Period
to 17 October 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 17 October 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
17 Oct 2021
Same period 2020 Same period 2019
Rank 33 63 37
Rank change year-on-year +30 -26 +14
Contract jobs requiring a Project Manager 228 57 320
As % of all contract jobs advertised in the City of London 5.96% 3.22% 5.37%
As % of the Job Titles category 6.43% 3.50% 5.71%
Number of daily rates quoted 163 44 259
10th Percentile £366 £371 £350
25th Percentile £453 £463 £425
Median daily rate (50th Percentile) £550 £525 £510
Median % change year-on-year +4.76% +2.94% -2.86%
75th Percentile £638 £575 £588
90th Percentile £700 £659 £650
Central London median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% -
Number of hourly rates quoted 1 1 0
Median hourly rate £27.50 £46.50 -
Median % change year-on-year -40.86% - -
Central London median hourly rate £27.50 £46.50 -
% change year-on-year -40.86% - -

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 3,545 1,628 5,603
% of contract IT jobs with a recognized job title 92.70% 91.87% 93.95%
Number of daily rates quoted 2,676 1,234 4,439
10th Percentile £352 £306 £313
25th Percentile £461 £413 £413
Median daily rate (50th Percentile) £550 £513 £513
Median % change year-on-year +7.32% - +2.50%
75th Percentile £650 £600 £600
90th Percentile £738 £675 £675
Central London median daily rate £550 £513 £500
% change year-on-year +7.32% +2.50% -
Number of hourly rates quoted 39 25 72
10th Percentile £13.83 £15.50 £11.78
25th Percentile £17.34 £20.00 £13.13
Median hourly rate £28.00 £35.50 £19.50
Median % change year-on-year -21.13% +82.05% +4.28%
75th Percentile £37.75 £46.00 £24.25
90th Percentile £61.95 £47.75 £48.90
Central London median hourly rate £28.50 £33.50 £20.50
% change year-on-year -14.93% +63.41% +9.63%

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 17 October 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 17 October 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 17 October 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.

1 107 (46.93%) Finance
1 107 (46.93%) Agile Software Development
2 100 (43.86%) Project Management
3 82 (35.96%) Stakeholder Management
4 68 (29.82%) Social Skills
5 42 (18.42%) Project Delivery
5 42 (18.42%) PRINCE2
6 30 (13.16%) Migration
7 28 (12.28%) Change Management
7 28 (12.28%) Banking
8 25 (10.96%) Microsoft
8 25 (10.96%) Azure
9 24 (10.53%) Waterfall
9 24 (10.53%) Asset Management
10 21 (9.21%) Scrum
10 21 (9.21%) Business Analysis
11 19 (8.33%) JIRA
11 19 (8.33%) Requirements Gathering
11 19 (8.33%) Line Management
12 18 (7.89%) Problem-Solving
13 17 (7.46%) Tandem
14 16 (7.02%) Business Intelligence
14 16 (7.02%) Retail
14 16 (7.02%) GAP Analysis
14 16 (7.02%) Influencing Skills
14 16 (7.02%) Microsoft 365
15 15 (6.58%) Business Case
16 14 (6.14%) Data Lake
16 14 (6.14%) Risk Management
16 14 (6.14%) Microsoft Project

