The median contractor rate for a Technical Manager was £500 per day in advertised job vacancies in the City of London during the 3 months to 30 March 2017.

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 Manager
London / City of London
3 months to
30 Mar 2017
Same period 2016 Same period 2015
Rank 131 141 164
Rank change year-on-year +10 +23  
Contract jobs requiring a Technical Manager 20 22 32
As % of all contract IT jobs advertised in the City of London 0.64% 0.65% 0.62%
As % of the Job Titles category 0.68% 0.68% 0.65%
Number of daily rates quoted 11 18 21
Median daily rate £500 £496 £410
Median daily rate % change year-on-year +0.75% +21.03%  
90% offered a daily rate of more than £375 £343 £288
10% offered a daily rate of more than £550 £600 £525
UK excluding London median daily rate £438 £425 £418
% change year-on-year +2.94% +1.79%  
Number of hourly rates quoted 1 0 0
Median hourly rate £26.80 - -
UK excluding London median hourly rate £55.00 £34.00 £39.25
% change year-on-year +61.76% -13.37%  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 2952 3240 4937
As % of all contract IT job vacancies advertised in the City of London 95.16% 95.18% 96.09%
Number of daily rates quoted 2287 2586 3734
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £310 £308 £276
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 33 47 71
Median hourly rate £19.00 £20.00 £18.50
Median hourly rate % change year-on-year -4.97% +8.08%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £47.50 £27.37
UK excluding London median hourly rate £17.50 £19.00 £17.00
% change year-on-year -7.89% +11.76%  

Technical Manager
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Technical Manager in the job title.

Job vacancy trend for Technical Manager in the City of London

Technical Manager
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Technical Manager in the City of London.

Contractor daily rate trend for Technical Manager in the City of London

Technical Manager
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Technical Manager in the City of London over the 3 months to 30 March 2017.

Contractor daily rate histogram for Technical Manager in the City of London

Technical Manager
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Technical Manager in the City of London.

Contractor hourly rate trend for Technical Manager in the City of London

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

For the 6 months to 30 March 2017, Technical Manager contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Technical Manager in the job title.

1 9 (29.03%) Agile Software Development
2 7 (22.58%) Microsoft
2 7 (22.58%) Project Management
2 7 (22.58%) Finance
3 6 (19.35%) MS Office
4 5 (16.13%) Web Services
4 5 (16.13%) Stakeholder Management
4 5 (16.13%) Office 365
4 5 (16.13%) Amazon AWS
5 4 (12.90%) Bloomberg
5 4 (12.90%) Drupal
5 4 (12.90%) Security Cleared
6 3 (9.68%) Migration
6 3 (9.68%) Windows
6 3 (9.68%) B2B
6 3 (9.68%) Data Centre
6 3 (9.68%) Fintech
7 2 (6.45%) SC Cleared
7 2 (6.45%) Relational Database
7 2 (6.45%) Release Management
7 2 (6.45%) RDBMS
7 2 (6.45%) PRINCE2
7 2 (6.45%) Cisco
7 2 (6.45%) Linux
7 2 (6.45%) Python
7 2 (6.45%) Active Directory
7 2 (6.45%) MS Excel
7 2 (6.45%) Programme Management
7 2 (6.45%) Telecoms
7 2 (6.45%) Scrum

