Period
to 16 January 2021

The median contractor rate for a Project Manager was £538 per day in advertised job vacancies in the City of London during the 6 months to 16 January 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
16 Jan 2021
Same period 2020 Same period 2019
Rank 55 39 54
Rank change year-on-year -16 +15 -28
Contract jobs requiring a Project Manager 74 254 306
As % of all contract jobs advertised in the City of London 3.62% 5.10% 4.50%
As % of the Job Titles category 3.94% 5.45% 4.73%
Number of daily rates quoted 62 193 230
Median daily rate £538 £500 £525
Median daily rate % change year-on-year +7.50% -4.76% -
10th Percentile £418 £350 £312
90th Percentile £638 £655 £638
Central London median daily rate £525 £490 £513
% change year-on-year +7.14% -4.39% +2.50%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £24.95
Central London median hourly rate - - £24.95

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 1,878 4,657 6,467
% of contract IT jobs with a recognized job title 91.88% 93.48% 95.10%
Number of daily rates quoted 1,412 3,677 5,100
Median daily rate £520 £500 £500
Median daily rate % change year-on-year +4.00% - -
10th Percentile £305 £300 £300
90th Percentile £688 £675 £675
Central London median daily rate £513 £500 £500
% change year-on-year +2.50% - -
Number of hourly rates quoted 21 60 88
Median hourly rate £26.50 £19.75 £18.70
Median hourly rate % change year-on-year +34.18% +5.61% +13.33%
10th Percentile £17.00 £12.38 £12.93
90th Percentile £46.00 £49.50 £26.08
Median hourly rate £26.75 £19.75 £18.70
% change year-on-year +35.44% +5.61% +3.89%

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

For the 6 months to 16 January 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 38 (51.35%) Project Management
2 26 (35.14%) Agile Software Development
3 24 (32.43%) Stakeholder Management
4 23 (31.08%) Project Delivery
5 21 (28.38%) Finance
6 18 (24.32%) PRINCE2
7 9 (12.16%) Banking
7 9 (12.16%) Business Case
8 8 (10.81%) Workshop Facilitation
8 8 (10.81%) Azure
9 7 (9.46%) Degree
9 7 (9.46%) PRINCE2 Practitioner
9 7 (9.46%) Problem-Solving
10 6 (8.11%) Insurtech
10 6 (8.11%) Stakeholder Engagement
10 6 (8.11%) Information Security
10 6 (8.11%) Business Intelligence
10 6 (8.11%) Microsoft
11 5 (6.76%) Data Modelling
11 5 (6.76%) Migration
11 5 (6.76%) Waterfall
11 5 (6.76%) Security Cleared
11 5 (6.76%) Release Management
11 5 (6.76%) COBIT
11 5 (6.76%) ISO/IEC 27001
11 5 (6.76%) Business Analysis
11 5 (6.76%) Privileged Access Management
12 4 (5.41%) PMO
12 4 (5.41%) Office 365
12 4 (5.41%) Requirements Gathering

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 1 (1.35%) Alfresco
1 1 (1.35%) CMS
1 1 (1.35%) Documentum
1 1 (1.35%) SharePoint
1 1 (1.35%) Skype for Business
Applications
1 2 (2.70%) Microsoft Excel
1 2 (2.70%) Microsoft Project
1 2 (2.70%) Spreadsheet
2 1 (1.35%) Microsoft PowerPoint
Business Applications
1 1 (1.35%) Payment Gateway
1 1 (1.35%) Summit
Cloud Services
1 8 (10.81%) Azure
2 4 (5.41%) Cloud Computing
2 4 (5.41%) Office 365
3 1 (1.35%) AWS
3 1 (1.35%) Google Docs
3 1 (1.35%) Smartsheet
Communications & Networking
1 3 (4.05%) Intrusion Detection
1 3 (4.05%) MPLS
2 1 (1.35%) IP Telephony
2 1 (1.35%) PBX
2 1 (1.35%) Skype
2 1 (1.35%) Unified Communications
Database & Business Intelligence
1 4 (5.41%) Data Warehouse
Development Applications
1 1 (1.35%) JIRA
General
1 21 (28.38%) Finance
2 9 (12.16%) Banking
3 3 (4.05%) Front Office
3 3 (4.05%) Legal
4 2 (2.70%) Back Office
4 2 (2.70%) Local Government
4 2 (2.70%) Marketing
4 2 (2.70%) Pharmaceutical
4 2 (2.70%) Telecoms
5 1 (1.35%) Billing
5 1 (1.35%) Financial Institution
5 1 (1.35%) General Ledger
5 1 (1.35%) International Banking
5 1 (1.35%) Polish Language
5 1 (1.35%) Public Sector
5 1 (1.35%) Retail
Libraries, Frameworks & Software Standards
1 1 (1.35%) AngularJS
1 1 (1.35%) SailPoint
1 1 (1.35%) XML
Miscellaneous
1 3 (4.05%) Analytical Skills
2 2 (2.70%) Fixed Income
2 2 (2.70%) Greenfield Project
2 2 (2.70%) NHS
3 1 (1.35%) Enterprise Cloud
3 1 (1.35%) FMCG
3 1 (1.35%) LIMS
3 1 (1.35%) Management Information System
3 1 (1.35%) PMI
3 1 (1.35%) Self-Motivation
Operating Systems
1 3 (4.05%) Windows
2 1 (1.35%) Unix
2 1 (1.35%) Windows 10
2 1 (1.35%) Windows 7
Processes & Methodologies
1 38 (51.35%) Project Management
2 26 (35.14%) Agile Software Development
3 24 (32.43%) Stakeholder Management
4 23 (31.08%) Project Delivery
5 18 (24.32%) PRINCE2
6 9 (12.16%) Business Case
7 8 (10.81%) Workshop Facilitation
8 7 (9.46%) Problem-Solving
9 6 (8.11%) Business Intelligence
9 6 (8.11%) Information Security
9 6 (8.11%) Insurtech
9 6 (8.11%) Stakeholder Engagement
10 5 (6.76%) Business Analysis
10 5 (6.76%) Data Modelling
10 5 (6.76%) Migration
10 5 (6.76%) Privileged Access Management
10 5 (6.76%) Release Management
10 5 (6.76%) Waterfall
11 4 (5.41%) Requirements Gathering
11 4 (5.41%) Scrum
Programming Languages
1 1 (1.35%) C
1 1 (1.35%) SQL
Qualifications
1 7 (9.46%) Degree
1 7 (9.46%) PRINCE2 Practitioner
2 5 (6.76%) Security Cleared
3 3 (4.05%) PMI Certification
3 3 (4.05%) PRINCE2 Certification
3 3 (4.05%) SC Cleared
4 2 (2.70%) PMP
5 1 (1.35%) Computer Science Degree
Quality Assurance & Compliance
1 5 (6.76%) COBIT
1 5 (6.76%) ISO/IEC 27001
2 4 (5.41%) PMO
3 2 (2.70%) Sarbanes-Oxley
4 1 (1.35%) Data Quality
4 1 (1.35%) GDPR
4 1 (1.35%) QA
System Software
1 1 (1.35%) Active Directory
Vendors
1 6 (8.11%) Microsoft
2 2 (2.70%) Citrix
2 2 (2.70%) SAP
3 1 (1.35%) CyberArk
3 1 (1.35%) Google
3 1 (1.35%) Northgate
3 1 (1.35%) Okta
3 1 (1.35%) Oracle
3 1 (1.35%) Salesforce.com
3 1 (1.35%) ServiceNow