Period
to 8 August 2020

The median contractor rate for a Project Manager was £525 per day in advertised job vacancies in the City of London during the 6 months to 8 August 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.

Project Manager
Central London > City of London
6 months to
8 Aug 2020
Same period 2019 Same period 2018
Rank 48 35 39
Rank change year-on-year -13 +4 -8
Contract jobs requiring a Project Manager 98 343 372
As % of all contract jobs advertised in the City of London 4.40% 5.28% 5.35%
As % of the Job Titles category 4.72% 5.62% 5.63%
Number of daily rates quoted 67 264 301
Median daily rate £525 £525 £525
10th Percentile £344 £350 £355
90th Percentile £649 £645 £688
Central London median daily rate £525 £500 £510
% change year-on-year +5.00% -1.96% +2.00%
Number of hourly rates quoted 4 1 0
Median hourly rate £36.73 £35.00 -
Median hourly rate % change year-on-year +4.93% - -
Central London median hourly rate £36.73 £35.00 -
% change year-on-year +4.93% - -

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 2,075 6,101 6,607
% of contract IT jobs with a recognized job title 93.13% 93.92% 94.97%
Number of daily rates quoted 1,455 4,764 5,186
Median daily rate £513 £520 £500
Median daily rate % change year-on-year -1.44% +4.00% -
10th Percentile £313 £325 £313
90th Percentile £675 £675 £688
Central London median daily rate £500 £513 £500
% change year-on-year -2.44% +2.50% +2.04%
Number of hourly rates quoted 44 77 126
Median hourly rate £35.00 £21.00 £18.70
Median hourly rate % change year-on-year +66.67% +12.30% +5.23%
10th Percentile £13.28 £11.25 £13.24
90th Percentile £51.08 £57.90 £30.00
Median hourly rate £35.00 £21.00 £18.70
% change year-on-year +66.67% +12.30% +5.23%

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 8 August 2020.

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

For the 6 months to 8 August 2020, 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 52 (53.06%) Project Management
2 32 (32.65%) Stakeholder Management
3 31 (31.63%) Agile Software Development
4 30 (30.61%) Finance
5 21 (21.43%) PRINCE2
6 16 (16.33%) Project Delivery
7 15 (15.31%) Banking
8 12 (12.24%) Migration
9 10 (10.20%) Microsoft
9 10 (10.20%) Business Analysis
10 9 (9.18%) Change Management
11 8 (8.16%) Waterfall
11 8 (8.16%) Problem-Solving
12 7 (7.14%) Stakeholder Engagement
13 6 (6.12%) Front Office
13 6 (6.12%) PRINCE2 Certification
13 6 (6.12%) Public Sector
13 6 (6.12%) Workshop Facilitation
13 6 (6.12%) Requirements Gathering
14 5 (5.10%) Microsoft Project
14 5 (5.10%) ITIL
14 5 (5.10%) Risk Management
14 5 (5.10%) Programme Management
14 5 (5.10%) Scrum
14 5 (5.10%) Local Government
14 5 (5.10%) Azure
14 5 (5.10%) PRINCE2 Practitioner
15 4 (4.08%) Release Management
15 4 (4.08%) Degree
15 4 (4.08%) Business Transformation

