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 average contractor rates offered in IT contracts that have cited V-Model over the 3 months to 5 March 2015 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
5 Mar 2015
Same period 2014 Same period 2013
V-Model
Rank - 16 20
Contract jobs citing V-Model 0 2 1
As % of all contract IT jobs located in Cheltenham - 2.53% 1.33%
As % of the Processes & Methodologies category - 3.39% 1.75%
Number of daily rates quoted 0 0 1
Average daily rate
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of your Daily Rate
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- - £275
UK excluding London average daily rate £340 £310 £350
% change year-on-year
+9.67% -11.42%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £42.50
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
109 59 57
As % of all contract IT jobs located in Cheltenham 76.76% 74.68% 76.00%
Number of daily rates quoted 70 23 23
Average daily rate £425 £375 £325
Average daily rate % change year-on-year
+13.33% +15.38%
90% offered a daily rate of more than £375 £245 £254
10% offered a daily rate of more than £500 £440 £450
UK excluding London average daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 7 6 18
Average hourly rate £40.00 £40.00 £37.75
Average hourly rate % change year-on-year
- +5.96%
90% offered a hourly rate of more than £36.00 £13.85 £36.35
10% offered a hourly rate of more than £42.00 £44.50 £45.00
UK excluding London average hourly rate £30.00 £27.50 £31.00
% change year-on-year
+9.09% -11.29%

V-Model
Jobs Demand Trend in Cheltenham

This chart provides a 3-month moving total of IT contractor jobs citing V-Model across the Cheltenham region as a proportion of the total demand within 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