Period
to 14 August 2018

The median contractor rate for a Project Manager was £450 per day in advertised job vacancies in Watford during the 6 months to 14 August 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.

Project Manager
Hertfordshire > Watford
6 months to
14 Aug 2018
Same period 2017 Same period 2016
Rank 6 13 4
Rank change year-on-year +7 -9 +9
Contract jobs requiring a Project Manager 51 33 49
As % of all contract IT jobs advertised in Watford 15.22% 9.79% 16.44%
As % of the Job Titles category 15.79% 10.93% 16.84%
Number of daily rates quoted 32 17 26
Watford median daily rate £450 £445 £413
Median daily rate % change year-on-year +1.12% +7.88% -2.94%
10th Percentile £363 £306 £310
90th Percentile £549 £550 £500
Hertfordshire median daily rate £463 £434 £405
% change year-on-year +6.69% +7.04% -10.00%
Number of hourly rates quoted 0 0 0
Watford median hourly rate - - -
Hertfordshire median hourly rate - £33.25 £25.00
% change year-on-year - +33.00% -35.06%

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 323 302 291
% of contract IT jobs with a recognized job title 96.42% 89.61% 97.65%
Number of daily rates quoted 192 158 148
Watford median daily rate £400 £406 £320
Median daily rate % change year-on-year -1.54% +26.95% -14.67%
10th Percentile £210 £153 £156
90th Percentile £550 £575 £515
Hertfordshire median daily rate £400 £400 £400
Number of hourly rates quoted 12 16 8
Watford median hourly rate £20.25 £15.00 £13.50
Median hourly rate % change year-on-year +35.00% +11.11% +35.00%
10th Percentile £14.00 £11.67 £12.70
90th Percentile £51.13 £40.00 £15.05
Hertfordshire median hourly rate £17.00 £16.50 £16.00
% change year-on-year +3.03% +3.13% -5.88%

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 14 August 2018.

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 14 August 2018, Project Manager 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 Project Manager in the job title.

1 23 (45.10%) Project Management
2 18 (35.29%) Finance
2 18 (35.29%) Agile Software Development
3 12 (23.53%) Waterfall
3 12 (23.53%) PRINCE2
4 10 (19.61%) Retail
5 9 (17.65%) Microsoft Excel
6 8 (15.69%) E-Commerce
6 8 (15.69%) Stakeholder Management
6 8 (15.69%) Continuous Improvement
7 7 (13.73%) Microsoft PowerPoint
7 7 (13.73%) Microsoft
7 7 (13.73%) ERP
7 7 (13.73%) Presales
8 6 (11.76%) DNA
8 6 (11.76%) IBM
8 6 (11.76%) Microsoft Office
8 6 (11.76%) WebSphere
8 6 (11.76%) Time Management
9 5 (9.80%) Degree
9 5 (9.80%) Project Governance
9 5 (9.80%) Stakeholder Engagement
9 5 (9.80%) SAP
9 5 (9.80%) ITIL
9 5 (9.80%) Microsoft Project
9 5 (9.80%) Java
9 5 (9.80%) J2EE
9 5 (9.80%) MS Visio
9 5 (9.80%) Cognos
9 5 (9.80%) Service Management

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 6 (11.76%) WebSphere
2 2 (3.92%) SharePoint
3 1 (1.96%) BizTalk Server
3 1 (1.96%) IBM HTTP Server
3 1 (1.96%) IIS
3 1 (1.96%) MQSeries
3 1 (1.96%) Tomcat
3 1 (1.96%) WebSphere Application Server
Applications
1 9 (17.65%) Microsoft Excel
2 7 (13.73%) Microsoft PowerPoint
3 6 (11.76%) Microsoft Office
4 5 (9.80%) Microsoft Project
4 5 (9.80%) MS Visio
Business Applications
1 3 (5.88%) SAP ERP
2 1 (1.96%) Dynamics AX
2 1 (1.96%) Dynamics CRM
Cloud Services
1 1 (1.96%) Office 365
Communications & Networking
1 4 (7.84%) Skype
2 1 (1.96%) HTTP
Database & Business Intelligence
1 1 (1.96%) DB2
1 1 (1.96%) Oracle Database
Development Applications
1 2 (3.92%) JIRA
General
1 18 (35.29%) Finance
2 10 (19.61%) Retail
3 4 (7.84%) Marketing
4 3 (5.88%) Manufacturing
5 2 (3.92%) Law
6 1 (1.96%) Legal
6 1 (1.96%) Pharmaceutical
Libraries, Frameworks & Software Standards
1 5 (9.80%) J2EE
2 1 (1.96%) WebSphere MQ
Miscellaneous
1 4 (7.84%) Greenfield Project
1 4 (7.84%) NHS
2 2 (3.92%) PMI
3 1 (1.96%) Analytical Skills
3 1 (1.96%) Client/Server
3 1 (1.96%) Data Centre
Operating Systems
1 1 (1.96%) AIX
1 1 (1.96%) Linux
1 1 (1.96%) Red Hat Enterprise Linux
1 1 (1.96%) SUSE
1 1 (1.96%) SUSE Linux Enterprise Server
1 1 (1.96%) Unix
1 1 (1.96%) Windows
Processes & Methodologies
1 23 (45.10%) Project Management
2 18 (35.29%) Agile Software Development
3 12 (23.53%) PRINCE2
3 12 (23.53%) Waterfall
4 8 (15.69%) Continuous Improvement
4 8 (15.69%) E-Commerce
4 8 (15.69%) Stakeholder Management
5 7 (13.73%) ERP
5 7 (13.73%) Presales
6 6 (11.76%) DNA
6 6 (11.76%) Time Management
7 5 (9.80%) ITIL
7 5 (9.80%) Project Governance
7 5 (9.80%) SDLC
7 5 (9.80%) Service Delivery
7 5 (9.80%) Service Management
7 5 (9.80%) Stakeholder Engagement
8 4 (7.84%) Kanban
8 4 (7.84%) Matrix Management
8 4 (7.84%) Performance Management
Programming Languages
1 5 (9.80%) Java
2 1 (1.96%) C
Qualifications
1 5 (9.80%) Degree
2 3 (5.88%) PMI Certification
2 3 (5.88%) SC Cleared
2 3 (5.88%) Security Cleared
3 2 (3.92%) PMP
4 1 (1.96%) ITIL Certification
4 1 (1.96%) MAPM
4 1 (1.96%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (5.88%) Cyber Essentials
1 3 (5.88%) Cyber Essentials PLUS
1 3 (5.88%) ISO/IEC 27001
2 1 (1.96%) GDPR
Vendors
1 7 (13.73%) Microsoft
2 6 (11.76%) IBM
3 5 (9.80%) Cognos
3 5 (9.80%) SAP
4 4 (7.84%) Hyperion
4 4 (7.84%) Oracle
5 2 (3.92%) Sony
6 1 (1.96%) Anaplan
6 1 (1.96%) Dell
6 1 (1.96%) HP
6 1 (1.96%) Informatica
6 1 (1.96%) Red Hat
6 1 (1.96%) Salesforce.com
6 1 (1.96%) Sun