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 average contractor rates offered in IT contracts that have cited V-Model over the 3 months to 27 August 2014 with a comparison to the same period in 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.

Location
3 months to
27 Aug 2014
Same period 2013 Same period 2012
V-Model
Rank - - -
Contract jobs citing V-Model 0 0 0
As % of all contract IT jobs located in Cambridge - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate £310 £510 £313
% change year-on-year
-39.21% +63.20%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £61.00 - -
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
313 274 293
As % of all contract IT jobs located in Cambridge 64.67% 74.25% 63.42%
Number of daily rates quoted 204 121 125
Average daily rate £400 £375 £400
Average daily rate % change year-on-year
+6.66% -6.25%
90% offered a daily rate of more than £275 £250 £275
10% offered a daily rate of more than £525 £550 £450
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 24 19 76
Average hourly rate £27.50 £38.50 £37.25
Average hourly rate % change year-on-year
-28.57% +3.35%
90% offered a hourly rate of more than £20.44 £30.00 £22.25
10% offered a hourly rate of more than £59.25 £60.00 £45.00
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

V-Model
Jobs Demand Trend in Cambridge

This chart provides a 3-month moving total of IT contractor jobs citing V-Model across the Cambridge region as a proportion of the total demand within 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