The median contractor rate for a IT Security Manager was £400 per day in advertised job vacancies in the City of London during the 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
IT Security Manager
London / City of London
Rank 153 154 181
Rank change year-on-year +1 +27  
Contract jobs requiring an IT Security Manager 1 4 14
As % of all contract IT jobs advertised in the City of London 0.033% 0.12% 0.27%
As % of the Job Titles category 0.035% 0.13% 0.29%
Number of daily rates quoted 1 1 10
Median daily rate £400 £575 £475
Median daily rate % change year-on-year -30.43% +21.05%  
UK excluding London median daily rate £450 £463 £400
% change year-on-year -2.70% +15.62%  
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 2852 3174 4901
As % of all contract IT job vacancies advertised in the City of London 95.26% 95.40% 96.10%
Number of daily rates quoted 2214 2527 3692
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 £313 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 32 47 77
Median hourly rate £19.00 £20.00 £18.24
Median hourly rate % change year-on-year -4.97% +9.62%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £45.40 £27.13
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

IT Security Manager
Job Vacancy Trend in the City of London

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

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

IT Security Manager
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 Security Manager in the City of London.

Contractor daily rate trend for IT Security Manager in the City of London

IT Security Manager Skill Set
Top 20 Related IT Skills in the City of London

For the 6 months to 26 March 2017, IT Security Manager 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 Security Manager in the job title.

1 1 (50.00%) ISO/IEC 27001
1 1 (50.00%) SCCM
1 1 (50.00%) Network Security
1 1 (50.00%) SIEM
1 1 (50.00%) Change Control
1 1 (50.00%) Vulnerability Management
1 1 (50.00%) Cybersecurity
1 1 (50.00%) Security Operations
1 1 (50.00%) Security Operations Centre
1 1 (50.00%) Compliance Management
1 1 (50.00%) Remediation Plan
1 1 (50.00%) Cyber Essentials
1 1 (50.00%) CISM
1 1 (50.00%) Firewall
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Information Security
1 1 (50.00%) Blue Coat
1 1 (50.00%) CEH
1 1 (50.00%) Cisco
1 1 (50.00%) CISSP

IT Security Manager Skill Set
Top Related 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:

Communications & Networking
1 1 (50.00%) Firewall
1 1 (50.00%) Network Security
Miscellaneous
1 1 (50.00%) Security Operations Centre
Processes & Methodologies
1 1 (50.00%) Change Control
1 1 (50.00%) Compliance Management
1 1 (50.00%) Cybersecurity
1 1 (50.00%) Information Security
1 1 (50.00%) Remediation Plan
1 1 (50.00%) Security Operations
1 1 (50.00%) SIEM
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Vulnerability Management
Qualifications
1 1 (50.00%) CEH
1 1 (50.00%) CISM
1 1 (50.00%) CISSP
Quality Assurance & Compliance
1 1 (50.00%) Cyber Essentials
1 1 (50.00%) ISO/IEC 27001
Systems Management
1 1 (50.00%) SCCM
Vendors
1 1 (50.00%) Blue Coat
1 1 (50.00%) Cisco