The median contractor rate for a Principal Consultant was £575 per day in advertised job vacancies during the 3 months to 23 March 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.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Principal Consultant
UK
Rank 567 616 600
Rank change year-on-year +49 -16  
Contract jobs requiring a Principal Consultant 32 12 21
As % of all contract IT jobs advertised in the UK 0.072% 0.023% 0.040%
As % of the Job Titles category 0.075% 0.024% 0.042%
Number of daily rates quoted 21 4 16
Median daily rate £575 £461 £550
Median daily rate % change year-on-year +24.66% -16.13%  
UK excluding London median daily rate £575 £473 £550
% change year-on-year +21.69% -14.09%  
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. 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
UK
Contract job vacancies with a job title containing a recognized job role 42403 50275 49651
As % of all contract IT job vacancies advertised in the UK 94.81% 95.18% 94.82%
Number of daily rates quoted 27453 32530 30008
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £551
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1493 1573 1955
Median hourly rate £18.00 £18.75 £17.50
Median hourly rate % change year-on-year -4.00% +7.14%  
90% offered a hourly rate of more than £11.25 £11.30 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Principal Consultant
Job Vacancy Trend

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

Job vacancy trend for Principal Consultant in the UK

Principal Consultant
Contractor Daily Rate Trend

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

Contractor daily rate trend for Principal Consultant in the UK

Principal Consultant
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Principal Consultant over the 3 months to 23 March 2017.

Contractor daily rate histogram for Principal Consultant in the UK

Principal Consultant
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Principal Consultant in the UK

Principal Consultant
Top 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Principal Consultant within the UK over the 3 months to 23 March 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
England +40 17 £550 +19.13% 24
London +19 5 £663 +47.22% 14
South East +17 5 £525 -4.54% 1
Buckinghamshire -9 5 £525 -
Scotland - 5 £525 -
South West +5 4 £550 +16.29%
Edinburgh - 4 - -
North West +23 3 - - 3
Bristol +6 3 £550 +16.29%
Manchester - 3 - - 2
Milton Keynes - 2 £525 -
Newport Pagnell - 2 £525 -
City of London +7 1 £550 +22.22% 5
Devon - 1 - -
North Lanarkshire - 1 £525 -
Exeter - 1 - -
Motherwell - 1 £525 -

Principal Consultant Skill Set
Top 30 Related IT Skills

For the 6 months to 23 March 2017, Principal Consultant 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 Principal Consultant in the job title.

1 25 (44.64%) Security Cleared
2 24 (42.86%) SC Cleared
3 13 (23.21%) Microsoft
4 11 (19.64%) Oracle
4 11 (19.64%) MS Office
4 11 (19.64%) Cisco
4 11 (19.64%) Analytical Skills
5 10 (17.86%) Mentoring
5 10 (17.86%) Fintech
5 10 (17.86%) MS PowerPoint
5 10 (17.86%) Degree
5 10 (17.86%) Computer Science
5 10 (17.86%) Wealth Management
5 10 (17.86%) Change Management
5 10 (17.86%) ATG
5 10 (17.86%) Retail
5 10 (17.86%) MS Excel
6 9 (16.07%) Windows
6 9 (16.07%) Cisco Certification
6 9 (16.07%) Windows 10
7 8 (14.29%) Office 365
8 6 (10.71%) WAN
8 6 (10.71%) Agile Software Development
9 5 (8.93%) Firewall
9 5 (8.93%) Finance
9 5 (8.93%) Project Management
9 5 (8.93%) Java
9 5 (8.93%) Cisco Nexus
9 5 (8.93%) Load Balancing
9 5 (8.93%) Software Engineering

Principal Consultant Skill Set
Top Related 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:

