Period
to 10 August 2020

The median contractor rate for a Consultant was £515 per day in advertised job vacancies in the City of London during the 6 months to 10 August 2020.

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
10 Aug 2020
Same period 2019 Same period 2018
Rank 49 50 60
Rank change year-on-year +1 +10 -4
Contract jobs requiring a Consultant 87 285 274
As % of all contract jobs advertised in the City of London 3.94% 4.37% 3.90%
As % of the Job Titles category 4.23% 4.65% 4.10%
Number of daily rates quoted 57 212 179
Median daily rate £515 £500 £513
Median daily rate % change year-on-year +3.00% -2.44% +2.50%
10th Percentile £358 £363 £375
90th Percentile £850 £668 £650
Central London median daily rate £500 £500 £513
% change year-on-year - -2.44% +2.76%
Number of hourly rates quoted 1 6 0
Median hourly rate £35.00 £46.85 -
Median hourly rate % change year-on-year -25.29% - -
Central London median hourly rate £35.00 £46.85 -
% change year-on-year -25.29% - -

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 2,056 6,134 6,675
% of contract IT jobs with a recognized job title 93.03% 93.95% 94.99%
Number of daily rates quoted 1,440 4,793 5,234
Median daily rate £510 £515 £500
Median daily rate % change year-on-year -0.97% +3.00% -
10th Percentile £313 £325 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £513 £500
% change year-on-year -2.44% +2.50% +1.52%
Number of hourly rates quoted 44 77 129
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +7.56%
10th Percentile £13.28 £11.25 £13.25
90th Percentile £51.08 £57.90 £30.00
Median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +6.04%

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 10 August 2020.

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

For the 6 months to 10 August 2020, 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 19 (21.84%) Finance
2 15 (17.24%) Agile Software Development
3 14 (16.09%) Azure
4 12 (13.79%) Migration
4 12 (13.79%) Active Directory
5 10 (11.49%) SQL
5 10 (11.49%) SAP
6 9 (10.34%) Java
6 9 (10.34%) Office 365
7 8 (9.20%) Banking
7 8 (9.20%) Information Security
7 8 (9.20%) Azure Active Directory
8 7 (8.05%) SharePoint
8 7 (8.05%) Microsoft
8 7 (8.05%) Degree
8 7 (8.05%) Electronic Trading
8 7 (8.05%) DevOps
9 6 (6.90%) Oracle
9 6 (6.90%) Stakeholder Management
9 6 (6.90%) Fixed Income
9 6 (6.90%) Change Management
9 6 (6.90%) Fintech
9 6 (6.90%) Analytical Skills
10 5 (5.75%) Identity Access Management
10 5 (5.75%) Front Office
10 5 (5.75%) Password Management
10 5 (5.75%) Windows
10 5 (5.75%) Foreign Exchange (FX)
10 5 (5.75%) Document Management
10 5 (5.75%) Spreadsheet

