Period
to 18 January 2022

The median contractor rate for a Project Manager was £558 per day in advertised job vacancies in the City of London during the 6 months to 18 January 2022.

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 Jan 2022
Same period 2021 Same period 2020
Rank 40 54 41
Rank change year-on-year +14 -13 +12
Contract jobs requiring a Project Manager 212 74 252
As % of all contract jobs advertised in the City of London 5.30% 3.63% 5.11%
As % of the Job Titles category 5.73% 3.93% 5.47%
Number of daily rates quoted 165 53 189
10th Percentile £424 £423 £350
25th Percentile £500 £475 £413
Median daily rate (50th Percentile) £558 £538 £500
Median % change year-on-year +3.72% +7.50% -4.76%
75th Percentile £638 £588 £588
90th Percentile £725 £638 £657
Central London median daily rate £551 £531 £498
% change year-on-year +3.62% +6.78% -3.63%
Number of hourly rates quoted 3 0 0
10th Percentile £51.70 - -
25th Percentile £53.88 - -
Median hourly rate £60.00 - -
75th Percentile £62.50 - -
90th Percentile - - -
Central London median hourly rate £60.00 - -

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 3,699 1,883 4,608
% of contract IT jobs with a recognized job title 92.48% 92.26% 93.45%
Number of daily rates quoted 2,864 1,420 3,638
10th Percentile £356 £305 £300
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £520 £500
Median % change year-on-year +5.77% +4.00% -
75th Percentile £650 £602 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £513 £500
% change year-on-year +7.32% +2.50% -
Number of hourly rates quoted 46 20 60
10th Percentile £13.88 £16.58 £12.38
25th Percentile £18.63 £20.74 £14.19
Median hourly rate £33.75 £24.75 £19.75
Median % change year-on-year +36.36% +25.32% +5.61%
75th Percentile £51.50 £36.69 £25.50
90th Percentile £62.50 £46.18 £49.50
Central London median hourly rate £34.50 £26.50 £19.75
% change year-on-year +30.19% +34.18% +5.61%

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 January 2022.

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 January 2022. 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 £450 - 1
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 January 2022, 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.

1 103 (48.58%) Finance
2 85 (40.09%) Project Management
3 69 (32.55%) Agile Software Development
4 63 (29.72%) Stakeholder Management
5 43 (20.28%) Social Skills
6 36 (16.98%) Migration
7 34 (16.04%) PRINCE2
8 28 (13.21%) Banking
9 27 (12.74%) Project Delivery
10 21 (9.91%) Microsoft
11 20 (9.43%) Azure
11 20 (9.43%) Waterfall
12 19 (8.96%) Risk Management
13 18 (8.49%) Microsoft 365
14 17 (8.02%) Retail
15 15 (7.08%) Change Management
15 15 (7.08%) ERP
16 14 (6.60%) PMP
16 14 (6.60%) Scrum
16 14 (6.60%) Project Planning
17 12 (5.66%) SAP
17 12 (5.66%) Microsoft Project
17 12 (5.66%) Change Control
17 12 (5.66%) Data Centre
18 10 (4.72%) PMO
18 10 (4.72%) Presentation Skills
18 10 (4.72%) SaaS
18 10 (4.72%) JIRA
18 10 (4.72%) Windows
18 10 (4.72%) Management Information System

