Period
to 21 August 2019

The median contractor rate for an Analyst was £413 per day in advertised job vacancies in Watford during the 6 months to 21 August 2019.

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.

Analyst
Hertfordshire > Watford
6 months to
21 Aug 2019
Same period 2018 Same period 2017
Rank 12 5 9
Rank change year-on-year -7 +4 -4
Contract jobs requiring an Analyst 64 58 49
As % of all contract IT jobs advertised in Watford 14.78% 17.06% 14.00%
As % of the Job Titles category 15.72% 17.68% 15.51%
Number of daily rates quoted 51 31 24
Watford median daily rate £413 £390 £475
Median daily rate % change year-on-year +5.77% -17.89% +35.71%
10th Percentile £246 £240 £234
90th Percentile £488 £500 £575
Hertfordshire median daily rate £400 £350 £375
% change year-on-year +14.29% -6.67% -1.32%
Number of hourly rates quoted 1 5 2
Watford median hourly rate £14.00 £16.00 £15.00
Median hourly rate % change year-on-year -12.50% +6.67% +15.38%
10th Percentile £13.50 £14.00 £12.55
90th Percentile £14.50 £35.60 £17.85
Hertfordshire median hourly rate £12.50 £14.00 £15.50
% change year-on-year -10.71% -9.68% +28.31%

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Watford. 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
Watford
Contract vacancies in Watford with a recognized job title 407 328 316
% of contract IT jobs with a recognized job title 94.00% 96.47% 90.29%
Number of daily rates quoted 261 199 161
Watford median daily rate £450 £400 £400
Median daily rate % change year-on-year +12.50% - +25.00%
10th Percentile £260 £187 £188
90th Percentile £550 £550 £575
Hertfordshire median daily rate £450 £400 £400
% change year-on-year +12.50% - +2.56%
Number of hourly rates quoted 7 11 16
Watford median hourly rate £25.00 £23.00 £15.00
Median hourly rate % change year-on-year +8.70% +53.33% +11.11%
10th Percentile £11.93 £14.00 £11.67
90th Percentile £42.00 £51.25 £40.00
Hertfordshire median hourly rate £15.68 £17.00 £16.81
% change year-on-year -7.76% +1.16% +6.70%

Analyst
Job Vacancy Trend in Watford

Job postings that featured Analyst in the job title as a percentage of all IT jobs advertised in Watford.

Job vacancy trend for Analyst in Watford

Analyst
Contractor Daily Rate Trend in Watford

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Analyst in Watford.

Contractor daily rate trend for Analyst in Watford

Analyst
Contractor Daily Rate Histogram in Watford

The daily rate distribution of IT jobs citing Analyst in Watford over the 6 months to 21 August 2019.

Contractor daily rate histogram for Analyst in Watford

Analyst
Contractor Hourly Rate Trend in Watford

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Analyst in Watford.

Contractor hourly rate trend for Analyst in Watford

Analyst Skill Set
Top 30 Co-occurring IT Skills in Watford

For the 6 months to 21 August 2019, Analyst 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 Watford region featuring Analyst in the job title.

1 22 (34.38%) Finance
1 22 (34.38%) Agile Software Development
2 20 (31.25%) JIRA
3 19 (29.69%) Retail
4 18 (28.13%) Business Intelligence
5 13 (20.31%) Analytical Skills
6 12 (18.75%) SAP
7 11 (17.19%) Microsoft
8 9 (14.06%) Microsoft Office
9 8 (12.50%) ERP
9 8 (12.50%) User Acceptance Testing
10 7 (10.94%) Test Scripting
10 7 (10.94%) Degree
10 7 (10.94%) Business Analysis
11 6 (9.38%) Data Analysis
11 6 (9.38%) Active Directory
11 6 (9.38%) Microsoft Excel
11 6 (9.38%) Power BI
11 6 (9.38%) Confluence
11 6 (9.38%) Data Quality
11 6 (9.38%) Power Platform
12 5 (7.81%) Multichannel Retail
12 5 (7.81%) Visualisation
12 5 (7.81%) AWS
12 5 (7.81%) Test Strategy
12 5 (7.81%) Informatica
12 5 (7.81%) Windows
12 5 (7.81%) Law
12 5 (7.81%) Stakeholder Management
12 5 (7.81%) PMP

Analyst Skill Set
Co-occurring IT Skills in Watford 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:

Application Platforms
1 6 (9.38%) Confluence
2 1 (1.56%) Adobe Experience Manager
2 1 (1.56%) SharePoint
2 1 (1.56%) WebSphere
Applications
1 9 (14.06%) Microsoft Office
2 6 (9.38%) Microsoft Excel
3 3 (4.69%) Microsoft PowerPoint
4 1 (1.56%) MS Visio
4 1 (1.56%) Spreadsheet
Business Applications
1 2 (3.13%) Cognos TM1
1 2 (3.13%) SAP CO
1 2 (3.13%) SAP FI
1 2 (3.13%) SAP FI/CO
2 1 (1.56%) Magento
2 1 (1.56%) NetSuite
2 1 (1.56%) TRIRIGA
Cloud Services
1 6 (9.38%) Power Platform
2 5 (7.81%) AWS
3 4 (6.25%) SuccessFactors
4 2 (3.13%) Boomi
4 2 (3.13%) Office 365
5 1 (1.56%) Force.com
5 1 (1.56%) G Suite
Communications & Networking
1 1 (1.56%) LAN
1 1 (1.56%) VoIP
1 1 (1.56%) WAN
1 1 (1.56%) WLAN
Database & Business Intelligence
1 6 (9.38%) Power BI
2 2 (3.13%) Oracle Reports
3 1 (1.56%) QlikView
Development Applications
1 20 (31.25%) JIRA
2 4 (6.25%) Team Foundation Server
3 2 (3.13%) Cucumber
3 2 (3.13%) Hudson
3 2 (3.13%) Selenium
4 1 (1.56%) Visual Studio
General
1 22 (34.38%) Finance
2 19 (29.69%) Retail
3 5 (7.81%) Law
3 5 (7.81%) Pharmaceutical
4 2 (3.13%) Manufacturing
5 1 (1.56%) Games
5 1 (1.56%) Marketing
Libraries, Frameworks & Software Standards
1 3 (4.69%) IDoc
1 3 (4.69%) Middleware
1 3 (4.69%) REST
1 3 (4.69%) SAP PI
1 3 (4.69%) XSLT
2 2 (3.13%) BAPI
3 1 (1.56%) .NET
3 1 (1.56%) Gherkin
3 1 (1.56%) HTML
3 1 (1.56%) Oracle Fusion
3 1 (1.56%) XML
Miscellaneous
1 13 (20.31%) Analytical Skills
2 4 (6.25%) Management Information System
3 3 (4.69%) DataPower
3 3 (4.69%) User Experience
4 2 (3.13%) Mobile App
4 2 (3.13%) Tandem
5 1 (1.56%) AS400
5 1 (1.56%) Client/Server
5 1 (1.56%) Data Protection Act
5 1 (1.56%) Foreign Exchange (FX)
5 1 (1.56%) Greenfield Project
5 1 (1.56%) Mainframe
Operating Systems
1 5 (7.81%) Windows
2 2 (3.13%) Windows 10
3 1 (1.56%) Windows 7
Processes & Methodologies
1 22 (34.38%) Agile Software Development
2 18 (28.13%) Business Intelligence
3 8 (12.50%) ERP
3 8 (12.50%) User Acceptance Testing
4 7 (10.94%) Business Analysis
4 7 (10.94%) Test Scripting
5 6 (9.38%) Data Analysis
6 5 (7.81%) Multichannel Retail
6 5 (7.81%) Stakeholder Management
6 5 (7.81%) Test Strategy
6 5 (7.81%) Visualisation
7 4 (6.25%) Data Visualisation
7 4 (6.25%) Integration Testing
7 4 (6.25%) Problem-Solving
7 4 (6.25%) User Stories
8 3 (4.69%) Analytics
8 3 (4.69%) Data Governance
8 3 (4.69%) Process Improvement
8 3 (4.69%) Test Automation
8 3 (4.69%) Workshop Facilitation
Programming Languages
1 3 (4.69%) SQL
2 2 (3.13%) Java
3 1 (1.56%) C
3 1 (1.56%) C#
3 1 (1.56%) JavaScript
3 1 (1.56%) Python
3 1 (1.56%) R
3 1 (1.56%) VBA
Qualifications
1 7 (10.94%) Degree
2 5 (7.81%) PMI Certification
2 5 (7.81%) PMP
3 3 (4.69%) Master's Degree
4 1 (1.56%) ISTQB
4 1 (1.56%) ITIL Certification
Quality Assurance & Compliance
1 6 (9.38%) Data Quality
2 3 (4.69%) QA
3 2 (3.13%) Sarbanes-Oxley
4 1 (1.56%) ISO 20022
4 1 (1.56%) ISO 8583
System Software
1 6 (9.38%) Active Directory
Systems Management
1 1 (1.56%) SCCM
Vendors
1 12 (18.75%) SAP
2 11 (17.19%) Microsoft
3 5 (7.81%) Informatica
4 4 (6.25%) IBM
4 4 (6.25%) Oracle
5 3 (4.69%) Ariba
5 3 (4.69%) ServiceNow
6 2 (3.13%) Cognos
6 2 (3.13%) Dell
6 2 (3.13%) Snow
7 1 (1.56%) Adobe
7 1 (1.56%) Apple
7 1 (1.56%) Google
7 1 (1.56%) hybris
7 1 (1.56%) MicroStrategy
7 1 (1.56%) Salesforce.com
7 1 (1.56%) Sony