Period
to 31 May 2020

The median contractor rate for a Network Security Engineer was £625 per day in advertised job vacancies in the City of London during the 6 months to 31 May 2020.

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.

Network Security Engineer
Central London > City of London
6 months to
31 May 2020
Same period 2019 Same period 2018
Rank 150 227 251
Rank change year-on-year +77 +24 -29
Contract jobs requiring a Network Security Engineer 4 12 5
As % of all contract jobs advertised in the City of London 0.13% 0.19% 0.072%
As % of the Job Titles category 0.14% 0.20% 0.076%
Number of daily rates quoted 4 4 4
Median daily rate £625 £475 £444
Median daily rate % change year-on-year +31.58% +7.04% -1.39%
10th Percentile £470 £428 £418
90th Percentile £700 £584 £638
Central London median daily rate £625 £475 £444
% change year-on-year +31.58% +7.04% -1.39%
Number of hourly rates quoted 0 0 0
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 2,862 6,068 6,559
% of contract IT jobs with a recognized job title 93.62% 93.70% 94.76%
Number of daily rates quoted 2,060 4,678 5,170
Median daily rate £500 £525 £500
Median daily rate % change year-on-year -4.76% +5.00% +5.26%
10th Percentile £300 £318 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £513 £500
% change year-on-year -2.44% +2.50% +5.26%
Number of hourly rates quoted 64 66 111
Median hourly rate £29.88 £20.82 £18.70
Median hourly rate % change year-on-year +43.47% +11.35% +10.28%
10th Percentile £12.50 £11.25 £12.00
90th Percentile £52.25 £56.50 £33.75
Median hourly rate £32.53 £20.25 £19.00
% change year-on-year +60.62% +6.58% +15.45%

Network Security Engineer
Job Vacancy Trend in the City of London

Job postings that featured Network Security Engineer in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Network Security Engineer in the City of London

Network Security Engineer
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Network Security Engineer in the City of London.

Daily rate trend for Network Security Engineer in the City of London

Network Security Engineer
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Network Security Engineer in the City of London over the 6 months to 31 May 2020.

Daily rate histogram for Network Security Engineer in the City of London

Network Security Engineer
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Network Security Engineer in the City of London.

Hourly rate trend for Network Security Engineer in the City of London

Network Security Engineer Skill Set
Top 26 Co-occurring IT Skills in the City of London

For the 6 months to 31 May 2020, Network Security Engineer 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 Network Security Engineer in the job title.

1 4 (100.00%) Firewall
2 3 (75.00%) Finance
3 2 (50.00%) Velocity
3 2 (50.00%) Network Security
3 2 (50.00%) Cybersecurity
3 2 (50.00%) VPN
4 1 (25.00%) DNS
4 1 (25.00%) Cisco
4 1 (25.00%) CCSP
4 1 (25.00%) CCNP
4 1 (25.00%) Cisco Certification
4 1 (25.00%) 3G
4 1 (25.00%) MPLS
4 1 (25.00%) OSPF
4 1 (25.00%) BGP
4 1 (25.00%) UMTS
4 1 (25.00%) Identity Access Management
4 1 (25.00%) Network Virtualisation
4 1 (25.00%) Data Centre
4 1 (25.00%) Palo Alto
4 1 (25.00%) Software-Defined Networking
4 1 (25.00%) Low Latency
4 1 (25.00%) 4G
4 1 (25.00%) Cisco Nexus
4 1 (25.00%) Cisco ASA
4 1 (25.00%) VLAN

Network Security Engineer 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:

Communications & Networking
1 4 (100.00%) Firewall
2 2 (50.00%) Network Security
2 2 (50.00%) VPN
3 1 (25.00%) 3G
3 1 (25.00%) 4G
3 1 (25.00%) BGP
3 1 (25.00%) Cisco ASA
3 1 (25.00%) Cisco Nexus
3 1 (25.00%) DNS
3 1 (25.00%) MPLS
3 1 (25.00%) OSPF
3 1 (25.00%) Software-Defined Networking
3 1 (25.00%) UMTS
3 1 (25.00%) VLAN
General
1 3 (75.00%) Finance
Libraries, Frameworks & Software Standards
1 2 (50.00%) Velocity
Miscellaneous
1 1 (25.00%) Data Centre
Processes & Methodologies
1 2 (50.00%) Cybersecurity
2 1 (25.00%) Identity Access Management
2 1 (25.00%) Low Latency
2 1 (25.00%) Network Virtualisation
Qualifications
1 1 (25.00%) CCNP
1 1 (25.00%) CCSP
1 1 (25.00%) Cisco Certification
Vendors
1 1 (25.00%) Cisco
1 1 (25.00%) Palo Alto