Period
to 21 November 2017

The median contractor rate for a Chief Technology Officer was £750 per day in advertised job vacancies in London during the 6 months to 21 November 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.

Chief Technology Officer (CTO)
England > London
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 611 596 600
Rank change year-on-year -15 +4 -16
Contract jobs requiring a Chief Technology Officer 23 19 10
As % of all contract IT jobs advertised in London 0.049% 0.042% 0.021%
As % of the Job Titles category 0.052% 0.045% 0.023%
Number of daily rates quoted 19 12 7
London median daily rate £750 £788 £1,000
Median daily rate % change year-on-year -4.76% -21.25% +42.86%
10th Percentile £545 £571 £800
90th Percentile £1,035 £1,368 £1,235
England median daily rate £825 £775 £1,000
% change year-on-year +6.45% -22.50% +42.86%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in 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
London
Contract vacancies in London with a recognized job title 44629 42675 44230
% of contract IT jobs with a recognized job title 94.82% 94.99% 95.02%
Number of daily rates quoted 32318 30339 31174
London median daily rate £495 £460 £450
Median daily rate % change year-on-year +7.61% +2.22% +5.88%
10th Percentile £300 £288 £268
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 553 554 685
London median hourly rate £20.44 £19.77 £19.00
Median hourly rate % change year-on-year +3.38% +4.04% +8.57%
10th Percentile £12.50 £11.50 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.50 £18.50 £18.00
% change year-on-year - +2.78% +9.09%

Chief Technology Officer
Job Vacancy Trend in London

Job postings that featured Chief Technology Officer in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Chief Technology Officer in London

Chief Technology Officer
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Chief Technology Officer in London.

Contractor daily rate trend for Chief Technology Officer in London

Chief Technology Officer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Chief Technology Officer in London over the 6 months to 21 November 2017.

Contractor daily rate histogram for Chief Technology Officer in London

Chief Technology Officer
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Chief Technology Officer within the London region over the 6 months to 21 November 2017. 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
Central London +11 8 £735 -13.53% 3
South London - 1 £875 - 1
Chief Technology Officer
England

Chief Technology Officer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 21 November 2017, Chief Technology Officer 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 London region featuring Chief Technology Officer in the job title.

1 8 (34.78%) Finance
1 8 (34.78%) Agile Software Development
2 7 (30.43%) IT Strategy
3 5 (21.74%) Security Testing
3 5 (21.74%) Asset Management
3 5 (21.74%) Programme Management
3 5 (21.74%) Business Intelligence
3 5 (21.74%) Project Management
4 4 (17.39%) PRINCE2 Certification
4 4 (17.39%) PRINCE2
4 4 (17.39%) Software Engineering
5 3 (13.04%) Firmware
5 3 (13.04%) QA
5 3 (13.04%) Security Cleared
5 3 (13.04%) Prototyping
5 3 (13.04%) Mentoring
5 3 (13.04%) Mobile App
6 2 (8.70%) Fintech
6 2 (8.70%) Blockchain
6 2 (8.70%) CTC Cleared
6 2 (8.70%) Telecoms
6 2 (8.70%) Microsoft Azure
6 2 (8.70%) Continuous Improvement
6 2 (8.70%) Machine Learning
6 2 (8.70%) Service Management
6 2 (8.70%) .NET
6 2 (8.70%) C
6 2 (8.70%) Java
6 2 (8.70%) Artificial Intelligence
6 2 (8.70%) Python

Chief Technology Officer Skill Set
Co-occurring IT Skills in 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 (4.35%) OpenStack
Cloud Services
1 2 (8.70%) Microsoft Azure
2 1 (4.35%) Amazon AWS
2 1 (4.35%) IaaS
Database & Business Intelligence
1 2 (8.70%) Blockchain
General
1 8 (34.78%) Finance
2 2 (8.70%) Telecoms
3 1 (4.35%) Back Office
3 1 (4.35%) Retail
Libraries, Frameworks & Software Standards
1 2 (8.70%) .NET
2 1 (4.35%) Node.js
2 1 (4.35%) React
Miscellaneous
1 3 (13.04%) Mobile App
2 2 (8.70%) Fintech
Operating Systems
1 1 (4.35%) Linux
1 1 (4.35%) Windows
1 1 (4.35%) Windows Server
Processes & Methodologies
1 8 (34.78%) Agile Software Development
2 7 (30.43%) IT Strategy
3 5 (21.74%) Asset Management
3 5 (21.74%) Business Intelligence
3 5 (21.74%) Programme Management
3 5 (21.74%) Project Management
3 5 (21.74%) Security Testing
4 4 (17.39%) PRINCE2
4 4 (17.39%) Software Engineering
5 3 (13.04%) Mentoring
5 3 (13.04%) Prototyping
6 2 (8.70%) Artificial Intelligence
6 2 (8.70%) Continuous Improvement
6 2 (8.70%) Machine Learning
6 2 (8.70%) Service Management
7 1 (4.35%) Enterprise Architecture
7 1 (4.35%) Migration
7 1 (4.35%) Risk Management
7 1 (4.35%) TDD
7 1 (4.35%) Web Development
Programming Languages
1 2 (8.70%) C
1 2 (8.70%) Java
1 2 (8.70%) Python
2 1 (4.35%) Bourne shell
2 1 (4.35%) JavaScript
2 1 (4.35%) PHP
2 1 (4.35%) PowerShell
2 1 (4.35%) Ruby
Qualifications
1 4 (17.39%) PRINCE2 Certification
2 3 (13.04%) Security Cleared
3 2 (8.70%) CTC Cleared
4 1 (4.35%) Degree
4 1 (4.35%) DV Cleared
4 1 (4.35%) SC Cleared
Quality Assurance & Compliance
1 3 (13.04%) QA
System Software
1 3 (13.04%) Firmware
2 1 (4.35%) Docker
Systems Management
1 1 (4.35%) Kubernetes
Vendors
1 1 (4.35%) Rackspace