Period
to 22 November 2017

The median contractor rate for an IT Consultant was £425 per day in advertised job vacancies in the City of London during the 6 months to 22 November 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.

IT Consultant
Central London > City of London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 239 231 255
Rank change year-on-year -8 +24 +33
Contract jobs requiring an IT Consultant 18 13 16
As % of all contract IT jobs advertised in the City of London 0.25% 0.19% 0.18%
As % of the Job Titles category 0.27% 0.20% 0.19%
Number of daily rates quoted 14 11 9
City of London median daily rate £425 £575 £475
Median daily rate % change year-on-year -26.09% +21.05% -7.77%
10th Percentile £316 £406 £338
90th Percentile £721 £669 £875
Central London median daily rate £425 £575 £475
% change year-on-year -26.09% +21.05% -1.50%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 6765 6392 8566
% of contract IT jobs with a recognized job title 94.51% 95.45% 95.33%
Number of daily rates quoted 5343 5073 6726
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £688 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 93 78 124
City of London median hourly rate £17.00 £17.38 £18.25
Median hourly rate % change year-on-year -2.16% -4.79% +4.29%
10th Percentile £11.25 £11.50 £10.15
90th Percentile £29.40 £48.12 £39.63
Central London median hourly rate £18.10 £17.17 £18.00
% change year-on-year +5.45% -4.64% +5.88%

IT Consultant
Job Vacancy Trend in the City of London

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

Job vacancy trend for IT Consultant in the City of London

IT Consultant
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing IT Consultant in the City of London.

Contractor daily rate trend for IT Consultant in the City of London

IT Consultant
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing IT Consultant in the City of London over the 6 months to 22 November 2017.

Contractor daily rate histogram for IT Consultant in the City of London

IT Consultant
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing IT Consultant in the City of London.

Contractor hourly rate trend for IT Consultant in the City of London

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

For the 6 months to 22 November 2017, IT Consultant 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 City of London region featuring IT Consultant in the job title.

1 5 (27.78%) SIEM
1 5 (27.78%) Finance
1 5 (27.78%) Migration
1 5 (27.78%) ITIL
1 5 (27.78%) Project Management
1 5 (27.78%) Cybersecurity
1 5 (27.78%) Security Operations
2 4 (22.22%) Identity Access Management
2 4 (22.22%) Multi-Factor Authentication
2 4 (22.22%) Service Management
2 4 (22.22%) Information Security
2 4 (22.22%) PKI
3 3 (16.67%) Ethical Hacking
3 3 (16.67%) ISO/IEC 20000
3 3 (16.67%) PowerShell
3 3 (16.67%) CISA
3 3 (16.67%) CISM
3 3 (16.67%) CISSP
3 3 (16.67%) ITIL Certification
3 3 (16.67%) Shell Script
4 2 (11.11%) Microsoft
4 2 (11.11%) Scrum
4 2 (11.11%) Change Management
4 2 (11.11%) Degree
4 2 (11.11%) Portfolio Management
4 2 (11.11%) Agile Software Development
4 2 (11.11%) Incident Management
4 2 (11.11%) SDLC
5 1 (5.56%) Cyber Assurance
5 1 (5.56%) Service Delivery Management

IT 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:

Applications
1 1 (5.56%) Microsoft Excel
1 1 (5.56%) Microsoft PowerPoint
1 1 (5.56%) MS Visio
Communications & Networking
1 1 (5.56%) Firewall
1 1 (5.56%) Intrusion Detection
General
1 5 (27.78%) Finance
2 1 (5.56%) Back Office
2 1 (5.56%) Banking
2 1 (5.56%) Front Office
2 1 (5.56%) Investment Banking
Miscellaneous
1 4 (22.22%) PKI
2 1 (5.56%) Analytical Skills
2 1 (5.56%) Derivative
2 1 (5.56%) OTC Derivatives
2 1 (5.56%) Security Operations Centre
Operating Systems
1 1 (5.56%) Linux
1 1 (5.56%) Unix
1 1 (5.56%) Windows
1 1 (5.56%) Windows Server
Processes & Methodologies
1 5 (27.78%) Cybersecurity
1 5 (27.78%) ITIL
1 5 (27.78%) Migration
1 5 (27.78%) Project Management
1 5 (27.78%) Security Operations
1 5 (27.78%) SIEM
2 4 (22.22%) Identity Access Management
2 4 (22.22%) Information Security
2 4 (22.22%) Multi-Factor Authentication
2 4 (22.22%) Service Management
3 3 (16.67%) Ethical Hacking
4 2 (11.11%) Agile Software Development
4 2 (11.11%) Change Management
4 2 (11.11%) Incident Management
4 2 (11.11%) Portfolio Management
4 2 (11.11%) Scrum
4 2 (11.11%) SDLC
5 1 (5.56%) Coaching
5 1 (5.56%) Dependency Management
5 1 (5.56%) Process Improvement
Programming Languages
1 3 (16.67%) PowerShell
1 3 (16.67%) Shell Script
Qualifications
1 3 (16.67%) CISA
1 3 (16.67%) CISM
1 3 (16.67%) CISSP
1 3 (16.67%) ITIL Certification
2 2 (11.11%) Degree
Quality Assurance & Compliance
1 3 (16.67%) ISO/IEC 20000
2 1 (5.56%) COBIT
2 1 (5.56%) ISO/IEC 27001
2 1 (5.56%) QA
Vendors
1 2 (11.11%) Microsoft
2 1 (5.56%) ArcSight
2 1 (5.56%) Charles River
2 1 (5.56%) Cisco
2 1 (5.56%) Murex
2 1 (5.56%) Splunk