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 7 (8.05%) SharePoint
2 2 (2.30%) WebSphere
3 1 (1.15%) Confluence
3 1 (1.15%) NetWeaver
3 1 (1.15%) TIBCO ActiveMatrix
Applications
1 5 (5.75%) Spreadsheet
2 3 (3.45%) Microsoft Excel
3 2 (2.30%) MS Visio
Business Applications
1 4 (4.60%) SAP CO
1 4 (4.60%) SAP FI
1 4 (4.60%) SAP FI/CO
2 2 (2.30%) SAP S/4HANA
3 1 (1.15%) BusinessWorks
3 1 (1.15%) Front Arena
3 1 (1.15%) PeopleSoft Financials
3 1 (1.15%) SAP APO
3 1 (1.15%) SAP BPC
3 1 (1.15%) SAP PP
3 1 (1.15%) Temenos T24
3 1 (1.15%) Unit4 Business World
3 1 (1.15%) Workday HCM
Cloud Services
1 14 (16.09%) Azure
2 9 (10.34%) Office 365
3 8 (9.20%) Azure Active Directory
4 4 (4.60%) Power Platform
5 3 (3.45%) AWS
6 2 (2.30%) Logic Apps
6 2 (2.30%) PowerApps
7 1 (1.15%) Adobe Analytics
7 1 (1.15%) Azure Data Factory
7 1 (1.15%) Force.com
7 1 (1.15%) Salesforce Sales Cloud
7 1 (1.15%) Salesforce Service Cloud
7 1 (1.15%) SuccessFactors
Communications & Networking
1 2 (2.30%) FTP
1 2 (2.30%) TCP/IP
2 1 (1.15%) DNS
2 1 (1.15%) Kerberos
2 1 (1.15%) Network Security
2 1 (1.15%) WAN
Database & Business Intelligence
1 4 (4.60%) SQL Server
2 3 (3.45%) Big Data
2 3 (3.45%) Hadoop
3 2 (2.30%) Adabas
3 2 (2.30%) Data Warehouse
3 2 (2.30%) Power BI
4 1 (1.15%) BusinessObjects
4 1 (1.15%) Looker
4 1 (1.15%) RDBMS
4 1 (1.15%) Relational Database
4 1 (1.15%) SAP BW
4 1 (1.15%) Star Schema
4 1 (1.15%) Text Mining
Development Applications
1 3 (3.45%) Visual Studio Team System
2 2 (2.30%) ClearQuest
3 1 (1.15%) Jenkins
3 1 (1.15%) JIRA
3 1 (1.15%) Oracle Forms
3 1 (1.15%) PowerBuilder
General
1 19 (21.84%) Finance
2 8 (9.20%) Banking
3 5 (5.75%) Front Office
4 3 (3.45%) Games
4 3 (3.45%) Law
4 3 (3.45%) Legal
5 2 (2.30%) Billing
5 2 (2.30%) Manufacturing
5 2 (2.30%) Police
5 2 (2.30%) Telecoms
6 1 (1.15%) Advertising
6 1 (1.15%) Arabic Language
6 1 (1.15%) Financial Institution
6 1 (1.15%) Public Sector
6 1 (1.15%) Social Science
6 1 (1.15%) Turkish Language
Libraries, Frameworks & Software Standards
1 2 (2.30%) Middleware
1 2 (2.30%) SOAP
1 2 (2.30%) TensorFlow
2 1 (1.15%) .NET
2 1 (1.15%) .NET Core
2 1 (1.15%) HTML
2 1 (1.15%) HTML5
2 1 (1.15%) JDBC
2 1 (1.15%) JMS
2 1 (1.15%) LDAP
2 1 (1.15%) OAuth
2 1 (1.15%) OpenID
2 1 (1.15%) React
2 1 (1.15%) REST
2 1 (1.15%) SailPoint
2 1 (1.15%) SAML
2 1 (1.15%) TIBCO EMS
2 1 (1.15%) Visualforce
2 1 (1.15%) Web Services
2 1 (1.15%) XML
Miscellaneous
1 6 (6.90%) Analytical Skills
1 6 (6.90%) Fixed Income
2 5 (5.75%) Foreign Exchange (FX)
3 4 (4.60%) Management Information System
4 3 (3.45%) Data Structures
4 3 (3.45%) Enterprise Software
5 2 (2.30%) Data Centre
5 2 (2.30%) Greenfield Project
5 2 (2.30%) Mainframe
