The table below looks at the statistics for Statistical Modelling skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Statistical Modelling over the 3 months to 14 February 2016 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
14 Feb 2016
Same period 2015 Same period 2014
Statistical Modeling
Rank - 187 199
Contract jobs citing Statistical Modelling 0 8 7
As % of all contract IT jobs located in the City of London - 0.16% 0.12%
As % of the Processes & Methodologies category - 0.19% 0.15%
Number of daily rates quoted 0 8 7
Average daily rate - £488 £425
Average daily rate % change year-on-year
- +14.70%
UK excluding London average daily rate £406 £495 £425
% change year-on-year
-17.92% +16.47%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £19.49 - -
Statistical Modelling
London

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

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2646 4114 4641
As % of all contract IT jobs located in the City of London 84.21% 81.02% 79.58%
Number of daily rates quoted 2092 3221 3335
Average daily rate £488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £325 £320 £295
10% offered a daily rate of more than £625 £625 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 31 33 52
Average hourly rate £24.00 £23.50 £26.13
Average hourly rate % change year-on-year
+2.12% -10.04%
90% offered a hourly rate of more than £13.00 £12.50 £16.50
10% offered a hourly rate of more than £53.00 £45.95 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Statistical Modelling
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Statistical Modelling across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Statistical Modelling Jobs Demand Trend in the City of London

Statistical Modelling
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Statistical Modelling across the City of London region.

Statistical Modelling Daily Rate Trend in the City of London

Statistical Modelling
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Statistical Modelling across the City of London region.

Statistical Modelling Hourly Rate Trend in the City of London

Statistical Modelling
Top 17 Related IT Skills in the City of London

For the 6 months to 14 February 2016, IT contractor jobs across the City of London region citing Statistical Modelling also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Statistical Modelling.

1 2 (66.67%) SQL
2 1 (33.33%) VBA
2 1 (33.33%) SAS
2 1 (33.33%) Adobe
2 1 (33.33%) Project Management
2 1 (33.33%) Finance
2 1 (33.33%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Statistical Analysis
2 1 (33.33%) Statistics
2 1 (33.33%) Marketing
2 1 (33.33%) Credit Risk
2 1 (33.33%) Analytics
2 1 (33.33%) Time Series Analysis
2 1 (33.33%) Analytical Skills
2 1 (33.33%) Tag Management
2 1 (33.33%) JavaScript

Statistical Modelling
Top Related IT Skills in the City of London by Category

For the 6 months to 14 February 2016, IT contractor jobs across the City of London region citing Statistical Modelling also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Statistical Modelling. Up to 20 skills are shown per category.

Application Platforms
1 1 (33.33%) SAS
General
1 1 (33.33%) Banking
1 1 (33.33%) Finance
1 1 (33.33%) Marketing
1 1 (33.33%) Retail
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Architect
1 1 (33.33%) Credit Risk Modeller
1 1 (33.33%) Data Analyst
1 1 (33.33%) Senior Analyst
1 1 (33.33%) Senior Data Analyst
1 1 (33.33%) Statistical Modeller
Miscellaneous
1 1 (33.33%) Analytical Skills
1 1 (33.33%) Credit Risk
1 1 (33.33%) Statistics
Processes & Methodologies
1 1 (33.33%) Analytics
1 1 (33.33%) Project Management
1 1 (33.33%) Statistical Analysis
1 1 (33.33%) Tag Management
1 1 (33.33%) Time Series Analysis
Programming Languages
1 2 (66.67%) SQL
2 1 (33.33%) JavaScript
2 1 (33.33%) VBA
Vendors
1 1 (33.33%) Adobe