Period
to 23 July 2021

The median contractor rate for a Project Manager was £549 per day in advertised job vacancies in the City of London during the 6 months to 23 July 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
23 Jul 2021
Same period 2020 Same period 2019
Rank 26 47 36
Rank change year-on-year +21 -11 +3
Contract jobs requiring a Project Manager 230 112 356
As % of all contract jobs advertised in the City of London 6.77% 4.58% 5.39%
As % of the Job Titles category 7.23% 4.91% 5.74%
Number of daily rates quoted 168 80 279
10th Percentile £358 £356 £350
25th Percentile £425 £423 £425
Median daily rate (50th Percentile) £549 £525 £525
Median % change year-on-year +4.52% - -
75th Percentile £650 £600 £594
90th Percentile £713 £650 £650
Central London median daily rate £525 £525 £513
% change year-on-year - +2.44% +2.50%
Number of hourly rates quoted 1 3 0
Median hourly rate £27.50 £38.45 -
Median % change year-on-year -28.48% - -
Central London median hourly rate £27.50 £38.45 -
% change year-on-year -28.48% - -

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 3,180 2,279 6,205
% of contract IT jobs with a recognized job title 93.58% 93.29% 93.96%
Number of daily rates quoted 2,342 1,709 4,871
10th Percentile £358 £313 £325
25th Percentile £450 £413 £425
Median daily rate (50th Percentile) £550 £513 £520
Median % change year-on-year +7.32% -1.44% +4.00%
75th Percentile £647 £600 £600
90th Percentile £725 £676 £675
Central London median daily rate £550 £500 £513
% change year-on-year +10.00% -2.44% +2.50%
Number of hourly rates quoted 43 41 69
10th Percentile £12.38 £12.50 £11.25
25th Percentile £14.63 £14.50 £12.76
Median hourly rate £23.45 £27.50 £20.00
Median % change year-on-year -14.73% +37.50% +6.95%
75th Percentile £34.00 £39.25 £33.75
90th Percentile £42.85 £52.50 £47.30
Central London median hourly rate £23.45 £27.50 £20.00
% change year-on-year -14.73% +37.50% +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 23 July 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 23 July 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 - 4 £675 -
Project Manager
Central London

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

For the 6 months to 23 July 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.

1 111 (48.26%) Agile Software Development
2 110 (47.83%) Project Management
3 97 (42.17%) Finance
4 82 (35.65%) Stakeholder Management
5 71 (30.87%) Social Skills
6 57 (24.78%) Project Delivery
7 42 (18.26%) PRINCE2
8 37 (16.09%) Migration
9 33 (14.35%) Microsoft
10 31 (13.48%) Change Management
10 31 (13.48%) Banking
11 28 (12.17%) Azure
12 27 (11.74%) Scrum
12 27 (11.74%) Influencing Skills
12 27 (11.74%) Project Governance
13 26 (11.30%) Asset Management
14 23 (10.00%) Business Analysis
15 22 (9.57%) Business Intelligence
15 22 (9.57%) Problem-Solving
16 21 (9.13%) Business Case
16 21 (9.13%) JIRA
17 20 (8.70%) Requirements Gathering
18 19 (8.26%) Waterfall
18 19 (8.26%) Microsoft Project
19 18 (7.83%) Microsoft Office
19 18 (7.83%) Line Management
20 17 (7.39%) Microsoft 365
20 17 (7.39%) Matrix Organization
21 16 (6.96%) QA
21 16 (6.96%) ITIL

