The median contractor rate for a Technical Specialist was £500 per day in advertised job vacancies in the City of London during the 3 months to 24 June 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 Specialist
London / City of London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 162 159 198
Rank change year-on-year -3 +39  
Contract jobs requiring a Technical Specialist 4 6 10
As % of all contract IT jobs advertised in the City of London 0.12% 0.18% 0.17%
As % of the Job Titles category 0.13% 0.19% 0.18%
Number of daily rates quoted 3 4 5
Median daily rate £500 £463 £575
Median daily rate % change year-on-year +8.10% -19.56%  
UK excluding London median daily rate £400 £423 £350
% change year-on-year -5.32% +20.71%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £23.50 £40.00
% change year-on-year - -41.25%  

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 3118 3240 5517
As % of all contract IT job vacancies advertised in the City of London 95.47% 95.77% 94.79%
Number of daily rates quoted 2387 2631 4253
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 £325 £313 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 37 38 98
Median hourly rate £18.70 £19.00 £19.00
Median hourly rate % change year-on-year -1.60% -  
90% offered a hourly rate of more than £12.54 £12.50 £10.50
10% offered a hourly rate of more than £30.00 £31.50 £37.05
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Technical Specialist
Job Vacancy Trend in the City of London

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

Job vacancy trend for Technical Specialist in the City of London

Technical Specialist
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 Specialist in the City of London.

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

Technical Specialist
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 Specialist in the City of London.

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

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

For the 6 months to 24 June 2017, Technical Specialist 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 Specialist in the job title.

1 3 (60.00%) TCP/IP
1 3 (60.00%) Finance
1 3 (60.00%) Unix
2 2 (40.00%) Vulnerability Management
2 2 (40.00%) E-Discovery
2 2 (40.00%) Cybersecurity
2 2 (40.00%) Fortinet
2 2 (40.00%) Network Security
2 2 (40.00%) Threat Management
2 2 (40.00%) SANS
2 2 (40.00%) Threat Detection
2 2 (40.00%) Host Intrusion Detection System
2 2 (40.00%) Forensic Analysis
2 2 (40.00%) GCIA
2 2 (40.00%) GCIH
2 2 (40.00%) Computer Forensics
2 2 (40.00%) Network Design
2 2 (40.00%) Intrusion Detection
2 2 (40.00%) Windows
2 2 (40.00%) Linux
2 2 (40.00%) Information Security
2 2 (40.00%) Legal
2 2 (40.00%) Network+ Certification
2 2 (40.00%) GIAC
2 2 (40.00%) CISSP
2 2 (40.00%) CNA
2 2 (40.00%) Novell Certification
2 2 (40.00%) Symantec
2 2 (40.00%) Firewall
3 1 (20.00%) Management Information System

Technical Specialist 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:

Communications & Networking
1 3 (60.00%) TCP/IP
2 2 (40.00%) Firewall
2 2 (40.00%) Intrusion Detection
2 2 (40.00%) Network Security
Database & Business Intelligence
1 1 (20.00%) Big Data
1 1 (20.00%) BusinessObjects Business Intelligence
1 1 (20.00%) RDBMS
1 1 (20.00%) Relational Database
1 1 (20.00%) SQL Server
General
1 3 (60.00%) Finance
2 2 (40.00%) Legal
3 1 (20.00%) Back Office
3 1 (20.00%) Banking
3 1 (20.00%) Front Office
3 1 (20.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (20.00%) FIX Protocol
1 1 (20.00%) SOAP
1 1 (20.00%) XML
Miscellaneous
1 1 (20.00%) Analytical Skills
1 1 (20.00%) Derivative
1 1 (20.00%) Fixed Income
1 1 (20.00%) Management Information System
Operating Systems
1 3 (60.00%) Unix
2 2 (40.00%) Linux
2 2 (40.00%) Windows
Processes & Methodologies
1 2 (40.00%) Computer Forensics
1 2 (40.00%) Cybersecurity
1 2 (40.00%) E-Discovery
1 2 (40.00%) Forensic Analysis
1 2 (40.00%) Information Security
1 2 (40.00%) Network Design
1 2 (40.00%) Threat Detection
1 2 (40.00%) Threat Management
1 2 (40.00%) Vulnerability Management
2 1 (20.00%) API Integration
2 1 (20.00%) Business Analysis
2 1 (20.00%) Business Intelligence
2 1 (20.00%) Capacity Planning
2 1 (20.00%) Client Onboarding
2 1 (20.00%) Configuration Management
2 1 (20.00%) Data Analysis
2 1 (20.00%) Data Integration
2 1 (20.00%) Data Transformation
2 1 (20.00%) Electronic Trading
2 1 (20.00%) SIEM
Programming Languages
1 1 (20.00%) SQL
Qualifications
1 2 (40.00%) CISSP
1 2 (40.00%) CNA
1 2 (40.00%) GCIA
1 2 (40.00%) GCIH
1 2 (40.00%) GIAC
1 2 (40.00%) Network+ Certification
1 2 (40.00%) Novell Certification
1 2 (40.00%) SANS
Quality Assurance & Compliance
1 1 (20.00%) QA
Systems Management
1 2 (40.00%) Host Intrusion Detection System
Vendors
1 2 (40.00%) Fortinet
1 2 (40.00%) Symantec
2 1 (20.00%) Microsoft
2 1 (20.00%) Oracle
2 1 (20.00%) SAP
2 1 (20.00%) Splunk