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 27 August 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
27 Aug 2014
Same period 2013 Same period 2012
V-Model
Rank - - 14
Contract jobs citing V-Model 0 0 4
As % of all contract IT jobs located in Cheltenham - - 4.55%
As % of the Processes & Methodologies category - - 6.35%
Number of daily rates quoted 0 0 1
Average daily rate
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of your Daily Rate
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- - £190
UK excluding London average daily rate £310 £510 £313
% change year-on-year
-39.21% +63.20%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £61.00 - -
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
80 41 63
As % of all contract IT jobs located in Cheltenham 72.07% 58.57% 71.59%
Number of daily rates quoted 46 28 25
Average daily rate £400 £363 £425
Average daily rate % change year-on-year
+10.34% -14.70%
90% offered a daily rate of more than £263 £250 £325
10% offered a daily rate of more than £510 £400 £463
UK excluding London average daily rate £375 £370 £360
% change year-on-year
+1.35% +2.77%
Number of hourly rates quoted 11 2 7
Average hourly rate £40.00 £14.38 £34.00
Average hourly rate % change year-on-year
+178.26% -57.72%
UK excluding London average hourly rate £25.00 £30.00 £31.00
% change year-on-year
-16.66% -3.22%

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