Period
to 21 August 2018

The following table provides summary statistics for contract job vacancies advertised in Watford with a requirement for Requirements Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Management over the 6 months to 21 August 2018 with a comparison to the 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.

Requirements Management
Hertfordshire > Watford
6 months to
21 Aug 2018
Same period 2017 Same period 2016
Rank 41 43 -
Rank change year-on-year +2 - -
Contract jobs citing Requirements Management 3 3 0
As % of all contract IT jobs advertised in Watford 0.88% 0.86% -
As % of the Processes & Methodologies category 0.99% 0.99% -
Number of daily rates quoted 1 0 0
Watford median daily rate £425 - -
Hertfordshire median daily rate £413 £588 £350
% change year-on-year -29.79% +67.86% -6.67%
Number of hourly rates quoted 0 0 0
Watford median hourly rate - - -
Hertfordshire median hourly rate - £50.00 -

Requirements Management is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Watford with a requirement for process or methodology skills.

All Process and Methodology Skills
Watford
Contract vacancies with a requirement for process or methodology skills 302 302 234
As % of all contract IT jobs advertised in Watford 88.82% 86.29% 76.47%
Number of daily rates quoted 181 139 122
Watford median daily rate £425 £425 £375
Median daily rate % change year-on-year - +13.33% -
10th Percentile £213 £215 £205
90th Percentile £550 £575 £538
Hertfordshire median daily rate £413 £413 £400
% change year-on-year - +3.13% +3.23%
Number of hourly rates quoted 12 8 3
Watford median hourly rate £35.00 £29.00 £14.50
Median hourly rate % change year-on-year +20.69% +100.00% +11.54%
10th Percentile £14.20 £15.98 £13.65
90th Percentile £51.13 £40.00 £14.75
Hertfordshire median hourly rate £17.32 £16.82 £22.50
% change year-on-year +2.97% -25.24% +21.62%

Requirements Management
Job Vacancy Trend in Watford

Job postings citing Requirements Management as a percentage of all IT jobs advertised in Watford.

Job vacancy trend for Requirements Management in Watford

Requirements Management
Contractor Daily Rate Trend in Watford

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

Contractor daily rate trend for Requirements Management in Watford

For the 6 months to 21 August 2018, IT contractor jobs citing Requirements Management also mentioned the following 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 with a requirement for Requirements Management.

1 3 (100.00%) Process Improvement
1 3 (100.00%) Analytical Skills
1 3 (100.00%) Problem-Solving
2 2 (66.67%) Active Listening
2 2 (66.67%) Business Analysis
2 2 (66.67%) Stakeholder Management
3 1 (33.33%) Artificial Intelligence
3 1 (33.33%) Business Transformation
3 1 (33.33%) Analytics

Requirements Management
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:

Job Titles
1 3 (100.00%) Analyst
1 3 (100.00%) Business Analyst
2 2 (66.67%) Business IT Analyst
2 2 (66.67%) IT Analyst
2 2 (66.67%) IT Business Analyst
3 1 (33.33%) Digital Analyst
3 1 (33.33%) Digital Business Analyst
Miscellaneous
1 3 (100.00%) Analytical Skills
Processes & Methodologies
1 3 (100.00%) Problem-Solving
1 3 (100.00%) Process Improvement
2 2 (66.67%) Active Listening
2 2 (66.67%) Business Analysis
2 2 (66.67%) Stakeholder Management
3 1 (33.33%) Analytics
3 1 (33.33%) Artificial Intelligence
3 1 (33.33%) Business Transformation