5 2 (2.30%) Private Cloud
5 2 (2.30%) Replication
5 2 (2.30%) Self-Motivation
6 1 (1.15%) Cloud Native
6 1 (1.15%) CMDB
6 1 (1.15%) Derivative
6 1 (1.15%) Hedge funds
6 1 (1.15%) Social Media
6 1 (1.15%) User Experience
6 1 (1.15%) Wiki
Operating Systems
1 5 (5.75%) Windows
2 4 (4.60%) Linux
3 3 (3.45%) Android
3 3 (3.45%) Unix
3 3 (3.45%) Windows Server
4 2 (2.30%) Red Hat Enterprise Linux
4 2 (2.30%) Windows 10
4 2 (2.30%) Windows 7
5 1 (1.15%) HPUX
Processes & Methodologies
1 15 (17.24%) Agile Software Development
2 12 (13.79%) Migration
3 8 (9.20%) Information Security
4 7 (8.05%) DevOps
4 7 (8.05%) Electronic Trading
5 6 (6.90%) Change Management
5 6 (6.90%) Fintech
5 6 (6.90%) Stakeholder Management
6 5 (5.75%) Document Management
6 5 (5.75%) Identity Access Management
6 5 (5.75%) Password Management
7 4 (4.60%) Analytics
7 4 (4.60%) Business Intelligence
7 4 (4.60%) Data Modelling
7 4 (4.60%) Risk Management
8 3 (3.45%) Collaborative Working
8 3 (3.45%) Data Migration
8 3 (3.45%) Defect Management
8 3 (3.45%) Stakeholder Engagement
8 3 (3.45%) Workflow
Programming Languages
1 10 (11.49%) SQL
2 9 (10.34%) Java
3 4 (4.60%) ABAP
3 4 (4.60%) Python
4 3 (3.45%) PowerShell
5 2 (2.30%) JavaScript
5 2 (2.30%) JCL
5 2 (2.30%) Natural
6 1 (1.15%) Apex Code
6 1 (1.15%) Bash Shell
6 1 (1.15%) Java 8
6 1 (1.15%) PL/SQL
6 1 (1.15%) Ruby
6 1 (1.15%) VBA
Qualifications
1 7 (8.05%) Degree
2 4 (4.60%) CISM
2 4 (4.60%) CISSP
2 4 (4.60%) Security Cleared
3 3 (3.45%) CRISC
3 3 (3.45%) SC Cleared
4 2 (2.30%) Avaya Certification
5 1 (1.15%) CCA
5 1 (1.15%) CISA
5 1 (1.15%) Computer Science Degree
5 1 (1.15%) ITIL Certification
5 1 (1.15%) Master's Degree
5 1 (1.15%) SAP Certification
Quality Assurance & Compliance
1 4 (4.60%) ISO/IEC 27001
1 4 (4.60%) QA
2 2 (2.30%) Data Quality
3 1 (1.15%) COBIT
3 1 (1.15%) Cyber Essentials
3 1 (1.15%) GDPR
3 1 (1.15%) NIST
3 1 (1.15%) Sarbanes-Oxley
System Software
1 12 (13.79%) Active Directory
2 3 (3.45%) VMware Infrastructure
3 2 (2.30%) Docker
4 1 (1.15%) VMware NSX
Systems Management
1 4 (4.60%) Kubernetes
2 3 (3.45%) Terraform
3 2 (2.30%) Nagios
3 2 (2.30%) SCOM
4 1 (1.15%) Ansible
4 1 (1.15%) Control-M
4 1 (1.15%) PingFederate
4 1 (1.15%) Puppet
4 1 (1.15%) Single Sign-On
4 1 (1.15%) Tivoli Storage Manager
Vendors
1 10 (11.49%) SAP
2 7 (8.05%) Microsoft
3 6 (6.90%) Oracle
4 5 (5.75%) ServiceNow
5 4 (4.60%) Cisco
6 3 (3.45%) HP
6 3 (3.45%) Remedy
6 3 (3.45%) VMware
7 2 (2.30%) Avaya
7 2 (2.30%) Citrix
7 2 (2.30%) Cloudera
7 2 (2.30%) DocuSign
7 2 (2.30%) EMC
7 2 (2.30%) NetApp
7 2 (2.30%) OpenText
7 2 (2.30%) Red Hat
7 2 (2.30%) Software AG
7 2 (2.30%) TIBCO
8 1 (1.15%) Alteryx
8 1 (1.15%) CyberArk