Period
to 18 October 2021

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 18 October 2021.

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
18 Oct 2021
Same period 2020 Same period 2019
Rank 73 53 50
Rank change year-on-year -20 -3 +13
Contract jobs requiring a Consultant 119 71 252
As % of all contract jobs advertised in the City of London 3.08% 4.01% 4.22%
As % of the Job Titles category 3.33% 4.36% 4.50%
Number of daily rates quoted 89 47 177
10th Percentile £395 £410 £370
25th Percentile £500 £461 £413
Median daily rate (50th Percentile) £550 £525 £500
Median % change year-on-year +4.76% +5.00% -2.44%
75th Percentile £675 £631 £619
90th Percentile £800 £730 £675
Central London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -0.50%
Number of hourly rates quoted 1 0 6
10th Percentile " " £41.60
25th Percentile £31.00 " £41.77
Median hourly rate £32.00 - £46.85
75th Percentile £33.00 " £52.60
90th Percentile " " £53.75
Central London median hourly rate £32.00 - £46.85

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 3,578 1,628 5,606
% of contract IT jobs with a recognized job title 92.72% 91.87% 93.92%
Number of daily rates quoted 2,703 1,233 4,442
10th Percentile £354 £306 £313
25th Percentile £461 £413 £413
Median daily rate (50th Percentile) £550 £513 £513
Median % change year-on-year +7.32% - +2.50%
75th Percentile £650 £600 £600
90th Percentile £738 £675 £675
Central London median daily rate £550 £511 £500
% change year-on-year +7.58% +2.25% -
Number of hourly rates quoted 39 25 70
10th Percentile £13.83 £15.50 £11.70
25th Percentile £17.34 £20.00 £13.31
Median hourly rate £28.00 £35.50 £19.50
Median % change year-on-year -21.13% +82.05% +4.28%
75th Percentile £37.75 £46.00 £23.69
90th Percentile £61.95 £47.75 £49.15
Central London median hourly rate £28.50 £33.50 £20.50
% change year-on-year -14.93% +63.41% +9.63%

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 18 October 2021.

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 18 October 2021. 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
Job
Vacancies
London Bridge - 1 £500 -
Consultant
Central London

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

For the 6 months to 18 October 2021, 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 48 (40.34%) Finance
2 27 (22.69%) Agile Software Development
2 27 (22.69%) Azure
3 22 (18.49%) Migration
3 22 (18.49%) Microsoft
4 20 (16.81%) Microsoft 365
4 20 (16.81%) Social Skills
5 19 (15.97%) Banking
6 16 (13.45%) Active Directory
7 15 (12.61%) Information Security
8 14 (11.76%) Java
8 14 (11.76%) Analytics
8 14 (11.76%) Cybersecurity
9 13 (10.92%) DHCP
9 13 (10.92%) Risk Management
9 13 (10.92%) Fixed Income
9 13 (10.92%) ISO/IEC 27001
10 12 (10.08%) VMware
10 12 (10.08%) DNS
10 12 (10.08%) Microsoft Intune
11 11 (9.24%) Fintech
11 11 (9.24%) Legacy Systems
11 11 (9.24%) SharePoint
11 11 (9.24%) Front Office
11 11 (9.24%) Electronic Trading
12 10 (8.40%) VMware Infrastructure
12 10 (8.40%) Spreadsheet
12 10 (8.40%) Hyper-V
12 10 (8.40%) Windows
12 10 (8.40%) Foreign Exchange (FX)

