The table below looks at the statistics for V-Model skills in IT contracts advertised for the Cheltenham region. Included is a guide to the contractor rates offered in IT contracts that have cited V-Model over the 3 months to 29 August 2016 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
29 Aug 2016
Same period 2015 Same period 2014
V-Model
Rank - - -
Contract jobs citing V-Model 0 0 0
As % of all contract IT jobs located in Cheltenham - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £394 £300 £310
% change year-on-year
+31.25% -3.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £41.00 £42.50 £61.00
% change year-on-year
-3.52% -30.32%
V-Model
Gloucestershire

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Cheltenham region.

Processes & Methodologies Category
Cheltenham
Contract IT job ads with a match in the
Processes & Methodologies category
96 91 83
As % of all contract IT jobs located in Cheltenham 81.36% 69.47% 73.45%
Number of daily rates quoted 54 67 48
Median daily rate £390 £425 £400
Median daily rate % change year-on-year
-8.23% +6.25%
90% offered a daily rate of more than £300 £315 £263
10% offered a daily rate of more than £600 £485 £510
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 11 3 11
Median hourly rate £42.50 £42.50 £40.00
Median hourly rate % change year-on-year
- +6.25%
UK excluding London median hourly rate £29.53 £32.54 £25.75
% change year-on-year
-9.26% +26.36%

V-Model
Jobs Demand Trend in Cheltenham

The demand trend of contract jobs across the Cheltenham 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 Cheltenham

V-Model
Daily Rate Trend in Cheltenham

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

V-Model Daily Rate Trend in Cheltenham