The first table below looks at the demand 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 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the Cambridge region.

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
22 May 2013
Same period 2012 Same period 2011
V-Model
Rank - - 33
Contract jobs citing V-Model 0 0 1
As % of all contract IT jobs located in Cambridge - - 0.398%
As % of the Processes & Methodologies category - - 0.694%
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £350 £275 £325
% change year-on-year
+27.27% -15.38%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £31.50
UK excluding London average hourly rate - - £35.75
All Processes & Methodologies
Cambridge
Contract IT job ads with a match in the
Processes & Methodologies category
186 226 144
As % of all contract IT jobs located in Cambridge 55.36% 52.80% 57.37%
Number of daily rates quoted 101 111 90
Average daily rate £350 £350 £350
90% offered a daily rate of more than £250 £275 £265
10% offered a daily rate of more than £434 £550 £450
UK excluding London average daily rate £365 £365 £375
% change year-on-year
- -2.66%
Number of hourly rates quoted 28 21 17
Average hourly rate £40.00 £42.50 £31.50
Average hourly rate % change year-on-year
-5.88% +34.92%
90% offered a hourly rate of more than £34.75 £35.00 £13.50
10% offered a hourly rate of more than £42.50 £56.50 £44.50
UK excluding London average hourly rate £31.00 £25.00 £29.00
% change year-on-year
+24.00% -13.79%
V-Model
Cambridgeshire

V-Model
Jobs Demand Trend

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.

Cambridge V-Model Jobs Demand Trend

V-Model
Daily Rate Trend

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

Cambridge V-Model Daily Rate Trend

V-Model
Hourly Rate Trend

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

Cambridge V-Model Hourly Rate Trend