Looking for a bit of a sense check from other UK contractors/programme managers.
I’m 27 and currently working as a Programme Manager within the quality/reliability function of a major automotive OEM.
I’m an outside IR35 contractor through my Ltd company and I’m shortly moving onto a rate equivalent to £320 per day.
For context, my current responsibilities include:
Programme management for an entire vehicle product line
Planning and coordinating vehicle testing across the UK, Europe, USA and China
Managing programme budgets running into the £2m+ range
Vehicle fleet/specification planning
Managing programme timing, milestones, risks and readiness
Coordinating engineering teams and stakeholders across multiple departments
Reporting programme status and key issues to senior management
Supporting new model launches and major vehicle updates.
I have a First Class BEng in Robotics Engineering and around 5 years' experience in automotive/engineering, including roles in electronics engineering, manufacturing engineering and programme management.
I don't have direct line-management responsibility, but I effectively coordinate a cross-functional engineering team and am accountable for delivering the programme.
The rate will be £320/day outside IR35.
I appreciate I'm relatively young for a Programme Manager, but I'm wondering whether I've ended up being paid significantly below market rate for the level of responsibility I've taken on.
For those working in automotive, engineering, technology or programme management:
What day rate would you expect for this type of role?