.24%) Social Skills
3 22 (16.67%) Banking
4 14 (10.61%) Front Office
5 8 (6.06%) Financial Institution
6 7 (5.30%) Legal
7 6 (4.55%) Analytical Skills
7 6 (4.55%) Organisational Skills
8 4 (3.03%) Influencing Skills
8 4 (3.03%) Marketing
9 3 (2.27%) Billing
9 3 (2.27%) Presentation Skills
9 3 (2.27%) Retail
10 2 (1.52%) Advertising
10 2 (1.52%) Documentation Skills
10 2 (1.52%) General Ledger
10 2 (1.52%) Public Sector
11 1 (0.76%) Law
11 1 (0.76%) Spanish Language
11 1 (0.76%) Telecoms
Libraries, Frameworks & Software Standards
1 3 (2.27%) .NET
1 3 (2.27%) Hibernate
1 3 (2.27%) J2SE
1 3 (2.27%) Middleware
1 3 (2.27%) Oracle Fusion
1 3 (2.27%) Spring
2 2 (1.52%) HTML
3 1 (0.76%) AngularJS
3 1 (0.76%) CSS
3 1 (0.76%) Keycloak
3 1 (0.76%) Node.js
3 1 (0.76%) SAP PI
3 1 (0.76%) Vue.js
3 1 (0.76%) WPF
3 1 (0.76%) XML
Miscellaneous
1 15 (11.36%) Fixed Income
2 10 (7.58%) Foreign Exchange (FX)
2 10 (7.58%) Legacy Systems
3 6 (4.55%) Public Cloud
4 5 (3.79%) Replication
5 4 (3.03%) Hedge funds
6 3 (2.27%) CMDB
6 3 (2.27%) Data Centre
6 3 (2.27%) Equities
6 3 (2.27%) Hybrid Cloud
7 2 (1.52%) Analytical Mindset
7 2 (1.52%) e-Learning
7 2 (1.52%) Enterprise Software
7 2 (1.52%) Enterprise Storage
7 2 (1.52%) Management Information System
7 2 (1.52%) PKI
7 2 (1.52%) Private Cloud
7 2 (1.52%) Self-Motivation
7 2 (1.52%) Social Media
8 1 (0.76%) User Experience
Operating Systems
1 9 (6.82%) Linux
2 7 (5.30%) Windows
3 4 (3.03%) Red Hat Enterprise Linux
3 4 (3.03%) Unix
4 3 (2.27%) Windows Server 2016
5 2 (1.52%) Oracle Linux
5 2 (1.52%) Windows Server
5 2 (1.52%) Windows Server 2019
6 1 (0.76%) Windows 10
Processes & Methodologies
1 33 (25.00%) Migration
2 23 (17.42%) Cybersecurity
2 23 (17.42%) Information Security
3 19 (14.39%) Agile Software Development
4 18 (13.64%) Risk Management
5 16 (12.12%) Cost Optimisation
6 14 (10.61%) Change Control
7 12 (9.09%) Fintech
8 10 (7.58%) Analytics
8 10 (7.58%) Data Migration
8 10 (7.58%) Electronic Trading
8 10 (7.58%) Stakeholder Management
9 8 (6.06%) Business Continuity
10 7 (5.30%) Compliance Audit
10 7 (5.30%) Software Engineering
11 6 (4.55%) Data Security
11 6 (4.55%) Information Security Management
11 6 (4.55%) ISMS
11 6 (4.55%) Project Management
11 6 (4.55%) Security Management
Programming Languages
1 17 (12.88%) Java
2 14 (10.61%) SQL
3 6 (4.55%) PowerShell
4 3 (2.27%) Python
5 2 (1.52%) C#
5 2 (1.52%) Perl
6 1 (0.76%) ABAP
6 1 (0.76%) C
6 1 (0.76%) Delphi
6 1 (0.76%) JavaScript
6 1 (0.76%) PHP
6 1 (0.76%) R
6 1 (0.76%) T-SQL
6 1 (0.76%) VB
6 1 (0.76%) VBA
6 1 (0.76%) VBScript
Qualifications
1 8 (6.06%) Security Cleared
2 7 (5.30%) SC Cleared
3 5 (3.79%) Degree
3 5 (3.79%) ISO 27001 Lead Auditor
4 2 (1.52%) CCNP
4 2 (1.52%) Cisco Certification
4 2 (1.52%) VMware Certified Professional (VCP)
5 1 (0.76%) BPSS Clearance
5 1 (0.76%) CCNA
5 1 (0.76%) CFA
5 1 (0.76%) CISSP
5 1 (0.76%) DV Cleared
5 1 (0.76%) GCFA
5 1 (0.76%) ISEB
5 1 (0.76%) ISO 27001 Lead Implementer
5 1 (0.76%) MCP
5 1 (0.76%) MCSE
5 1 (0.76%) Microsoft Certification
5 1 (0.76%) PCI QSA
5 1 (0.76%) Tableau Certification
Quality Assurance & Compliance
1 22 (16.67%) ISO/IEC 27001
2 15 (11.36%) GDPR
3 6 (4.55%) COBIT
3 6 (4.55%) PCI DSS
4 5 (3.79%) QA
5 4 (3.03%) Data Quality
5 4 (3.03%) NIST
6 1 (0.76%) GMP
6 1 (0.76%) ISO 20022
6 1 (0.76%) NCSC
6 1 (0.76%) SLA
System Software
1 22 (16.67%) Active Directory
2 16 (12.12%) Hyper-V
2 16 (12.12%) VMware Infrastructure
3 3 (2.27%) Docker
3 3 (2.27%) Virtual Desktop
3 3 (2.27%) Virtual Machines
4 2 (1.52%) Firmware
4 2 (1.52%) NFS
4 2 (1.52%) VMware NSX
5 1 (0.76%) vSphere
Systems Management
1 18 (13.64%) Microsoft Intune
2 5 (3.79%) Ansible
2 5 (3.79%) Kubernetes
2 5 (3.79%) Terraform
3 2 (1.52%) Active Directory Federation Services
3 2 (1.52%) SCCM
3 2 (1.52%) Single Sign-On
4 1 (0.76%) EnCase
4 1 (0.76%) FortiGate
4 1 (0.76%) FTK
4 1 (0.76%) Grafana
4 1 (0.76%) Nagios
4 1 (0.76%) Opscode Chef
4 1 (0.76%) Prometheus
4 1 (0.76%) vRealize
4 1 (0.76%) vRealize Orchestrator
Vendors
1 29 (21.97%) Microsoft
2 19 (14.39%) VMware
3 6 (4.55%) Oracle
4 5 (3.79%) Red Hat
4 5 (3.79%) SAP
5 4 (3.03%) Cisco
6 3 (2.27%) IBM
6 3 (2.27%) Salesforce.com
6 3 (2.27%) ServiceNow
7 2 (1.52%) Infoblox
7 2 (1.52%) NetApp
7 2 (1.52%) Zerto
8 1 (0.76%) Concur
8 1 (0.76%) CyberArk
8 1 (0.76%) Databricks
8 1 (0.76%) ForgeRock
8 1 (0.76%) IFS
8 1 (0.76%) Pardot
8 1 (0.76%) Splunk
8 1 (0.76%) Workday