Period
to 19 January 2018

The median contractor rate for a Project Manager was £425 per day in advertised job vacancies in Somerset during the 6 months to 19 January 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.

Project Manager
South West > Somerset
6 months to
19 Jan 2018
Same period 2017 Same period 2016
Rank 39 31 55
Rank change year-on-year -8 +24 -17
Contract jobs requiring a Project Manager 16 21 19
As % of all contract IT jobs advertised in Somerset 3.42% 4.41% 2.88%
As % of the Job Titles category 3.56% 4.58% 2.92%
Number of daily rates quoted 14 0 10
Somerset median daily rate £425 - £413
10th Percentile £366 - £358
90th Percentile £500 - £485
South West median daily rate £425 £400 £400
% change year-on-year +6.25% - -4.76%
Number of hourly rates quoted 0 13 0
Somerset median hourly rate - £38.00 -
South West median hourly rate £36.71 £38.00 £20.63
% change year-on-year -3.39% +84.24% -22.17%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Somerset. 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
Somerset
Contract vacancies in Somerset with a recognized job title 449 459 651
% of contract IT jobs with a recognized job title 95.94% 96.43% 98.64%
Number of daily rates quoted 282 234 381
Somerset median daily rate £363 £350 £369
Median daily rate % change year-on-year +3.57% -5.02% +11.67%
10th Percentile £150 £166 £250
90th Percentile £513 £488 £491
South West median daily rate £400 £375 £375
% change year-on-year +6.67% - -
Number of hourly rates quoted 30 90 63
Somerset median hourly rate £16.81 £38.00 £39.25
Median hourly rate % change year-on-year -55.76% -3.18% +95.66%
10th Percentile £10.97 £12.90 £11.75
90th Percentile £43.08 £43.00 £55.85
South West median hourly rate £25.00 £27.50 £31.75
% change year-on-year -9.09% -13.39% +58.75%

Project Manager
Job Vacancy Trend in Somerset

Job postings that featured Project Manager in the job title as a percentage of all IT jobs advertised in Somerset.

Job vacancy trend for Project Manager in Somerset

Project Manager
Contractor Daily Rate Trend in Somerset

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Project Manager in Somerset.

Contractor daily rate trend for Project Manager in Somerset

Project Manager
Contractor Daily Rate Histogram in Somerset

The daily rate distribution of IT jobs citing Project Manager in Somerset over the 6 months to 19 January 2018.

Contractor daily rate histogram for Project Manager in Somerset

Project Manager
Contractor Hourly Rate Trend in Somerset

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Project Manager in Somerset.

Contractor hourly rate trend for Project Manager in Somerset

Project Manager
Contract Job Locations in Somerset

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Project Manager within the Somerset region over the 6 months to 19 January 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
Taunton +7 4 £405 -
Bath -8 2 £463 -
Street - 2 £425 -
Cheddar - 1 - -
Project Manager
South West

Project Manager Skill Set
Top 30 Co-occurring IT Skills in Somerset

For the 6 months to 19 January 2018, Project Manager contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Somerset region featuring Project Manager in the job title.

1 8 (50.00%) Project Management
2 6 (37.50%) Stakeholder Management
2 6 (37.50%) Agile Software Development
3 4 (25.00%) Retail
3 4 (25.00%) CRM
3 4 (25.00%) ERP
3 4 (25.00%) Manufacturing
4 3 (18.75%) SAP
4 3 (18.75%) Programme Management
4 3 (18.75%) Marketing
4 3 (18.75%) Project Governance
4 3 (18.75%) Change Control
4 3 (18.75%) Finance
5 2 (12.50%) Dynamics CRM
5 2 (12.50%) Software Delivery
5 2 (12.50%) Digital Marketing
5 2 (12.50%) Logistics
5 2 (12.50%) Scrum
5 2 (12.50%) PRINCE2
5 2 (12.50%) Business Intelligence
5 2 (12.50%) Risk Management
5 2 (12.50%) Electronics
5 2 (12.50%) Telecoms
6 1 (6.25%) Process Management
6 1 (6.25%) GIS
6 1 (6.25%) Firewall
6 1 (6.25%) Validation
6 1 (6.25%) PRINCE2 Certification
6 1 (6.25%) Unit4 Business World
6 1 (6.25%) Local Government

Project Manager Skill Set
Co-occurring IT Skills in Somerset 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 2 (12.50%) Dynamics CRM
2 1 (6.25%) Unit4 Business World
Cloud Services
1 1 (6.25%) SaaS
Communications & Networking
1 1 (6.25%) Firewall
Database & Business Intelligence
1 1 (6.25%) GIS
General
1 4 (25.00%) Manufacturing
1 4 (25.00%) Retail
2 3 (18.75%) Finance
2 3 (18.75%) Marketing
3 2 (12.50%) Electronics
3 2 (12.50%) Telecoms
4 1 (6.25%) Local Government
Miscellaneous
1 1 (6.25%) Cyberthreat
Operating Systems
1 1 (6.25%) Windows 10
Processes & Methodologies
1 8 (50.00%) Project Management
2 6 (37.50%) Agile Software Development
2 6 (37.50%) Stakeholder Management
3 4 (25.00%) CRM
3 4 (25.00%) ERP
4 3 (18.75%) Change Control
4 3 (18.75%) Programme Management
4 3 (18.75%) Project Governance
5 2 (12.50%) Business Intelligence
5 2 (12.50%) Digital Marketing
5 2 (12.50%) Logistics
5 2 (12.50%) PRINCE2
5 2 (12.50%) Risk Management
5 2 (12.50%) Scrum
5 2 (12.50%) Software Delivery
6 1 (6.25%) Facilities Management
6 1 (6.25%) Market Research
6 1 (6.25%) Project Planning
6 1 (6.25%) Resource Management
6 1 (6.25%) Use Case
Qualifications
1 1 (6.25%) PRINCE2 Certification
Quality Assurance & Compliance
1 1 (6.25%) PMO
Vendors
1 3 (18.75%) SAP