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 11 (9.24%) SharePoint
2 2 (1.68%) SAS
3 1 (0.84%) ArcGIS
3 1 (0.84%) CMS
3 1 (0.84%) Confluence
3 1 (0.84%) FileNet
3 1 (0.84%) WebSphere
Applications
1 10 (8.40%) Spreadsheet
2 5 (4.20%) Microsoft Office
3 2 (1.68%) Microsoft PowerPoint
4 1 (0.84%) Microsoft Excel
Business Applications
1 4 (3.36%) Cloudability
1 4 (3.36%) Dynamics CRM
2 2 (1.68%) HFM
2 2 (1.68%) Hyperion Planning
2 2 (1.68%) Oracle Financials
2 2 (1.68%) PeopleSoft Financials
3 1 (0.84%) NetSuite
3 1 (0.84%) Oracle Assets
3 1 (0.84%) Oracle EBS
3 1 (0.84%) Oracle FAH
3 1 (0.84%) Oracle General Ledger
3 1 (0.84%) Oracle Internet Expenses
3 1 (0.84%) Oracle iProcurement
3 1 (0.84%) Oracle Payables
3 1 (0.84%) Oracle Receivables
Cloud Services
1 27 (22.69%) Azure
2 20 (16.81%) Microsoft 365
3 10 (8.40%) Dynamics 365
4 8 (6.72%) AWS
4 8 (6.72%) Power Platform
5 6 (5.04%) Azure Active Directory
5 6 (5.04%) PowerApps
6 4 (3.36%) Power Automate
7 2 (1.68%) GCP
8 1 (0.84%) Adobe Analytics
8 1 (0.84%) BrowserStack
8 1 (0.84%) CloudSense
8 1 (0.84%) IaaS
8 1 (0.84%) Lucidchart
8 1 (0.84%) SaaS
8 1 (0.84%) Salesforce Sales Cloud
8 1 (0.84%) Sauce Labs
8 1 (0.84%) Smartsheet
8 1 (0.84%) SuccessFactors
8 1 (0.84%) Yammer
Communications & Networking
1 13 (10.92%) DHCP
2 12 (10.08%) DNS
3 2 (1.68%) Internet
4 1 (0.84%) Firewall
4 1 (0.84%) Kerberos
4 1 (0.84%) NetScaler
4 1 (0.84%) Network Security
4 1 (0.84%) Software-Defined Networking
4 1 (0.84%) Unified Communications
4 1 (0.84%) VPN
Database & Business Intelligence
1 6 (5.04%) Power BI
2 5 (4.20%) SQL Server
3 3 (2.52%) Data Warehouse
3 3 (2.52%) Tableau
4 2 (1.68%) BusinessObjects
4 2 (1.68%) Essbase
4 2 (1.68%) Metadata
4 2 (1.68%) Tableau Desktop
5 1 (0.84%) Big Data
5 1 (0.84%) Data Mining
5 1 (0.84%) DB2
5 1 (0.84%) DB2 UDB
5 1 (0.84%) GIS
5 1 (0.84%) Hadoop
5 1 (0.84%) Looker
5 1 (0.84%) MySQL
5 1 (0.84%) Oracle Reports
5 1 (0.84%) PostgreSQL
5 1 (0.84%) SAP HANA
5 1 (0.84%) Tableau Server
Development Applications
1 4 (3.36%) Git (software)
2 3 (2.52%) Jenkins
3 2 (1.68%) JIRA
3 2 (1.68%) Selenium
4 1 (0.84%) Ant
4 1 (0.84%) Appium
4 1 (0.84%) CircleCI
4 1 (0.84%) Cucumber
4 1 (0.84%) Cypress.io
4 1 (0.84%) Eclipse
4 1 (0.84%) Gerrit
4 1 (0.84%) IBM UrbanCode
4 1 (0.84%) JUnit
4 1 (0.84%) PowerBuilder
4 1 (0.84%) REST Assured
4 1 (0.84%) SpecFlow
4 1 (0.84%) Visual Studio
4 1 (0.84%) Visual Studio Tools for Office
General
1 48 (40.34%) Finance
2 20 (16.81%) Social Skills
3 19 (15.97%) Banking
4 11 (9.24%) Front Office
5 7 (5.88%) Billing
5 7 (5.88%) Financial Institution
6 6 (5.04%) Legal
7 5 (4.20%) Marketing
8 4 (3.36%) General Ledger
8 4 (3.36%) Presentation Skills
9 3 (2.52%) Organisational Skills
9 3 (2.52%) Retail
10 2 (1.68%) Analytical Skills
10 2 (1.68%) Influencing Skills
11 1 (0.84%) Advertising
11 1 (0.84%) Telecoms
Libraries, Frameworks & Software Standards
1 3 (2.52%) HTML
2 2 (1.68%) AngularJS
2 2 (1.68%) Node.js
2 2 (1.68%) Oracle Fusion
2 2 (1.68%) Spring
2 2 (1.68%) Vue.js
2 2 (1.68%) XML
3 1 (0.84%) .NET
3 1 (0.84%) CSS
3 1 (0.84%) J2EE
3 1 (0.84%) JSP
3 1 (0.84%) LDAP
3 1 (0.84%) OAuth
3 1 (0.84%) SailPoint
3 1 (0.84%) SAP PI
3 1 (0.84%) Semantic HTML
3 1 (0.84%) Servlets
3 1 (0.84%) SOAP
3 1 (0.84%) WebdriverIO
3 1 (0.84%) WPF
Miscellaneous
1 13 (10.92%) Fixed Income
2 11 (9.24%) Legacy Systems
3 10 (8.40%) Foreign Exchange (FX)
