The median contractor rate for a Chief Technology Officer was £500 per day in advertised job vacancies in London during the 3 months to 22 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.

Chief Technology Officer (CTO)
England / London
3 months to
22 Jun 2017
Same period 2016 Same period 2015
Rank 411 417 417
Rank change year-on-year +6 0  
Contract jobs requiring a Chief Technology Officer 5 14 11
As % of all contract IT jobs advertised in London 0.024% 0.064% 0.047%
As % of the Job Titles category 0.025% 0.068% 0.050%
Number of daily rates quoted 3 13 7
Median daily rate £500 £850 £880
Median daily rate % change year-on-year -41.17% -3.40%  
90% offered a daily rate of more than £400 £625 £664
10% offered a daily rate of more than £1,100 £1,380 £1,170
UK excluding London median daily rate £447 £700 £1,025
% change year-on-year -36.10% -31.70%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in 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
London
Contract job vacancies with a job title containing a recognized job role 19665 20680 22203
As % of all contract IT job vacancies advertised in London 94.86% 95.26% 94.65%
Number of daily rates quoted 14033 15001 15472
Median daily rate £500 £463 £445
Median daily rate % change year-on-year +8.10% +3.93%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £605
UK excluding London median daily rate £400 £400 £373
% change year-on-year - +7.38%  
Number of hourly rates quoted 251 230 384
Median hourly rate £19.82 £18.00 £18.70
Median hourly rate % change year-on-year +10.11% -3.74%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.83 £43.57 £52.17
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

Chief Technology Officer
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Chief Technology Officer in the job title.

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 3 months to 22 June 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 3 months to 22 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Uxbridge - 1 £1,250 -
Chief Technology Officer
England

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

For the 6 months to 22 June 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 14 (70.00%) Finance
2 12 (60.00%) DevOps
3 7 (35.00%) Agile Software Development
4 6 (30.00%) TDD
4 6 (30.00%) SaaS
5 5 (25.00%) Software Engineering
6 4 (20.00%) Product Management
6 4 (20.00%) Scrum
7 3 (15.00%) Continuous Integration
8 2 (10.00%) Amazon AWS
8 2 (10.00%) IT Strategy
8 2 (10.00%) Fintech
8 2 (10.00%) Heroku
8 2 (10.00%) User Experience
8 2 (10.00%) E-Commerce
9 1 (5.00%) Service Management
9 1 (5.00%) Service Delivery
9 1 (5.00%) Telecoms
9 1 (5.00%) Programme Management
9 1 (5.00%) HTML
9 1 (5.00%) Java
9 1 (5.00%) PHP
9 1 (5.00%) CSS
9 1 (5.00%) Ruby
9 1 (5.00%) Microsoft PowerPoint
9 1 (5.00%) Ruby on Rails
9 1 (5.00%) Marketing
9 1 (5.00%) Technical Architecture
9 1 (5.00%) Business Development
9 1 (5.00%) Operations Management

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:

Applications
1 1 (5.00%) Microsoft PowerPoint
Cloud Services
1 6 (30.00%) SaaS
2 2 (10.00%) Amazon AWS
2 2 (10.00%) Heroku
3 1 (5.00%) GitHub
3 1 (5.00%) IaaS
3 1 (5.00%) PaaS
Database & Business Intelligence
1 1 (5.00%) Big Data
1 1 (5.00%) Blockchain
General
1 14 (70.00%) Finance
2 1 (5.00%) Billing
2 1 (5.00%) Games
2 1 (5.00%) Marketing
2 1 (5.00%) Telecoms
Libraries, Frameworks & Software Standards
1 1 (5.00%) CSS
1 1 (5.00%) CSS3
1 1 (5.00%) HTML
1 1 (5.00%) HTML5
1 1 (5.00%) jQuery
1 1 (5.00%) Ruby on Rails
1 1 (5.00%) ServiceStack
1 1 (5.00%) Velocity
Miscellaneous
1 2 (10.00%) Fintech
1 2 (10.00%) User Experience
2 1 (5.00%) Data Centre
2 1 (5.00%) Hybrid Cloud
2 1 (5.00%) Minimum Viable Product
Operating Systems
1 1 (5.00%) Android
1 1 (5.00%) Apple iOS
Processes & Methodologies
1 12 (60.00%) DevOps
2 7 (35.00%) Agile Software Development
3 6 (30.00%) TDD
4 5 (25.00%) Software Engineering
5 4 (20.00%) Product Management
5 4 (20.00%) Scrum
6 3 (15.00%) Continuous Integration
7 2 (10.00%) E-Commerce
7 2 (10.00%) IT Strategy
8 1 (5.00%) API Development
8 1 (5.00%) Budgeting and Forecasting
8 1 (5.00%) Business Development
8 1 (5.00%) Operations Management
8 1 (5.00%) Programme Delivery
8 1 (5.00%) Programme Management
8 1 (5.00%) SDLC
8 1 (5.00%) Service Delivery
8 1 (5.00%) Service Management
8 1 (5.00%) Stakeholder Management
8 1 (5.00%) Technical Architecture
Programming Languages
1 1 (5.00%) Java
1 1 (5.00%) PHP
1 1 (5.00%) Ruby
Quality Assurance & Compliance
1 1 (5.00%) QA