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 (3.06%) SharePoint
2 2 (2.04%) CMS
3 1 (1.02%) Confluence
3 1 (1.02%) LiveLink
Applications
1 5 (5.10%) Microsoft Project
2 3 (3.06%) Microsoft Excel
3 2 (2.04%) Microsoft PowerPoint
4 1 (1.02%) Microsoft Office
4 1 (1.02%) Open Workbench
Business Applications
1 1 (1.02%) Dynamics CRM
1 1 (1.02%) Dynamics NAV
1 1 (1.02%) Markit EDM
1 1 (1.02%) OpenLink RightAngle
1 1 (1.02%) Oracle EBS R12
1 1 (1.02%) SAP HR
1 1 (1.02%) thinkFolio
Cloud Services
1 5 (5.10%) Azure
2 2 (2.04%) AWS
2 2 (2.04%) Office 365
2 2 (2.04%) OneDrive
3 1 (1.02%) IaaS
3 1 (1.02%) PaaS
3 1 (1.02%) SaaS
Communications & Networking
1 4 (4.08%) WAN
2 2 (2.04%) LAN
3 1 (1.02%) Intrusion Detection
3 1 (1.02%) IP Telephony
3 1 (1.02%) MPLS
3 1 (1.02%) Network Security
3 1 (1.02%) Structured Cabling
3 1 (1.02%) Wi-Fi
3 1 (1.02%) WLAN
Database & Business Intelligence
1 2 (2.04%) Oracle Reports
2 1 (1.02%) Big Data
2 1 (1.02%) Data Warehouse
2 1 (1.02%) Electronic Patient Records
2 1 (1.02%) Snowflake Schema
2 1 (1.02%) SQL Server
Development Applications
1 2 (2.04%) JIRA
General
1 30 (30.61%) Finance
2 15 (15.31%) Banking
3 6 (6.12%) Front Office
3 6 (6.12%) Public Sector
4 5 (5.10%) Local Government
5 4 (4.08%) Law
5 4 (4.08%) Marketing
6 3 (3.06%) Advertising
6 3 (3.06%) Investment Banking
6 3 (3.06%) Legal
7 2 (2.04%) Back Office
7 2 (2.04%) Telecoms
8 1 (1.02%) Digital Economy
8 1 (1.02%) Financial Institution
8 1 (1.02%) International Banking
8 1 (1.02%) Manufacturing
8 1 (1.02%) Police
8 1 (1.02%) Retail
8 1 (1.02%) Retail Banking
Libraries, Frameworks & Software Standards
1 1 (1.02%) .NET
Miscellaneous
1 4 (4.08%) Analytical Skills
1 4 (4.08%) Enterprise Software
2 3 (3.06%) Data Centre
2 3 (3.06%) Fixed Income
2 3 (3.06%) NHS
2 3 (3.06%) User Experience
2 3 (3.06%) Virtual Team
3 2 (2.04%) Foreign Exchange (FX)
3 2 (2.04%) Management Information System
3 2 (2.04%) Mobile App
3 2 (2.04%) Reinsurance
4 1 (1.02%) Algorithms
4 1 (1.02%) CCTV
4 1 (1.02%) CMDB
4 1 (1.02%) Equities
4 1 (1.02%) Hybrid Cloud
4 1 (1.02%) PMI
4 1 (1.02%) Social Media
4 1 (1.02%) Social Network
Operating Systems
1 4 (4.08%) Windows
1 4 (4.08%) Windows 10
2 1 (1.02%) Windows 7
Processes & Methodologies
1 52 (53.06%) Project Management
2 32 (32.65%) Stakeholder Management
3 31 (31.63%) Agile Software Development
4 21 (21.43%) PRINCE2
5 16 (16.33%) Project Delivery
6 12 (12.24%) Migration
7 10 (10.20%) Business Analysis
8 9 (9.18%) Change Management
9 8 (8.16%) Problem-Solving
9 8 (8.16%) Waterfall
10 7 (7.14%) Stakeholder Engagement
11 6 (6.12%) Requirements Gathering
11 6 (6.12%) Workshop Facilitation
12 5 (5.10%) ITIL
12 5 (5.10%) Programme Management
12 5 (5.10%) Risk Management
12 5 (5.10%) Scrum
13 4 (4.08%) Asset Management
13 4 (4.08%) Business Transformation
13 4 (4.08%) Release Management
Programming Languages
1 2 (2.04%) C
2 1 (1.02%) C#
2 1 (1.02%) Python
Qualifications
1 6 (6.12%) PRINCE2 Certification
2 5 (5.10%) PRINCE2 Practitioner
3 4 (4.08%) Degree
3 4 (4.08%) PMP
4 2 (2.04%) ITIL Certification
4 2 (2.04%) PMI Certification
4 2 (2.04%) Security Cleared
5 1 (1.02%) ACCA
5 1 (1.02%) CIMA
5 1 (1.02%) DV Cleared
5 1 (1.02%) Master's Degree
5 1 (1.02%) MBA
5 1 (1.02%) SC Cleared
Quality Assurance & Compliance
1 4 (4.08%) GDPR
1 4 (4.08%) PMO
2 2 (2.04%) QA
3 1 (1.02%) COBIT
3 1 (1.02%) COREP
3 1 (1.02%) FINREP
3 1 (1.02%) ISO/IEC 27001
3 1 (1.02%) MiFID
3 1 (1.02%) PCI DSS
3 1 (1.02%) PSD2
System Software
1 1 (1.02%) Active Directory
1 1 (1.02%) Virtual Machines
Systems Management
1 1 (1.02%) CASB
Vendors
1 10 (10.20%) Microsoft
2 3 (3.06%) Oracle
2 3 (3.06%) SAP
3 2 (2.04%) Northgate
4 1 (1.02%) Atlassian
4 1 (1.02%) Bloomberg
4 1 (1.02%) Cerner
4 1 (1.02%) OpenLink
4 1 (1.02%) ServiceNow
4 1 (1.02%) Symantec
4 1 (1.02%) Vermilion
4 1 (1.02%) Workday