Period
to 21 June 2018

The median contractor rate for a Functional Consultant was £400 per day in advertised job vacancies in Hertfordshire during the 6 months to 21 June 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Functional Consultant
East of England > Hertfordshire
6 months to
21 Jun 2018
Same period 2017 Same period 2016
Rank 89 88 82
Rank change year-on-year -1 -6 +20
Contract jobs requiring a Functional Consultant 4 2 6
As % of all contract IT jobs advertised in Hertfordshire 0.27% 0.16% 0.45%
As % of the Job Titles category 0.29% 0.17% 0.47%
Number of daily rates quoted 2 0 4
Hertfordshire median daily rate £400 - £425
East of England median daily rate £500 £365 £425
% change year-on-year +36.99% -14.12% -10.53%
Number of hourly rates quoted 0 0 0
Hertfordshire median hourly rate - - -
East of England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Hertfordshire. 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.

All Contract IT Job Vacancies
Hertfordshire
Contract vacancies in Hertfordshire with a recognized job title 1,382 1,167 1,283
% of contract IT jobs with a recognized job title 94.53% 94.88% 95.89%
Number of daily rates quoted 729 630 644
Hertfordshire median daily rate £400 £413 £400
Median daily rate % change year-on-year -3.03% +3.13% +5.19%
10th Percentile £175 £200 £220
90th Percentile £551 £575 £538
East of England median daily rate £425 £400 £400
% change year-on-year +6.25% - +5.26%
Number of hourly rates quoted 129 101 85
Hertfordshire median hourly rate £16.00 £15.00 £16.25
Median hourly rate % change year-on-year +6.67% -7.69% -7.14%
10th Percentile £11.25 £10.50 £9.00
90th Percentile £37.20 £50.60 £52.25
East of England median hourly rate £16.50 £18.00 £21.75
% change year-on-year -8.33% -17.24% +8.75%

Functional Consultant
Job Vacancy Trend in Hertfordshire

Job postings that featured Functional Consultant in the job title as a percentage of all IT jobs advertised in Hertfordshire.

Job vacancy trend for Functional Consultant in Hertfordshire

Functional Consultant
Contractor Daily Rate Trend in Hertfordshire

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

Contractor daily rate trend for Functional Consultant in Hertfordshire

Functional Consultant
Contract Job Locations in Hertfordshire

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Functional Consultant within the Hertfordshire region over the 6 months to 21 June 2018. 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
Job
Vacancies
Borehamwood - 2 £400 -
Watford -6 1 - -
St Albans - 1 - -
Functional Consultant
East of England

Functional Consultant Skill Set
Top 19 Co-occurring IT Skills in Hertfordshire

For the 6 months to 21 June 2018, Functional Consultant contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Hertfordshire region featuring Functional Consultant in the job title.

1 3 (75.00%) Finance
2 2 (50.00%) Dynamics 365
3 1 (25.00%) Problem-Solving
3 1 (25.00%) SQL
3 1 (25.00%) SAP
3 1 (25.00%) CRM
3 1 (25.00%) Microsoft
3 1 (25.00%) SAP SD
3 1 (25.00%) Project Management
3 1 (25.00%) Agile Software Development
3 1 (25.00%) Business Analysis
3 1 (25.00%) Dynamics CRM
3 1 (25.00%) Waterfall
3 1 (25.00%) Functional Testing
3 1 (25.00%) Analytical Skills
3 1 (25.00%) Scribe Insight
3 1 (25.00%) SDLC
3 1 (25.00%) SAP S/4HANA
3 1 (25.00%) Business Process Analysis

Functional Consultant Skill Set
Co-occurring IT Skills in Hertfordshire by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 1 (25.00%) Dynamics CRM
1 1 (25.00%) SAP S/4HANA
1 1 (25.00%) SAP SD
1 1 (25.00%) Scribe Insight
Cloud Services
1 2 (50.00%) Dynamics 365
General
1 3 (75.00%) Finance
Miscellaneous
1 1 (25.00%) Analytical Skills
Processes & Methodologies
1 1 (25.00%) Agile Software Development
1 1 (25.00%) Business Analysis
1 1 (25.00%) Business Process Analysis
1 1 (25.00%) CRM
1 1 (25.00%) Functional Testing
1 1 (25.00%) Problem-Solving
1 1 (25.00%) Project Management
1 1 (25.00%) SDLC
1 1 (25.00%) Waterfall
Programming Languages
1 1 (25.00%) SQL
Vendors
1 1 (25.00%) Microsoft
1 1 (25.00%) SAP