The median contractor rate for a Principal Engineer was £550 per day in advertised job vacancies in London during the 3 months to 27 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.

Principal Engineer
England / London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 414 421 433
Rank change year-on-year +7 +12  
Contract jobs requiring a Principal Engineer 10 6 1
As % of all contract IT jobs advertised in London 0.048% 0.028% 0.004%
As % of the Job Titles category 0.051% 0.029% 0.005%
Number of daily rates quoted 9 2 1
Median daily rate £550 £525 £475
Median daily rate % change year-on-year +4.76% +10.52%  
UK excluding London median daily rate £500 £650 -
% change year-on-year -23.07% -  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £53.00 - £40.00

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 19752 20748 21808
As % of all contract IT job vacancies advertised in London 94.88% 95.27% 94.67%
Number of daily rates quoted 14071 15056 15231
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £298 £275
10% offered a daily rate of more than £650 £625 £601
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 251 228 364
Median hourly rate £19.82 £17.89 £19.61
Median hourly rate % change year-on-year +10.81% -8.78%  
90% offered a hourly rate of more than £12.50 £11.85 £11.00
10% offered a hourly rate of more than £47.00 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

Principal Engineer
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Principal Engineer in the job title.

Job vacancy trend for Principal Engineer in London

Principal Engineer
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Principal Engineer in London.

Contractor daily rate trend for Principal Engineer in London

Principal Engineer
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Principal Engineer in London.

Contractor hourly rate trend for Principal Engineer in London

Principal Engineer
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 Principal Engineer within the London region over the 3 months to 27 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
City of London -1 1 £475 -26.92% 1
Principal Engineer
England

Principal Engineer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 27 June 2017, Principal Engineer 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 Principal Engineer in the job title.

1 11 (78.57%) Java
1 11 (78.57%) Amazon AWS
1 11 (78.57%) DevOps
2 10 (71.43%) Spring
3 8 (57.14%) Windows
3 8 (57.14%) Scrum
4 7 (50.00%) Jenkins
4 7 (50.00%) GitLab
4 7 (50.00%) AWS CloudFormation
4 7 (50.00%) Continuous Delivery
4 7 (50.00%) Elastic Stack
4 7 (50.00%) Hibernate
4 7 (50.00%) Kanban
4 7 (50.00%) CentOS
4 7 (50.00%) Red Hat Enterprise Linux
4 7 (50.00%) RabbitMQ
4 7 (50.00%) Redis
4 7 (50.00%) Linux
4 7 (50.00%) Tomcat
4 7 (50.00%) MySQL
4 7 (50.00%) Configuration Management
5 6 (42.86%) Docker
6 5 (35.71%) Agile Software Development
7 4 (28.57%) TDD
7 4 (28.57%) Scala
7 4 (28.57%) Web Services
7 4 (28.57%) Greenfield Project
8 3 (21.43%) Continuous Deployment
8 3 (21.43%) Dropwizard
8 3 (21.43%) Ansible

Principal Engineer 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 7 (50.00%) Tomcat
Cloud Services
1 11 (78.57%) Amazon AWS
2 7 (50.00%) AWS CloudFormation
3 2 (14.29%) Datadog
4 1 (7.14%) Azure Machine Learning
4 1 (7.14%) Microsoft Azure
Communications & Networking
1 3 (21.43%) HTTP
2 1 (7.14%) ATM
2 1 (7.14%) Firewall
2 1 (7.14%) Network Security
2 1 (7.14%) TCP/IP
2 1 (7.14%) VLAN
2 1 (7.14%) WAN
Database & Business Intelligence
1 7 (50.00%) MySQL
1 7 (50.00%) Redis
2 3 (21.43%) Hazelcast
3 2 (14.29%) MongoDB
3 2 (14.29%) NoSQL
3 2 (14.29%) Riak
4 1 (7.14%) Apache Cassandra
4 1 (7.14%) Big Data
4 1 (7.14%) CouchDB
Development Applications
1 7 (50.00%) GitLab
1 7 (50.00%) Jenkins
2 3 (21.43%) Team Foundation Server
3 2 (14.29%) Apache Archiva
3 2 (14.29%) Artifactory
3 2 (14.29%) MSI
3 2 (14.29%) NuGet
3 2 (14.29%) Sonatype Nexus
3 2 (14.29%) TeamCity
4 1 (7.14%) Git (software)
General
1 1 (7.14%) Finance
Libraries, Frameworks & Software Standards
1 10 (71.43%) Spring
2 7 (50.00%) Elastic Stack
2 7 (50.00%) Hibernate
2 7 (50.00%) RabbitMQ
3 4 (28.57%) Web Services
4 3 (21.43%) Dropwizard
4 3 (21.43%) Guava
5 1 (7.14%) .NET
5 1 (7.14%) .NET Core
5 1 (7.14%) .NET Framework
5 1 (7.14%) Angular 2
5 1 (7.14%) AngularJS
5 1 (7.14%) ASP.NET
5 1 (7.14%) ASP.NET MVC
5 1 (7.14%) ASP.NET Web API
5 1 (7.14%) CSS
5 1 (7.14%) Entity Framework
5 1 (7.14%) React
5 1 (7.14%) REST
5 1 (7.14%) XML
Miscellaneous
1 4 (28.57%) Greenfield Project
2 1 (7.14%) Data Centre
2 1 (7.14%) Semantic Web
Operating Systems
1 8 (57.14%) Windows
2 7 (50.00%) CentOS
2 7 (50.00%) Linux
2 7 (50.00%) Red Hat Enterprise Linux
3 1 (7.14%) Windows Server
3 1 (7.14%) Windows Server 2008
3 1 (7.14%) Windows Server 2012
Processes & Methodologies
1 11 (78.57%) DevOps
2 8 (57.14%) Scrum
3 7 (50.00%) Configuration Management
3 7 (50.00%) Continuous Delivery
3 7 (50.00%) Kanban
4 5 (35.71%) Agile Software Development
5 4 (28.57%) TDD
6 3 (21.43%) API Design
6 3 (21.43%) Continuous Deployment
7 2 (14.29%) BDD
7 2 (14.29%) Machine Learning
8 1 (7.14%) Change Management
8 1 (7.14%) Data Architecture
8 1 (7.14%) Data Ingestion
8 1 (7.14%) Migration
8 1 (7.14%) Mobile Development
8 1 (7.14%) MVC
8 1 (7.14%) Performance Tuning
8 1 (7.14%) SOLID
8 1 (7.14%) Time Management
Programming Languages
1 11 (78.57%) Java
2 4 (28.57%) Scala
3 3 (21.43%) C#
4 1 (7.14%) JavaScript
4 1 (7.14%) SQL
System Software
1 6 (42.86%) Docker
2 1 (7.14%) Active Directory
Systems Management
1 3 (21.43%) Ansible
1 3 (21.43%) Opscode Chef
1 3 (21.43%) Puppet
2 2 (14.29%) Kubernetes
Vendors
1 2 (14.29%) AppDynamics
1 2 (14.29%) Dynatrace
1 2 (14.29%) New Relic
2 1 (7.14%) F5
2 1 (7.14%) Microsoft
2 1 (7.14%) Xamarin
Greenford, Middlesex
Modis International
Rate: £400 - £437 per day
Posted: 14 hours ago
London
Computer Futures
Rate: competitive
Posted: 7 days ago