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 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
V-Model
Rank - 38 -
Contract jobs citing V-Model 0 1 0
As % of all contract IT jobs located in Cambridge - 0.32% -
As % of the Processes & Methodologies category - 0.41% -
Number of daily rates quoted 0 1 0
Average daily rate - £225 -
UK excluding London average daily rate £300 £350 £320
% change year-on-year
-14.28% +9.37%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
314 241 190
As % of all contract IT jobs located in Cambridge 84.18% 77.00% 69.60%
Number of daily rates quoted 194 151 103
Average daily rate £400 £375 £405
Average daily rate % change year-on-year
+6.66% -7.40%
90% offered a daily rate of more than £282 £210 £265
10% offered a daily rate of more than £550 £550 £575
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 22 15 20
Average hourly rate £37.50 £42.50 £37.50
Average hourly rate % change year-on-year
-11.76% +13.33%
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

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