Applications
1 11 (19.64%) MS Office
2 10 (17.86%) MS Excel
2 10 (17.86%) MS PowerPoint
Business Applications
1 1 (1.79%) SAP Oil and Gas
Cloud Services
1 8 (14.29%) Office 365
2 4 (7.14%) Amazon AWS
3 2 (3.57%) IaaS
3 2 (3.57%) Microsoft Azure
3 2 (3.57%) PaaS
4 1 (1.79%) Data Lake Analytics
4 1 (1.79%) SaaS
Communications & Networking
1 6 (10.71%) WAN
2 5 (8.93%) Cisco Nexus
2 5 (8.93%) Firewall
3 4 (7.14%) BGP
4 3 (5.36%) DHCP
4 3 (5.36%) EIGRP
4 3 (5.36%) F5 BIG-IP LTM
4 3 (5.36%) FCoE
4 3 (5.36%) Fibre Channel
4 3 (5.36%) LAN
4 3 (5.36%) OSPF
4 3 (5.36%) VLAN
4 3 (5.36%) VPN
5 1 (1.79%) Cisco ASA
5 1 (1.79%) Internet
5 1 (1.79%) Network Security
5 1 (1.79%) Wireless
Database & Business Intelligence
1 2 (3.57%) Azure SQL Database
1 2 (3.57%) Data Warehouse
1 2 (3.57%) Power BI
1 2 (3.57%) SQL Server
1 2 (3.57%) SQL Server Analysis Services
1 2 (3.57%) SQL Server Integration Services
2 1 (1.79%) Data Lake
2 1 (1.79%) Microsoft Analysis Services
2 1 (1.79%) OLAP
2 1 (1.79%) PostgreSQL
2 1 (1.79%) QlikView
2 1 (1.79%) SQL Server 2012
2 1 (1.79%) SQL Server 2016
2 1 (1.79%) SQL Server Reporting Services
Development Applications
1 1 (1.79%) Visual Studio
General
1 10 (17.86%) Retail
2 5 (8.93%) Finance
3 2 (3.57%) Legal
3 2 (3.57%) Telecoms
4 1 (1.79%) Banking
4 1 (1.79%) Electronics
4 1 (1.79%) Investment Banking
4 1 (1.79%) Manufacturing
4 1 (1.79%) Marketing
Libraries, Frameworks & Software Standards
1 4 (7.14%) AngularJS
1 4 (7.14%) React
2 1 (1.79%) .NET
2 1 (1.79%) HTML
Miscellaneous
1 11 (19.64%) Analytical Skills
2 10 (17.86%) Computer Science
2 10 (17.86%) Fintech
3 3 (5.36%) User Experience
4 1 (1.79%) Data Centre
4 1 (1.79%) Smartphone
4 1 (1.79%) Virtual Team
Operating Systems
1 9 (16.07%) Windows
1 9 (16.07%) Windows 10
Processes & Methodologies
1 10 (17.86%) Change Management
1 10 (17.86%) Mentoring
1 10 (17.86%) Wealth Management
2 6 (10.71%) Agile Software Development
3 5 (8.93%) Load Balancing
3 5 (8.93%) Project Management
3 5 (8.93%) Software Engineering
4 4 (7.14%) DevOps
4 4 (7.14%) Enterprise Architecture
5 3 (5.36%) Business Intelligence
5 3 (5.36%) Penetration Testing
5 3 (5.36%) Server Building
5 3 (5.36%) Test Scripting
5 3 (5.36%) Use Case
5 3 (5.36%) User Acceptance Testing
5 3 (5.36%) Validation
6 2 (3.57%) Analytics
6 2 (3.57%) Dashboard Development
6 2 (3.57%) Stakeholder Management
7 1 (1.79%) Kimball Methodology
Programming Languages
1 5 (8.93%) Java
2 4 (7.14%) Python
3 2 (3.57%) SQL
4 1 (1.79%) C#
4 1 (1.79%) Data Analysis Expressions (DAX)
4 1 (1.79%) JavaScript
4 1 (1.79%) T-SQL
Qualifications
1 25 (44.64%) Security Cleared
2 24 (42.86%) SC Cleared
3 10 (17.86%) Degree
4 9 (16.07%) Cisco Certification
5 4 (7.14%) CCIE
5 4 (7.14%) CCNA
5 4 (7.14%) CCNP
6 1 (1.79%) DV Cleared
6 1 (1.79%) MCSE
6 1 (1.79%) Microsoft Certification
6 1 (1.79%) Microsoft Certified Master
Quality Assurance & Compliance
1 2 (3.57%) QA
System Software
1 4 (7.14%) Docker
2 1 (1.79%) Virtual Machines
Systems Management
1 4 (7.14%) Ansible
1 4 (7.14%) Cisco Prime
1 4 (7.14%) Kubernetes
1 4 (7.14%) Puppet
2 3 (5.36%) OpenView Configuration Management
3 1 (1.79%) AirWatch
3 1 (1.79%) McAfee ePO
Vendors
1 13 (23.21%) Microsoft
2 11 (19.64%) Cisco
2 11 (19.64%) Oracle
3 10 (17.86%) ATG
4 3 (5.36%) F5
5 2 (3.57%) Becrypt
5 2 (3.57%) Citrix
6 1 (1.79%) Aruba
6 1 (1.79%) CheckPoint
6 1 (1.79%) Intel Security
6 1 (1.79%) Lancope
6 1 (1.79%) SAP
6 1 (1.79%) Sourcefire
6 1 (1.79%) Tableau