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 1 October 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
1 Oct 2014
Same period 2013 Same period 2012
V-Model
Rank - - 49
Contract jobs citing V-Model 0 0 2
As % of all contract IT jobs located in Cambridge - - 0.49%
As % of the Processes & Methodologies category - - 0.72%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £340 £520 £310
% change year-on-year
-34.61% +67.74%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £40.00
UK excluding London average hourly rate £59.25 - £40.00
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
271 269 278
As % of all contract IT jobs located in Cambridge 65.30% 74.52% 68.30%
Number of daily rates quoted 162 116 122
Average daily rate £375 £375 £400
Average daily rate % change year-on-year
- -6.25%
90% offered a daily rate of more than £270 £250 £275
10% offered a daily rate of more than £500 £515 £450
UK excluding London average daily rate £375 £365 £365
% change year-on-year
+2.73% -
Number of hourly rates quoted 27 24 64
Average hourly rate £35.63 £41.00 £37.50
Average hourly rate % change year-on-year
-13.10% +9.33%
90% offered a hourly rate of more than £21.00 £26.71 £19.30
10% offered a hourly rate of more than £60.00 £60.00 £45.00
UK excluding London average hourly rate £26.83 £30.00 £28.50
% change year-on-year
-10.56% +5.26%

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