Period
to 23 October 2021

The median contractor rate for an IT Project Manager was £550 per day in advertised job vacancies in the City of London during the 6 months to 23 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.

IT Project Manager
Central London > City of London
6 months to
23 Oct 2021
Same period 2020 Same period 2019
Rank 150 112 212
Rank change year-on-year -38 +100 -7
Contract jobs requiring an IT Project Manager 28 9 17
As % of all contract jobs advertised in the City of London 0.73% 0.50% 0.29%
As % of the Job Titles category 0.78% 0.54% 0.30%
Number of daily rates quoted 24 6 9
10th Percentile £413 £509 £495
25th Percentile £481 £512 £513
Median daily rate (50th Percentile) £550 £525 £575
Median % change year-on-year +4.76% -8.70% +9.52%
75th Percentile £606 £547 £588
90th Percentile £646 £550 "
Central London median daily rate £550 £525 £525
% change year-on-year +4.76% - +5.00%

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 3,585 1,656 5,576
% of contract IT jobs with a recognized job title 92.85% 91.80% 93.82%
Number of daily rates quoted 2,716 1,257 4,433
10th Percentile £350 £306 £313
25th Percentile £460 £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 £748 £675 £675
Central London median daily rate £550 £513 £500
% change year-on-year +7.32% +2.50% -
Number of hourly rates quoted 37 25 70
10th Percentile £13.88 £15.50 £11.70
25th Percentile £21.00 £20.00 £13.31
Median hourly rate £28.50 £35.50 £19.41
Median % change year-on-year -19.72% +82.87% +3.81%
75th Percentile £37.75 £46.00 £23.69
90th Percentile £62.15 £47.75 £49.15
Central London median hourly rate £32.00 £29.89 £20.25
% change year-on-year +7.06% +47.60% +8.29%

IT Project Manager
Job Vacancy Trend in the City of London

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

Job vacancy trend for IT Project Manager in the City of London

IT Project Manager
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for IT Project Manager in the City of London

IT Project Manager
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing IT Project Manager in the City of London over the 6 months to 23 October 2021.

Daily rate histogram for IT Project Manager in the City of London

IT Project Manager
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for IT Project Manager in the City of London

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

For the 6 months to 23 October 2021, IT Project Manager 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 IT Project Manager in the job title.

1 17 (60.71%) Finance
2 14 (50.00%) Project Management
3 10 (35.71%) Agile Software Development
4 9 (32.14%) Stakeholder Management
4 9 (32.14%) Social Skills
5 8 (28.57%) PRINCE2
6 7 (25.00%) Change Management
7 6 (21.43%) Banking
8 5 (17.86%) PMI Certification
9 4 (14.29%) Microsoft Project
9 4 (14.29%) Migration
9 4 (14.29%) Financial Analysis
9 4 (14.29%) Risk Management
9 4 (14.29%) Project Delivery
10 3 (10.71%) Matrix Organization
10 3 (10.71%) Presentation Skills
10 3 (10.71%) Business Transformation
10 3 (10.71%) SDLC
10 3 (10.71%) Scrum
10 3 (10.71%) Financial Institution
10 3 (10.71%) Microsoft
10 3 (10.71%) PMI
10 3 (10.71%) Asset Management
10 3 (10.71%) Business Analysis
10 3 (10.71%) JIRA
10 3 (10.71%) Time Management
11 2 (7.14%) Resource Management
11 2 (7.14%) Wealth Management
11 2 (7.14%) Credit Risk
11 2 (7.14%) Data Analysis

IT Project Manager 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 4 (14.29%) Microsoft Project
2 2 (7.14%) Microsoft Office
3 1 (3.57%) Microsoft Excel
3 1 (3.57%) MS Visio
Cloud Services
1 1 (3.57%) Microsoft 365
1 1 (3.57%) SaaS
Communications & Networking
1 2 (7.14%) Firewall
1 2 (7.14%) SD-WAN
1 2 (7.14%) Unified Communications
1 2 (7.14%) WAN
1 2 (7.14%) Wi-Fi
Database & Business Intelligence
1 2 (7.14%) Data Warehouse
Development Applications
1 3 (10.71%) JIRA
General
1 17 (60.71%) Finance
2 9 (32.14%) Social Skills
3 6 (21.43%) Banking
4 3 (10.71%) Financial Institution
4 3 (10.71%) Presentation Skills
5 2 (7.14%) Organisational Skills
6 1 (3.57%) Back Office
6 1 (3.57%) Influencing Skills
6 1 (3.57%) Public Sector
Miscellaneous
1 3 (10.71%) PMI
2 2 (7.14%) Credit Risk
2 2 (7.14%) Data Centre
2 2 (7.14%) Enterprise Cloud
3 1 (3.57%) Legacy Applications
3 1 (3.57%) LIMS
Operating Systems
1 1 (3.57%) Windows
1 1 (3.57%) Windows Server
Processes & Methodologies
1 14 (50.00%) Project Management
2 10 (35.71%) Agile Software Development
3 9 (32.14%) Stakeholder Management
4 8 (28.57%) PRINCE2
5 7 (25.00%) Change Management
6 4 (14.29%) Financial Analysis
6 4 (14.29%) Migration
6 4 (14.29%) Project Delivery
6 4 (14.29%) Risk Management
7 3 (10.71%) Asset Management
7 3 (10.71%) Business Analysis
7 3 (10.71%) Business Transformation
7 3 (10.71%) Matrix Organization
7 3 (10.71%) Scrum
7 3 (10.71%) SDLC
7 3 (10.71%) Time Management
8 2 (7.14%) Business Intelligence
8 2 (7.14%) Project Planning
8 2 (7.14%) Sprint Retrospective
8 2 (7.14%) Workshop Facilitation
Qualifications
1 5 (17.86%) PMI Certification
2 2 (7.14%) Degree
2 2 (7.14%) PMP
2 2 (7.14%) PRINCE2 Certification
3 1 (3.57%) ITIL Certification
Quality Assurance & Compliance
1 2 (7.14%) GRC
System Software
1 1 (3.57%) Virtual Servers
Vendors
1 3 (10.71%) Microsoft
2 2 (7.14%) CA Agile Central
2 2 (7.14%) ServiceNow