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 6 (2.63%) SharePoint
2 4 (1.75%) Confluence
3 1 (0.44%) Appian
3 1 (0.44%) CMS
Applications
1 14 (6.14%) Microsoft Project
2 11 (4.82%) Microsoft Office
3 5 (2.19%) Microsoft Excel
3 5 (2.19%) MS Visio
4 3 (1.32%) Microsoft PowerPoint
Business Applications
1 4 (1.75%) SAP AFS
1 4 (1.75%) SAP Retail
2 3 (1.32%) Maximo
3 1 (0.44%) Dynamics NAV
3 1 (0.44%) Elite 3E
3 1 (0.44%) SAP Hybris
3 1 (0.44%) SAP S/4HANA
Cloud Services
1 25 (10.96%) Azure
2 16 (7.02%) Microsoft 365
3 7 (3.07%) IaaS
4 5 (2.19%) AWS
4 5 (2.19%) SaaS
5 3 (1.32%) Salesforce Service Cloud
6 2 (0.88%) GCP
6 2 (0.88%) PaaS
7 1 (0.44%) Amazon ECS
7 1 (0.44%) AWS Fargate
7 1 (0.44%) AWS Lambda
7 1 (0.44%) Cloud Computing
7 1 (0.44%) Power Platform
7 1 (0.44%) Serverless
Communications & Networking
1 5 (2.19%) IP Telephony
1 5 (2.19%) MPLS
2 4 (1.75%) WAN
3 3 (1.32%) SD-WAN
4 2 (0.88%) Firewall
4 2 (0.88%) Unified Communications
4 2 (0.88%) Wi-Fi
5 1 (0.44%) 2G
5 1 (0.44%) 3G
5 1 (0.44%) 4G
5 1 (0.44%) 5G
5 1 (0.44%) ATM
5 1 (0.44%) FTP
5 1 (0.44%) Intranet
5 1 (0.44%) NAS
5 1 (0.44%) SAN
5 1 (0.44%) WebEx
Database & Business Intelligence
1 14 (6.14%) Data Lake
2 8 (3.51%) Data Warehouse
3 3 (1.32%) SAP HANA
4 2 (0.88%) SQL Server
5 1 (0.44%) DB2
5 1 (0.44%) PostgreSQL
5 1 (0.44%) Power BI
Development Applications
1 19 (8.33%) JIRA
2 1 (0.44%) Eclipse
General
1 107 (46.93%) Finance
2 68 (29.82%) Social Skills
3 28 (12.28%) Banking
4 16 (7.02%) Influencing Skills
4 16 (7.02%) Retail
5 12 (5.26%) Presentation Skills
6 8 (3.51%) Investment Banking
7 6 (2.63%) Back Office
7 6 (2.63%) Legal
8 5 (2.19%) Law
8 5 (2.19%) Organisational Skills
8 5 (2.19%) Public Sector
9 4 (1.75%) Analytical Skills
9 4 (1.75%) Manufacturing
10 3 (1.32%) Financial Institution
10 3 (1.32%) Front Office
10 3 (1.32%) Telecoms
11 2 (0.88%) Billing
11 2 (0.88%) German Language
11 2 (0.88%) Marketing
Libraries, Frameworks & Software Standards
1 2 (0.88%) Middleware
2 1 (0.44%) Django
2 1 (0.44%) Kafka
2 1 (0.44%) SailPoint
Miscellaneous
1 17 (7.46%) Tandem
2 11 (4.82%) Management Information System
3 9 (3.95%) Data Centre
3 9 (3.95%) Reinsurance
4 5 (2.19%) Fat Client
4 5 (2.19%) Thin Client
5 3 (1.32%) PMI
6 2 (0.88%) Credit Risk
6 2 (0.88%) Enterprise Cloud
6 2 (0.88%) Fixed Income
6 2 (0.88%) Self-Motivation
6 2 (0.88%) Spread Betting
6 2 (0.88%) Virtual Team
7 1 (0.44%) Data Structures
7 1 (0.44%) Fibre Optics
7 1 (0.44%) Greenfield Project
7 1 (0.44%) Legacy Applications
7 1 (0.44%) Legacy Systems
7 1 (0.44%) Mobile App
7 1 (0.44%) User Experience
Operating Systems
1 8 (3.51%) Windows
2 6 (2.63%) Windows 10
3 5 (2.19%) Windows 7
4 1 (0.44%) Apple iOS
4 1 (0.44%) Windows Server
Processes & Methodologies
1 107 (46.93%) Agile Software Development
2 100 (43.86%) Project Management
3 82 (35.96%) Stakeholder Management
4 42 (18.42%) PRINCE2
4 42 (18.42%) Project Delivery
5 30 (13.16%) Migration
6 28 (12.28%) Change Management
7 24 (10.53%) Asset Management
7 24 (10.53%) Waterfall
8 21 (9.21%) Business Analysis
8 21 (9.21%) Scrum
9 19 (8.33%) Line Management
9 19 (8.33%) Requirements Gathering
10 18 (7.89%) Problem-Solving
11 16 (7.02%) Business Intelligence
11 16 (7.02%) GAP Analysis
12 15 (6.58%) Business Case
13 14 (6.14%) Risk Management
14 11 (4.82%) Matrix Organization
14 11 (4.82%) SDLC
Programming Languages
1 2 (0.88%) SQL
2 1 (0.44%) Java
Qualifications
1 12 (5.26%) PMP
2 9 (3.95%) Security Cleared
3 8 (3.51%) Degree
3 8 (3.51%) SC Cleared
4 7 (3.07%) PMI Certification
5 4 (1.75%) PRINCE2 Certification
5 4 (1.75%) PRINCE2 Practitioner
6 2 (0.88%) ACCA
6 2 (0.88%) APMP
7 1 (0.44%) ITIL Certification
7 1 (0.44%) Six Sigma Black Belt
Quality Assurance & Compliance
1 10 (4.39%) PMO
2 7 (3.07%) QA
3 2 (0.88%) Data Quality
3 2 (0.88%) GRC
System Software
1 5 (2.19%) Active Directory
2 1 (0.44%) Docker
2 1 (0.44%) PowerHA
2 1 (0.44%) Virtual Servers
Vendors
1 25 (10.96%) Microsoft
2 12 (5.26%) SAP
3 9 (3.95%) Citrix
4 8 (3.51%) Salesforce.com
5 4 (1.75%) IBM
6 3 (1.32%) VMware
7 2 (0.88%) Atlassian
7 2 (0.88%) CA Agile Central
7 2 (0.88%) Oracle
7 2 (0.88%) ServiceNow
8 1 (0.44%) BT
8 1 (0.44%) GoldenSource
8 1 (0.44%) Guidewire
8 1 (0.44%) hybris
8 1 (0.44%) Openreach
8 1 (0.44%) Sage
8 1 (0.44%) SunGard