Day rate
Project Management experienced a modest decrease in day rates, declining by -3%, with freelancers earning an average of £400 per day. The top 10% also saw a decrease of -2% year-on-year averaging £632 per day.
![Bubble chart showing average day rate increases year-on-year for Project Management freelancers. In 2021 average day rate was £383, in 2022 it was £411 and in 2023 it decreased 3% to £400.](https://cdn.prod.website-files.com/61768ce7d6889589a6d448e9/65b2694fb8130326903c78c2_Project-Management.png)
Experience
Midweight roles exhibited an increase of +8% year-on-year, signalling positive growth. However, other experience levels faced a decrease, particularly with Senior Roles witnessing a decline of -5%.
![](https://cdn.prod.website-files.com/61768ce7d6889589a6d448e9/65b918d021e468a59f98c3fc_Project-ManagementRate-Graphs-by-experience-v3-BIG.png)
Our hiring process prioritises quick and efficient evaluations as we often need talent at short notice, so a strong portfolio is key to our decision-making. With freelancers we look for those who embrace a can-do attitude, can immediately take ownership, but aren’t afraid to ask questions - those are the individuals who always stand out.
Our hiring process prioritises quick and efficient evaluations as we often need talent at short notice, so a strong portfolio is key to our decision-making. With freelancers we look for those who embrace a can-do attitude, can immediately take ownership, but aren’t afraid to ask questions - those are the individuals who always stand out.
Contract Length and Bookings
In 2023, average contract lengths in Project Management experienced a decline of -19% year-on-year, settling at 45 working days (9 weeks). Similarly, top 10% contracts witnessed a -7% decrease, averaging 83 working days (just under 17 weeks).
All experience levels saw a decrease in their contract lengths in 2023. Notably, Senior roles witnessed the most significant decline, experiencing a -23% year-on-year decrease.
Project Management demonstrated a contrasting trend with a notable increase of +26% year-on-year in bookings. Despite a consistent demand throughout the year, the sector experienced a slight downturn in the last quarter. August was the highest booking month of 2023.
![](https://cdn.prod.website-files.com/61768ce7d6889589a6d448e9/65b918ecfd4c16aece99c53e_Project-Management-Contract-Length-v5-BIG.png)
Roles
Project Directors commanded the highest rate, surpassing the discipline’s average by an impressive +42%, earning £578 per day. On the other hand, Resource Managers secured the longest contract lengths within the discipline, at 105 working days.
![Bar chart detailing average day rates by role for Project Management freelancers. Project Directors commanded the highest average day rate at £578 whereas freelance Project Managers had the lowest average at £360.](https://cdn.prod.website-files.com/61768ce7d6889589a6d448e9/65b141c5973cdc902bb5e851_Project-Management-Roles-Day-Rates-v3.png)
![Bar chart detailing average contract length by role for Project Management freelancers. REsource Managers achieved the longest contracts on average at 105 days with SCRUM Managers contracts the shortest at 35 days.](https://cdn.prod.website-files.com/61768ce7d6889589a6d448e9/65b141c96240c88cfc8e0caa_Project-Management-Roles-Contract-Lengths-v3.png)
See other disciplines
Click on the icons to the right to explore day rates insights by discipline
The world's leading businesses choose YunoJuno when working with contractors globally
Download The 2024 Freelancer Rates Report
Get started with YunoJuno today
Get to know the most trusted total contractor workforce solution
Are you a freelancer? Join YunoJuno
![Forbes logo](https://cdn.prod.website-files.com/617142c052164b3310540f1e/6176c123abe8b6d7396c54ab_forbes.png)
![Campaign logo](https://cdn.prod.website-files.com/617142c052164b3310540f1e/6176c123c0d4e34b8feb2a9e_campaign.png)
![The Times logo](https://cdn.prod.website-files.com/617142c052164b3310540f1e/6176c21781e10f04aaab3a88_the-times-100.png)