The table below looks at the statistics for V-Model skills in IT contracts advertised for the Cambridge region. Included is a guide to the contractor rates offered in IT contracts that have cited V-Model over the 3 months to 27 May 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
27 May 2016
Same period 2015 Same period 2014
V-Model
Rank - 47 -
Contract jobs citing V-Model 0 1 0
As % of all contract IT jobs located in Cambridge - 0.26% -
As % of the Processes & Methodologies category - 0.35% -
Number of daily rates quoted 0 1 0
Median daily rate - £380 -
UK excluding London median daily rate £336 £263 £310
% change year-on-year
+27.85% -15.16%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £42.50 - -
V-Model
Cambridgeshire

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

Processes & Methodologies Category
Cambridge
Contract IT job ads with a match in the
Processes & Methodologies category
299 285 297
As % of all contract IT jobs located in Cambridge 82.14% 75.40% 80.93%
Number of daily rates quoted 186 204 183
Median daily rate £413 £375 £388
Median daily rate % change year-on-year
+10.00% -3.22%
90% offered a daily rate of more than £325 £275 £275
10% offered a daily rate of more than £525 £488 £498
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 19 16 31
Median hourly rate £37.50 £40.00 £39.50
Median hourly rate % change year-on-year
-6.25% +1.26%
90% offered a hourly rate of more than £17.50 £25.00 £24.00
10% offered a hourly rate of more than £47.50 £42.50 £43.65
UK excluding London median hourly rate £33.00 £30.00 £30.00
% change year-on-year
+10.00% -

V-Model
Jobs Demand Trend in Cambridge

The demand trend of contract jobs across the Cambridge 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 Cambridge

V-Model
Daily Rate Trend in Cambridge

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

V-Model Daily Rate Trend in Cambridge

V-Model
Hourly Rate Trend in Cambridge

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing V-Model across the Cambridge region.

V-Model Hourly Rate Trend in Cambridge