Period
to 8 December 2021

The median contractor rate for a Technical Consultant was £550 per day in advertised job vacancies in the City of London during the 6 months to 8 December 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.

Technical Consultant
Central London > City of London
6 months to
8 Dec 2021
Same period 2020 Same period 2019
Rank 171 121 208
Rank change year-on-year -50 +87 +34
Contract jobs requiring a Technical Consultant 17 4 12
As % of all contract jobs advertised in the City of London 0.41% 0.20% 0.21%
As % of the Job Titles category 0.45% 0.22% 0.23%
Number of daily rates quoted 15 4 9
Median daily rate (50th Percentile) £550 £700 £500
Median % change year-on-year -21.43% +40.00% -6.98%
Central London median daily rate £550 £700 £500
% change year-on-year -21.43% +40.00% -9.09%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £52.50
Central London median hourly rate - - £52.50

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 3,802 1,837 5,268
% of contract IT jobs with a recognized job title 92.51% 92.22% 93.32%
Number of daily rates quoted 2,929 1,392 4,163
10th Percentile £350 £308 £313
25th Percentile £463 £413 £413
Median daily rate (50th Percentile) £550 £525 £513
Median % change year-on-year +4.76% +2.44% +2.50%
75th Percentile £650 £603 £600
90th Percentile £750 £688 £675
Central London median daily rate £550 £515 £500
% change year-on-year +6.80% +3.00% -
Number of hourly rates quoted 44 25 61
10th Percentile £13.88 £17.60 £12.04
25th Percentile £17.79 £22.00 £14.00
Median hourly rate £30.45 £27.00 £19.50
Median % change year-on-year +12.78% +38.46% +4.28%
75th Percentile £46.25 £40.00 £23.50
90th Percentile £64.85 £47.05 £36.90
Central London median hourly rate £33.00 £28.45 £20.00
% change year-on-year +16.01% +42.23% +6.95%

Technical Consultant
Job Vacancy Trend in the City of London

Job postings that featured Technical Consultant in the job title as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Technical Consultant in the City of London

Technical Consultant
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Technical Consultant in the City of London.

Daily rate trend for Technical Consultant in the City of London

Technical Consultant
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing Technical Consultant in the City of London.

Hourly rate trend for Technical Consultant in the City of London

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

For the 6 months to 8 December 2021, Technical Consultant 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 Technical Consultant in the job title.

1 15 (88.24%) Finance
1 15 (88.24%) Information Security
1 15 (88.24%) ISO/IEC 27001
1 15 (88.24%) Cybersecurity
2 14 (82.35%) Azure
3 12 (70.59%) Hyper-V
3 12 (70.59%) Change Control
3 12 (70.59%) Microsoft 365
3 12 (70.59%) VMware Infrastructure
3 12 (70.59%) Migration
3 12 (70.59%) VMware
3 12 (70.59%) Risk Management
3 12 (70.59%) DHCP
3 12 (70.59%) DNS
3 12 (70.59%) Active Directory
3 12 (70.59%) Social Skills
4 9 (52.94%) Cost Optimisation
4 9 (52.94%) Microsoft
4 9 (52.94%) Microsoft Intune
5 3 (17.65%) ISMS
5 3 (17.65%) PCI DSS
5 3 (17.65%) COBIT
5 3 (17.65%) Internet
5 3 (17.65%) Information Security Management
5 3 (17.65%) Data Security
5 3 (17.65%) Security Management
5 3 (17.65%) GDPR
6 2 (11.76%) ISO 27001 Lead Auditor
6 2 (11.76%) Compliance Audit
6 2 (11.76%) Regulatory Compliance

Technical Consultant 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:

Business Applications
1 1 (5.88%) Temenos T24
Cloud Services
1 14 (82.35%) Azure
2 12 (70.59%) Microsoft 365
3 2 (11.76%) AWS
Communications & Networking
1 12 (70.59%) DHCP
1 12 (70.59%) DNS
2 3 (17.65%) Internet
General
1 15 (88.24%) Finance
2 12 (70.59%) Social Skills
3 1 (5.88%) Spanish Language
3 1 (5.88%) Telecoms
Miscellaneous
1 1 (5.88%) Management Information System
Processes & Methodologies
1 15 (88.24%) Cybersecurity
1 15 (88.24%) Information Security
2 12 (70.59%) Change Control
2 12 (70.59%) Migration
2 12 (70.59%) Risk Management
3 9 (52.94%) Cost Optimisation
4 3 (17.65%) Data Security
4 3 (17.65%) Information Security Management
4 3 (17.65%) ISMS
4 3 (17.65%) Security Management
5 2 (11.76%) Compliance Audit
5 2 (11.76%) Regulatory Compliance
6 1 (5.88%) OWASP
6 1 (5.88%) Presales
Qualifications
1 2 (11.76%) ISO 27001 Lead Auditor
2 1 (5.88%) ISO 27001 Lead Implementer
Quality Assurance & Compliance
1 15 (88.24%) ISO/IEC 27001
2 3 (17.65%) COBIT
2 3 (17.65%) GDPR
2 3 (17.65%) PCI DSS
3 1 (5.88%) NCSC
System Software
1 12 (70.59%) Active Directory
1 12 (70.59%) Hyper-V
1 12 (70.59%) VMware Infrastructure
Systems Management
1 9 (52.94%) Microsoft Intune
Vendors
1 12 (70.59%) VMware
2 9 (52.94%) Microsoft