The table below looks at the statistics for Stochastic 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 Stochastic Modelling over the 3 months to 7 July 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
7 Jul 2015
Same period 2014 Same period 2013
Stochastic Modeling
Rank - - -
Contract jobs citing Stochastic Modelling 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Processes & Methodologies category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Stochastic 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
4427 4414 5491
As % of all contract IT jobs located in the City of London 77.89% 77.13% 77.88%
Number of daily rates quoted 3499 3281 4126
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £325 £313 £310
10% offered a daily rate of more than £625 £625 £600
UK excluding London average daily rate £388 £375 £365
% change year-on-year
+3.33% +2.61%
Number of hourly rates quoted 41 41 101
Average hourly rate £24.50 £23.50 £32.58
Average hourly rate % change year-on-year
+4.25% -27.86%
90% offered a hourly rate of more than £14.50 £14.50 £18.00
10% offered a hourly rate of more than £47.50 £53.50 £59.00
UK excluding London average hourly rate £30.00 £27.50 £30.50
% change year-on-year
+9.09% -9.83%

Stochastic Modelling
Jobs Demand Trend in the City of London

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

Stochastic Modelling Jobs Demand Trend in the City of London

Stochastic 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 Stochastic Modelling across the City of London region.

Stochastic Modelling Daily Rate Trend in the City of London