4 7 (5.88%) Public Cloud
5 5 (4.20%) CMDB
6 4 (3.36%) Hedge funds
7 3 (2.52%) Management Information System
7 3 (2.52%) Replication
8 2 (1.68%) Hybrid Cloud
8 2 (1.68%) Mainframe
8 2 (1.68%) Social Media
9 1 (0.84%) Algorithms
9 1 (0.84%) Data Centre
9 1 (0.84%) e-Learning
9 1 (0.84%) Legacy Applications
9 1 (0.84%) Linux Command Line
9 1 (0.84%) Self-Motivation
9 1 (0.84%) User Experience
9 1 (0.84%) Virtual Team
9 1 (0.84%) W3C
Operating Systems
1 10 (8.40%) Windows
2 4 (3.36%) Linux
3 3 (2.52%) Unix
3 3 (2.52%) Windows 10
4 2 (1.68%) Red Hat Enterprise Linux
4 2 (1.68%) Windows Server
5 1 (0.84%) Windows Server 2012
5 1 (0.84%) Windows Server 2016
5 1 (0.84%) Windows Server 2019
Processes & Methodologies
1 27 (22.69%) Agile Software Development
2 22 (18.49%) Migration
3 15 (12.61%) Information Security
4 14 (11.76%) Analytics
4 14 (11.76%) Cybersecurity
5 13 (10.92%) Risk Management
6 11 (9.24%) Electronic Trading
6 11 (9.24%) Fintech
7 10 (8.40%) Change Control
7 10 (8.40%) Project Management
8 9 (7.56%) Data Migration
9 8 (6.72%) Business Intelligence
9 8 (6.72%) Continuous Improvement
9 8 (6.72%) Cost Optimisation
9 8 (6.72%) Stakeholder Management
10 7 (5.88%) CRM
10 7 (5.88%) Data Protection
10 7 (5.88%) Problem-Solving
11 6 (5.04%) Decision-Making
11 6 (5.04%) Economics
Programming Languages
1 14 (11.76%) Java
2 9 (7.56%) SQL
3 5 (4.20%) Python
4 4 (3.36%) C#
5 3 (2.52%) JavaScript
5 3 (2.52%) Perl
5 3 (2.52%) PowerShell
6 2 (1.68%) C
6 2 (1.68%) PHP
6 2 (1.68%) R
7 1 (0.84%) ABAP
7 1 (0.84%) Bash Shell
7 1 (0.84%) BeanShell
7 1 (0.84%) Bourne shell
7 1 (0.84%) Korn
7 1 (0.84%) Ruby
7 1 (0.84%) TypeScript
7 1 (0.84%) VBA
Qualifications
1 6 (5.04%) Security Cleared
2 5 (4.20%) Degree
3 4 (3.36%) SC Cleared
4 1 (0.84%) CCNP
4 1 (0.84%) CFA
4 1 (0.84%) Cisco Certification
4 1 (0.84%) CISM
4 1 (0.84%) CISSP
4 1 (0.84%) DV Cleared
4 1 (0.84%) ISO 27001 Lead Auditor
4 1 (0.84%) ISO 27001 Lead Implementer
4 1 (0.84%) PRINCE2 Certification
4 1 (0.84%) Tableau Certification
4 1 (0.84%) VCP6
4 1 (0.84%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 13 (10.92%) ISO/IEC 27001
2 10 (8.40%) GDPR
3 8 (6.72%) QA
4 4 (3.36%) Data Quality
5 2 (1.68%) COBIT
5 2 (1.68%) NIST
5 2 (1.68%) PCI DSS
5 2 (1.68%) Sarbanes-Oxley
6 1 (0.84%) Accessibility
6 1 (0.84%) GMP
6 1 (0.84%) IFRS
6 1 (0.84%) NCSC
6 1 (0.84%) PMO
6 1 (0.84%) SLA
6 1 (0.84%) WCAG
System Software
1 16 (13.45%) Active Directory
2 10 (8.40%) Hyper-V
2 10 (8.40%) VMware Infrastructure
3 4 (3.36%) Virtual Desktop
4 3 (2.52%) Docker
4 3 (2.52%) Virtual Machines
5 1 (0.84%) RACF
5 1 (0.84%) Terminal Services
5 1 (0.84%) VMware NSX
5 1 (0.84%) XenApp
5 1 (0.84%) XenDesktop
Systems Management
1 12 (10.08%) Microsoft Intune
2 8 (6.72%) Kubernetes
3 4 (3.36%) Ansible
4 3 (2.52%) SCCM
4 3 (2.52%) Terraform
5 1 (0.84%) Active Directory Federation Services
5 1 (0.84%) Mesos
5 1 (0.84%) Network Intrusion Detection System
5 1 (0.84%) Packer
5 1 (0.84%) Single Sign-On
Vendors
1 22 (18.49%) Microsoft
2 12 (10.08%) VMware
3 7 (5.88%) Oracle
4 5 (4.20%) ServiceNow
5 4 (3.36%) Salesforce.com
6 3 (2.52%) Workday
7 2 (1.68%) Cisco
7 2 (1.68%) Citrix
7 2 (1.68%) Hyperion
7 2 (1.68%) Infoblox
7 2 (1.68%) PeopleSoft
7 2 (1.68%) Red Hat
7 2 (1.68%) SAP
8 1 (0.84%) Adobe
8 1 (0.84%) Google
8 1 (0.84%) ION Trading
8 1 (0.84%) Kofax
8 1 (0.84%) OpenText
8 1 (0.84%) Pardot
8 1 (0.84%) Splunk