The table below looks at the statistics for the Functional Analyst role in IT contracts advertised for the Hertfordshire region. Included is a guide to the average contractor rates offered in IT contracts that have cited Functional Analyst in their job title over the 3 months to 14 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
14 Feb 2016
Same period 2015 Same period 2014
Functional Analyst
Rank 52 58 -
Rank change year-on-year
+6 -
Contract jobs requiring a Functional Analyst 2 1 0
As % of all contract IT jobs located in Hertfordshire 0.34% 0.16% -
As % of the Job Titles category 0.37% 0.16% -
Number of daily rates quoted 1 1 0
Average daily rate £420 £375 -
Average daily rate % change year-on-year
+12.00% -
UK excluding London average daily rate £338 £375 £475
% change year-on-year
-10.00% -21.05%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Functional Analyst
East of England

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the Hertfordshire region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
Hertfordshire
Contract IT job ads with a match in the
Job Titles category
539 613 646
As % of all contract IT jobs located in Hertfordshire 92.77% 96.99% 95.70%
Number of daily rates quoted 279 315 332
Average daily rate £385 £425 £388
Average daily rate % change year-on-year
-9.41% +9.67%
90% offered a daily rate of more than £225 £225 £220
10% offered a daily rate of more than £600 £550 £513
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 51 46 51
Average hourly rate £14.50 £14.50 £16.00
Average hourly rate % change year-on-year
- -9.37%
90% offered a hourly rate of more than £6.86 £10.00 £11.50
10% offered a hourly rate of more than £49.50 £38.75 £35.40
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

Functional Analyst
Jobs Demand Trend in Hertfordshire

This chart provides a 3-month moving total of IT contractor jobs citing Functional Analyst in the job title across the Hertfordshire region as a proportion of the total demand within the Job Titles category.

Functional Analyst Jobs Demand Trend in Hertfordshire

Functional Analyst
Daily Rate Trend in Hertfordshire

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Functional Analyst across the Hertfordshire region.

Functional Analyst Daily Rate Trend in Hertfordshire

Functional Analyst
Top 4 Related IT Skills in Hertfordshire

For the 6 months to 14 February 2016, IT contractor jobs across the Hertfordshire region that cited Functional Analyst in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Functional Analyst in their job title.

1 2 (100.00%) SAP
1 2 (100.00%) Logistics
1 2 (100.00%) Business Analysis
1 2 (100.00%) Procure-to-pay

Functional Analyst
Top Related IT Skills in Hertfordshire by Category

For the 6 months to 14 February 2016, IT contractor jobs across the Hertfordshire region that cited Functional Analyst in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Functional Analyst in their job title. Up to 20 skills are shown per category.

Processes & Methodologies
1 2 (100.00%) Business Analysis
1 2 (100.00%) Logistics
1 2 (100.00%) Procure-to-pay
Vendors
1 2 (100.00%) SAP