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 5 (2.17%) Confluence
2 4 (1.74%) CMS
3 3 (1.30%) SharePoint
Applications
1 19 (8.26%) Microsoft Project
2 18 (7.83%) Microsoft Office
3 7 (3.04%) Microsoft Excel
4 5 (2.17%) Microsoft PowerPoint
5 4 (1.74%) MS Visio
Business Applications
1 3 (1.30%) Maximo
2 1 (0.43%) Elite 3E
2 1 (0.43%) Global One
2 1 (0.43%) SAP CO
2 1 (0.43%) SAP FI
2 1 (0.43%) SAP FI/CO
2 1 (0.43%) SAP Hybris
2 1 (0.43%) SAP S/4HANA
Cloud Services
1 28 (12.17%) Azure
2 17 (7.39%) Microsoft 365
3 12 (5.22%) IaaS
4 5 (2.17%) GCP
5 4 (1.74%) AWS
5 4 (1.74%) Power Platform
6 3 (1.30%) Salesforce Service Cloud
7 2 (0.87%) Cloud Functions
7 2 (0.87%) PaaS
7 2 (0.87%) Serverless
8 1 (0.43%) Akamai
8 1 (0.43%) Cloud Computing
8 1 (0.43%) PowerApps
8 1 (0.43%) SuccessFactors
8 1 (0.43%) Trello
8 1 (0.43%) Yammer
Communications & Networking
1 9 (3.91%) FTP
1 9 (3.91%) NAS
1 9 (3.91%) SAN
2 4 (1.74%) MPLS
2 4 (1.74%) WAN
3 3 (1.30%) SD-WAN
3 3 (1.30%) WebEx
4 2 (0.87%) Firewall
4 2 (0.87%) IP Telephony
4 2 (0.87%) LAN
4 2 (0.87%) Wireless
5 1 (0.43%) 2G
5 1 (0.43%) 3G
5 1 (0.43%) 4G
5 1 (0.43%) Broadband
5 1 (0.43%) DNS
5 1 (0.43%) Intranet
5 1 (0.43%) Network Security
5 1 (0.43%) Unified Communications
5 1 (0.43%) Wi-Fi
Database & Business Intelligence
1 10 (4.35%) Data Lake
2 9 (3.91%) DB2
3 8 (3.48%) Data Warehouse
4 3 (1.30%) Power BI
4 3 (1.30%) SAP HANA
5 2 (0.87%) SQL Server
6 1 (0.43%) PostgreSQL
Development Applications
1 21 (9.13%) JIRA
2 1 (0.43%) Eclipse
2 1 (0.43%) Visual Studio Team System
General
1 97 (42.17%) Finance
2 71 (30.87%) Social Skills
3 31 (13.48%) Banking
4 27 (11.74%) Influencing Skills
5 11 (4.78%) Presentation Skills
6 10 (4.35%) Investment Banking
7 9 (3.91%) Legal
8 8 (3.48%) Front Office
8 8 (3.48%) Retail
9 6 (2.61%) Public Sector
10 5 (2.17%) Back Office
10 5 (2.17%) Financial Institution
11 4 (1.74%) Law
11 4 (1.74%) Telecoms
12 3 (1.30%) Analytical Skills
13 2 (0.87%) General Ledger
13 2 (0.87%) Marketing
14 1 (0.43%) Corporate Banking
14 1 (0.43%) Italian Language
14 1 (0.43%) Retail Banking
Libraries, Frameworks & Software Standards
1 9 (3.91%) Middleware
2 2 (0.87%) SailPoint
3 1 (0.43%) Django
3 1 (0.43%) Kafka
Miscellaneous
1 15 (6.52%) Tandem
2 9 (3.91%) AS400
2 9 (3.91%) iSeries
2 9 (3.91%) LPAR
2 9 (3.91%) Replication
3 8 (3.48%) Data Centre
4 7 (3.04%) Management Information System
4 7 (3.04%) PMI
5 5 (2.17%) Enterprise Cloud
6 4 (1.74%) Credit Risk
6 4 (1.74%) Derivative
6 4 (1.74%) Virtual Team
7 3 (1.30%) Reinsurance
7 3 (1.30%) Self-Motivation
8 2 (0.87%) Data Structures
8 2 (0.87%) Fat Client
8 2 (0.87%) Fixed Income
8 2 (0.87%) Foreign Exchange (FX)
8 2 (0.87%) NHS
8 2 (0.87%) Thin Client
Operating Systems
1 9 (3.91%) Apple iOS
2 4 (1.74%) Windows
3 3 (1.30%) Windows 10
4 2 (0.87%) Windows 7
Processes & Methodologies
1 111 (48.26%) Agile Software Development
2 110 (47.83%) Project Management
3 82 (35.65%) Stakeholder Management
4 57 (24.78%) Project Delivery
5 42 (18.26%) PRINCE2
6 37 (16.09%) Migration
7 31 (13.48%) Change Management
8 27 (11.74%) Project Governance
8 27 (11.74%) Scrum
9 26 (11.30%) Asset Management
10 23 (10.00%) Business Analysis
11 22 (9.57%) Business Intelligence
11 22 (9.57%) Problem-Solving
12 21 (9.13%) Business Case
13 20 (8.70%) Requirements Gathering
14 19 (8.26%) Waterfall
15 18 (7.83%) Line Management
16 17 (7.39%) Matrix Organization
17 16 (6.96%) ITIL
18 15 (6.52%) GAP Analysis
Programming Languages
1 2 (0.87%) SQL
Qualifications
1 11 (4.78%) Degree
1 11 (4.78%) PMP
2 9 (3.91%) Security Cleared
3 8 (3.48%) SC Cleared
4 7 (3.04%) PMI Certification
5 4 (1.74%) PRINCE2 Certification
6 3 (1.30%) ACCA
7 2 (0.87%) APMP
8 1 (0.43%) CFA
8 1 (0.43%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 16 (6.96%) QA
2 13 (5.65%) PMO
3 3 (1.30%) GRC
4 1 (0.43%) IFRS
4 1 (0.43%) Solvency II
System Software
1 9 (3.91%) PowerHA
2 3 (1.30%) Active Directory
Systems Management
1 1 (0.43%) SCCM
Vendors
1 33 (14.35%) Microsoft
2 12 (5.22%) IBM
2 12 (5.22%) Salesforce.com
3 11 (4.78%) SAP
4 6 (2.61%) Citrix
5 3 (1.30%) Google
5 3 (1.30%) Oracle
6 2 (0.87%) ServiceNow
6 2 (0.87%) VMware
7 1 (0.43%) Bloomberg
7 1 (0.43%) CA Agile Central
7 1 (0.43%) Calypso
7 1 (0.43%) Cisco
7 1 (0.43%) Guidewire
7 1 (0.43%) hybris
7 1 (0.43%) Qualtrics
7 1 (0.43%) Veritas
7 1 (0.43%) Workday