The table below looks at the statistics for V-Model skills in IT contracts advertised for the Bristol region. Included is a guide to the contractor rates offered in IT contracts that have cited V-Model over the 3 months to 26 August 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
26 Aug 2016
Same period 2015 Same period 2014
V-Model
Rank - 70 64
Contract jobs citing V-Model 0 1 4
As % of all contract IT jobs located in Bristol - 0.11% 0.47%
As % of the Processes & Methodologies category - 0.14% 0.59%
Number of daily rates quoted 0 1 4
Median daily rate - £575 £425
Median daily rate % change year-on-year
- +35.29%
UK excluding London median daily rate £394 £300 £310
% change year-on-year
+31.25% -3.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £41.00 £42.50 £61.00
% change year-on-year
-3.52% -30.32%
V-Model
South West

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Bristol region.

Processes & Methodologies Category
Bristol
Contract IT job ads with a match in the
Processes & Methodologies category
758 734 678
As % of all contract IT jobs located in Bristol 82.21% 79.35% 79.67%
Number of daily rates quoted 554 585 491
Median daily rate £400 £388 £380
Median daily rate % change year-on-year
+3.22% +1.97%
90% offered a daily rate of more than £275 £275 £285
10% offered a daily rate of more than £550 £525 £520
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 38 16 15
Median hourly rate £40.00 £36.00 £20.00
Median hourly rate % change year-on-year
+11.11% +80.00%
90% offered a hourly rate of more than £13.50 £13.00 £14.80
10% offered a hourly rate of more than £48.50 £100.00 £33.50
UK excluding London median hourly rate £30.00 £33.00 £25.75
% change year-on-year
-9.09% +28.15%

V-Model
Jobs Demand Trend in Bristol

The demand trend of contract jobs across the Bristol region citing V-Model as a proportion of all IT contracts with a match in the Processes & Methodologies category.

V-Model Jobs Demand Trend in Bristol

V-Model
Daily Rate Trend in Bristol

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing V-Model across the Bristol region.

V-Model Daily Rate Trend in Bristol