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 20 January 2017 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
20 Jan 2017
Same period 2016 Same period 2015
V-Model
Cambridgeshire / Cambridge
Rank - - 39
Contract jobs citing V-Model 0 0 1
As % of all contract IT jobs located in Cambridge - - 0.31%
As % of the Processes & Methodologies category - - 0.40%
Number of daily rates quoted 0 0 1
Median daily rate - - £225
UK excluding London median daily rate £338 £300 £350
% change year-on-year
+12.50% -14.28%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
270 283 252
As % of all contract IT jobs located in Cambridge 77.36% 86.28% 77.06%
Number of daily rates quoted 123 171 155
Median daily rate £425 £400 £368
Median daily rate % change year-on-year
+6.25% +8.84%
90% offered a daily rate of more than £300 £288 £200
10% offered a daily rate of more than £619 £550 £550
UK excluding London median daily rate £405 £400 £390
% change year-on-year
+1.25% +2.56%
Number of hourly rates quoted 32 20 17
Median hourly rate £40.00 £42.88 £42.50
Median hourly rate % change year-on-year
-6.70% +0.88%
90% offered a hourly rate of more than £17.40 £36.45 £14.40
10% offered a hourly rate of more than £45.00 £60.00 £47.50
UK excluding London median hourly rate £35.00 £40.00 £26.00
% change year-on-year
-12.50% +53.84%

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