The median contractor rate for a Business Analyst was £463 per day in advertised job vacancies in Watford during the 3 months to 26 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Business Analyst
Hertfordshire / Watford
Rank 6 19 17
Rank change year-on-year +13 -2  
Contract jobs requiring a Business Analyst 18 3 9
As % of all contract IT jobs advertised in Watford 15.13% 3.09% 7.20%
As % of the Job Titles category 16.07% 3.33% 7.20%
Number of daily rates quoted 14 3 8
Median daily rate £463 £350 £358
Median daily rate % change year-on-year +32.14% -2.09%  
90% offered a daily rate of more than £340 £350 £293
10% offered a daily rate of more than £500 £450 £404
UK excluding London median daily rate £400 £388 £400
% change year-on-year +3.22% -3.12%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £45.00 £46.20 £41.00
% change year-on-year -2.58% +12.67%  

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 112 90 125
As % of all contract IT job vacancies advertised in Watford 94.12% 92.78% 100.00%
Number of daily rates quoted 60 42 58
Median daily rate £450 £365 £375
Median daily rate % change year-on-year +23.28% -2.66%  
90% offered a daily rate of more than £130 £287 £225
10% offered a daily rate of more than £550 £475 £459
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 8 3 10
Median hourly rate £14.50 £37.50 £12.50
Median hourly rate % change year-on-year -61.33% +200.00%  
90% offered a hourly rate of more than £11.33 £14.50 £11.50
10% offered a hourly rate of more than £15.10 £37.50 £18.50
UK excluding London median hourly rate £17.50 £20.00 £17.00
% change year-on-year -12.50% +17.64%  

Business Analyst
Job Vacancy Trend in Watford

The job posting trend of jobs advertised in Watford that featured Business Analyst in the job title.

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 26 March 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 hourly rates quoted in IT contractor jobs citing Business Analyst in Watford.

Contractor hourly rate trend for Business Analyst in Watford

Business Analyst Skill Set
Top 30 Related IT Skills in Watford

For the 6 months to 26 March 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 12 (35.29%) Retail
2 8 (23.53%) Business Analysis
2 8 (23.53%) Finance
3 7 (20.59%) E-Commerce
3 7 (20.59%) Time Management
4 6 (17.65%) Stakeholder Engagement
4 6 (17.65%) Agile Software Development
5 5 (14.71%) Use Case
5 5 (14.71%) SQL
5 5 (14.71%) Change Management
6 4 (11.76%) Project Management
6 4 (11.76%) User Acceptance Testing
6 4 (11.76%) WebSphere
6 4 (11.76%) Continuous Improvement
6 4 (11.76%) Big Data
7 3 (8.82%) Supplier Management
7 3 (8.82%) Hadoop
7 3 (8.82%) Requirements Engineering
7 3 (8.82%) Requirements Management
7 3 (8.82%) Legal
7 3 (8.82%) HTML
7 3 (8.82%) Scrum
7 3 (8.82%) BPR
7 3 (8.82%) Data Modelling
7 3 (8.82%) Change Control
7 3 (8.82%) Business Process Analysis
8 2 (5.88%) Multichannel Retail
8 2 (5.88%) IT Strategy
8 2 (5.88%) Matrix Organization
8 2 (5.88%) Translating Business Requirements

Business Analyst Skill Set
Top Related 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 4 (11.76%) WebSphere
2 1 (2.94%) Apache Spark
2 1 (2.94%) SAS
2 1 (2.94%) SharePoint
Applications
1 2 (5.88%) MS Project
2 1 (2.94%) MS Office
2 1 (2.94%) MS PowerPoint
2 1 (2.94%) MS Visio
Database & Business Intelligence
1 4 (11.76%) Big Data
2 3 (8.82%) Hadoop
General
1 12 (35.29%) Retail
2 8 (23.53%) Finance
3 3 (8.82%) Legal
Libraries, Frameworks & Software Standards
1 3 (8.82%) HTML
Miscellaneous
1 2 (5.88%) Analytical Skills
2 1 (2.94%) Management Information System
Processes & Methodologies
1 8 (23.53%) Business Analysis
2 7 (20.59%) E-Commerce
2 7 (20.59%) Time Management
3 6 (17.65%) Agile Software Development
3 6 (17.65%) Stakeholder Engagement
4 5 (14.71%) Change Management
4 5 (14.71%) Use Case
5 4 (11.76%) Continuous Improvement
5 4 (11.76%) Project Management
5 4 (11.76%) User Acceptance Testing
6 3 (8.82%) BPR
6 3 (8.82%) Business Process Analysis
6 3 (8.82%) Change Control
6 3 (8.82%) Data Modelling
6 3 (8.82%) Requirements Engineering
6 3 (8.82%) Requirements Management
6 3 (8.82%) Scrum
6 3 (8.82%) Supplier Management
7 2 (5.88%) Multichannel Retail
7 2 (5.88%) Translating Business Requirements
Programming Languages
1 5 (14.71%) SQL
Qualifications
1 1 (2.94%) Degree
1 1 (2.94%) PRINCE2 Certification
Vendors
1 1 (2.94%) Ariba
1 1 (2.94%) Microsoft
1 1 (2.94%) NGA Human Resources
1 1 (2.94%) SAP
1 1 (2.94%) ServiceNow