Period
to 20 June 2018

The median contractor rate for a Consultant was £144 per day in advertised job vacancies in Watford during the 6 months to 20 June 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.

Consultant
Hertfordshire > Watford
6 months to
20 Jun 2018
Same period 2017 Same period 2016
Rank 36 20 32
Rank change year-on-year -16 +12 -7
Contract jobs requiring a Consultant 8 20 2
As % of all contract IT jobs advertised in Watford 2.68% 7.38% 0.87%
As % of the Job Titles category 2.77% 8.23% 0.90%
Number of daily rates quoted 2 13 1
Watford median daily rate £144 £450 £425
Median daily rate % change year-on-year -68.06% +5.88% +34.39%
10th Percentile £128 £310 £413
90th Percentile £164 £510 £438
Hertfordshire median daily rate £463 £475 £440
% change year-on-year -2.63% +7.95% -2.22%
Number of hourly rates quoted 0 0 0
Watford median hourly rate - - -
Hertfordshire median hourly rate £42.50 - -

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 289 243 223
% of contract IT jobs with a recognized job title 96.66% 89.67% 96.54%
Number of daily rates quoted 143 133 111
Watford median daily rate £400 £425 £350
Median daily rate % change year-on-year -5.88% +21.43% -6.67%
10th Percentile £238 £130 £138
90th Percentile £543 £538 £488
Hertfordshire median daily rate £400 £413 £400
% change year-on-year -3.03% +3.13% +5.12%
Number of hourly rates quoted 12 12 8
Watford median hourly rate £20.25 £14.50 £14.50
Median hourly rate % change year-on-year +39.66% - +12.62%
10th Percentile £14.00 £11.33 £12.70
90th Percentile £49.50 £16.15 £41.25
Hertfordshire median hourly rate £15.93 £15.00 £16.00
% change year-on-year +6.20% -6.25% -8.57%

Consultant
Job Vacancy Trend in Watford

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

Job vacancy trend for Consultant in Watford

Consultant
Contractor Daily Rate Trend in Watford

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

Contractor daily rate trend for Consultant in Watford

Consultant
Contractor Hourly Rate Trend in Watford

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

Contractor hourly rate trend for Consultant in Watford

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

For the 6 months to 20 June 2018, Consultant 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 Consultant in the job title.

1 3 (37.50%) Finance
2 2 (25.00%) MySQL
2 2 (25.00%) SAP
2 2 (25.00%) CSS
2 2 (25.00%) OOP
2 2 (25.00%) HTML
2 2 (25.00%) JavaScript
2 2 (25.00%) PHP
2 2 (25.00%) Agile Software Development
2 2 (25.00%) SEO
2 2 (25.00%) Google
2 2 (25.00%) Pay per click
2 2 (25.00%) Marketing
2 2 (25.00%) Web Development
2 2 (25.00%) Google Analytics
2 2 (25.00%) jQuery
2 2 (25.00%) WordPress
2 2 (25.00%) Social Media
2 2 (25.00%) Algorithms
2 2 (25.00%) Analytics
2 2 (25.00%) Content Marketing
2 2 (25.00%) Laravel
2 2 (25.00%) Link Building
3 1 (12.50%) Capacity Management
3 1 (12.50%) Problem-Solving
3 1 (12.50%) Due Diligence
3 1 (12.50%) ServiceNow
3 1 (12.50%) Service Continuity Management
3 1 (12.50%) Email Management
3 1 (12.50%) Software Licensing

Consultant 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 2 (25.00%) WordPress
Business Applications
1 1 (12.50%) Cognos TM1
1 1 (12.50%) Dynamics CRM
1 1 (12.50%) SAP CO
1 1 (12.50%) SAP CS
1 1 (12.50%) SAP FI
1 1 (12.50%) SAP FI/CO
1 1 (12.50%) Scribe Insight
Cloud Services
1 2 (25.00%) Google Analytics
Database & Business Intelligence
1 2 (25.00%) MySQL
2 1 (12.50%) IDOL
General
1 3 (37.50%) Finance
2 2 (25.00%) Marketing
3 1 (12.50%) Legal
Libraries, Frameworks & Software Standards
1 2 (25.00%) CSS
1 2 (25.00%) HTML
1 2 (25.00%) jQuery
1 2 (25.00%) Laravel
Miscellaneous
1 2 (25.00%) Algorithms
1 2 (25.00%) Social Media
2 1 (12.50%) Analytical Skills
Processes & Methodologies
1 2 (25.00%) Agile Software Development
1 2 (25.00%) Analytics
1 2 (25.00%) Content Marketing
1 2 (25.00%) Link Building
1 2 (25.00%) OOP
1 2 (25.00%) Pay per click
1 2 (25.00%) SEO
1 2 (25.00%) Web Development
2 1 (12.50%) Business Process Analysis
2 1 (12.50%) Capacity Management
2 1 (12.50%) Data Mapping
2 1 (12.50%) Due Diligence
2 1 (12.50%) Email Management
2 1 (12.50%) Problem Management
2 1 (12.50%) Problem-Solving
2 1 (12.50%) Re-Platforming
2 1 (12.50%) SDLC
2 1 (12.50%) Service Continuity Management
2 1 (12.50%) Software Licensing
2 1 (12.50%) Waterfall
Programming Languages
1 2 (25.00%) JavaScript
1 2 (25.00%) PHP
2 1 (12.50%) SQL
Quality Assurance & Compliance
1 1 (12.50%) GDPR
1 1 (12.50%) QA
Systems Management
1 1 (12.50%) SCOM
Vendors
1 2 (25.00%) Google
1 2 (25.00%) SAP
2 1 (12.50%) Cognos
2 1 (12.50%) IBM
2 1 (12.50%) iManage
2 1 (12.50%) Microsoft
2 1 (12.50%) ServiceNow