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Day rate guide
Based on 2 project manager contract roles with a stated day rate, the median is £438 per day, with a typical range of £350 to £525 depending on IR35 status, seniority, specialism and sector. Below are the benchmarks to set your day rate in 2026.
| Seniority | Day rate |
|---|---|
| Junior / mid level | ~ £350 |
| Experienced (median) | ~ £438 |
| Senior / expert | £525 and above |
These benchmarks are calculated from real contract roles posted recently. Your exact day rate depends on a few factors.
What is the average day rate for a project manager contractor?
The median day rate is £438 per day, with a typical range of £350 to £525 depending on IR35 status, seniority and specialism.
Do outside IR35 project manager contracts pay more?
Usually yes. Outside IR35 roles tend to pay a higher day rate than inside IR35 roles, because the contractor carries the tax and admin costs through their own limited company.
How can a project manager contractor increase their day rate?
By moving up in seniority, specialising in skills that are in demand, holding security clearance (SC or DV) where it is required, targeting sectors that pay more such as government, banking and energy, and favouring outside IR35 roles.
Where can I find project manager contract roles?
Freelance Radar continuously finds new project manager contract roles on LinkedIn and puts you in direct contact with the hiring manager or recruiter who posted them.
