The median contractor rate for a IT Director was - per day in advertised job vacancies in the City of London during the 3 months to 26 April 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 Director
London / City of London
3 months to
26 Apr 2017
Same period 2016 Same period 2015
Rank - 157 197
Contract jobs requiring an IT Director 0 1 2
As % of all contract IT jobs advertised in the City of London - 0.029% 0.037%
As % of the Job Titles category - 0.030% 0.039%
Number of daily rates quoted 0 1 2
Median daily rate - £800 £763
Median daily rate % change year-on-year - +4.91%  
UK excluding London median daily rate £688 £675 £663
% change year-on-year +1.85% +1.88%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. 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
City of London
Contract job vacancies with a job title containing a recognized job role 3051 3295 5170
As % of all contract IT job vacancies advertised in the City of London 95.25% 94.87% 95.49%
Number of daily rates quoted 2319 2671 3896
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £320 £313 £275
10% offered a daily rate of more than £638 £625 £600
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.66%  
Number of hourly rates quoted 36 45 74
Median hourly rate £20.50 £20.00 £18.50
Median hourly rate % change year-on-year +2.50% +8.10%  
90% offered a hourly rate of more than £13.50 £12.35 £12.50
10% offered a hourly rate of more than £29.38 £43.57 £34.23
UK excluding London median hourly rate £17.50 £17.50 £16.72
% change year-on-year - +4.66%  

IT Director
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured IT Director in the job title.

Job vacancy trend for IT Director in the City of London

IT Director
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 Director in the City of London.

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