The median contractor rate for a Business Analyst was £488 per day in advertised job vacancies in Watford during the 3 months to 28 June 2017.

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.

Business Analyst
Hertfordshire / Watford
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 18 16 20
Rank change year-on-year -2 +4  
Contract jobs requiring a Business Analyst 9 5 11
As % of all contract IT jobs advertised in Watford 5.42% 3.70% 7.10%
As % of the Job Titles category 6.25% 3.73% 7.69%
Number of daily rates quoted 6 2 4
Median daily rate £488 £375 £365
Median daily rate % change year-on-year +30.00% +2.73%  
90% offered a daily rate of more than £384 £363 £320
10% offered a daily rate of more than £531 £388 £399
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.00 £39.50 £32.50
% change year-on-year -29.11% +21.53%  

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in Watford. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
Watford
Contract job vacancies with a job title containing a recognized job role 144 134 143
As % of all contract IT job vacancies advertised in Watford 86.75% 99.26% 92.26%
Number of daily rates quoted 278 275 342
Median daily rate £375 £310 £363
Median daily rate % change year-on-year +20.96% -14.48%  
90% offered a daily rate of more than £130 £120 £263
10% offered a daily rate of more than £500 £488 £494
UK excluding London median daily rate £400 £399 £365
% change year-on-year +0.25% +9.31%  
Number of hourly rates quoted 7 36 8
Median hourly rate £40.00 £14.00 £8.50
Median hourly rate % change year-on-year +185.71% +64.70%  
UK excluding London median hourly rate £17.50 £17.50 £16.00
% change year-on-year - +9.37%  

Business Analyst
Job Vacancy Trend in Watford

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

Job vacancy trend for Business Analyst in Watford

Business Analyst
Contractor Daily Rate Trend in Watford

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

Contractor daily rate trend for Business Analyst in Watford

Business Analyst
Contractor Daily Rate Histogram in Watford

The daily rate distribution of IT jobs citing Business Analyst in Watford over the 3 months to 28 June 2017.

Contractor daily rate histogram for Business Analyst in Watford

Business Analyst
Contractor Hourly Rate Trend in Watford

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

Contractor hourly rate trend for Business Analyst in Watford

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

For the 6 months to 28 June 2017, Business Analyst 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 Watford region featuring Business Analyst in the job title.

1 7 (26.92%) Agile Software Development
1 7 (26.92%) Retail
2 6 (23.08%) Business Analysis
3 5 (19.23%) Use Case
3 5 (19.23%) Stakeholder Engagement
3 5 (19.23%) Continuous Improvement
3 5 (19.23%) Analytical Skills
3 5 (19.23%) Finance
4 4 (15.38%) Data Modelling
4 4 (15.38%) E-Commerce
4 4 (15.38%) Big Data
5 3 (11.54%) Software Engineering
5 3 (11.54%) User Acceptance Testing
5 3 (11.54%) Requirements Management
5 3 (11.54%) User Stories
5 3 (11.54%) Hadoop
5 3 (11.54%) MS Visio
5 3 (11.54%) Legal
5 3 (11.54%) Stakeholder Management
5 3 (11.54%) SDLC
5 3 (11.54%) Matrix Organization
5 3 (11.54%) Multichannel Retail
5 3 (11.54%) Scenario Testing
6 2 (7.69%) Business Process Analysis
6 2 (7.69%) IT Strategy
6 2 (7.69%) Workflow
6 2 (7.69%) BPR
6 2 (7.69%) SAP
6 2 (7.69%) Microsoft Excel
6 2 (7.69%) SOA

Business 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 1 (3.85%) Apache Spark
1 1 (3.85%) SAS
Applications
1 3 (11.54%) MS Visio
2 2 (7.69%) Microsoft Excel
3 1 (3.85%) Microsoft PowerPoint
3 1 (3.85%) Microsoft Project
Business Applications
1 1 (3.85%) TRIRIGA
Cloud Services
1 2 (7.69%) SuccessFactors
Database & Business Intelligence
1 4 (15.38%) Big Data
2 3 (11.54%) Hadoop
General
1 7 (26.92%) Retail
2 5 (19.23%) Finance
3 3 (11.54%) Legal
4 1 (3.85%) Law
Miscellaneous
1 5 (19.23%) Analytical Skills
2 1 (3.85%) Mobile App
Processes & Methodologies
1 7 (26.92%) Agile Software Development
2 6 (23.08%) Business Analysis
3 5 (19.23%) Continuous Improvement
3 5 (19.23%) Stakeholder Engagement
3 5 (19.23%) Use Case
4 4 (15.38%) Data Modelling
4 4 (15.38%) E-Commerce
5 3 (11.54%) Matrix Organization
5 3 (11.54%) Multichannel Retail
5 3 (11.54%) Requirements Management
5 3 (11.54%) Scenario Testing
5 3 (11.54%) SDLC
5 3 (11.54%) Software Engineering
5 3 (11.54%) Stakeholder Management
5 3 (11.54%) User Acceptance Testing
5 3 (11.54%) User Stories
6 2 (7.69%) BPR
6 2 (7.69%) Change Control
6 2 (7.69%) IT Strategy
6 2 (7.69%) Waterfall
Programming Languages
1 1 (3.85%) SQL
Qualifications
1 1 (3.85%) Degree
Quality Assurance & Compliance
1 1 (3.85%) GDPR
1 1 (3.85%) QA
Vendors
1 2 (7.69%) SAP
2 1 (3.85%) Ariba
2 1 (3.85%) IBM
2 1 (3.85%) Microsoft
2 1 (3.85%) ServiceNow