Period
to 20 November 2017

The median contractor rate for a Procurement Manager was £500 per day in advertised job vacancies in the City of London during the 6 months to 20 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.

Procurement Manager
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 245 246 265
Rank change year-on-year +1 +19 +27
Contract jobs requiring a Procurement Manager 1 2 7
As % of all contract IT jobs advertised in the City of London 0.014% 0.030% 0.077%
As % of the Job Titles category 0.015% 0.032% 0.080%
Number of daily rates quoted 1 2 5
City of London median daily rate £500 £350 £375
Median daily rate % change year-on-year +42.86% -6.67% -17.99%
Central London median daily rate £463 £375 £375
% change year-on-year +23.33% - -14.68%
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 6700 6297 8710
% of contract IT jobs with a recognized job title 94.53% 95.48% 95.27%
Number of daily rates quoted 5290 5007 6838
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 £678 £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 94 77 127
City of London median hourly rate £17.00 £17.50 £19.00
Median hourly rate % change year-on-year -2.86% -7.89% +8.57%
10th Percentile £11.25 £11.50 £10.30
90th Percentile £29.29 £48.40 £39.25
Central London median hourly rate £18.10 £17.21 £18.00
% change year-on-year +5.19% -4.40% +7.46%

Procurement Manager
Job Vacancy Trend in the City of London

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

Job vacancy trend for Procurement Manager in the City of London

Procurement 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 Procurement Manager in the City of London.

Contractor daily rate trend for Procurement Manager in the City of London

Procurement Manager Skill Set
Top 10 Co-occurring IT Skills in the City of London

For the 6 months to 20 November 2017, Procurement 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 Procurement Manager in the job title.

1 1 (100.00%) GAP Analysis
1 1 (100.00%) Management Information System
1 1 (100.00%) Finance
1 1 (100.00%) Legal
1 1 (100.00%) Information Security
1 1 (100.00%) Banking
1 1 (100.00%) Supplier Management
1 1 (100.00%) Risk Analysis
1 1 (100.00%) Performance Improvement
1 1 (100.00%) Software Licensing

Procurement 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:

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Legal
Miscellaneous
1 1 (100.00%) Management Information System
Processes & Methodologies
1 1 (100.00%) GAP Analysis
1 1 (100.00%) Information Security
1 1 (100.00%) Performance Improvement
1 1 (100.00%) Risk Analysis
1 1 (100.00%) Software Licensing
1 1 (100.00%) Supplier Management