Technical 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 (12.90%) Drupal
2 1 (3.23%) Adobe Experience Manager
2 1 (3.23%) OpenStack
2 1 (3.23%) Skype for Business
Applications
1 6 (19.35%) MS Office
2 2 (6.45%) MS Excel
3 1 (3.23%) MS PowerPoint
3 1 (3.23%) MS Project
3 1 (3.23%) MS Visio
Cloud Services
1 5 (16.13%) Amazon AWS
1 5 (16.13%) Office 365
2 1 (3.23%) Microsoft Azure
Communications & Networking
1 1 (3.23%) Cisco Wireless
1 1 (3.23%) HTTP
1 1 (3.23%) LAN
1 1 (3.23%) Skype
1 1 (3.23%) Software-Defined Networking
1 1 (3.23%) WebEx
1 1 (3.23%) Wi-Fi
1 1 (3.23%) Wireless
1 1 (3.23%) WLAN
Database & Business Intelligence
1 2 (6.45%) RDBMS
1 2 (6.45%) Relational Database
2 1 (3.23%) DB2
2 1 (3.23%) QlikView
Development Applications
1 2 (6.45%) JIRA
2 1 (3.23%) Git (software)
2 1 (3.23%) Hudson
2 1 (3.23%) Jenkins
2 1 (3.23%) TeamCity
2 1 (3.23%) Visual Studio
General
1 7 (22.58%) Finance
2 2 (6.45%) Banking
2 2 (6.45%) Front Office
2 2 (6.45%) Telecoms
3 1 (3.23%) Financial Institution
3 1 (3.23%) Investment Banking
3 1 (3.23%) Marketing
3 1 (3.23%) Retail
Libraries, Frameworks & Software Standards
1 5 (16.13%) Web Services
2 1 (3.23%) J2SE
2 1 (3.23%) JSON
2 1 (3.23%) REST
2 1 (3.23%) SOAP
2 1 (3.23%) XML
2 1 (3.23%) XMPP
Miscellaneous
1 3 (9.68%) Data Centre
1 3 (9.68%) Fintech
2 1 (3.23%) Analytical Skills
2 1 (3.23%) Fixed Income
2 1 (3.23%) PMI
2 1 (3.23%) Public Cloud
2 1 (3.23%) STB
2 1 (3.23%) Video Conferencing
2 1 (3.23%) Virtual Team
Operating Systems
1 3 (9.68%) Windows
2 2 (6.45%) Linux
3 1 (3.23%) Android
3 1 (3.23%) Apple iOS
3 1 (3.23%) Windows 10
Processes & Methodologies
1 9 (29.03%) Agile Software Development
2 7 (22.58%) Project Management
3 5 (16.13%) Stakeholder Management
4 3 (9.68%) B2B
4 3 (9.68%) Migration
5 2 (6.45%) Business Analysis
5 2 (6.45%) Change Management
5 2 (6.45%) PRINCE2
5 2 (6.45%) Programme Management
5 2 (6.45%) Release Management
5 2 (6.45%) Scrum
6 1 (3.23%) BDD
6 1 (3.23%) Continuous Integration
6 1 (3.23%) Data Migration
6 1 (3.23%) Electronic Trading
6 1 (3.23%) Financial Modelling
6 1 (3.23%) ITIL V3
6 1 (3.23%) Stakeholder Engagement
6 1 (3.23%) System Testing
6 1 (3.23%) Waterfall
Programming Languages
1 2 (6.45%) Python
2 1 (3.23%) Java
2 1 (3.23%) Perl
2 1 (3.23%) PowerShell
2 1 (3.23%) Ruby
2 1 (3.23%) Shell Script
2 1 (3.23%) SQL
Qualifications
1 4 (12.90%) Security Cleared
2 2 (6.45%) SC Cleared
3 1 (3.23%) CTC Cleared
3 1 (3.23%) DV Cleared
3 1 (3.23%) ISEB
3 1 (3.23%) PMI Certification
3 1 (3.23%) PRINCE2 Certification
3 1 (3.23%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 2 (6.45%) QA
2 1 (3.23%) Dodd-Frank
2 1 (3.23%) EMIR
2 1 (3.23%) MiFID
2 1 (3.23%) PMO
2 1 (3.23%) SLA
System Software
1 2 (6.45%) Active Directory
2 1 (3.23%) Hyper-V
2 1 (3.23%) VMware Infrastructure
Systems Management
1 1 (3.23%) SCCM
Vendors
1 7 (22.58%) Microsoft
2 4 (12.90%) Bloomberg
3 2 (6.45%) Cisco
4 1 (3.23%) Adobe
4 1 (3.23%) Cognos
4 1 (3.23%) EMC
4 1 (3.23%) Hitachi
4 1 (3.23%) Meraki
4 1 (3.23%) Mitel
4 1 (3.23%) NetApp
4 1 (3.23%) Oracle
4 1 (3.23%) Polycom
4 1 (3.23%) Sybase
4 1 (3.23%) VMware