Period
to 18 May 2021

The median contractor rate for a Project Manager was £550 per day in advertised job vacancies in the City of London during the 6 months to 18 May 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.

Project Manager
Central London > City of London
6 months to
18 May 2021
Same period 2020 Same period 2019
Rank 29 36 39
Rank change year-on-year +7 +3 -3
Contract jobs requiring a Project Manager 176 169 347
As % of all contract jobs advertised in the City of London 6.34% 5.15% 5.33%
As % of the Job Titles category 6.74% 5.50% 5.66%
Number of daily rates quoted 129 110 266
10th Percentile £358 £346 £350
25th Percentile £475 £413 £425
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - -
75th Percentile £650 £600 £588
90th Percentile £713 £650 £638
Central London median daily rate £550 £518 £525
% change year-on-year +6.28% -1.43% +2.94%
Number of hourly rates quoted 1 2 1
10th Percentile " £23.95 "
25th Percentile £26.25 £26.33 £22.48
Median hourly rate £27.50 £30.59 £24.95
Median % change year-on-year -10.11% +22.62% -27.68%
75th Percentile £28.75 £34.78 £27.43
90th Percentile " £37.12 "
Central London median hourly rate £27.50 £30.59 £24.95
% change year-on-year -10.11% +22.62% -27.68%

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 2,611 3,075 6,129
% of contract IT jobs with a recognized job title 94.09% 93.72% 94.15%
Number of daily rates quoted 1,907 2,310 4,749
10th Percentile £325 £300 £313
25th Percentile £425 £413 £423
Median daily rate (50th Percentile) £525 £500 £520
Median % change year-on-year +5.00% -3.85% +4.00%
75th Percentile £625 £600 £600
90th Percentile £700 £675 £675
Central London median daily rate £525 £500 £513
% change year-on-year +5.00% -2.44% +2.50%
Number of hourly rates quoted 29 51 61
10th Percentile £11.90 £12.42 £11.25
25th Percentile £13.63 £14.19 £13.48
Median hourly rate £17.98 £22.74 £19.50
Median % change year-on-year -20.94% +16.59% +4.28%
75th Percentile £27.25 £38.71 £27.43
90th Percentile £38.40 £52.25 £43.01
Central London median hourly rate £17.98 £21.00 £20.00
% change year-on-year -14.40% +5.00% +6.95%

Project Manager
Job Vacancy Trend in the City of London

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

Job vacancy trend for Project Manager in the City of London

Project Manager
Contractor Daily Rate Trend in the City of London

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

Daily rate trend for Project Manager in the City of London

Project Manager
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Project Manager in the City of London over the 6 months to 18 May 2021.

Daily rate histogram for Project Manager in the City of London

Project Manager
Contractor Hourly Rate Trend in the City of London

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

Hourly rate trend for Project Manager in the City of London

Project Manager
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Project Manager within the City of London region over the 6 months to 18 May 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London Bridge - 3 £700 -
Project Manager
Central London

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

For the 6 months to 18 May 2021, 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 Project Manager in the job title.

1 86 (48.86%) Project Management
2 79 (44.89%) Agile Software Development
3 71 (40.34%) Finance
4 58 (32.95%) Stakeholder Management
5 53 (30.11%) Social Skills
6 41 (23.30%) Project Delivery
7 35 (19.89%) PRINCE2
8 25 (14.20%) Migration
9 23 (13.07%) Microsoft
9 23 (13.07%) Project Governance
10 22 (12.50%) Scrum
11 21 (11.93%) Banking
11 21 (11.93%) Change Management
11 21 (11.93%) Azure
11 21 (11.93%) Problem-Solving
12 20 (11.36%) Influencing Skills
13 17 (9.66%) ITIL
14 16 (9.09%) Business Analysis
14 16 (9.09%) Requirements Gathering
14 16 (9.09%) Business Case
15 15 (8.52%) Release Management
15 15 (8.52%) Waterfall
15 15 (8.52%) Business Intelligence
15 15 (8.52%) Asset Management
16 14 (7.95%) Microsoft Project
17 13 (7.39%) Microsoft Office
17 13 (7.39%) Programme Management
17 13 (7.39%) Microsoft 365
17 13 (7.39%) QA
18 12 (6.82%) Degree

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:

