Period
to 16 December 2017

The table below looks at the prevalence of the term Minimum Viable Product in contract job vacancies advertised in Hertfordshire. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Minimum Viable Product over the 6 months to 16 December 2017 with a comparison to the same period over 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.

Minimum Viable Product
East of England > Hertfordshire
6 months to
16 Dec 2017
Same period 2016 Same period 2015
Rank 97 - -
Rank change year-on-year - - -
Contract jobs citing Minimum Viable Product 2 0 0
As % of all contract IT jobs advertised in Hertfordshire 0.13% - -
As % of the Miscellaneous category 0.38% - -
Number of daily rates quoted 2 0 0
Hertfordshire median daily rate £556 - -
East of England median daily rate £556 - -
Number of hourly rates quoted 0 0 0
Hertfordshire median hourly rate - - -
East of England median hourly rate - - -

Minimum Viable Product is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Hertfordshire with a requirement for generic IT skills.

All Generic IT Skills
Hertfordshire
Contract vacancies with a requirement for generic IT skills 521 485 461
As % of all contract IT jobs advertised in Hertfordshire 32.73% 33.82% 29.82%
Number of daily rates quoted 278 261 227
Hertfordshire median daily rate £375 £388 £400
Median daily rate % change year-on-year -3.23% -3.13% +6.67%
10th Percentile £187 £180 £212
90th Percentile £569 £569 £538
East of England median daily rate £400 £350 £381
% change year-on-year +14.29% -8.20% +1.67%
Number of hourly rates quoted 19 14 56
Hertfordshire median hourly rate £16.81 £15.10 £21.50
Median hourly rate % change year-on-year +11.29% -29.77% +43.33%
10th Percentile £12.99 £11.32 £11.25
90th Percentile £45.10 £33.45 £38.75
East of England median hourly rate £38.26 £32.00 £22.19
% change year-on-year +19.56% +44.23% -0.28%

Minimum Viable Product
Job Vacancy Trend in Hertfordshire

Job postings citing Minimum Viable Product as a percentage of all IT jobs advertised in Hertfordshire.

Job vacancy trend for Minimum Viable Product in Hertfordshire

Minimum Viable Product
Contractor Daily Rate Trend in Hertfordshire

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Minimum Viable Product in Hertfordshire.

Contractor daily rate trend for Minimum Viable Product in Hertfordshire

Minimum Viable Product
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 Minimum Viable Product within the Hertfordshire region over the 6 months to 16 December 2017. 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
Welwyn Garden City - 1 £550 -
Minimum Viable Product
East of England

For the 6 months to 16 December 2017, IT contractor jobs citing Minimum Viable Product also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Hertfordshire region with a requirement for Minimum Viable Product.

1 2 (100.00%) Finance
1 2 (100.00%) Oracle
1 2 (100.00%) Oracle Fusion
1 2 (100.00%) User Stories
1 2 (100.00%) User Experience
1 2 (100.00%) Analytical Skills
2 1 (50.00%) Oracle Subledger Accounting
2 1 (50.00%) ERP
2 1 (50.00%) Agile Software Development
2 1 (50.00%) JIRA

Minimum Viable Product
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 (50.00%) Oracle Subledger Accounting
Development Applications
1 1 (50.00%) JIRA
General
1 2 (100.00%) Finance
Job Titles
1 2 (100.00%) Product Manager
2 1 (50.00%) IT Manager
Libraries, Frameworks & Software Standards
1 2 (100.00%) Oracle Fusion
Miscellaneous
1 2 (100.00%) Analytical Skills
1 2 (100.00%) User Experience
Processes & Methodologies
1 2 (100.00%) User Stories
2 1 (50.00%) Agile Software Development
2 1 (50.00%) ERP
Vendors
1 2 (100.00%) Oracle