Period
to 25 November 2017

The median contractor rate for a Chief Technology Officer was £825 per day in advertised job vacancies 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.

Chief Technology Officer (CTO)
UK
6 months to
25 Nov 2017
Same period 2016 Same period 2015
Rank 841 860 900
Rank change year-on-year +19 +40 -84
Contract jobs requiring a Chief Technology Officer 32 26 13
As % of all contract IT jobs advertised in the UK 0.031% 0.025% 0.011%
As % of the Job Titles category 0.033% 0.026% 0.012%
Number of daily rates quoted 27 16 9
UK median daily rate £825 £763 £1,000
Median daily rate % change year-on-year +8.20% -23.75% +42.96%
10th Percentile £563 £463 £825
90th Percentile £1,285 £1,338 £1,193
UK excluding London median daily rate £888 £700 £1,000
% change year-on-year +26.79% -30.00% +44.20%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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
UK
Contract vacancies in the UK with a recognized job title 97016 99195 108573
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 64030 64673 69073
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2877 3313 4123
UK median hourly rate £18.70 £18.00 £18.05
Median hourly rate % change year-on-year +3.86% -0.28% +9.39%
10th Percentile £10.94 £10.50 £10.50
90th Percentile £47.83 £47.25 £45.25
UK excluding London median hourly rate £17.50 £17.50 £17.77
% change year-on-year - -1.52% +9.96%

Chief Technology Officer
Job Vacancy Trend

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

Job vacancy trend for Chief Technology Officer in the UK

Chief Technology Officer
Contractor Daily Rate Trend

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

Contractor daily rate trend for Chief Technology Officer in the UK

Chief Technology Officer
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Chief Technology Officer over the 6 months to 25 November 2017.

Contractor daily rate histogram for Chief Technology Officer in the UK

Chief Technology Officer
Top 6 Contract Locations

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 UK 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
England +13 32 £825 +8.20% 14
London -11 23 £750 -3.23% 9
UK excluding London +53 9 £888 +26.79% 7
South West - 5 £875 - 1
South East -5 2 £900 +125.00% 1
East of England - 2 £1,225 - 2

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

For the 6 months to 25 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 featuring Chief Technology Officer in the job title.

1 13 (40.63%) IT Strategy
2 10 (31.25%) Finance
3 9 (28.13%) Agile Software Development
4 7 (21.88%) Security Cleared
5 6 (18.75%) Security Testing
5 6 (18.75%) Asset Management
5 6 (18.75%) Project Management
6 5 (15.63%) Business Intelligence
6 5 (15.63%) Programme Management
6 5 (15.63%) SC Cleared
7 4 (12.50%) Business Transformation
7 4 (12.50%) Software Engineering
7 4 (12.50%) PRINCE2 Certification
7 4 (12.50%) PRINCE2
7 4 (12.50%) DV Cleared
7 4 (12.50%) Service Design
8 3 (9.38%) Fintech
8 3 (9.38%) Prototyping
8 3 (9.38%) Firmware
8 3 (9.38%) Telecoms
8 3 (9.38%) Management Information System
8 3 (9.38%) QA
8 3 (9.38%) Enterprise Architecture
8 3 (9.38%) Mobile App
8 3 (9.38%) Mentoring
8 3 (9.38%) Continuous Improvement
9 2 (6.25%) Machine Learning
9 2 (6.25%) CTC Cleared
9 2 (6.25%) Retail
9 2 (6.25%) Microsoft Azure

Chief Technology Officer Skill Set
Co-occurring IT Skills 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 (3.13%) OpenStack
Cloud Services
1 2 (6.25%) Microsoft Azure
2 1 (3.13%) Amazon AWS
2 1 (3.13%) IaaS
2 1 (3.13%) PaaS
2 1 (3.13%) SaaS
Communications & Networking
1 1 (3.13%) Internet
Database & Business Intelligence
1 2 (6.25%) Blockchain
General
1 10 (31.25%) Finance
2 3 (9.38%) Telecoms
3 2 (6.25%) Retail
4 1 (3.13%) Back Office
Libraries, Frameworks & Software Standards
1 2 (6.25%) .NET
2 1 (3.13%) Node.js
2 1 (3.13%) React
Miscellaneous
1 3 (9.38%) Fintech
1 3 (9.38%) Management Information System
1 3 (9.38%) Mobile App
Operating Systems
1 1 (3.13%) Linux
1 1 (3.13%) Windows
1 1 (3.13%) Windows Server
Processes & Methodologies
1 13 (40.63%) IT Strategy
2 9 (28.13%) Agile Software Development
3 6 (18.75%) Asset Management
3 6 (18.75%) Project Management
3 6 (18.75%) Security Testing
4 5 (15.63%) Business Intelligence
4 5 (15.63%) Programme Management
5 4 (12.50%) Business Transformation
5 4 (12.50%) PRINCE2
5 4 (12.50%) Service Design
5 4 (12.50%) Software Engineering
6 3 (9.38%) Continuous Improvement
6 3 (9.38%) Enterprise Architecture
6 3 (9.38%) Mentoring
6 3 (9.38%) Prototyping
7 2 (6.25%) Artificial Intelligence
7 2 (6.25%) Machine Learning
7 2 (6.25%) Migration
7 2 (6.25%) Service Management
7 2 (6.25%) Stakeholder Management
Programming Languages
1 2 (6.25%) C
1 2 (6.25%) Java
1 2 (6.25%) Python
2 1 (3.13%) Bourne shell
2 1 (3.13%) JavaScript
2 1 (3.13%) PHP
2 1 (3.13%) PowerShell
2 1 (3.13%) Ruby
Qualifications
1 7 (21.88%) Security Cleared
2 5 (15.63%) SC Cleared
3 4 (12.50%) DV Cleared
3 4 (12.50%) PRINCE2 Certification
4 2 (6.25%) CTC Cleared
5 1 (3.13%) Degree
Quality Assurance & Compliance
1 3 (9.38%) QA
System Software
1 3 (9.38%) Firmware
2 1 (3.13%) Docker
Systems Management
1 1 (3.13%) Kubernetes
Vendors
1 1 (3.13%) Rackspace