Chief Technology Officer (CTO)
UK
The median Chief Technology Officer (CTO) daily rate in the UK is £785 according to job vacancies posted during the 6 months to 23 April 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 23 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 575 | 684 | 843 |
| Rank change year-on-year | +109 | +159 | -168 |
| Contract jobs requiring a Chief Technology Officer | 16 | 23 | 19 |
| As % of all contract jobs advertised in the UK | 0.037% | 0.038% | 0.021% |
| As % of the Job Titles category | 0.040% | 0.040% | 0.022% |
| Number of daily rates quoted | 10 | 10 | 15 |
| 10th Percentile | £623 | £580 | £629 |
| 25th Percentile | £643 | £606 | £700 |
| Median daily rate (50th Percentile) | £785 | £750 | £850 |
| Median % change year-on-year | +4.67% | -11.76% | +11.48% |
| 75th Percentile | £958 | £875 | £1,100 |
| 90th Percentile | £1,308 | £925 | £1,420 |
| UK excluding London median daily rate | - | £656 | £717 |
| % change year-on-year | - | -8.47% | -1.10% |
All Contract IT Job Vacancies
UK
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.
| Contract vacancies in the UK with a recognized job title | 40,491 | 57,026 | 85,241 |
| % of contract IT jobs with a recognized job title | 92.76% | 94.56% | 95.49% |
| Number of daily rates quoted | 26,430 | 39,779 | 59,788 |
| 10th Percentile | £275 | £313 | £313 |
| 25th Percentile | £408 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £725 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,635 | 1,621 | 2,118 |
| 10th Percentile | £12.86 | £14.36 | £12.50 |
| 25th Percentile | £16.30 | £19.50 | £15.50 |
| Median hourly rate | £35.50 | £45.00 | £23.00 |
| Median % change year-on-year | -21.11% | +95.65% | +0.94% |
| 75th Percentile | £60.00 | £65.75 | £48.75 |
| 90th Percentile | £72.50 | £75.99 | £63.00 |
| UK excluding London median hourly rate | £37.50 | £42.50 | £19.50 |
| % change year-on-year | -11.76% | +117.95% | +2.63% |
Chief Technology Officer
Job Vacancy Trend
Job postings that featured Chief Technology Officer in the job title as a proportion of all IT jobs advertised.
Chief Technology Officer
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Chief Technology Officer.
Chief Technology Officer
Daily Rate Histogram
Daily rate distribution for jobs citing Chief Technology Officer over the 6 months to 23 April 2024.
Chief Technology Officer
Top 7 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 23 April 2024. 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 Jobs |
|---|---|---|---|---|---|
| England | +107 | 15 | £750 | - | 29 |
| London | +96 | 11 | £750 | -9.09% | 12 |
| Work from Home | +115 | 5 | £650 | -23.53% | 9 |
| UK excluding London | +55 | 4 | - | - | 16 |
| South East | +21 | 3 | - | - | 3 |
| North of England | +31 | 1 | - | - | 5 |
| Yorkshire | - | 1 | - | - | 1 |
Chief Technology Officer Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 23 April 2024, Chief Technology Officer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads featuring Chief Technology Officer in the job title.
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Chief Technology Officer Skill Set
Co-occurring Skills and Capabilities by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: