Payments Project Manager Contracts

Project Manager - Payments
UK

The median Project Manager - Payments daily rate in the UK is £600 according to job vacancies posted during the 6 months to 18 May 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
18 May 2024
Same period 2023 Same period 2022
Rank 558 670 819
Rank change year-on-year +112 +149 -116
Contract jobs requiring a Payments Project Manager 13 17 25
As % of all contract jobs advertised in the UK 0.031% 0.030% 0.029%
As % of the Job Titles category 0.033% 0.032% 0.030%
Number of daily rates quoted 8 15 15
10th Percentile £339 £518 £480
25th Percentile £389 £566 £506
Median daily rate (50th Percentile) £600 £613 £575
Median % change year-on-year -2.04% +6.52% +9.52%
75th Percentile £678 £700 £650
90th Percentile £695 £755 £654
UK excluding London median daily rate £363 £613 £575
% change year-on-year -40.82% +6.52% +39.39%

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 39,507 53,867 83,506
% of contract IT jobs with a recognized job title 92.79% 94.60% 95.39%
Number of daily rates quoted 25,718 37,620 58,687
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £544 £525
Median % change year-on-year -3.40% +3.52% +9.38%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,672 1,498 2,036
10th Percentile £12.82 £14.25 £12.50
25th Percentile £16.29 £19.13 £15.75
Median hourly rate £36.50 £45.00 £23.91
Median % change year-on-year -18.89% +88.21% +6.27%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.90 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.50 £20.00
% change year-on-year -5.88% +112.50% +5.26%

Payments Project Manager
Job Vacancy Trend

Job postings that featured Payments Project Manager in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Payments Project Manager in the UK

Payments Project Manager
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Payments Project Manager.

Daily rate trend for Payments Project Manager in the UK

Payments Project Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Payments Project Manager over the 6 months to 18 May 2024.

Daily rate histogram for Payments Project Manager in the UK

Payments Project Manager
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 Payments Project Manager within the UK over the 6 months to 18 May 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 +103 11 £613 -
London +99 10 £625 -7.41%
Work from Home +110 6 £500 -6.98% 1
UK excluding London +53 1 £363 -40.82% 1
North of England +30 1 £363 -40.82%
Yorkshire +12 1 £363 -40.82%

Payments Project Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 18 May 2024, Payments Project Manager 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 Payments Project Manager in the job title.

1 10 (76.92%) Finance
2 8 (61.54%) Banking
3 6 (46.15%) SWIFT Messaging Network
4 5 (38.46%) Agile
5 4 (30.77%) Regulatory Compliance
5 4 (30.77%) User Acceptance Testing
5 4 (30.77%) Social Skills
5 4 (30.77%) Requirements Gathering
5 4 (30.77%) Financial Institution
5 4 (30.77%) Data Mapping
5 4 (30.77%) Stakeholder Management
5 4 (30.77%) Calypso
6 3 (23.08%) Project Management
6 3 (23.08%) ISO 20022
7 2 (15.38%) Time Management
7 2 (15.38%) Fintech
7 2 (15.38%) Problem-Solving
7 2 (15.38%) PRINCE2
7 2 (15.38%) Retail
8 1 (7.69%) Investment Banking
8 1 (7.69%) Google
8 1 (7.69%) Firewall
8 1 (7.69%) Private Banking
8 1 (7.69%) Degree
8 1 (7.69%) Lean Six Sigma
8 1 (7.69%) Stakeholder Engagement
8 1 (7.69%) Waterfall
8 1 (7.69%) Scrum
8 1 (7.69%) PeopleSoft Financials
8 1 (7.69%) PeopleSoft

Payments Project Manager 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:

Business Applications
1 1 (7.69%) PeopleSoft Financials
Cloud Services
1 1 (7.69%) Apple Pay
1 1 (7.69%) Google Pay
Communications & Networking
1 1 (7.69%) Firewall
1 1 (7.69%) RTP
General
1 10 (76.92%) Finance
2 8 (61.54%) Banking
3 4 (30.77%) Financial Institution
3 4 (30.77%) Social Skills
4 2 (15.38%) Retail
5 1 (7.69%) Analytical Skills
5 1 (7.69%) Influencing Skills
5 1 (7.69%) Investment Banking
5 1 (7.69%) Organisational Skills
5 1 (7.69%) Private Banking
Miscellaneous
1 6 (46.15%) SWIFT Messaging Network
2 1 (7.69%) Self-Motivation
Processes & Methodologies
1 5 (38.46%) Agile
2 4 (30.77%) Data Mapping
2 4 (30.77%) Regulatory Compliance
2 4 (30.77%) Requirements Gathering
2 4 (30.77%) Stakeholder Management
2 4 (30.77%) User Acceptance Testing
3 3 (23.08%) Project Management
4 2 (15.38%) Fintech
4 2 (15.38%) PRINCE2
4 2 (15.38%) Problem-Solving
4 2 (15.38%) Time Management
5 1 (7.69%) Accounts Payable
5 1 (7.69%) Contract Negotiation
5 1 (7.69%) Critical Thinking
5 1 (7.69%) Decision-Making
5 1 (7.69%) Lean Six Sigma
5 1 (7.69%) Project Delivery
5 1 (7.69%) Stakeholder Engagement
5 1 (7.69%) Straight-Through Processing
5 1 (7.69%) Waterfall
Qualifications
1 1 (7.69%) Degree
1 1 (7.69%) PMI Certification
1 1 (7.69%) PMP
Quality Assurance & Compliance
1 3 (23.08%) ISO 20022
2 1 (7.69%) SEPA
Vendors
1 4 (30.77%) Calypso
2 1 (7.69%) Apple
2 1 (7.69%) Google
2 1 (7.69%) PeopleSoft