Period
to 25 November 2017

The median contractor rate for a Principal Engineer was £420 per day in advertised job vacancies in the South East during the 6 months to 25 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.

Principal Engineer
England > South East
6 months to
25 Nov 2017
Same period 2016 Same period 2015
Rank 372 372 401
Rank change year-on-year 0 +29 -25
Contract jobs requiring a Principal Engineer 4 2 4
As % of all contract IT jobs advertised in the South East 0.024% 0.012% 0.021%
As % of the Job Titles category 0.025% 0.013% 0.022%
Number of daily rates quoted 1 1 4
South East median daily rate £420 £525 £300
Median daily rate % change year-on-year -20.00% +75.00% -7.69%
England median daily rate £475 £625 £450
% change year-on-year -24.00% +38.89% -
Number of hourly rates quoted 0 1 1
South East median hourly rate - £42.00 £39.50
Median hourly rate % change year-on-year - +6.33% -
England median hourly rate £32.50 £43.50 £50.68
% change year-on-year -25.29% -14.17% -3.86%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the South East. 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
South East
Contract vacancies in the South East with a recognized job title 15787 15598 18484
% of contract IT jobs with a recognized job title 94.52% 93.94% 94.90%
Number of daily rates quoted 9372 9268 10872
South East median daily rate £415 £400 £388
Median daily rate % change year-on-year +3.75% +3.23% +6.90%
10th Percentile £236 £225 £231
90th Percentile £575 £550 £525
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 636 783 927
South East median hourly rate £18.00 £19.44 £19.00
Median hourly rate % change year-on-year -7.38% +2.29% +18.75%
10th Percentile £11.00 £10.25 £10.33
90th Percentile £48.75 £48.75 £47.50
England median hourly rate £18.63 £18.48 £18.00
% change year-on-year +0.81% +2.64% +9.09%

Principal Engineer
Job Vacancy Trend in the South East

Job postings that featured Principal Engineer in the job title as a percentage of all IT jobs advertised in the South East.

Job vacancy trend for Principal Engineer in the South East

Principal Engineer
Contractor Daily Rate Trend in the South East

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

Contractor daily rate trend for Principal Engineer in the South East

Principal Engineer
Contractor Hourly Rate Trend in the South East

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

Contractor hourly rate trend for Principal Engineer in the South East

Principal Engineer
Contract Job Locations in the South East

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 South East region over the 6 months to 25 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
Thames Valley -6 2 - - 6
Middlesex - 1 £420 -
Oxfordshire - 1 - - 4
Principal Engineer
England

Principal Engineer Skill Set
Top 30 Co-occurring IT Skills in the South East

For the 6 months to 25 November 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 South East region featuring Principal Engineer in the job title.

1 2 (50.00%) SQL
1 2 (50.00%) SC Cleared
1 2 (50.00%) Security Cleared
2 1 (25.00%) VMware Infrastructure
2 1 (25.00%) PowerShell
2 1 (25.00%) Microsoft Azure
2 1 (25.00%) Rational DOORS
2 1 (25.00%) Signal Processing
2 1 (25.00%) NetScaler
2 1 (25.00%) IaaS
2 1 (25.00%) Data Centre
2 1 (25.00%) Driving Licence
2 1 (25.00%) Windows Server
2 1 (25.00%) Sequence Diagram
2 1 (25.00%) State Machine
2 1 (25.00%) Windows
2 1 (25.00%) UML
2 1 (25.00%) SAS
2 1 (25.00%) IBM
2 1 (25.00%) Microsoft
2 1 (25.00%) EMC
2 1 (25.00%) Juniper
2 1 (25.00%) Firmware
2 1 (25.00%) RequisitePro
2 1 (25.00%) Service Management
2 1 (25.00%) Firewall
2 1 (25.00%) Management Information System
2 1 (25.00%) Workflow
2 1 (25.00%) VMware
2 1 (25.00%) SysML

Principal Engineer Skill Set
Co-occurring IT Skills in the South East 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 (25.00%) SAS
Cloud Services
1 1 (25.00%) IaaS
1 1 (25.00%) Microsoft Azure
Communications & Networking
1 1 (25.00%) Firewall
1 1 (25.00%) NetScaler
Development Applications
1 1 (25.00%) Rational DOORS
1 1 (25.00%) RequisitePro
Libraries, Frameworks & Software Standards
1 1 (25.00%) JSON
Miscellaneous
1 1 (25.00%) Data Centre
1 1 (25.00%) Driving Licence
1 1 (25.00%) Management Information System
1 1 (25.00%) State Machine
Operating Systems
1 1 (25.00%) Windows
1 1 (25.00%) Windows Server
Processes & Methodologies
1 1 (25.00%) Requirements Management
1 1 (25.00%) Sequence Diagram
1 1 (25.00%) Service Management
1 1 (25.00%) Signal Processing
1 1 (25.00%) SysML
1 1 (25.00%) Test Management
1 1 (25.00%) UML
1 1 (25.00%) Use Case
1 1 (25.00%) User Acceptance Testing
1 1 (25.00%) Workflow
Programming Languages
1 2 (50.00%) SQL
2 1 (25.00%) PowerShell
Qualifications
1 2 (50.00%) SC Cleared
1 2 (50.00%) Security Cleared
2 1 (25.00%) Chartered Engineer
2 1 (25.00%) Degree
System Software
1 1 (25.00%) Firmware
1 1 (25.00%) VMware Infrastructure
Vendors
1 1 (25.00%) EMC
1 1 (25.00%) IBM
1 1 (25.00%) Juniper
1 1 (25.00%) Microsoft
1 1 (25.00%) VMware