Application Platforms
1 3 (1.70%) CMS
2 1 (0.57%) Confluence
2 1 (0.57%) SharePoint
Applications
1 14 (7.95%) Microsoft Project
2 13 (7.39%) Microsoft Office
3 5 (2.84%) Microsoft Excel
4 4 (2.27%) Microsoft PowerPoint
5 2 (1.14%) MS Visio
5 2 (1.14%) Spreadsheet
Business Applications
1 1 (0.57%) Global One
1 1 (0.57%) Payment Gateway
1 1 (0.57%) SAP CO
1 1 (0.57%) SAP FI
1 1 (0.57%) SAP FI/CO
1 1 (0.57%) SAP Hybris
1 1 (0.57%) SAP S/4HANA
Cloud Services
1 21 (11.93%) Azure
2 13 (7.39%) Microsoft 365
3 6 (3.41%) IaaS
4 4 (2.27%) AWS
4 4 (2.27%) Cloud Computing
4 4 (2.27%) Power Platform
5 3 (1.70%) GCP
5 3 (1.70%) Salesforce Service Cloud
6 2 (1.14%) Cloud Functions
6 2 (1.14%) Serverless
7 1 (0.57%) Akamai
7 1 (0.57%) PowerApps
7 1 (0.57%) SuccessFactors
7 1 (0.57%) Trello
7 1 (0.57%) Yammer
Communications & Networking
1 9 (5.11%) FTP
1 9 (5.11%) NAS
1 9 (5.11%) SAN
2 6 (3.41%) MPLS
3 3 (1.70%) WebEx
4 2 (1.14%) Intrusion Detection
4 2 (1.14%) IP Telephony
4 2 (1.14%) LAN
4 2 (1.14%) SD-WAN
4 2 (1.14%) WAN
4 2 (1.14%) Wireless
5 1 (0.57%) Broadband
5 1 (0.57%) DNS
5 1 (0.57%) Firewall
5 1 (0.57%) Network Security
5 1 (0.57%) Skype
Database & Business Intelligence
1 9 (5.11%) Data Warehouse
1 9 (5.11%) DB2
2 3 (1.70%) Data Lake
2 3 (1.70%) Power BI
3 2 (1.14%) SAP HANA
Development Applications
1 9 (5.11%) JIRA
2 1 (0.57%) Eclipse
2 1 (0.57%) Visual Studio Team System
General
1 71 (40.34%) Finance
2 53 (30.11%) Social Skills
3 21 (11.93%) Banking
4 20 (11.36%) Influencing Skills
5 8 (4.55%) Front Office
6 7 (3.98%) Presentation Skills
7 6 (3.41%) Investment Banking
7 6 (3.41%) Legal
8 4 (2.27%) Analytical Skills
8 4 (2.27%) Financial Institution
9 3 (1.70%) Back Office
9 3 (1.70%) General Ledger
9 3 (1.70%) Marketing
9 3 (1.70%) Public Sector
9 3 (1.70%) Retail
9 3 (1.70%) Telecoms
10 2 (1.14%) Law
11 1 (0.57%) Advertising
11 1 (0.57%) Billing
11 1 (0.57%) Manufacturing
Libraries, Frameworks & Software Standards
1 9 (5.11%) Middleware
2 1 (0.57%) SailPoint
Miscellaneous
1 10 (5.68%) Tandem
2 9 (5.11%) AS400
2 9 (5.11%) iSeries
2 9 (5.11%) LPAR
2 9 (5.11%) Replication
3 8 (4.55%) PMI
4 4 (2.27%) Derivative
4 4 (2.27%) Enterprise Cloud
4 4 (2.27%) Virtual Team
5 3 (1.70%) Fixed Income
5 3 (1.70%) Management Information System
5 3 (1.70%) NHS
6 2 (1.14%) Credit Risk
6 2 (1.14%) Data Centre
6 2 (1.14%) Fat Client
6 2 (1.14%) Foreign Exchange (FX)
6 2 (1.14%) Self-Motivation
6 2 (1.14%) Thin Client
7 1 (0.57%) Data Structures
7 1 (0.57%) Distributed Denial-of-Service
Operating Systems
1 9 (5.11%) Apple iOS
2 2 (1.14%) Windows
2 2 (1.14%) Windows 10
2 2 (1.14%) Windows 7
Processes & Methodologies
1 86 (48.86%) Project Management
2 79 (44.89%) Agile Software Development
3 58 (32.95%) Stakeholder Management
4 41 (23.30%) Project Delivery
5 35 (19.89%) PRINCE2
6 25 (14.20%) Migration
7 23 (13.07%) Project Governance
8 22 (12.50%) Scrum
9 21 (11.93%) Change Management
9 21 (11.93%) Problem-Solving
10 17 (9.66%) ITIL
11 16 (9.09%) Business Analysis
11 16 (9.09%) Business Case
11 16 (9.09%) Requirements Gathering
12 15 (8.52%) Asset Management
12 15 (8.52%) Business Intelligence
12 15 (8.52%) Release Management
12 15 (8.52%) Waterfall
13 13 (7.39%) Programme Management
14 12 (6.82%) Backlog Management
Programming Languages
1 1 (0.57%) C
1 1 (0.57%) SQL
Qualifications
1 12 (6.82%) Degree
2 8 (4.55%) PMI Certification
2 8 (4.55%) PMP
3 7 (3.98%) SC Cleared
3 7 (3.98%) Security Cleared
4 3 (1.70%) PRINCE2 Practitioner
5 2 (1.14%) ACCA
6 1 (0.57%) CFA
Quality Assurance & Compliance
1 13 (7.39%) QA
2 11 (6.25%) PMO
3 4 (2.27%) COBIT
3 4 (2.27%) ISO/IEC 27001
4 2 (1.14%) IFRS
5 1 (0.57%) AIFMD
5 1 (0.57%) Data Quality
5 1 (0.57%) GRC
5 1 (0.57%) MiFID
5 1 (0.57%) Sarbanes-Oxley
5 1 (0.57%) Solvency II
5 1 (0.57%) UCITS
System Software
1 9 (5.11%) PowerHA
2 3 (1.70%) Active Directory
Systems Management
1 1 (0.57%) SCCM
Vendors
1 23 (13.07%) Microsoft
2 10 (5.68%) Salesforce.com
3 9 (5.11%) IBM
3 9 (5.11%) SAP
4 4 (2.27%) Citrix
4 4 (2.27%) Oracle
5 3 (1.70%) Google
6 1 (0.57%) Bloomberg
6 1 (0.57%) CA Agile Central
6 1 (0.57%) Calypso
6 1 (0.57%) Cisco
6 1 (0.57%) Guidewire
6 1 (0.57%) hybris
6 1 (0.57%) Northgate
6 1 (0.57%) Qualtrics
6 1 (0.57%) Veritas
6 1 (0.57%) Workday