Period
to 23 November 2017

The median contractor rate for a Project Manager was £400 per day in advertised job vacancies in Watford during the 6 months to 23 November 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.

Project Manager
Hertfordshire > Watford
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 15 9 10
Rank change year-on-year -6 +1 +9
Contract jobs requiring a Project Manager 39 36 31
As % of all contract IT jobs advertised in Watford 8.90% 12.41% 12.40%
As % of the Job Titles category 9.54% 12.72% 12.81%
Number of daily rates quoted 21 24 13
Watford median daily rate £400 £425 £450
Median daily rate % change year-on-year -5.88% -5.56% +7.46%
10th Percentile £250 £310 £288
90th Percentile £500 £513 £613
Hertfordshire median daily rate £443 £400 £450
% change year-on-year +10.63% -11.11% +1.87%
Number of hourly rates quoted 0 0 0
Watford median hourly rate - - -
Hertfordshire median hourly rate £36.50 - -

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 409 283 242
% of contract IT jobs with a recognized job title 93.38% 97.59% 96.80%
Number of daily rates quoted 197 146 132
Watford median daily rate £400 £375 £363
Median daily rate % change year-on-year +6.67% +3.45% -3.33%
10th Percentile £200 £170 £120
90th Percentile £575 £538 £488
Hertfordshire median daily rate £400 £400 £390
% change year-on-year - +2.56% +4.00%
Number of hourly rates quoted 16 12 16
Watford median hourly rate £17.75 £13.75 £13.50
Median hourly rate % change year-on-year +29.09% +1.85% +8.00%
10th Percentile £13.50 £12.00 £8.50
90th Percentile £40.00 £15.20 £35.12
Hertfordshire median hourly rate £17.50 £14.50 £17.00
% change year-on-year +20.69% -14.71% +12.25%

Project Manager
Job Vacancy Trend in Watford

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

Job vacancy trend for Project Manager in Watford

Project Manager
Contractor Daily Rate Trend in Watford

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

Contractor daily rate trend for Project Manager in Watford

Project Manager
Contractor Daily Rate Histogram in Watford

The daily rate distribution of IT jobs citing Project Manager in Watford over the 6 months to 23 November 2017.

Contractor daily rate histogram for Project Manager in Watford

Project Manager
Contractor Hourly Rate Trend in Watford

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

Contractor hourly rate trend for Project Manager in Watford

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

For the 6 months to 23 November 2017, 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 Watford region featuring Project Manager in the job title.

1 22 (56.41%) Project Management
2 12 (30.77%) PRINCE2
3 11 (28.21%) Stakeholder Management
4 10 (25.64%) Retail
5 9 (23.08%) Agile Software Development
5 9 (23.08%) Finance
6 7 (17.95%) Legal
6 7 (17.95%) PRINCE2 Practitioner
7 6 (15.38%) Project Governance
7 6 (15.38%) LAN
7 6 (15.38%) WAN
8 5 (12.82%) Matrix Management
8 5 (12.82%) Virtual Team
9 4 (10.26%) Office 365
9 4 (10.26%) Mobile App
9 4 (10.26%) Degree
9 4 (10.26%) E-Commerce
9 4 (10.26%) WLAN
10 3 (7.69%) Business Intelligence
10 3 (7.69%) Asset Management
10 3 (7.69%) Programme Management
10 3 (7.69%) Migration
10 3 (7.69%) Business Continuity
10 3 (7.69%) Customer Engagement
10 3 (7.69%) Software Asset Management
10 3 (7.69%) PMO
11 2 (5.13%) Contingency Planning
11 2 (5.13%) Business Transformation
11 2 (5.13%) Line Management
11 2 (5.13%) Data Centre

Project Manager 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 (2.56%) SharePoint
1 1 (2.56%) SharePoint 2013
1 1 (2.56%) Skype for Business
1 1 (2.56%) WebSphere
Applications
1 1 (2.56%) Microsoft Excel
Business Applications
1 1 (2.56%) Dynamics CRM
1 1 (2.56%) Sage X3
Cloud Services
1 4 (10.26%) Office 365
2 1 (2.56%) IBM Cloud
Communications & Networking
1 6 (15.38%) LAN
1 6 (15.38%) WAN
2 4 (10.26%) WLAN
3 1 (2.56%) 4G
3 1 (2.56%) Firewall
3 1 (2.56%) MPLS
3 1 (2.56%) SAN
3 1 (2.56%) Skype
3 1 (2.56%) VoIP
3 1 (2.56%) Wi-Fi
Database & Business Intelligence
1 1 (2.56%) Data Warehouse
General
1 10 (25.64%) Retail
2 9 (23.08%) Finance
3 7 (17.95%) Legal
4 1 (2.56%) Games
Miscellaneous
1 5 (12.82%) Virtual Team
2 4 (10.26%) Mobile App
3 2 (5.13%) Data Centre
3 2 (5.13%) EPoS
4 1 (2.56%) Analytical Skills
4 1 (2.56%) FMCG
Processes & Methodologies
1 22 (56.41%) Project Management
2 12 (30.77%) PRINCE2
3 11 (28.21%) Stakeholder Management
4 9 (23.08%) Agile Software Development
5 6 (15.38%) Project Governance
6 5 (12.82%) Matrix Management
7 4 (10.26%) E-Commerce
8 3 (7.69%) Asset Management
8 3 (7.69%) Business Continuity
8 3 (7.69%) Business Intelligence
8 3 (7.69%) Customer Engagement
8 3 (7.69%) Migration
8 3 (7.69%) Programme Management
8 3 (7.69%) Software Asset Management
9 2 (5.13%) Business Transformation
9 2 (5.13%) Contingency Planning
9 2 (5.13%) Disaster Recovery
9 2 (5.13%) ITIL
9 2 (5.13%) Line Management
9 2 (5.13%) Supplier Management
Programming Languages
1 1 (2.56%) SQL
Qualifications
1 7 (17.95%) PRINCE2 Practitioner
2 4 (10.26%) Degree
3 1 (2.56%) ITIL Certification
Quality Assurance & Compliance
1 3 (7.69%) PMO
System Software
1 1 (2.56%) Virtual Servers
1 1 (2.56%) VMware ESXi
1 1 (2.56%) VMware Infrastructure
Systems Management
1 1 (2.56%) BMC PATROL
Vendors
1 2 (5.13%) Cisco
1 2 (5.13%) Oracle
2 1 (2.56%) Ariba
2 1 (2.56%) BMC
2 1 (2.56%) hybris
2 1 (2.56%) IBM
2 1 (2.56%) iManage
2 1 (2.56%) Microsoft
2 1 (2.56%) Mitel
2 1 (2.56%) Sage
2 1 (2.56%) SAP
2 1 (2.56%) ServiceNow
2 1 (2.56%) Snow
2 1 (2.56%) VMware