Period
to 22 July 2018

The following table provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for Benchmarking skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Benchmarking over the 6 months to 22 July 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.

Benchmarking
England > West Midlands
6 months to
22 Jul 2018
Same period 2017 Same period 2016
Rank 196 161 197
Rank change year-on-year -35 +36 -16
Contract jobs citing Benchmarking 4 14 11
As % of all contract IT jobs advertised in the West Midlands 0.078% 0.32% 0.18%
As % of the Processes & Methodologies category 0.093% 0.38% 0.22%
Number of daily rates quoted 3 6 10
West Midlands median daily rate £375 £400 £400
Median daily rate % change year-on-year -6.25% - -
10th Percentile £298 £369 £296
90th Percentile £403 £420 £496
England median daily rate £425 £425 £423
% change year-on-year - +0.59% +5.63%
Number of hourly rates quoted 0 5 0
West Midlands median hourly rate - £51.00 -
England median hourly rate £27.50 £50.50 £21.50
% change year-on-year -45.54% +134.88% +34.38%

Benchmarking 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 the West Midlands with a requirement for process or methodology skills.

All Process and Methodology Skills
West Midlands
Contract vacancies with a requirement for process or methodology skills 4,288 3,688 5,016
As % of all contract IT jobs advertised in the West Midlands 83.25% 83.16% 83.64%
Number of daily rates quoted 2,578 2,324 2,914
West Midlands median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% - +6.67%
10th Percentile £263 £256 £238
90th Percentile £575 £539 £538
England median daily rate £463 £450 £425
% change year-on-year +2.78% +5.88% +4.94%
Number of hourly rates quoted 195 134 114
West Midlands median hourly rate £15.50 £20.00 £17.00
Median hourly rate % change year-on-year -22.50% +17.65% -24.44%
10th Percentile £10.89 £10.96 £10.73
90th Percentile £37.55 £49.25 £39.35
England median hourly rate £22.50 £24.49 £23.75
% change year-on-year -8.11% +3.09% +12.71%

Benchmarking
Job Vacancy Trend in the West Midlands

Job postings citing Benchmarking as a percentage of all IT jobs advertised in the West Midlands.

Job vacancy trend for Benchmarking in the West Midlands

Benchmarking
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Benchmarking in the West Midlands.

Contractor daily rate trend for Benchmarking in the West Midlands

Benchmarking
Contractor Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Benchmarking in the West Midlands.

Contractor hourly rate trend for Benchmarking in the West Midlands

Benchmarking
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Benchmarking within the West Midlands region over the 6 months to 22 July 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Warwickshire -5 1 - - 1
Coventry -16 1 £288 -28.13%
Birmingham -19 1 £388 - 1
Benchmarking
England

For the 6 months to 22 July 2018, IT contractor jobs citing Benchmarking 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 West Midlands region with a requirement for Benchmarking.

1 2 (50.00%) Agile Software Development
1 2 (50.00%) Finance
2 1 (25.00%) Automotive
2 1 (25.00%) Manufacturing
2 1 (25.00%) Stakeholder Management
2 1 (25.00%) SAS
2 1 (25.00%) SAS Certification
2 1 (25.00%) Project Management
2 1 (25.00%) Retail
2 1 (25.00%) Data Management
2 1 (25.00%) CIPD
2 1 (25.00%) Use Case
2 1 (25.00%) Usability Testing
2 1 (25.00%) Product Management
2 1 (25.00%) Rapid Prototyping
2 1 (25.00%) Axure RP
2 1 (25.00%) Trend Analysis
2 1 (25.00%) Analytics
2 1 (25.00%) User Stories
2 1 (25.00%) Propensity Modelling
2 1 (25.00%) Technical Analysis
2 1 (25.00%) Mentoring
2 1 (25.00%) Coaching
2 1 (25.00%) User Experience
2 1 (25.00%) Analytical Skills
2 1 (25.00%) Performance Metrics
2 1 (25.00%) Ethnography
2 1 (25.00%) Ethnographic Research
2 1 (25.00%) Wireframes
2 1 (25.00%) Disruptive Innovation

Benchmarking
Co-occurring IT Skills in the West Midlands 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 (25.00%) SAS
Applications
1 1 (25.00%) InVision
1 1 (25.00%) UserZoom
Development Applications
1 1 (25.00%) Axure RP
General
1 2 (50.00%) Finance
2 1 (25.00%) Automotive
2 1 (25.00%) Manufacturing
2 1 (25.00%) Retail
2 1 (25.00%) Retail Finance
Job Titles
1 1 (25.00%) Engineering Manager
1 1 (25.00%) Performance Specialist
1 1 (25.00%) Product Manager
1 1 (25.00%) SAS Modeller
1 1 (25.00%) User Researcher
Miscellaneous
1 1 (25.00%) Analytical Skills
1 1 (25.00%) User Experience
Processes & Methodologies
1 2 (50.00%) Agile Software Development
2 1 (25.00%) Analytics
2 1 (25.00%) Coaching
2 1 (25.00%) Data Management
2 1 (25.00%) Disruptive Innovation
2 1 (25.00%) Ethnographic Research
2 1 (25.00%) Ethnography
2 1 (25.00%) Mentoring
2 1 (25.00%) Product Management
2 1 (25.00%) Project Management
2 1 (25.00%) Propensity Modelling
2 1 (25.00%) Prototyping
2 1 (25.00%) Rapid Prototyping
2 1 (25.00%) Stakeholder Management
2 1 (25.00%) Technical Analysis
2 1 (25.00%) Trend Analysis
2 1 (25.00%) Usability Testing
2 1 (25.00%) Use Case
2 1 (25.00%) User Stories
2 1 (25.00%) Wireframes
Qualifications
1 1 (25.00%) CIPD
1 1 (25.00%) SAS Certification