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 4 (1.89%) SharePoint
2 2 (0.94%) Confluence
3 1 (0.47%) Appian
Applications
1 12 (5.66%) Microsoft Project
2 9 (4.25%) Microsoft Office
3 7 (3.30%) Microsoft Excel
4 4 (1.89%) MS Visio
5 3 (1.42%) Microsoft PowerPoint
Business Applications
1 7 (3.30%) SAP AFS
1 7 (3.30%) SAP Retail
2 2 (0.94%) Oracle ERP
2 2 (0.94%) Oracle General Ledger
2 2 (0.94%) Oracle Subledger Accounting
3 1 (0.47%) Dynamics NAV
3 1 (0.47%) SAP S/4HANA
Cloud Services
1 20 (9.43%) Azure
2 18 (8.49%) Microsoft 365
3 10 (4.72%) SaaS
4 3 (1.42%) AWS
5 1 (0.47%) Amazon ECS
5 1 (0.47%) AWS Fargate
5 1 (0.47%) AWS Lambda
5 1 (0.47%) Salesforce Sales Cloud
5 1 (0.47%) Salesforce Service Cloud
5 1 (0.47%) Serverless
Communications & Networking
1 9 (4.25%) IP Telephony
1 9 (4.25%) MPLS
2 2 (0.94%) Firewall
2 2 (0.94%) SD-WAN
2 2 (0.94%) WAN
3 1 (0.47%) 5G
3 1 (0.47%) ATM
3 1 (0.47%) Cisco IPT
3 1 (0.47%) Softphone
3 1 (0.47%) Unified Communications
3 1 (0.47%) Wi-Fi
Database & Business Intelligence
1 6 (2.83%) Data Lake
2 5 (2.36%) Data Warehouse
3 1 (0.47%) Data Mining
3 1 (0.47%) PowerCenter
3 1 (0.47%) SAP HANA
Development Applications
1 10 (4.72%) JIRA
2 1 (0.47%) Git (software)
2 1 (0.47%) Jenkins
2 1 (0.47%) Subversion
General
1 103 (48.58%) Finance
2 43 (20.28%) Social Skills
3 28 (13.21%) Banking
4 17 (8.02%) Retail
5 10 (4.72%) Presentation Skills
6 9 (4.25%) Analytical Skills
7 8 (3.77%) Investment Banking
7 8 (3.77%) Legal
7 8 (3.77%) Manufacturing
8 5 (2.36%) German Language
8 5 (2.36%) Public Sector
9 4 (1.89%) Organisational Skills
10 3 (1.42%) French Language
10 3 (1.42%) Front Office
10 3 (1.42%) Influencing Skills
10 3 (1.42%) Law
10 3 (1.42%) Marketing
11 2 (0.94%) Back Office
11 2 (0.94%) Telecoms
12 1 (0.47%) Financial Institution
Libraries, Frameworks & Software Standards
1 2 (0.94%) Oracle Fusion
2 1 (0.47%) Middleware
2 1 (0.47%) SailPoint
Miscellaneous
1 12 (5.66%) Data Centre
2 10 (4.72%) Management Information System
3 9 (4.25%) Fat Client
3 9 (4.25%) Thin Client
4 8 (3.77%) Reinsurance
5 7 (3.30%) Fixed Income
6 5 (2.36%) NHS
7 4 (1.89%) Spread Betting
8 3 (1.42%) LIMS
8 3 (1.42%) Virtual Team
9 2 (0.94%) Social Media
9 2 (0.94%) Tandem
10 1 (0.47%) Analytical Mindset
10 1 (0.47%) Cloud Native
10 1 (0.47%) Fibre Optics
10 1 (0.47%) Life Science
10 1 (0.47%) Mobile App
10 1 (0.47%) PMI
10 1 (0.47%) Reference Data
10 1 (0.47%) SWIFT
Operating Systems
1 10 (4.72%) Windows
2 9 (4.25%) Windows 10
2 9 (4.25%) Windows 7
3 1 (0.47%) Windows Server
Processes & Methodologies
1 85 (40.09%) Project Management
2 69 (32.55%) Agile Software Development
3 63 (29.72%) Stakeholder Management
4 36 (16.98%) Migration
5 34 (16.04%) PRINCE2
6 27 (12.74%) Project Delivery
7 20 (9.43%) Waterfall
8 19 (8.96%) Risk Management
9 15 (7.08%) Change Management
9 15 (7.08%) ERP
10 14 (6.60%) Project Planning
10 14 (6.60%) Scrum
11 12 (5.66%) Change Control
12 9 (4.25%) Email Migration
12 9 (4.25%) Fintech
13 8 (3.77%) Continuous Improvement
13 8 (3.77%) Scaled Agile Framework
13 8 (3.77%) Software Delivery
14 7 (3.30%) Stakeholder Engagement
14 7 (3.30%) Time Management
Programming Languages
1 2 (0.94%) SQL
2 1 (0.47%) Java
Qualifications
1 14 (6.60%) PMP
2 9 (4.25%) SC Cleared
2 9 (4.25%) Security Cleared
3 7 (3.30%) PMI Certification
3 7 (3.30%) PRINCE2 Practitioner
4 6 (2.83%) Degree
5 2 (0.94%) Six Sigma Black Belt
6 1 (0.47%) APMP
6 1 (0.47%) CISM
6 1 (0.47%) CRISC
6 1 (0.47%) ITIL Certification
6 1 (0.47%) PRINCE2 Certification
Quality Assurance & Compliance
1 10 (4.72%) PMO
2 4 (1.89%) QA
3 3 (1.42%) Data Quality
3 3 (1.42%) GDPR
4 1 (0.47%) IFRS
4 1 (0.47%) ISO/IEC 27001
4 1 (0.47%) PCI DSS
4 1 (0.47%) Solvency II
System Software
1 10 (4.72%) Active Directory
2 1 (0.47%) Docker
2 1 (0.47%) Virtual Servers
Systems Management
1 1 (0.47%) Control-M
1 1 (0.47%) WebSphere Cast Iron
Vendors
1 21 (9.91%) Microsoft
2 12 (5.66%) SAP
3 9 (4.25%) Citrix
4 5 (2.36%) Salesforce.com
5 3 (1.42%) Oracle
6 2 (0.94%) Atlassian
6 2 (0.94%) CA Agile Central
6 2 (0.94%) Cadence
6 2 (0.94%) Pega
6 2 (0.94%) ServiceNow
6 2 (0.94%) VMware
7 1 (0.47%) FNZ
7 1 (0.47%) GoldenSource
7 1 (0.47%) Informatica
7 1 (0.47%) Openreach
7 1 (0.47%) Palo Alto
7 1 (0.47%) Red Hat
7 1 (0.47%) Sage
7 1 (0.47%) SunGard
7 1 (0.47%) UiPath